Bitcoin's lightning torch is back, and it's zipped through at least 38 countries already.
The torch is a digital game first ignited in January 2019 by pseudonymous bitcoin enthusiast Hodlonaut, known for his Twitter avatar of a cat in a spacesuit.
Each "Torchbearer" sends a tiny amount of bitcoin to the next.
Started on a whim for fun, the torch became a global event, even carried by Twitter CEO Jack Dorsey, showing how frictionless and indifferent to borders the form of payment is compared to legacy methods like Visa and Paypal.
Many enthusiasts have been posting lightning "Invoices" on Twitter to which the torchbearer can send the next lightning payment.
The torch made some exciting stops on that tour.
Despite worries about breaking U.S. sanctions, the torch made it to Iran last March.
A group of Venezuelans received the torch with no electricity.
The first torch fizzled out when it reached a hard-coded limit on how much lightning can be sent in a single payment.
Hodlonaut is eager to see how long the new torch lasts.
Bitcoin's Lighting 'Torch' Reignites, Blazes Through 38 Countries in 3 Days
gepubliceerd op Jan 22, 2020
by Coindesk | gepubliceerd op Coinage
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