The payments inversion — building a Lightning revenue-share loop where the app pays the user
The article discusses a new payment model using the Lightning network that allows apps to pay users for their attention. This model, exemplified by the app Sats Channel, enables users to earn Bitcoin while watching content. It highlights the economic advantages of using Lightning for microtransactions compared to traditional payment systems like Stripe and PayPal.
- ▪Sats Channel pays users in Bitcoin for watching movies and television shows.
- ▪The app connects to a Lightning wallet, allowing users to earn small amounts of Bitcoin as they watch.
- ▪Traditional payment systems struggle with sub-dollar payouts due to fees and minimum withdrawal thresholds.
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try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3895137) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } ItsEvilDuck Posted on Apr 28 • Edited on May 6 The payments inversion — building a Lightning revenue-share loop where the app pays the user #webdev #showdev #bitcoin #lightning Building QuackBuilds (6 Part Series) 1 I'm building a post-SaaS app catalog on Base, and here's what that actually means 2 What serverless can't do — running long-lived services for $0 with Oracle Cloud and Coolify ... 2 more parts...
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Excerpt limited to ~120 words for fair-use compliance. The full article is at DEV Community.
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