Bitsquare Lighthouse Crowdfunding Campaign Ends Today: Only 42% of Funds Raised

Bitsquare Lighthouse Crowdfunding Campaign Ends Today: Only 42% of Funds Raised

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....


Related News

Decentralized Bitcoin Exchange Bitsquare Has Only Raised 42% of its Goal with Lighthouse

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....

Lighthouse Raises Charity Crowdfunding Target in 24 Hours

Lighthouse, the bitcoin-powered crowdfunding application, raised 3.5 BTC for Medic Mobile during its first 24 hours. The Medic Mobile project, Lighthouse's demo campaign, has now been reset to allow for an additional fundraising round to begin. The news comes via a blog post, in which Mike Hearn, the app's developer, offers some updates and long-term plans. Not all targets reached. Despite this success, however, not all projects reached their set fundraising targets. Richard Myers, a developer at Bitsquare, revealed that its crowdfunding campaign had ended without reaching the funding....

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....

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....

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....