How to do micro payments with bitcoin? The transactions need to be verified on the blockchain, but need to minimize the fees.
With the current situation of the network and all those fee it is actually not possible to do micro transactions with bitcoin. Your best option is to switch to some other Alt coins or just wait for the lightening network which is supposed to help us do transactions instantly with very less fees.
I dont about micro payments but can you help me to explain something about micro payments that can help me in knowing more to this? Thank you for the response
Micro payments are low value transactions.
Xapo is a scam, don't use it at all, Bitfury and Coinbase and co are also not to be trusted, they are behind the BCash agenda.
I understand the deal with bitfury and coinbase, but why is Xapo a scam?
About Xapo: He shows a behaviour similar to Brian Armstrong (Coinbase CEO). He went up on the Segwit 2x train defying the community's will to not have another fork armageddon of 2 competing versions of Bitcoin. He is also constantly delaying scaling solutions like allowing native segwit support and instead he is profiting from enabling Bitcoin Cash and racking up the transactions fees in there.
I can't trust all these big blockers, they are all dodgy and they come from the old world, they just want to make more dollars, they don't even hold that many bitcoin themselves.