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Author Topic: [ANN] Open Source Bitcoin Exchange, Bitfication source code released!  (Read 4574 times)
ThiagoCMC (OP)
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November 14, 2013, 03:49:17 AM
 #1

Hello Bitcoiners!

I'm Thiago, founder of a very promising Brazillian Bitcoin Exchange, called Bitfication!

It is a pleasure to release the source code that powers the Bitfication Exchange!

This code is a fork from old Bitcoin Central, plus a lot of new code and effort to make it better and safer.

It is entirely updated! I mean, the new code runs with latest versions of Ruby on Rails / Devise / JQuery / NewRelic / etc...


Fork me on Bitbucket today!

Source code: https://bitbucket.org/tmartinx/bitfication.git


Features:

* Ready for Cold Wallet support;

* All withdraws are manually processed, which means that the Bitcoin wallet of Bitfication, have its balance equal to ZERO (0) Bitcoins. So, when a user requests a withdraw, we need to manually transfer the required amount back to the Bitfication's hot wallet and click "Mark processed" at the Admin Panel. The balance of the hot wallet will have a few Bitcoins ONLY during the transfer to the user that had requested it;

* Fiat Deposit/Withdraw form;

* Lot more!


Today, if someone cracks Bitfication, they'll steal ZERO Bitcoins. Since we're using a cold wallet, plus a "closed-source accounting software", which reads the MySQL directly to verify each transaction / balances independently, so, when a user requests a withdraw, we can "easily" track the money within our site to make sure it is legit, before sending money out.


Roadmap / issues:

There is a more detailed list at Bitbucket "issues".


* Multi-currency support, pairs "BTC/BRL", "BTC,LTC", "LTC,BRL", "BTC/USD" and go on (future GHS/BTC) and Colored Coins (BitcoinX - researching);

* Make it a "Blockchain-based" Exchange, by decoupling the Bitfication code from Bitcoin Daemon. The idea is, instead of depending on a up running bitcoind, use the blockchain.info API;

* Better Layout (Based on Twitter Bootstrap), including new charts;

* Better user experience;

* Improve MySQL isolation / secure;

* Develop frontends / backends / API / etc, with focus on security;


I appreciate any Bitcent as a small donation! It was very hard and time consumption to modify (hack) Bitcoin Central source code to make the current Bitfication from it. Feel free to donate to the original author of Bitcoin Central too, if you think it worth doing it.

I'm pretty confident that this code works like a charm! Anyway, there are a lots of new features (and bugfixes) that I would LOVE to see implemented! Volunteers?!


Future Bitcoins-ONLY projects that I'm working on:

* Private Data Center (maybe based on OpenCompute.org) powered by a private small-hydro. Batteries Included!

* Public Cloud Computing based on OpenStack, locally hosted. Instances with Radeons (GPU) will be available! Billing in CryptoCurrency!

* Bitcoin Mining Farm ASIC-based, locally hosted with free electricity (Carbon Free / Zero Emission).


Extra Ideas: Widely open and free Wifi-IPv6-ISP (probably also with Meshnet support) in São Paulo downtown, Brasil.


Today, the Bitfication Bitcoin Exchange is already hosted here at my own private Cloud Computing (powered by OpenStack), located within Brazil, so, I can say that the Bitcoins from my clients are safe, at least against "Linode-like hacks", not only because I'm using my own infrastructure, but also, because I'm using a cold wallet (offline wallet).


Best!
Thiago
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November 14, 2013, 03:54:57 AM
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Congrats

Wish u all the best

Bitrated user: Allex.
ThiagoCMC (OP)
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November 14, 2013, 04:00:06 AM
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Congrats

Wish u all the best

Thank you my friend!!!    Grin
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November 14, 2013, 05:11:48 AM
 #4

Great ThiagoCMC !

Welcome back !

That's what I was talking about !


+---------=====[ Rm 12:21 ]=====---------+
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November 14, 2013, 11:04:02 AM
 #5

Thank you man! That's awesome.  Grin

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November 14, 2013, 01:35:09 PM
 #6

Looks very promising indeed.
I will definitely check it out as soon as I have some time.

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November 15, 2013, 09:11:29 AM
 #7

Great tool! I really hope exchanges will be the most UNhackeable as possible in the future, cheers!

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November 15, 2013, 06:41:16 PM
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Bravo Thiago ! This is also a tribute to my friend Davout's early work ;0)

The decision to go 100% cold storage is sound: the new bitcoin-central does only cold storage too..

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November 16, 2013, 08:35:11 AM
 #9

Hi Thiago,

    congratulation for the hard job.
I'm interested in open an exchange in Chile and I was wondering if you can offer any help (paid, of course). We could use your word as working bases and add some differentation, you could get nice fee's for the code and the personalization... it just an idea.
Do you speak Spanish?
PM me if you are interested.

Bruno
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February 23, 2014, 10:42:26 PM
 #10

Hey man, is this project still live?
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March 10, 2014, 06:25:03 AM
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Be interested to hear any updates on this project!
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April 06, 2014, 09:24:11 PM
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Be interested to hear any updates on this project!
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April 07, 2014, 01:39:32 AM
 #13

Bitfication is temporary unavailable.

We are currently performing a maintenance. Site will back as soon as possible.

We apologize for any inconvenience.


I look forward to seeing your site
Thanks for the project  Smiley

ThiagoCMC (OP)
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December 01, 2014, 06:57:55 PM
Last edit: December 01, 2014, 09:39:00 PM by ThiagoCMC
 #14

Hey Guys!

 The Bitfication source is now back to Github! RoR coders wanted!

 Take a look: https://github.com/tmartinx/bitfication

 I'm working to re-open the Exchange ASAP!!

 BTW, I really appreciate all the replies on this thread, thank you guys!   ^_^

Cheers!
Thiago
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August 06, 2015, 03:17:25 PM
 #15

Any updates on the status of the website? I am afraid I have some money in there to rescue, is there a support email I can contact? I've tried support@bitfication.com but no replies… the deposit ID is #5688
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August 08, 2015, 09:59:48 AM
 #16

Wow thanks for this amazing contribution, will certainly check out the code once I have some spare time!
Good luck on re-opening the exchange btw.

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