A new product from Zap Wallet will allow you to pay for Lightning invoices without opening channels and wallets



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A new product from Zap Wallet will allow you to pay for Lightning invoices without opening channels and wallets

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The developers of the popular Lightning-wallet Zap Wallet introduced a new product called Strike, with which you can pay for invoices using only bank cards, without resorting to wallets and other traditional Lightning Network procedures.

“Exactly: no wallets, nodes, channels, swaps or liquidity management. Nothing at all, ”wrote Jack Mullers, CEO of Zap Wallet.

I just published Announcing Strike by Zap

Our biggest product yet, built on top of Olympus.

What if you could pay a Lightning invoice with your debit card? What if your bank account could speak bitcoin?

Welcome, @ln_strike

Strike was developed on top of an earlier decision by a team called Olympus, and, as Mullers says, the new product aims to bring the onset of a new era in the development of bitcoin and achieve true mass adoption.

Olympus was first introduced in September 2019 and was conceived as a tool that allows you to instantly purchase cryptocurrency on the Lightning Network using bank cards.

However, as they continued to work on this product, the developers also realized that if they were able to solve the problem of painlessly entering bitcoins into the Lightning network, another equally important problem remained unresolved: users.

As Jack Mullers admits, not all of them are ready to deal with a number of nuances that arise when using both on-chain transactions and the Lightning network.

Among those, he calls the volatility, from which many refuse to carry out operations, tax issues, and most importantly – the reluctance to delve into technical details like installing a wallet and buying cryptocurrency.

So, he gives an example when a user agreed to pay a few cents for reading an article, but when he found out that additional actions would be required before, he refused.

“I have a few pennies in USD. If this is not enough to buy an article, then I simply will not buy it, ”Mullers quotes the words of one of the testers.

All this led the project team to the idea of ​​creating a more convenient tool that would make it possible to pay Lightning invoices directly from a bank card – without creating a wallet, opening channels, depositing bitcoins, etc. The final result of the work was the now presented Strike, which is actually an improved version of Olympus.

The product is available for devices on iOS and Android, in the desktop version, as well as in the form of a browser extension.

For example, the process of paying an invoice from an iOS device looks like this:

We’ve built Strike on iOS, Android, Desktop, and a browser extension.

Here is a Strike iOS demo. I make a $ 0.50 deposit from my bank account, and pay a $ 0.02 Lightning micropayment to read an article from @YallsOrg

And this is a demo of payment through a browser application:

Here is a Strike browser extension demo.

I’m shopping on @bitcoinshirtco (shoutout @brian_trollz @MrHodl). I deposit to my Strike balance so I can afford the mug, and then make the Lightning payment to their @BtcpayServer with my fiat.

Real-world trials at a recreational product store:

In the near future, the developers of Zap Wallet will continue to work on a beta version of Strike, which you can join the testing here. The product is so far available only in the USA and will be opened globally when there is confidence in its stability.

Recall that in December, Blockstream’s strategic development director, Samson Mowe, announced that the testing of the branched payment technology for the Lightning Network was completed, which means that the network will soon be able to process larger amounts of payments.

A new product from Zap Wallet will allow you to pay for Lightning invoices without opening channels and wallets



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