Re: Zero Click Bitcoin Micropayments using HTTP 402

Broadcasting to the network is instant. So you can safely say that the
funds are in the bank. Well in the wallet. There is more chance of a Visa
going out of business than that BTC transaction not arriving.
On 22 Dec 2014 16:59, "Steven rowat" <sn0281@uniserve.com> wrote:

> On 2014-12-20, at 7:36 AM, Anders Rundgren <anders.rundgren.net@gmail.com>
> wrote:
>
> > On 2014-12-20 15:36, Melvin Carvalho wrote:
> >> http://challengepost.com/software/zero-click-bitcoin-micropayments
> >
> > Hi Melvin,
> > You mentioned the HTTP 402 thing before and I didn't got it.
> > Now I do, but this solution is really a service dealing with HTTP 402.
> >
> > They didn't provide much details on how it works but I guess that's
> obvious for you bitconiers :-)
> > The question is if their protocol would stand a security review, my
> guess is that it would not.
>
> Looks so beautiful and simple. There must be a problem -- security,
> browser buy-in, wait times for bitcoin confirmation. If not, I'm ready to
> start using it anytime. :-)
>
> Here's a discussion by bitcoin people of this idea from two years ago,
> including some detail about all those issues, especially security. It's not
> exhaustive but for me at least it was good background.
>
> https://bitcointalk.org/index.php?topic=3895.0
>
>
> Steven Rowat
>
>
>
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>