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.
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Jack Dorsey image via JD Lasica. Licensed under CC BY 2.0.