A new way to make Bitcoin transactions

To begin with, he says that one of the threats to Bitcoin? is the end of Internet neutrality.

And this threat is very real. Especially since a few weeks ago, the new boss of the Federal Communications Commission (FCC), Ajit Pai, authorized the restriction on access to certain Internet services. From now on, it will be possible to block? access to several contents or search engines.

This is where the pioneers of the private portfolio, Bitcoin? Samurai Wallet?, come in. He announced a few days ago, the creation of a new application that will make transactions in Bitcoin?, via SMS.

Code name: Pony Direct.

Thus this application should be an innovation allowing a better resistance to censorship.

New Bitcoin? payment app: Pony Direct

The developers of the Samurai Wallet? portfolio, explained that it will now be possible to transmit Bitcoin? transactions via SMS.

In fact, even if Internet connections are closed or blocked, it will still be possible to complete a transaction?.

It should be noted that this new application is available on GitHub. Specifically, its purpose is to circumvent any Internet censorship at the location of the sender.

For example, we know that in 2016, a large number of countries tried everything to block? access to certain specialized social media.

To name but a few, India, Saudi Arabia, Brazil, Congo, Turkey, Syria, Algeria and others ....

How does Pony Direct work?

The Samurai portfolio development team explained one of the problems they face:

"The problem is that since the SMS can only contain 160 characters, you have to find the way to send as many SMS as possible to communicate the bitcoin? transaction? to the party able to broadcast it on the network. The first SMS in the sequence contains information about the total number of SMS messages in the series, the hash? ID that must match the end, a batch ID, a sequencing number, and a portion of the actual hex of the series. transaction?. The following SMSs contain a sequence number, batch ID, and other transaction? hex data. Once the receiving device has accepted the expected number of SMS for the same batch from the same incoming number, the transaction? data is extracted from each message and the entire transaction? is reassembled and pushed to the bitcoin? network. "

It is undeniable that resistance to censorship is one of the main goals of portfolio developers, after security and rightly so.

That's why, in this spirit, other projects are underway. For example, the development team announced:

"We plan to have an iOS version of our wallet? ready for later this year."

But for now, Pony Direct works with open source proof of concept.

However, the idea is that it is an open invitation for the participation of developers in the Mule Tools project.