Coinpot Launches
If you like claiming from faucets for bitcoin, litecoin and dogecoin then you know the recent struggles it has faced over high transaction fees. This issue has come as a result of the increase demand of transactions on each of the blockchains. Each block can only hold so many transactions so to have your transaction take place in a timely manner you need to outbeat everyone else who is paying a fee to have their transaction included in one of those first few blocks.
Example bitcoins blocks are about one every 10 minutes. If your not able to fit your transaction via paying a higher fee in the first 6 blocks then you can expect to wait at least a hour for your transaction to take place. As new coins come out they now see this bottleneck and are making changes to help avoid this while keeping fees down and allowing more transactions per block.
You can join Coinpot by clicking here
What Does Coinpot Do?
Coinpot takes faucet transactions from sites such as Bonusbitcoin.co and Moonbit.co.in and stores the earnings off the blockchain only paying them out when requested. This greatly reduces the higher payout and transaction fees that would normally happen on a faucet that pays directly to a wallet instead of a 3rd party system such as coinpot.
I suspect many more faucets to come from this program and hope they soon release a script that can be used for others as I would love to run a faucet of my own again on Bitcoinflood.com
omg thank you!
I Learn something New everyday. Thank You
Your welcome :)
Congratulations @bitcoinflood! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPThanks for sharing, i'm going to check coinpot out
All the best!
Nice information I must join coinpot
Follow @dine77
Much success to you
Coinpot is very user friendly and makes the payout much faster.
I'm happy with their service. Keep up their good work!
I just found out about coinpot i really like the interface :)
You forgot to add..
http://moonliteco.in/?ref=1914ffc76a5a
http://bitfun.co/?ref=2CF6B4C7282F
Anyone got any others? I am trying to compile a list :)