PayPal is working on the acceleration of cryptocurrency payments.

PayPal,Bitcoin. PayPal is working on the acceleration of cryptocurrency payments.
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PayPal develops such a technology, where sender and recipient may exchange private keys, so they are not forwarded through the blockchain. This technology was copyrighted in the US. Patent Office.

PayPal’s system creates several secondary wallets, where private keys may be collected and forwarded according to the payment amount. This would mean that the confirmation time would disappear, which is appr. 10 minutes when mining a Bitcoin block.



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