SatoshiPay has announced that it will be phasing out Bitcoin, and thus Blockchain technology, as its preferred settlement network. Instead, they are partnering with the IOTA Foundation due to faster transactions with much lower fees. Bitcoin has been the original Blockchain technology on which a number of businesses have built their services on. SatoshiPay is just one of those companies to use Blockchain technology, but they are now looking beyond that to a microtransaction Blockchain-less crypto token called IOTA. SatoshiPay began using Bitcoin in 2015 as a system to settle these micropayments, and back then it was a viable option …

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Recent innovative ideas and projects, such as micropayment channels and the lightning network, are creating trustless channels between people so they can transact with each other without touching the blockchain. This could not only save time and memory resources, but it could also help solve the block size problem. The blockchain requires massive memory, which will increase exponentially in the future and cause scalability issues. Developers have had many discussions and debates about increasing the block size from 1 MB to 20 MB. On the one hand, in order for bitcoin to go global, it needs a much bigger block …

At the start of the New Year, we reported that ChangeTip was adding Facebook and Slack integration. The Facebook integration was already there for some users, but Slack had not yet been rolled out to the public. Now, it is. Slack is a collaborative work platform with social elements that takes itself less seriously than other work productivity apps. It functions a bit like a message board with healthy doses of Google Drive, Facebook and Github and is the fasting growing work productivity app of all time. The idea of adding Slack integration is an interesting one. Generally, micropayments are …