[SDC] ShadowCash | Welcome to the UMBRA - page 81.

dickwhite

full member

Activity: 225

Merit: 100

Quote from: rutherford on April 29, 2016, 09:54:19 AM

dadon: Hopefully we can somehow add instant $>btc conversation to the wallet so we can cut the middle men out all together until then ibthink we will have a currencyswap like localbtc built into the market.
But once again im not positive im not on the team

This to me would open so many more doors, especially to those who find acquiring BTC equally difficult. Build a separate in-wallet market to buy and sell SDC directly from payment processors dealing in various fiat currencies and payment methods.

rutherford

sr. member

Activity: 624

Merit: 250

dadon: Hopefully we can somehow add instant $>btc conversation to the wallet so we can cut the middle men out all together until then ibthink we will have a currencyswap like localbtc built into the market.
But once again im not positive im not on the team

rutherford

sr. member

Activity: 624

Merit: 250

dadon: So you dont need to buy sdc on a exchange you just buy btc then the wallet can instantly convert thise btc to sdc so you can buy stuff on the market

rutherford

sr. member

Activity: 624

Merit: 250

dadon: I think what they mean but im not sure and im probably wrong 90% sure i have no clue
I think instant btc to sdc conversation that could be done with shapeshift?

Scofield

full member

Activity: 168

Merit: 100

If you're talking about a system that converts the price of items on the market from SDC to BTC, and lets users pay directly with BTC, that would be great. It will generate alot of buy pressure from people who don't own SDC but want to make use of the market. I like it Wink

Waiting patiently for the next update!

rutherford

sr. member

Activity: 624

Merit: 250

dadon: ^ that ides of btc>sdc on the market genius love it

Kewde

member

Activity: 111

Merit: 15

Eat, sleep, code, repeat.

DirectBTC is not as advanced as they make it seem, I doubt that it's even properly decentralized. I can't say for sure because I haven't looked at the code but it doesn't look that good in my opinion.

DirectBTC seems like a centralized component because it doesn't require the bitcoin blockchain on the buyers computer, yet manages to verify the transaction.
All it does is verify that a transaction happened on the blockchain through some blockchain api on a website.

I don't think I have to explain that it's a bad thing.

At Shadow, we don't pull that kind of tricks. Privacy, anonymity and decentralization is at the core of our application and we will never change that.
We have plans to integrate BTC payment, but it will more likely be as follows:
BTC -> SHADOW -> ESCROW.

We'd make it so BTC is exchanged to Shadow and then you can do the transaction. This way anonymity is preserved..

Scofield

full member

Activity: 168

Merit: 100

From Syscoin thread: http://syscoin.org/directbtc-demo/

rutherford

sr. member

Activity: 624

Merit: 250

dadon: Sounds very unamazing

rutherford

sr. member

Activity: 624

Merit: 250

dadon: DirectBTC feature? Whats that do?

Scofield

full member

Activity: 168

Merit: 100

I just hope the market will be released real soon.... Syscoin is taking the lead with their just-announced DirectBTC feature.

dadon

legendary

Activity: 1190

Merit: 1002

Pecvniate obedivnt omnia.

Quote from: vtr99 on April 26, 2016, 05:33:09 PM

Quote from: rutherford on April 26, 2016, 12:57:37 PM

jadesnail: The only thing I see SDC holding back currently is the lack of a cryptographer on the team. We took a serious dent to our reputation when the anonymity was (partially) broken. No serious transactions happened yet at that time, but it sure didn't do us well

Nonsense. EVERY coin worth talking about has had it's drawbacks and temporary failures. The most important aspect of any coin is having developers with talent, great vision, communication, and determination to move forward as planned. If anything, when the anonymity was partially broken it was an epiphany moment. SDC developers responded with amazing speed and clarity. They supplied not only a fix, but even greater features, and an improved road map. It was a moment when those paying attention should have realized how serious this coin really is... A very short time later SDC is already a far better coin!

Yep im loving the new POSV3 The staking is so consistent, so good and im sure if there was any other problems with the code those helpfull guys over at XMR would gladly point it out, so i guess we are all good now, great work team.

gnargnar

legendary

Activity: 1111

Merit: 1000

crypto-enthusiast since 2012

Quote from: vtr99 on April 26, 2016, 05:33:09 PM

Quote from: rutherford on April 26, 2016, 12:57:37 PM

jadesnail: The only thing I see SDC holding back currently is the lack of a cryptographer on the team. We took a serious dent to our reputation when the anonymity was (partially) broken. No serious transactions happened yet at that time, but it sure didn't do us well

Nonsense. EVERY coin worth talking about has had it's drawbacks and temporary failures. The most important aspect of any coin is having developers with talent, great vision, communication, and determination to move forward as planned. If anything, when the anonymity was partially broken it was an epiphany moment. SDC developers responded with amazing speed and clarity. They supplied not only a fix, but even greater features, and an improved road map. It was a moment when those paying attention should have realized how serious this coin really is... A very short time later SDC is already a far better coin!

well said,
Totally agree Cool

vtr99

legendary

Activity: 1214

Merit: 1000

Never compromise your standards!

Quote from: rutherford on April 26, 2016, 12:57:37 PM

jadesnail: The only thing I see SDC holding back currently is the lack of a cryptographer on the team. We took a serious dent to our reputation when the anonymity was (partially) broken. No serious transactions happened yet at that time, but it sure didn't do us well

Nonsense. EVERY coin worth talking about has had it's drawbacks and temporary failures. The most important aspect of any coin is having developers with talent, great vision, communication, and determination to move forward as planned. If anything, when the anonymity was partially broken it was an epiphany moment. SDC developers responded with amazing speed and clarity. They supplied not only a fix, but even greater features, and an improved road map. It was a moment when those paying attention should have realized how serious this coin really is... A very short time later SDC is already a far better coin!

rutherford

sr. member

Activity: 624

Merit: 250

dadon: Will get us more widespread attention and hopefully attract qualified and eager volunteers im sure plenty will jump at the chance at contributing to such a great project

rutherford

sr. member

Activity: 624

Merit: 250

dadon: I believe market release will help fix that problem

rutherford

sr. member

Activity: 624

Merit: 250

jadesnail: The only thing I see SDC holding back currently is the lack of a cryptographer on the team. We took a serious dent to our reputation when the anonymity was (partially) broken. No serious transactions happened yet at that time, but it sure didn't do us well

rutherford

sr. member

Activity: 624

Merit: 250

dadon: Thats just my vision but it seams to be becoming reality slowly

rutherford

sr. member

Activity: 624

Merit: 250

dadon: I believe there will be many niche markets in crypto digital payments, digital contracts, real estate, privacy, etc and i thiink privacy will be one of the bigger crypto markets and there is a good chance sdc will lead it

rutherford

sr. member

Activity: 624

Merit: 250

dadon: Big money moving into crypto now the good projects are all going to have there day we just need to keep pushing on

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