:: Re: [unSYSTEM] Transferring btc-fia…
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Autor: Adam Gibson
Datum:  
To: System undo crew
Betreff: Re: [unSYSTEM] Transferring btc-fiat using ssl logging and oracles
Thanks for the responses. We'll be in Milan on the 2nd December. Looking
forward to it.
I just opened reddit and saw this, another example of the problems William
describes (by the way, btc-e is not really new William!):
http://www.reddit.com/r/BitcoinUK/comments/1r7lek/banks_block_sepa_transfers_to_bitstamp/
We want people to be able to do peer to peer bank transfer with the
possibility of proving they've done it, thus enabling trust.

Our coding isn't finished; so far we've focused on that proof aspect, that
part is finished and being tested with real bank examples (although far too
few - if anyone wants to volunteer to try it, look at the instructions in
my previous message),also we've got multisig code ready for the escrow of
btc. The messaging part isn't finished. There's also the possibility of
integration with OpenTransactions which dansmith is actively looking at
right now.


On Fri, Nov 22, 2013 at 12:57 PM, William Patterson <wpatterson1@???>wrote:

> I also agree with Mathias, and have found a new project called BTC-E at
> https://btc-e.com/ where you can buy BTC as well as other digitals for
> much less than at Localbitcoins. But the achilles heel is still getting
> funds into the project. Us guys here in the USA are shut out from nearly
> all the e-currency exchangers by our oppressive over-reaching all-spying
> government! Yea to anarchists like Amir Taaki and Cody Wilson, et al.
> Viva Liberitad!
>
> Thanks for listening,
> Bill
>
>
>
> ----- Original Message -----
>
> From: Mihai Alisie
>
> Sent: 11/21/13 09:26 PM
>
> To: System undo crew
>
> Subject: Re: [unSYSTEM] Transferring btc-fiat using ssl logging and oracles
>
> I agree with Mathias. Also looking forward to hearing more about your
> project.
>
> Cheers,
> Mihai
> On 22/11/13 03:22, Mathias Groennebaek wrote:
>
> Your project sounds very promising, exchanges are the achilles heel of
> bitcoin, and in many cases the people who are most likely to pursue
> regulatory compliance are people who run exchanges.
>
> Localbitcoins is a good project, but it lacks ease of use. Which is key.
>
> Would be interresting to hear more about.
>
>
> On Thu, Nov 21, 2013 at 9:40 PM, Adam Gibson <ekaggata@???> <ekaggata@???> wrote:
>
>
> Myself and dansmith on the BTC talk forum have been developing a system
> for allowing people to buy BTC via bank accounts,OK Pay and others without
> the need for trusting a third party, by making a verifiable record of the
> ssl session, and using 2 of 3 multisig for dispute resolution. The project
> is described in brief here: https://bitcointalk.org/index.php?topic=326233.msg3499434#msg3499434
> and we already have "oracle" machines running for testing.
>
> Code is at https://github.com/themighty1/ssllog and other places.
>
> Detailed technical descriptions aren't really set up but you can see the
> (completely rambling) development in https://bitcointalk.org/index.php?topic=173220.msg3429555#msg3429555.
>
> Would people be interested in our coming to Milan to discuss it?
> I realise (well I think I do) that the meetup/conference is not mostly
> about this kind of thing, but I just thought there might be some interest.
>
>
>
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> --
> Editor-in-Chief Bitcoin Magazine
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