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Author Topic: AutoPayouts from a Wallet  (Read 1023 times)
sherbyspark (OP)
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July 10, 2014, 08:51:08 PM
 #1

Hi, I was building an application, and need to payout automatically every hour or so. Can anyone recommend any services/sites I can use for the same?
basically, the wallet pays out to a few addresses automatically, after each hour.

Thanks
wakhidNkcom
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July 11, 2014, 07:04:51 PM
 #2

if i'm not wrong, your application sounds like faucet
sherbyspark (OP)
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July 11, 2014, 07:16:43 PM
 #3

Hi wakhid, no it isnt. Actually I got the inspiration to know about this from a ponzi scheme running here
https://bitcointalk.org/index.php?topic=664949.0;topicseen   ( Which is now probably Dead)

The scheme paid out 1% every fixed hour to the investors, and I had another idea which might require this, so I was wondering how I can achieve the same.
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July 12, 2014, 08:37:22 PM
 #4

You could setup a cronjob to run a script every hour that gathers which addresses qualify for a payment and use the Blockchain API to send the actual payments. It's a lot like a faucet.

.
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infested999
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July 12, 2014, 08:38:23 PM
 #5

You could setup a cronjob to run a script every hour that gathers which addresses qualify for a payment and use the Blockchain API to send the actual payments. It's a lot like a faucet.

Yup, this is correct.

You need to learn how to use bitcoind.

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Mitchell
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July 12, 2014, 08:43:51 PM
 #6

Yup, this is correct.

You need to learn how to use bitcoind.
Well, he doesn't have to, because he could use the Blockchain.info API, but it would be a lot better, since he wouldn't need to depend on a third party service.

.
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