Kim Dotcom: Bitcache Will Be ‘Off Chain Due to Limitations’
Kim Dotcom has told the public many times that Bitcoin will be an integral part of Mega Upload 2 and Bitcache. Now, with the help from BnkToTheFuture, Dotcom is raising funds to scale the project. According to Max Keiser, the project is nearing 50 percent of its $1 million minimum goal. BnkToTheFuture Investment Platform Hosts Mega 2 Funding Round. Over....
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Kim Dotcom took to Twitter, where he has the eyes of some half a million people, to explain that there was a snag in the recent planned launch of Bitcache and Megaupload2, the Bitcoin enhancement layer (allowing for tiny, automated transactions) and the incentivized file sharing platform that intends to use it. According to Dotcom, the firm attempted to merge with a Canadian company that had valued them at $100 million and would have provided another $12 million. However, “complexities” resulted when the firm demanded “intrusive” information from Bitcache. Dotcom did not go into specifics,....
Kim Dotcom, the notorious internet entrepreneur and Megauploadfounder, has been building hype for the relaunch of his file-sharing website on Twitter and various media outlets over the past few weeks. While the general tech community seems interested in what Megaupload 2.0 will have to offer, the Bitcoin community is more interested in one specific aspect of this new project. While discussing Megaupload 2.0 on Twitter, Dotcom noted that the file-sharing platform will include a way to attach a bitcoin transaction to every uploaded file. Dotcom has named this feature Bitcache. The specific....
As the trial of Kim Dotcom versus extradition by the United States Thought Police continues in New Zealand, Kim is ever-optimistic and is forging ahead with his business plans. He is making significant progress on his MegaUpload2/BitCache program, calling it not just a site or application but a “movement.” Cointelegraph gives you the latest progress report on the future mainstream website application that Kim Dotcom believes will single-handedly change Bitcoin forever. Is Bitcoin ready for the mainstream? Many in the Bitcoin community worry about Bitcoin’s ability to crossover into the....
Kim Dotcom has revealed the reason for delaying his Megaupload 2/ Bitcache unveiling was due to a failed merger with a Canadian company SecureCom. Dotcom had promised the reveal Jan. 19 but said that there had been an “expected hiccup.” He added that there was “nothing to worry about” and it was “just more of the same.” However, it later became clear that information about the projects would not be forthcoming until later, with Dotcom promising “screenshots” of Bitcache in February. Dotcom: ‘Go get some Bitcoin’. He added that Megaupload 2 was “the game changer the Internet is waiting....
As Bitcoin.com previously reported, a good portion of the cryptocurrency community has been focused lately on the tweets of Kim Dotcom. On the anniversary of authorities seizing Megaupload, Dotcom told the public he had an announcement about his new Megaupload and Bitcache project. A few days later Dotcom revealed there would be a significant delay. Kim....