Bitcoin Forum

Other => Beginners & Help => Topic started by: lesh on June 26, 2011, 10:47:53 AM



Title: mybitcoin.com merchat services questions
Post by: lesh on June 26, 2011, 10:47:53 AM
hi, I'm writing a bitcoin accepting service, I plan to handle all the payments myself, but for comparison, I've checked out a mybitcoin merchant services and their Payment Button. and its super fast. it detects payment a few seconds after it was sent. how is this possible? also, how can they protect themselves from double spending if they accept unconfirmed payments?

thanks


Title: Re: mybitcoin.com merchat services questions
Post by: Alex Beckenham on June 26, 2011, 10:52:06 AM
also, how can they protect themselves from double spending if they accept unconfirmed payments?

They make up for it by refusing to refund over-payments.