BreezBreez is realizing the future of bitcoin by opening the world of peer-to-peer payments to people and apps. Breez is a full-service, non-custodial Lightning client. Funding Round: $4.5 Million Docs: https://doc.breez.technology/ IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is Breez
Breez is a full-service, non-custodial Lightning client. Let’s break that down:
- Lightning is a bitcoin payment network that reduces transaction times from minutes to milliseconds and transaction fees from several dollars to a few cents or less. Lightning turns bitcoin from digital gold into digital currency while preserving all of the benefits that make bitcoin great.
- Non-custodial means that Breez doesn’t take possession of users’ money. Many Lightning clients do take possession of their users’ money. They’re basically bitcoin banks. With a non-custodial app like Breez, all users are their own banks. Breez uses a forked version of lnd and Neutrino. The Breez app actually runs a full Lightning node under the hood. Advanced users can interact with the underlying Lightning node by invoking lncli commands in the Preferences> Developers screen.
- Full-service means that Breez takes care of almost all the technical operations automatically and in the background. Things like channel creation, inbound liquidity, and routing stay under the hood.
Breez includes a Point-of-Sale mode, which transforms the app from a Lightning wallet into a Lightning cash register with the slide of a finger, allowing everyone to become a merchant and accept Lightning payments. It also includes a next-generation podcast player, allowing users to stream sats to their favorite content creators.
DetailsRaised: 4,500,000 USDLegalRegistration year: 2018 |