Soon bitcoin transactions can become faster and cheaper.
The provider of prepaid phone payments Bitrefill with the help of Lightning network has replenished the mobile phone without commission and with great speed.
So far, such transactions are not available to the broad masses, it has certain limitations, and yet it shows its efficiency and future prospects. This is how bitcoin transactions for ordinary users can soon occur.
Lightning is a very popular solution for scaling the cryptocurrency of bitcoin. This is a completely new level of the solution, which allows you to perform translations cheaper and at times faster while maintaining complete transaction security. According to Bitinfocharts, today the average price for a bitcoin transaction is $ 36.
Bitrefill develops its activities in such a way as to provide users with the opportunity to pay tariffs for mobile communications with cryptocurrency. Bitrefill CEO Sergey Kotlyar said that the company wants its customers to pay bills, replenish the balance sheet, buy vouchers and perform other operations without any problems.
Kotlyar said that the testing was successful and everything is almost ready to launch a new technology on a wider scale.
Customers will have to update their wallets in order to support the new level of the Lightning protocol, but so far this has not happened, Kotlyar said.
Noting that production implementations of such innovations often face complexities, a small team at Bitrefill decided to create a radically different proposal with the use of cryptocurrency, which would accelerate the widespread introduction of Lightning.
