September is in full swing and is starting to heat up, with the end of the summer season activity in the markets.
Will this be the season that altcoins rise to prominence? Keep an eye on the volume and chatter and you never know – this week’s gamble could be next month’s killer use case for digital currency.
Pinkcoin and Sync team up
Users can send dogecoins via email or social media accounts, enabling recipients to create their own wallet via Backslash’s service. The team behind the project said that they took a similar approach to Coinbase in terms of coin management, which keeps their transactions off the block chain and, as a result, free.
CoinDesk spoke with Paul Benigeri and Roneil Rumburg, the co-creators of the web platform, who said that the goal is to make it easy to tip or donate dogecoin, which are arguably two of the key use cases for the coin.
While the infrastructure appears simple, the team goes to great lengths to make sure that private keys are kept away from potential fraudulent access. Rumberg explained that transactions are signed on a computer that is partitioned from the Internet, using a separate device to actually broadcast the transactions.
Rumberg told CoinDesk:
“What we’re trying to do there is air-gap the keys from the Internet.”
Though still in its early stages, the community reactions to Backslash’s alpha were mostly positive. According to Benigeri, the public beta will draw from past participants as well as those in the DOGE community that have been waiting for broader access.
Darkcoin undergoes anonymity review
- ^ Sync (www.coindesk.com)
- ^ pinkcoin (bitcointalk.org)
- ^ UNOCS (www.coindesk.com)
- ^ Danny Johnson (www.wsop.com)
- ^ Backslash (www.backslash.io)
- ^ development (www.reddit.com)
- ^ Coinbase (www.coindesk.com)
- ^ Kristov Atlas (anonymousbitcoinbook.com)
- ^ findings (cdn.anonymousbitcoinbook.com)
- ^ experienced rather than described (bitcointalk.org)
- ^ Shutterstock (www.shutterstock.com)
- ^ [email protected] (www.coindesk.com)
- ^ Dogecoin (www.coindesk.com)
- ^ pink (www.coindesk.com)
- ^ SYNC (www.coindesk.com)