RATE Group | Bitcoin’s Lighting ‘Torch’ Reignites, Blazes Through 38 Countries in 3 Days
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Bitcoin’s Lighting ‘Torch’ Reignites, Blazes Through 38 Countries in 3 Days

22 Jan Bitcoin’s Lighting ‘Torch’ Reignites, Blazes Through 38 Countries in 3 Days

Posted at 18:19h in Bitcoin News by

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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. A key rule is to add a little bit more money to the payment each time it moves to someone new.

The goal is to highlight the speed and global nature of the lightning network, a payment technology that could solve or at least greatly ease some of bitcoin’s most critical problems. 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.

Related: Jack Dorsey’s Square Wins Patent for Fiat-to-Crypto Payments Network

On Sunday, Hodlonaut lit the torch again. Since then, many enthusiasts have been posting…

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