On May 22, 2010, for the first time in the world, the man Laszlo Hanyecz, who was paying Bitcoin for a physical item, purchased two pizzas for 10,000 BTC. This time he bought two more pizzas through the lightning network.
Laszlo Hanyecz shares the lightning-giant e-mail list today, according to the letter ”Pizza/Bitcoin Atom swap software” for the moment because a friend of mine in London with the help of a pizzas to pay with lightning network was forced to deal with one of the pizzas.
However, according to Hanyecz, the process still shows the basic premise of how this technology works for daily life operations. Pizzas can also accept direct payment with their lightning network nodes.
The original BTC pizza process took place on May 22, 2010 and has since been celebrated as Bitcoin Pizza day. In fact, there is even a Twitter feed that publishes daily how much the 10,000 BTC paid for two pizzas corresponds to today's market value – amounting to $ 97,560,750 for February 25.
This time Hanyecz paid about 62 dollars for two large pizzas in the amount of 649,000 satoshi (0.00649 BTC). Hanyecz thought the best way to prove that he paid for the pizza was to show the first and the last four characters of the lightning payment hash code to the courier, and if the courier matched the one he had.
According to hanyecz, pizza is a reward for a successful payment of lightning. If the payment could not be made, ”pizza can not be transferred to the customer and must be destroyed”. The experiment was successful, he took the Hanyecz pizza.
Hanyecz also added photos to the post he shared. One of his children wore T-shirts with ”I love pizza” and the other one with ”I love Bitcoin” and the fact that the preimage code was written in the book in front of the pizza boxes.
This is not a first for the Lightning network, which is considered a payment protocol for the second layer of hanyecz's experiment. The first physical item exchange made using the lightning network was realized on January 20 this year by Reddit's /U/btc_throway1337. The user had announced that he had purchased a VPN router through a payment channel provided by Torguard.
Hanyecz ends the shipment with these words:
”Is there any reason to use it instead of making a payment in the block chain? From what I've told you here, probably not. The goal was to do more than just tamper with C-lighting, and make a couple of satoshi cash. Maybe in the future, pizzas will have their own Lightning nodes and I can open a channel directly to them.”
@cleverbot
@banjo
@minnowsupport
Do you think I'll pass my test?
Hay, It's a good way to use of mobile app
by www.gteches.comhttps://gtech-blog.blogspot.in/2018/01/10-reason-why-every-business-needs.html
Your Post Has Been Featured on @Resteemable!
Feature any Steemit post using resteemit.com!
How It Works:
1. Take Any Steemit URL
2. Erase
https://3. Type
reGet Featured Instantly � Featured Posts are voted every 2.4hrs
Join the Curation Team Here | Vote Resteemable for Witness