by BitPay, rather than the technology giant. Bitcoin Cash Zero Confirmation Transaction by Satoshi Nakamoto: How it Works. Competition is a good thing, even in the world of cryptocurrency. Even today, it is still somewhat expensive and at times rather slow. That should be decided by the merchants themselves but generally the value should be much less than the cost to attack it, Harding states during the end of his talk. Do you think its a good idea for BCH accepting merchants to utilize this method? More specifically, the company now supports both versions of Bitcoin as a payment method.
Lots of BCH merchants have been accepting zero confirms lately as well, making the discussion topical again as it was a few years ago.
Many Bitcoin Cash Marchants now accept the Bitcoin Cash zero confirmation transaction for faster completion of transaction and no fears of double spend errors.
The concept of zero confirmation was initially brought up by the founder of Bitcoin, Satoshi Nakamoto while the industry was still young.
For existing members in good standing were moving to 0 confirmations (normally this is set to 2).
Working together, we can build a technical foundation to empower Bitcoin Cash to be the best money the world has ever seen. Companies dealing with Bitcoin have a tough decision to make. Since the technology giant relies. Many BCH supporters believe if the concept was broadly accepted, payments and transaction speed would be extremely fast bringing a significant competitive edge to the BCH network. Also Read: Trading Cryptocurrencies Like a Boss Takes Time and Research. BitPay to handle transactions, support for both currencies is a logical development. A confirmation or blockchain record doesnt happen until the miner mines a block which contains the specific transaction. Competition from a forked version of this currency will certainly be interesting to keep an eye. The big question is whether or not Microsoft will see a lot of BCH transactions. Ever since BitPay added BCH support, a lot of new doors have opened in the process. What do you think about zero-confirmation transactions?
A few businesses are trialing the idea but the concept is not yet widely adopted. It creates some interesting options in the cryptocurrency world, though.
How did bitcoin cash start
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