shopify analytics tool

BetChain Bitcoin Casino

0 Members and 1 Guest are viewing this topic.

*

CCN

Why the 21 Bitcoin Computer Won’t Be The Future Of Micro Payments

The highly-anticipated 21 Bitcoin computer, which has the bitcoin protocol as part of its operating system, has been touted as a long-hoped-for solution to enabling micro transactions over the Internet. But one technology observer has voiced doubts about this based on the amount of power the device will require. Timothy B. Lee, a senior editor at Vox Media, wrote an extensive article why the 21 Bitcoin computer will not become the solution for micropayments. He claims the computer will consume too much electricity to be profitable for users, will be hackable, and will need to be replaced every few years. The […]


The post Why the 21 Bitcoin Computer Won’t Be The Future Of Micro Payments appeared first on CCN: Financial Bitcoin & Cryptocurrency News.


Source: Why the 21 Bitcoin Computer Won’t Be The Future Of Micro Payments



Tags: