Bitcoin is the first successful internet money based on peer-to-peer technology; whereby no central bank or authority is involved in the transaction and production of the Bitcoin currency. It was created by an anonymous individual/group under the name, Satoshi Nakamoto. The source code is available publicly as an open source project, anybody can look at it and be part of the developmental process.
The feature will be available natively for users of Trezor when the next update comes in May this year. This will allow owners of the wallet a place where cryptocurrency users can store, send and receive digital assets. to buy from Trezor Suite linking to your bank account, and receive the funds directly into the wallet without the need for centralized a centralized organizational structure is one in which a single node or a small number of them are in control of an entire network. exchanges.
Cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. exchange businesses that allow customers to trade cryptocurrencies for fiat money or other cryptocurrencies. linked to cryptocurrency hardwareTrezor, Invity.io, announced an alliance with the platform a place to buy, sell and store cryptocurrency for the trade of BTC, Swan Bitcoin, which will allow direct purchases through the aforementioned physical wallet.
Direct and programmed purchases of Bitcoin the biggest and most popular cryptocurrency in the world. It is a decentralized digital currency that enables users to make trustless peer-to-peer transactions. by means of Trezor
The announcement was made during the lecture series for this April 8 event. Bitcoin 2022, where representatives of the aforementioned companies shared the stage and described the alliance as one more step to facilitate the investors BTC the purchase and self-custody of their digital digital technologies are these electronic tools that have the ability to generate, store or even process data. assets, so they can dispense with an exchange and the need to leave their funds there in case they want to trade.
The alliance will allowInvity integrate a API aPI stands for Application Programming Interface. It is a set of routines, protocols, and tools for building software applications. APIs specify how software components should interact, such as what data to use and what actions should be taken. de Swan by means of Trezor Suite, the interface handled by Trezor for users to manage their crypto funds hosted on the physical device. As of today, a new button is available that will allow device owners to make purchases of Bitcoin, incorporating the possibility of programming recurring investments, linking the products to a US bank account.
The latter will make it possible to automatically and programmatically execute successive purchases at intervals set by the user, which will allow funds to reach the wallet. BTC according to the planning made by the device owner The safe, and the funds will go directly to the aforementioned hardware.
In this regard, the director and manager of Swan Bitcoin Stephan Livera, commented:
“By offering new users an easy way to buy bitcoins in the amount they want and on the schedule they want, anyone can benefit from dollar cost averaging while keeping their investment as safe as possible.”
Custody custody is a financial institution's legal capacity to keep and preserve financial assets for its clients to avoid asset theft or loss. of funds and centralized exchanges
The move was welcomed by enthusiasts and investors alike, as it is an important step forward for users of Trezor can directly acquire funds BTC without this implying the transfer of them through different platforms before reaching the user’s wallet.
In recent times, various figures in the ecosystem have strongly criticized the issue of custody and the position of centralized exchanges, precisely because the latter as regulated regulation is when something is controlled by a specific set of rules. entities operating in certain jurisdictions would be obliged to withhold funds if the responsible governments so dictate. This was confirmed by the CEO of Coinbase, Brian Armstrong, who despite being against such measures, regrettably had to accept that they would be under a painful duty to comply if they were to do so.
The harshest criticism in this regard was made by the CEO of Squatting, Jesse Powell, who invited users not to leave their funds in accounts of the exchange he presides or other centralized, this in response to the measures taken by the Canadian government to block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain. accounts after the protests driven by the sector of truckers in the country.
These benefits associated with purchases of Bitcoin will be available from the next update for Trezor Suite, which will take place sometime next May.
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Source: Bitcoin Magazine
Version by Angel Di Matteo / DiarioBitcoin