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Breaking News: Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim
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Breaking News: Circle (CRCL) Sued Over $280M Drift Protocol Hack—What Plaintiffs Claim

Merkle.io’s Blueprint to become the Google for Bitcoin

newsbtc
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Last Updated: October 7, 2020 11:34 am
2 mins read

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As the popularity of bitcoin grows, the number of people with queries regarding bitcoin is also on the rise. We have already found a tool that can answer queries on almost everything, and we call it Google. Now we have a new wannabe in town who would like be cryptocurrency’s own Google.

Merkle.io calls itself the “Google for Blockchains”. Merkle.io is a project by Louison Dumont, a 17-year-old developer who also founded Bitproof.  Bitproof uses blockchain technology to certify electronic files. These electronic files maybe documents, artwork, business contracts or anything digital that you want to protect or obtain a proof of creation for. Coming back to Merkle.io, a lot of features are still under development. At first look, the site looks too simple and boring. But as we dig into various features, the perception of the site changes.

The site seems to support only bitcoin at the moment, with a provision to include APIs of altcoins as well. The charts section on Merkle.io shows a placeholder bitcoin chart along with Coindesk newsfeed. We hope to see live charts soon for both bitcoin and altcoins along with newsfeeds from other sources as well. Displaying bitcoin prices at different exchanges alongside the chart is also a good idea.

Some of the other features available on Merkle.io include a bitcoin address generator that allows users to generate new addresses and corresponding private keys on the site for transactions. We can also look up bitcoin address and transactions on the platform. It is also expected to have features that enable exploration of proof and asset logs.

What we have available online right now is just an outer shell of the product. It will be a while before we can lay our hands on the finished Merkle.io.

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