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....
Related News
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, 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....
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....
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....
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....