GoMining to Launch Bitcoin Payment Protocol at Consensus Conference

Bitcoin mining company GoMining plans to unveil its Bitcoin-native payment protocol, GoBTC, at the Consensus conference, according to ChainCatcher. The protocol aims to offer users instant authorization and settlement on the Bitcoin mainnet within hours. Merchants will be charged a 0.2% fee, significantly lower than the 1.5% to 3.5% fees typically charged by Visa and Mastercard.