How can bitcoin transactions be free when all has to be confirmed by miners? Unless there is now a technology for bitcoin that can do away the confirmation job of the miners then maybe this is possible and feasible. So maybe OP should expound on this some more here. I am always open for any innovation especially one that is using the word "free" and "fast" but if this is just a hype or if there are strings attached then this may not be for me. Let's give the space needed by OP for more explanation.

It's clear that they will make a centralized off-chain thing. It's the only way to make it free and instant.
About secure, well.. we all know how secure are the online services handling Bitcoin. They're all "state of the art" until proven otherwise. 


It's centralized, so you'll have to give really good reasons to people to transfer money into your system.


Most probably not. Why? Lack of trust, and I don't really need to send transactions to other persons. You'll need a huge user base in order to work.


You need to be backed by a known name, an institution that'll reimburse the users in case of something wrong.
And you need to add a huge list of merchants and service providers (including exchanges) into your user base.
Then it may work, despite the centralization...

In fact, I still don't understand what the OP explained and how can a bitcoin transaction be free of cost unless it is borne by itself. Is this just speculation that will be developed? even bitcoin experts still have no solution to free transaction costs.
Yes, I need a more detailed explanation of the op, how does the systematic transaction that he develops run?

Noble thought, no doubt about it! However, I have few questions that needs to be answered for my better understanding.

1. How would you confirm bitcoin transactions?
2. How a bitcoin transaction will be instant?
3. How would you include a transaction in a mined block?

Free and instant services are always desirable but that has be real. Lightening network is making this possible but the transactions are not free or instant, it is close to that! How would you scale up even higher than LN?

How will you guarantee that you could provide an instant transaction without putting our funds at risk? To be honest, it's hard to entrust our funds to newly existing platforms of p2p transactions. You should gain a good reputation first. I'm sure that if you'll provide a good and trusted service, it would reflect in the numbers of users that you'll have.

Nope and I doubt they will ever be.
The user has been last active only 10 minutes after posting this, so for a user searching for feedback, it makes no sense.
For somebody trolling, unfortunately, it does.

Anyhow, the whole project is simply phantasmagoric with those promises.

Exactly. Getting one's bitcoin by just receiving an email can be an attractive of an idea. I am sure there had been those who think of this before and concluded that this is not what the cryptocurrency marketplace wanted anyway. There is no other way to do it but follow the centralized system like what PayPal is doing and offering. Though I don't see that much wrong with PayPal as it has a big role to play with the market it is dominating, if the same can be copied then it can just be a big waste of time.

At least you have to have more mining rigs to make your transactions at least cheap and even free. Because bitcoin transactions still depend on miners to confirm a transaction.

I doubt that plan maybe its possible t9 materialized transaction fee is free transferring bitcoin funds. But my question do think op they transfer funds without hassle if there nothing tf charge? In my understanding its all about business how uo earn exchage without tf charge.


I agree mate security is the most important thing we need to secure our funds much i use with fees than to gamble my funds using free transaction fee.