Bitcoin Practical Blockchain VerifiedX Launches "Cryptocurrency Version of Venmo" Payment App Butterfly

Mars Finance reports that VerifiedX is a Layer-1 blockchain and Bitcoin sidechain. The project released Butterfly on Wednesday, a payment application designed to be as easy to use as utilities like Venmo or Cash App, while also simplifying the complexity of many popular crypto wallets and payment methods, without incurring the relatively high fees charged by some exchanges.

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