Hi guys, I need your feedback. We're developing a product. Sending, receiving Bitcoin internationally, getting paid in Bitcoin is always
FREE, instant, and secure. You know, in a regular bitcoin wallet or service there are mining or transaction fees while sending Bitcoin. We won't charge any fee. So it's different from other services and wallets. Also, it's different from Lightning Network because it's very simple to use it. The receiver's email and the app are enough to send Bitcoin.
- What do you think about that?
- Would you use it? If you don't, can you explain why?
- What features would encourage you to use this service?
Noble thought, no doubt about it! However, I have few questions that needs to be answered for my better understanding.
1. How would you confirm bitcoin transactions?
2. How a bitcoin transaction will be instant?
3. How would you include a transaction in a mined block?
Free and instant services are always desirable but that has be real. Lightening network is making this possible but the transactions are not free or instant, it is close to that! How would you scale up even higher than LN?
Lightning network so far has the lowest tx fee so they are saying they will be offering free and instant? Better than LN? Any response from the above queries? I will only use it if the reputation has already been established like years of operations.