Decentralized Crowdfunding App Lighthouse Is Getting Traction

Decentralized Crowdfunding App Lighthouse Is Getting Traction

Lighthouse, a blockchain-based crowdfunding application, has gained traction since its launch on January 20th. Since it is built on top of the blockchain, Lighthouse is totally decentralized, eliminating the need for a centralized management system. Lighthouse allows anyone to crowdfund their project on the application, without any registration or fees, and all funds raised through the app are raised with bitcoins exclusively. The first project funded on Lightouse was Medic Mobile, a non-profit providing real-time information to medical workers in developing countries. The project raised....


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Decentralized Crowdfunding App Lighthouse Raises 1 BTC for Dark Wallet

As a part of a demo campaign, decentralized crowdfunding application Lighthouse recently raised 1 BTC for the Dark Wallet Fundraiser. The platform's chief developer Mike Hearn & team started hosting this project less than a month back. Being a new company, the fundraiser initiator - codename BashCo - simply wanted to test Lighthouse out before moving further with bigger fundraising campaigns for Dark Wallet. This clearly explains why the target was kept such low as 1 BTC. Upon finalizing Round I, BashCo mentioned a minor hiccup he faced in the pledging system, which was later found to have....

Bitcoin-Powered Crowdfunding App Lighthouse Has Launched

Lighthouse, the bitcoin-powered crowdfunding application, has officially launched. The beta version of the app, which developer Mike Hearn described as a specialized wallet for decentralized crowdfunding, is now publicly available for download. The release follows months of development, which included an investment from noted bitcoin entrepreneur Olivier Janssens. The app is designed to function as a streamlined tool for using smart contracts to commit pledges to particular projects, which can range from bitcoin development initiatives to charity drives. Currently, the only project....

New Decentralized Crowdfunding Platform Could Reshape Bitcoin Landscape

BitcoinJ developer and former Google engineer Mike Hearn is working on a new decentralized crowdfunding platform that will support bitcoin transactions and could lead to a reshaping of the peer-to-peer finance landscape. The crowdfunding platform, called 'Lighthouse', was announced during a talk led by Hearn at the Bitcoin2014 conference in Amsterdam. Hearn later elaborated on the announcement in a 17th May blog post. Like other crowdfunding platforms, Lighthouse will serve as a means for users to create projects and pledge funds to others. Hearn wrote, however, that its primary aim will....

Lighthouse Finally Launches

Lighthouse, a decentralized crowdfunding platform, was first announced almost a year ago by Bitcoin core developer Mike Hearn. The project kept a low profile, but the Bitcoin community has been anxiously waiting for the project ever since it was announced. Finally, the project launched on January 20, almost an entire month into 2015. The Bitcoin wallet needed to use Lighthouse can be downloaded for Mac, Windows and Linux operating systems. Lighthouse is the world’s first decentralized crowdfunding platform built on the Bitcoin blockchain. Users will now be able to raise and donate to....

Imminent Lighthouse Beta Launch To Challenge Bitcoin Foundation's Development Role

Core Bitcoin developer Mike Hearn is preparing to go live with his 'Lighthouse' crowdfunding project, switching to main net for the first time ahead of an imminent public Beta. The lighthouse project has been eagerly awaited by many decentralization enthusiasts within the Bitcoin community. It is hope that it could one day replace the centralized role of the Bitcoin Foundation in funding and guiding the direction of the coin's core development with a public, transparent, and more decentralized alternative which seems to be more in keeping with the Bitcoin's character. Rather than being a....