Skip to main content
Gramar fixes
Source Link
Murch
  • 77.8k
  • 35
  • 190
  • 641

How doesdo exchanges, such as coinbase handle off-chain transactiontransactions?

Does coinbaseCoinbase create a channel between each customer and coinbaseCoinbase itself?

If iI buy 10 USD of bitcoin from coinbaseCoinbase, where doesdo the 10 USD worth of bitcoin come from? Does coinbaseCoinbase maintain a huge wallet that belongs to itself, and creates a payment channel with each individual customerscustomer?

How does exchanges, such as coinbase handle off-chain transaction?

Does coinbase create a channel between each customer and coinbase itself?

If i buy 10 USD of bitcoin from coinbase, where does the 10 USD worth of bitcoin come from? Does coinbase maintain a huge wallet that belongs to itself, and creates a payment channel with each individual customers?

How do exchanges such as coinbase handle off-chain transactions?

Does Coinbase create a channel between each customer and Coinbase itself?

If I buy 10 USD of bitcoin from Coinbase, where do the 10 USD worth of bitcoin come from? Does Coinbase maintain a huge wallet that belongs to itself, and creates a payment channel with each individual customer?

deleted 8 characters in body; edited tags
Source Link
Saxtheowl
  • 2.8k
  • 9
  • 18
  • 35

Does coinbase create a channel between each customer and coinbase itself? 

If i buy 10 USD of bitcoin from coinbase, where does the 10 USD worth of bitcoin come from? Does coinbase maintain a huge wallet that belongs to itself, and creates a payment channel with each individual customers?

Thanks!

Does coinbase create a channel between each customer and coinbase itself? If i buy 10 USD of bitcoin from coinbase, where does the 10 USD worth of bitcoin come from? Does coinbase maintain a huge wallet that belongs to itself, and creates a payment channel with each individual customers?

Thanks!

Does coinbase create a channel between each customer and coinbase itself? 

If i buy 10 USD of bitcoin from coinbase, where does the 10 USD worth of bitcoin come from? Does coinbase maintain a huge wallet that belongs to itself, and creates a payment channel with each individual customers?

Source Link
Loading