Bitcoin upgrade aims for smoother e-commerce

August 08, 2013

There's a broad belief that bitcoin might just be the virtual currency that takes off in a big way. To do that, it will need to become a lot easier to use.But developers within the Bitcoin community are close to finishing a new layer of code for bitcoin software clients that makes using it more practical for shoppers and merchants."This payment protocol represents a major advance in security and usability," said Jeff Garzik, senior software engineer at BitPay, an Atlanta-based company that builds Bitcoin software tools.The protocol will be open source, and it will be up to other developers to implement it in Bitcoin wallets, or software clients used to hold and spend the virtual currency.To read this article in full or to leave a comment, please click here

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