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Title: TorATM, a anonymous commodity market for twenty dollar bills Post by: Seed on July 05, 2013, 07:30:36 PM TorATM has been running for a while but has recently opened up public sign-ups. It uses a relational trust system and rating similar to the one implemented here recently.
-----BEGIN PGP SIGNED MESSAGE----- Hash: SHA1 After a year of work and a closed beta period TorATM is ready for launch. TorATM is meant to solve two major problems. 1. Provide a venue where anyone with a twenty dollar bill and access to Tor can buy bitcoins. 2. Provide a way for bitcoin users to quickly sell their bitcoins for cash anonymously with a 0% fee. TorATM is a commodity market where the commodity is twenty dollar bank notes. It could be compared to the "Money" section of Bitmit combined with MtGox. You place ask or bid orders to exchange whole twenty dollar bills for bitcoins. The basic workflow of an order is as follows; 1. Orders are automatically matched to the best current price, in either a single transaction or multiple transactions. 2. Once matched to a seller, the buyer has up to two days to review the seller's rating and stats and approve the transaction by submitting their encrypted address to the seller. 3. The seller then has up to two days to unencrypt the address, mail the package, and mark the order as shipped. 4. The buyer will have 14 days after the order is shipped to rate the transaction and write a review. During this time period, the buyer has the opportunity to initiate a dispute process if there is a problem with the order Seed -----BEGIN PGP SIGNATURE----- Version: GnuPG v2.0.19 (GNU/Linux) iQEcBAEBAgAGBQJR1o5AAAoJEILtibFTaf7/9HcH/0Wi7TlkkyukHJszfT+xVUAa ijdpI/gr29IOZm2hrpaE5HT2boRjSQBlGtnSTMiXmVrl3NaqnCAAbx0S/EdQfJi/ WNmpnI2lZh+kDYQ7HILO4ET/VWGPcaDyb1c72m5aC+IBDQd0HOxxN0fctDXx76iC FKjuo4JQv52Ze7h+eK9VMy7grEu+q3xtRdzK14boWCg83LD4x/Sc/PlrAzXCgvTX W+eos+kXHHBF2a+l1DhzIYI4VXHHqZwWnfsv21TRcNJ3wrj/QBqqb7UhHZaw5t7J L6zYmp6w9xFy/ru1Ljqpyz5w+Rl/N6VQ9pdklH4AIOc4pII5pVzeZ1fsJueAsmg= =XtEI -----END PGP SIGNATURE----- I'll answer whatever questions I can. Title: Re: TorATM, a anonymous commodity market for twenty dollar bills Post by: infested999 on July 05, 2013, 07:44:56 PM Are you "seed" chatting on just-dice.com?
Title: Re: TorATM, a anonymous commodity market for twenty dollar bills Post by: Seed on July 05, 2013, 08:59:18 PM Are you "seed" chatting on just-dice.com? No, I don't use that site at all. |