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Author Topic: mybitcoin.com merchat services questions  (Read 590 times)
lesh
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June 26, 2011, 10:47:53 AM
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hi, I'm writing a bitcoin accepting service, I plan to handle all the payments myself, but for comparison, I've checked out a mybitcoin merchant services and their Payment Button. and its super fast. it detects payment a few seconds after it was sent. how is this possible? also, how can they protect themselves from double spending if they accept unconfirmed payments?

thanks
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Alex Beckenham
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June 26, 2011, 10:52:06 AM
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also, how can they protect themselves from double spending if they accept unconfirmed payments?

They make up for it by refusing to refund over-payments.

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