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Board Beginners & Help
Re: How could micropayments work?
by
justabitoftime
on 21/04/2013, 07:17:19 UTC



I was surprised to learn Bitcoin is not really for micro payments. The fee right now is .0005 which is 6 cents.
That would be ~ 50 cents if the price got to $1000

Are there any ideas how to 1) add another layer to bitcoin , to allow for micropayments (perhaps a 2nd network)
or 2) an altoghter different coin, that is only used for penny-sized transactions?

Isn't this where litecoin comes into play?

This is EXACTLY where Litecoin should come into play.