Categories: Bitcoin Latest News

Zion Social Network Embraces Bitcoin Payments Via Lightning Network For Instant Transactions Through Secure Messaging

Disclaimer: Zion is a portfolio company of UTXO, a fund controlled by BTC Inc., the parent company of Bitcoin Magazine.

Zion, the Web5-based social network, has unveiled an update that enables users to make bitcoin payments using the Lightning Network within their private, encrypted direct messages (DMs). With this integration, Zion empowers its users to send and receive bitcoin instantly, while ensuring privacy and freedom from censorship.

By leveraging the Lightning Network, transactions are near-instantaneous and bypass the need for traditional payment processors. Zion ensures that conversations within DMs remain secure and confidential by incorporating encryption, so that users can communicate with one another without fear of their messages being accessed or monitored.

RPReplay_Final1686064173 (; 0:12)

The introduction of bitcoin payments via the Lightning Network aligns with Zion’s core mission of liberating social media from the control of large tech companies. By leveraging bitcoin’s decentralized nature and the Lightning Network’s capabilities, Zion enables users to transact and communicate freely without compromising their privacy or facing restrictions imposed by traditional social media platforms.

This integration within Zion’s ecosystem eliminates the need for platform fees, ensuring that the value users send or receive remains intact. Every satoshi (sats) matters, with 1,000 sats being equal to 1,000 sats, providing a seamless experience for users engaging in financial transactions.

The introduction of Bitcoin payments via the Lightning Network represents a significant step for Zion in its quest to redefine the social media landscape. By embracing Lightning, Zion can provide a platform where users can freely express themselves while supporting content creators directly.

Read More[#item_full_content]Bitcoin Magazine – Bitcoin News, Articles and Expert Insights

Recent Posts

Bitcoin’s Tuesday Bloodbath Was the Bottom, Analyst Says

The crypto market experienced a severe downturn on Tuesday, and according to many on-chain metrics…

40 minutes ago

ARK Invest Swaps Nearly $9M of Its Own Bitcoin ETF for Coinbase

Cathie Wood's investment management company ARK Invest snapped up $8.7 million of Coinbase (COIN) shares…

2 hours ago

Bitcoin Headed For $72,000? These Metrics Could Hint So

Bitcoin has seen a crash to the $87,000 level in the past day, but if…

2 hours ago

Hackers Are Using Fake GitHub Code to Steal Your Bitcoin: Kaspersky

The GitHub code you use to build a trendy application or patch existing bugs might…

5 hours ago

Bitcoin’s Ongoing Dip: Here’s What Analysts Are Saying

Bitcoin’s price has continued its decline, dropping below several key levels in recent days. As…

5 hours ago

XRP, BNB Edge Higher as Bitcoin Bulls Eye $90K After Tuesday Bloodbath

Bitcoin (BTC) neared $89,000 in Asian morning hours after a 24-hour low of $86,200, slightly…

6 hours ago