i wasn't aware of that problem, thanks Thomas!


On Tue, Jul 15, 2014 at 12:16 PM, Thomas Hartman <thomas@???>
wrote:

> 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
>>
>> _______________________________________________
>> unSYSTEM mailing list: http://unsystem.net
>> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>>
>>
> _______________________________________________
> unSYSTEM mailing list: http://unsystem.net
> https://mailinglists.dyne.org/cgi-bin/mailman/listinfo/unsystem
>
>