1. Concept

2. History

3. See also

4. References

Concept

The general concept of Bitcache is that it provides an online reward structure for online content providers. By linking every file transfer to a small bitcoin microtransaction, the Bitcache system provides a feedback mechanism to users with a value associated with each download.^[1]

The solution breaks bitcoins down into "Bits" worth a millionth of one bitcoin, with payments using Bits taking place on the Bitcache platform, not in the main blockchain.^[3]

Bitcache lets creators including musicians, filmmakers, media organizations, YouTube vloggers, and bloggers accept payments as low as $1 from their audience.^[2]

History

In October 2016, a public funding campaign on BnkToTheFuture raised more than 1 million USD to fund the platform, with the first half raised exclusively through bitcoin investment.{{fact|date=November 2018}}

The project planned to announce a stock and cash merger with a publicly listed Canadian company on January 20, 2017, which would have provided additional startup funding of $12 million and valued Bitcache at $100 million. These plans were blocked by the Canadian Securities Exchange. In August 2017, a live demo site opened to 10,000 users who requested early access.^[2]

See also

• Bitcoin network

References

• Yunna Morits
• Yunnan
• Yun-Nan
• Yunnan Bulls
• Yunnan cuisine
• Yun-Nan Fu
• Yunnanozooan
• Yunnanozoon
• Yunnan Province
• Yunnan tea
• Yunnan tea (black)
• Yunokawa Onsen (Hokkaido)
• Yunomae
• Yunomae, Kumamoto
• Yunotani, Niigata
• Yunotsu, Shimane
• Yun Posun
• Yun Po-sun
• Yun Range
• Yunreng
• Yun Seondo
• Yun-seong (Soul)
• Yun Shouping
• Yunsi
• Yun Sondo