Post
Topic
Board Bitcoin Discussion
Re: Best practice for fast transaction acceptance - how high is the risk?
by
Nefario
on 14/02/2011, 00:52:48 UTC
The best way to ensure a past, instantanious payment is to have another system ( such as a web based payment processor) backed by bitcoin. It would mean users(and spenders) wouldhave to deposit bitcoin to their account first.

This gets rid of the need to worry about doublespending or any of those other problems, and changes to the question of "do I trust the system provider to have all the bitcoins he says he has?"