Sync.com Accepts Bitcoin Via BitPay

Sync.com, an online service allowing users to access and synchronize their files on multiple devices, is now accepting Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term for payment.

The Toronto-based Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term is an alternative to services like Dropbox, competing on the grounds of enhanced privacy, backup and synchronization capabilities.

Privacy is taken very seriously, in line with one of Bitcoin’s ideals. Similarly, Sync emphasizes the encryption of files, and values the notion of 'zero knowledge' systems- those which are occasionally evoked as the ideal forms of cryptocurrency- for information storage.

“Sync's unique, zero-knowledge storage platform guarantees your privacy by providing end-to-end encryption, and only you have access to the keys,” says its site, making reference to another theme that it shares with Bitcoin- keys management.

In a press release, the company says that “Bitcoin compliments Sync’s commitment to privacy by providing users with an encrypted payment option that does not require giving up personally identifiable information during signup.”

CEO Thomas Savundra said that Bitcoin is “a win for customers, and a win for privacy in general.”

The integration is being provided by BitPay.

The first 5 GB of storage are free. Packages of 500 GB and 2 TB are available for $49 and $98 per year respectively.

The service launched in July 2013 and currently claims over 100,000 users (Dropbox currently is said to have 400 million).