Thursday, September 24, 2015

Could The 21 Bitcoin Computer Centralize Bitcoin?

The Bitcoin startup 21 Inc., backed by venture-capital firm Andreessen Horowitz, has garnered much press attention over the release of its first product. The product, a small Linux computer wherein the Bitcoin protocol is part of the operating systems, has concerned some Bitcoin experts, who suggest the product could allow 21 Inc. to accumulate mining power. The company is excited about the product. “I’m very excited about it,” said Ben Horowitz, a co-founder of Andreessen Horowitz, told Wall Street Journal. “The thing that’s completely missing that I think would make the Internet better would be machine-to-machine payments. It’s just amazingly […]

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