this is bound to help solve the liquidity problems on bitcoinica... and a very natural and smart solutions...

Z  +1 on the swaps 

I've made a quick comment on the P2P Cypto Exchange thread as a OT developer. https://bitcointalk.org/index.php?topic=62879.msg735219#msg735219

This is an interesting project.  However p2p trade systems have cost; that is the cost of protecting from double spending.  Either you have a distributed verification network (like bitcoin with the block generation), or you have some sort of trusted centralized user that 'clears' the trades...  (this is normally called a 'clearing house').

If by some miracle you have come up with an algorithm to solve this problem in a distributed p2p manner; it would be wonderful if you could produce a white paper that explains how you propose to solve this doubble spending problem.


I'm working on the Open Transactions project;  this project is building secure (and centralized, but to a server of your choice, in the future we can have a group of federated trusted servers);  the market software executes in a similar mechanism to the Bitcoin scripting.  (through the use of cryptographic market contracts).

I really hope the best for your project, except I'm really scared if it doesn't have the well-thought-out cryptographic foundations (that we are still working on for the Open Transactions project); you will be opening your users up to easy scamming.

The bitcoin markets are like the speculators dream... it is like a really good soap opera.  Except without the manipulation by the central bank.

Congratulations for saying absolutely nothing. (Other than saying that people are unsure about what is going (or not going to) happen.)  

The market just cannot make up its mind... this is so atypical for bitcoin.

I'm happy to get a box and post them domesticaly in Australia

Oh yeah... here is a development build of Moneychanger...  still very much in development... but good for playing arround.


Moneychanger_5-02-2012.7z

https://github.com/da2ce7/Moneychanger/downloads

Ok.

The first windows builds in a little while have been made:

(my master branch was used to create them)
https://github.com/da2ce7/Open-Transactions


find the OT_Bin_Windows_06-02-2012.7z file on the following page
https://github.com/da2ce7/Open-Transactions/downloads


Edit... updated pgp message.

Updated my master branch to include the work done by washort.

Everyone Please test and compile...

any MSVC guru's out there... I'm getting this weird link.exe hang... it seems to happen a bit randomly...

I'm all setup to catch this falling knife, picking up some cheap bitcoin

Better support for rouge trades...

Such as: http://bitcoincharts.com/charts/cryptoxUSD#rg60ztgSzm1g10zm2g25zvzl

 

OK... there are two Projects that need testing now:

There has been much work in making OT more portable to windows, and lots of general code file structure changes.

Major Changes:

• Completely Remade Visual Studio Project Files,  now we have two solutions.  1.  project/open-transactions  2. library/library
• Compiling Successfully on Windows 7 with solution files.   Working for both 32bit and 64bit targets
• Reorganized the source code so that it now lives in the 'src' sub-folder.  This makes finding different parts of OT much more natural

Please checkout my git: https://github.com/da2ce7/Open-Transactions
Do some testing.... Follow the instructions in the docs/INSTALL-VisualStudio.txt guide.

If you want to use a pre-compiled boost for windows please use my upload: https://github.com/downloads/da2ce7/Open-Transactions/boost_1_48_0_precompiled.7z

Overall have fun!

And keep testing my Moneychanger master also

I have been following this façade the entire time; even-tho I am not a core developer; I think that I can come to some sort of opinion.

In my experience those who are so-called 'poisonous' critically 'complain about things, spread FUD, and DO NOT provide an viable alternative'

Now, in this case Luke has.

• Complained that BIP 16 is 'ugly' (it is, imho).  Saying that there should be a better solution.
• In the technical decisions there are a few cases of 'this will have more issues than this' but overall not really.
• Luke has provided a viable alternative providing solutions to the problems that he claimed BIP 16 has.  (and is creditably calming that he is willing to maintain that solution).

This represents only one part of the things that 'poisonous' people do.

If both implementations BIP 16 and 17 are implemented and of high quality; it is the technical merits that should shine through.  What Luke has done is provide a viable alternative to his preserved problem.  Nobody should complain about that; the community is free to reject his proposals just as they are free to reject Gavin's likewise.

The developer-summit where after a fixed amount of time the core developers (including Luke) vote on what direction they want to take Bitcoin sounds like the reasonable solution to me.  Just we have three options to vote for now:  None. BIP 16. or BIP 17.

Either way.  I think that we should all take a chill pill; keep the debates technical, not emotional, and grow very thick hides.

EDIT: Spelling

That is the problem... it takes up extra space in the chain... where the sender pays the fees; not the spender.

This is bad; as say mtgox would only except 'plain' bitcoin addresses.

We need a update of these rules... hmm maybe i'll do it. 

Merged in FT latest work into my MoneyChanger branch; please test:

https://github.com/da2ce7/Moneychanger

OK New stuff for testing:

Please download; compile, fix, and submit bug reports for my patches of Moneychanger:
https://github.com/da2ce7/Moneychanger

To compile Open Transactions on debain; I have updated instructions here
https://github.com/da2ce7/Open-Transactions/blob/master/INSTALL-DebianStable.txt

Cam.

"Bitcoin always goes down on the weeken, get your cheap coins on the weekend!"

Lots of people have been complaining about how the bitcoin economy has not been fundamentally getting larger.  For example paying hosting with bitcoin, or buying your tv with bitcoin.

One of the markets that was said to be very attractive for bitcoin is online gambling; poker and other games.

Well I want to propose that bitcoinica provides as much fundamentals to the bitcoin economy as a poker site of the same size.

• Trades at matched locally.  (same as with a poker site)
• There is the potential to make lots of money, or loose lots. (no different to a poker site)
• People ‘play’ against each other trying to game the market. (again no different to poker)
• Transaction fees (and spreads) pay for the operation of the site.  (no different to binds in poker)

I propose that just purely as a form of gambling; bitcoinica is doing a great service to the bitcoin community.