Bitsquare: The ‘Missing Link’ for Decentralized Bitcoin Exchange
The need for trading cryptocurrency on a safe exchange means a lot to the digital currency community, especially after the failure of many businesses. Compromised exchanges, either by hacks or “exit scams,” have plagued the Bitcoin space for a while now. A decentralized exchange is one concept that has been introduced to the discussion and is currently....
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The decentralized bitcoin and altcoin exchange Bitsquare has decided that it must rebrand or face a costly legal battle. Launched last year, Bitsquare is the first decentralized bitcoin and altcoin exchange of its kind. Instead of trading bitcoin through a central intermediary as a typical exchange would, Bitsquare users connect through a peer-to-peer protocol and exchange money directly. To keep everyone honest, traders put up security deposits, while an arbitration system serves as a fallback. The open-source project led by Manfred Karrer recently ran into a setback, however, as the team....
A team of bitcoin enthusiasts is approaching completion of the first stage of launching Bitsquare, a decentralized bitcoin exchange. Bitsquare has been designed to ensure privacy but not be controlled by a central authority like other bitcoin exchanges. Bitsquare is currently seeking 120 BTC for the development of its first milestone through Lighthouse, a crowdsource funding platform. The first phase of the funding campaign ends today (Feb. 9.) and the campaign has only raised 42% of its goal. Whether the campaign will be able to raise the rest depends on the incoming donations today. Need....
The first completely decentralized bitcoin exchange supporting fiat and digital currencies has announced that it will be launching its beta version on April 27th. BitSquare will be launching its beta version of the decentralized Bitcoin exchange later this month. The BitSquare can be used to exchange bitcoin with other fiat currencies as well as altcoins. Founded by Manfred Karrer along with other contributors, BitSquare has been under development for over 2 years. The platform as been undergoing tests in the recent months before it can finally be launched on April 27, 2016. Manfred....
Some things get off to a rocky start. Much like bitcoin itself, which is still facing issues regarding mass acceptance and adoption, a new decentralized exchange known as Bitsquare has not managed to raise the funds its wished for through the crowdfunding platform Lighthouse. The company was originally aiming to raise about 120 bitcoins for the creation of its first milestone. Bitsquare is trying to enable heightened privacy for bitcoin users while at the same time avoiding control from a central authority (a common problem amongst many bitcoin exchanges). Bitsquare team member Richard....
BitSquare bitcoin exchange platform has released a new beta preview version of its wallet application. BitSquare, the decentralized bitcoin exchange has been making some good progress with its bitcoin wallet. The company released the beta preview of its upcoming Bitcoin wallet. The version 0.4.0 is currently available on GitHub. For starters, the latest version is not compatible with the versions released before 0.3.6. So those who have been running the previous versions of the wallet will have to uninstall them before installing the recent release. The latest BitSquare beta wallet is....