Topic: Sending Bitcoin over Bluetooth? - page 4. (Read 1214 times)

I agree just using radio waves to send bitcoin, in my opinion is very risky since we are sending bitcoin something could easily go wrong in the process and potentially you could easily lose your bitcoin while sending it because comparing it to internet there could easily interfere in the process. But this kind of project is already possible or already done and I already see this topic on the internet for a long time you could check this link:

https://www.coindesk.com/bitcoin-box-can-process-payments-web-connection

Not good way for sending bitcoin using bluetooth because only can make transaction with close mobile phone device, how ever bitcoin is digital currency payment transaction where could send for other country with have far way each other, if keep using bluetooth as way for sending make bitcoin become down as legal currency payment transaction.

It seems to me that transferring any data using Bluetooth is very dangerous, because there will be risks to lose your money.  Of course, it would be nice to use Bluetooth to transfer cryptocurrencies when paying for these goods in the store, because in reality not all Internet services are available.  In addition, my country has such retail outlets where there is still very weak communication between mobile operators, since the room is located in basements or in other places that are difficult to access for the signal.  In this case, bluetooth would provide very good opportunities for paying for goods using cryptocurrency.

Actually sending bitcoin or any altcoin through bluetooth is possible because it is a peer to peer connection. And if this will possibly happen in the future it will much more easier than sending through internet. If this will happen it is a good idea most especially if you dont have an internet connection to send bitcoins or any altcoins.

It is not possible to bridge Bluetooth protocols especially ip addressing in bluetooth connection because it doesn't have IP addressing when transaction will be made on bluetooth, so it is very imposible to get and do transaction over it. So the bitcoin is very hard to made a transaction due to imposible ip addressing of it. TCP and IP are only applicable for internet connections in laptop and personal computers because that will be the one who will network in order to get the ip and tcp protocol of each events. If it will be happen a transaction through Bluetooth it takes some years and time to configure it by the developers and programmers as well.

Possible I think, and it may be a little thing for those honorable persons to develop it. The thing is that bluetooth doesn't have a wide range span of accessibility thus, it would be good for around of people that bluetooth can reach. However, transactions usually happened across the globe so, may be developing bluetooth features isn't as much as necessary, imo for now.

I recently just heard about this that you can actually send bitcoin through Bluetooth connection, but i think you can only send a bitcoin via bluetooth in only a limited distance because every bluetooth device can only make an exchange data for only a short distances using short wavelength UHF radio waves.

it would be better if we could use everything from our Handphones, it really makes it easy for us to trade

But thinking of the technology offered by the ledget nano x, they are connecting the hardware itself to the cellphone so you don't need to have a wired connectivity to your phone, but if you are transacting and sending actual bitcoins or cryptocurrency, your medium there is internet or WIFI. Just to make it clear, you aren't sending bitcoins over bluetooth, you are just connecting the ledger to your mobile device which turns out to have a very different concept. Still, Wireless transactions over internet is what making it possible to send cryptocurrency and broadcast the transaction to the network.

It's not actually powered by bluetooth but it's just most phones today has still the bluetooth function.

But that doesn't mean that it's going to be reliable when someone finally creates a way to transfer bitcoin through it.

I don't use Bluetooth for long now. I try NFC sometimes but not regularly. I prefer some mobile apps in file transfer. But if thru wallet to wallet sending of bitcoin then NFC is a good option, or let's stick to QR code scanning. If there will be something that will develop a no Internet needed transferring from one device to another like an offline wallet. It will be a great development.

I don't think it is great, some mobile devices have a slow Bluetooth connection which is hard to transfer files. I think NFC is way better than Bluetooth to use nowadays when there is no wifi connection. Sending or paying bitcoin using NFC I think is already existing.

This might be an old issue but it completely sounds new to me. I was assuming that for a transaction on the network to be completed, it has to be broadcasted there, which means there has to be an online connection reached.

But I guess the downside of this is that when doing a P2P transaction using a bluetooth connection, not only is it not safe it will have to be like face-to-face. It also keeps the anonymity away from such transactions.

Yeah I agree with some comments.
It's a bit old and slow.
There is a better kind of connection now between two smartphones and this is being done by most application now.
Let us use Xender as an example.
You will be using the WIFI connection to send the file.
The other phone will be opening its WIFI hotspot in his device and the other one will connect.
The good thing is the security because you can input a password thru WPA2 PSK. It is more faster.

Interesting. This could've become a big hit if many people would've noticed it back then. Of course, Bluetooth is not safe by design. But it could be used as a last resort for P2P transactions when the Internet connection is down or even on emergency situations. Maybe someday, another dev team will revive this project to make bluetooth-based Bitcoin transactions more practical for everyday people. For this to become the norm of P2P Bitcoin payments, the Bluetooth protocol needs to implement some kind of encryption for security. With a new version/specification of the Bluetooth protocol, we might see this become a reality sometime in the future.

Until then, only NFC and QR-code payments will be way to go in crypto land. They're still convenient for everyday use, but not as versatile as Bluetooth is. With a satellite infrastructure and even radio waves for Bitcoin transfers, this may be all we need to send frictionless payments in a P2P manner.



Awesome. Never thought this would be possible with the Airbitz wallet. It's disappointing to see the Bluetooth feature available only for Apple devices as most people use Android today. Still though, Bluetooth is not encrypted by design which leaves it open against external attacks. Without necessary precautions, you could end up losing all your crypto balance in a "blink of an eye". With other alternatives like NFC and QR-codes, bluetooth transfers might not be necessary after all.

Is this for real? I've been using cryptocurrency all these years but I dont have any idea regarding to this topic about sending money through bluetooth. I think that idea is cool because sending through bluetooth is very easy and yes you are right it is really prone to hackers and bad people coz they can stole your coins but the good thing here you can see which user does the address belongs to  and in that way you can easily find who stole your coins.

Please can you further explain to me how this can be made possible. This is not helping me understand why you think it might be possible to send bitcoin over Bluetooth. Further explanations might help people like me appreciate what you are trying to put across.

Honeslty, sending bitcoin using bluetooth can be used because i heard legder NANO X wallet are been able to have a bluetooth support, which you can now send and pair with your phone, so you could send cryptocurrency.
It's true that this kind connectivity are prone to hackers because they can easily connect with you, but you can still see which address that you have send your crypto.

I agree it will be more hard to transfer money if we will used bluetooth. In fact Bluetooth is not that useful nowadays. Because it needs to pair first and sometimes its not easy to find the other device. 

As far as I know, only IOTA has used Bluetooth technology.
Maybe you have to do R&D before actually being developed using Bluetooth. Because so far the development of IOTA has also experienced a significant decline.
So it's better to keep using the existing system because bitcoin has also been running for a long time and still tops the top position of all existing coins.