Square Crypto (Part of Square, Inc.) has donated $100,000 to BTCPAY Foundation, the company behind the open-source BTCPay Server.
Square Crypto was founded by Jack Dorsey to give back to the open-source bitcoin community.
The donation can be used by the foundation to create anything, as long as it’s free and open-source, this can be improving scalability, security, privacy, or anything that helps bitcoin become even stronger.
The donation cannot be used to develop altcoin related features, or integrate third-party services into their software.
BTCPay is an open-source, self-hosted cryptocurrency payment processor that helps individuals or companies accept bitcoin easier.
Using them as a payment processor has huge benefits, such as not having to rely on third-parties, as well as not having to pay any fees.
You can also accept payments via the Lightning Network, plus you don’t need to share your private keys either.
Jack Dorsey image via JD Lasica. Licensed under CC BY 2.0.