Agora is a project in development that aims to allow people to sell files on the web in exchange for Bitcoin payments via Lightning Network.
According to the announcement on Bitcointalk, developer Rodarmor of the Agora project describes his experience and shares the pre-MVP of the project that is already usable.
Here’s how Rodarmor describes Agora:
“Agora is a simple web file server that can be configured to charge for downloads with Lightning Network payments. It is open source and self-hosted”.
Agora’s project and Bitcoin Lightning Network
Basically, Agora’s purpose is to initiate downloads of media, PDFs of research documents, standard documents and any file in exchange for Bitcoin payments with LN.
Not only that, but to extend the project’s functionality while waiting for its MVP to be released, the developers are asking the crypto community to try it out so they can evaluate and give feedback.
Also on Twitter, Rodarmor describes it as follows:
1/3 Just released the pre-MVP of a project I've been working on!
Check out the blog post here:https://t.co/9mIetNzUeF
And get the code here:https://t.co/TT1WlfYml2
— Casey Rodarmor (@rodarmor) August 6, 2021
“Just released the pre-MVP of a project I’ve been working on! Check out the blog post here: http://agora.download/files/blog/mvp.html.
Very simply, it lets you sell files on the web in exchange for Lightning Network payments. Currently, it only integrates with LND, so it’s easiest to get up and running if you already have an instance. Eventually we hope to support more Lightning node implementations.
If you’ve been hankering to sell some files in exchange for micropayments, now’s your chance. Ping me if you have any problems, it’s hard to set up, or you need features that it doesn’t have yet, we’re very interested in feedback”.
Agora and payments via Lightning Network
The Agora project would therefore like to include Lightning Network as a payment system for downloading files of all kinds. The application of BTC’s layer 2 has also been assessed for other situations.
At the beginning of August, Twitter CEO Jack Dorsey himself, a notorious lover of bitcoin and its developments, stated on his social network that every Twitter account could also be linked to Bitcoin’s LN.
His statement came during a conversation on the social network in which he was thinking about linking Twitter accounts to wallets capable of storing NFTs. Something that, in a way, would benefit Ethereum’s network rather than the queen of crypto.
On this very occasion, Dorsey is said to have outlined what could happen if he, as CEO, decided to do this.
LN’s growing capacity exceeds $120 million
Bitcoin’s Layer 2 continues to be widely adopted, so much so that it has increased its capacity to $122 million. That’s exactly 2,371 BTC that are locked on the network.
This surge began in 2021 with only 1050 BTC locked on LN and, thanks in part to the ATH All-Time High price in April 2021, it led to a sharp rise in the dollar chart.
Just last month, in fact, the record was $100 million with 2,200 BTC. This past month, LN’s total capacity has thus increased by 150 BTC and $22 million.