Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
nioc
on 13/02/2016, 13:21:17 UTC
Quote from: BitUsher on February 13, 2016, 01:08:49 PM
Quote from: Fatman3001 on February 13, 2016, 12:55:32 PM
Quote from: bargainbin on February 13, 2016, 12:50:05 PM
Quote from: BitUsher on February 13, 2016, 12:42:29 PM
Meanwhile ... 21 releases better code using the new CLTV opcode to setup a micro-payments channel to dramatically increase capacity with no need for a blocksize limit increase, and no added network tradoffs. Works with any device and free to use.
Caveat: "to allow high frequency Bitcoin-based microtransactions between any pair of 21 Bitcoin Computers," true P2P, i.e between 2 PiTatoes Cheesy


The Decentralizationing!

This is misleading. They are referring to High frequency micro transactions. a small business like a restaurant could have a micro transaction tab setup without any 21 Bitcoin Computers. This is free code that works with any device.

Yes they state.........


we will be releasing a free version of the library that allows almost any device (not just a Bitcoin Computer!) to engage in device-to-device micropayments with any other device.

So will this be code open source? Cool