“Payment requests will use digital certificates, the same kind of security technology indicated by a padlock in a web browser. Specifically, the payment requests will use X.509 certificates, which underpin SSL (Secure Sockets Layer), which encrypts data traffic between two parties. The communication between a customer and company will be performed over SSL and will not be part of the so-called ‘blockchain,’ the public ledger that shows bitcoin transactions, Andresen said. The payment protocol will not touch the core code that drives Bitcoin’s network.”
http://www.pcworld.com/article/2046182/bitcoin-upgrade-aims-for-smoother-ecommerce.html
Related posts:
15 year old girl leaves anti-gun politicians speechless
This Graph Shows How Bad the Fed is at Predicting the Future
Who Says the Market Cannot Supply Its Own Money?
Riot Alert: Look Out Argentina, South Africa, Turkey and India
John Whitehead: Is the Constitution Even Welcome Here Anymore?
Internet Archive Federal Credit Union Backed by Internet Pioneer Brewster Kahle
ATS Settles PlatePass Rental Car Ticketing Lawsuit
Zombie Patriot Act Will Keep U.S. Spying—Even if the Original Dies
Rise of the Job Scarcity Meme
America's Punishing Worldwide Tax Scheme
Officer Caught On Tape Taking $2,650 During Untaxed Cigarette Raid
Tennessee judge barred baby name ‘Messiah’, accused of religious bias
Matt Drudge Breaks Up With Republicans, Joins Libertarians
Bank of Finland Report Calls Digital Currency a “Fallacy”
Quite Simply The Biggest Endorsement That Bitcoin Has Ever Received