Internet entrepreneur Kim Dotcom promises that his latest two initiatives, Bitcache and Megaupload 2.0, will strengthen the internet and secure it from the prying eyes of the law.
Bitcache, as Dotcom explained on the latest installment of RT’s Keiser Report, will allow websites to use their technology for Bitcoin transactions for internet based services and content at scale.
Dotcom described it as a “microtransaction service utilizing Bitcoin and the Blockchain,” with transactions taking place “off the chain” due to limitations with the number of transactions it can handle.
The off-chain method allows for users to make “millions and millions of transactions” and then reintroduce the bitcoin into the chain when making withdrawals from their funds. – READ MORE