Title: Implementing Instant Transactions in game with betting Post by: fork on December 27, 2011, 07:44:21 AM What is the consensus on how to make instant transactions work in bitcoin while of course avoiding double spending. I've heard of various things like green address.
But consider implementing some generic game on a website that involves betting with bitcoin. How would you make instant transactions work given the following constraints.
Title: Re: Implementing Instant Transactions in game with betting Post by: n2liquid on December 27, 2011, 09:12:48 PM Hi, fork
I also wonder if there's a way to allow instant transactions without losing the properties of the Bitcoin network. At first it just seems impossible, because if it was possible, the network would probably do it already. But on a second thought, the very fact that we don't want it to work globally, but only in a restricted network, is a property that we're losing (compared to the big Bitcoin network) and that may give way to the possibility of making instant transactions. Title: Re: Implementing Instant Transactions in game with betting Post by: Peter.C on December 28, 2011, 05:26:48 AM Instant transactions would be a great thing, no one hates having to wait ~30 minutes for money they will get, but as n2liquid said, their must be an important reason for it.
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