ReinProject supports Core, possibly UASF, and recognizes Segwit as the best next step for Bitcoin

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Rein runs a couple of Bitcoin Core-enabled servers that are used to broadcast payments and soon to get unspent outputs to build payments going out from escrow.

All jobs require a second escrow, usually a small percentage of the total, to pay mediators. This smaller payment can be on the order of Bitcoin network fees for smaller jobs and when the mempool is bigger which means very small jobs like mturk or fiverr level aren't really viable. Our 2-of-3 and 1+(1-of-2)escrows could also get tricky off-chain. That being said, we don't see increasing blocksize as the final solution and instead plan to support these smaller jobs via payment channels and lightning once the technology has been figured out and is available.

This is a marathon, not a sprint, and without decentralization and freedom there is no Bitcoin. It is continually inspiring to see the level of technology innovation that is happening in Bitcoin and it is a pleasure to be here with you.

submitted by /u/dsterry
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Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $58041.11 USD  (via Coinbase)
1 ETH = $3955.20 USD  (via Coinbase)
1 LTC = $346.04 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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