Bitcoin Company Plans to Use Names for Online Wallets
Bitcoin company Netki proposed the use of readable names for online wallets instead of the randomly-generated string of text for addresses. For the company, one of the reasons why bitcoin adoption has been slow is the complexity of these identifiers which are not easy to remember. In shifting to more human-friendly names for online wallets, the bitcoin company hopes that transferring cryptocurrencies would be as seamless as sending email. Netki uses a combination of the blockchain from Namecoin and a secure DNS to store names and map it to the address. Bitcoin Company Naming Technology.....
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Blockchain is an online Bitcoin wallet service that started in 2013. With a little less than 100,000 users in its early days, Blockchain has seen massive growth in its user base with 500,000 wallets by October 2013 and now over one million wallets by January 2014. The online wallet company is very excited about the future of the service, stating, "The growth seen over the past year has happened during a pivotal time for bitcoin. Blockchain plans to build this milestone into an outreach opportunity for bitcoin newbies and enthusiasts." It's also likely that the 1 millionth user will be in....
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