Sentences with phrase «powered micropayments»
This puts Bitcache in a category with Brave, Yours, Popchest and other Bitcoin - powered micropayments projects that offer new options for content creators on the internet.
https://bitcoinmagazine.com/ Not exact matches
The idea behind this is to advocate for, and preview a future where Internet services are powered by micropayments, rather than ads or other monthly fees.
Where Bitcoin's transaction speeds average 7 transactions per second, new blockchain - based currencies are already approaching thousands of transactions per second; Bitshares claims they can process 100,000 per second.In fact, a newspaper in Winnipeg, Canada, has already begun to use a micropayment system to charge per article for its news content and projects earning over $ 100,000 in digital revenue.Blockchain could tilt the balance of power towards individuals, not publishing powerhouses.As mentioned previously, YouTube and Medium have dramatically increased content creators» access to audiences and established a more democratic, popularity - based promotional scheme.
With cryptocurrency powered payments inside Telegram, users could bypass remittance fees when sending funds across international borders, move sums of money privately thanks to the app's encryption, deliver micropayments that would incur too high of credit card fees, and more.
Recently, micropayment - powered content monetization platform Yours switched from bitcoin to litecoin as its cryptocurrency of choice.
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.
«We are planning to develop a micropayment platform powered by our cryptocurrency,» Paidar told International Business Times.
Additionally, it puts more power into the hands of readers, who can decide which articles they want to purchase and instantly send micropayments to their publisher of choice.
A white paper released by Telegram and cited by the magazine outlines a four - stage plan for the so called Telegram Open Network, which includes a platform for third - party services, a platform for micropayments and a micropayment channel network, as well as a blockchain consisting of a master chain and 2 - to - the - power - of - 92 accompanying blockchains.