Former PayPal President dedicates his entire life to Bitcoin development 

Former PayPal President dedicates his entire life to Bitcoin development 
фото показано с : invezz.com

2023-5-19 20:06

PayPal’s former president David Marcus has showcased his enthusiasm about blockchain technology (again), stating that he will spend the rest of his life building on Bitcoin, specifically the Lightning Network. The former leader of Meta’s cryptocurrency and digital finance undertakings has been making moves in the crypto world.

JUST IN – Former PayPal President: "I've decided to dedicate the rest of my life in building on #Bitcoin and specifically on Lightning" 🙌 pic.twitter.com/MnjO8oJpQw

— Bitcoin Magazine (@BitcoinMagazine) May 18, 2023

Marcus’ tech infrastructure firm Lightspark, launched in 2022, introduced a network for Bitcoin’s Lightning Network, designed to onboard businesses to the platform. Also, he participated in creating Diem, a Facebook crypto product that failed after its suspicions attracted the United States regulators.

Meanwhile, renowned figures such as David Marcus showing their dedication to blockchain technology means a lot to cryptocurrency enthusiasts. For instance, @TajoCrypto stated that Bitcoin requires more individuals like Marcus. The former Paypal President believes Bitcoin and the Lightning Network are the correct answers for the world.

Understanding the Lightning Network

Lightning Network is a layer2 solution that utilizes micropayment networks to scale the Bitcoin blockchain’s proficiency and ensure cheap and efficient transactions. The technology solves glitches related to Bitcoin through the introduction of off-chain transactions.

Bitcoin creators envisioned the leading crypto as a P2P electronic cash system, meaning users could transact without intermediaries. Meanwhile, they focused on those aspects only, forgetting scalability & transaction throughputs.

While this wasn’t a massive challenge during Bitcoin’s inceptions, it has proven a hassle as years pass. It was commonly known as the Blockchain trilemma, as blockchain builders had to balance security, decentralization, and scalability.

Bitcoin price outlook

The crypto market continues to see positive developments, though prices are yet to reflect this with steady surges. For instance, Bitcoin remains below the $28K hurdle. However, the crypto community remained optimistic about the market, predicting an upcoming bull run.

The post Former PayPal President dedicates his entire life to Bitcoin development  appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 69960.55 (-0.14%)
Объем 24H $45.152b
Изменеия 24h: 3.04 %, 7d: -4.00 %
Cегодня L: $66916.68 - H: $70339.13
Капитализация $1383.691b Rank 1
Цена в час новости $ 26845.44 (160.6%)

bitcoin life paypal president former spend rest

Источник: invezz.com

bitcoin life → Результатов: 126


Фото:

Bitcoin Shows Signs of Life as it Rallies Past $9,400; What Analysts Expect Next

After consolidating between $9,100 and $9,300, Bitcoin is starting to show some signs of life as its price rallies past $9,400 The ongoing uptrend comes after an extended bout of the cryptocurrency losing its trading volume and momentum due to the uptrends seen amongst many altcoins This latest surge may temporarily change the crypto’s trend, but one top trader is noting that he is planning to short BTC’s high time frame resistance at $9,500 Bitcoin’s […]

2020-7-22 21:00


Altcoins Crash to Six-Month Lows as Fears of ‘Crypto Winter’ Return

The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at the precipice of another violent drop – a move that could usher in a new […] The post Altcoins Crash to Six-Month Lows as Fears of ‘Crypto Winter’ Return appeared first on CCN.com

2019-9-29 22:44


Фото:

What’s Being Built – and What’s Not – on 2019’s Smart Contract Blockchains

Has anyone checked in with EOS lately, to see how it’s doing? How about Tezos – any signs of life there? In mid 2017, two of the largest token sales in history birthed two smart contracting platforms that promised to topple Ethereum and usher in an era of fast and low-cost value transfer with dApps […] The post What’s Being Built – and What’s Not – on 2019’s Smart Contract Blockchains appeared first on Bitcoin News.

2019-8-30 18:40


Фото:

Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government

Negative interest rates have been making big headlines lately, as several countries and big banks are now experimenting with the unorthodox monetary policy. While typically viewed as a last-ditch effort to shock some life back into struggling economies, these policies are getting a shiny new spin thanks to mainstream media outlets promoting government talking points […] The post Normalizing Negative Interest: It’s Flabbergasting How Closely Media Parrots the Government appeared first on Bitcoin News.

2019-8-12 17:00


Фото:

Thai Government to Integrate DLT, A.I and Emerging Technologies into the Digital Economy

In a bid to improve the income, quality of life, and competitiveness of ordinary people in the society, Thailand’s Digital Economy and Society Ministry (DE)  intends to use innovative technologies like blockchain in developing mobile applications and e-commerce solutions over the next three months, reports Bangkok Post on August 11, 2019.

2019-8-12 09:00


Фото:

BlockV Platform is Using Blockchain to Bring Vatoms to Life, Creating a Whole New Augmented Experience

Bitcoin Press Release: BlockV platform uses blockchain technology to create Vatoms, static virtual objects that can be transformed into dynamic virtual goods. 6th May 2019, Zug Switzerland – As our world evolves into an age of mixed, virtual and augmented reality, new kinds of human experience become possible and with them, incredible opportunities emerge.

2019-8-6 16:00


Фото:

Crypto Social Media is Breaking Free: How 10+ Blockchain Platforms Pay You to Post

Social media has become so embedded in most people’s everyday lives that it’s hard to imagine life — or even a span of a few hours — without it. While the social media revolution is huge, there’s another revolution within that revolution, driven by users into cryptocurrency, privacy, and immutability: incentivized, blockchain-based social media.

2019-8-4 12:49


Фото:

Fentanyl dealer to forfeit $4M in Bitcoin and quadrillions of bank notes

A dark web kingpin has forfeited $4 million, including Bitcoin and 100 quadrillion Zimbabwe bank notes after selling drugs to an undercover cop via encrypted email. Richard Castro, of Windermere (Florida), pled guilty to one count of conspiracy to distribute and possess with the intent to distribute three controlled substances – carfentanil, phenyl fentanyl, and fentanyl.

2019-7-29 12:38


Фото:

Luxembourg Completes First Real Estate Tokenization with Blockchain

Six Luxembourg-based companies including Creahus, Espace Invest, Property Token SA, Tokeny, CoinPlus, and INNO, have joined forces to tokenize a luxury building located in the Grand Duchy. The property is located in Belval, a part of the country with a unique mix of work, housing, and daily life, reports local news source, Luxembourg Silicon on JulyRead MoreRead More.

2019-7-25 01:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru