Great thanks for all the helpful info Ondoma.

Was leaning towards my own bitcoind implementation - this confirms pretty much what I suspected. Thanks for the confirmation.


Great I didn't realize the unconfirmed transaction was propagated immediately.

My reasoning here is I can let a user start playing almost immediately.  It's more important to to me to give a better user experience and allow instant access.

I understand the concept of a hot wallet and cold wallet - but thanks for pointing this out.

What I was interested in was more around some strategies for secure storage of private keys server side in regards to encryption/locking down bitcoind wallet.dat etc.....

Hey guys,

Started actively following bitcoin only a few months back but am totally hooked, bought my first coin and have enjoyed the rollercoaster ride so far!

I've got a few dev related questions - but unfortunately I couldn't make this post in the dev section as I'm only new to the forums.

Mods: hopefully this finds it's way to the right people

--

As a developer (PHP) - I'd love to build out a few ideas but am a little stuck on a couple of things.  Any help (or links to helpful info!) would be great.

I was planning to use the blockchain.info API to carry out transactions - however now am considering using the PHP_RPC api using my own bitcoind server ... can anyone point out any compelling reasons to choose one over the other...

Also..

1. How long does it take for a 0 (1?) confirmation transaction to fully propagate the network -

ie/ what the absolute shortest time we can find out a deposit has been made to an address (dis-regarding the double-spend problem)

2. I have a bitcoind server running - my blockchain is up-to-date - how can I discover the current BTC at an address?   Are there any scripts available to easily determine this?  Or better self hosted API's??

Is there a way to easily determine the latest inputs/deposits and their amount to an address?

3/ Re: private key security - In bitcoin games which allow users to withdraw BTC from their personal deposit address - what is the best strategy to store/secure the private key for that public address.




Thanks!