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Author Topic: btc api  (Read 1165 times)
dudexer (OP)
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August 20, 2014, 05:17:46 AM
 #1

What does btc api used for? i see it some places.
ThomasCrowne
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August 20, 2014, 07:48:57 AM
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The way I understand it is if your running your bitcoin-qt wallet in server mode it let's people with programming experience make remote call's programmatically.  In other words, all that complicate stuff that you can access from the bitcoin console you can basically do remotely from some programming language.

Reference: https://en.bitcoin.it/wiki/API_reference_%28JSON-RPC%29

fast2fix
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August 20, 2014, 11:42:22 AM
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What does btc api used for? i see it some places.
api's are used for various purposes like making a trading bot or making a price ticker. hope this helped you!!
danynx
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August 21, 2014, 04:53:37 AM
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Those are for automated trading systems or engines..
gweedo
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August 21, 2014, 07:16:04 AM
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Programmatically accepting and sending bitcoins. Check out my signature, the accepting of bitcoins and crediting accounts as well as instant withdraws all make use of the bitcoin api for the bitcoind client on linux.

If you have ever wrestled with credit card apis you see bitcoin as the best invention since sliced bread, just makes life so easy.
johnd7
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August 21, 2014, 02:00:06 PM
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API can be sampled as a mainboard of the software, so it can communicate with others.
cynicSOB
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August 29, 2014, 05:55:57 PM
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What does btc api used for? i see it some places.
api's are used for various purposes like making a trading bot or making a price ticker. hope this helped you!!

no, that's the api of an exchange, not the bitcoin api.
the bitcoin api is used to control and get data from the bitcoind node
you can create transactions to send money or check if you received, but you can't make a trading bot or a price ticker

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Applered
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August 29, 2014, 06:08:33 PM
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same problem. Any one can help ?
MoonTime
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August 30, 2014, 04:48:15 PM
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What does btc api used for? i see it some places.
I guess you quite didn't understood the meaning of API either its Application program interface.Basically they help developers embedding a particular program interface into their own application/software for the ease of use.
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