Strike's Use of Bitcoin's Lightning Network and Strategic Partnerships Drive Adoption

Strike depends on the Lightning Network, a second-layer solution built on Bitcoin that enables nearly instant transactions with minimal fees. It does not have its own blockchain or consensus protocol, as it leverages Bitcoin's infrastructure, gaining from its security and decentralization. Additionally, Strike has formed partnerships with Shopify for crypto payments, integrated with payment networks like Visa and Mastercard, and adopted in countries such as El Salvador. The company also collaborates with governments and businesses to provide efficient payment infrastructure.