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Topic: [ANN] Bitcoin/Litecoin Soda Machine Project v0.4 (Read 2488 times)

sr. member
Activity: 420
Merit: 250
December 12, 2013, 11:16:30 PM
#28
I have highly optimized the program and now most transactions take less than 5 seconds, most of the time less.

We did a speed test, see the video below. We were able to buy 3 sodas in under 1 minute, the only thing slowing it down is the soda machine itself.

http://www.youtube.com/watch?v=socQRtYzoxM
sr. member
Activity: 420
Merit: 250
I'm making alot of progress on my Bitcoin ATM.  Grin Grin Grin

https://www.youtube.com/watch?v=aWhPYURfik4
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
legendary
Activity: 1050
Merit: 1004

ty for the heads up. I must have broke it when I was trying to fix email forwarding. lol

Looks like you messed up the DNS a bit Tongue

Looking forward to seeing the site.
sr. member
Activity: 420
Merit: 250

ty for the heads up. I must have broke it when I was trying to fix email forwarding. lol
legendary
Activity: 1050
Merit: 1004
sr. member
Activity: 420
Merit: 250
v0.4 is complete.

It now emails me when a soda is sold, It emails me on power failure, and it emails me a daily report.





In v0.5 I hope to implement a web admin panel.
sr. member
Activity: 420
Merit: 250
If anyone is in the midwest and wants to come buy a soda for posterity's sake the soda machine is located at.

1506 w. State st.
Jacksonville, IL 62650
sr. member
Activity: 420
Merit: 250
Amazing. That was one fast prototype to 'production' cycle! Must be the first litecoin vending machine for sure?

Guaranteed its the first litecoin vending machine.

Its the first Bitcoin vending machine in the wild.

There is a video on youtube by a guy who made a bitcoin vending and soda machine but it was far from "complete", the QR code came up on his laptop and it wasn't very pretty. lol

member
Activity: 130
Merit: 10
Amazing. That was one fast prototype to 'production' cycle! Must be the first litecoin vending machine for sure?
sr. member
Activity: 420
Merit: 250
member
Activity: 130
Merit: 10
Cool project.
You mentioned you had some ideas for a POS implementation.. I'd be interested in any thoughts you may have on the opencxp POS protocol, this vending machine is exactly the type of application we had in mind when it was being drafted. Pre-release white paper is at opencxp.org if you're interested in looking at it.
sr. member
Activity: 420
Merit: 250
The bitcoin atm in canada doesn't mess with any private key of yours in no way whatsoever.

Blockchain.info stores encrypted versions of your private keys so they don't know them either.

Try importing a paper wallet on blockchain.info, you will see what im talking about. They recommend you have it sent from that private key to an address that you own and if you click accept it does it automatically.
sr. member
Activity: 252
Merit: 250
The bitcoin atm in canada doesn't mess with any private key of yours in no way whatsoever.

Blockchain.info stores encrypted versions of your private keys so they don't know them either.
sr. member
Activity: 420
Merit: 250
Trust is earned.

Yes and we all know how this usually ends.
Don't take me wrong you may be the most trustworthy person on earth but a bitcoin business model that requires trust is DOA for me.

So I guess you wouldn't use one of the new bitcoin ATM's that are popping up in Canada?

if you import a private key into blockchain.info it gives you the option to instantly send thoes funds to another address. It advises not to keep the funds on that address. I'm not 100% if the smartphone app does the same thing, I haven't tried importing a private key with funds on it, I have only done empty keys on the smartphone app.

That means there isnt much "trust" needed. That and you can do a $1 at a time, anyone would risk a $1 to see if it works. lol

I dont see where the need for a trust comes in. lol

If i needed to I could add a camera and have the device send bitcoins directly to the smartphone wallet by having the user bring up his receive QR code and showing it to the camera. But that honestly is alot more work/cost that isnt really necessary.
sr. member
Activity: 252
Merit: 250
Trust is earned.

Yes and we all know how this usually ends.
Don't take me wrong you may be the most trustworthy person on earth but a bitcoin business model that requires trust is DOA for me.
sr. member
Activity: 420
Merit: 250
My next project, once the soda machine is running 100% is to turn an old dollar bill changer into a bitcoin "atm" of sorts.
You insert a dollar and it spits out freshly generated paper wallet. Or since you can import private keys right into the blockchain wallet app, I can just display the private key in a QR code on the screen. Generating a public/private key, sending coin to it, and then displaying it and deleting that key.

I don't think this is going to work because it requires for the customers to trust you.
Stick with the soda machine  Wink

Trust is earned. Also people need a place to reload their wallet on their phone to buy more soda.

I also have a bitcoin retail point of sale in the works. Wink
Its just a concept right now but I'm certain I can make it work.
Details to come when I start working on it in a few weeks.

Btw, I got my second soda machine. It only cost me $100 and the only problem is the coils keep freezing up. I have a fix for that. Wink
It is a newer machine. It runs on a 24v system instead of 120v like my other machine.
It excites me because it gives me the oportunity to make my device more universal.
I plan to market it to people with soda vending routes.

I even found a way to provide cheap dedicated internet to them without a monthy fee.

Walmart has a prepaid wifi hotspot you can buy that they sell data to you by the MB/GB with no expiration and your not paying per month it just lasts till you use the data. The $10 card gives 500mb of data. Checking a wallet balance and the price at btc-e every 10-15 seconds shouldn't use 500mb in a year. lol
sr. member
Activity: 252
Merit: 250
My next project, once the soda machine is running 100% is to turn an old dollar bill changer into a bitcoin "atm" of sorts.
You insert a dollar and it spits out freshly generated paper wallet. Or since you can import private keys right into the blockchain wallet app, I can just display the private key in a QR code on the screen. Generating a public/private key, sending coin to it, and then displaying it and deleting that key.

I don't think this is going to work because it requires for the customers to trust you.
Stick with the soda machine  Wink
sr. member
Activity: 420
Merit: 250
You should install it next to the bitcoin atm  Cool
Or the bitcoin atm is inside a cafe already? Not sure  Tongue

I need to contact the people behind the bitcoin ATM and see if they have any advise. lol

My next project, once the soda machine is running 100% is to turn an old dollar bill changer into a bitcoin "atm" of sorts.
You insert a dollar and it spits out freshly generated paper wallet. Or since you can import private keys right into the blockchain wallet app, I can just display the private key in a QR code on the screen. Generating a public/private key, sending coin to it, and then displaying it and deleting that key.

I can then mount it on the soda machine and you can buy and use bitcoins in the same location. Kind of like buying tokens at chuck-e-cheese only they work at a ton of other places or can be traded for cash. lol

I have a retail POS designed in my head that may show up as a project in a month or so too.
sr. member
Activity: 252
Merit: 250
You should install it next to the bitcoin atm  Cool
Or the bitcoin atm is inside a cafe already? Not sure  Tongue
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