Bit-X, one of the world’s leading Bitcoin debit card providers, recently announced a new line of cards to improve the overall user experience. Up until now, the original Bit-X Bitcoin debit card was a TravelCard, and came only in black, with the embossed cardholder name being Bit-X. That lack of variety has now changed with the company now offering a total of eight different cards to choose from.
Cryptocurrency succeeds when people use an application (which is running on crypto in the back end) because it is usable, not because it looks good. The perception of cryptocurrency is still that you can’t use it for too many things.
The idea is to bring transaction fees down to as close as 0 as possible, which is where microtransactions would come in. By not having every full node processing every single transactions, we could reduce transaction fees significantly.
Sidechains and hypercube chains are interesting ideas, but not an actual solution to this problem. There is a more modest approach, by solving more restricted problems.