Paytoshi icon
Paytoshi icon

Paytoshi

Imagine you'd like to transfer a very small sum of Bitcoin to a friend of yours, for example 5000 satoshi. It seems very simple, but then you realize that a standard Bitcoin transaction has a minimum fee of 0.0001 (that is 10000 satoshi).

Paytoshi Address Checker

Cost / License

  • Free
  • Open Source

Platforms

  • Online
Paytoshi
Paytoshi Faucets List
Paytoshi alternatives  
-
No reviews
1like
0comments
1alternative
0news articles

Features

Suggest and vote on features
No features, maybe you want to suggest one?

 Tags

Paytoshi News & Activities

Highlights All activities

Recent activities

No activities found.

Paytoshi information

  • Developed by

    paytoshi

  • Licensing

    Open Source and Free product.

  • Alternatives

    1 alternatives listed

  • Supported Languages

    • English

AlternativeTo Category

Bitcoin & Cryptocurrency

Popular alternatives

View all
Paytoshi was added to AlternativeTo by arkadiydeliev on and this page was last updated .
No comments or reviews, maybe you want to be first?
Post comment/review

What is Paytoshi?

Imagine you'd like to transfer a very small sum of Bitcoin to a friend of yours, for example 5000 satoshi. It seems very simple, but then you realize that a standard Bitcoin transaction has a minimum fee of 0.0001 (that is 10000 satoshi). This makes the feasibility of the transaction very unlikely. What can be done to mitigate the effect of fees for this kind of (micro)transactions?

Paytoshi comes to the rescue! It batches lot of microtransactions before creating a real transaction with all of them. It demands just a small share of the total due fees to every partecipant to the transaction, say 500 satoshi: that's 20 times less!

Paytoshi focuses both on users that make or receive microtransactions.

Official Links