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Offline Shentist

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Are returning payments in protocol 1.0 included?
« on: January 09, 2015, 06:14:49 PM »

In the past it was often discussed about the possibility to take the opportunity to make recurring payments available.

maybe something like that

i broadcast to the blockchain that i will pay x bitUSD every 15th in a month to merchant Alice as long i don't broadcast a chancel message

with this ability we could go to the recurring merchant sides. As long as i know, no other crypto tackles this huge market.

Offline fluxer555

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Re: Are returning payments in protocol 1.0 included?
« Reply #1 on: January 09, 2015, 06:17:23 PM »
Furthermore, BTS is one of the only solutions that are in the position to have recurring payments, as we have price stability.

Offline vikram

Re: Are returning payments in protocol 1.0 included?
« Reply #2 on: January 09, 2015, 11:02:47 PM »
Blockchain support for something like this is not on the roadmap for 1.0.

Developers are still free to build client-side scripts that do something like this.
« Last Edit: January 10, 2015, 12:39:23 AM by vikram »

Offline toast

Re: Are returning payments in protocol 1.0 included?
« Reply #3 on: January 09, 2015, 11:05:19 PM »
^^ yep

Every time I ever heard Dan and max talk about this, it was always as a wallet feature which requires opening your wallet occasionally.
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Offline oco101

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Re: Are returning payments in protocol 1.0 included?
« Reply #4 on: January 09, 2015, 11:07:39 PM »
In the past it was often discussed about the possibility to take the opportunity to make recurring payments available.

maybe something like that

i broadcast to the blockchain that i will pay x bitUSD every 15th in a month to merchant Alice as long i don't broadcast a chancel message

with this ability we could go to the recurring merchant sides. As long as i know, no other crypto tackles this huge market.

Absolutely this wold be a very strong selling point that for sure.

Offline Shentist

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Re: Are returning payments in protocol 1.0 included?
« Reply #5 on: January 09, 2015, 11:10:53 PM »
^^ yep

Every time I ever heard Dan and max talk about this, it was always as a wallet feature which requires opening your wallet occasionally.

ok, then we should include it "sooner" into the wallet.

Offline bitmarket

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Re: Are returning payments in protocol 1.0 included?
« Reply #6 on: January 10, 2015, 12:04:15 AM »
I understood it to be  client side as well.  The protocol already supports it.
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Offline toast

Re: Are returning payments in protocol 1.0 included?
« Reply #7 on: January 10, 2015, 12:33:35 AM »
To be clear max "the protocol supports it" here just means "you can do a normal transfer". If you needed something more on-chain then there was a miscommunication

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