Disclaimer: Zion is a portfolio company of UTXO, a fund controlled by BTC Inc. , the parent company of Bitcoin Magazine.
ZionThe 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 integrationZion enables 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 users can communicate with each other without fear of their messages being accessed or monitored.
Offering bitcoin payments via the Lightning Network is in line with Zion’s core mission of freeing social media from the control of big tech companies. By leveraging the decentralized nature of Bitcoin and the capabilities of the Lightning Network, Zion enables users to transact and communicate freely without compromising their privacy or facing the restrictions imposed by traditional social media platforms.
This integration within the Zion ecosystem eliminates the need for platform fees, ensuring that the value users send or receive remains the same. Every satoshi (sats) counts, as 1,000 regurgitation equals 1,000 sat, providing a seamless experience for users engaged in financial transactions.
Introducing Bitcoin payments via the Lightning Network is an important 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 directly supporting content creators.