Zynga Links Up With Bitpay For a Bitcoin Payment Test in Web Games
techcrunch.com
techcrunch.com
Really shows the simplicity and speed which is great for these type of microtransactions.
1: https://chrome.google.com/webstore/detail/kryptokit/lhhiping...
This is good news though, hopefully people will stop going bananas about the value of a bitcoin so using it as a payment platform becomes a viable option for everyone.
https://en.bitcoin.it/wiki/Blocks
There is roughly 1 block every 10 minutes and it can only include 1 megabyte of transactions (transactions are around 500 bytes)
I don't think this limit has ever been hit but it doesn't allow for a ton of transactions per hour
http://www.reddit.com/r/Bitcoin/comments/1a51xx/now_that_its...
Source? I don't believe the hard limit in blocks has ever been changed; bitcoin's devs are currently struggling to convince people to let them do it. The soft limit will NOT cause hard forks.
The only reason that fork happened was an unknown limit that existed with one database in one version and which didn't exist with an improved database in another version. It was a bug.
Here's an evaluation of the chainfork: https://github.com/bitcoin/bips/blob/master/bip-0050.mediawi...
How about once Zynga ramps up the slot machine stuff? Now there's a way to cash in and out.