Making cryptocurrency and blockchain payments more viable remains an ongoing battle. Bitcoin’s Lightning Network offers some relief, yet opinions on this technology remain somewhat divided. StarkPay is a new solution which aims to provide scalable and non-custodial blockchain payments to everyone. The bigger question is if all of this is even viable when looking at the bigger picture. There are a lot of boxes which need to be checked correctly.
StarkWave’s StarkPay Goes Live
Although most cryptocurrency users might not be aware of StarkWare, the company is exploring a crucial business model. Their vision is to introduce scalable, inexpensive, and trustless payments. Doing so over the Ethereum blockchain will pose its own set of challenges accordingly. Ethereum isn’t exactly known for its scalability, cheap transactions, although it is not necessarily a bad choice either.
With StarkPay, the company is now introducing a valuable service to merchants. They can accept blockchain-based payments in exchange for goods and…