Bitcoin Forum
November 10, 2024, 02:04:21 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Why do not all exchanges offer transaction batching?  (Read 145 times)
vit05 (OP)
Hero Member
*****
Offline Offline

Activity: 672
Merit: 526



View Profile
January 16, 2018, 03:37:49 AM
 #1

  Some people are asking for Gemini do this. And I see that is not so common. I know that batching transaction will be slower. But there are other problems for exchanges do this? Is there any risk?
achow101
Moderator
Legendary
*
Offline Offline

Activity: 3542
Merit: 6886


Just writing some code


View Profile WWW
January 16, 2018, 03:47:42 AM
 #2

  Some people are asking for Gemini do this. And I see that is not so common. I know that batching transaction will be slower. But there are other problems for exchanges do this? Is there any risk?
It's mostly just slightly harder to implement. There's also a privacy risk because the receivers in that batch can see how much money everyone else in the batch is withdrawing, but they don't really know who those people are, so that's not much of an issue.

vit05 (OP)
Hero Member
*****
Offline Offline

Activity: 672
Merit: 526



View Profile
January 16, 2018, 02:18:45 PM
 #3

  Some people are asking for Gemini do this. And I see that is not so common. I know that batching transaction will be slower. But there are other problems for exchanges do this? Is there any risk?
It's mostly just slightly harder to implement. There's also a privacy risk because the receivers in that batch can see how much money everyone else in the batch is withdrawing, but they don't really know who those people are, so that's not much of an issue.

Thanks.

So I think anyone who wants more privacy or a faster transaction may still have the option to pay a premium for it. As a see there are tons of options for exchanges to implement that could help Bitcoin become cheaper and faster until Lightning network.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!