BitPay Core Coming Soon for Bitcoin Blockchain?
BitPay introduced one potential fork of Bitcoin Core in a series of blog posts by CEO Stephen Pair. In the series, Pair describes an “adaptive block-size limit.” Pair expressed his belief on the Medium post’s that he believes Bitcoin does not need a fixed limit, though that would create uncertainty for miners. Pair believes there can be a “hard limit” – the maximum block size – and a “soft limit,” which miners could increase or decrease if they want. The soft limit will be the default limit for miners to create blocks. As Pair lays out in the fourth and final essay in a series: At BitPay,....
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Yesterday, BitPay Inc, the world's leading payment processor for Bitcoin announced an expansion to now 10 full time employees. BitPay, founded in 2011 by Tony Gallippi and Stephen Pair, has continued to expand in organizational and merchant growth. Through enabling now almost 7,000 merchants to be able to process payments in the Bitcoin currency, BitPay continues to lead the way in promoting the utility of Bitcoin. BitPay announced the newest additions to the team. Jeff Garzik, Bitcoin core-developer, will join staff to work full-time on Bitcoin and contribute his knowledge on the core....
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week. Major cryptocurrency firm BitPay is expanding the scope of supported blockchain networks, preparing to debut payments in ERC-20 tokens on the Polygon network.BitPay and Polygon jointly announced on Oct. 26 the integration of Polygon on the BitPay app, allowing customers to spend Polygon-bridged ERC-20 tokens.The BitPay app is specifically preparing to support payments in tokens like Polygon-based USD Coin (USDC) later this week. USDC developer Circle originally launched the USDC....
April 16, 2014 – Atlanta, GA – BitPay, the world leader in business solutions for Bitcoin digital currency, is excited to announce that Bitcore, a complete, native interface to the Bitcoin network has achieved 100% compatibility with the Bitcoin Core test data. Since the launch of the Bitcore open-source project in February of 2014, BitPay has been working hard at achieving full compatibility. These test confirm that bitcore correctly handles all of the test input data in the same way as the Bitcoin reference client, Bitcoin Core. Bitcore is a community effort and adding tests will greatly....
Some news coming this evening from the BitPay camp. The Atlanta-based bitcoin processing company announced Thursday a new cryptographically-secure API that makes use of previously-announced authentication protocol BitAuth. Without getting to specific (largely due to the fact that I am not a programmer/developer), BitPay's new API offers a number of features that certainly sound like they are useful. This includes the implementation of refunds to any bitcoin address (as opposed to requiring a BitPay account). here's what BitPay has to say on the feature: [The refund API] will allow all of....
Chinese miners would not need to worry about explosive block size growth either, as the maximum rate of growth is capped at twice the previous size. There will be no jumps from 1MB blocks to 2MB blocks and then suddenly increasing to 8 MB. This should give the local Internet infrastructure enough time to ramp up the overall network speed and [try to] get rid of data caps. For those people looking to see the Bitcoin block size debate coming to an end, that will not be happening anytime soon, unfortunately. Things have gotten more interesting a few weeks ago when rumours....