The bitcoin client does. Not sure what FT is developing in Open-Transactions. If you have posting rights in the forum where he posted, I'm sure he would answer any questions about what it is using. I know it is using some pretty advanced serializing code. I'm still trying to get my head around it all.
BlueWall
Topic: Open-Transactions the trading system of the future? (Read 788 times)
Reading the FAQ:
Quote
Bitcoin cannot be shut down since there is no central server.
Doesn't a Bitcoin client need to connect to IRC first to get the list of IPs? It sure looks like a single point of failure.
Thanks!
Some podcasts about it...
If it helps, some people have understood the system better after listening to the Radio interview...
part 1: http://agoristradio.com/?p=234
part 2: http://agoristradio.com/?p=246
1) — The typical centralized system is fully-traceable. You are
always under the watchful gaze of the “all-seeing eye”.
But on OPEN-TRANSACTIONS, blind signatures are employed, providing
untraceable digital cash.
I won't pretend to understand that whole post... but getting out from under the all-seeing eye of Sauron is a worthy effort.
Please see...
http://forum.bitcoin.org/index.php?topic=20425.0
couldn't join the discussion there because of the noob restrictions.
This is a very comprehensive system and is developing fast. Great concept, built around many complimentary systems.
http://forum.bitcoin.org/index.php?topic=20425.0
couldn't join the discussion there because of the noob restrictions.
This is a very comprehensive system and is developing fast. Great concept, built around many complimentary systems.
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