Monday, April 24, 2017

As Bitcoin Fees Rise, OpenBazaar Looks at Altcoin Payments

As Bitcoin Fees Rise, OpenBazaar Looks at Altcoin Payments

OpenBazaar, an open-source market that allows buyers and sellers of goods to directly create shops and sell goods without fees, restrictions or accounts, is looking to layer multiple cryptocurrencies into its wallet in the interest of offering lower transaction fees. The online market already allows users to pay for purchases in multiple cryptocurrencies via an integration with the ShapeShift.io exchange.

With rising bitcoin fees, Mike Wolf, design lead at OpenBazaar, has proposed supporting multiple cryptocurrencies, noting there are details to be worked out.

Full story at http://bit.ly/2ovCnTw

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