Over a march of 2015, 21 Inc went from a poser startup with no open business devise to one of a industry’s many sparkling and mostly debated companies.
With $116m raised from investors, it’s protected to contend that 21 Inc had high exceptions for a initial product, a 21 Bitcoin Computer, that it released in Sep 2015 to extravagantly varying reviews.
Some developers were perturbed that a Linux-based device formed on a Raspberry Pi could be labelled so high when it would never mine enough bitcoin to compensate for itself. Others argued that a 21 Bitcoin Computer wasn’t a required bitcoin mining product, though rather a height that would clear new use cases for the technology.
In a universe fast relocating towards an Internet of Things, 21’s large thought is to one day embed some-more polished versions of a chips into bland consumer devices.
Writing in a blog post, CEO Balaji Srinivasan spoke about how 21’s technology could one day be used for device authentication, to enable micropayments or even finance a placement of consumer smartphones to a building world.
He serve suggested that 21’s prophesy was not to “build a chip”, though emanate a “full record smoke-stack around a chip” that