Blockchain Issues Ten Millionth Bitcoin Wallet due to Unprecedented Activity

Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term, a developer of cryptocurrency and distributed ledger software, has announced that the company has surpassed ten million bitcoin wallets. The wallet-provider now boasts of having over 50 percent of the relevant market share.

“Hitting this milestone at this particular moment isn’t a coincidence,” stated Peter Smith, Blockchain CEO and co-founder. “In the wake of the brexit vote, the US Presidential election and a weakening Yuan, we have seen unprecedented levels of activity and transaction on our platform, which further suggests that people are embracing the need for a more globally accessible currency system, and one that does not exclude over one-third of the world’s population. We are excited to play such an important role in powering the world’s shift to a more open, fair and accessible financial system.”

Blockchain describes its goal as to dramatically accelerate the re-engineering and modernization of the global financial system by onboarding millions of individuals across the globe into open P2P transaction networks over the coming years.

To realize that vision, Blockchain is working to build a series of 'localized onramps' into its wallet that will make the acquisition of digital cash fast, easy and inexpensive for both banked and unbanked people across the globe. Most recently, the company announced a partnership with Coinify to accelerate the adoption of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term by offering instantaneous bitcoin wallet funding.