Cryptocurrency can be integrated into Facebook

Mark Zuckerberg studies the positive and negative aspects of cryptocurrencies and how best to use them in Facebook
05 January 2018   1099

Facebook CEO Mark Zuckerberg is interested in studying cryptocurrency and encryption technologies with the aim of their possible integration into the world's largest social network.

According to him, one of the most interesting issues in the technology world is the rivalry of centralization and decentralization, and many are beginning to engage in new technology, because they believe that they can be that decentralizing will give more power to ordinary people.

However, today, says Mark Zuckerberg, many have lost faith in this promise. With the emergence of a small number of large technology companies and the increasingly frequent use of technology to monitor citizens by the state, people are convinced that technology is more likely to increase centralization.

There are important counter-trends to this --like encryption and cryptocurrency -- that take power from centralized systems and put it back into people's hands. But they come with the risk of being harder to control. I'm interested to go deeper and study the positive and negative aspects of these technologies, and how best to use them in our services.
 

Mark Zuckerberg

CEO, Facebook

Last year, experts on security and technology from Facebook and Google announced their intention to defend the "digital democracy" of the United States with the help of blockchain technology.

Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   1007

Casa startup, specializing in the creation of secure storage systems for private keys, introduced a mobile bitcoin application Sats App, which makes it easy to manage Lightning-node.

Sats App is positioned as a non-custodial bitcoin wallet "with unique functions." According to Casa CEO Jeremy Welch, the SatsBack reward program will soon be launched, under which users will receive small amounts in BTC. For example, for connecting an application and a Casa Node device to each other, the user will receive 20,000 Satoshi.

Features are focused on increasing adoption of bitcoin and lightning nodes. You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.
 

Jeremy Welch 

CEO, Casa

He also added that the application, available for iOS and Android, is “secure, private and connects via Tor”.

According to CoinDesk, the startup earlier raised $ 3.5 million from Castle Island Ventures, Boost VC and Compound, and several other investors. Currently, a startup staff of 25 people serves users from 60 countries.