Bitcoin Microtransactions: The Future is Now by Vlad ...
Microtransactions or Small and Quick Payments with Bitcoin ...
Bitcoin for Buskers - a Case Study in Micro-Transactions ...
Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Syscoin - The blockchain platform for real money, assets, and blazing-fast token payments that scale
Syscoin Platform provides permissionless interoperability, token and asset microtransactions that are scalable, and bitcoin-core-compliant security. It interoperates today with any Ethereum standard ERC-20 token without involving market-driven mechanisms, counterparties or liquidity providers. Syscoin Core provides a SHA-256 merge-mined proof of work blockchain.
Can WSJ please allow bitcoin microtransactions to view individual bitbeat articles?
Whenever anybody posts a WSJ article and breaks the paywall I send that person $0.25. Maybe WSJ could dip its toes into accepting bitcoin specifically for bitbeat and allow people to purchase individual articles.
Does LN *really* solve Bitcoin's microtransaction issues? A question about opening/closing channels.
This is just an attempt at clarifying my understanding of the Lightning Network. Suppose i want to send 5¢ to Bob, whom I just met online (hence I have no open channel with). The naive way to do this is by sending a regular Bitcoin transaction with value of 5¢ + fees, which is not feasible nowadays, and probably will never be. The slightly smarter way is to use LN; that's the whole point, lower fees, faster, etc. So I open a payment channel Me<->Bob, commit funds... Ah! This is an on-chain transaction, so I better fund the channel with a decent amount of money to avoid fees eating everything up for dinner. But that defeats the idea of a "microtransaction", doesn't it? The way I suppose the developers intended this to happen is to take advantage of the fact that LN is (or will be) indeed a netwok. That is; if I have a payment channel open with Carol, and she happens to have an open channel with Bob, I use the trustless advantages of LN to send money to Bob. However, does that require the channel Carol<->Bob to have enough funds to support my transaction (and all future)? Furthermore, if Bob wants to "cash out" his LN funds to the blockchain (the money I sent to him), is he is limited by Carol's channel availability? These are the pair of things nagging me; I think a simple example on the website would work wonders. If you've gotten here, thank you for reading!
Using bitcoin microtransactions & updated mobile apps to help accelerate OSM PoI contributions
I'm in the process of building an app and don't want to keep using private POI sources like Google or Foursquare. I think OSM is such a vital resource but it doesn't seem to have the critical mass to keep itself updated and thus competitive from a developer's standpoint. I was thinking of trying to create an open-source mobile app that would be similar to Foursquare; now Swarm in functionality, where you 'check-in' to places, update place data, easily create places and in doing so earn points and reputation. You would also earn points/reputation by checking other people's contributions for validity. The data would be associated with people's accounts and dumped back into OSM or to an independent FLOSS database that OSM can access. The points would be exchanged for bitcoins that the app would gather through donations and fundraising. Ideally I'd distribute points towards early adopters and power users, the more people using the app, the less the points are worth. Eventually just becoming an easy way to contribute/update data. I wanted to know how the OSM community would feel about something like this? Criticism? Help? Suggestions? Update: To people asking me if I've created a project, the answer is yes! I came up with the name DemoiGe, Ancient greek words for the plural of an democratic populace and the prefix for earth. I also made a logo, setup an organization on github, bought domain names in the .org/.com zone, and wrote up an IndieGoGo campaign. I'm only going to link to the github organization because I'm posting here for help/suggestions not fishing for donations/hits. My coding ability is medicore at best, my plan if nobody wanted to help me was to create a hybrid app using meteocordova. All help is appreciated. https://github.com/DemoiGe
Strawpay (developer of Stroem protocol to enable Bitcoin microtransactions) receives 500,000 SEK grant from Vinnova, the Swedish government agency that administers state funding for research and development.
How are Bitcoin microtransactions good for a business?
I understand how Bitcoin micro transactions can be a huge benefit to people using Bitcoin as a day to day payment method. But in a world where bitcoin can fluctuate as much as 10% in a single week, how do you expect a Starbucks to keep its prices dynamic to match these fluctuations as to not sell you overpriced goods in a matter of weeks.
Could Bitcoin microtransactions provide an alternative to advertising?
I really hate advertising. I love online content though. I would gladly pay to compensate content creators. I recently donated about $10 in BTC to Veritasium (a Youtube creator who makes excellent videos about physics) using BitcoinTipper, but I don't think he'll go through with claiming it for that level of money. https://twitter.com/Heartbourne/status/340289050013491200https://twitter.com/bitcointippestatus/340289294344278016 I'd really love to see these sorts of content channels accept BTC. Who do you think could be convinced that we could donate a worthwhile amount of money to in order to convince them that there are alternative ways to get paid for quality content?
Bitcoin Microtransactions: The Future is Now. Vlad Dramaliev. Follow. Mar 1, 2016 · 8 min read. During the past few years we have witnessed a number of hypes in the Bitcoin sphere that have led ... Bitcoin (Symbol: BTCUSD) was going to hit $20,000 by the end of this year on inflation worries. Unfortunately, that now seems unlikely to happen. It is visible in the manner the... Yashu Gola 6 hours ago; Bitcoin Could Plunge to Sub-$10,000 Before Rocketing... Bitcoin is flashing some signs of short-term strength as it rebounds from its daily lows This rebound, although strong, has not been ... The Bitcoin (BSV) blockchain maintains a public ledger that keeps a record of all the transactions that ever happened. Each node on the network has a complete copy of the ledger. Mining is the process in which new transactions between parties are verified and added to the Bitcoin (BSV) public ledger and how the blockchain is secured. Thus, However, “Bitcoin has the potential to help this problem by generally lowering fees. But things get really powerful with off blockchain transaction (…), because it literally brings the fees down to zero”. Coinbase finishes the statement with a look into the future. As stated by the platform, “nine out of 15 teams at the Bitcoin Conference hackathon used our API, and built some great ... Fortnite-Like Game Bitcoin Microtransactions October 28, 2019 Bitcoin. The blockchain technology and cryptocurrencies had already established a strong foothold in the industry of video games. We have already seen the solutions that emulate crypto mining and trading, attach real value to the in-game virtual items like skins and artifacts, and reward developers for their contribution to the ...
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