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Author Topic: [2017-08-31] Creator of World's First Bitcoin Fuel Pump Plans Lightning Support  (Read 1490 times)
sheld0n
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August 31, 2017, 06:57:31 PM
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The creator of the first ever commercial fuel pump to accept bitcoin has revealed a plan to add Lightning Network functionality to his design.
The original machine, designed and built by Andy Schroder in 2014, allows users to scan a QR code and send bitcoin instead of more traditional means of payment. Schroder now wants to adapt his design to incorporate the Lightning's off-chain payments, he announced on the Lightning-dev mailing list yesterday.
Coindesk
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August 31, 2017, 07:17:33 PM
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Yep.

IRL business needs Lightning (or other 2nd layer networks) to do timely business, waiting for blockchain confirmations when doing business in person is just not viable if Bitcoin is to become a successful currency.

Bitcoin is not a quick enough payment network for instant, in-person commerce. With Lightning, and other 2nd layer networks, Bitcoin can compete with VISA, UnionPay, and even cash Smiley

Vires in numeris
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