Financial News

Bits of Proof launches worlds's first enterprise-ready Bitcoin server

By: PRLog
PRLog - May 15, 2013 - BUDAPEST, Hungary -- Bits of Proof announced today that it will unveil the World's first enterprise-ready Bitcoin server at the sold-out Bitcoin 2013 conference in Silicon Valley this weekend (www.bitcoin2013.com).

"It has been a tremendous effort," said Tamas Blummer, Founder and CEO, "but given the pain we have seen developers endure while working to integrate with the Bitcoin protocol, we feel it is overdue. Our solution implements the consensus protocol compatible with Satoshi’s original proof of concept code, but enables rapid and easy deployment of extensions and applications on the Bitcoin network."

An engineer and financial risk manager by training, Blummer's career has spanned decades leading teams and developing trading technologies for Deutsche Bank, MSCI, and Morgan Stanley. An active member of the forum of core Bitcoin developers, Tamas is known by many as simply "grau".

"Bits of Proof takes something brilliant, Satoshi's protocol, and makes it easy to use," explained Chris Farkas, fellow banker and technologist, "BOP servers offer unparalleled scaleability, modularity, and extendability for developers -- allowing them to focus on innovating, not integrating. You could think of it as the Red Hat of Bitcoin."

As a special offer to Bitcoin 2013 attendees, Bits of Proof will be giving away complementary three-month access to a BOP Enterprise Bitcoin Server (a $650 value) for those registering at the exhibit booth (#28). The offer includes entry level support and enables the developer to securely create, deploy, and support their Bitcoin applications with virtually zero setup time and hassle -- dramatically accelerating the time to market for their applications.

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About Bits of Proof

Bits of Proof is the leading enterprise implementation of the Bitcoin protocol. The BOP Enterprise Server implements the consensus protocol compatible with Satoshi’s original proof of concept code; it is the only enterprise-ready implementation of the protocol that enables rapid and easy deployment of extensions and applications on the Bitcoin network. Bits of Proof offers commercial support, maintenance, and hosting to developers for its Open Source, community reviewed software. Learn more at: www.bitsofproof.com

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About Bitcoin

Launched in January 2009, Bitcoin is a decentralized peer-to-peer payment system, entirely regulated by its users. Whereas legacy payment systems rely on third-party intermediaries for access, execution, and management, Bitcoin transactions are secured through a distributed computing network, seamlessly enabling direct monetary transactions. The supply of Bitcoins is regulated by software and cannot be manipulated by any government, bank, organization or individual. There have been more than 11 million Bitcoins created to date, with 21 million maximum possible. Visit www.bitcoin.org for more information.

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