Hi,

Lightning Network seems interesting...Thanks.

Regards,
Thanks.

On Monday, 17 July 2017 22:59:43 UTC+5:30, Jameson Lopp wrote:
>
> All else being equal, centralized payment systems that require trust will 
> be more efficient and thus cheaper than public permissionless systems. If 
> you need cheap censorship resistance the best option at the moment is less 
> popular cryptocurrencies such as litecoin, but they're unlikely to remain 
> cheap forever. Long term the solution will be to use second layer solutions 
> such as Lightning Network.
>
> On Mon, Jul 17, 2017 at 12:02 PM, Kunal Ransing <[email protected] 
> <javascript:>> wrote:
>
>> Thanks for reply.
>>
>> I am thinking Bitcoin is alternate to "card industry" which charges more( 
>> + has many restrictions). And also performing small transaction using card 
>> is costly.
>> But seems for small transaction "credit/debit card" are suitable.
>> What do you suggest ?
>>
>> Regards,
>> Kunal
>>
>> On Monday, 17 July 2017 21:20:06 UTC+5:30, Jameson Lopp wrote:
>>>
>>> Bitcoin block space is in high demand these days; if you're trying to 
>>> send amounts less than 0.005 BTC (assuming only 1 input) then it probably 
>>> won't make economic sense to do so.
>>>
>>> On Mon, Jul 17, 2017 at 11:46 AM, Kunal Ransing <[email protected]> 
>>> wrote:
>>>
>>>> Hi,
>>>>
>>>> I performed test 0.000814 BTC (100 RUB) transaction for that I charged 
>>>> for 0.0001135 BTC (13.91 RUB).
>>>> As compared 'Credit Card' its charging more. So what settings suggested 
>>>> for small transaction ?
>>>>
>>>> Please check below log for above tx:
>>>>   7341db6a0dd8d1c52bc1e67af0c739aadb14faf97727d4fcaa7bde679daecf13
>>>>   updated: 2017-07-17T15:31:17Z
>>>>      in   
>>>> PUSHDATA(72)[3045022100a8c6088f0ced20057d51407137fee3893d3ab5e1d25d8332818981c6553fc40402206889e655ec2136ac85de489bb68a20d71a99e4626843efc764be2a2b5e256e7901]
>>>>  
>>>> PUSHDATA(33)[0376442ba286c38ce3a21ae35b55b13a9e8dfec9bd16ff404fa87eb278946cf650]
>>>>  
>>>> 0.000814 BTC
>>>>           
>>>> outpoint:11599183f6b21c460020206f1b0cb0b5a434aefa298b02adcf1b0b39b3159e5a:0
>>>>  
>>>> hash160:4e64116774b4244a77152b0ab731f6ea14736376
>>>>      out  DUP HASH160 
>>>> PUSHDATA(20)[bd7da108957876a270189976d30b1dc0ead9de3d] EQUALVERIFY 
>>>> CHECKSIG 
>>>> 0.0006528 BTC
>>>>      out  DUP HASH160 
>>>> PUSHDATA(20)[c93986dea4a73221fb59dd8865b39eb187962cb7] EQUALVERIFY 
>>>> CHECKSIG 
>>>> 0.0000477 BTC
>>>>      fee  0.00050221 BTC/kB, 0.0001135 BTC for 226 bytes
>>>>      prps USER_PAYMENT
>>>>
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>>>
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>

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