German Hacker Develops an E-Bike Accepting Bitcoin’s Lightning Network Payments
A German Hacker Develops An E-Bike Accepting Payments With Bitcoin’s Lightning Network
Matthias Steinig, a German hacker, has developed a lightning-powered e-bike that accepts crypto payments. The bike is a standard 28-inch model, equipped with an electronic conversion kit. It also features a battery, which powers the Raspberry Pi controller and an e-link display that functions to keep power consumption to its lowest.
According to the creator the USB/modem network card is the biggest drainer of power, but very necessary for connection to the Lightning Network.
— Matthias Steinig ⚡ (@leblitzdick) October 10, 2018
To use the bike, one has to make crypto payments. A potential user starts by selecting from three different lengths of time, right from the e-Ink display and then generates a payment request. A QR code is generated on the display, and the user is given 60 seconds to scan it and make payments using their Lightning mobile App. Once this time elapses, the bike will check for payment confirmation on the server, and then allow the controller to power up the e-bike motor for the specified allocated time.
Here’s a video of the entire process:
Great Use Case For Lightning Network
This e-bike is a perfect use case for Lightning Network. Whilst it requires crypto payments to power and move automatically, the Raspberry Pi controller only limits a user’s access to the electronic functionality. If the time period elapses, or if one doesn’t want to pay, they can still ride off using the pedal power.
This is a great technology that can be implemented, especially with the rise of bikes and electric scooters around major cities. The fact that the e-bike accepts crypto to power its electric mode, it can attract an entirely new market, including cryptocurrency enthusiasts.