Topic: #assets-otc - Contract Management System - page 4. (Read 11898 times)

Yes - any transfer always needs to go through the asset issuer (or the person he hired to keep the books).
It's not only for double-spend prevention, but most of all for the AI to always have the up-to-date list of his shareholders.

Does this mean that if I (Bob) want to sell 35 A_BOND for 1 BTC each to Alice, we need to go through the asset issuer? Otherwise, I don't see the double-spend prevention.

So here are the latast news:

1) I made About page where you can learn what the service is all about without a need to read this forum.
2) The users can already download signed receipts for the transactions that they were involved in (it's in the History tab).
3) The secured dividend payment tool is ready and available on github: https://github.com/piotrnar/paydiv
4) There is only one slot left from the ten I mentioned before - so only the next person to register on the site will get 10 sharers of the ASSETS-OTC project, completely for free.
5) Those who already did get the shares, if you haven't yet, please submit your dividend withdrawal address - you never know when I may be in a good mood, or just want to test my stuff with some real bitcoin - and then you wouldn't want to miss it...

Any account without the dividend address set will be considered as "this one gives up the dividends".
It is in your own interest to have the dividend payment address submitted.
AI is not a deposit box, so if you don't take it while they payment is going out - you loose it.

The point is you can keep a list of all your shareholders on your own pc and dont need a server to manage them.

I'm liking this idea, how can the system be run without a specific operator becoming a target. What I mean is, if someone wanted to list shares for a service or something that would generally be considered illegal what is to stop the feds from going after the site operators (currently you in this example) and the issuer?

MPex still has a lot of work to be at a certain level, but the vision is there

MPex is superior to GLBSE in terms of security and anonymity.

I don't know much about MPEx - never even tried using it, since your system looks in a way that scares me off the first second after I load the page.
But as far as I've managed to learn about MPEx, it is a trading platform, whilst #assets-otc is a contract management system where the actual trading is off the scope.

Moreover, MPEx does use PGP signatures, but only as an authentication method for trading transactions and withdrawal requests. And as far as I understand what a "withdrawal requests" means, it means that there is still money stored in the service, that can be stolen and thus one day probably will - if not by you (the owner), then by somebody else (a hacker)..

So as for me, MPEx is a completely different idea, based on a completely different security concept.
Not to mention that it looks just like shit and the interference is anything but intuitive, even though it is already six months old... you obviously have done a great job for the last six months, improving the service for your customers, making it so much more user friendly... fuck yeah! If I had been a masochist, I would have probably liked trying MPEx... though hammering a nail with a piece of wool into my own ass would still seem to be a simpler process than using the service that you are so proud of.

And my WoT rating is 5, not 0 - so don't lie.
But whatever it would have been it does not matter at all, because unlike you, I do not need anyone to trust me with his money.
I am giving out to people a top security bookkeeping and dividend payment service for free. And beat me on this, if you can. Good luck.

Wrapping it up: you'd look much less like an idiot if you just didn't come to this topic advertising your shit using my brilliant idea as the bait.

So basically you've made a shitty MPEx, six months late and with all the credibility of a 0 WoT rating. Good luck.
You'd look much less like an idiot if you just said that to start off, rather than wait for me to say it.

No. Because I want to verify the contract first.

I see. Do you plan to support the ability for users to issue assets themselves?

Send me the signed contract for the asset and I will add it to the system, putting your account as the AI.

Ok. signed up. How do I issue assets?

registered

yep it works!

How about now?

Thanks - I'm on it...

just a bug report, when i try to set a dividend bitcoin address it sends me to a blank page and doesn't set it.

Welcome guys!
70 more worthless shares to give away...

Same here I signed up, looks like a cool system.