MultiversX Tracker is Live!

BIP21 is necessary to reach widespread adoption

Bitcoin Reddit

More / Bitcoin Reddit 188 Views

Just want to share this with you:

I am in El Salvador right now to see how the adoption is going here. Went to one of the large supermarkets here to get some groceries and asked the cashier whether I could pay with Bitcoin.

It took her a while to generate a QR code on the cash register. Finally, she presented me a Bitcoin address for an on-chain transaction. The software also provided the option to use Lightning but she was apparently not aware of the difference and my spanish is too bad to explain. So I paid on-chain with 20% in fees. Luckily she did not ask me to wait for the confirmation.

I randomly came across BIP21 this morning, which basically uses one QR-Code for both, on-chain and LN. The user no longer has to decide which option to use. This is imo one of the most important BIPs from an UX perspective.

https://bitcoinmagazine.com/technical/bitcoin-improvement-proposal-21-helps-users


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments