Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - bitmarley

Pages: 1 2 3 4 5 6 [7] 8 9
91
General Discussion / Re: I think Bitshares can do direct BTC markets! eg: BTS:BTC or bitBTC:BTC
« on: January 20, 2015, 10:36:30 pm »
Quote from: bytemaster on January 20, 2015, 10:31:05 pm

Yes we could build bitcoin "state" into the assumed "known" state by all delegates.   But why tie ourself to that baggage?

So we don't need to trust BTC gateway operators. Bitshares could operate trustless bitcoin:bitBTC or bitcoin:BTS markets built right into the client. Indeed bitshares could do the same for any crypto. Is that worth the baggage?

92
General Discussion / Re: I think Bitshares can do direct BTC markets! eg: BTS:BTC or bitBTC:BTC
« on: January 20, 2015, 10:26:38 pm »
I don't quite understand why multisig is useful here. I am thinking that Delegates can simply scan the bitcoin blockchain and find bitcoin transactions created by the bitshares client in step #3. When many(all?) delegates all verify the bitcoin transaction then they can release the corresponding BTS (or bitBTC or whatever).

93
Technical Support / Re: startup error - 0.5.0 release linux
« on: January 20, 2015, 10:22:57 pm »
oh I thought that was the qt client. I have been pulling the qt client from github. When I saw the 0.5.0 release for linux I thought it included a qt client. So it seems the github qt source is still v0.4.27.2-1? 

94
General Discussion / Re: I think Bitshares can do direct BTC markets! eg: BTS:BTC or bitBTC:BTC
« on: January 20, 2015, 10:06:37 pm »
Quote from: xeroc on January 14, 2015, 07:35:00 am
Not exactly sure what you are describing but let me give you some more insights:
1) The crypto (ECC) of btc and bts are the same. So every private key in bts can also be calculated to represent a btc address. If you run wallet_account_list_public_keys on any of your bts accounts you will see this:
Code: [Select]
{
    "hex": "0211e5700aea578ac8c8e2e5e0d6f484a21781ae20db431fc9150a6ca64903e36e",
    "native_pubkey": "BTS52NVKZncXTQwm6gWsLXDvQ8WoG2TewBiiAJy4QUNkj7S4UWFQQ",
    "native_address": "BTSVH3sgU3zb37D7fyrq4p9FYss3ySvxkzz",
    "pts_normal_address": "Pm22jR1KKC2CSgjp5uWJbXymdr1y9CQEdS",
    "pts_compressed_address": "Pt1Z7bF1xptsSxeYBKwXuHXaaSaVxGX1on",
    "btc_normal_address": "1E6FbLKBZ658eQvxiQrTSWjiPbb9LM44kq",
    "btc_compressed_address": "1M5myWYtCiwoegqgoqHgkGHXLC9gAhdR21"
  }
those pts,bts, and btc addresses can all be access by the private key of ""BTS52NVKZncXTQwm6gWsLXDvQ8WoG2TewBiiAJy4QUNkj7S4UWFQQ".

2) forum member monsterer is currently building a BTC<->bitBTC gateway (read: bridge)
   http://xchain.info/

That way you can send BTC to an address of the gateway and will receive bitBTC in the BTS-address that corresponds to your btc-sender address (at least that's what I think it does)

great. so it sounds like #1 #2 #3 #5 & #6 are possible in bitshares.

So what about #4, can delegates run code to verify that the bitshares created bitcoin transactions have been confirmed on the bitcoin blockchain?


95
General Discussion / Re: bitcoin->bitBTC gateway needs testers!
« on: January 20, 2015, 10:02:11 pm »
In the same way that delegates do price feeds, couldn't they verify bitcoin transactions, thereby making bitcoin trades with bitshares trustless?
https://bitsharestalk.org/index.php?topic=13274

96
General Discussion / Re: bitcoin->bitBTC gateway needs testers!
« on: January 20, 2015, 09:46:24 pm »
so the escrow feature could make crypto gateways trustless?
what is the escrow mechanism?

97
Technical Support / startup error - 0.5.0 release linux
« on: January 20, 2015, 09:37:03 pm »
I downloaded the 0.5.0 release from here:
https://github.com/BitShares/bitshares/releases

unpacked it and there is only 1 file: "bitshares_client"

when I run it I get the following which I don't understand:

Loading blockchain from: /home/user1/.BitShares/chain
Loading config from file: /home/user1/.BitShares/config.json
Not starting RPC server, use --server to enable the RPC interface
sendto: Operation not permitted
(wallet closed) >>>

??



98
General Discussion / Re: bitcoin->bitBTC gateway needs testers!
« on: January 20, 2015, 09:27:54 pm »
I mean when the gateway is running  the user who transfers BTC, who do they have to trust if anyone?
Could the gateway operator steal btc or fail to function?   

99
General Discussion / Re: bitcoin->bitBTC gateway needs testers!
« on: January 20, 2015, 11:38:54 am »
Can someone provide a trust profile of this gateway?

100
General Discussion / Re: [TASKFORCE] Reddit upvote request. - only requests here no chatter. thank you
« on: January 20, 2015, 11:24:08 am »
https://www.reddit.com/r/BitcoinMarkets/comments/2sus60/what_would_you_look_for_if_a_new_exchange_was/

and OKCoin failure bitcoiners needs solutions how about a blockchain exhcange already up and running ;)

https://www.reddit.com/r/BitcoinMarkets/comments/2sscpr/anyone_else_having_technical_problems_with/
https://www.reddit.com/r/BitcoinMarkets/comments/2sq8r1/okcoin_scams_users/
https://www.reddit.com/r/BitcoinMarkets/comments/2swttr/okcoin_unusable_during_this_drop/

the main bitcoin subreddit is missing an OKCOIN failure topic too - if it existed then bitshares could be raised in the comments there too

101
General Discussion / I think Bitshares can do direct BTC markets! eg: BTS:BTC or bitBTC:BTC
« on: January 14, 2015, 05:10:22 am »
OK I admit to not fully understanding bitshares so this post could be way off. If so sorry in advance! :/
OR this is crazzzzzy awesome man!! So... I think bitshares can do direct BTC exchanges.
Just like with Price Feeds, delegates can "price feed" a public bitcoin address.
So a BTS:BTC market could be managed trustlessly in the bitshares client like this:

1. The bitshares wallet is updated to include bitcoin wallet features.
2. A standard BTS market is created but BTC bids include the target bitcoin public address as meta-data.
3. Using the bitshares client a BTC holder can accept BTC bids and so the bitshares client broadcasts a bitcoin transaction encoded with their bitshares public address (and maybe the bid ID).
4. Since delegates have a "price feed" mechanism they can monitor the bitcoin public address and after 6 confirmations the delegates can safely process the BTC bidders side of the deal by releasing the BTS tied up by the bid to the bitshares public address encoded in the bitcoin transaction.
5. If the BTC bidder wants to cancel they would need to wait like 2 hours so delegates can make sure no bitcoin transaction is processing.
6. For BTC offers only the BTC holder can trigger the market transaction so BTC holders would need to be logged in to the bitshares client otherwise their offer would be grayed/suspended.

Sounds too good to be true. But I thought I should at least share the idea. :)

102
General Discussion / Re: Relative orders for bitBTC/bitUSD?
« on: January 13, 2015, 06:39:03 pm »
 
Quote from: monsterer on January 13, 2015, 06:26:54 pm
I'm on it :)

 :D luvviitt! Please consider OTP authentication.

103
General Discussion / Re: Mobile Wallet - Testers needed
« on: January 13, 2015, 05:41:56 pm »
Yahhman your android wallet is working great on my device. Nice work!
I'd love to see a Mycellium-like Exchange feature where we can post meetup offers to exchange BTS or bitUSD for cash. Bitshares P2P gateway to/from cash in your pocket.  ;) 

104
General Discussion / Re: Spec Chart for Major Cryptos
« on: January 13, 2015, 05:15:21 pm »
Quote from: xeroc on January 13, 2015, 12:42:48 pm

BitShares has
 - anonymous transactions are functional since the beginning


Bitshares is not private yet. See:
https://bitsharestalk.org/index.php?topic=13155.msg172745#msg172745

105
General Discussion / Re: I want to buy more BTS but .....Fear of being hacked
« on: January 13, 2015, 05:06:07 pm »
Quote from: deprdoo on January 12, 2015, 11:24:01 pm
https://github.com/BitShares/bitshares/milestones

Looks like you only have to wait till the 21st for better cold storage support.

 8) Yaahmaan! Thanks for the link. Doubled my BTS holdings cause of your post. Will double again after Jan 21 if cold wallet features are comprehensive.

Pages: 1 2 3 4 5 6 [7] 8 9

Page created in 0.047 seconds with 23 queries.