Technology

The Importance of Bitcoin Upgrades and Layer Two Applications

The Importance of Bitcoin Upgrades and Layer Two Applications

It’s no secret that the crypto community is divided around the support of bitcoin and alt coins, a term given to any coin that is an alternative to bitcoin. Some are in the camp that bitcoin, along with future technical improvements, will be the main – if not the only – coin that will survive. While others view this as impossible, it’s important to understand why these pro-bitcoin believers remain so convinced. Read the full piece by Jackson Wood @ Coindesk
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Bitcoin Well Announces Acquisition of Quebec-Based Bitcoin ATM Operator, Entreprises Equibytes Inc.

Bitcoin Well Announces Acquisition of Quebec-Based Bitcoin ATM Operator, Entreprises Equibytes Inc.

EDMONTON, Alberta, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or the “Company”) is pleased to announce that we have closed the acquisition of Entreprises Equibytes Inc. (“Equibytes”), a money service business and bitcoin ATM operator based in Montreal, Quebec. This article continues @ Yahoo Finance
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PayPal Strikes $2.7 Billion Deal to Acquire Japan-based Paidy Platform

PayPal Strikes $2.7 Billion Deal to Acquire Japan-based Paidy Platform

“Paidy pioneered buy now, pay later solutions tailored to the Japanese market and quickly grew to become the leading service, developing a sizable two-sided platform of consumers and merchants. Combining Paidy’s brand, capabilities and talented team with PayPal’s expertise, resources and global scale will create a strong foundation to accelerate our momentum in this strategically important market.” This article by  Bhushan Akolkar continues @ coinspeaker
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Bitcoin miners signaled support for Taproot upgrade to the Bitcoin network

Bitcoin miners signaled support for Taproot upgrade to the Bitcoin network

e. On June 12, 2021, enough Bitcoin miners signaled support for a technologicalupgrade known as the Taproot Upgrade (Taproot). Taproot is a bundle of three upgrades thatare aimed at improving network security, privacy and scalability. Taproot is the most significantupgrade to the Bitcoin network since the activation of the block capacity enhancement ofSegregated Witness in 2017 Click here to view the report by Coindesk
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