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Author Topic: Blocks of Crypto -- a Minecraft-Crypto Concept  (Read 804 times)
SFR10
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May 24, 2024, 11:48:49 AM
 #61

Edit: One more question... is Bitcoin still the best cryptocurrency, in your opinion, to use for such a project, or would an altcoin like Ethereum serve the purpose better? (Or a token?)
I have yet to reread all of the previous posts, but if your main concern is with the micro-transaction part [specifically referring to withdrawals], then you can always utilize scheduled batch payments [e.g. twice a day] for Bitcoin withdrawals.

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Vod
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May 24, 2024, 04:05:31 PM
 #62

Edit: One more question... is Bitcoin still the best cryptocurrency, in your opinion, to use for such a project, or would an altcoin like Ethereum serve the purpose better? (Or a token?)
I have yet to reread all of the previous posts, but if your main concern is with the micro-transaction part [specifically referring to withdrawals], then you can always utilize scheduled batch payments [e.g. twice a day] for Bitcoin withdrawals.

If you are dealing with micro transactions, bitcoin is not a good idea unless you hold onto their balance until they have a minimum. 

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May 24, 2024, 04:33:56 PM
 #63

I have yet to reread all of the previous posts, but if your main concern is with the micro-transaction part [specifically referring to withdrawals], then you can always utilize scheduled batch payments [e.g. twice a day] for Bitcoin withdrawals.

I have, of course, considered this. Most likely at launch we would be doing daily - at most - withdrawals, for anything below a set amount (probably <$50) for free and anything over that limit optionally instantly but with gas fees deducted. If it takes off, we will make this more frequent (every other hour?) with a percentage/set fee on a whichever-is-higher basis.

If you are dealing with micro transactions, bitcoin is not a good idea unless you hold onto their balance until they have a minimum.  

There will be a minimum to withdraw, as the game will likely include some way of generating or making a balance without depositing anything in the first place. Something to reward progression, funded by other fees or in some other way.



I've reopened my old source code and am downloading a LAMP instance + the latest papermc to test what I had going previously. I remember working on this while in camp during downtime and in the evenings when I had nothing to do. Looking forward to restarting this project.
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