Das ist die erste mir bekannte komplette Implementierung eines lite-Clients, und ja, die ist seit Jahren freie Software.
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This means you SOLD 50 LTC. To close the position, you need to BUY 50 LTC again, e.g. at 17 USD per piece.

Ich dachte in diesem Forum hier gibt man eher das Konto einer Bitcoin-Exchangeseite an? Gleich mal beim Kraken Support anfragen...

Hm, selbst geschrieben oder verwendest du sowas wie https://github.com/ReAzem/cryptocoin-tradelib oder https://github.com/timmolter/XChange ? Beide können übrigens ca. das, was der Threadersteller will.

Ich sehe da keinen Hinweis darauf, dass was auch immer in deinem Screenshot zu sehen ist, Daten in einem allgemein bekannten Format ausspuckt - wo genau ist da der Code dafür zu finden?

Gute Idee, es gibt eine Handvoll offener Standards, mit denen man Marktdaten abfragen und darstellen kann, wie z.B. FIX, OpenMAMDA, DTC...

Du bräuchtest dann eben einen entweder lokalen oder Webserver der die Daten von verschiedenen Exchanges entgegennimmt und die dann im jeweiligen Standard ausgeben kann.

He plans to fork Ripple though, meaning his "money" would be replacing XRP in that system. Still there are a lot of unanswered questions and also quite a few irregularities (just look at the "team" that supposedly develops this or the fake info regarding facebook and twitter pages in the OP) - enough for me to congratulate the OP to have scammed someone for 0.09 BTC but as I said a bit too little to be even worth the time of setting up the page and writing the post.

A Ripple gateway only holds funds safe, takes deposits and withdrawals in whatever they have for safekeeping and issue/redeem balance on Ripple for these things (USD, EUR, Gold...). To me this sounds more like an escrower than an exchange (there is no trading going on in a gateway at all besides maybe currency conversion by the banks if you deposit USD to a EUR account).

Using SSL logs might sound nice in theory, this still does not change the fact that people can claim that this log was taken by someone else, the bank will believe them and reverse the payment and/or freeze the receiving account for fraudulent activity. Besides that I hope you will have a hard time convincing people to record their online banking session to be decrypted later by someone on the internet... though maybe people really are that gullible?

I warned about blackmail which you disregarded until someone posted the same argument with different wording and you accepted it... This is not the first time that someone wants to establish this kind of scheme for an exchange, so I might have been too short-worded because it gets tiring to read about this every few months.

If I look at the amount of data it spammed into my ledger I guess calculating this is relatively expensive.

If you need that kind of data, use the Javascript snipped posted earlier to export your data in JSON, then convert this using my python script into ledger-cli format and you'll have a nice overview who earned you how much. The only issue then is to find out which user name belongs to which user ID.

https://www.bitfinex.com/representatives

You need to manually apply to get this enabled though.

Well, it's a bit hard to say (since the "BTC traded" number also includes trades in LTCBTC markets as well as maybe(?) Bitstamp trades).
It is quite likely though, that a very nice chunk of trades on Bitstamp is done by Bitfinex, yes.

@BFX: Kraken is gaining momentum slowly by the way (though mostly in EUR, not USD) - please re-consider adding them as alternative to Bitstamp and start trading a little bit there too!

Why didn't you announce this in some Ripple related forums too but only here on Bitcointalk?

Will you just patch rippled and ripple-client and do you have plans to contribute to upstream development?

Who validates your initial ledgers?

Anyways, it sounds interesting but I don't really see any substantial benefit over Ripple, who already have more than a dozen gateways worldwide. Distribution of the native asset (RDX) is not really an issue for most users anyways, as long as it is that much cheaper to simply buy the ones that you will use in your lifetime. Riple based solutions are actually quite bad as "Altcoins", since they are heavily tilted towards the "distributed marketplace" idea.

Still, all the best and please FIRST show some code before starting an "IPO". I did not find any mention of your fork on github, also none of your "independent developer group" so far has contributed _anything_ to rippled or ripple-client at least, even though there are some very low hanging fruits that you could have helped out with while creating your fork...

Nope, you didn't. You simply paid 0.0001 BTC as fee and sent the rest to yourself.

Also neither the link to facebook nor the one to twitter from your OP leads to anything that even remotely resembles your "idea":


3/10, at least he put up a page and wrote a bit of nonsense as well as creating an empty forum + wiki! I've seen much better scams though.

Ripple = decentralized exchange, XRP = centrally issued virtual asset/"math based currency" on Ripple. I guess you talk about the latter.

At least for Ripple I know that there could be a security breach at any moment at RippleLabs leading to a sale of all XRP they own. The only thing that pervents this is their security measures and their promise to distribute XRP fairly over time. This is not a part of the Ripple software, but something external to the network itself.

I don't know about Auroracoins, they too might already be stored on an address that is currently in escrow somewhere. As long as they have been created and could theoretically be moved, if the escrower(s) prooves to be dishonest this means they already exist, unlike e.g. the 20 millionth Bitcoin which has not yet been mined and even with huge efforts will not be mined (and thus made theoretically transferrable) for a very long time.
If they have not yet been created, I would remove them from the market cap. If they can be created easily by someone or already have been and are just depending on somebody to fulfil a promise and keep a private key secret, then they should be included, just like Bitcoins that have been mined but never moved are also included.

Call your escrowers "gateways" and you are re-inventing Ripple again.
I liked the game theoretical approach, even though it was fundamentally broken... :/

If you want a decentralized order book where you trade with escrowed funds, I'd really recommend looking at Ripple (you can fork it if you don't want to spend one USD to get XRP, but then you miss out on the existing infrastructure). If your idea is fundamentally different, please elaborate.

I just fear that you might be slowly re-inventing and re-implementing already existing technology.

Jein, in 5 Jahren wirst du zwar auch einiges an Daten laden müssen, es ist jedoch anzunehmen, dass das dann schon etwas schneller gehen wird. Oft dauert die Verifizierung der Transaktionen in den Blöcken länger, als den Block selbst zu empfangen.

Es gibt auch schon Ansätze, Blöcke zugleich statt hintereinander zu laden, das wird aber vermutlich erst in Bitcoin-QT 0.10 oder später eingebaut. Damit sollte es dann noch schneller gehen.

Mal ein kurzer Zwischenstand:

Gridcoin: ~8 Millionen Credits/Tag, hauptsächlich Milkyway @ home zur Gravitationssimulation (http://boincstats.com/en/stats/-1/team/detail/118094994/projectList)
Computingforgood.org (Ripple Labs giveaway): ~71 Millionen Credits/Tag, quasi rein WCG mit versch. Projekten hauptsächlich im Gesundheitsbereich (http://boincstats.com/en/stats/-1/team/detail/118946826/projectList)

Auch wenn Gridcoin weit hinten nachhinkt (und auch einfachere Projekte verwendet, WCG gibt weniger Credits bei gleicher Rechenleistung) ist es trotzdem beachtlich, wie viel Rechenleistung da auf einmal aus dem Nichts auftauchen kann.

Spannend wäre es ja auch noch, Gridcoins auf Ripple zu handeln, dann könnte man die recht einfach in BTC, USD etc. tauschen.

Maybe if asked about it? They have no real idea which country I even live in, so they could either submit my data to _every_ tax authority on the planet and waste ressources for this or just deal with it like anyone else and have me submit my tax report on my own.

However it would definitely be much easier, if I were FINALLY able to get a full report about what happens on my account in CSV or any other format than a freakin' HTML table that does not even contain year numbers!
Manually doing this is no longer an option since I receive referral payments... For reference, my USD ledger is now close to 200 pages long.

Edit:
Congratulations on getting listed on http://bitcoincharts.com/markets/ finally by the way!

Du bekämst dann ja insgesamt 707€ pro BTC oder eben 70€ Zinsen.

Allerdings schlägt candoo hier keine europäischen sondern amerikanische Optionen vor, sprich, er könnte jederzeit die Coins kaufen - nicht erst am Fristende.

Problematischer (neben rechtlichen Sachen) sehe ich eher die Geschichte mit Fiatüberweisungen. Gerade falls ich z.B. europäische Optionen anbieten würde (z.B. am 1.6. entscheidest du dich ob du 10 BTC um 7k EUR kaufst) würde ich da sehr misstrauisch sein, wenn ich wirklich 7000€ überwiesen bekomme. Könnte ja sein, dass das nicht mal vom Konto meines Vertragspartners stammt sondern wie so oft z.B. Bezahlung für einen extrem günstigen Mercedes aus einer gefälschten Kleinanzeige auf meinen Namen ist... danach Konto eingefroren, Probleme mit der Polizei, Bitcoins weg...

Bei Escrow würde ich persönlich z.B. rein auf Ripple setzen und mir z.B: BitstampEuro senden lassen. Alternativ kann man ja auch vielleicht jemanden hier finden, der dann eben sowohl BTC als auch EUR verwaltet. Nur BTC wäre mir für sowas Vorhersehbares und Vorbereitbares echt zu wenig.

Abgesehen davon, dass vielleicht gar nicht so viel verloren wurde brauchst du eigentlich nur die  Transaktionen, die du verfolgen willst und einen colored coin client.

Circulating or not, I think the criteria should be: Would it be possible in any way (this includes someone getting hacked + loosing control over private keys!) under the current rule set to transfer coins to others?

Bitfinex (https://www.bitfinex.com/representatives), people referred get smaller fees for 30 days, referers get a portion of the trading fees their leads generate.

Tracking via Refcode on signup.

There are no closed source and no non-free software parts about Ripple since September 2013.

I don't think it would be in any position to replace Bitcoin though, it is far more of a threat to BitPay than to Bitcoin.