Can technology and development of bitcoin be adjusted

[Riginac111]

Just want to know if its possible to convert bitcoin into physical sensitive micro chips as programs, which can be codes with the chips to know the price of bitcoin with any electronic device that's inform of CASH~ point of service (P.O.S) because I think that if such technology should be created or established and embraced, in future with such chips that's like a bank token you can make payment with bitcoin  with less network service of bitcoin confirmation.

Learning is a continuous process BTC

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[Z-tight]

I don't understand you completely, but you can't convert BTC into anything physical, but you can generate QR codes from your address in order to accept payment through BTC and also scan QR codes to pay through BTC.

in future with such chips that's like a bank token you can make payment with bitcoin  with less network service of bitcoin confirmation.

If you are paying with BTC through on-chain, it will always follow the same process of confirmation, and the only way to speed it up is to pay a fee for high priority or if your broadcast it when the network isn't congested. But if the merchant uses a custodial service that converts BTC into fiat immediately, then the process may be faster.

[odolvlobo]

The details in your question are not clear to me, but in general, the feasibility of "physical" bitcoins as a currency has been explored in the past. Initially, it seems like a good idea, but so far it has not been shown to be practical -- primarily because of the cost of making the physical currency.

Now, physical bitcoins are bought by collectors. You can take a look at the marketplace for physical bitcoins here: Economy > Marketplace > Goods > Collectibles

[un_rank]

Just want to know if its possible to convert bitcoin into physical sensitive micro chips as programs,

Yes, you can encode the private keys or seedphrase into a physical design like an actual coin. It is used as collectibles but not very popular for some obvious reasons, like it being potentially stolen.

in future with such chips that's like a bank token you can make payment with bitcoin  with less network service of bitcoin confirmation.

The future of Bitcoin is not in it becoming a physical commodity and it does not in any way make transactions easier except you plan on handing people the physical bitcoin pieces. That will not be smart either cause the person will have back ups of it and can sweep the coins before you do.

You need to identify an actual problem before preferring a solution.

- Jay -

[sheenshane]

Just want to know if its possible to convert bitcoin into physical sensitive micro chips as programs, which can be codes with the chips to know the price of bitcoin with any electronic device that's inform of CASH~ point of service (P.O.S)

It's more likely on-chain transactions, right?
But if you're talking about the Bitcoin wallet and not Bitcoin itself turning into physically sensitive microchips, then you might be wrong about this.
Because we know the fact that Bitcoin is a digital cryptocurrency that exists on a decentralized network, and it primarily operates through digital wallets and online transactions.  So it should be broadcasted by the network or they called it a public ledger.

If this idea is what you meant for, it has existed already.
By using mobile wallets or QR code scanning to initiate transactions, we utilize the existing infrastructure of the payment terminals and didn't require physical microchips or special hardware.

[pooya87]

I don't know about a microchip possibility but what you describe can be implemented into an application that you run on your phone. A hot wallet that stores your keys and transactions (SPV type wallet) and has access to exchange APIs to fetch the bitcoin price live in your local fiat terms.

, in future with such chips that's like a bank token you can make payment with bitcoin  with less network service of bitcoin confirmation.

You can never find a way around on-chain transactions without sacrificing something like decentralization. Even second layer depends on on-chain transaction confirmation. That's because bitcoin is designed this way.

[Riginac111]

I don't know about a microchip possibility but what you describe can be implemented into an application that you run on your phone. A hot wallet that stores your keys and transactions (SPV type wallet) and has access to exchange APIs to fetch the bitcoin price live in your local fiat terms.

Good, if what i said can be put into program and it can be possibly achieve that means that people who is good in coding should work on it, because it seems that something like this will make bitcoin to be more influential to the world if implemented, if I'm a good coders will makes research and program some electronic devices that will add meaning for existence of Bitcoin

[Smartvirus]

Local fiat banks has a way of using USSD codes in archiving banking transactions by some series of steps which makes it compatible for even the least of devices and ensures it’s accessible to all the many customers that can’t afford an internet enable device.

Is that in anyway what your trying yo describe in OP or hoping it could be simulated in bitcoin?

If that’s the case, I don’t think it possible following the decentralized nature of the network. These services works within a centralized system where you’ve got services providers, gateways and banks working hand in hands to archive their goal.

In the case of bitcoin, we’ve got just the network.

[satscraper]

Looks like OP is dreaming about single chip/device with potential to replace the functionality of whole nodes/miners.

The response to such dream is as simple as that.

Such imaginable   chip/device would undermine the   integrity and decentralized essence of Bitcoin, its primary strength that prevents network from been controlled by single entity and make it trustless.  

Furthermore, if  a single chip/device were compromised (for instance by maker)  it would represent a single point of failure or attack, thereby placing all funds transiting trough it at risk.