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Author Topic: 2013-07-26 Bitcoin payment processor BIPS abandons Mt. Gox for Bitstamp  (Read 768 times)
ganabb
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July 27, 2013, 05:23:20 AM
 #1

http://www.coindesk.com/bitcoin-payment-processor-bips-abandons-mt-gox-for-bitstamp/

BIPS is a two-year-old payment processor cited by Crunchbase as the largest provider of bitcoin payments in Europe. The Copenhagen-based firm, founded by Kris Henriksen, had been using Mt. Gox to convert between fiat currency and bitcoin. It threw in the towel with Mt. Gox early this week, explaining that the number of sell orders is increasing as merchants embrace bitcoin payments. Mt. Gox continues to be slow processing withdrawals, and is having problems keeping up, BIPS explained.

Creating a Bitcoin client that fully implements the network protocol is extremely difficult. Bitcoin Core and some of its derivatives are the only known safe implementations of full nodes. Some other projects attempt to compete, but it is not recommended to use such software for anything serious. (Lightweight clients like Electrum and Bither are OK.)
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J603
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July 29, 2013, 05:03:49 PM
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Good. I always liked Bitstamp more than Gox.
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