Bitcoin Box: Offline Point of Sale Hardware Unveiled
A new Point of Sale (PoS) hardware system for Bitcoin will allow merchants to process cryptocurrency payments offline - without the need for an internet connection. Jan Vornberger, developer for popular Bitcoin wallet software Hive, recently unveiled a prototype for the new 'Bitcoin Box' PoS system. By using a combination of Bluetooth and Near Field Communications (NFC) the Bitcoin box allows customers to send transactions straight to the merchant's server, even if no internet connection is available. Because the transaction is initially sent directly to the merchant, rather than being....
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Even with all the encryption and multi-sig security features offered by most bitcoin wallets, some instances of theft have still been reported due to online storage. KeepKey now offers a way to store bitcoin offline through an actual hardware wallet. This private bitcoin vault is available for $239 on the KeepKey site or Amazon and comes with a USB-connected device. This can work with existing bitcoin wallets and takes over the management of private key generation, storage, and transaction signing. Offline Bitcoin Wallet. To set the offline bitcoin wallet up, users need to install the....
Hardbit Bitcoin Wallet. An Offline, Secure, Cold Storage Unit. Hardbit recently started shipping the Hardbit HB01 Bitcoin Hardware Wallet. The HB01 is a low cost offline, secure, cold storage solution for your bitcoins that still allows you to use them when you want. The Trezor wallet is just starting to ship pre-orders and Butterfly Labs has still not shipped their hardware wallet (or anything at all for that matter). This has left a huge gap in the market for a stand-alone solution to offline storage that is not a paper wallet or a complicated DIY method. Hardbit has stepped into that....
Merchants in Canada can now tap into a newly launched tool that allows them to accept payments in bitcoin at the point of sale - a browser app called PocketPOS. Businesses can use PocketPOS to conduct transactions through a streamlined point-of-sale interface that does not require hardware installation or management. PocketPOS developer Mitchell Callahan told CoinDesk that the tool is designed to appeal to merchants who aren't tech-savvy, and that it serves as a means for them to not only accept bitcoin, but manage their accounts and interact with an exchange. Callahan framed PocketPOS as....
Following a distributed denial-of-service (DDoS) attack that targeted its server yesterday, European bitcoin exchange operator BTC-e continues to be offline. Bitcoin and alt.coins exchange BTC-e was knocked offline for several erratic hours yesterday. Users took to social media to speculate the reasons for the cause of the attacks with some stating that BTC-e was hacked, rather than being the target of a DDoS attack. In providing some clarity with the situation, the exchange’s Twitter account revealed: Furthermore, concerns raised from whispers of a hack seem to be unfounded with no real....
Every new Bitcoin hardware wallet arriving on the market claims to be “the ultimate”, but how have these devices, still somewhat alien to the majority of Bitcoin users, progressed so far in 2016? Several years after pioneering model TREZOR reached the market, storing bitcoins on offline hardware can still – paradoxically – feel like a leap of faith in....