MAR 10 Digest: Factom and Tether Announce Partnership, Reddit Accepts Bitcoin for Merchandise

Factom and Tether enter into a partnership to share each other’s Bitcoin 2.0 tech, Reddit announces that its merchandise store is now accepting bitcoin, and more top stories for March 10.
Factom and Tether Announce Partnership
Two of the leading Bitcoin 2.0 companies, Factom and Tether, have announced that they have entered into a partnership to share each other’s technologies. Factom has made headlines because it allows large sets of data to be stored in the blockchain, while Tether ‘pegs’ bitcoin, the currency, to fiat through a token currency.
Reeve Collins, Co-Founder and CEO of Tether, said:
‘With Factom integration, Tether.to wallet users can take comfort knowing that transactions will be forever etched into Bitcoin’s rock-solid blockchain for public inspection.’
Reddit Accepts Bitcoin for Merchandise
Reddit announced on Twitter that its merchandise store, RedditMarket, is now accepting bitcoin. The long-awaited decision was well received on both r/bitcoin and Twitter, as Reddit is not only a popular Bitcoin hub but was also one of the first big names to start accepting the cryptocurrency for Gold subscriptions back in 2012.
Threshold Signatures are a ‘Significant Milestone’ in Bitcoin Security
A group of six researchers from the City University of New York, Princeton University and StanfordUniversity, released a paper on March 8, introducing the first threshold signature scheme compatible with Bitcoin’s ECDSA signatures. Qualified as “stealth multi-signature,” threshold signature is said to become a standard for Bitcoin wallet security and holds the promise of overcoming the limits of multi-signature wallets.
The paper reads:

This post was published at Coin Telegraph on 2015-03-10.

Comments are closed.