Stories, people and ideas that are changing our day-to-day world by Wired UK. The most important, interesting and inspiring news and features on Wired.co.uk.
The system works like this: when the bartender tells the till to accept a Bitcoin payment, it sends a message to Early's server, which returns a unique Bitcoin address for that transaction. The till converts that address into a QR code, which is displayed on screen or printed off. The...
Meet Litecoin, Bitcoin's little brother 16 June 13 by Duncan Geere Tweet Litecoin Priced out of the Bitcoin market? Look no further than Litecoin , an alternative cryptocurrency that's gaining popularity fast. When we first wrote about Bitcoin, back in May 2011 , we asked whether the ...
Bitcoin won't hide you from the NSA's prying eyes 11 June 13 by Kadhim Shubber Tweet Shutterstock Revelations about the US government's internet surveillance programme Prism appear to have sent the price of bitcoins plummeting. Specifically, the unveiling on 9 June of 29-year-old Edwa...
Since April, the Boston-based online restaurant ordering service, has accepted payments in the world's hottest digital currency, and sales have grown nicely. Foodler is now doing about $15,000 (£9,700) in Bitcoin food orders per month. This is convenient for customers, and with Bitcoi...
If first generation companies were focused on the infrastructure aspects of the crypto-currency (generating or mining actual Bitcoin currency and providing an exchange for it), the next wave will be about making the math-based money simple for non-hackers to use, says Boost VC founder...
One of those is Mt Gox, the largest Bitcoin exchange, with Moore and Christin stating that at its peak it handles more than 40,000 Bitcoin transactions a day, compared to a mean average of 1,716. It has been the victim of a huge number of distributed denial-of-service (DDoS) attacks o...
For all the Bitcoin hype, it's not hard to see that there's a big problem in how bitcoins are actually used. That comes from Bitcoin being both a currency and a commodity in its current guise. Its rise in value has been the thing to make it famous, but that's also the thing that has u...
When is a cashless society coming? Do we have it on the horizon? It's so funny, that's such a European dream. This is the kind of thing I'll be talking about when I come out [to Wired Money]. Money has changed so much in the last few years, you've got cards pegged to the pound, and yo...
