Coinbase "acqhires" blockr.io to rival blockchain.info

Coinbase has announced its acquisition of Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term explorer blockr.io and with it, the hiring of two of its key people: software engineer Sašo Matejina and designer Samo Drole.

Blockr.io is a blockchain explorer tool, similar to blockchain.info but with a different twist. It caters to beginners and experts alike through features such as advanced trivia and statistics, and education for newcomers. According to Coinbase, it is "a popular block explorer service that caught our eye earlier this year with its sleek, intuitive design and API. Blockr.io parses the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term blockchain and presents the data to users in an easy to read way."

It also dabbles in altcoins like Litecoin, something which Bitcoin-only-focused services like blockchain.info and until now, Coinbase, have not done.

Coinbase says that for now, blockr.io will continue to "operate as usual".

The move fills Coinbase's need for a blockchain explorer feature. It is an important tool for which blockchain.info, which also offers a secure wallet service, was well-known for but Coinbase lacked. With their industry-leading merchant payment service, their broad offering is likely to offer more stiff competition in the long term.

This is not the first time Coinbase has pulled out its "acqhire" card, whereby a company gains access to key talent through the acquisition of another enterprise. In May, they "acquired the team" behind Kippt and Inc. Kippt helped streamline the organization of content for those researching the web, while Inc streamlined the sharing of links and content within an organization.