Why not implement a database of balances, and snacks deposits and withdrawals for buyers and sellers instead?
Wouldn't be publicly audit-able
Topic: Is this possible with bitcoin right now? (Read 676 times)
Wouldn't be publicly audit-able
Yes the bvest way to avoid clogging the blockchain with dust payments you could implement a balance which could be stored in a database and from there you could link your users to balances in the database with a JOIN query. It should not be too hard to do.
Why not implement a database of balances, and snacks deposits and withdrawals for buyers and sellers instead?
Say I have a Bitcoin based marketplace through bitcoind php and json
and in an effort to keep the blockchain clear of dust and relatively "small" transactions, could a user "commit" a certain balance that would be deducted once the balance value (say for example $50) is reached within the marketplace via a multi-sig transaction/contract.
The user could do 5 $10 dollar transactions with 5 different sellers etc
Or is this what Lightning network is?
thanks
Was
and in an effort to keep the blockchain clear of dust and relatively "small" transactions, could a user "commit" a certain balance that would be deducted once the balance value (say for example $50) is reached within the marketplace via a multi-sig transaction/contract.
The user could do 5 $10 dollar transactions with 5 different sellers etc
Or is this what Lightning network is?
thanks
Was
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