The Lightning Network Lunch: A Bitcoin contactless payment story
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A data analyst on the Isle of Man demonstrated how contactless payments work on Bitcoin’s Lightning Network using an NFC enabled "Bolt Card."
The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services using contactless technology.
A data analyst at the company behind the card, CoinCorner, took the Bolt card on a trial run on the Isle of Man, a British Crown dependency in the Irish Sea. “MSW” — as he is known — tapped to pay at eight point-of-sale (PoS) devices during his lunchtime investigation.
It worked like this: for any PoS device showing a Lightning invoice, MSW simply hovered the NFC enabled Bolt Card nearby. In total, MSW 20 paid for 20 breakfasts, lunches, drinks and snacks using the LN prior to the Bolt Card's release:
⚡️#LightningLunch - Day 16⚡️
Prawn noodles, mango lassi
Street Kitchen
Price: 44,634 丰 (£11.50)
Notes: Magnificent as always, but pretty spicy
Pro-tip: Take your lunch break early to save sats !
Total spent: 413,107 丰 / £123.30
Current value: £110.06 pic.twitter.com/EA8Dgx6qoI
— CoinCornerMSW (@CoinCornerMSW) May 9, 2022
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