The Lightning Network: Win Free Bitcoin by Playing CS:GO

Playing CS:GO and being paid for it used to be nothing but a distant dream for anyone other than the top-performing eSports competitors. But now, the future is here as Infuse welcomes the players to fight for their slice of the Bitcoin pie. So, what’s the deal with Lightning Network and how does it facilitate the process of paying out the prizes?

Keep on reading to find out!

CS:GO embraces Bitcoin

As outlined by this esports blog, crypto and blockchain tech are making their debut in CS:GO, and it’s the first time ever that Counter Strike teams are given the chance to win prizes paid out in Bitcoin. Since the games are taking place on a free-for-all server, you are welcome to try your luck in a 30-round showdown, competing in a team consisting of either 3 or 5 players. The only thing that’s needed is to install the Infuse plugin and you’ll be ready to go!

Infuse plugin in a nutshell

Infuse takes advantage of Bitcoin Lightning Network to facilitate transactions between players, making them efficient and without extra fees. After installing it, you’ll be asked to pay a small fee to join an Infuse server. The good news is that it will only cost you a couple of satoshis. If your team wins the match, the prize is yours! In the future, Infuse will also support other titles apart from CS:GO.

Introducing the Lightning Network

The Lightning Network is a second layer that sits on top of the Bitcoin blockchain. Do note that its architecture allows it to be placed on top of any other blockchain as well. In essence, it acts as a payment protocol. By utilizing it, players can enjoy fast and efficient monetary transactions – in this case, the payments are made in Bitcoin.

 

The Bitcoin Lightning network was designed to facilitate transactions between the parties involved and minimize fees.

The technical aspects of the Lightning Network

While it may not represent anything special to the untrained eye, numerous developers believe the Lightning network is the solution we’ve been waiting for, as it’s designed to address the issue of scaling that plagues Bitcoin in the context of ordinary use. But when both interested parties do business through the Lightning network, as long as the channel stays open, they can make an unlimited number of transactions. It’s only after the channel closes that the outcome of the transaction is communicated through the nodes and written on the Bitcoin network. The most apparent benefit of this is reducing the transaction fees to the absolute minimum.

Bitcoin Lightning Network developer toolkit is live

To encourage wider implementation, Zebedee has released a developer toolkit that allows them to support Bitcoin Lightning Network payments. For anyone interested in supporting monetary prizes in-game, this effectively allows them to do so. For instance, there’s the option of rewarding players for spending their time in game by allowing them to trade their hard-earned points for real monetary prizes and rewards.

Conclusion

The Lightning Network facilitates exchanging in-game points for rewards the players can cash out in real life. The CS:GO community was the first to embrace it, but others are bound to follow in due time.