06 Oct '13, 10am

bitcoin

bitcoin

The bitcoin community is getting closer to the merchant-friendly payment system that we first wrote about in July . Now, it’s a matter of months away from being backed into the official bitcoin client – and other wallets will support it, too. The core devs originally announced an initiative to introduce a bitcoin payment message (BPM) specification into bitcoin in July. Since then, it became a Bitcoin Improvement Proposal (BIP). BIPs make things more concrete. “BIP is as close as we come to a formal specification,” said bitcoin core developer Jeff Garzik. Ideas for new bitcoin features generally move through three stages: an idea, discussed informally on the bitcoin development mailing list , or on IRC, followed by a rough draft. In that case, someone writes an informal document, which is what the BPM document was. “If people are generally agreed that work should continue,...

Full article: http://www.coindesk.com/bitcoin-payment-protocol-makeover/

Tweets

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Bitcoin

Bitcoin

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