A popular service for online booking of tickets CheapAir announced that after several months of searching for a suitable processing cryptocurrency payments opted for BTCPayServer, solution open source, avoiding third-party involvement as mediator.
We will remind, in April CheapAir terminated from 2013, the cooperation with Coinbase and as expected, in the future use the services of a leading bitcoin processing company BitPay.
However, after it became known about the plans of the American company, many members of the bitcoin community turned her attention to the fact that earlier BitPay without any warning and discussions with the developers of bitcoin dropping support for the standard scheme display to end users requests for payment described in BIP21. This step BitPay at the time forced the developers of the popular purse Samourai Wallet to make a call to the community to refuse the services of processing.
Scheme BIP21 adopted by all wallets and service providers since 2012, and will ensure that regardless of the software used QR codes and requests for payment are generated and interpreted in a standard way one. This ensures maximum compatibility and interoperability of software and services in a decentralized network, open source.
BitPay has adopted a dubious and do not have broad support BIP70 scheme that was originally proposed in 2013 to Address Gavin and Mike Hearn, the developers, have received the sad glory thanks to the creation of so-called “black lists” of bitcoins.
In particular, BIP70 introduced a requirement for developers to support legacy dependencies public key infrastructure, which have a long history of discovered vulnerabilities (openssl, heartbleed, etc.). In addition, the wide implementation of BIP70 increases the risk of monitoring and tracking onchain transactions under the requirements of AML/KYC and create more effective black lists.
Now the team CheapAir has officially confirmed that refuses the services of BitPay and instead will cooperate with BTCPayServer.
Dear #Bitcoin, Travelers, you’ve spoken and we’ve listened. Our search for a new Bitcoin payment processor … https://t.co/eNaPFBIrXb #Cryptocurrency #BTC
— CheapAir ✈ (@CheapAir) 13 July 2018
“Despite the fact that it took us a short period of training, and engineers had to make some effort to create a stream, converting cryptocurrency to Fiat for airlines and hotels, we are very pleased with the end result. BTCPayServer not only allowed us to avoid controversial requirements regarding BitPay scheme BIP70, but, remembering the situation with Coinbase, to feel the real freedom and no dependence on a third party. Now we control the whole process, which allows us to implement faster and more efficient processing”, — said in a statement CheapAir.
CEO Jeff Kli also noted that CheapAir is not the only one who suffered from Coinbase and was forced to find new challenging solutions. However, the company considers very important to offer users the option to pay in bitcoin, and in this regard also announced the creation of a special support, which will work exclusively with bitcoin users.
Among the main advantages BTCPayServer – the ability to accept bitcoin and other cryptocurrencies, without revealing their private keys, and convert to Fiat as needed. Note that the team solution is Nicholas Dorier, the author of the implementation of the service mix bitcoins TumbleBit in C#. Dubbed NTumbleBit, she at one time was used as the basis for decisions TumbleBit.