With the Continental app, and send your bitcoin to your friends by the Lightning Network,

A while back we reported on Whatsat, a censuurbestendig an alternative to WhatsApp messenger. The developers at Continental have built a working app built in. With the history of the Sphinx, you can have end-to-end encrypted in the appen-and the video. But the most important thing you can have on each other satoshis to send, via the lightning network. Satoshis, or sats, are the smallest part of a bitcoin. One-sat is a one-hundred-millionth of a bitcoin.

The App is still in beta release, but it will be available

The Sphinx continues to work on the idea of Whatsat Joost Jager. The history of the Sphinx is still in “beta” mode, as well as the free trial version is available for download on Android and iOS. In this video you will see that a variety of features such as appen, and the despatch of sats already. Finally, the app looks good and seems to be very user friendly at first glance.
Digital payments, using the chat applications are becoming more and more popular. Consider, for example, WeChat Pay, the payment service on WeChat. According to the latest data, with more than 900 million people are regularly WeChat Pay. In particular, in China, it is the payment processor, a popular, but also in other countries is growing WeChat, Pay hard. Apps such as Continental to provide the same service, but then with a bitcoin by the lightning network.

What is the Lightning Network?

The Lightning Network is a solution to the schaalprobleem of bitcoin. At the current bitcoin blockchain, can be only seven transactions per second can be processed. The Lightning Network, can be seen as a kind of second layer for the bitcoin blockchain to go. There are no blokbevestigingen is required for the lightning transaction, and, therefore, in this type of transactions are conducted rapidly and with minimal costs.
The Lightning Network has the bitcoin world can be used as a method of payment. But so far, the network has to be something to grow from. At this point in the network, i.e., a capacity of 6.7 million dollars in bitcoin. That’s not the total of a 130-billion-dollar market that bitcoin has.
More information? You can use the free trial version of Sphinx, you can download it here.

Cryptocurrency Market