Cypherpunkd #019: “Global Bitcoin Stock Exchange and Bitdrop” – Nefario
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DGCMP
Apr 28, 2011, 4:26:44 PM4/28/11
to open-tra...@googlegroups.com
The Global Bitcoin Stock Exchange, Bitcoin, Open-Transactions, Loom,
GSF, CoatCheck� Buckle your seat-belt Dorothy, cause Kansas is about to
go bye-bye. This episode is not for the faint of heart. Nefario starts
off telling us some of his background motivation for creating this
project. How it started off as a reputation system, but then the GLBSE
seemed like a need to be fulfilled first. Discussion on the recent spike
in Bitcoin adoption and market activity. We cover features of the GBSE,
things working now, things being coded now. How they started with
Open-Transactions, but moved to their own backend, and future plans for
their replacing most of the backend with future Open-Transactions
releases. We go over the Tutorial showing basic features of the system,
Register, Deposit, Withdraw, Transfer, Place Order, Show Orders, Issue
Assets. Ricardian contracts example of issuing your own Bond, pgp key
signing of contracts. Integrating Loom and GSF Globals as an additional
settlement/payment currency in GLBSE. Integrating Open-Transactions and
other systems. Possibilities of P2P comms with future clients,
encryption transports, encrypted messages over OTR. Issues of criminal
organizations attacking this system, the need to take it deep in the
darknets.
Nefario also lets us know about his other future project �Bitdrop� a
distributed package delivery system with couriers getting paid with
bitcoin. Programmers wanted! Doing onion routing and geocache, f2f
networks. We discuss massively distributed p2p hawala systems with
anyone and everyone an exchanger for in/out of second realm currencies.
GLBSE METATRADING and his article on anonymous exchange networks.
GSF, CoatCheck� Buckle your seat-belt Dorothy, cause Kansas is about to
go bye-bye. This episode is not for the faint of heart. Nefario starts
off telling us some of his background motivation for creating this
project. How it started off as a reputation system, but then the GLBSE
seemed like a need to be fulfilled first. Discussion on the recent spike
in Bitcoin adoption and market activity. We cover features of the GBSE,
things working now, things being coded now. How they started with
Open-Transactions, but moved to their own backend, and future plans for
their replacing most of the backend with future Open-Transactions
releases. We go over the Tutorial showing basic features of the system,
Register, Deposit, Withdraw, Transfer, Place Order, Show Orders, Issue
Assets. Ricardian contracts example of issuing your own Bond, pgp key
signing of contracts. Integrating Loom and GSF Globals as an additional
settlement/payment currency in GLBSE. Integrating Open-Transactions and
other systems. Possibilities of P2P comms with future clients,
encryption transports, encrypted messages over OTR. Issues of criminal
organizations attacking this system, the need to take it deep in the
darknets.
Nefario also lets us know about his other future project �Bitdrop� a
distributed package delivery system with couriers getting paid with
bitcoin. Programmers wanted! Doing onion routing and geocache, f2f
networks. We discuss massively distributed p2p hawala systems with
anyone and everyone an exchanger for in/out of second realm currencies.
GLBSE METATRADING and his article on anonymous exchange networks.
AgoristRadio.com: Cypherpunkd with Hiro White
Show & Notes: http://agoristradio.com/?p=285
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