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Author Topic: [2015-10-20] bitcoin.com: Coinimal Adds PayPal to Crypto-to-Fiat Services  (Read 284 times)
LiteCoinGuy (OP)
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October 20, 2015, 04:37:38 PM
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Coinimal Adds PayPal to Crypto-to-Fiat Services

Aside from PayPal, Coinimal also added Sofortüberweisung, giropay, and EPS (E-Payment Standard) to serve more customers around the world. The company was started during 2014 in Austria by Eric Demuth, Paul Klanschek, and Christian Trummer. They report that the idea of Coinimal came to them after they “personally experienced how hard it was to acquire Bitcoin in the EU.” Coinimal currently offers a EUR 5 reward for users who “verify” an account with government identity papers. The company limits how much unverified accounts can buy or sell.

https://news.bitcoin.com/coinimal-adds-paypal-crypto-fiat-services/

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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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October 20, 2015, 04:53:26 PM
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Whenever I hear the words "bitcoin" and "paypal" in the same sentence I just roll my eyes. Roll Eyes
I don't possibly see those two working in tandem with any sort of efficiency or validity anytime soon Tongue
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