Author

Topic: Is there a wallet that can schedule transactions? (Read 1106 times)

legendary
Activity: 1498
Merit: 1000
example instead of having to wake up in the middle of the night if you owe someone a payment, have it scheduled to send out, leave the wallet unprotected so funds are stolen before you wake up, maybe even as soon as the funds are available.

FYPFY.  The answer is no and it probably a good idea.  What you are describing is a hot wallet and every major hack/theft of bitcoins involved a hot wallet (from MyBitcoin to Bitcoinica).

why did they all involve a hot wallet? thats one thats always open?
security, they all had a wallet they used for business and it was on a server so running 24/7, making it an easy target to really test and probe to get to the coins
420
hero member
Activity: 756
Merit: 500
example instead of having to wake up in the middle of the night if you owe someone a payment, have it scheduled to send out, leave the wallet unprotected so funds are stolen before you wake up, maybe even as soon as the funds are available.

FYPFY.  The answer is no and it probably a good idea.  What you are describing is a hot wallet and every major hack/theft of bitcoins involved a hot wallet (from MyBitcoin to Bitcoinica).

why did they all involve a hot wallet? thats one thats always open?
donator
Activity: 1218
Merit: 1079
Gerald Davis
example instead of having to wake up in the middle of the night if you owe someone a payment, have it scheduled to send out, leave the wallet unprotected so funds are stolen before you wake up, maybe even as soon as the funds are available.

FYPFY.  The answer is no and it probably a good idea.  What you are describing is a hot wallet and every major hack/theft of bitcoins involved a hot wallet (from MyBitcoin to Bitcoinica).
420
hero member
Activity: 756
Merit: 500
Searched but couldn't find one, since pools send payments automatically, wouldn't it be great to schedule payments that go out after you know your funds will be in your wallet?

example instead of having to wake up in the middle of the night if you owe someone a payment, have it scheduled to send out, maybe even as soon as the funds are available

easy could be done in php with cron jobs with a bitcoin client running and rpc commands

that's complicated

something with a GUI
420
hero member
Activity: 756
Merit: 500
Searched but couldn't find one, since pools send payments automatically, wouldn't it be great to schedule payments that go out after you know your funds will be in your wallet?

example instead of having to wake up in the middle of the night if you owe someone a payment, have it scheduled to send out, maybe even as soon as the funds are available
Jump to: