BitShares Forum

Main => General Discussion => Topic started by: afedron on January 13, 2015, 03:06:20 pm

Title: Gateway to BitAssets software
Post by: afedron on January 13, 2015, 03:06:20 pm
Is there anything like gatewayd in Ripple?
Title: Re: Gateway to BitAssets software
Post by: svk on January 13, 2015, 03:10:24 pm
Being worked on by monsterer, think it will offer similar functionality:

https://bitsharestalk.org/index.php?topic=12317.0
Title: Re: Gateway to BitAssets software
Post by: islandking on January 13, 2015, 03:20:33 pm
A BTC gateway is being worked on. You can send Bitcoin and get bitBTC.
Title: Re: Gateway to BitAssets software
Post by: afedron on January 13, 2015, 03:39:57 pm
What I need is to issue IOUs against national currency, exactly the way Ripple is doing
Title: Re: Gateway to BitAssets software
Post by: xeroc on January 13, 2015, 03:43:24 pm
What I need is to issue IOUs against national currency, exactly the way Ripple is doing
What you want is well described by Bytemaster already .. and will function equivalently to gateways in ripple
->  http://bytemaster.bitshares.org/update/2014/12/18/Benefits-of-Being-a-BitShares-Gateway/

Though currently no one is *publicly* working on this except maybe some Chinese exchanges

How knows what is being working on behind the scenes
Title: Re: Gateway to BitAssets software
Post by: afedron on January 14, 2015, 06:20:13 am
Yes I've read from bytemaster:)
Is here anybody willing to code project like this for the fair reward? PM me!
Title: Re: Gateway to BitAssets software
Post by: clout on January 14, 2015, 10:48:05 am
https://bitsharestalk.org/index.php?topic=13251.0
Title: Re: Gateway to BitAssets software
Post by: afedron on January 15, 2015, 08:41:14 am
that is nice, but I never expect customer to do private keys importing.
we've got to have much more user friendly gateway instead, good example is onecred.com for stellar
Title: Re: Gateway to BitAssets software
Post by: Rune on January 15, 2015, 01:11:52 pm
that is nice, but I never expect customer to do private keys importing.
we've got to have much more user friendly gateway instead, good example is onecred.com for stellar

The kind of software you're looking for is still many months into the future. There's simply not enough developers at the moment. If you can find a developer who could create something like this and who's willing to get paid in BTS I'm sure they can get a 100% delegate.
Title: Re: Gateway to BitAssets software
Post by: afedron on January 15, 2015, 01:30:07 pm
Many months? I expect to have very simple functionality, just automatically issue my IOUs against customer assets (and redeem accordingly), having external transaction number linked to the bts transaction exactly in a way ripple gatewayd is doing.
That will allow to operate fiat<->bts gateway, no bitcoins/altcoins and no private keys importing:)
Title: Re: Gateway to BitAssets software
Post by: clayop on January 15, 2015, 02:22:57 pm
Many months? I expect to have very simple functionality, just automatically issue my IOUs against customer assets (and redeem accordingly), having external transaction number linked to the bts transaction exactly in a way ripple gatewayd is doing.
That will allow to operate fiat<->bts gateway, no bitcoins/altcoins and no private keys importing:)

I agree with you. Although Ripple-style gateway is centralized (they may own user's private keys), it is very useful to access laypeople. I already know a guy who is preparing something like this (KRW<>bitUSD) but there is no useful resource from Bitshares community. Developoer delegates, please work for it!
Title: Re: Gateway to BitAssets software
Post by: afedron on January 15, 2015, 04:55:40 pm
Unfortunately I'm not a developer anymore, but I'm ready to provide some financing for the project like this
Title: Re: Gateway to BitAssets software
Post by: Rune on January 15, 2015, 05:53:00 pm
Couldn't you simply process this manually at first? Someone sends you a bank transaction with their BTS name in the transaction message and then once every 24H you send out your gateway asset to the names and whitelist them. If a whitelisted name sends you your gateway asset back you just transfer the money to their account.
Title: Re: Gateway to BitAssets software
Post by: santaclause102 on January 15, 2015, 06:01:57 pm
Many months? I expect to have very simple functionality, just automatically issue my IOUs against customer assets (and redeem accordingly), having external transaction number linked to the bts transaction exactly in a way ripple gatewayd is doing.
That will allow to operate fiat<->bts gateway, no bitcoins/altcoins and no private keys importing:)
Isn't what he is looking for "user issued assets" and already implemented??
Title: Re: Gateway to BitAssets software
Post by: toast on January 15, 2015, 08:58:52 pm
This is already possible:  http://bytemaster.bitshares.org/update/2014/12/18/Benefits-of-Being-a-BitShares-Gateway/

The "months" estimate is for an out-of-the-box solutions for gateways to just plug and play. Right now you will have to really dive into the UIA system and write all your business logic yourself.
Title: Re: Gateway to BitAssets software
Post by: afedron on January 16, 2015, 09:27:28 am
Sure it is wise to start operating in manual mode first and that is what I'll be doing shortly.
Just looking for the future opportunities:)

Thank all for the feedback!