Bitcoin Swap Service Boltz Launches BTCPay Server Plugin For Lightning Payments

Today, Boltz announced the motorboat of the Boltz BTCPay Plugin, the archetypal diagnostic of its kind, successful unfastened beta. The plugin lets merchants who usage BTCPay Server easy judge bitcoin implicit Lightning earlier having it automatically swapped and stored non-custodially connected the Liquid Network.

The “Nodeless” mode for the Boltz BTCPay Plugin utilizes Liquid Swaps to marque the automatic swap from Lightning to Liquid the instant a Lightning invoice is paid. Using Liquid Swaps, Boltz BTCPay Plugin users tin besides swap bitcoin backmost to the mainchain if they prefer. The plugin comes with an integrated wallet system, which enables users to make oregon import some Liquid and mainchain wallets.

“Merchants tin person oregon judge bitcoin by swapping incoming Lightning payments into their Liquid wallets and, similar this, they don’t person to run a node,” Kilian, CEO of Boltz, told Bitcoin Magazine.

“What they are holding successful the extremity is LBTC — Liquid BTC,” helium added.

“We besides privation to springiness them an enactment to automatically swap backmost to the mainchain if they truthful choose. They tin say, ‘Okay, if my Liquid Bitcoin equilibrium reaches 0.1 bitcoin, 0.5 bitcoin, swap it backmost to the mainchain.’”

Merchants stay successful power of their funds astatine each times portion utilizing the service.

Boltz designed the plugin to assistance alleviate the anxiousness that comes with moving and managing a Lightning node.

“Running and managing a Lightning node is nary casual feat,” said Boltz CTO Michael successful a property release. “Channel absorption is analyzable and inbound liquidity tin beryllium specified an alien concept”.

Kilian echoed Michael’s sentiment, arsenic helium shared that “running your ain Lightning node is neither a realistic nor recommended extremity for galore individuals, and adjacent for professionals similar merchants, arsenic of today.”

Previous solutions for accepting Lightning payments without moving a node were custodial, introduced counterparty hazard oregon were lone disposable successful definite jurisdictions.

Given that this plugin is some marque caller and the archetypal of its kind, the squad astatine Boltz noted that portion the bundle is acceptable to beryllium used, users should bash truthful with caution due to the fact that it could inactive person bugs. However, Kilian shared that the plugin so has handled thousands of transactions and that Strainly, a marketplace for hemp growers, is present wholly moving connected it.

“After 1 period investigating the Boltz plugin successful beforehand of thousands of users, I tin archer this genuinely is simply a game-changer,” said Alan, CEO of Strainly, who antecedently had mixed occurrence utilizing custodial Lightning solutions similar LNBank and different Lightning Service Providers (LSPs) “Processing LN payments consecutive to and from a non-custodial Liquid wallet, positive automatically consolidating the Liquid equilibrium to my non-custodial BTC wallet according to my ain preset threshold: hands down the astir impactful plugin ever released connected BTCPay!”