January 24, 2019

Bitcoin Venezuela Develops Tiny Mesh Nodes For Off-Grid Transactions

Mesh networks mesh [sorry] very well with the libertarian ethos of BTC, freeing users from the tyranny of state-regulated ISPs. Necessity being the mother of invention, BTC Venezuela are developing a mesh node little larger than an SD card.

A Hot Mesh

Mesh networks are a hot topic right now. They are able to provide robust, secure connectivity in areas where it would otherwise be impossible. Bitcoinist recently reported on the experiments of a Kiwi BTCer using GoTenna and Samourai Wallet to send offline transactions.

But that’s all well and good in leafy New Zealand. The critical use-cases for mesh networks are to maintain communication in the aftermath of natural disasters. Or to circumvent government-enforced internet bans in Zimbabwe. Or to trade crypto in the hot mess that is the BTC hot-spot of Venezuela.

Another Fine Mesh

So given the recent downtime of LocalBitcoins in Venezuela, it’s fortuitous that alternatives are being created. The Turpial mesh node device requires only a battery to enable anyone to send messages or BTC transactions in the absence of internet or mobile signal.

Of course, even a mesh network must eventually find some kind of access to transmit the information to the BTC network.

Mesh You Up

Luckily, BTC Venezuela also has that covered, with the larger Harpia device. This acts as a mesh node, can run a full BTC and Lightning Network node, and connect to Blockstream Satellite. With one of these in the mesh, this means that transactions can be initiated and transmitted to the network without any reliance on local state infrastructure.

bitcoin Venezuela are looking for funding of $50k to pay for 3 months of developer time, in order to finalise and market-ready the devices. A $1k donation will bag you three of the Turpial nodes; enough to set up a mesh network in your living room.

Exciting times ahead for the technology, as shared on Twitter by Blockstream CEO, Adam Back.

#Bitcoin mesh nets brewing… https://t.co/A7VrxpKDbO

— Adam Back (@adam3us) January 21, 2019

What do you think about local mesh networks for transmitting BTC transactions? Share below!

Images courtesy of Shutterstock

Published at Thu, 24 Jan 2019 08:00:41 +0000

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December 4, 2017

Demand for Bitcoin Jobs Surging as Price Continues to Climb

Like the Internet a few decades ago, bitcoin is now becoming one of the greatest job creators. In fact, bitcoin and blockchain-related job listings are at an all-time high on sites like LinkedIn and Dice.

bitcoin is Disrupting the Job Market

The advent of the cryptocurrency is creating incredible new opportunities in finance, business, and industry. As a result, the demand for bitcoin-related services is growing exponentially, which in turn is driving the creation of thousands of new jobs.

Moreover, bitcoin’s rapid evolution to becoming a mainstream financial asset is attracting thousands of new users. As evidenced in the past few weeks, bitcoin’s skyrocketing price trajectory has driven thousands upon thousands to become bitcoin exchange subscribers.

Consequently, bitcoin exchanges such as Coinbase, Gemini, and GDAX have been overwhelmed and shorthanded, unable to respond to such an extraordinary demand. In fact, Coinbase services had to be suspended, for the second time, when bitcoin’s price was nearing $11,000 USD, on December 1, 2017.

As a result, Coinbase is now flooding the social media and job sites trying to hire workers with skills relevant to cryptocurrency technology. In this regard, Bloomberg reports that the number of job postings is surging on LinkedIn:

bitcoin-related job postings as a proportion of total listings on LinkedIn jumped more than ninefold in the financial services industry over the past three years and 4.6 times in the software technology industry, according to data from the career-oriented social network.

The New Economic Model Requires Crypto-related Skills

bitcoin and its blockchain technology, along with other cryptocurrencies such as Ethereum, are creating fantastic new business solutions and good paying jobs.

However, to develop and implement these new business solutions, individuals with skills related to bitcoin and blockchain technology are required. In fact, LinkedIn reports that there has been a spectacular increase of over 500 percent in crypto-related job postings.

The crypto job market is booming. If you are interested in a career in the emerging field of cryptocurrencies and want to explore available job opportunities, you may wish to visit sites such as Freelancer, LinkedIn, Dice, Indeed, or the Coinbase career website.

What are your thoughts about the correlation between bitcoin’s price and the demand for cryptocurrency-related specialists? Let us know in the comments below!

Images courtesy of Shutterstock, Pixabay

The post Demand for Bitcoin Jobs Surging as Price Continues to Climb appeared first on Bitcoinist.com.

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