I want to create a "Super Hot Wallet" that will do the following, and I wanted to get some input and see if what others think about it.
Going to use bitcoind and a cron job to sweep the wallet every 30 mins or so
The reason to use this "Super Hot wallet" is in case of stalled transactions that could get stuck and takes over 24hrs to complete.
Its going to sweep to two address, one Cold Storage and one warm storage.
The warm storage Address it sweeps to has to be changed every 24hrs or so, the cold storage won't change.
Any comments , concerns , Your stupid statements are welcome
Going to use bitcoind and a cron job to sweep the wallet every 30 mins or so
The reason to use this "Super Hot wallet" is in case of stalled transactions that could get stuck and takes over 24hrs to complete.
Its going to sweep to two address, one Cold Storage and one warm storage.
The warm storage Address it sweeps to has to be changed every 24hrs or so, the cold storage won't change.
Any comments , concerns , Your stupid statements are welcome
I don't understand the purpose of the "super hot wallet" and how it is different from the "warm wallet".
Why would transactions "stall" or "get stuck"?
How would the "super hot wallet" solve the problem of "stalled" or "stuck" transactions (whatever that means)?
My "warm wallet" is an deposit address that changes every 24hrs, so if a transaction that gets stalled over 24hrs it won't get deposited and will be lost because the deposit address expires.
Customer-------> Super Hot Wallet---------->Warm Wallet
static Address changes every 24 hrs
Transactions sent without fees has been known to get stuck over 24hrs
Static address?
You should be using a new address for every transaction.
Warm wallet changes every 24 hours?
What happens to the address after 24 hours? Do you delete the private key? What happens to the funds that were sent there?
I just don't understand what you are trying to accomplish.
