CCN: Financial Bitcoin & Cryptocurrency News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"BlockCypher provides Bitcoin wallet services to larger organizations such as exchanges and payment providers. During the recent fracas of “dust” transactions crowding the Bitcoin network, one of their larger clients, Erik Voorhees’ ShapeShift.io, suffered a double-spend attack amounting to 2.6 BTC. The biggest offering of BlockCypher is what they call a “Confidence Factor” which basically means what it sounds like – if the processor is reasonably sure (as in more than 99%) that a double-spend will not be attempted, the transaction is processed with zero confirmations. BlockCypher describes their method like so: In simpler terms, if an unconfirmed transaction returns […]<\/p>\n
The post BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable<\/a> appeared first on CCN: Financial Bitcoin & Cryptocurrency News<\/a>.<\/p>\n","protected":false},"author":143,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2200],"tags":[2225,2203,2221,2211,3206,3207,1766,3208],"yoast_head":"\nBlockCypher: Zero Confirmation Bitcoin Transactions Still Viable - WebDomino.NET<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable - WebDomino.NET\" \/>\n<meta property=\"og:description\" content=\"BlockCypher provides Bitcoin wallet services to larger organizations such as exchanges and payment providers. During the recent fracas of "dust" transactions crowding the Bitcoin network, one of their larger clients, Erik Voorhees' ShapeShift.io, suffered a double-spend attack amounting to 2.6 BTC. The biggest offering of BlockCypher is what they call a "Confidence Factor" which basically means what it sounds like – if the processor is reasonably sure (as in more than 99%) that a double-spend will not be attempted, the transaction is processed with zero confirmations. BlockCypher describes their method like so: In simpler terms, if an unconfirmed transaction returns […] The post BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable appeared first on CCN: Financial Bitcoin & Cryptocurrency News.\" \/>\n<meta property=\"og:url\" content=\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/\" \/>\n<meta property=\"og:site_name\" content=\"WebDomino.NET\" \/>\n<meta property=\"article:published_time\" content=\"2015-07-18T09:58:33+00:00\" \/>\n<meta name=\"author\" content=\"CryptoCoinsNews\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"CryptoCoinsNews\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/\",\"url\":\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/\",\"name\":\"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable - WebDomino.NET\",\"isPartOf\":{\"@id\":\"https:\/\/webdomino.net\/#website\"},\"datePublished\":\"2015-07-18T09:58:33+00:00\",\"dateModified\":\"2015-07-18T09:58:33+00:00\",\"author\":{\"@id\":\"https:\/\/webdomino.net\/#\/schema\/person\/fdd5a1b1405fd5acd8509536bf2611f1\"},\"breadcrumb\":{\"@id\":\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/webdomino.net\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/webdomino.net\/#website\",\"url\":\"https:\/\/webdomino.net\/\",\"name\":\"WebDomino.NET\",\"description\":\"Global NEWS WordPress site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/webdomino.net\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/webdomino.net\/#\/schema\/person\/fdd5a1b1405fd5acd8509536bf2611f1\",\"name\":\"CryptoCoinsNews\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/webdomino.net\/#\/schema\/person\/image\/\",\"url\":\"http:\/\/2.gravatar.com\/avatar\/b73197b86549f7bcaacf22f8e8fba200?s=96&d=mm&r=g\",\"contentUrl\":\"http:\/\/2.gravatar.com\/avatar\/b73197b86549f7bcaacf22f8e8fba200?s=96&d=mm&r=g\",\"caption\":\"CryptoCoinsNews\"},\"url\":\"http:\/\/webdomino.net\/index.php\/author\/cryptocoinsnews\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable - WebDomino.NET","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/","og_locale":"en_US","og_type":"article","og_title":"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable - WebDomino.NET","og_description":"BlockCypher provides Bitcoin wallet services to larger organizations such as exchanges and payment providers. During the recent fracas of \"dust\" transactions crowding the Bitcoin network, one of their larger clients, Erik Voorhees' ShapeShift.io, suffered a double-spend attack amounting to 2.6 BTC. The biggest offering of BlockCypher is what they call a \"Confidence Factor\" which basically means what it sounds like – if the processor is reasonably sure (as in more than 99%) that a double-spend will not be attempted, the transaction is processed with zero confirmations. BlockCypher describes their method like so: In simpler terms, if an unconfirmed transaction returns […] The post BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable appeared first on CCN: Financial Bitcoin & Cryptocurrency News.","og_url":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/","og_site_name":"WebDomino.NET","article_published_time":"2015-07-18T09:58:33+00:00","author":"CryptoCoinsNews","twitter_misc":{"Written by":"CryptoCoinsNews","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/","url":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/","name":"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable - WebDomino.NET","isPartOf":{"@id":"https:\/\/webdomino.net\/#website"},"datePublished":"2015-07-18T09:58:33+00:00","dateModified":"2015-07-18T09:58:33+00:00","author":{"@id":"https:\/\/webdomino.net\/#\/schema\/person\/fdd5a1b1405fd5acd8509536bf2611f1"},"breadcrumb":{"@id":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/"]}]},{"@type":"BreadcrumbList","@id":"http:\/\/webdomino.net\/index.php\/cryptocoinsnews\/blockcypher-zero-confirmation-bitcoin-transactions-still-viable\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/webdomino.net\/"},{"@type":"ListItem","position":2,"name":"BlockCypher: Zero Confirmation Bitcoin Transactions Still Viable"}]},{"@type":"WebSite","@id":"https:\/\/webdomino.net\/#website","url":"https:\/\/webdomino.net\/","name":"WebDomino.NET","description":"Global NEWS WordPress site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/webdomino.net\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/webdomino.net\/#\/schema\/person\/fdd5a1b1405fd5acd8509536bf2611f1","name":"CryptoCoinsNews","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/webdomino.net\/#\/schema\/person\/image\/","url":"http:\/\/2.gravatar.com\/avatar\/b73197b86549f7bcaacf22f8e8fba200?s=96&d=mm&r=g","contentUrl":"http:\/\/2.gravatar.com\/avatar\/b73197b86549f7bcaacf22f8e8fba200?s=96&d=mm&r=g","caption":"CryptoCoinsNews"},"url":"http:\/\/webdomino.net\/index.php\/author\/cryptocoinsnews\/"}]}},"_links":{"self":[{"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/posts\/32779"}],"collection":[{"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/users\/143"}],"replies":[{"embeddable":true,"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/comments?post=32779"}],"version-history":[{"count":1,"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/posts\/32779\/revisions"}],"predecessor-version":[{"id":32780,"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/posts\/32779\/revisions\/32780"}],"wp:attachment":[{"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/media?parent=32779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/categories?post=32779"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/webdomino.net\/index.php\/wp-json\/wp\/v2\/tags?post=32779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}