BitPay Documentation
Bitcoin Streaming & Vesting Vaults - The Netflix for Money
Documentation
Introduction
v1.0Welcome to BitPay - Bitcoin Streaming & Vesting Vaults
Project Name & Tagline
BitPay
Bitcoin Streaming & Vesting Vaults, Powered by sBTC
Vision Statement
To become the foundational primitive for programmable cash flows on Bitcoin, enabling a new era of Bitcoin-native payroll, vesting, subscriptions, and continuous finance.
Elevator Pitch
BitPay allows users to lock sBTC in a smart contract to create continuous, non-stop streams of money to any recipient. It brings the powerful concept of money streams (e.g., Sablier) to Bitcoin for the first time, leveraging the revolutionary sBTC primitive to ensure settlements are native, secure, and trust-minimized.
The Core Concept: "Netflix for Money"
You know how on Netflix, you pay a monthly fee and you can watch as many shows as you want until the next month? The shows just "stream" to you.
Now, imagine instead of streaming shows, you could stream money.
What if you could send your friend $100, but instead of it arriving all at once, it drips to them $1 every hour for 100 hours? Or what if a Bitcoin company wanted to pay its employees their salary every single second instead of just once a month?
That's what BitPay does. It's an app that lets you create continuous streams of money.
How It Works: The Simple Version
You Put Money In
You tell the app, "I want to send $100 to my friend Alex over the next 100 hours."
The Machine Locks It Up
The app takes your $100 and locks it in a super-secure digital vault (this is the smart contract).
Money Drips Out
The vault is programmed to let Alex take out exactly $1 for every hour that passes. He can withdraw his $1 anytime he wants. After 50 hours, he can take out $50. After 100 hours, he can take it all.
You're in Control
If you change your mind after 50 hours, you can cancel it. The vault will let Alex keep the $50 he already earned, and it will give you back the remaining $50.
Why This is a Big Deal and Why BitPay Wins
This project isn't just a cool idea; it's perfectly built to unlock the Bitcoin economy. Here's why:
This isn't using a random cryptocurrency. It's built on Stacks, which gives it the security and power of Bitcoin. It uses sBTC, which is like a special version of Bitcoin that can be used for these clever apps.
- For Gamers & Creators: Get paid by fans for every minute you're live streaming
- For Startups: Pay employees with a live stream of salary
- For Everyone: Makes sending money more flexible and modern
Built using cutting-edge AI tools like Claude and Cursor, demonstrating "vibe coding" - using AI as a powerful tool while developers remain in control of security and architecture.
The idea is super easy to understand. Visual, exciting, and doesn't need a complicated explanation. Anyone can immediately "get it."
The Bottom Line
It's not just another app; it's a glimpse into the future of how we could all use money, built on the most secure network in the world.