Skip to main content
Jitendra's user avatar
Jitendra's user avatar
Jitendra's user avatar
Jitendra
  • Member for 7 years, 6 months
  • Last seen more than 3 years ago
awarded
awarded
comment
Building an blockchain address monitoring service. Best way to monitor an address for bitcoin and other altcoins?
As PHP is mentioned in the question,I think @duckx want to make similar service like ZMQ or -walletnotify so I did not stated that earlier.
comment
comment
comment
Building an blockchain address monitoring service. Best way to monitor an address for bitcoin and other altcoins?
There are Trillions of possible public key, so it is not viable solution to monitor each and every key. But it is usable if we have a defined limited set of public key from some user. we can use this cronjobs to allow to track Five or Six public key per user for thousand of users without any overhead on Server.
comment
Why does only the earliest transaction matter for double spending?
To forge double transaction, a user must have at least 51% computing power of the Bitcoin network(That is millions of miner and mining pools combined) to outperform the others in calculations and make his block chain longer. That is impossible!!! so we can Surely say the Early transaction(with longer blockchain) is the valid one.
Loading…
comment
Building an blockchain address monitoring service. Best way to monitor an address for bitcoin and other altcoins?
That has to be done using cron jobs to monitor the blockchain scanning third party server(blockchain.info) or local wallet installation.
answered
Loading…
Loading…
answered
Loading…
Loading…
Loading…
awarded