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41  Bitcoin / Wallet software / Re: The Future Wallet Design! on: August 10, 2014, 01:09:54 PM
ABC financial market is our final goal of this application, our system is called Crypto Financial Operating System, and it can host thousands types of altcoins, the UI screen here is the wallet to mange the coins: one wallet many types of coins.
42  Alternate cryptocurrencies / Altcoin Discussion / iCoinHost Faucet TestNet is available now! on: August 09, 2014, 11:40:15 AM
don't waste your time to create altcoins, you can get and host it for free!

please visit us: iCoinHost.com
43  Alternate cryptocurrencies / Altcoin Discussion / [ICoinHost] Create and Host your own coins for free! on: August 08, 2014, 02:43:42 PM
please check the services provided by iCoinHostcom,  you can create host your own coins for free.
44  Alternate cryptocurrencies / Announcements (Altcoins) / Bitcoin 2.0 is here on: August 05, 2014, 01:21:22 AM
we built a framework on top of current bitcoin architecture, and able to handle many user coins, please visit us at iCoinHost.com
45  Alternate cryptocurrencies / Altcoin Discussion / Re: How to create simplest faucets for thousand of types of altcoins? on: August 03, 2014, 04:32:54 AM
Please check again, it is available
46  Alternate cryptocurrencies / Altcoin Discussion / How to create simplest faucets for thousands of types of altcoins? on: August 03, 2014, 04:22:38 AM
Folks.

      I just implemented a universal TestNet faucet which can send some coins to thousands of types altcoins, the detail is list below:
http://abcoin.info/t/cfos-restful-services/63
For example, you can listassets using this URL:

http://btccds.com/ICFOSRestService.svc/ListAssets_TestNet

Please notice that the types of coins above should be hosted by iCoinHost.com

Please let me know if you find anything is wrong.

Thanks!
John
47  Alternate cryptocurrencies / Marketplace (Altcoins) / create+host your altcoin for free! on: August 01, 2014, 11:28:47 AM
Icoinhost.com can create+host your altcoin for free, we are the next generation of bitcoins, we can let everyone to have his own currency and market! Please visit us, I promise you that I am honest with my work.

We designed three system coins so that we will have a cash coin called TEND, stands for TEN Dollar, not legal tender Smiley



Thanks!
John
48  Alternate cryptocurrencies / Altcoin Discussion / Why you do not need to create altcoins? on: August 01, 2014, 08:53:00 AM
Hi,

      We are icoinhost.com, and we proudly announce that we offer free altcoin creation+hosting service, so why not get your own bitcoins for free instead of creating and maintaining it by yourselves?


Http:// icoinhost.com
49  Bitcoin / Wallet software / Re: The Future Wallet Design! on: July 31, 2014, 11:54:52 AM
Yes, Rich Web App, we can add lots other features, the best part is upgrading is easy, I will deploy it to GitHub later, so everybody can launch directly from GitHub.
50  Alternate cryptocurrencies / Altcoin Discussion / Re: multi-asset system: how to make sure it is the same asset across the P2SH TXs on: July 31, 2014, 11:44:56 AM
See our wallet here http://icoinhost.com/console/file/download/9251
51  Bitcoin / Wallet software / The Future Wallet Design! on: July 31, 2014, 11:31:52 AM
I designed and implemented a future wallet, try it iCoinHost.com

1) running on both local machine and web

2) the upgrade is easy since it is a web app

3) connect to the server running on local machine only, so 100% secure.



52  Alternate cryptocurrencies / Altcoin Discussion / Re: Create your own Bitcoin for free! on: July 30, 2014, 04:21:14 AM
We are dedicated to spreading the bitcoin tech to let everyone benefit from it, let everyone enjoy the freedom of exchange(See my post in abcoin.info), therefore we plan to let people to receive his coins for free and Crypto Financial Operating System (CFOS) hosts all coins for free.
53  Alternate cryptocurrencies / Altcoin Discussion / multi-asset system: how to make sure it is the same asset across the P2SH TXs on: July 30, 2014, 02:11:17 AM
One of the problem I encountered is how to make sure it is the same asset across the transactions in the chain, eventually I resolved the problem, for example, I have two different assets: MYCN and TEND coins.

C:\Test>ABC.Service.exe getnewaddress MYCN
17KEXZ1kaabpX6z571B4R1AD46whTkMiLM

C:\Test>ABC.Service.exe createrawtransaction "[{\"txid\":\"f92f0bbb1b37d1d22fb797abab1dd686c81a495cd2bf959d2c1879a6f88b6e13\",\"vout\":0}]" "{\"17KEXZ1kaabpX6z571B4R1AD46whTkMiLM\":0.0003}"
Error: the previous tx has the different asset as the current tx you want to create, please check check the destination address and try again.

C:\Test>ABC.Service.exe getnewaddress TEND
15ZhBPuPDAdSMvU4wpsCoaf2rE9YinvH4X

C:\Test>ABC.Service.exe createrawtransaction "[{\"txid\":\"f92f0bbb1b37d1d22fb797abab1dd686c81a495cd2bf959d2c1879a6f88b6e13\",\"vout\":0}]" "{\"15ZhBPuPDAdSMvU4wpsCoaf2rE9YinvH4X\":0.0003}"
0100000001136e8bf8a679182c9d95bfd25c491ac886d61dabab97b72fd2d1371bbb0b2ff900000 00000ffffffff0130750000000000001976a914320f5a951f3555753aa8ae9e045af4d3ad48d07c 88ac00000000

as you can see in above, the MYCN coin address can not be the P2SH destination address of TEND transactions, the asset is maintained across the transactions, the purpose of doing this is to make sure that the total number of your coins will never change.

http://abcoin.info/category/technical-discussion

for detail multi coin/asset system, please see detail http://icoinhost.com
54  Alternate cryptocurrencies / Altcoin Discussion / Re: Create your own Bitcoin for free! on: July 29, 2014, 08:53:22 PM
Yes it is true, we added a framework on top of Bitcoin source code to make it works like distributed operating system: CFOS, you should be able to register, retry it now.

please visit iCoinHost.com for detail, if you want to create your own coins, please click Apply on the top, and then follow the instructions:

We also implemented our Front Office system as new QT on windows using silverlight technology and design from Wall Street:

iCoinHost.com/Front

please let me know if you have questions!
55  Bitcoin / Development & Technical Discussion / Re: Programmability of Coloured coins on: July 28, 2014, 12:17:48 PM
Our approach seems better than colored coin, please check icoinhost.com for detail
56  Bitcoin / Development & Technical Discussion / A Real P2P Trading Example Including commands and output on: July 28, 2014, 01:23:53 AM
I am extremely happy to announce that I achieved real P2P Trading Example Using CFOS, you can read the PDF version here too, I colored it so it's easier to follow what is going on:   http://icoinhost.com/console/file/view/9165/a-real-p2p-trade-on-cfos

Before you read, please make sure you know the basic concept of CFOS, it is a multi-coin system, pls refer to the commandline manual in icoinhost.com

Bob is looking to sell his 100 MYCN coins for 0.03 TEND Cash coin owned by Alice
Alice is looking to buy 100 MYCN coins using her 0.03 TEND Cash coin
Assume they do not know each other and have no trust, and they agree to use Btcft.com as a mediator, we use 2 of 3 Multisig to achieve the transaction automatically.
Alice wants to pay Bob 0.03 TEND coins but prevent Bob from cheating him. First each party creates a new address, and then shares them. Then uses the resulting addresses to make a p2sh address (begins with '3' for ABCoin) that requires both parties to sign to release:
Step 1). Bob created a new address for TEND:
c:\Bob>ABC.Service.exe getnewaddress TEND
1BRVRZwJ5FNv8dP16q8Q2nrRDFNqepkpsi
c:\ Bob >ABC.Service.exe validateaddress 1BRVRZwJ5FNv8dP16q8Q2nrRDFNqepkpsi
{
    "isvalid" : true,
    "address" : "1BRVRZwJ5FNv8dP16q8Q2nrRDFNqepkpsi",
    "ismine" : true,
    "isscript" : false,
    "pubkey" : "03fadb2a16dd7183ebc9c1fa16f252440899ce1f0345b1a93feb8fbf48ba15ca1b",
    "iscompressed" : true,
    "account" : "default"
}
Step 2). Alic created a new address for TEND:
C:\Alice>ABC.Service.exe getnewaddress TEND
1Nx8ePgzbRhyrqwmfZyeHZmqPDfExukK7K
Step 3). Btcft created a new address for TEND:
C:\Btcft>ABC.Service.exe getnewaddress TEND
1CaBbDxQra9bZhrjBTjs9nXfP4R3yPcULP
C:\Btcft>ABC.Service.exe validateaddress 1CaBbDxQra9bZhrjBTjs9nXfP4R3yPcULP
{
    "isvalid" : true,
    "address" : "1CaBbDxQra9bZhrjBTjs9nXfP4R3yPcULP",
    "ismine" : true,
    "isscript" : false,
    "pubkey" : "021f7766648b93c50566b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c3016",
    "iscompressed" : true,
    "account" : "default"
}
Step 4). Alice get the pubkey from Bob and Btcft of their TEND and created a 2-of-3 multisig address
C:\Alice>ABC.Service.exe createmultisig 2 "[\"1Nx8ePgzbRhyrqwmfZyeHZmqPDfExukK7K\", \"021f7766648b93c50566b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c3016\", \"03fadb2a16dd7183ebc9c1fa16f252440899ce1f0345b1a93feb8fbf48ba15ca1b\"]"
{
    "address" : "3F8JeXmNRg3dHrvAgejGeppjVkmh6uQcFa",
    "redeemScript" : "5221023d6142e66b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f776 6648b93c50566b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183eb c9c1fa16f252440899ce1f0345b1a93feb8fbf48ba15ca1b53ae"
}

Step 5). Alice pay 0.03 TEND to this address:
C:\Alice>ABC.Service.exe sendassettoaddress TEND 1AGBNTChFMRvTzY7QFGbvFYXTGqCLsVmzU 3F8JeXmNRg3dHrvAgejGeppjVkmh6uQcFa 0.03
cdb727212f0ee2a14bfa074992eca21afaef83edc4b13d793576c493dea3864c

Step 6). Bob verify the transaction and redeem the transaction in above, and sign it, then send to Alice to sign (KwXJsTnEGravvTdctD8g72Nka2GmtPgRMHPKwjqFgZLjgPTScRxh is the privkey of 1BRVRZwJ5FNv8dP16q8Q2nrRDFNqepkpsi):
C:\Bob>ABC.Service.exe getrawtransaction cdb727212f0ee2a14bfa074992eca21afaef83edc4b13d793576c493dea3864c  1
{
    "hex" : "01000000019e5802f71939b054ba83fecba6016ebb4178a48c9348eaedd8bb42df980737f800000 0006b4830450221009d1208cd8b2ac15190c7bd03b652d0b6ca273a718e068c127391d94645e89c 4502205c423aaa0768ed782c315d2ddb7f6cfc1967998cee582bd3a101b78747888f5e012102097 5993b1b7be0ba210f8aa1044a5e44f90ec2dedbeabe87df28b9281fe70f90ffffffff0230757102 000000001976a9146547c3c5485763f09fe439737fbe926c72c4047388acc0c62d000000000017a 9149361fea21cc7d6f1c7ee6d5115c1cd1402b7de0c8700000000",
    "txid" : "cdb727212f0ee2a14bfa074992eca21afaef83edc4b13d793576c493dea3864c",
    "version" : 1,
    "locktime" : 0,
    "vin" : [
        {
            "txid" : "f8370798df42bbd8edea48938ca47841bb6e01a6cbfe83ba54b03919f702589e",
            "vout" : 0,
            "scriptSig" : {
                "asm" : "30450221009d1208cd8b2ac15190c7bd03b652d0b6ca273a718e068c127391d94645e89c4502205 c423aaa0768ed782c315d2ddb7f6cfc1967998cee582bd3a101b78747888f5e01 020975993b1b7be0ba210f8aa1044a5e44f90ec2dedbeabe87df28b9281fe70f90",
                "hex" : "4830450221009d1208cd8b2ac15190c7bd03b652d0b6ca273a718e068c127391d94645e89c45022 05c423aaa0768ed782c315d2ddb7f6cfc1967998cee582bd3a101b78747888f5e0121020975993b 1b7be0ba210f8aa1044a5e44f90ec2dedbeabe87df28b9281fe70f90"
            },
            "sequence" : 4294967295
        }
    ],
    "vout" : [
        {
            "value" : 0.40990000,
            "n" : 0,
            "scriptPubKey" : {
                "asm" : "OP_DUP OP_HASH160 6547c3c5485763f09fe439737fbe926c72c40473 OP_EQUALVERIFY OP_CHECKSIG",
                "hex" : "76a9146547c3c5485763f09fe439737fbe926c72c4047388ac",
                "reqSigs" : 1,
                "type" : "pubkeyhash",
                "addresses" : [
                    "1AEXDgBvmkpYWwQ3Hfg1G8iLPqNYJeKgZM"
                ]
            }
        },
        {
            "value" : 0.03000000,
            "n" : 1,
            "scriptPubKey" : {
                "asm" : "OP_HASH160 9361fea21cc7d6f1c7ee6d5115c1cd1402b7de0c OP_EQUAL",
                "hex" : "a9149361fea21cc7d6f1c7ee6d5115c1cd1402b7de0c87",
                "reqSigs" : 1,
                "type" : "scripthash",
                "addresses" : [
                    "3F8JeXmNRg3dHrvAgejGeppjVkmh6uQcFa"
                ]
            }
        }
    ],
    "blockhash" : "000000140bcb53765aaf7576e05f9caca2de9f463333d263a559506255c9a4be",
    "confirmations" : 2,
    "time" : 1406498806,
    "blocktime" : 1406498806
}

Bob redeem and sign it and send to Alice to sign:
c:\Bob>ABC.Service.exe createrawtransaction "[{\"txid\":\"cdb727212f0ee2a14bfa074992eca21afaef83edc4b13d793576c493dea3864c\",\"vout\":1}]" "{\"1BRVRZwJ5FNv8dP16q8Q2nrRDFNqepkpsi\":0.0299}"
01000000014c86a3de93c47635793db1c4ed83effa1aa2ec924907fa4ba1e20e2f2127b7cd01000 00000ffffffff01b09f2d00000000001976a9147252f7bd648396edbfab11360fe56c8902c193ec 88ac00000000

c:\Bob>c:\dist>ABC.Service.exe signrawtransaction "01000000014c86a3de93c47635793db1c4ed83effa1aa2ec924907fa4ba1e20e2f2127b7cd01000 00000ffffffff01b09f2d00000000001976a9147252f7bd648396edbfab11360fe56c8902c193ec 88ac00000000" "[{\"txid\":\"cdb727212f0ee2a14bfa074992eca21afaef83edc4b13d793576c493dea3864c\",\"vout\":1,\"scriptPubKey\":\"a9149361fea21cc7d6f1c7ee6d5115c1cd1402b7de0c87\",\"redeemScript\":\"5221023d6142e66b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f776 6648b93c50566b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183eb c9c1fa16f252440899ce1f0345b1a93feb8fbf48ba15ca1b53ae\"}]"  "[\"KwXJsTnEGravvTdctD8g72Nka2GmtPgRMHPKwjqFgZLjgPTScRxh\"]"
{
    "hex" : "01000000014c86a3de93c47635793db1c4ed83effa1aa2ec924907fa4ba1e20e2f2127b7cd01000 000b40047304402203022c7ad4a5367316ee761f9805b486ce13a7a7a9b1fc2aa23701b848052a7 7302201b40b3c004f374ff51cf05fcc15634c1c37329a2c5185e1c98bc03142c4dc563014c69522 1023d6142e66b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f776664 8b93c50566b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183ebc9c 1fa16f252440899ce1f0345b1a93feb8fbf48ba15ca1b53aeffffffff01b09f2d00000000001976 a9147252f7bd648396edbfab11360fe56c8902c193ec88ac00000000",
    "complete" : false
}

Step 7). Bob sends 100 MYCN coins to Alice, Output is ignored because it is too simple:
 ABC.Service.exe sendassettoaddress MYCN fromaddress toaddress 100
Step 8 ). Alice signs the transaction and broadcast (L31WfZ3Ldz9aXq62nSEBmyWMyL5cncWZ35XUGHVcRyrkx4UP6krc is the privkey of 1Nx8ePgzbRhyrqwmfZyeHZmqPDfExukK7K),   If Alice does not sign for Bob, then Btcft will sign for him to finish the Trade.
C:\Alice>ABC.Service.exe signrawtransaction "01000000014c86a3de93c47635793db1c4ed83effa1aa2ec924907fa4ba1e20e2f2127b7cd01000 000b40047304402203022c7ad4a5367316ee761f9805b486ce13a7a7a9b1fc2aa23701b848052a7 7302201b40b3c004f374ff51cf05fcc15634c1c37329a2c5185e1c98bc03142c4dc563014c69522 1023d6142e66b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f776664 8b93c50566b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183ebc9c 1fa16f252440899ce1f0345b1a93feb8fbf48ba15ca1b53aeffffffff01b09f2d00000000001976 a9147252f7bd648396edbfab11360fe56c8902c193ec88ac00000000" "[{\"txid\":\"cdb727212f0ee2a14bfa074992eca21afaef83edc4b13d793576c493dea3864c\",\"vout\":1,\"scriptPubKey\":\"a9149361fea21cc7d6f1c7ee6d5115c1cd1402b7de0c87\",\"redeemScript\":\"5221023d6142e6
6b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f7766648b93c50566b 4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183ebc9c1fa16f25244 0899ce1f0345b1a93feb8fbf48ba15ca1b53ae\"}]"  "[\"L31WfZ3Ldz9aXq62nSEBmyWMyL5cncWZ35XUGHVcRyrkx4UP6krc\"]"
{
    "hex" : "01000000014c86a3de93c47635793db1c4ed83effa1aa2ec924907fa4ba1e20e2f2127b7cd01000 000fdfd00004830450221009f670ea1bfc8117fa4c982e397c7415a1a59920934bc48f364b0f9a0 5053f881022041f92642c530ed6555c148e69aafd8adb925c95c67b4464b36594ee116ae9d1a014 7304402203022c7ad4a5367316ee761f9805b486ce13a7a7a9b1fc2aa23701b848052a77302201b 40b3c004f374ff51cf05fcc15634c1c37329a2c5185e1c98bc03142c4dc563014c695221023d614 2e66b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f7766648b93c505 66b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183ebc9c1fa16f25 2440899ce1f0345b1a93feb8fbf48ba15ca1b53aeffffffff01b09f2d00000000001976a9147252 f7bd648396edbfab11360fe56c8902c193ec88ac00000000",
    "complete" : true
}

C:\Alice>ABC.Service.exe sendrawtransaction 01000000014c86a3de93c47635793db1c4ed83effa1aa2ec924907fa4ba1e20e2f2127b7cd01000 000fdfd00004830450221009f670ea1bfc8117fa4c982e397c7415a1a59920934bc48f364b0f9a0 5053f881022041f92642c530ed6555c148e69aafd8adb925c95c67b4464b36594ee116ae9d1a014 7304402203022c7ad4a5367316ee761f9805b486ce13a7a7a9b1fc2aa23701b848052a77302201b 40b3c004f374ff51cf05fcc15634c1c37329a2c5185e1c98bc03142c4dc563014c695221023d614 2e66b60ba2ead531812bd48257573ffa983db668715a2de1598a5100dae21021f7766648b93c505 66b4eacba7adea2d2cd51d68da40ac4fd2e82fb8041c30162103fadb2a16dd7183ebc9c1fa16f25 2440899ce1f0345b1a93feb8fbf48ba15ca1b53aeffffffff01b09f2d00000000001976a9147252 f7bd648396edbfab11360fe56c8902c193ec88ac00000000
6a9bffebab1c1c8081203dc5785dabe18c3406197007f39fac728ed0f4d24901


----------------------------I copied the output of our blockchain explorer here----------------------------------6a9bffebab1c1c8081203dc5785dabe18c3406197007f39fac728ed0f4d24901--------------------------------------------------------  on Block chain explorer--------------------------
 
Short Link: http://btccds.com:2750/b/9jbJXPnf1
Hash: 000000f94fbea4c4600fbe1a9b7af11e4ae8c20242d7a7c497240caadcbc6567
Previous Block: 0000004c26cf9c88cc41df106fcc11ae79432eca9e0a50a7ff3d59a9675769f1
Next Block: 000000483e2f32f4570147b92e974bb1389f1ee246606f673ae1583bfc687d3d
Height: 1958
Version: 2
Transaction Merkle Root: 40d4ab236b33fda99ddbb3db31944c5bf28e13dd60563b73db529815ba5f5e6a
Time: 1406507451 (2014-07-28 00:30:51)
Difficulty: 0.003 (Bits: 1e00ffff)
Cumulative Difficulty: 7.652
Nonce: 3371108608
Transactions: 2
Value out: 1.03
Transaction Fees: 0.0001
Average Coin Age: 2.00852 days
Coin-days Destroyed: 0.00300173
Cumulative Coin-days Destroyed: 94.609%
Transactions
Symbol   assetType   Unit   Transaction   Fee   Size (kB)   From (amount)   To (amount)
ABC   coin   1   bfcf0217a2...
0   0.107   Generation: 1 + 0.0001 total fees   154JCMXHfRuGgfz2RPxko8sT8qihckcQpC: 1.0001
ABC   coin   1   6a9bffebab...
0.0001   0.34   UNKNOWN: 0.03   1BRVRZwJ5FNv8dP16q8Q2nrRDFNqepkpsi: 0.0299

API (machine-readable pages)




------------------------------------------------------------------------------------------------------------------------------------------------------------------

Notice:     If Alice does not sign for Bob, then Btcft will sign for him to finish the Trade.



57  Alternate cryptocurrencies / Altcoin Discussion / Create your own Bitcoin for free! on: July 27, 2014, 12:04:30 PM
We are trying to spread the Bitcoin technology to the whole world, good news to altcoin funs, anyone can apply to create his own Bitcoin for free, please visit us at http://icoinhost.com, we are in testnet now, you can join us.
58  Bitcoin / Development & Technical Discussion / Re: P2P Trading Proposed by JohnDing on: July 23, 2014, 12:56:23 PM
onchain.io, thanks a lot! I corrected it. Smiley Smiley
59  Bitcoin / Development & Technical Discussion / P2P Trading Proposed by JohnDing on: July 23, 2014, 10:31:48 AM
Folks,

       I am the founder of Crypto Financial Operating System (CFOS) and Asset Backed Coin (ABC), here I proposed my solution to our P2P Trading in real world, please let me know if you have any comments:
       First of all, let me introduce some background of CFOS, we implemented CFOS based on Bitcoin Source code, and it can host thousands types of altcoins on the single one blcokchain: please refer to icoinhost.com.
   
Here is a pure decentralized example P2P trading in CFOS:

Crypto XYZ coin to crypto TEND coin P2P trading requires an escrow service, in current banking world, due to the nature of the banking system, this escrow cannot be automated. Funds will have to be held by an intermediary individual or business acting as an escrow service, like clearing house.

“The key innovation with our system is, because it’s fully decentralized, and multiple types of coins are hosting on ONE block chain, we could achieve decentralized P2P trading our automated mediator Btcft.com." (Btcft.com is far from fully implemented.) The below is how possibility might work…

Bob is looking to sell his XYZ for TEND and enters a sell order (ask) via the BTCFT which is a marketplace for people to post buy sell information, like localbitcoin.com.
Alice is looking to buy XYZ for her TEND and enters a buy order (bid) via the BTCFT.com marketplace..

The below is the detail steps by using 2-of-3 MultiSig to achieve P2P trading efficiently

BTCFT.com acts like a mediator and release the fund automatically based on predefined graceful time between Bob and Alice, please see the detail steps by the below link:
 
http://abcoin.info/t/p2p-trading-in-crypto-financial-operating-system/51

Notice: cancel here means he sign a tx before future multisig expires on the same from address.

Btcft.com will leave regulatory compliance as a decision for the users of the network and they do not expect to deal with any financial regulation themselves as the business is not an exchange. because at any given time, Btcft.com could not get the fund, In the same way that Satoshi has provided Bitcoin we’re providing the decentralized exchange mechanism.

Dear Folks, let me know if you find any design flaws please,  if you are interested, please drop me a line.

by the way, all services in above will be free .

Thanks!
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