It's always exciting to see an innovation that makes corporate bitcoin usage a possibility.
Anything that gives bitcoin another commercial feature is a win in my eyes.
Topic: [2015-10-20] Coinkite Processes Transactions Faster than Any Other Wallets (Read 276 times)
October 20, 2015, 11:51:08 AM
October 20, 2015, 11:46:41 AM
Coinkite Processes Transactions Faster than Any Other Wallets in the Bitcoin Space
Leading bitcoin platform, multi-signature vault service provider and bitcoin merchant payment processor Coinkite has launched a new API feature called “Advanced Send Command,” which allows bitcoin developers to send a transaction with powerful additional parameters required for specialized bitcoin applications.
Coinkite’s new command enables users to send a payment for up to 1,000 bitcoin addresses at once. This service called “Multisend” has been designed to help the company’s supporting startups to send mass payments to its customers in a traceable way.
UTXO Control
At the request of its customers, Coinkite has introduced a new service called “Send Advanced,” to allow users to have complete control over specific Unspent Transaction Output (UTXO) involvement in a new transaction.
“[Users] can isolate the deposits of a specific customer [of yours.] Use the exact funds they deposited in the next steps of the money flow. This way, if their deposit does not confirm, [user's] account is not “contaminated” with unconfirmed inputs that don’t relate to [user’s] honest customers,” the Coinkite team toldBitcoin Magazine.
https://bitcoinmagazine.com/articles/coinkite-processes-transactions-faster-than-any-other-wallets-in-the-bitcoin-space-1445350740
Leading bitcoin platform, multi-signature vault service provider and bitcoin merchant payment processor Coinkite has launched a new API feature called “Advanced Send Command,” which allows bitcoin developers to send a transaction with powerful additional parameters required for specialized bitcoin applications.
Coinkite’s new command enables users to send a payment for up to 1,000 bitcoin addresses at once. This service called “Multisend” has been designed to help the company’s supporting startups to send mass payments to its customers in a traceable way.
UTXO Control
At the request of its customers, Coinkite has introduced a new service called “Send Advanced,” to allow users to have complete control over specific Unspent Transaction Output (UTXO) involvement in a new transaction.
“[Users] can isolate the deposits of a specific customer [of yours.] Use the exact funds they deposited in the next steps of the money flow. This way, if their deposit does not confirm, [user's] account is not “contaminated” with unconfirmed inputs that don’t relate to [user’s] honest customers,” the Coinkite team toldBitcoin Magazine.
https://bitcoinmagazine.com/articles/coinkite-processes-transactions-faster-than-any-other-wallets-in-the-bitcoin-space-1445350740
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