Bitcoin Forum
May 04, 2024, 07:56:15 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: May 06, 2020, 03:47:00 AM
Does it work like cryptocurrnecy tumblers? If yes, wouldn't it be hard for you to establish your project because you can almost do the same with those tumblers, and what makes yours unique from the other.
How do you plan to get an income from this because it looks like it is only a bridge for anonymous payments, do you get commisions or are you putting ads, cause that helps a lot.
One last thing I can think of is how can the receiver get the payment when there are no sign up, this might be a problem in the long run because there can be mix-ups, I hope you can put a unique identifier for receiving payments like two way encryption where the sender and the receiver carries one key and the payment will never be valid when there is no activation from the both parties.

Thanks for your comments, answering your questions:

Does it work like cryptocurrency tumblers?
Not exactly, payrobot.io has two approaches:

1) Payment forwarding
This is like a cryptocurrency tumbler, you send coins to one address and receive it in other. BUT, this is intended for payment tracking via API and Callbacks, example:

Tom opens a Bitcoin platform and wants to accept payments easily, he doesn't want to use BitPay, Coinbase, or Full Node etc because of (any reason: hard implementation, privacy, sign-up, high rates, etc). So with payrobot.io generates one-time addresses to give to his clients and receive payments. Payrobot notifies his platform with url callbacks the status of payments so he can manage them automatically. Furthermore funds are sent immediately to his personal coin address as soon as payment is confirmed.

2) Wallet
Same as above but payments are stored in a private wallet where Tom's platform can request later send coins to different addresses. For example this is useful if Tom is implementing a PTC platform, investing, games or whatever where send coins to clients is required.


How do you plan to get an income from this because it looks like it is only a bridge for anonymous payments?
Payrobot.io takes 0.90% fee per recieved payment (inbound transactions), all outbound transactions are free. No ads Wink


One last thing I can think of is how can the receiver get the payment when there are no sign up, this might be a problem in the long run because there can be mix-ups
Generated addresses are one-time use so there is no way to mix-up where the payment has to be forwarded, all transactions are identified with unique IDs also



It is a nice thing that you respond to questions, now that I can a clear picture of your project, here is another question for you:
Wouldn't your project be a hotbed for illicit transactions? The anonymity surely will attract people from all walks of life, and I think that the creator has a degree of responsibility when a transaction for illegal has been done on his site.
Do you have any sort of audit trail that can only be given to authorities when the time comes? I know that this defeats the purpose of anonymity but I believe that letting illegal activities become prolific side by side with cryptocurrency innovation will result in a pyrrhic victory. Will your site participate with authorities for investigation when it is needed?

Hi, Lorence.xD

I'll expose our point of view of this situation:

Wouldn't your project be a hotbed for illicit transactions?
We're very clear that funds from illicit transactions are not welcome to our project but we're aware that it may be used for "bad things", unfortunately it's hard to know if crypto coins are ill-gotten or not, even having the user's personal details they could be false.

Now Payrobot.io is only the technology provider for interacting with blockchain as bitcoin core, electrum, any other wallet or even a tx pusher. The problem with illegal funds arises when they're exchanged to fiat money because it could be technically considered as money laundering.


Do you have any sort of audit trail that can only be given to authorities when the time comes?
We only have the same information that is in the blockchain, and actually this information is public. I mean if someone wants to pay for something illegal he/she could do it using bitcoin core itself. As I said before, legal issues arise when fiat money / money laundering is involved and Payrobot.io only help people to track payments or store them in a safe place all other processes involved are the blockchain itself.


Will your site participate with authorities for investigation when it is needed?
We can be "forced to" by law but we know the same information as public blockchain, cryptocurrency txs don't have a last name it's the nature of crypto coins. Transactions rely on blockchain and funds are actually stored in blockchain so tracking payments or help people to manage them is not illegal even if funds are ill-gotten because there is no way to know where they came from. Obviously if for some reason we come to know that some funds are illegal we'll of course ban that user and inform authorities if it's necessary.

We do not consider payrobot.io to be the paradise of illegal transactions but we want to protect the privacy right of the user. It could be a hard topic as politics but what history could teach us about this is that similar services have been running for years without any issues Wink
2  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: May 04, 2020, 07:11:30 PM
Does it work like cryptocurrnecy tumblers? If yes, wouldn't it be hard for you to establish your project because you can almost do the same with those tumblers, and what makes yours unique from the other.
How do you plan to get an income from this because it looks like it is only a bridge for anonymous payments, do you get commisions or are you putting ads, cause that helps a lot.
One last thing I can think of is how can the receiver get the payment when there are no sign up, this might be a problem in the long run because there can be mix-ups, I hope you can put a unique identifier for receiving payments like two way encryption where the sender and the receiver carries one key and the payment will never be valid when there is no activation from the both parties.

Thanks for your comments, answering your questions:

Does it work like cryptocurrency tumblers?
Not exactly, payrobot.io has two approaches:

1) Payment forwarding
This is like a cryptocurrency tumbler, you send coins to one address and receive it in other. BUT, this is intended for payment tracking via API and Callbacks, example:

Tom opens a Bitcoin platform and wants to accept payments easily, he doesn't want to use BitPay, Coinbase, or Full Node etc because of (any reason: hard implementation, privacy, sign-up, high rates, etc). So with payrobot.io generates one-time addresses to give to his clients and receive payments. Payrobot notifies his platform with url callbacks the status of payments so he can manage them automatically. Furthermore funds are sent immediately to his personal coin address as soon as payment is confirmed.

2) Wallet
Same as above but payments are stored in a private wallet where Tom's platform can request later send coins to different addresses. For example this is useful if Tom is implementing a PTC platform, investing, games or whatever where send coins to clients is required.


How do you plan to get an income from this because it looks like it is only a bridge for anonymous payments?
Payrobot.io takes 0.90% fee per recieved payment (inbound transactions), all outbound transactions are free. No ads Wink


One last thing I can think of is how can the receiver get the payment when there are no sign up, this might be a problem in the long run because there can be mix-ups
Generated addresses are one-time use so there is no way to mix-up where the payment has to be forwarded, all transactions are identified with unique IDs also


3  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: May 04, 2020, 06:49:08 PM

Thanks  Wink
4  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: April 26, 2020, 10:44:04 PM
You are an anonymous newbie asking people to send you coins.

If you are interested in appearing legit, you should place some coins in an escrow, or at the very least, sign an address showing you have any coins.

Developer here! I'm trying different solutions

I've tried payment forwarding from payrobot.io and it works fine.

Now it's time to try the wallets, I'll update my comments soon

Perfect, if you need support with the integration we're here to help

Have you looked at jevb88's trust?   Are you going to accept scammers in your service?



Hi Vod,

Thanks for your comments. As you mentioned generating trust is important. Scammers obviously are not welcome.

We have a long way to go. The escrow idea sounds great
5  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: April 26, 2020, 09:15:56 PM
Developer here! I'm trying different solutions

I've tried payment forwarding from payrobot.io and it works fine.

Now it's time to try the wallets, I'll update my comments soon

Perfect, if you need support with the integration we're here to help
6  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: April 26, 2020, 05:02:36 PM
Where are you located? I couldn't find any info on the site. I'm asking because I'm a bit curious on how you managed to run such a service without implementing KYC, especially that there is no single (closed source obviously) KYC-free payment processor out there.

Hi,

I understand why you're asking this but it is important to mention that our service is based on cryptocurrency tracking, we do not offer the possibility of using, storing or exchanging fiat money. I mean if someone wants to pay another person in Bitcoin, he can do it using the blockchain itself but if he want to know if the payment has been done and get his app notified he can use our services.

Actually there are several private services of this type including wallets. We're located in Brazil Wink
7  Bitcoin / Project Development / Re: Anonymous Cryptopayments API for Developers on: April 26, 2020, 03:53:09 PM
website design is beautiful and the options are excellent, but I think it is a little complicated for beginners as there is no graphical interface that enables them to complete the tasks?
For developers, it is a good choice.
When you talk about Anonymous, I don't think that's accurate. The user still needs to trust you and you will send the money as soon as you get it.
What are the rules for refunds and how will they work?

Thanks for your comments

That's right, even it's intended for developers and not for final users, it'd be a wonderful idea to provide a graphical testing tools for some of the features, for example: Payment Forwarding.

The "anonymity" of the platform transactions comes from the fact that users do not need to sign up or provide personal details to use the services so that actually transactions are not linked with someone in specific, thats why when you create a payment request we provide a secret PIN to offer support if it's needed (There is no way to proof authorship with out that PIN).

Refunds of Payment Forwarding works straight away with the following rules:
  • Received payments are forwarded as soon as they get the first confirmation (thats because we always send confirmed funds), we only take the 0.90% fee
  • If someone sends more than the initial payment amount, the request is updated with the new amount automatically
  • If someone pays less, the payment request remains in INCOMPLETE status until payment is completed

In the case of the wallets, sending funds works as soon as user requests it. Everything is automated with the API so human interaction only happens when users need support.

The project is growing and we will be offering more and better services Smiley

8  Bitcoin / Project Development / Anonymous Cryptopayments API for Developers on: April 24, 2020, 10:56:12 PM
Payrobot.io

Hi guys, I'd like to present a new project called Payrobot.io:

Accept, track, forward, store and send Bitcoin, Bitcoin Cash and Litecoin for your website or app

  • No Sign Up - No personal data or registration required
  • Simple API - Integrate your web / app through our simple RESTful API
  • Just 0.90% - Per received transaction, no mining, network or hidden fees

Features

Payrobot.io is an API based secure service that lets your web or app accept, track, forward, store or send crypto payments

PAYMENT FORWARDING
Generate one-time addresses to receive payments. The payment is forwarded to your desired address as soon as it's confirmed.

INSTANT PAYMENT NOTIFICATION
We track the payments and notify your web / app the status until they're confirmed. All events are notified through callbacks (webhooks)

SECURE WALLET
Send, Receive & Store your coins in a secure and private API-based wallet. No sign up is required to create new wallets

RESTful API
Simple but powerful and easy to use RESTful API for integrate your web / app with payrobot.io

If there are any developers here maybe you're interested in Wink
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!