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Merchant-friendly payments: less than perfect, but better than before

7/12/2013

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There is a very interesting glimpse into the future improvements that are coming into the Bitcoin network. 

The most notable improvement would be the inclusion of digital certificates much like online purchasing over the internet. 

According to the article posted on CoinDesk, 


" In the new system, the customer will send their payment to the merchant, encoded with extra information, including some of the information in the payment request as a reference, along with a refund address in the event that the merchant needs to send funds back. "


This will go a long way to improving the ease of use for Bitcoin and continue its adoption into the mainstream commerce engine...especially online.


CoinDesk Article - http://www.coindesk.com/merchant-friendly-payments-less-than-perfect-but-better-than-before/

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