Jack Mallers nailed it a year ago with Bitcoin and Crypto

Jack Mallers is an American entrepreneur and software developer known for his work in the cryptocurrency industry, particularly in the field of Bitcoin. He gained recognition for creating the software application called Zap, which is a Bitcoin wallet and Lightning Network interface.

Mallers was born on October 9, 1993, in Chicago, Illinois, United States. He comes from a family with a background in finance and trading, and he developed an interest in Bitcoin and cryptocurrencies at a young age. Mallers attended the University of Illinois at Urbana-Champaign, where he studied finance and economics.

In 2017, Mallers launched Zap, a user-friendly Bitcoin wallet that also integrates with the Lightning Network. The Lightning Network is a layer-2 protocol built on top of the Bitcoin blockchain that enables faster and cheaper transactions. Zap became popular for its intuitive design and ability to make micropayments using Bitcoin.

Mallers has been an advocate for the Lightning Network and has worked towards its adoption and usability. He has given talks and presentations at various conferences and events to promote the technology and its benefits. Mallers has also been involved in developing tools and services to support Bitcoin and the Lightning Network ecosystem.

In recent years, Mallers gained significant attention for his involvement in the El Salvador Bitcoin adoption project. In 2021, he partnered with the government of El Salvador to launch Strike, a payment app that allows users to send and receive Bitcoin instantly and at a low cost. This initiative aimed to promote financial inclusion and provide an alternative to traditional banking services in the country.

Jack Mallers is regarded as a prominent figure in the Bitcoin community, particularly for his contributions to the Lightning Network and his efforts to drive cryptocurrency adoption.