Welcome to Bitissuer, the first decentralized cryptocurrency-only board/exchange that utilizes the Open Assets protocol to issue its assets, a simple and powerful open source protocol built on top of the Bitcoin Blockchain, allowing transfer of assets via Bitcoin compatible wallets. You can utilize any Open Assets wallet you wish, or even design your own.
In short, Bitissuer allows you to buy, sell and transfer assets/cryptocurrencies pegged to real world currencies (fiat), utilizing the Bitcoin Blockchain.
Become a Bitissuer stakeholder by buying XBIS tokens now @
https://www.bitissuer.org/XBIS.html. The earlier you buy, the less you pay. Current price: 0.20400001 BTC
Learn more about the Open Assets protocol by visiting
http://www.openassets.org.
To learn about "colored coins", read
https://en.bitcoin.it/wiki/Colored_Coins.
http://www.bitissuer.org/chart.pngEdit: Adding more info from the website:
What XBIS holders receiveXBIS holders receive proportional share of Bitissuer's profits. The profits are stored in the Dividends Address and are paid every 1000 blocks to the holders at exactly 1000 blocks before the paying block (block height minus 1000), i.e. all the XBIS token holders at block 982,000 will be paid dividends at block 983,000. The payment will only take place if balance of Dividends Address is 1 BTC or more.
How profits add upTwo ways:
- Sale of XBIS tokens - All BTC received by Bitissuer from sales of XBIS are stored in the Reserve Address. When the balance of the Reserve Address is 1 BTC (or more) over 1.5x the equivalent amount of issued currency, the surplus is transferred to the Dividends Address;
- Issuance fees - When the amount of issuance fees (not mining fees!) paid by users to Bitissuer is equivalent to 1 BTC or more, the total amount is transferred to the Dividends Address.
Why, how and when XBIS token price increases- WHY - The XBIS price increases for two reasons:
To compensate earlier adopters. The sooner you buy XBIS, the less you pay, the more you gain;
To create a monetary reserve.
- HOW - The XBIS price is directly proportional to the number of XBIS issued, as per the following formula: ((issued_XBIS/100000)+0.00000001). As an example, when 100,000 XBIS tokens are issued, XBIS price will be 1.00000001 BTC.
- WHEN - Every time XBIS tokens are issued and sold from Bitissuer, after transactions are confirmed on the Bitcoin Blockchain.
There are two ways you can utilize Bitissuer:- As an exchange user, by buying and selling cryptocurrencies pegged to real world currencies;
- As an investor, by buying XBIS. Check XBIS Tokens page for further information.
WalletsWARNING: When receiving assets from others than Bitissuer, always check the Asset ID of the Bitissuer asset from the respective Bitissuer asset's page, even if the Bitissuer image and ticker shown in the wallet match what you expect. All Bitissuer assets are verified and verifiable ONLY at
https://www.bitissuer.org/.
- Coinprism web wallet (recommended): Bitcoin and Colored coins web-based and user-friendly wallet for the Open Assets protocol
- Coinprism mobile wallet: Colored coins android wallet for the Open Assets protocol. A mobile wallet for bitcoins and colored coins.
Block Explorers- Coinprism block explorer: Colored coins block explorer for the Open Assets protocol
- Lykke Blockchain explorer: Colored coins block explorer for the Open Assets protocol
Open Source- Python module: The reference implementation of the Open Assets Protocol
- Colorcore: A client providing a command line and RPC interface for performing operations through the Open Assets Protocol
- NBitcoin: A Complete .NET Library for Bitcoin with its TransactionBuilder to issue, transfer and swap assets
- BTCRuby: A Complete Ruby Library for Bitcoin with its TransactionBuilder to issue, transfer and swap assets
- CoreBitcoin: A Complete Objective-C Library for Bitcoin with support for Payment Requests and Payment Methods
- openassets-ruby: A Ruby implementation of the Open Assets Protocol. This library is able to perform Open Assets operations using APIs like Colorcore.
- openassets-js: A JavaScript implementation of the Open Assets Protocol.
- android-wallet: A Java implementation of the Open Assets Protocol, source code for Coinprism Android Wallet.
- BCNExplorer: A blockchain explorer that explores the blockchain and shows information about blocks, transactions, assets, address balances etc.
- Open Assets specifications: This document describes the Open Assets protocol used for storing and transferring custom, non-native assets on the Blockchain. Assets are represented by tokens called colored coins.
APIs and Other- Coinprism API: Colored coins API for the Open Assets protocol. The Coinprism API allows you to issue, check and send colored coins and bitcoins using the Open Assets protocol. You can also get information from the blockchain about bitcoin and colored coin transactions.
- Block Cypher API: You can utilize this set of APIs to easily issue, check, and transfer assets. This set of endpoints currently leverages the Open Assets Protocol, a simple, robust method of embedding assets across any blockchain that supports null-data outputs.
- QBit Ninja API: QBit Ninja is an open source web service API to query the blockchain and for tracking wallets. Servers gently provided by Nicolas Dorier (tips appreciated at 15sYbVpRh6dyWycZMwPdxJWD4xbfxReeHe).
