A New P2P Decentralized Exchange launched today. Alpha testers wanted

becherovka

newbie

Activity: 29

Merit: 0

Quote from: BaiMangal on January 02, 2014, 05:46:11 PM

can test too with a big pleasure!

what do I need to do in order to start testing?

Head to the main thread https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761 where you can read the introduction and download all the open source code. A few improvements already delivered so far.

johnngbluntzky

full member

Activity: 126

Merit: 100

this sounds really fuckin sweet. i'll be tracking this.

BaiMangal

member

Activity: 111

Merit: 10

can test too with a big pleasure!

what do I need to do in order to start testing?

PhantomPhreak

sr. member

Activity: 476

Merit: 300

Counterparty Chief Scientist and Co-Founder

Quote from: sphere on January 02, 2014, 01:06:43 PM

By the way, does this have some sort of API ?

We're going to write a JSON-RPC API for counterpartyd itself, to mimic Bitcoind. Right now the package serves as a pretty good library with the reasonably well-abstracted functions in util.py.

sphere

full member

Activity: 224

Merit: 100

By the way, does this have some sort of API ?

becherovka

newbie

Activity: 29

Merit: 0

Quote from: oncebitcoinedtwiceshy on January 02, 2014, 12:58:20 PM

Now this looks interesting!

And completely open sourced and ready for inspection and testing.

oncebitcoinedtwiceshy

full member

Activity: 182

Merit: 100

Now this looks interesting!

cityglut

full member

Activity: 216

Merit: 100

Quote from: hypostatization on January 02, 2014, 12:40:57 PM

How are withdrawals handled?

Is this sytem dependent on trust between individual users?

No, it is a completely trustless system. The protocol itself debits every asset (except for BTC) from a user's address upon making a transaction involving that asset.

As for BTC: Both users involved in a transaction have to enter an 'expiration' (measured in blocks) for how long his order is valid. The user who is 'giving' BTC must do so before the shorter of the two expiration times has expired, otherwise the transaction is cancelled.

Quote

Is it possible for a user to issue currency for trade that they do not hold?

No.

becherovka

newbie

Activity: 29

Merit: 0

Quote from: hypostatization on January 02, 2014, 12:40:57 PM

How are withdrawals handled?

Quote

Is this sytem dependent on trust between individual users?

No. It's an untrusted system that does not depend on trust between users.

Quote

Is it possible for a user to issue currency for trade that they do not hold?

No and you should see the examples of how it works here: https://github.com/PhantomPhreak/counterpartyd/

hypostatization

sr. member

Activity: 350

Merit: 250

How are withdrawals handled?

Is this sytem dependent on trust between individual users?

Is it possible for a user to issue currency for trade that they do not hold?

becherovka

newbie

Activity: 29

Merit: 0

Quote from: sphere on January 02, 2014, 12:34:14 PM

Created a post for this on the main the Globe thread. Wink

Thanks sphere. Happy New Year as well! It's off to a great start.

cityglut

full member

Activity: 216

Merit: 100

Quote from: sphere on January 02, 2014, 12:32:43 PM

Hahaha sorry just assumed people may run into a couple because its so new Wink

Thanks very much for being so understanding! Yes, there will be bugs, which you should always report to us, and you should make pull requests whenever you feel it is necessary!

sphere

full member

Activity: 224

Merit: 100

Created a post for this on the main the Globe thread. Wink

sphere

full member

Activity: 224

Merit: 100

Hahaha sorry just assumed people may run into a couple because its so new Wink

becherovka

newbie

Activity: 29

Merit: 0

Quote from: sphere on January 02, 2014, 12:23:14 PM

Quote from: becherovka on January 02, 2014, 12:22:22 PM

Quote from: sphere on January 02, 2014, 12:19:41 PM

Quote from: becherovka on January 02, 2014, 12:13:42 PM

New Protocol just launched and announced here on https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Hot features for Alt users and traders looking for a decentralized P2P solution.

User-Created Assets: Issue user‐defined currencies/assets and pay dividends on them.
Distributed Exchange: Trade XCP, BTC or any asset with any other.
Feeds: Broadcast information, which may be used as the subject of a bet.
Betting, Financial Derivatives: Make bets, or construct contracts for difference, on the numerical value of a feed.

This is great news ! Cheesy

When you mean Trade XCP, BTC or any asset with any other. does this mean users can trade GLB (Globe) . When will it be launched ?

Yes, you can trade GLB with any other which is the objective of this project. It's live now and fully open-sourced! Download and check it out here: https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Sounds great. Will notify GLB community. Hopefully not too many bugs Wink

Bugs? Bugs? What bugs? Roll Eyes

Definitely download and let us know. Try it on Testnet first. We'd be glad to have folks trade GLB.

sphere

full member

Activity: 224

Merit: 100

Quote from: becherovka on January 02, 2014, 12:22:22 PM

Quote from: sphere on January 02, 2014, 12:19:41 PM

Quote from: becherovka on January 02, 2014, 12:13:42 PM

New Protocol just launched and announced here on https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Hot features for Alt users and traders looking for a decentralized P2P solution.

User-Created Assets: Issue user‐defined currencies/assets and pay dividends on them.
Distributed Exchange: Trade XCP, BTC or any asset with any other.
Feeds: Broadcast information, which may be used as the subject of a bet.
Betting, Financial Derivatives: Make bets, or construct contracts for difference, on the numerical value of a feed.

This is great news ! Cheesy

When you mean Trade XCP, BTC or any asset with any other. does this mean users can trade GLB (Globe) . When will it be launched ?

Yes, you can trade GLB with any other which is the objective of this project. It's live now and fully open-sourced! Download and check it out here: https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Sounds great. Will notify GLB community. Hopefully not too many bugs Wink

becherovka

newbie

Activity: 29

Merit: 0

Quote from: sphere on January 02, 2014, 12:19:41 PM

Quote from: becherovka on January 02, 2014, 12:13:42 PM

New Protocol just launched and announced here on https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Hot features for Alt users and traders looking for a decentralized P2P solution.

User-Created Assets: Issue user‐defined currencies/assets and pay dividends on them.
Distributed Exchange: Trade XCP, BTC or any asset with any other.
Feeds: Broadcast information, which may be used as the subject of a bet.
Betting, Financial Derivatives: Make bets, or construct contracts for difference, on the numerical value of a feed.

This is great news ! Cheesy

When you mean Trade XCP, BTC or any asset with any other. does this mean users can trade GLB (Globe) . When will it be launched ?

Yes, you can trade GLB with any other which is the objective of this project. It's live now and fully open-sourced! Download and check it out here: https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

sphere

full member

Activity: 224

Merit: 100

Quote from: becherovka on January 02, 2014, 12:13:42 PM

New Protocol just launched and announced here on https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Hot features for Alt users and traders looking for a decentralized P2P solution.

User-Created Assets: Issue user‐defined currencies/assets and pay dividends on them.
Distributed Exchange: Trade XCP, BTC or any asset with any other.
Feeds: Broadcast information, which may be used as the subject of a bet.
Betting, Financial Derivatives: Make bets, or construct contracts for difference, on the numerical value of a feed.

This is great news ! Cheesy

When you mean Trade XCP, BTC or any asset with any other. does this mean users can trade GLB (Globe) . When will it be launched ?

becherovka

newbie

Activity: 29

Merit: 0

New Protocol just launched and announced here on https://bitcointalksearch.org/topic/annxcp-counterparty-pioneering-peer-to-peer-finance-official-thread-395761

Hot features for Alt users and traders looking for a decentralized P2P solution.

User-Created Assets: Issue user‐defined currencies/assets and pay dividends on them.
Distributed Exchange: Trade XCP, BTC or any asset with any other.
Feeds: Broadcast information, which may be used as the subject of a bet.
Betting, Financial Derivatives: Make bets, or construct contracts for difference, on the numerical value of a feed.

Topic: A New P2P Decentralized Exchange launched today. Alpha testers wanted (Read 1844 times)