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Author Topic: The choice of alt for micro-payments with a micro-earnings service. Need advice  (Read 82 times)
2captcha (OP)
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December 22, 2017, 04:39:37 PM
Last edit: December 22, 2017, 04:56:05 PM by 2captcha
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We are 2Captcha.com - an online CAPTCHA-bypassing service that relies on human data entry to solve captchas and now we are asking for an advice from the Bitcoin community.

Our staff are people from all over the world, mostly from Asia and South America. They doesn't earn too much and usually make withdraw their earnings with small amounts like $1 - $3. So we were always looking for a method to make such small payments without interaction with lots of payment gateways.

At one point Bitcon was the solution due to it's worldwide availability and low fees. We make lots of payments, for example you can take a loot our last wallet used for these payments: https://blockchain.info/address/1R6a9QqegrVZdRcvcWxa4E978kwiErMB2

Normally we pay 25-30 satoshis per byte and it's enough. But since  December 7 we have to pay about $2.5 per payment to one wallet. And it's a huge and unreasonable fee for $1 - $3 payments.
So now we faced again the problem with payments to our staff - we can't make small payments to our staff.

Now we are going to use direct payments on Coinbase, Uphold and Coins.ph to decrease fees, but that's just a temporary solution.
And now the problem is that a worker who received his $1 can't spend them because he should pay a fee that is higher than his $1 (excluding payments within Coinbase, Uphold or Coins.ph).

We ask you to suggest a cryptocurrency which will be useful for our case, which will allow to make micropayments from $0.5 and that is popular enough like Bitcoin.

Initially we wanted to use Etherium, but cryptokitties screwed it up and fees are too high there now.
We don't want to use BitcoinCash because it's doesn't look better than Bitcoin and fees are low only due it's unpopularity. Difference in block size is just 8 times (1MB vs 8MB). So if someday it will become popular it will have the same problems as Bitcoin.

Please give us a friendly steer on that case.
Thanks!
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