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Bitcoin => Bitcoin Discussion => Topic started by: cryptocurrencylive on June 21, 2014, 10:34:54 AM



Title: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: cryptocurrencylive on June 21, 2014, 10:34:54 AM
Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System

http://cryptobizmagazine.com/wp-content/uploads/2014/06/bitbasket-v1.pdf



Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: DooMAD on June 21, 2014, 01:03:30 PM
Sounds like it has potential.  I had started to wonder what happened to all the discussion about sidechains and treechains, so hopefully this puts it back into the spotlight and some progress can be made towards it. 


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: unexecuted on June 21, 2014, 06:33:42 PM
Seems pretty interesting. Would love to see this gonna work


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: aws on June 24, 2014, 08:28:40 PM
+1

If there are any updates or implementations please let us know


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: nahtnam on June 24, 2014, 09:48:54 PM
I would love to see this implemented.


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: franky1 on June 25, 2014, 12:05:18 AM
seems every noob under the sun is getting bored of pump and dumping new altcoins. and now they are all making wallet services..


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: nahtnam on June 25, 2014, 12:15:53 AM
seems every noob under the sun is getting bored of pump and dumping new altcoins. and now they are all making wallet services..

They cant really make money from wallets though.


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: Swordsoffreedom on June 25, 2014, 12:19:09 AM
My question is how this would scale multiple blockchains into one unified wallet
That said a few combined services would be useful instead of having 10 wallets having them all in one wallet is simpler
The question is overall wallet security but the convenience aspect is nice.
It can be done on the sidechain system with merge mine so will keep this on a watchlist nice share.


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: franky1 on June 25, 2014, 12:34:50 AM
seems every noob under the sun is getting bored of pump and dumping new altcoins. and now they are all making wallet services..

They cant really make money from wallets though.

you can if you wait a few months to lull people into a sense of security, and once you see a total that you think is worthy.. shout the words "we have been hacked"

then just make a new username and thats it..... too many times people are trusting nameless faces and hearing the we been hacked excuse


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: ThomasCrowne on June 25, 2014, 02:52:59 AM
seems every noob under the sun is getting bored of pump and dumping new altcoins. and now they are all making wallet services..

They cant really make money from wallets though.

you can if you wait a few months to lull people into a sense of security, and once you see a total that you think is worthy.. shout the words "we have been hacked"

then just make a new username and thats it..... too many times people are trusting nameless faces and hearing the we been hacked excuse
Isn't this pretty much what happened with tradefortress with the whole inputs.io thing?


Title: Re: Bitbasket: A Scalable Peer-to-Peer Multi-Cryptocurrency Wallet System
Post by: CoinHoarder on June 25, 2014, 02:57:19 AM
seems every noob under the sun is getting bored of pump and dumping new altcoins. and now they are all making wallet services..

They cant really make money from wallets though.

you can if you wait a few months to lull people into a sense of security, and once you see a total that you think is worthy.. shout the words "we have been hacked"

then just make a new username and thats it..... too many times people are trusting nameless faces and hearing the we been hacked excuse

Did you even read the white paper?