Peach GroupHug… A batching service that does not require coordination
We processed the biggest Peach GroupHug release transaction of our history by batching 106 PSBTs like it’s nothing 😎🍑
https://mempool.space/tx/eaff84bbf480f83bfa67fd286955c82777cba42e5b4395ddcf1a6daa1265de5b
How does it work?
1 bucket with as many participants as possible. The batch happens earliest after 24 hours and the minimum fee rate used by the bucket is the half hour fee.
The mining fees used are the half hour fee at the time when the seller confirms the payment. The more participants in a batch, the more you will save, since the peach fee output effectively gets shared among all participants.
Check our FOSS code
https://github.com/Peach2Peach/groupHug/tree/6f1cb023c972eec1fc73989e39a53378313d7394
Learn more:
https://peachbitcoin.com/blog/grouphug-for-everyone/
