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Author Topic: [2014-06-03] Coindesk - How BlockCypher’s Latest Update Could Deliver Gyft to Li  (Read 427 times)
mriou (OP)
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June 03, 2014, 10:35:29 PM
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http://www.coindesk.com/blockcypher-update-gyft-litecoin/

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In rebuilding the Bitcoin client, they generalized it across multiple digital coins and block chains to isolate the different roles outlined in the original Satoshi white paper. Their architecture has modular and separated components which allows them to scale linearly, distribute their software onto multiple sites and support many use cases.

In addition to the Bitcoin, you can now support Litecoin using the exact same APIs. Generalizable to any block chain as well.
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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lewisg
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June 04, 2014, 07:29:03 AM
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I am using app.gyft.com this weekend for this very reason, so I'm glad to hear about the Update.

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June 04, 2014, 09:49:36 AM
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Yes, this is a very good idea. Glad to hear someone is abstracting blockchain data types into one interface.
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June 04, 2014, 10:11:09 AM
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I'm not exactly sure how this works, but I like Gyft. I think they make it a lot easy for people to spend their coins.
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