GoMining has launched GoBTC Pay, a protocol enabling native and instant Bitcoin payments on its base layer. This initiative aims to fulfill Bitcoin's original promise of peer-to-peer electronic cash, allowing free and instant transactions for users while merchants incur a minimal acquiring fee. GoMining's mining pool will prioritize GoBTC Pay transactions, targeting a 12-hour final settlement by the end of 2026.
The protocol is designed as open infrastructure, allowing integration by any wallet provider. GoMining's CEO, Mark Zalan, emphasized the company's commitment to making Bitcoin practical for everyday use, leveraging its extensive user base and mining infrastructure. Merchants benefit from a lower transaction fee of 0.2%, significantly undercutting traditional card processors. GoBTC Pay will also offer a suite of tools for merchants, including a PoS terminal and plugins for popular e-commerce platforms.
GoMining Unveils GoBTC Pay for Instant Bitcoin Transactions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
