They say the way to a man’s heart is through his stomach, and this may prove to be true in the case of ln.pizza for Bitcoin adoption.
Domino’s pizza, the world famous franchise known for its cheesy pizza, and tasty toppings have started to accept Bitcoin through the Lightning Network. The website ln.pizza has integrated the instantaneous crypto payment solution for Americans to pay for their favorite pizza from Dominos in a matter of seconds. It is based on a pre-existing application called Fold.
Lightning Network took to Twitter to announce the exciting details-
You can now buy Domino’s Pizza via the Lightning Network for *5% off* from anywhere in the US with <$0.01 fees, instant transactions and ~30 min delivery. Get it while it’s hot at https://t.co/3tn7O9eexo ??? pic.twitter.com/zvco9xU7mC
— Lightning Pizza (@ln_pizza) February 13, 2019
Lightning Network Growing Stronger
The Lightning Network (LN) is noted to be the solution to Bitcoin’s scaling issues, and so the off-chain solution will ideally help people to make use of their Bitcoins.
Lightning Network is growing significantly with 6,365 nodes at the time of writing with 27,855 opened channels. Thus the network capacity is seen to be steady with 699.82 BTC which is currently equivalent to $2,618,577.84.
Domino’s Goes The Crypto Way
Domino’s Pizza has 13,811 stores around the world, and it will be interesting to see if they expand on accepting Lightning Network’s Bitcoin payments in places other than the USA.
The popular pizza chain joins the crypto bandwagon amongst other major f&b outlets utilizing Fold’s application such as Starbucks and Dunkin Donuts.
The Lightning Pizza (LP) app allows a person to buy Domino’s Pizza by converting Bitcoin to fiat currency. The app allows a user to either get their pizza delivered or pick it up themselves. Lightning Pizza is based on a pre-existing app called Fold that lets you buy other takeaway items with Bitcoin. Fold can be used to pay for an Uber ride, Starbucks, Dunkin Donuts, or Target.
Bitcoin and pizzas go a long way back, with a developer buying two pizzas using 10,000 Bitcoins. The specific date was May 22nd, 2010!
Fast forward nine years later and 10,000 Bitcoins is almost $37,443,200 given that 1 BTC is equal to $3,744.32 at the time of writing.