21 Inc Open-Sources Bitcoin Software for Machine Payments
Bitcoin startup 21 Inc announced it had open-sourced its software this weekend, a move that finds it following through on statements by the firm's co-founder and CEO, Balaji Srinivasan, at CoinDesk's Consensus event last month. The release coincides with a stronger presentation of the company's long-term vision, one that will find it seeking to enable micropayments via APIs services for developers as part of a broader transition it calls the 'third web'. This terminology, the company argues, helps articulate the transition from the World Wide Web of documents and hyperlinks, to the social....
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Most people know the 21 Inc company as the group behind the Bitcoin computer. But under the hood, there is a vast open source library waiting to be explored and expanded. As of today, the company has open sourced their entire software package. One effort had been initiated in the past to port the 21 Inc proprietary software to different devices. Though....
21 Inc. has made its software free, ‘turning any computer into a bitcoin computer’, the company announced on Medium. Once a computer has installed the software, the user can get bitcoin using any device nearly anywhere without a bank account or credit cards. The software allows users to add micropayments to any app and begin earning bitcoin on each HTTP request. Users can also join fellow 21 developers in building a machine-payable web at slack.21.io. To install 21, users can download the Docker image or run the command, curl https://21.co | sh. Users can establish a profile at....
The team stated that the next steps were to find the source of the non-determinism, release an update, and restart the state machine, but there have been no updates since. Cross-chain exchange and proof-of-bond network THORChain was halted earlier today as the result of a bug causing “non-determinism between individual nodes."At around 8 pm UTC, the THORChain team initially tweeted that developers were aware of a chain outage and were working to find the root cause of the issue. Roughly four hours later, the team posted a further update noting that “consensus halts in a distributed state....
A new research report by banking giant Citi asserts that it does not view bitcoin and other digital currencies as a disruptive threat to banks, credit card networks or traditional remittance providers. Published today, the 56-page report argues bitcoin and digital currencies are better equipped to open up new markets and reach new consumers, and that today’s centralized payment systems are already efficient enough for commerce in the developed world. Citi further indicated that it sees the broader movement toward faster payments solutions in the US, though initiatives such as the Fed....
Portuguese manufacturer Bitcoin Já launched its first Bitcoin ATM in Lisbon over the weekend. The company is a brand new name in the world of bitcoin ATMs, so this is not only its first bitcoin machine in Portugal, but also the world. The launch of the 'BJATM1' model took place at the ATM's permanent location, Lisbon's @Cinema theatre, on Saturday, 4th October. PayPal support. Bitcoin Já describes its ATM as a versatile, feature rich and highly scalable system. Being a two-way machine, it currently allows users to buy or sell bitcoins for fiat currency. However, the company said it is....