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• Jack Mallers, CEO of bitcoin payment service Strike, has announced that the Bitcoin Lightning Network is now live on Clover, a major Android point of sale (POS) platform.
• Merchants can accept payments from any source that supports the Lightning Network.
• The pilot phase will initially last for 90 days, after which the Bitcoin Lightning integration will be made available through the Clover App Store.
Jack Mallers, the CEO of bitcoin payment service Strike, has made a huge announcement – the Bitcoin Lightning Network is now officially live on Clover, a major Android Point of Sale platform. This is a huge milestone in the world of bitcoin, as it signals a major push toward mainstream adoption of the digital currency.
The integration of the Lightning Network with Clover provides merchants with an easy and secure way to accept payments in bitcoin. Merchants are now able to accept payments from any source that supports the Lightning Network, including Cash App, Tor, and more. The pilot phase of the integration will last for 90 days, during which time interested Clover merchants can enable payments via Lightning. During this time, Strike and Fiserv, Clover’s parent company, will measure and track the settlement speeds and costs compared to other networks.
Once the pilot phase has concluded, the Bitcoin Lightning integration will be made available to all merchants who use the Clover App Store. This will open up the Lightning Network to millions of merchants all over the world, allowing them to accept payments quickly and securely.
Overall, this is a major step forward for the world of bitcoin and digital payments. With the integration of the Lightning Network on Clover, bitcoin payments are now faster, more secure, and more widely available than ever before. This is sure to be a major catalyst for the further adoption of bitcoin as a payment method.
