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Topic: bitsquare.io - The P2P Fiat-Bitcoin Exchange - page 8. (Read 34699 times)

full member
Activity: 171
Merit: 100
thanks, im trying!
and greeting vom austria to austria Smiley
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
We are proud to present you our official Beta version.
Please download here:
https://github.com/bitsquare/bitsquare/releases/tag/v0.4.4

Never run binaries which are not signed by Bitsquare or hosted on other locations!
staff
Activity: 4270
Merit: 1209
I support freedom of choice
There is also the new official group chat on Telegram Smiley
https://telegram.me/bitsquare

New forum!
https://forum.bitsquare.io/

And Reddit
https://www.reddit.com/r/bitsquare/
legendary
Activity: 2412
Merit: 1044
Hi,

I have not read the whole thread in the links but if it is a 2of2 MultiSig then it is the initial concept i tried out which turned out that it is unsafe regarding blackmail.
as the deposit is async the party with less money locked can blackmial the other in sending a pre-signed blackmial payout tx. that way its rational to accept the blackmail.
If the concept you mentioned is differnt to that what I assumed, can you describe it quickly? I don't have much time yet for reading too much...


hey guys was at today's presentation...

let me ask a question, why arbitrary system and why not bithalo system for escrow??

https://github.com/OpenBazaar/OpenBazaar/issues/528

http://bithalo.org/wp-content/uploads/2014/06/whitepaper_twosided.pdf

two sides escrow may include a "security" 3rd part escrow in case users agree...

The deposit is not async! You simply don't understand.

Both parties deposit to the 2 of 2 in the same transaction. You need to read the whitepaper more carefully next time. You realize you can have as many parties as you want on the same tx?

Also while in escrow there is a bomb transaction so its timed.

Lastly, when both parties are in escrow they could be in 1:1 or 2:1 (remember it was all done in one transaction, temporary transactions were only used to make the bomb)
Even if they are in 2:1 in escrow, an extortionist would not be able to profit since his funds are also at risk thus any extortion would obviously result in the loss of his deposit as well.
member
Activity: 202
Merit: 36
Question:

https://vimeo.com/113833533

What happens if the bitcoin seller doesnt confirm that he received the funds in his bank account?

This is the only part that I'm not understanding

Then he can contact the arbitrator after the trade period is over.

Arbitrator? What is that exactly?

And who defines the trade period?
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
Question:

https://vimeo.com/113833533

What happens if the bitcoin seller doesnt confirm that he received the funds in his bank account?

This is the only part that I'm not understanding

Then he can contact the arbitrator after the trade period is over.
member
Activity: 202
Merit: 36
Question:

https://vimeo.com/113833533

What happens if the bitcoin seller doesnt confirm that he received the funds in his bank account?

This is the only part that I'm not understanding
newbie
Activity: 14
Merit: 0
I cant wait for this. Ill definatly be in the ICO! But please make it a DAO with profit share of some type, and i'll invest the farm. Time to teach Ebay and Paypal a lesson in business.
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
There is a new version of Bitsquare available.
https://github.com/bitsquare/bitsquare/releases/tag/v0.4.3

This version is backwards compatible with version 0.4.2.

Release notes:
* Check if BC provider is defined
* Ignore stupid oracle limited security permissing by reflection
* Add check if correct architecture version is installed (32/64 bit)
* Fixed issues with "could not generate key" error
* Increased take offer availability check timeout
* Reduce FP rate for bloomfilter to reduce bandwidth consumption
* Added new altcoins: NEM, Anti.cash, VPNCoin, MaidSafeCoin, YbCoin, VeriCoin, EverGreenCoin, CloakCoin, Espers
* Add altcoin name to button in market overview
* Use home dir for directory chooser at backup screen
* Remove string abbreviation at copy altcoin address
* Update to latest java version
* Fix bug at exit from system tray
legendary
Activity: 1779
Merit: 1100
some news:

Bitsquare in the Daily Decrypt (Manfred Karrer interview)

https://youtu.be/Torsqmubq68


And presentation of the project in the Barcelona Bitcoin Community next 27/4, more info here:

http://www.meetup.com/bitcoin-barcelona/events/230228028/
IMZ
legendary
Activity: 1498
Merit: 1000
'IndiaMikeZulu' is an alliance of Australian crypto geeks. We have just found Bitsquare, and will read up on it -- the idea is great.

Mark
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
Keep up the good work guys.
I just want to specify that I'm only writing about new versions because I like the project.
Everything is developed by k99.

You are my best promoter! :-) Thanks for for all!
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
Keep up the good work guys. I know its hard working on projects like this when they are quickly overshadowed by far simpler innovations (with lower security guarantees.) Especially when no one seems to appreciate what you're doing or "get" it. But I guess keep grinding and making the UX as simple to use as possible and it will definitely pay off.

I'm sure you guys already know this: but there's currently a lot of room for getting different crypto-financial systems all talking together with secure protocols. A bridge between different projects that can't be hacked is still needed and the complexity of such a system seems to have turned almost everyone else away. In the future, new cryptographic techniques may also make it possible to do decentralized, proof of bank transfer which could be tied directly into atomic smart contract protocols for trading money. I am almost certain this would be possible to do now but probably not by those outside of higher mathematics and cryptography.

Anyway, I thought I'd post some encouragement since I've been in your shoes before.

Hi,
thanks for your feedback!
I just read about your Coinbend project. A pity that it did not caught more traction!
In fact a very good idea to use micro payment channels for cryto exchange as alternative to the normal atomic cross chain exchange idea. I was once close to give up Bitsquare and work instead on an atomic cross chain exchange for cyrptos, but I found it too problematic from dev effort to support a wide range of currencies (specially non Bitcoin based ones, which are usually the more interesing ones).

What I read in your posts I share a lot of your thoughts regarding P2P exchanges and I am also concerned about the problem how to bootstrap it and how to get network effects.
I just think you under-estimated one motivation for users to use P2P exchanges: Privacy.
That is what Bitsquare will mainly be focussed on. But that is of course more relevant for the Fiat side and not that relevant for pure crypto exchanges as they are mostly not regulated (yet).
The security argument I agree is not a sufficient motivation for most users.

I did not had time yet to read your articles on http://roberts.pm but sounds very interesting from what I skimmed over. Sounds you have a lot of experience with crypto and interesting ideas.

Regarding further ideas in Bitsquare:
There is a lot in the pipeline... But I try to stick with the current priorities so did not spent too much time to dive deeper into those ideas. But just to give an overview whats planned:
- DAO (Bitsquare issues shares to contributors and those recieve fee payment of traders)  - that might be implemented in about 3 months
- JoinCoin: Maybe integrate JoinMarket if possible (have not looked into it how)
- P2P micro credit market
- Integrated fiat accounts (OKPay, PerfectMoney) to allow automated trades
- Sponsor PageSigner development (https://tlsnotary.org/) to get 100% reliability (does not work with all webpages atm)
- Communication tools for the DAO involving voting and reputation based governance tools
- P2P network as library / standalone project for other projects
- Atomic cross chain exchange for crypt currencies
- Marketplace (if there is a need for another after OpenBazaar)

I am not sure what you are currently working on, but if you have time and interest I would appreciate to talk to you.
I was most time the only dev (so I know very good the feelings you expressed with the frustration working on such projects alone and getting little support), now I have a second half-time dev for the P2P network stuff, but the project would require 3-4 fulltime devs to do all what should be done. As well as people for helping on the promotion side.
As Bitsquare is intentionally not VC funded there is no money for hiring people. But the DAO model should be an incentive and a new reward and distributed ownership model.
I will post soon a blog post with more details about the DAO.

PM me if you are interested to talk more...
staff
Activity: 4270
Merit: 1209
I support freedom of choice
Keep up the good work guys.
I just want to specify that I'm only writing about new versions because I like the project.
Everything is developed by k99.
member
Activity: 114
Merit: 16
Keep up the good work guys. I know its hard working on projects like this when they are quickly overshadowed by far simpler innovations (with lower security guarantees.) Especially when no one seems to appreciate what you're doing or "get" it. But I guess keep grinding and making the UX as simple to use as possible and it will definitely pay off.

I'm sure you guys already know this: but there's currently a lot of room for getting different crypto-financial systems all talking together with secure protocols. A bridge between different projects that can't be hacked is still needed and the complexity of such a system seems to have turned almost everyone else away. In the future, new cryptographic techniques may also make it possible to do decentralized, proof of bank transfer which could be tied directly into atomic smart contract protocols for trading money. I am almost certain this would be possible to do now but probably not by those outside of higher mathematics and cryptography.

Anyway, I thought I'd post some encouragement since I've been in your shoes before.
staff
Activity: 4270
Merit: 1209
I support freedom of choice
https://github.com/bitsquare/bitsquare/releases/tag/v0.4.2

Quote
This is a preview of the upcoming Beta version.

Release notes:

- Add percentage based price for offers (distance from market price).
- Fix bloom filter privacy vulnerabilities in BitcoinJ
- UI improvements
- Bug fixes

This version is NOT backward compatible to version 0.4.1 or earlier.
If you had already Bitsquare installed please read the following instructions:
Before installing the new version please close your open offers, wait until your trades are completed and transfer your Bitcoin funds to an external wallet.
Backup your current application data directory and afterwards delete the data directory.
You can find the application data directory under those locations or open it at the "Account/Backup" screen:
Mac OSX: /Users/username/Library/Application Support/Bitsquare
Linux: /home/username/.local/share/Bitsquare
Windows 7,8: C:\Documents and Settings\username\AppData\Roaming\Bitsquare
Windows XP: C:\Documents and Settings\username\Application Data\Bitsquare
Once the data directory is removed you can install the new version of Bitsquare.
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
A new version is deployed:  https://github.com/bitsquare/bitsquare/releases/tag/v0.4.1

Release notes:

    Fix bug when trader is offline and use password protection signing payout tx fails
    Add wallet restore from seed words option at enter password popup at startup
    Fix bug with pressing enter closing wallet password popup at startup
    Fix bug with timeout warning popup at startup
    Set default font size to avoid systemwide font scaling in Windows
    Remove option for BitcoinJ over Tor (Tor in BitcoinJ is considered experimental; Bitcoin over Tor will be supported later over our native Tor instance)
    Add sticky market price checkbox to settings: If sticky market price is selected market price does not change with currency selection, otherwise it is context sensitive.
    Fix bug with not pruning rolling backup files
    Show by default all currencies in offer book
    Add fiat/altcoin amount and spend or receive flag to offer and trade details windows
    Allow create offer when "show all" is selected in offer book and default currency is not matching payment account currency
    Add informational popups
    Improve wordings

This version is backward compatible to version 0.4.0.
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
Seems you sleep even less than me :-)
staff
Activity: 4270
Merit: 1209
I support freedom of choice
https://github.com/bitsquare/bitsquare/releases/tag/v0.4.0

Quote
This is a preview of the upcoming Beta version.

Release notes:

- Support usage of a global Bitsquare wallet for funding multiple offers/trades
- Alternatively support of trading wallets for separating trades and getting higher privacy protection
- Add screens for deposit funds and locked funds
- Use combo box for exchange rates
- Add Windows 32 bit binaries
- Add Linux 32 bit binaries
- Increased trade limits:
-- Bank transfers: 0.5 BTC
-- Other payment processors: 0.75 BTC
-- OKPay, Altcoins: 1 BTC
- Reduce trade tx fee to 0.0002 BTC
- Reduce default withdrawal tx fee to 0.0001 BTC
- Make withdrawal tx fee adjustable in settings
- Add check for too wide deviation from market price at create offer
- Make deviation from market price adjustable in settings
- Rolling backup for all files (wallet, db, tor hidden service private key)
- Improve UI for restoring wallet from seed words
- Add button for opening data directory
- Use clearnet instead of Tor for BitcoinJ as default
- Remove check for mining fee at deposit tx
- Support sorting for all table columns
- Show contract in new window
- Fix Font render issue on Linux
- Use altcoin name when setting up the address for the cryptocurrency account
- Use system time instead of blocks for remaining trade time
- Add "About Bitsquare" screen

This version is NOT backward compatible to version 0.3.6 or earlier.
If you had already Bitsquare installed please read the following instructions:
Before installing the new version please close your open offers, wait until your trades are completed and transfer your Bitcoin funds to an external wallet.
Backup your current application data directory and afterwards delete the data directory.
You can find the application data directory under those locations:
Mac OSX: /Users/username/Library/Application Support/Bitsquare
Linux: /home/username/.local/share/Bitsquare
Windows 7,8: C:\Documents and Settings\username\AppData\Roaming\Bitsquare
Windows XP: C:\Documents and Settings\username\Application Data\Bitsquare
Once the data directory is removed you can install the new version of Bitsquare.
k99
sr. member
Activity: 346
Merit: 255
Manfred Karrer
I think this will be innovative and I will definitely be using it once it is up and has some users in the system.
I tend to not use things right away, until the bugs have been sorted out. But will be waiting for this to be available at 100% before putting anything into it.
I like the name as it is attractive to the non bitcoin user.

It is already running on mainnet and there are trades going on. Over 200 trades executed so far. No coins lost.
The beta launch will be end of april.
I understand your concerns regarding bugs but you know without users helping us testing the alpha version we will never get to the beta version :-)
You can trade with very small amounts to limit your risks.
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