answer.market
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 12
Joined: Thu Oct 06, 2016 8:22 pm
Contact: Website

Coin splitting service, any interest?

Sun Oct 09, 2016 1:38 am

Hi,

As per this post: services/answer-market-answer-questions ... tml#p33369

I've been thinking about launching a site which lets you specify a main address, a fee address, and fee amount for payment. I would use this for http://answer.market/ and would make it public for anyone to use.

I could make it redundant easily, and payment pushing would happen when you poll the server. It would be a simple JSON API that would return a callback URL.

From what I can tell, Blockcypher has a payment splitting API that has a limit on the number of transaction handlers that can be setup. I don't see any others, other than coinsplit.io which seems more for formal agreements than on the fly stuff. There's also something on appspot that looks cool, but fishy to me (http://btc-fork-api.appspot.com/). Also given the model, I don't see how they would scale it. I know at least one of the things that I need to make this scale.

I would charge a fee on this. Maybe 1%, maybe less. I don't really like being a payment forwarder and wish the bitcoin: URI would support split payments, but it doesn't.

There would be no signups and no caps. You send your JSON to me, I give you a callback and an address to pay. You hit the callback every so often, and if it's ready, it sends the money on its way and might just let you know that it happened, so you can give your user their thing.

It would be modeled around 0-confirmation, but I may add support for optional confirmation support in the future.

Would you use this?

Thanks!
Do tasks for Bitcoin: http://answer.market/
Bitcoin payment processor and splitting service: http://coinfee.net/

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