The increasing amount of interest in digital assets brings with it the need for a safe place to keep them and use them to make payments. Smart wallets can provide the perfect solution. The average everyday user does not want to know the technical aspect, nor do they care what happens behind the scenes. They just want it to work. It must be user-friendly, smooth, and seamless.
Money Button, part of Fabriik, is an exceptional wallet for users that want an easy way of receiving, storing or making payments with BSV on blockchain. It’s a fully non-custodial Bitcoin wallet, meaning the company does not see any of the user’s money or access information within the account. Users can send and receive low-fee micropayments simply with the swipe of a button.
Peer-to-Peer Electronic Cash
BSV, the real and only true Bitcoin, was created as a peer-to-peer payment system with unlimited scalability. Today, most Bitcoin wallets do not use peer-to-peer for payment processing. Most wallets send the transaction to miners first and wait for the transaction to show up on the blockchain. Money Button has partnered with Handcash to implement a true peer-to-peer transaction protocol. All transactions between both companies are now sent peer-to-peer using paymail as the naming and query system. Simple. Fast. Inexpensive.
Tokenization
For the more tech-savvy users, the newest addition of tokenization protocol support for developers and end-users has launched. Developers can use the Money Button API to create, send and receive digital tokens. Currently, end-users can send and receive tokens inside any Money Button application or inside the main wallet at moneybutton.com. A simple token protocol was created for the initial token support called Fabriik Simple Protocol for Tokens (SFP).
Invisible Money Button
Because the manual swipe function of the button is not appropriate for all apps, this new feature was introduced. It can be used for any web-based app where payments need to be made automatically. This might include uploading large files, or for social apps, where any number of micropayments are made quickly. Money Button has created a fully functional API that allows apps to swipe the button on the user’s behalf after the user has approved them to do so.
Money Button has created a very advanced and innovative wallet in the Bitcoin (BSV) ecosystem. It’s also the most user-friendly, making it easy enough for a 9-year-old to use it. “Our technical mission is to support every feature of Bitcoin SV in a manner that is easy to use for both developers and end-users.” Mission accomplished.
