I don't understand the proposed protocol yet, but I'm wondering why we want to include an address in the commit rather than a specific UTXO. Don't we just want to blind a single transaction? Maybe this is a stupid question, but I'm trying to understand.

@Adam:

Would it be possible to use some well-known NP-complete problem (take your pick) for proof of work? Say we hash the transactions, the hash of the previous block etc and derive a random graph for which we solve the travelling saleman problem? The difficulty would be translated to the size of the random graph. Wouldn't this push decision power all the way back to CPUs and the individuals owning them?

I also just got a refund and managed to withdraw my 1 BTC. No confirmation yet, but I did receive the transaction.

Not open sourced doesn't mean it's a scam, that's another outrageous accusation. This is really getting pathetic.

It's OK for you not to like the fact that XRP is competing with BTC. It's OK for you to try to support a Ripple alternative that doesn't have its own built-in currency to threaten Bitcoin. Open Transactions could be such an alternative and it would add very interesting capabilities to both Bitcoin and Ripple. Or you could try to build a Ripple alternative that uses Bitcoin as its built-in currency. It's OK to try to rally miners to this cause.

It's not OK to spread lies, to pay people to spread lies and to play tricks on people who are just learning about Ripple in order to give them a negative impression of Ripple. It is enormously immature, unprofessional and unethical and it is hurting the cause of cybercurrencies in general. You haters should be ashamed of yourselves.

Instead of falsely maligning Ripple, why don't you look at Bitcoin's strengths and help promote them? You could contribute to a Bitcoin evangelisation campaign in many ways, through activism, programming, or simply by donating some money to various projects.

Instead of paying people to slander a worthy competitor, why don't you contribute to fund that can pay fellowtraveler and others to work on an interface between Open Transactions and Bitcoin?

If you think Ripple gateways are unreliable, why don't you work on a website that will allow people to monitor Ripple and BTC wallets of the various gateways to make sure that gateways aren't issuing more IOUs?

Try being constructive for a change instead of spewing hate and lies.

Same here, only the BTC never arrived in the block chain. The transaction history says everything went just fine, even though it clearly didn't.

On other threads people are reporting their withdrawals are going fine. I just managed to make a test withdrawal for 0.01 BTC and that went without a hitch. I must say the lack of timely feedback from Bitstamp's support department is very annoying.

Hmm, a second, tiny 0.01 BTC withdrawal just went without a hitch.

Ik heb nog steeds geld naar Slovenie overgemaakt. Volgens mij is alleen hun wettelijke vestigingsplaats veranderd. Geen onbelangrijk verschil, want het Sloveense bankenstelsel is misschien de volgende domino in de eurozone die omvalt.

Well, waiting 48 hours for a 1 BTC withdrawal seems ridiculous. And their online transaction history screen says the payment has already been made, which is clearly not true. When did you last withdraw any BTC?

Slovenie. Ik zit al twee dagen te wachten op mijn BTC terwijl de boel volgens het online transactieoverzicht al lang rond zou moeten zijn. En ondanks herinneringen van mijn kant krijg ik geen reactie van support, afgezien van een eerste automatische ontvangstbevestiging van mijn klacht. Dit maakt bepaald geen goede indruk.

I've been waiting for a 1 BTC withdrawal for over 48 hours. According to the transaction history the payment has been made, but it's not showing up in the block chain. I'm also not getting any response from support beyond their first standard email acknowledging receipt of the complaint, despite a reminder I sent yesterday and one I sent just now. I'm very annoyed at how this is being handled.

Bump. Several people are reporting problems withdrawing BTC and not getting updates on the situation from Bitstamp. I find this very disappointing.

I'd be very careful about dealing with Bitstamp, for the past couple of days a number of people, myself included, have been having trouble making even small withdrawals. Beyond a stock acknowledgement of a support ticket we're not getting any response from their support department. I wouldn't send any money until this is resolved if I were you.

What do you mean, you can't sue them? And if you don't like their product, don't use it. If it is an inferior product,  market forces will take care of that. It's certainly not obviously inferior to most cryptocurrencies,  and it has some clear technical advantages.  But even if it were, that doesn't make it a scam, and it is outrageous to suggest it does. If you think it will help Bitcoin, as I do, use it. If you don't like it, don't use it. If you think you can do better, compete with it. Open Transactions + Bitcoin could be a strong competitor to Ripple, and I would like to see that happen. Who knows, I might even write code for it, and / or  contribute financially.

Fair competition is something very different than being scammy. To suggest otherwise is outrageous. Coke will of course say that they're better than Pepsi and vice versa, but to suggest that one is a scam is beyond the pale. Having competition is great for consumers, and the same is true for cryptocurrencies.

And don't forget that Slovenia's banking system is shaky and may be the next eurozone domino to fall.

Either way I would recommend against putting any money into Bitstamp until this is resolved.

Heheh, I was advocating OT and Bitmessage as an alternative to Ripple before you guys started talking about it. Ripple enthusiasts aren't Bitcoin haters or OT haters. The only ones who do the hating are a small but vocal band of intellectually dishonest people who are afraid to lose their money. Bitcoin, Ripple, OT, Zerocoin, Bitmessage, Tor, I2P etc etc are all great and largely synergetic. We live in very interesting times, let's not let a small group of haters spoil it.

More people, myself included,  are having trouble, and not just with large amounts. It looks as if their hot wallet is empty and I'm starting to have doubts about their cold wallet too. I think they should post read only wallets of both. I'd certainly encourage people not to use exchanges that don't.

I think the distributed exchange thing is well covered by Ripple and OT, though more redundancy is always welcome. I don't see anything happening on the TOR front though, and that may become crucial if statist forces try to clamp down on cryptocurrencies. I think you may be able to make a bigger difference there.