Why the 21 Bitcoin Computer Won't Be The Future Of Micro Payments
The highly-anticipated 21 Bitcoin computer, which has the bitcoin protocol as part of its operating system, has been touted as a long-hoped-for solution to enabling micro transactions over the Internet. But one technology observer has voiced doubts about this based on the amount of power the device will require. Timothy B. Lee, a senior editor at Vox Media, wrote an extensive article why the 21 Bitcoin computer will not become the solution for micropayments. He claims the computer will consume too much electricity to be profitable for users, will be hackable, and will need to be replaced....
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After several delays, the BBC has started sending out free Micro:bit computers to students all over the United Kingdom. A total of one million of these tiny devices will be making their way to various schools, in the hopes of getting teachers and students more excited about the IT sector in general. Such a hands-on experience at a young age could benefit future Bitcoin development as well, even though these boards are just a stepping stone to potentially achieve greatness. Learning To Code With The BBC Micro:bit. Getting children excited about the concept of creating their own applications....
Computer security depends on a quite different factors, including the software we use to keep hackers out. Antivirus software is designed to protect our devices unwanted harm, but not all of them work properly. Trend Micro, which is a very popular antivirus software among Windows users, made computers vulnerable to being hacked. It goes without saying this debacle could have affected Bitcoin users as well, simply because their entire computer could be hijacked with very little effort. Trend Micro Vulnerability Exposes Windows Computers. Windows computers are by far the most lucrative....
CME Group, one of the world’s largest derivatives marketplaces, has launched micro-sized bitcoin and ether options. “The launch of these micro-sized options builds on the significant growth and liquidity we have seen in our micro bitcoin and micro ether futures,” said a CME executive.
CME Now Offers Micro Bitcoin, Ether Options
CME Group announced Monday that it is now offering options on micro bitcoin and micro ether futures. CME’s Micro Bitcoin futures (MBT) is 1/10 the size of one bitcoin (BTC) and Micro Ether futures (MET) is similarly sized at....
Micro jobs are an important aspect of decentralizing the job market. In fact, one could go as far as saying that micro jobs are a cog in the machine that makes up the sharing economy since individuals and businesses can pay anyone in the world to complete a task. Pending regulation and taxation aside, for the time being, the question is whether or not....
On Tuesday, the world’s largest financial derivatives exchange, Chicago Mercantile Exchange (CME) Group, announced the upcoming launch of ethereum-based micro futures slated to be listed on December 6. The launch follows CME Group’s bitcoin micro futures listing in May, which saw 100,000 micro bitcoin futures traded during the first six days after launch. CME to Launch Micro Ether Futures Pending Regulatory Approval CME Group announced on Tuesday that the company plans to launch micro ether futures on December 6, “pending regulatory review.” According to the CME....