Can you make it easy to for instance:

Pay bitpay merchant from Coinbase account, keeping it off blockchain and
instant and cryptographically verifiable that no hanky panky.

Federated clearing systems that solve the above type of scenario are going
to be first big boost for systems like open transactions ho.

This is a real world problem BTW.

Sometimes Coinbase to bitpay merchant payment exceeds 15 minute bitpay
price window and purchase fails, and then you are in refund/ customer
service hell.

If 1 mb block limit is not increased which I predict is the case this type
of problem will happen with higher and higher frequency.

Tldr help bitcoin become a clearing currency and you and ot will have great
success.

Current demand is probably low because blockchain fees are cheap but the
future is in off chain federated transaction processing.

Good luck!
On Jul 14, 2014 11:26 PM, "Uwe Cerron" <uwecerron@???> wrote:

> Hello,
>
> I was wondering what are your opinions on decentralbank.com, i began
> building it as a colored coins bitcoin wallet complementary to open
> transactions audit servers, by storing bitcoin funds inside the audit
> server which act as multisignature wallets among other things, people would
> exchange the rights to the bitcoin and skip transaction fees, i thought
> this would be very useful for low income countries.
>
> I will be using open transactions technology and will be expanding audit
> servers which allow multi signature deposits to support colored coin
> definitions as a way to create a decentralized asset definition storage for
> colored coins. I was wondering if you guys think there is demand for this
> or am i just wasting my efforts?
>
> The repo is open source and located here https://github.com/DecentralBank
> Open transactions audit servers are part of the voting pools scheme for
> those of you who don't know here is the link
> http://opentransactions.org/wiki/index.php?title=Category:Voting_Pools
>
> Thanks,
> Uwe Cerron
>
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>