How bitcoin payments should work
: Bitcoin, Payments: Written by aosmith : 11-24-2013
Bitcoin needs a physical merchant payment system. An ambient backscatter type device could provide a truly elegant solution, to what is a mildly complex problem. A solution of that quality may be several years or more away. This device will require some computing power. To maintain security transactions must be signed on a device carried by the user. This could look something like Trezor, but I’d prefer it to look and feel more like coin. Regardless of the form factor there should be a “2-touch” process, where the users’ device receives transaction details from the merchants gateway, the user is …continue reading