It has been brought to my attention that Uro has successfully raised enough funds to be supported by BlockCypher. As I had never heard the name BlockCypher before, it intrigued me to find out what is going on exactly.
BlockCypher is a company powering block chains in the cloud. Not something most of us would ever think about, but you can immediately see the potential. It is comparable to Chain, which we covered yesterday, but for any digital currency out there.
When you are a digital currency developer, you want to be able to create the best application possible. BlockCypher offers a web API which lets you do exactly that. By offering a platform that is easy-to-use, secure and reliable, you can see why coin developers would take an interest in BlockCypher.
(We will do a far more in-depth article about BlockCypher later this week, and hopefully the fine folks over there will grant us a written interview as well!)
Now, what has all of that goodness to do with Uro? Good question, although the answer is fairly simple. Uro will have its own blockchain living in the cloud, thanks to BlockCypher. All they had to do, was raise 10 Bitcoin , and they did just that. (The original setup costs $6,000. with a $200 monthly maintenance fee.)
The integration of Uro with BlockCypher will allow for the delivery of secure and high performance lightweight wallets, even when your internet connection is slow. The following can be done without communicating with the Uro blockchain from mobile devices :
1. Create transactions in the cloud at high speed, then sign them on the device: fast and safe
2. Display latest transactions when the user wants to see them, instead of constantly listening for new transactions: saves battery
3. Fast, cloud powered single shot transaction broadcasts via the cloud: saves bandwidth and time
4. Redundant servers running in data centers: high availability without latency in waiting to connect to nodes
Original announcement :
This partnership between Uro and BlockCypher will also come in very handy for the development of Nuro. Nuro is the HTML5 mobile/web wallet for Uro which is currently in development, and which will feature a BTC/fiat buy feature at some stage.
As BlockCypher is the best server-side backend for Nuro, it will provide a very fast mobile/web wallet which is not as battery consuming compared to other clients out there. Very interesting times are ahead of us, ladies and gentlemen
Original announcement about BlockCypher and Nuro :
We will keep an eye out for further announcements and developments in regards to Uro, Nuro or any related projects, and keep our readers updated accordingly.
Find out more about BlockCypher : http://www.blockcypher.com/
Uro donations : UeHPK3cEQi89Z53htn3S5mBqRmCFguBGZv