Sirwin
Sirwin

Wallet of Satoshi just introduced a Point of Sale Feature

By ⚡ Daniela ⚡ | Me and Bitcoin | 10 May 2023


 

Wallet of Satoshi, a renowned Bitcoin Lightning wallet, has recently introduced an exciting new feature—a point-of-sale (POS) system. This development aims to further enhance the functionality of the wallet, allowing users to conveniently accept Bitcoin Lightning payments in real-world scenarios, such as in retail or service-oriented businesses. With the addition of the POS feature, Wallet of Satoshi continues to provide innovative solutions to facilitate seamless Bitcoin transactions.

 

What is Wallet of Satoshi?

If you already know, skip this part, please.

The Wallet of Satoshi stands out as a user-friendly mobile app available for both Android and iOS platforms. It offers simplicity and convenience, making it easily accessible to users. It's possibly the easiest Bitcoin LN wallet out there. BUT, it's also a custodial wallet, the company holds the private keys on behalf of its users. Yes, Not your keys, not your bitcoin applies. If you're planning to use LN for more than just a tipping a few sats on Nostr, or the occasional $1 worth of bitcoin spent, a non-custodial LN wallet is a better idea.

The app eliminates the need for creating a separate account as it functions as an account itself, storing relevant data. In case of a lost phone, users can sign up from within the app to synchronize their data with their email account, ensuring data retrieval.

Easy to use, easy to recover BUT not your keys, you know it, not your cheese.

The newest feature revealed

There it is. a functional POS on Bitcoin Lighting Network that's free to download and use, easy to set and supports even bolt cards.

 

Note: thumbnail image credit goes to https://twitter.com/the_surfer_kids/status/1651651717459525632


This is my third news report (fourth article) on this platform! I kindly invite you to share your thoughts in the comments section regarding what you enjoyed or found lacking in this piece. As a novice writer, I highly value any constructive criticism that can help me improve my skills and deliver better content in the future. Your feedback is greatly appreciated. Thank you all.

 

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⚡ Daniela ⚡
⚡ Daniela ⚡

As a passionate writer with a keen interest in exploring innovative technologies, I discovered the captivating world of Bitcoin. Here to write my thoughts.


Me and Bitcoin
Me and Bitcoin

This blog focuses exclusively on Bitcoin, covering various aspects related to the cryptocurrency. It explores Bitcoin's history, its economic principles, and its potential implications in the financial world. The blog also delves into the potential impact of Bitcoin adoption on economics, politics, and society as a whole.

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