[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Who Killed Charlie Kirk? the Case Against Israel Sen. Grassley announces a whistleblower has exposed the FBI program “Arctic Frost” for targeting 92 Republican groups Keto, Ivermectin, & Fenbendazole: New Cancer Treatment Protocol Gains Momentum Bill Ackman 'Hammered' Charlie Kirk in August 'Intervention' for Platforming Israel Critics "I've Never Experienced Crime Of This Magnitude Before": 20-Year Veteran Austrian Police Spox The UK is F*CKED, and the people have had enough No place for hate apeech America and Israel both told Qatar to allow Hamas to stay in their country Video | Robert Kennedy brings down the house. Owner releases video of Trump banner ripping, shooting in WNC Cash Jordan: Looters ‘Forcibly Evict’ Millionaires… as California’s “NO ARRESTS” Policy BACKFIRES Dallas Motel Horror: Immigrant Machete Killer Caught America has been infiltrated and occupied Netanyahu 1980 Senior Trump Official Declares War On Far-Left NGOs Sowing Chaos Nationwide White House Plans Security Boost On Civil Terrorism Fears Visualizing The Number Of Farms In Each US State Let her cry The Secret Version of the Bible You’re Never Taught - Secret History Rocker defames Charlie Kirk threatens free speech Paramount Has a $1.5 Billion South Park Problem European Warmongers Angry That Trump Did Not Buy Into the ‘Drone Attack in Poland’ Grassley Unveils Declassified Documents From FBI's Alleged 'Political Hit Job' On Trump 2 In 5 Young Adults Are Taking On Debt For Social Image, To Impress Peers, Study Finds Visualizing Global Gold Production By Region RFK Jr. About to DROP the Tylenol–Autism BOMBSHELL & Trump tweets cryptic vaccine message Elon Musk Delivers Stunning Remarks At Historic UK March Something BIG is happening (One Assassination Changed Everything) The Truth About This Piece Of Sh*t Breaking: 18,000 Epstein emails just dropped. Memphis: FOUR CHILDREN shot inside a home (National Guard Inbound)

Resistance
See other Resistance Articles

Title: Will Ethereum Beat Bitcoin to Mainstream Microtransactions?
Source: [None]
URL Source: http://www.freedomsphoenix.com/News ... instream-microtransactions.htm
Published: Jun 1, 2016
Author: Coindesk
Post Date: 2016-06-01 06:25:58 by NeoconsNailed
Keywords: None
Views: 129
Comments: 1

Micropayments have long been one of the most hotly-anticipated use cases for bitcoin, but similar tech may be coming soon to Ethereum, the decentralized blockchain network that has recently rejuvenated outside interest in the cryptocurrency space.

While payments that cost fractions of a cent have historically been prohibitive on the Internet, supporters of the use case believe it could one day enable everything from alternative ways of paying for art and journalism to promoting tipping on social media.

Market observers have forecasted that there could also be a lucrative market for the businesses that enable this future. Financial services firm Wedbush Securities, for example, has predicted bitcoin micropayments could be a $925bn market by 2025.

One of the earliest projects seeking to use the Ethereum platform for micropayments is Raiden Network, spearheaded by developer Heiko Hees, founder and CEO of Brainbot, a German-based smart contract and blockchain consulting company.

Hees believes the Ethereum network could prove to be the biggest enabler of micropayments, and that such transactions would cost less than they would on the bitcoin blockchain and be settled faster. A common annoyance for users of bitcoin, is that blocks on the network take 10 minutes to be processed, and to complicate matters, the standard practice by those who use the blockchain is to wait six confirmations until considering such transactions settled.....

(Animals are smarter than people. Did you know that no insect has never needed flying lessons or equipment?)

Click for Full Text!(1 image)

Post Comment   Private Reply   Ignore Thread  

#1. To: All (#0)

Oops -- meant to make it a multiple.

http://www.freedomsphoenix.com/News/197899-2016-05-31-ernst-young-to-sell-12- million-in-bitcoin-at-auction.htm

http://www.freedomsphoenix.com/News/197898-2016-05-31-smart-dubai-director- sees-blockchain-as-key-to-connected-cities.htm

-----------------------------------------------------

How the world was lost:The African population of Zimbabwe had increased from an estimated 300,000 in 1890 to 7 million in 1980. This phenomenal increase was the result of the development of a modern infrastructure, first-world health standards and the bountiful crop harvests produced by the white Rhodesian farmers.

By July 2006, the population had almost doubled to 13 million, the result of a symbiotic relationship that had been forged between the 3,400 commercial farmers and the other inhabitants. (IMPACT newsletter)

NeoconsNailed  posted on  2016-06-01   6:27:06 ET  Reply   Trace   Private Reply  

[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]