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ingrownpocket (OP)
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July 18, 2014, 01:05:23 PM
Last edit: December 17, 2017, 10:04:09 PM by Carlos L.
 #1

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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PolarPoint
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July 18, 2014, 01:14:12 PM
 #2

Their API is free. So, everyone uses them and they are overloaded. Their API will not be reliable as long as the service stays free.
arieq
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July 18, 2014, 01:32:56 PM
 #3

Blockchain.info API is just another service where you give up ownership of coins to some shady company.

I would suggest either looking elsewhere or building in some more redundancy by using an additional 3rd party callback notification service. BlockChain.info's service is free, but we're getting what we pay for.


ExchangeCurrency
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October 24, 2014, 03:47:25 AM
 #4

Hi,
i had alot of problems with this Bitcoin API too, specialy the callback URL
after 2 nights of Headaches,i finaly found the problem :p
this is a DEMO, who is interesting to integrate this LOVELY API on his website he can "Check before Buy" here is the link : http://ex-currency.com/btc/index.php
Payment Sent/Recieved/Confirmed IMMEDIATLY
the price of curiosity is 1 USD
Eisenhower34
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October 24, 2014, 03:52:45 AM
 #5

Blockchain.info API is just another service where you give up ownership of coins to some shady company.

I would suggest either looking elsewhere or building in some more redundancy by using an additional 3rd party callback notification service. BlockChain.info's service is free, but we're getting what we pay for.


This is not true. You will always maintain control of your private keys as the private keys are both generated and encrypted/decrypted locally.

As it has been said multiple times above, the blockchain.info API is free, and the saying that you will get what you pay for will likely apply in this situation.
Dabs
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October 24, 2014, 04:05:25 AM
 #6

You can always pay for and run your own full node. Solves a lot of problems, but creates new ones.

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October 24, 2014, 04:11:12 AM
 #7

thanks for your warning
dalek
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October 24, 2014, 09:11:13 PM
 #8

I advice you to stay away from Blockchain.info as much as you can.

It was a good service back in the day when Bitcoin wasn't popular, I guess they don't scale too well.

This might change things for the better:
http://www.coindesk.com/blockchain-grow-further-closing-30-5-million-funding-round/

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bitnanigans
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October 25, 2014, 12:53:03 AM
 #9

I've not used the Blockchain.info API but I've been checking the chain.com API out. It's pretty good, well architected, properly documented and straightfoward. They also send you emails when there are service outages with details as to what might be happening, or what happened.
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