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You should be able to send whatever value you want, as long as you pay a fee for the resources used. Why should it take hours for my Bitcoin client to sync (an
by unreal37 14y ago
You should be able to send whatever value you want, as long as you pay a fee for the resources used.
Why should it take hours for my Bitcoin client to sync (and therefore for me to do anything with my Bitcoins) because people want to encode URLs in the blockchain?
In a few years, it could take days to sync a new client. What kind of banking system would that be?
- Jtsummers 14y agoCan't you submit transaction before it syncs as long as you you're confident the transaction will be valid? For a business, they could maintain a current sync and you submit your transmitting address to them and they can verify, that way your smartphone doesn't have to get bogged down with the task of anything other than signing the transaction.
- unreal37 14y agoIf I recall, the standard Bitcoin client doesn't work until the blockchain is synced. I've had to wait an hour to do a transaction I wanted to do because I hadn't opened it in a few months.