How Successful Lightning Network Events Bring About Adoption

CryptoBeerKings Hosts First Successful Lightning Network Beer Event

On a snowy evening successful a barroom adjacent Denver, Colorado, 10 Bitcoiners got unneurotic to alteration the mode businesses presumption Bitcoin and however they tin pull a “new” benignant of customer. This lawsuit was enactment unneurotic by CryptoBeerKings (CBK), Bitcoin lawsuit planner and consultant, with a extremity of showing a impervious of conception to caller merchants successful accepting bitcoin on-chain and Lightning Network (LN) transactions arsenic different signifier of payment. How casual and seamless tin the process beryllium for a concern to judge this caller signifier of payment? Let’s find out!

The brewery that hosted the lawsuit does not astatine the infinitesimal judge BTC oregon LN payments, nor did they cognize overmuch astir Bitcoin, but they were consenting to let this experiment. In bid to acceptable up this event, CBK arrived 30 minutes aboriginal to acceptable up a BTCPay Server that would enactment similar a merchant outgo processor astatine the microbrewery. In doing so, a webpage connected CBK’s laptop was created to enactment arsenic a point-of-sale (PoS) store, and their beers connected pat were listed. It was a basal webpage that immoderate concern tin incorporated into their existing website if they take to judge bitcoin arsenic payment.

A QR codification was created connected screen, conscionable arsenic truthful galore breweries and restaurants bash now, that would instrumentality customers to the PoS store, wherever they could marque their selection. Once a enactment was made, the brew was added to cart, and with the elemental click of the “Pay” button, a QR Code would look giving the thirsty Bitcoiner a prime of paying on-chain successful bitcoin oregon via Lightning. Just similar that, successful a fewer seconds, gatherers astatine the lawsuit were utilizing Strike, Breez, Muun, Zeus oregon Blue Wallet to marque their archetypal LN brew purchase!

I adjacent went truthful acold arsenic to instrumentality a photograph of the setup with a brew and the QR lawsuit card. I posted it to 1 of a fewer LN groups I'm progressive with, conscionable to amusement however pumped I was astir this lawsuit coming together. A person was capable to scan the QR codification from the representation to the PoS store and bought maine beer, from a timezone away! That is the powerfulness of this technology. One attendee of the lawsuit called bitcoin “five-dimensional money” and my person proved it.

My chap Bitcoiners gave maine large feedback without prompting. Some discovered a caller brewery, portion others got to acquisition transacting successful bitcoin oregon Lightning easy and seamlessly. This wasn't the lawsuit conscionable a mates of years ago, due to the fact that the tech was inactive being developed for some merchants and customers. Most Bitcoiners person lone heard of BTCPay Server done podcasts oregon speechmaking astir it, but I was capable to present immoderate caller radical to BTCPay Server, however it works, the setup, etc.

This is what it was designed for — to enactment arsenic a outgo processor for merchants who privation to destruct fees from mediate men, bring successful caller customers and usage 21st-century exertion successful their business. Too often we spot bitcoin arsenic chiefly a store of value, and this lawsuit served arsenic a span betwixt a merchant unfamiliar with bitcoin and Bitcoiners who ne'er would person appeared that acold snowy evening astatine this microbrewery. Overall, this caller strategy volition amended some lawsuit and merchant experiences which volition pb to continued adoption worldwide.

Reflecting connected the lawsuit aft the adrenaline came down, I realized I’m acceptable for the adjacent experiment. This task took implicit a twelvemonth and included rather a learning curve. The hard work, assemblage enactment and questions got maine to this point. A palmy lawsuit wherever everyone paid via LN that didn't consciousness hacky oregon gimmicky. Bitcoin and LN improvement are improving each day, and the idiosyncratic basal is increasing by the millions. In-person events volition hap much often and some merchants and Bitcoiners volition benefit. This volition not beryllium the past event, CryptoBeerKings volition beryllium reaching retired to much breweries and with the enactment of the Denver Bitcoiners, we volition support adding much radical to the Bitcoin lifeboat!

So, connected the aforesaid time the IMF pressured El Salvador to region bitcoin arsenic a ineligible tender, 10 Bitcoiners got unneurotic successful a barroom adjacent Denver, connected a snowy night, to rise a toast to conducting transactions successful sats and to archer the IMF, “go lb sand.”

This is simply a impermanent station by Anthony Feliciano. Opinions expressed are wholly their ain and bash not needfully bespeak those of BTC Inc oregon Bitcoin Magazine.