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Topic: Building A fully decentralized, automated, and anonymous bitcoin exchange! - page 2. (Read 2732 times)

hero member
Activity: 714
Merit: 500
It's nothing like bitcoin.

the point is it will allow for the decentralization of exchanging BTC to dollars or dollars to BTC

I got you,  nice idea.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
It's nothing like bitcoin.

the point is it will allow for the decentralization of exchanging BTC to dollars or dollars to BTC
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
If they are a secure payment clearinghouse with no transaction fees, deposits, or dues, then I'm in. Otherwise, it is just another Roach Motel.
hero member
Activity: 714
Merit: 500
It's nothing like bitcoin.
legendary
Activity: 1358
Merit: 1002
And where does our money end up if mintchip bellies up?

On the Royal Canadian Mint belly, perhaps?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
And where does our money end up if mintchip bellies up?

MintChip is will be issued by the Royal Canadian Mint  

If they ever stop supporting MintChip, my guess they will allow you to return all funds to your bank account.

if not, you can take it up with the government of Canada.
hero member
Activity: 504
Merit: 500
And where does our money end up if mintchip bellies up?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Is there any mention of bitcoin on that site, to much effort scanning through another website.

their is a thread called bitcoin http://mintchipchallenge.com/forum_topics/757

LoL that website and demo instructions etc could just be replaced with bitcoin cause essentially thats what they "introduce"

the main difference with MintChip and bitcoin is that bitcoin stands alone without anything backing it, MintChip appears to be Fiat money in its digital form.
hero member
Activity: 504
Merit: 502
LoL that website and demo instructions etc could just be replaced with bitcoin cause essentially thats what they "introduce"

Is there any mention of bitcoin on that site, to much effort scanning through another website.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
Check out the Mint Chip video > http://developer.mintchipchallenge.com/index.php

This is very much like bitcoin, in that it is digital cash that can be transferred from person to person without a third party.

Using this new technology we will finally be able to implement a fully decentralized, automated, and anonymous bitcoin exchange.

I plan to use the .NET api for mint chip along with bitcoind to create the first fully decentralized bitcoin exchange!
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