You can reload the Bitpay page that says expired later then it will show it was paid.
The issue here is that you've got a grocery store owner who doesn't know anything about Bitcoin, except that he was told it would make his life easier, who's not a computer geek and isn't even completely fluent in English, discovering that he wasn't getting payed for every sale and BitPay couldn't tell him what was happening and how to fix it. That's how you snatch defeat from the jaws of victory and poison the merchant adoption well. |
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Fortunately, they're about done with that so now they can focus on their Coinvoice service. I say fortunately because that means they've had time to help out two local merchants in Austin that got burned by BitPay. (Do you know how embarrassing it is to go around to local merchants convincing them to start accepting Bitcoin and pointing them at the most well-known Bitcoin payment processor just to have them run into existential problems like "not getting paid?")
A lot more documentation is needed re this. Please share. A week after this press release went out, Central Texas Gun Works got dropped by BitPay and had to fight to get even the money they were owed released. Their are now up and running on CoinVoice. http://techzette.com/businesses-accepting-bitcoin-in-austin-texas/La Canasta Market started to have problems not getting paid for some of their sales. Apparently a customer was using a Coinbase wallet and the transaction was not being broadcast before the 15 minute timer expired. BitPay has some kind of procedure for the merchant to manually accept those payments, but it wasn't working and they weren't able to help him, blaming a snowstorm on the support delay. A member of the local Meetup group, the one who first convinced the owner to accept Bitcoin in the first place, reimbursed him out of pocket. They'll be running on CoinVoice shortly as well. |
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FYI, Everybody I know personally who has attempted business dealing with Cloudhashing has gotten burned.
Cointerra is actually legit AFAIK.
At least, when Cloudhashing and Cointerra both agreed to sponsor the Texas Bitcoin Conference Cointerra was the only one of the two that followed through.
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Chris Odom
Marco Peereboom
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So more Bitcoin companies should be involved in development? It's funny that Conformal Systems did exactly that, and gets no recognition from Gavin or any of the other core developers for their contributions. Unlike BitPay which made a big deal of supporting the community via Jeff Garzik's 2000 LOC, Conformal put the development of their actual business on hold for a year while they wrote a clean slate reimplementation of the reference implementation as an open source donation to the community. Fortunately, they're about done with that so now they can focus on their Coinvoice service. I say fortunately because that means they've had time to help out two local merchants in Austin that got burned by BitPay. (Do you know how embarrassing it is to go around to local merchants convincing them to start accepting Bitcoin and pointing them at the most well-known Bitcoin payment processor just to have them run into existential problems like "not getting paid?") |
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I haven't seen anyone point out that the Bitcoin Foundation pays Gavin's salary, so that he can focus on developing the Bitcoin protocol. How much protocol development has happened in the last year? |
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In case anyone missed the announcement on Facebook there's a student discount ticket price. $50 at the gate for anyone with a current student ID.
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How is that good? It's a famous Open Source project, do other big projects pay the dev team?*
*I know many of the .org projects run a .com business, but do they pay the devs? I know of one company who actually produced clean-slate, engineered reimplementation of the Bitcoin reference client and gives it away as open source just so they'd have a stable base on which to build their actual business. |
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As soon as we hear from at least one of QuestionAuthority, LaudaM, and justusranvier we can proceed with your plan. I am gravely concerned that my name is being mentioned in a list of people who are "respected by the community". Obviously I must have been slacking off somehow. What can I do to make this right? |
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"Hard fork" is just a scary way of describing a mandatory upgrade.
Nothing wrong with them because only the ones with overwhelming user acceptance can work.
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Transaction size is the number of bytes needed to represent a transaction, which depends on his many inputs and outputs it contains.
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Like I said, it would be a good learning experience.
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Coins are actually a better metaphor anyway.
Every unspent output is a discrete atomic entity, just like a coin.
Where the metaphor breaks down a bit is that you don't just hand coins from one person to another: instead the sender melts them down and mints new ones that belong to the recipient.
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It would be a good learning experience for everybody involved if the core dev team did indeed release a new version of the client that did this.
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maybe an alt coin will use the idea at some point. Yes. Good idea. You should make an altcoin where coins disappear if not moved for 10 years and then see how many people you can convince they should use it instead of Bitcoin. It would be a good learning experience for you. |
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If you have ever made a purchase via bitcoins (that's the only payment option available) from the company that I'm going to reveal, then you're already being tracked.
Pretty ingenious how they accomplished this, if you ask me. Alright. so what's that part about? What are they tracking? |
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Not only that. You need proof of accessibility to those holding the claims. The assets are worthless if the keys are lost. Correct I've looked at this, and don't understand why so many continue to make these claims. As far as I'm aware of this system is not in production. And from the underlying economics it is flawed IMO, as quite a few projects in this area. what does statement even mean - "unimpeachable liability accounting"? It's the same thing Ripple. Anyone brodcasting "I own 1000$" does not make it true. That's why we have accounting in the first place, so that financial statements are difficult to forge. Bank statements are difficult to forge, because of many checks and balances. Some guy running a server, does not (yet) imply those checks and balances. MtGox claimed: "we do cold storage". turns out that is not true. The Open-Transactions server and libraries exist today. The voting pool feature is still being coded by FellowTraveler and Yamamushi. |
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You need proof of assets and proof of liabilities for effort to be worth anything at all. Proof of assets is the easy part - Bitcoin is an unimpeachable asset ledger. It's the other half of the equation that's at all interested from a problem solving point of view. In order to prove how many btc the exchange owes their customers, you need a form of unimpeachable liability accounting. That exists and it's called Open-Transactions. Combine Open-Transaction's liability accounting with the multisig features in the Bitcoin blockchain and you get exchanges that can neither lie about balances nor steal from their customers. http://bitcoinism.blogspot.com/2013/12/voting-pools-how-to-stop-plague-of.html |
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Development is happening, but it's happening at Conformal.
Half the changelog of the 0.9 release are features ported over from btcd.
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Yes, as stated in the post above yours. I'm checking now to see if they are sponsors for the Austin Bitcoin conference. There are people in the Meetup.com group that are friends of Cody Wilson. There are also friends-of-friends of Ross Ulbrich. There's one of those DHS fusion centers here, full of people with an inflated sense of importance and little work to do in order to justify their pensions. So yeah, probably half the people at our weekly meetings are undercover feds. |
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