ShapeShift Lens: A Game Changer for Cryptocurrency Transactions
Imagine strolling through the digital marketplace and being handed the power to pay with whatever altcoin you’re most comfortable with, even if the merchant only accepts Bitcoin. That’s exactly what ShapeShift Lens offers: a nifty browser tool that automates conversions from altcoins to Bitcoin, so you can keep your crypto swagger intact while shopping online!
How It Works: The Magic Behind Instant Conversions
With just a few clicks, ShapeShift Lens transforms the way you transact. Here’s how:
- Install the Plugin: Head to the Google Chrome Webstore and grab the ShapeShift Lens plugin.
- Browse and Pay: While shopping, click on the ShapeShift icon next to Bitcoin addresses on web pages.
- Instant Conversion: Select your preferred altcoin (like Dogecoin or Litecoin), and voila! Your payment is converted to Bitcoin and sent off faster than you can say “cryptocurrency.”
Altcoins Accepted: The Breadth of Options
ShapeShift Lens isn’t picky; it accepts a variety of altcoins, including:
- Litecoin
- Dogecoin
- Peercoin
- Darkcoin
- Blackcoin
- Feathercoin
- Namecoin
In short, if it’s on ShapeShift.io, it’s fair game!
A Chat with Beorn Gonthier: The Man Behind the Lens
Cointelegraph had a chinwag with ShapeShift’s Founder and CEO, Beorn Gonthier, about the inspiration behind Lens and the crypto climate:
“The goal here is to unify all the coins, so that a Bitcoin address can be paid with any popular altcoin.”
Security First: A Trustworthy Transaction Experience
Let’s not forget about security. ShapeShift is built on the principle of not being a custodian of customer funds. This simply means they aren’t holding your coins hostage—at least not for long. According to Gonthier, “ShapeShift does one thing and one thing only – fast, easy conversions between crypto coins.” Sounds good to us!
What Lies Ahead: Future Developments and More
The Lens is currently available on Google Chrome, but fret not, Firefox enthusiasts! Support for more platforms will be arriving soon. It’s a budding tool that might just revolutionize the way we think about online payments.
With ShapeShift Lens, every Bitcoin merchant becomes an altcoin merchant without even realizing it. As we dive deeper into the crypto ocean, products like Lens remind us of the flexible, magical possibilities that blockchain technology can bring.
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