Strike Launches Bitcoin Lightning Payment App in El Salvador; Full EU Support Is Next
Salvadorans can now use Strike to receive remittances from their families abroad without the added hassle of currency conversion. The EU is next.
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NEO is a smart contract platform, similar to Ethereum, that was created by a team of developers in China and was formerly known as Antshares. It was designed to utilize “blockchain technology to digitize assets using smart contracts and common programming language”. The platform was created by Da Hongfei and Erik Zhang. It has the ability to process 10,000 transactions per second. It enables two types of tokens: NEO and GAS. NEO is not a currency or asset, but a proxy for voting rights within the blockchain governance system. GAS is an operational token to be used for transactions and smart contracts.
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Salvadorans can now use Strike to receive remittances from their families abroad without the added hassle of currency conversion. The EU is next.
Visa partner Strike is adding support for multiple fiat currency pairs plus stablecoins as part of its journey to become a “Bitcoin neo-bank.”
Trump's back-and-forth tweets over U.S. stimulus whipsaw bitcoin prices along with traditional markets, and Neo ratchets up competition with Ethereum.
Neo revealed its ambition to beat the second-largest blockchain by market cap during a time when Chinese firms such as TikTok and Huawei successfully established their dominan...
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