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Author Topic: how exchanges manage automatic wallets  (Read 435 times)
bitbountyhunter (OP)
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December 25, 2013, 10:44:38 PM
 #1

Hi guys,

I have an idea for a website but will need some sort of automatic wallets transactions. Something similar how exchanges work:

- you make a payment of X coins to an address
- admin (website) releases payments to another address

Basically I need a wallet running on a machine that will update database when new transaction comes in and do auto payments.
I could do the transactions manually but this is not best solution. I would want something hands free.
The best would be web based solution. I had an idea on getting the info from blockchain and cross referencing this to pre-generated addresses but not sure it is the best and most efficient solution.
 
Do you have any pointers where to start or how it can be done?

Thanks a lot!
infinitybo
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December 26, 2013, 02:40:54 PM
 #2

It's not so probable because you must to to the transactions manually.
DannyHamilton
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December 26, 2013, 11:25:20 PM
 #3

Basically I need a wallet running on a machine that will update database when new transaction comes in

listsinceblock

and do auto payments.

createrawtransaction
signrawtransaction
sendrawtransaction

Do you have any pointers where to start or how it can be done?

Thanks a lot!

https://en.bitcoin.it/wiki/Original_Bitcoin_client/API_calls_list
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