Its been many years since the emergence of cryptocurrencies in the digital world and acceptance of the digital money concept got appreciated over the period of time. Since its launch, a great demand sprang up and everything changed. At first, Bitcoin became an option to own and invest, later on as a payment option. Normally, the digital way of the transaction is done using credit cards, online payment, etc. But after the emergence of Bitcoin, it has added up as a new payment option.It's the best option to create a payment and to proceed. The only concern arises during this time period of time is that of the charges (both hidden & sub-charges). These parts have a serious bit of functioning in a software package and it needs to be accurate and precise. The additional amount so charged relatively high and it needs to be reduced whatever it takes. So, how to make this happen? Is it going to be complex? Can someone do so?A new model has been planned in the recent years and it's really interesting!The planned model looks promising and let's see it's working.How new Bitcoin Payout model works?Currently, while making a payment using cryptocurrency, (let it be Bitcoin) the process will be, you choose the products or whatever you want to purchase and check out the payment section. In the payment section, you choose the Bitcoin (BTC) payment and proceed further
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. A Bitcoin address will be generated to make the payment and you're charged with some extra fee too like transaction fee (mining fee), sub-charges, service charges, etc. Even if you're making multiple payments the so generated Bitcoin address will be the same all the time and you never know the difficulties of this part.So, what are the issues involved with it?When a single address is used every time, it can make your system liable to attack as well as the transaction fee will increase on every transaction. So, using a single address is more of a threat than the usual payment option, so the planned model reduces these risks to its maximum. For each transaction made using the BTC, separate addresses are generated and keep these factors down to the cord. The machine generates new addresses each time when a user makes payment. There are many advantages of such a system like,