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August 20, 2015, 04:21:30 PM
 #1
Say I have a Bitcoin based marketplace through bitcoind php and json
and in an effort to keep the blockchain clear of dust and relatively "small" transactions, could a user "commit" a certain balance that would be deducted once the balance value (say for example $50) is reached within the marketplace via a multi-sig transaction/contract.

The user could do 5 $10 dollar transactions with 5 different sellers etc

Or is this what Lightning network is?

thanks

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August 21, 2015, 01:09:46 AM
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Why not implement a database of balances, and snacks deposits and withdrawals for buyers and sellers instead?
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August 21, 2015, 04:07:08 AM
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Yes the bvest way to avoid clogging the blockchain with dust payments you could implement a balance which could be stored in a database and from there you could link your users to balances in the database with a JOIN query. It should not be too hard to do.
Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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August 22, 2015, 02:58:29 AM
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Quote from: hexafraction on August 21, 2015, 01:09:46 AM
Why not implement a database of balances, and snacks deposits and withdrawals for buyers and sellers instead?

Wouldn't be publicly audit-able
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