Even I had this question in mind when I first signed up for a wallet
https://blockchain.info/advertise
check that out, and see their stats.
Moreover, they got a neat sum of investments
http://lsvp.com/2014/10/07/why-we-are-investing-in-blockchain/
$30 million and that to in series A
That is really amazing.
Topic: Blockchain.info Bussiness model (Read 1042 times)
I never understand how sites like this can make money merely from tiny ads. How many people actually even click on them? Baffles me.
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
They simply make money through advertising.
If you are referring to sites like blockchain.info (and other block explorers) then it is ad revenue.
They also get affiliate type income by sending customers to merchants like gyft.
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
They also get a small amount for every transaction, furthermore, suppose that a small percentages of the users may forgot or something happens for their money, I am thinking they will consider more limiting rules in the near future.They dont get anything for the transactions. The fee deducted is used purely as miner fee, it can be set to 0 by the sender.
Interesting, I did not know about it, how can we change it then?
In quick send it will send with the default fee. Below that it will show custom send and the fee, change address etc can be set there.
It is recommended that a fee be added, otherwise transactions may remain stuck for a long time.
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Like scars said they make money from ads. The fees you pay are all miners fees.
Just log in and go change it in your wallet settings. You can usually do it in the 'custom send' I think.
Interesting, I did not know about it, how can we change it then?
Just log in and go change it in your wallet settings. You can usually do it in the 'custom send' I think.
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
They also get a small amount for every transaction, furthermore, suppose that a small percentages of the users may forgot or something happens for their money, I am thinking they will consider more limiting rules in the near future.They dont get anything for the transactions. The fee deducted is used purely as miner fee, it can be set to 0 by the sender.
Interesting, I did not know about it, how can we change it then?
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
They also get a small amount for every transaction, furthermore, suppose that a small percentages of the users may forgot or something happens for their money, I am thinking they will consider more limiting rules in the near future.They dont get anything for the transactions. The fee deducted is used purely as miner fee, it can be set to 0 by the sender.
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
They also get a small amount for every transaction, furthermore, suppose that a small percentages of the users may forgot or something happens for their money, I am thinking they will consider more limiting rules in the near future. If you are referring to sites like blockchain.info (and other block explorers) then it is ad revenue.
They also get affiliate type income by sending customers to merchants like gyft.
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
If you are referring to sites like blockchain.info (and other block explorers) then it is ad revenue. Blockchain.info displays ads on their main page, the 'explorer' page and in their wallet. I don't believe they sell any kind of service above that. They are however able to sell very targeted advertisements which can generally command higher then average prices
What encourages companies like Blockchain in development of tools for programmers, for exemple, get bitcoin difficulty, or number of transactions per day....what do they win? I google it, and I found someone saying that blockchain makes money by charging merchants and large transactions at 0.1%. Is that true?
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