Every now and then, Bitcoin is all over the news. Usually, the intensity of media exposure is directly correlated with very good or very bad news for investors. Actually, all this doesn’t really matter, as important work happens all the time in the Bitcoin world, with thousands of developpers dedicating their time to build around the number one crypto-currency.
In the past couple of years, the most important developpement has been the Lightning Network, a second layer built upon the Bitcoin network in order to make transactions almost instantaneous, thus solving an important issue for mass adoption of Bitcoin.
Bitcoin Lightning Publisher is a WordPress plugin that offers the possibility to integrate three core features: Paywall, Donation, and Value 4 Value, all using the Lightning Network for the transactions. It’s a great set of features if you want to monetize any digital content with instant microtransactions that go straight into your preferred Bitcoin wallet, no intermediary necessary.
Using the Paywall
The most interesting feature is probably the paywall, which allows you to monetize content on a pay-per-post, pay-per-view, or pay-per-download basis. It is very easy to setup and highly customizable. Some of the best features of the paywall are the following:
Using donations or Value 4 Value
Although there are less features than for the paywall, enabling donations or Value 4 Value with the Lightning Publisher plugin is very straightforward and comes with all the necessary features:
podcast:value tag in your RSS feed to receive payments for your podcast
Nowadays, Value 4 Value is not very widespread, it is a great concept for monetizing content for creators, so we think you should give it a try.
Connecting to a Lightning node
To accept payments with the Lightning Network, you must be connected to a Lightning node. If you are not technical, you should opt for Alby, a service that seems to be connected to the creators of the plugin. Otherwise, you can connect your own Lightning node, LNBits, LNDHub, BTCPay Server, or a Lightning Address. This is probably the most intimidating part of the installation, but it’s manageable for most.
As you could guess, we have added this plugin on the WP Expert blog to accept donations. We will probably also integrate the paywall feature in the future. Do not hesitate to give a try to the donations below!