amberrrr789
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Strike, a Bitcoin payment business, has announced that it has raised $80 million in a Series B fundraising round. Strike uses the Lightning Network to conduct quick payments. A venture capital firm called Ten31, which focuses on Bitcoin startups, is in charge of this fundraising. The University of Wyoming, Washington University in St. Louis, and existing investors are additional participants.
Founder & CEO of Strike
In an interview with Fortune, Jack Mallers, the founder and CEO of Strike, said that the company would utilize the funding to build and retain relationships with major retailers and merchants in order to challenge the present banking system. Several well-known e-commerce platforms, including Shopify and Blackhawk, have embraced the Lightning Network-enabled software from Strike.
With the use of a scaling tool called the Layer 2 application Lightning Network, merchants may now take payments without having to wait for block confirmations on the Bitcoin blockchain. Two transactional parties can pay and receive money directly in real time with faster transaction speeds and lower fees than through middlemen like Visa. It can be worth a try to add Bitcoin in your investing portfolio to diversify risks as more people and businesses use it due to its outstanding liquidity and diverse applications.
Founder & CEO of Strike
In an interview with Fortune, Jack Mallers, the founder and CEO of Strike, said that the company would utilize the funding to build and retain relationships with major retailers and merchants in order to challenge the present banking system. Several well-known e-commerce platforms, including Shopify and Blackhawk, have embraced the Lightning Network-enabled software from Strike.
With the use of a scaling tool called the Layer 2 application Lightning Network, merchants may now take payments without having to wait for block confirmations on the Bitcoin blockchain. Two transactional parties can pay and receive money directly in real time with faster transaction speeds and lower fees than through middlemen like Visa. It can be worth a try to add Bitcoin in your investing portfolio to diversify risks as more people and businesses use it due to its outstanding liquidity and diverse applications.
