Gaming Platform Lets Users Store BTC Via Lightning Network

Gaming Platform Lets Users Store BTC Via Lightning Network

An online gaming platform Donnerlab lets players collect Bitcoin (BTC) and pick-up ‘Satoshi cubes’ via Lightning Network. The Lightning Network is a payment protocol that uses micropayment channels between two so-called nodes — in this case, gamers.

On November 19, Donnerlab announced the launch of its newest project – Bitcoin Bounty Hunt. It is a fully lightning-native multiplayer first-person shooter (FPS) game.

Twenty-five-year-old Konstantin Nick founded Donnerlabs after the 2018 Lightning Hackday in Munich, Germany. His main ambition was to introduce Bitcoin, the world’s largest cryptocurrency, to more people.

The first-person shooter game features an integrated neutrino wallet, where gamers can collect coins in a noncustodial fashion. The platform also has an ad space for Hodl-auctions. Moreover, players can kill off other players to collect bounties. The unique thing about Donnerlab games is that it is not necessary to own Bitcoin to win Satoshi in the game.

More Games with Built-in Lightning Network

Bitcoin and blurred computer background.Bitcoin-enabled games startup Satoshis Games announced the development of a Fortnite-like game in October. It will reportedly have built-in Lightning Network microtransactions, named Lightnite. Interactions between players on this gaming platform trigger a monetary reward or penalty for the user. According to Satoshis Games, players earn Bitcoin when they shoot other players. Conversely, they lose Bitcoin when other gamers shoot them.

The game reportedly updates in real-time when a player gets damaged, damages another player, or picks up an item with Bitcoin value. The game also allows gamers to directly withdraw their balance via Lightning Network when they would like to do so.

In November, Tim Draper, the pro-cryptocurrency venture capitalist, said that innovations such as the Lightning Network would be the key pushing the BTC price higher. According to Draper, Bitcoin could reach $250,000 by 2022 or 2023. He believes the reason for this is in Lightning Network, OpenNode and others that allow us to spend BTC very quickly and freely. Draper thinks that it is not just a store of value, but it is useable for micropayments, retail, etc.