The Best 2 Paytoshi Alternatives
Imagine you'd like to transfer a very small sum of Bitcoin to a friend of yours, for example 5000 satoshi. It seems very simple, but then you realize that a standard Bitcoin transaction has a minimum fee of 0.
imagine you'd like to transfer a very small sum of bitcoin to a friend of yours, for example 5000 satoshi. it seems very simple, but then you realize that a standard bitcoin transaction has a minimum fee of 0.0001 (that is 10000 satoshi). this makes the feasibility of the transaction very unlikely. what can be done to mitigate the effect of fees for this kind of (micro)transactions?
paytoshi comes to the rescue! it batches lot of microtransactions before creating a real transaction with all of them. it demands just a small share of the total due fees to every partecipant to the transaction, say 500 satoshi: that's 20 times less!
paytoshi focuses both on users that make or receive microtransactions.
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