《JoyID + Lightning Network: Imagine a Future Where You Can Pay for Your Coffee with Bitcoin by Scanning Your Face》

Remember the story of the guy who bought a pizza with 10,000 BTC back in 2010? That transaction is now worth hundreds of millions of dollars. But even today, buying a cup of coffee with Bitcoin is still a bit of a hassle. JoyID, the first Passkey wallet to support the Lightning Network, is redefining this payment paradigm with innovative technology.

A. Pain Points of Traditional Bitcoin Payments

Bitcoin faces some serious challenges in real-world applications:

- Limited Scalability: Only 7 transactions per second, making it difficult to support large-scale payment scenarios

- Confirmation Delays: Confirmation times of 10 minutes, which can be a pain

- Costly Fees: Transaction fees can reach tens of dollars during peak times

- Private Key Management: 58-character long wallet addresses, where one wrong character can lead to disaster

B. Passkey: An Innovative Application of the WebAuthn Standard

If traditional wallets are like safes that require you to remember complex passwords, JoyID is like a smart safe that you can unlock with your fingerprint:

- Biometric authentication based on a Trusted Execution Environment (TEE)

- Private keys always remain on your device

- Built-in anti-phishing mechanisms

C. The Lightning Network: Bitcoin's "Fast Lane"

Built on the CKB mainnet which went live in November 2019, the Lightning Network is a groundbreaking innovation:

- Instant Confirmation: Transaction confirmations in milliseconds

- Ultra-Low Fees: Average fees as low as $0.01

- Off-Chain Scaling: Theoretically supports infinite TPS

D. A Perfect Convergence of Technological Innovations

After the first halving in November 2023, the CKB ecosystem has entered a new phase of development:

1. Fiber Network

- Mainnet launch is imminent

- Seamless compatibility with the Lightning Network

- Supports cross-chain asset transfers

2. UTXO Stack

- Intelligently manages payment channels

- Automatically balances liquidity pools

3. RGB++ Protocol

- Enables stablecoin payments

- Extends smart contract functionality

- Enhances privacy

E. Real-World Advantages

The technological innovations of JoyID and the Lightning Network have made it possible to:

- Create wallets quickly with biometric authentication, no need to memorize seed phrases

- Confirm transactions in milliseconds

- Pay extremely low off-chain transaction fees

- Make cross-chain payments

F. Conclusion

The innovative combination of JoyID and the Lightning Network has finally transformed Bitcoin payments from a "gadget for tech geeks" into "digital cash for everyone". And the technological innovations of $CKB are making this vision a reality. #CKB助力比特币生态 @币安广场 @CKBEcoFund