Start-up will specifically focus on Bitcoin micropayments and tipping
The accelerator will welcome up to 12 teams to New York each year in order to work on apps that utilize the Taro protocol and Bitcoin's Lightning network. Wolf is looking for both early-stage companies and fledgling start-ups.NYDIGStone Ridge's accelerator will specifically focus on apps that offer tipping and micropayments. These are the two areas that could potentially propel Bitcoin's mainstream adoption.
The Lightning Network is a widely used scaling solution for Bitcoin that functions as a Layer 2 payment system. It enables users to instantly transfer crypto with very low fees by opening separate payment channels. Stone Ridge's decision to start a crypto-focused accelerator comes after the asset manager said that it was
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