Exactly my point (as they aren't being promoted by big corporations earning money from their creations).

Artists and corporations working together simply makes "no sense" as the former are about "challenging ideas" and the latter are about "cashing in on trends".

You might be interested in this: http://ciyam.org/at/at_atomic.html (Automated Transactions or AT is a blockchain agnostic platform for doing "smart contracts" which could be implemented on a Bitcoin clone although so far no alt has attempted to integrate it).

Like you we have no funding (so I know your frustrations) - our ACCT is based upon TierNolan's work and will be working to allow trustless trading to occur between two blockchains (Burst and Qora) very soon (perhaps by the end of this month).

Might I hazard a guess that you are working on some sort of a "decentralised exchange"?

That is not 100% trustless at all as you were trusting an escrow.

ACCT needs no escrow - it is *truly trustless* (read here http://ciyam.org/at/at_atomic.html).

There is *no third party* as the escrow is actually the ATs (which are smart contracts not people).

So no-one was doing this four years ago and in fact no-one is even doing it today - it will be done in about a month though between the two blockchains that support Automated Transactions.

Yes - you can use that - and as I said you might find the new tool useful also.

^^^ this is why "ad sig" campaigns suck...

Shouldn't this be moved into alts?

I am a little surprised that others haven't replied to your question actually (I've been so busy on my own project that I haven't even had time to digest all the new stuff from the latest version of Bitcoin).

It is certainly relevant to ask whether or not it is planned for the Bitcoin network itself to ever handle such things as sending around partial txs.

I don't think source code is going to help you - but I think the new tool "bitcoin-tx" might be what you want to look into (I am not sure if there is much documentation about its use yet).

It can't do that (as I explained above).

You can create the raw tx using the RPC API (or the new tool bitcoin-tx) but you'd have to send the incomplete raw tx using a different method (such as via email).

Indeed he really nails the points very well (as he did at the Canadian senate inquiry also).

If we take fiat out of the equation then the technology to create 100% trustless safe transfers exists.

The technique is known as "atomic cross-chain transfers" and the Automated Transactions system (AT) that is running live on the Burst platform *has this capability* (once we have deployed AT on the Qora platform we will demonstrate ACCTs between those two blockchains on their "mainnets" which will be a world's first).

No need for any website or centralised service at all (can all be done neatly and easily from the two blockchain wallets involved in the transfer).

It should be possible to get AT to work on a Bitcoin clone (and I've offered a 20 BTC bounty for just that) so if the community would like to be doing trustless trades across blockchains they should be requesting their favourite coin devs incorporate AT so they can get this feature.

I would think 16 bits of checksum would be reasonable enough (in which case you'd be able to handle up to 128 outputs which I would think should cover the vast majority of transactions in the blockchain).

But perhaps 18 bits of checksum with up to 32 outputs would be a better trade-off (some blockchain stats would be helpful to know how likely it is that the first occurrence of an address is part of a transaction with X outputs).

You could also shrink the amount of checksum bits according to this (as it isn't so likely to normally occur anyway).

I actually quite like this idea compared to firstbits - hopefully this can be added to a block explorer when you've finalised it.

My own thinking is that this could be handy for remembering a cold storage address when say you are out without your own computer but need to find an address for someone to send to.

Personally I think five words would be easy enough and if the checksum was spread across all five then that should help to prevent the five word sets from looking too similar to others that are from the same block.

I will look into this - thanks.



Yes - that works nicely (good to have an alternative).

By that do you mean do we have millions to spend on marketing and development? Well unfortunately the answer to that would be no (so I don't expect we are going to "dazzle" people any time soon).

What we have done though is to create the world's first 100% decentralised Lottery and Crowdfunding applications (both have been running live for weeks with no issues other than a couple of minor UI display problems which don't relate to the actual ATs).

In terms of developer tools we have now an Assembler and a Debugger and we are working on a formalising a metadata approach for automatically generating UI which will also include AT creation (meaning that end users will be able to use a friendly form to create their own ATs based upon various templates that we will provide).

Funnily enough I was taught by the senior lecturers in my music degree that the "true artists" did not care for money and by going against the popular grain often ended up living very difficult lives.

It is now called the "music industry" for a good reason - there aren't any "artists" left - just manufacturers and corporations.

Doh - I hadn't even realised I wasn't using https. Thanks for that.

Even a broken clock is right twice a day.

I'll just pretend I didn't read anything about Ayn Rand and salute you for behaving like a true artist (my major at university was music with the focus being on 20th century music composition).

I used to make a lot of money from software development/consulting but then decided to go open source years ago. It hasn't made me much at all (almost nothing really) but actually I am a lot more satisfied with what I do now.