Blocktrail news
Amsterdam Bitcoin Hackathon Winner Discovers Way To Remove Confirmations
If bitcoin is meant to be the perfect money for the internet, one important property seems to be lacking: instant transactions that are secure and trustless. But the winning team of the first ever Blocktrail-sponsored Amsterdam Bitcoin Hackathon may just have found a way to circumvent confirmations when transacting bitcoins. Sure, bitcoin-as-is provides a payments solution that is far superior to competitors in several ways. Transactions are often many times faster and more secure than wire transfers, credit cards or payment providers, eliminating the need for a trusted middle man. Even with bitcoin, however, secure and trustless payments are not …
Hackathon / Jan. 28, 2015