Atomic Swaps Are Coming to BTCPay This Year, Says Nicolas Dorier [Interview]

Bitcoinist caught up with Nicolas Dorier, a developer of open-source and self-hosted Bitcoin payment processor alternative, BTCPay, who spoke about upcoming features such as atomic swaps, and making BitPay obsolete for businesses that don’t care about handling bitcoin.  ‘Nothing is Unsolvable in the Long Run’ Bitcoinist: In August 2017, you posted one of the most epic tweets aimed at BitPay calling out their lies and vowing to make the company obsolete. Can you reflect on

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Buy Coke Instantly With Bitcoin: Vending Machine Uses Lightning Network

One major hurdle to Bitcoin’s mass adoption as a payment system is its usability — or lack thereof — for instant micropayments. A Spanish hardware hacker has addressed these concerns with a proof-of-concept vending machine accepting Bitcoin transactions through Lightning Network. The Holy Grail of Micropayments Vending machines are probably the ultimate test-case for micropayments. The stock generally consists of low-value items, and customers demand instant fulfilment of purchases. Bitcoin (BTC) stumbles when faced with either

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HTC Reveals Plans To Launch Blockchain-Powered Smartphone

HTC reveals plans to release a multiple blockchain-powered smartphone to allow customers to “truly own their data.”

Consumer electronics corporation HTC has unveiled “the first native blockchain phone”, HTC Exodus, which will launch with support for multiple blockchains, including Bitcoin (BTC) and Ethereum (ETH) networks, PCMag reported May 15. HTC Vive creator Phil Chen announced the forthcoming project at the Consensus conference in New York City today.

Chen highlighted that the upcoming phone will support “multiple blockchain protocols,” such as Bitcoin, Ethereum, Lightning Network (LN), and Dfinity network. He said the company’s mission is to support the entire blockchain ecosystem in order to “help underlying protocols expand their base of dedicated nodes.”

The Android mobile device will reportedly feature a universal cryptocurrency wallet as well as a “secure hardware enclave.” Chen also stressed that the HTC Exodus would provide high standards of security and data protection:

“I want to see a world where the end consumers can truly own their data—browsing history, identity, assets, wallets, emails, messaging—without the need for central authorities.”

While Chen did not specify either the estimated price of Exodus or the expected release date, he said that the company may consider cryptocurrency as a means of payment for the upcoming multiple blockchain-powered phone.

HTC has seen its global market share in mobile devices shrink from nearly 11 percent in 2011 to less than one percent last year. While HTC’s high-end smartphone production could reach 500,000 to 1 mln this year, that number pales in comparison to Samsung, who reportedly shipped 20 mln units of the Galaxy S8 in 2017.

HTC is not the first to develop a blockchain-based mobile phone. In April, the blockchain-oriented OS developer and supplier Sirin Labs found a manufacturer for its blockchain smartphone. FIH Mobile, a subsidiary of Foxconn Technology, has agreed to help develop the phone. Foxconn is a giant in electronics contract manufacturing, with clients including Apple, Google, Cisco, Huawei, and Amazon.

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