New Features in Opendime’s Next Cash-Like Bitcoin USB Stick
When Opendime made its ‘bitcoin stick’ with multi-signature Bitcoin wallet provider Coinkite, it called it a ‘Bitcoin bearer bond’ – that is, a bond or debt security. The controversial product, much scrutinized in 2016 by Bitcoiners, experienced concerns over counterfeiting, as well as its closed-source nature. The company has responded to the....
Related News
Just recently we reported on Coinkite starting a “new phase” within the company’s objectives. The business decided to drop its web wallet service to focus its concentration on new hardware devices and standalone Bitcoin terminals. Now Coinkite has revealed one of the first projects called Opendime (opendime.com), a USB stick that acts like paper money....
This week has been a long-awaited time for stoners in the state of Colorado. Since it's now legal to smoke marijuana legally in the state, a slew of pot shops have opened their doors today to clients. Approximately 24 shops have thus far opened, a majority of which located in Denver. But since banks are a bit iffy on the whole idea of transacting pot sales, well, consumers will have to stick to cash - or bitcoin. At least one shop is known to accept the digital currency. But if you think cash and bitcoin only is a hurdle, it most certainly isn't. New reports coming out indicate that these....
British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in USB Stick The U.K.’s Greater Manchester Police announced Wednesday that its Economic Crime Unit has seized a USB stick containing “huge amounts of ethereum, the second largest crypto currency after bitcoin.” The USB stick was discovered after the police arrested a 23-year-old male....
On May 15, the Bitcoin Cash upgrade was applied successfully to the blockchain, bringing a slew of features directed toward improving the overall experience of users. This particular upgrade marks the start of a new upgrade schedule that will allow developers to invest more time in testing new features added to the protocol in the future. Bitcoin Cash Update Applied Successfully The latest Bitcoin Cash update, which proposed a set of important changes, was applied successfully to the network Saturday afternoon. This specific upgrade provided improvements that would tackle user experience....
On Thursday, Bitcoin Cash proponents were introduced to a new website that features a project called Smart Bitcoin Cash or Smartbch for short. Essentially, the project is a sidechain for Bitcoin Cash that is compatible with Ethereum’s EVM and Web3 API, which means people will soon be able to leverage decentralized applications (dapps) without paying lots of money for transaction fees. Bitcoin Cash Fans Introduced to a Unique Ethereum and Web3-Compatible Sidechain At the time of writing, Ethereum is the dominant chain when it comes to Web3 applications and decentralized finance.....