tl;dr: Proposal and prototype for a distributed exchange not requiring a banking gateway. Implemented as a plugin for Retroshare. Licensed under the LGPL.
The Achilles heel of Bitcoin is the exchanges. Centralized as they are, they can be stifled or even shut down by a number of means, by a number of players. Should that happen, price discovery of Bitcoin will not work any more. To address that, we offer a distributed exchange without the need of the banking system. Some intro is here:
https://github.com/zeroreserve/ZeroReserve/wikiA tech paper is here:
https://github.com/zeroreserve/ZeroReserve/wiki/zeroreserve.pdfIn short, ZR uses the Ripple idea of Ryan Fugger to get money in and out of the exchange, although I prefer to give credit to Hawala. ZR has nothing to do whatsoever with ripple.com. There is no pre-mining, no company, just code, no strings attached.
This is still prototype software. Anything may or may not work. Security is only what the underlying Retroshare provides. Currencies are therefore only defunct or fantasy currencies such as German Papermark(1923) or micrograms of Fools Gold. Nothing you do has any effect on the real blockchain - its all TestNet.
Once
the issue list has all serious issue resolved, we'll announce a final test run and then start the life network.
Zero Reserve has been developed on Linux. It builds and runs on Windows, too. OSX has never been tried, but there is no particular reason it should not work on this platform.
RetroShare (retroshare.sourceforge.net) is a prerequisite.. If you are not a user of RetroShare yet, recent NSA revelations suggest that you start now. Once you are on Retroshare and have some friends, you should be able to install and play with ZeroReserve. You should also be able to use this link to get and subscribe to the Zero Reserve Forum:
retroshare://forum?name=ZeroReserve&id=b87d0a5577ced312d88a0ee8176e24a1
The code and an installation guide is here:
https://github.com/zeroreserve/ZeroReserveSome setup is needed to get ZeroReserve ready to trade:
https://github.com/zeroreserve/ZeroReserve/wiki/Getting-started-with-Zero-ReservePlease get involved to help make this happen. Everything, not only coding is of help: Media work - spreading the word, Graphics / web site design, Testing and anything that helps to get critical mass.