We often get asked: Why did you go out of your way to build
micropayments technology?
This is an important milestone for integrating the Yours
micropayments technology into Yours Core.
We will then proceed to integrate
the micropayments technology into the Yours UI.
Not exact matches
Micropayments are an important feature enabled by the Bitcoin
technology.
And the reason they trust it now is using things like PayPal and again the
micropayments, the Bitcoin, the blockchain all these different things, will be ways of
technology where people will be able to trust it more.
Efficient
micropayments that can be implemented using Bitcoin
technology have been postulated as a way to decentralize the Internet and return it to its origins.
«By offering an early demonstration of this cutting - edge
technology, we hope to bring Lightning to life with real - world functionality, providing a way for you to test Lightning and become a part of the
micropayment revolution,» states the Blockstream announcement.
To demonstrate its
technology, Blockstream has also announced the launch of e-commerce store powered by Lightning Charge, which enables users to make use of Lightning
micropayments on the bitcoin mainnet.
While Charles referred to the Lightning Network as «good
technology» that will be helpful for enabling instant transactions and
micropayments on Bitcoin, he also pointed out a number of caveats to the positive aspects of this new payments
technology in the early days of its availability.
An ideal use case for the
technology is
micropayments: Imagine a user making numerous very small payments (e.g..0001 BTC) to Big Music Company as she listens to songs over a certain period.
ACT founder, Fraser Brown, wants to leverage blockchain
technology to facilitate charitable giving using
micropayments on a democratized platform that rewards its users.
The company familiarised itself with the blockchain
technology about a year ago when it hired specialists from the bitcoin
micropayments processor ChangeCoin to develop blockchain services for a worldwide private housing platform.
To facilitate these payments, the
technology used must be applicable for
micropayments.
By offering an early demonstration of this cutting - edge
technology, we hope to bring Lightning to life with real - world functionality, providing a way for you to test Lightning and become a part of the
micropayment revolution.
The Silicon - Valley company boasts an impressive lineup of respected investors, including Gil Penchina, Pantera Capital, and 500 Startups, and hasraised over $ 3.5 million in funding to pursue
micropayments and Bitcoin
technology.
While there's been a handful of adult entertainment - based ICOs proposed, SpankChain is the one that gets mentioned privately fairly regularly, primarily because the project's underlying
technology - running
micropayments through payment channels - is solid.
Yesterday IOTA announced a major platform release allowing data monetization using
micropayments through their distributed ledger
technology.
«We're psyched about
micropayment channels (not just Streamium, but the
technology and possibilities in general), but we're also excited about 3rd Key Solutions, ShapeShift.io, Blockstream, and many others.