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Author Topic: Where to start with Bitcoin Micro transactions ?  (Read 503 times)
grewalsatinder
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February 27, 2016, 02:42:10 AM
 #1

I want to explore, learn and use Bitcoin micro transactions

So far I came across these videos:
https://www.youtube.com/channel/UC6DYISEPvzPtoJ1clwNtWyg/videos?sort=dd&shelf_id=0&view=0

What other projects have used for bitcoin micro transactions ?

Is BitcoinJ still experimental? Is it secure enough to build service using it ?

What alternatives there are other than BitcoinJ to make bitcoin micro transaction service ?

Is there any library which I can try and learn to use?

What's the most recommended micro transaction library out there to use for bitcoin ?

I don't own 21Inc computer, so that's not an option for me. I know their library is yet to go open source, but I want to learn something today, and just trying to get help to where to start from.

Thanks,
Satinder

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achow101
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February 27, 2016, 02:46:00 AM
 #2

The best would be to use bitcoind over RPC. You can also use Electrum over RPC

BitcoinJ is fully functional but it only works with using it as part of a program.

grewalsatinder
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February 27, 2016, 02:51:51 AM
 #3

The best would be to use bitcoind over RPC. You can also use Electrum over RPC

BitcoinJ is fully functional but it only works with using it as part of a program.

Awesome! if I could just use bitcoind rcp that would be amazing! Smiley

Can you refer me some resource to look at to get started using bitcoind for micro transactions ?

Cheers,
Satinder

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February 27, 2016, 03:40:28 AM
 #4

The best would be to use bitcoind over RPC. You can also use Electrum over RPC

BitcoinJ is fully functional but it only works with using it as part of a program.

Awesome! if I could just use bitcoind rcp that would be amazing! Smiley

Can you refer me some resource to look at to get started using bitcoind for micro transactions ?

Cheers,
Satinder
Check out the RPC calls at https://bitcoin.org/en/developer-reference#rpcs. What you want is probably the sendmany command.

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February 29, 2016, 03:56:01 AM
 #5

I think the best "Bitcoin Micro Transaction" is a web wallet called XAPO.com, you can send as small as 1 SAT and there are no fees. But if you are looking for something "Self hosted" then the other options that people suggested would be best.

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