Showing posts with label bankless society. Show all posts
Showing posts with label bankless society. Show all posts
KryptoKit Partners With BitPay for Two-Click Shopping
KryptoKit, the secure bitcoin wallet and encrypted message plugin for Chrome browsers, has partnered with BitPay to integrate a ‘two-click’ solution to pay bitcoin merchants.
The Canadian company unveiled its new feature at the first North American Bitcoin Conference in Miami on 24-26th January. It includes KryptoDirectory, a one-stop shopping directory incorporating BitPay data on business accepting bitcoin payments.
BitPay allowed access to its database of merchants as part of the deal.
The directory will appear as a tab within the KryptoKit Chrome wallet window. Once users surf to the site they’d like to shop at, the extension automatically sniffs out bitcoin addresses for each item from the site and inserts them into the wallet window, creating a list of payment options.
Users simply click on the address corresponding to the item they want to purchase, and then click ‘send’ (hence the term ‘two-click solution’).
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One of KryptoKit’s key features is its ability to detect bitcoin addresses on any site and display them for easy selection. There’s no need to scan QR codes or even copy-paste address strings.
“As Bitcoin becomes more universally known and accepted as currency, we saw a clear need to have a single, clean and easy to use resource for finding businesses that welcome cryptocurrency,” said Anthony Di Iorio, the company’s co-founder along with Steve Dakh.
“KryptoKit will roll out more BitPay merchant sites in the upcoming weeks.”
KryptoKit is free, open-source and has a five-star rating on Google’s Chrome Web Store. It also features an encrypted message service where users can create new PGP keys or import existing ones.
Users do not need to register, set up accounts, or enter any personal information to use it. And your data will not be stored ‘in the cloud’ – all private keys and bitcoin addresses are kept locally on a users’ machine.
Co-founder Di Iorio also happens to be Executive Director of the Bitcoin Alliance of Canada, and founder of the Toronto Bitcoin Meetup group and bitcoin startup co-working space Bitcoin Decentral.
Disclaimer: CoinDesk founder Shakil Khan is an investor in BitPay.
Wallet image via Shutterstock
January 26, 2014 at 10:19PMASICMiner Share Price Doubles Ahead of Gen 3 Tapeout Announcement
ASICMiner, one of the first companies to successfully deploy bitcoin ASIC mining hardware in 2013, has seen its share price double over the last month. The gains come ahead of the expected Jan 20 tapeout date for ASICMiner’s 3rd generation hardware indicated by the companies CEO in a December announcement. As multiple consumer ASIC companies prepare to ship inventory and private mining operations increase in scale, often with equal or superior hardware, meeting schedule expectations will be paramount to ASICMiner’s future. As one of the first successful ASIC producers, AM was able to maintain a significant hardware advantage through mid-2013, driving the company’s profitability both in mining operations and consumer sales. As 2013 progressed and competitors began to deploy 55nm and then 28nm chips, compared with AM’s Gen 1 130nm hardware, AM’s share of the network plummeted from upwards of 20% to less than 1%. Accordingly, the company’s efforts to develop next generation hardware has been watched closely. With plans for Gen 2 chips foregone to focus on Gen 3...
The post ASICMiner Share Price Doubles Ahead of Gen 3 Tapeout Announcement appeared first on The Genesis Block.
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