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You missed the point. Yes you can receive many small payments, but to spend them again will cost me almost as much again in fees. Combining lots of small inputs
by nwh 13y ago
You missed the point. Yes you can receive many small payments, but to spend them again will cost me almost as much again in fees. Combining lots of small inputs is not efficient.
- VMG 13y agoWhy not? A single transaction can have many different inputs. A receiver of many micropayments can bundle many separate addresses into one. Anonymity might be an issue then, but the transaction isn't.
- Titanous 13y agoBecause each input increases the size of the transaction, increasing the fees: https://en.bitcoin.it/wiki/Transaction_fees https://en.bitcoin.it/wiki/Transaction_fees