Posted on Saturday, March 26 2011 @ 16:00 CET by Thomas De Maesschalck
Google engineer Gavin Andresen presents
BitcoinJ, an open-source Java client for Bitcoin, an Internet currency with a peer-to-peer architecture that eliminates the need for a central bank or payment system.
Bitcoin community member with the avatar “mike” made the announcement earlier this month, stating BitcoinJ is not an “official” Google project, but something developed in the 20 per cent of time Google allows its staff to spend on personal projects.
Commenting on the release, Gavin Andresen, technical lead for the Bitcoin project, said BitcoinJ is exciting because Google is a “big, trusted brand name”.
“I think Bitcoin support in many of their products would make perfect sense,” he said.
BitcoinJ implements the native Bitcoin P2P protocol, which allows it to maintain a wallet and send and receive transactions without needing a local copy of the official implementation.
More details can be read
at CIO.
