Cam2Cam Bitcoin Web Application | Bitcointalksearch.org

Andrew Vorobyov

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Activity: 558

Merit: 500

It has to do a lot with this thread - https://bitcointalksearch.org/topic/tx-replacement-and-nlocktime-67739

Quote from: Andrew Vorobyov on March 21, 2012, 04:31:58 AM

This is the explanation I gave when I was at the Israel Bitcoin Meetup

Imagine you play poker with your friend... Both of you have stack of chips... During the game you stack of chips grows\shrinks... When you done you change chips into cash and go..

Now imagine you play with Bitcoins instead of chips...

Pot = 2-of-2 multi signature transaction ( tx A)

After each round you (you and your partner ) create transaction ( 1 input(tx A) and 2 outputs ) (don't transmit into network ) representing your bitcoins if the game will end right now.

When game is over and you want to cash out - you send latest transaction to network...

Is it clear now?

Now apply it to oneway bitcoin movement from client account to girl's account...

If we manage to do this software - in 2 years all webcams will be working like this.

tacotime

legendary

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Merit: 1005

Bump and 1BTC reward just for making the site

I'll increase it as time goes on

anthony_

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Activity: 65

Merit: 10

Truly P2P anonymous connections aren't possible unless one side has ports open in their firewall for accepting incoming connections which a lot of people either don't have or can't open up.

Omegle, Skype, and other chat services usually use an intermediary peer or server.

tacotime

legendary

Activity: 1484

Merit: 1005

those are similar but not really the same idea, save for maybe the first one. Should be an easy code, i'm surprised it's not up already. Probably a lot of money to be made here if advertised well.

evoorhees

legendary

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Democracy is the original 51% attack

It absolutely needs to be done.

koin

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Quote from: tacotime on April 12, 2012, 04:30:08 PM

I was wondering if anyone had pondered this before?

tacotime

legendary

Activity: 1484

Merit: 1005

I was wondering if anyone had pondered this before?

It would be an adult entertainment site with P2P connection of a client to a client; communications between clients are P2P, however the site itself can accept bitcoins from clients and then, once confirmed, transfer them instantly to one another through the server (the only non-private P2P communication). The incentive for the company is to take a percentage fee from each transaction. Hence, the servers acts as an escrow and a P2P webcam chat service.

The code should be easy, the same as omegle, you just need to code for bitcoin addresses to deposit to and then give the users randomly generated tokens with a long length to log in with (so as to keep the service anonymous).

Topic: Cam2Cam Bitcoin Web Application (Read 2361 times)