Moon: the First Lightning Checkout Solution for Major eCommerce
In the fast-paced world of cryptocurrency, where innovation moves at light speed, Pay with Moon was an early and consistent beacon of futurism in its adoption of Lightning Network, the leading Layer 2 protocol built on Bitcoin (BTC).
In early 2019, months after its founding, Pay with Moon caught the attention of the tech world with its first product feature on TechCrunch: a browser extension that allowed users to shop at e-commerce sites using Bitcoin's Lightning Network.
This was a significant leap forward because, at the time, the mainstream adoption of cryptocurrencies for everyday purchases was still largely theoretical. The Lightning Network, designed to facilitate faster and cheaper Bitcoin transactions, was a nascent technology, and Pay with Moon was one of the first to bring it into practical use. Their extension enabled consumers to pay for purchases at sites like Amazon, not by directly using Bitcoin, but by instantly converting it into credit on Amazon's store.
The impact of this innovation was immediate. By facilitating transactions on one of the world's largest e-commerce platforms, Pay with Moon not only demonstrated the potential of the Lightning Network but also educated the public on its benefits. This was a pivotal moment for Lightning Network adoption. Users could experience near-instantaneous transactions with significantly lower fees than traditional Bitcoin transactions on the main blockchain, which was a revelation for both enthusiasts and skeptics of cryptocurrency.