Re: Auto-sweeping new funds that show up at an address?

Mtgox doesn't pay fees for the sweeps or wait until there is an adequate balance, they send transactions out that have little hope of block inclusion if you send the address a stream of satoshis.

Thanks.

Is there any service or application or method to auto-sweep funds with top priority as soon as they arrive? If not, how difficult would it be to build such an application?

Maybe I'll ask etotheipi if he wants to include it in Armory. Wink

We could add the ability to have a fee added, but it means that you could end spending bitcoins without warning, which is a bad idea.

For information, sweep happens as soon as we see a non confirmed transaction for your bitcoin address.

I think it would be a good addition. If an address has been compromised, it might be well worth it to a person to automatically add a small fee to process any incoming transactions and have that much more of an edge against whoever else also has the private key. I think to avoid spending extra Bitcoins, simply disable the fee if the incoming transaction is smaller than the fee is set to.

Thanks for the extra information.