Bitcoin info block

One of Bitcoin’s most popular wallet and block explorer, Blockchain.info, has acquired ZeroBlock, a leading mobile application for iPhone and Android devices, according to an official announcement earlier this week.

Alongside Bitcoin, both companies have experienced an explosive growth and the timing was noted as perfect to combine forces. In November, Blockchain.info had added nearly 300, 000 users, and ZeroBlock saw an influx of downloads with the release of an Android version in addition to its success on iTunes for its iOS version of the app.

Acquisition Paid For In Bitcoins

Forex Magnates’ reporters spoke with Blockchain.info’s CEO, Nicolas Cary, during a phone interview following the announcement, who said how the deal was paid for in Bitcoin and structured as a partial upfront payment with a future revenue share as part of the terms, although could not divulge the specific amounts involved as the figures have not yet been made public.

ZeroBlock is a mobile app developer for Bitcoin users who need the latest exchange data with up-to-the-minute breaking news and charts.

Blockchain.info is widely used by Bitcoin aficionados to explore transactions posted publicly to the official Bitcoin blockchain where all Bitcoin transactions are recorded within the Bitcoin network, as well as providing a wallet feature for users to store and hold the digital currency.

Altcoins Not On Blockchain.info’s Roadmap According to CEO

While other alternative coins (altcoins) in the crypto-currency world are gaining traction, during the phone call with Forex Magnates’ reporters, Mr. Cary indicated that his firm is 100% focused on Bitcoin at the moment and how other digital currencies were not on its company’s roadmap.