Bitcoin Lightning Comes to Hive
Hive Blockchain has been one of the decentralised worlds greatest success stories a chain over 4 years in existence with continued development and growth it is a chain that people shouldn't go past when looking to expand their crypto journey.
Hive which is a fork from Steem has seen a 450% increase since its inception and with more and more projects choosing to build on the Hive Blockchain it continues to out perform the majority of the web3 world through longevity.
Hive has for sometime enabled cross chain transfers and can already accept Bitcoin, BNB, LTC and many more tokens. Although due to low volume on the internal market it is not ideal conditions to formally trade these tokens.
Bitcoin Lightning
Now through the great work of @brianoflondon every Hive user has access to Bitcoin Lightning and can accept tips in Bitcoin. So if you're keen to give it a try and support my work you can scan my QR code above and tip me some bitcoin.
Beyond just providing the QR code there is a special tip function that enables all Hive developers to include the system into their front ends. So no matter what Hive front end you use you'll be able to receive Bitcoin tips.
For more information on how it works and whose been developing the project you can read more on Lightning Addresses for EVERYONE on Hive!.
To get yours simply add your Hive account username to the end of this link https://v4v.app/v1/lnurlp/qrcode/ and you will receive your bitcoin lightning address.
What is Bitcoin Lightning?
Lightning Labs has been one of the few teams to commence developing Bitcoin lightning which will take Bitcoin beyond its current for and support mainstream adoption.
As Bitcoin's mining life is slowly coming to an end there have been many teams trying to establish the "what's next" chapter. Bitcoin Lightning has been developed as a layer 2 protocol to enable faster, cheaper and increase the amount of transactions possible.
In fact the QR code above is an example of what Bitcoin lightning is. No longer will you need length keys and wait on transactions everything is taken care of with one swipe of the QR code.
For now I will leave this post open as I will return to write a blog on Bitcoin lightning as the focus today is on the continued growth and adoption of Hive.
Images source provided supplemented with Canva Pro. This is not financial advice and readers are advised to undertake their own research or seek professional financial services