Micro payment company SatoshiPay has decided to give up on Bitcoin and Blockchain in favor of supposedly “superior” technology that is faster and cheaper to tra...
Micropayments — or microtransactions — are a popular business structure for spreading posted content and providing access to it for a small amount of money. In 2015, the profit of websites from advertisements fell dramatically, so from then now, implementing a system of micropayments has been being considered, so that users will pay pennies for looking at every webpage. For that purpose, micropayments in Bitcoin could be perfect to due the cryptocurrency being in online storage, low operational costs for providing online payments, etc. For micropayments, blockchain could work as a large, decentralized audit book in which every transaction would be recorded carefully so that the user can keep track of all viewed pages, the duration of viewing and the amount of micropayments for the content.
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