Accepting bitcoin payments

To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Receive all Bitcoinist news in Telegram! Canadian consumers can now purchase practically anything with Bitcoin instantly and at near-zero transaction fees accepting bitcoin payments gift card merchant Coincards.

The move makes Coincards the first major non-technical entity to accept Lightning, the wide selection of gift cards available meaning even items on Amazon and Newegg can now be paid for using the technology. Explaining the implementation, Coincards added it partnered with developers from BTCPay to facilitate client-side LN. We are extremely pleased to announce that thanks to the talented and driven team of BTCpay, Coincards. 25 gift card purchases using the Bitcoin Lightning Network! Lightning Network icon, and a QR code will appear on the bottom of the screen, which can be scanned in your payment wallet. Lightning Network is still in Beta.

Despite security and technical providence remaining a gray area, LN has enjoyed huge uptake from more technically-minded Bitcoin users. This has led to the first consumer-oriented apps and services already leave the experimental stage, among the first of which was Blockstream’s acceptance for products on its new webstore in January. As of April 10, LN mainnet boasted 1458 public nodes and 4713 channels, the node count having passed that of the Bitcoin Cash network to demonstrate continued belief in the currency-focused aspect of Bitcoin. Meanwhile a new 3D interactive visualization of the network is now available.

What do you think about Coincards’ support of Lightning Network purchases? Let us know in the comments below! Litecoin is currently the sixth largest cryptocurrency by market capitalization, having fallen from grace in recent months. However, some cryptocurrency analysts claim Litecoin is due for a resurgence preceding mass adoption.

In case you were wondering, neither Warren Buffett nor Jamie Dimon have changed their minds in regards to Bitcoin. Which one of you hates Bitcoin more? Warren Buffett — an American business magnate, investor, and CEO of multinational conglomerate holding company Berkshire Hathaway — is one of the most notoriously bearish individuals in the traditional finance space when it comes to Bitcoin. To bring you the best content on our sites and applications, Meredith partners with third party advertisers to serve digital ads, including personalized digital ads. Those advertisers use tracking technologies to collect information about your activity on our sites and applications and across the Internet and your other apps and devices. Oscar Darmawan – CEO of Bitcoin. I really believe that Blockchain technology will eventually change the way system works.