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Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale

 Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale

 

Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer detailed several pain points with onchain payments including long confirmation times, lack of payment amount enforcement, high fees, and insufficient Lightning […] 

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