Check out Flexa. https://flexa.network/
Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
11–20 of 155 posts
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#12I think your best bet will be to go with Flexa. It is already well integrated into many PoS systems and can handle many of the popular cryptocurrencies. Also, customers who have exchange accounts with Gemini will already be able to checkout with the Gemini mobile app without having to download anything. https://flexa.network/integrations
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#13Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#14For best experience, be sure to accept Bitcoin with Lightning Network. I'm not sure about industry standard, but BTCPay Server[0] and OpenNode[1] seem to be the most popular ones. BTCPay Server is open-source and self-hosted. [0] https://btcpayserver.org [1] https://www.opennode.com
Does this work? The only instances of people attempting to use LN I've witnessed ended in failure.
LN dev here. That seems strange, though in the last 6 years we have improved in all fronts.
It's been a while since I've had a payment outright fail, TBH.
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#15For best experience, be sure to accept Bitcoin with Lightning Network. I'm not sure about industry standard, but BTCPay Server[0] and OpenNode[1] seem to be the most popular ones. BTCPay Server is open-source and self-hosted. [0] https://btcpayserver.org [1] https://www.opennode.com
Does this work? The only instances of people attempting to use LN I've witnessed ended in failure.
Yes, it works. Try Breez wallet for example https://breez.technology and spend on https://yalls.org
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#16Earlier quoted context omitted.
Everyone using Bitcoin in El Salvador is using lightning network for the most part.
Through Strike, right?
Yes, most of them. I think the risk by using strike is much less and you do not have to be online to accept payments.
Which is not a good sign for general LN adoption.
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#17If your users expect a reasonable level of UX quality, you're likely better off giving a middleman his ounce of flesh. If not, then spend your valuable time hacking together some combo of scripts and open source code to watch your wallets for incoming payments.
I disagree: BTCPayServer is pretty smooth these days.
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#18I used https://electrum.org/ for accepting btc payments and it worked fine.
The bigger issues I had that I am skeptical any self-hosted options have is protecting your wallets from being poisoned by 'black' bitcoin. Coinbase (and maybe others?) keeps a blacklist of banned wallets (stolen or associated with crime or gambling[0]). If a customer pays you from a black address, you may end up poisoning your entire crypto wallet and get flagged when you try to cash out.
[0] - https://www.reddit.com/r/onlinegambling/comments/kpel7x/so_i...
Re: Ask HN: Practically accepting cryptocurrency for businesses without middlemen?
#19Amazing how their is a currency who's been rising for 10 years that you actually have to 'solve' for how to spend it.