Topic: Interest in a P2P Exchange - page 5. (Read 5317 times)
Anyone interested on doing a lecture on P2P Exchanges?
Order book functionality and front end websites are trivially implemented.
The problem is and always be: how do you handle the movement of non-bitcoin currencies?
That is not a problem that can be solved with software.
The problem is and always be: how do you handle the movement of non-bitcoin currencies?
That is not a problem that can be solved with software.
Agreed. I really like the localbitcoins approach to it, though it is centralized.
It does allow for a variety of different payment methods and even full anonymity.
I think another important aspect of localbitcoins.com is that you are able to make relationships with people who use bitcoins. That way even if the site ceased to exist any longer, I would still be getting e-mails for more coins. Once these small webs starts to weave themselves, sooner one won't have to ask too many friends before someone knows where to buy bitcoins from (even without a website).
Developing that web initially is what's crucial.
I don't see why we can't use something like retroshare to interact and make posts such as is done on localbitcoins (so that we wouldn't have the centralization of a website).
BTW retroshare is horrible at what it does, but I love the concept.
If you'd like to check retroshare out, shoot me a PM and i'll add ya, there's a bunch of BS bitcoin stuff going on on there right now, but nothing worthwhile.
Quote
Order book functionality and front end websites are trivially implemented.
The problem is and always be: how do you handle the movement of non-bitcoin currencies?
That is not a problem that can be solved with software.
The problem is and always be: how do you handle the movement of non-bitcoin currencies?
That is not a problem that can be solved with software.
That's what I'm getting at. It seems to be the missing link in the entire puzzle
Order book functionality and front end websites are trivially implemented.
The problem is and always be: how do you handle the movement of non-bitcoin currencies?
That is not a problem that can be solved with software.
The problem is and always be: how do you handle the movement of non-bitcoin currencies?
That is not a problem that can be solved with software.
http://translate.google.com/translate?sl=sv&tl=en&js=n&prev=_t&hl=sv&ie=UTF-8&eotf=1&u=http%3A%2F%2Fnyheternasverige.se%2Fforsokte-ha-sex-med-getingbo-avled%2F
At least Ripple makes more sense than this
At least Ripple makes more sense than this
Unfortunately I don't understand how ripple accomplishes this, it requires a network of friends to develop a trust relationship, so for those who have never used it before and don't have friends that use it, its worthless?
Or am I just missing something.
Or am I just missing something.
you're not the only one.
We at Bex.io are working on achieving a variation of this objective. Even though we are starting with individual exchanges running on our platform, we will be enabling cross-exchange order filling, effectively enabling a global liquidity pool. It is not strictly a P2P exchange, rather a backbone that allows trustworthy representation of non-digital assets.
It will be interesting to see future developments in the exchange space.
It will be interesting to see future developments in the exchange space.
I'm actually greatly confused myself, which is why I've been trying to get David to do a lecture on Ripple for my course.
Unfortunately I don't understand how ripple accomplishes this, it requires a network of friends to develop a trust relationship, so for those who have never used it before and don't have friends that use it, its worthless?
Or am I just missing something.
Or am I just missing something.
I'm talking about a secure protocol that is P2P and totally decentralized. I understand Ripple accomplishes this but it is controlled by a single entity and regulatable
Yeah localbitcoins transactions can even been done fully online, including escrow. I've been using them for a while now feel free to check out my profile if anybody needs coins:
https://localbitcoins.com/accounts/profile/joesmoe/
https://localbitcoins.com/accounts/profile/joesmoe/
There's nothing that prevents everyone on this site from placing advertisements on localbitcoins.com.
It doesn't completely solve the problem, but it would help.
It doesn't completely solve the problem, but it would help.
There's been quite a few posts about this. There's a few projects under way iirc.
Also ripple kind of accomplishes this (though I sure as hell can't figure out how to exchange btc <-> USD on it.
Also ripple kind of accomplishes this (though I sure as hell can't figure out how to exchange btc <-> USD on it.
Due to the recent events with both Dwolla and the $75 million lawsuit against Mtgox, it seems increasingly clear that a centralized exchange system is both a significant point of weakness and a heaven for manipulation. I'd curious if anyone in this community has invested a significant amount of time in attempting to develop a P2P exchange. Has anyone written a write paper? Did you come up with an idea but couldn't get funded?
I am considering funding some new ventures in the Bitcoin community after the Summer and if there is a working P2P exchange on the table, then it would be high on my list. Let's start a discussion.
I am considering funding some new ventures in the Bitcoin community after the Summer and if there is a working P2P exchange on the table, then it would be high on my list. Let's start a discussion.
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