From our desk
Any transaction, from almost all standard wallets that offer a high priority service or create a dynamic network fee calculation, will be approved and guaranteed with 0-conf requirements by the GAP600 system. We’ve established various simple best practice guidelines for service providers to communicate to their depositors & payees to ensure instant confirmation by GAP600 service. Here they are…
Online crypto dice and lottery gaming service DuckDice has enhanced the platform’s customer experience (CX) by integrating GAP600 to enable instant and secure crypto deposit transactions. Launched in February 2017, DuckDice is a unique cryptocurrency-based platform that offers enjoyable and engaging Provably Fair dice and lottery games, a cryptocurrency exchange, and news and forum services to registered members within a lively community of active players.
GAP600 facilitates instant, risk-mitigated cryptocurrency commerce by enabling exchanges and payment processors to recognize unconfirmed Bitcoin, Bitcoin Cash and now, Bitcoin SV transactions as final. The company’s proprietary risk engine analyzes and performs live risk scoring for each transaction as it reaches the mempool, which enables the company to guarantee cryptocurrency payments before they reach the blockchain, providing an instant customer experience for crypto deposits and payments.
Unfortunately, without mass adoption, the network will remain largely unused and will, therefore, fail to realize its grand destiny. It’s similar to holding a winning lottery ticket but never cashing it in, or operating a cargo ship that always runs at just 2% capacity. Without usage and adoption, the potential to extract the full economic value falls short. We’ve been distracted from this reality amid the hash war and hard fork melee and the prevailing bear market.
Why be passionate about Bitcoin? It’s very simple; it offers a path to greater economic freedom, which leads to prosperity. Money is a means of exchange, all other characteristics flow from this primary attribute. It is a critical and ubiquitous part of our world, providing the means to access goods and services in our daily existence and enabling trade, which underpins our economic lives. The emergence of free, high quality money is a foundational move towards economic freedom....
GAP600 CEO, Daniel Lipshitz, chats to CoinGeek about the relationship between Bitcoin and economic freedom.
Watch Daniel Lipshitz’s presentation at CoinGeek Week in London, 2018. Daniel unpacks the concept of private money, and the reasons to be passionate about Bitcoin.
Bitcoin and Beyond interviewed GAP600 CEO, Daniel Lipshitz about Austrian economics, the 2018 hashwar, and Bitcoin philosophy.
The Bitcoin Cash (BCH) ecosystem, like other coins, can be described using a non-perfect analogy of free market farming. Consider the hypothesis that the more people consuming a standardised produce, the greater utility everyone gets from that produce, and the size of the farm defines market share and influence on the produce standard. The farmers are the cryptocurrency miners; developer groups build farming technology/seeds; exchanges/wallets sell and store the produce, and consumers are users of the coin - the ultimate drivers of value.
The estimated value of the global sports betting market ranges from $700 billion to $1 trillion, with the online gaming industry expected to reach $59.79 billion in volume by 2020, reports The Daily Hodl. It's a massive market with an ever growing number of gaming and betting platforms, including an explosion in Bitcoin casino options.
The pace and intensity of technological innovation continues to reshape the payment industry. Traditional institutions need to innovate in the face of rising disruption from fintech providers, while consumers increasingly demand seamless, frictionless and more efficient payment experiences beyond the vanilla credit card, EFT and cash payment options.
Last summer we launched GAP600, a service that guarantees zero confirmed bitcoin transactions for any wallet. Essentially, we enable instant acceptance of bitcoin transactions before they’re actually included in a block. To this end, we analyze and score every single bitcoin transaction on the network.
Case Studies & Announcements
GAP600 is excited to announce that we have concluded a partnership agreement with Cinnober, a leading global independent provider of exchange and real-time clearing technology, to enable instant cryptocurrency deposit transactions on the company’s exchange platform.
Brazil-based crypto exchange and multi-coin wallet service, MyCoinDeal (MCD) has integrated GAP600 into its service offering to enable instant and secure payment and transaction confirmations.
Founded in March 2017, MCD is a global and professional digital coin service provider that leverages a proprietary system to deliver a highly secure, stable and user-friendly platform for the global cryptocurrency community.