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Author Topic: #assets-otc - Contract Management System  (Read 11818 times)
Snapman
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September 07, 2012, 03:23:51 AM
 #21

registered Cheesy

BTCRadio: 17cafKShokyQCbaNuzaDo5HLoSnffMNPAs
Jutarul
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September 07, 2012, 03:32:39 AM
 #22

Ok. signed up. How do I issue assets?

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
piotr_n (OP)
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September 07, 2012, 06:35:38 AM
 #23

Ok. signed up. How do I issue assets?
Send me the signed contract for the asset and I will add it to the system, putting your account as the AI.

Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
PGP fingerprint: AB9E A551 E262 A87A 13BB  9059 1BE7 B545 CDF3 FD0E
Jutarul
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September 07, 2012, 04:12:59 PM
 #24

Ok. signed up. How do I issue assets?
Send me the signed contract for the asset and I will add it to the system, putting your account as the AI.

I see. Do you plan to support the ability for users to issue assets themselves?

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
piotr_n (OP)
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September 07, 2012, 04:17:19 PM
 #25

Ok. signed up. How do I issue assets?
Send me the signed contract for the asset and I will add it to the system, putting your account as the AI.

I see. Do you plan to support the ability for users to issue assets themselves?
No. Because I want to verify the contract first.

Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
PGP fingerprint: AB9E A551 E262 A87A 13BB  9059 1BE7 B545 CDF3 FD0E
MPOE-PR
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September 08, 2012, 11:43:58 PM
 #26

So basically you've made a shitty MPEx, six months late and with all the credibility of a 0 WoT rating. Good luck.
You'd look much less like an idiot if you just said that to start off, rather than wait for me to say it.

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September 09, 2012, 06:28:37 AM
Last edit: September 09, 2012, 02:12:20 PM by piotr_n
 #27

So basically you've made a shitty MPEx, six months late and with all the credibility of a 0 WoT rating. Good luck.
You'd look much less like an idiot if you just said that to start off, rather than wait for me to say it.
I don't know much about MPEx - never even tried using it, since your system looks in a way that scares me off the first second after I load the page.
But as far as I've managed to learn about MPEx, it is a trading platform, whilst #assets-otc is a contract management system where the actual trading is off the scope.

Moreover, MPEx does use PGP signatures, but only as an authentication method for trading transactions and withdrawal requests. And as far as I understand what a "withdrawal requests" means, it means that there is still money stored in the service, that can be stolen and thus one day probably will - if not by you (the owner), then by somebody else (a hacker)..

So as for me, MPEx is a completely different idea, based on a completely different security concept.
Not to mention that it looks just like shit and the interference is anything but intuitive, even though it is already six months old... you obviously have done a great job for the last six months, improving the service for your customers, making it so much more user friendly... fuck yeah! If I had been a masochist, I would have probably liked trying MPEx... though hammering a nail with a piece of wool into my own ass would still seem to be a simpler process than using the service that you are so proud of.

And my WoT rating is 5, not 0 - so don't lie.
But whatever it would have been it does not matter at all, because unlike you, I do not need anyone to trust me with his money.
I am giving out to people a top security bookkeeping and dividend payment service for free. And beat me on this, if you can. Good luck.

Wrapping it up: you'd look much less like an idiot if you just didn't come to this topic advertising your shit using my brilliant idea as the bait.

Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
PGP fingerprint: AB9E A551 E262 A87A 13BB  9059 1BE7 B545 CDF3 FD0E
killerstorm
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September 09, 2012, 08:04:57 PM
 #28

MPex is superior to GLBSE in terms of security and anonymity.

Chromia: a better dapp platform
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September 09, 2012, 08:17:56 PM
 #29

MPex is superior to GLBSE in terms of security and anonymity.

MPex still has a lot of work to be at a certain level, but the vision is there
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September 10, 2012, 01:41:13 AM
 #30

I'm liking this idea, how can the system be run without a specific operator becoming a target. What I mean is, if someone wanted to list shares for a service or something that would generally be considered illegal what is to stop the feds from going after the site operators (currently you in this example) and the issuer?

PGP key id at pgp.mit.edu 0xA68F4B7C

To get help and support for GLBSE please email support@glbse.com
Bitcoin Oz
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September 10, 2012, 01:56:24 AM
 #31

I'm liking this idea, how can the system be run without a specific operator becoming a target. What I mean is, if someone wanted to list shares for a service or something that would generally be considered illegal what is to stop the feds from going after the site operators (currently you in this example) and the issuer?

The point is you can keep a list of all your shareholders on your own pc and dont need a server to manage them.

piotr_n (OP)
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September 10, 2012, 07:04:41 PM
Last edit: September 10, 2012, 07:47:17 PM by piotr_n
 #32

So here are the latast news:

1) I made About page where you can learn what the service is all about without a need to read this forum.
2) The users can already download signed receipts for the transactions that they were involved in (it's in the History tab).
3) The secured dividend payment tool is ready and available on github: https://github.com/piotrnar/paydiv
4) There is only one slot left from the ten I mentioned before - so only the next person to register on the site will get 10 sharers of the ASSETS-OTC project, completely for free.
5) Those who already did get the shares, if you haven't yet, please submit your dividend withdrawal address - you never know when I may be in a good mood, or just want to test my stuff with some real bitcoin - and then you wouldn't want to miss it... Wink

Any account without the dividend address set will be considered as "this one gives up the dividends".
It is in your own interest to have the dividend payment address submitted.
AI is not a deposit box, so if you don't take it while they payment is going out - you loose it.

Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
PGP fingerprint: AB9E A551 E262 A87A 13BB  9059 1BE7 B545 CDF3 FD0E
nimda
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September 11, 2012, 12:13:20 AM
 #33

Does this mean that if I (Bob) want to sell 35 A_BOND for 1 BTC each to Alice, we need to go through the asset issuer? Otherwise, I don't see the double-spend prevention.
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September 11, 2012, 05:29:08 AM
 #34

Does this mean that if I (Bob) want to sell 35 A_BOND for 1 BTC each to Alice, we need to go through the asset issuer? Otherwise, I don't see the double-spend prevention.
Yes - any transfer always needs to go through the asset issuer (or the person he hired to keep the books).
It's not only for double-spend prevention, but most of all for the AI to always have the up-to-date list of his shareholders.

Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
PGP fingerprint: AB9E A551 E262 A87A 13BB  9059 1BE7 B545 CDF3 FD0E
Stephen Gornick
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October 06, 2012, 08:29:52 AM
 #35

It is in your own interest to have the dividend payment address submitted.

Where do I set that?

Unichange.me

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piotr_n (OP)
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October 06, 2012, 08:41:20 AM
 #36

It is in your own interest to have the dividend payment address submitted.

Where do I set that?

You have to own some assets first.

And then after you login, just press a button (see below) and follow the instructions on the next page.


Check out gocoin - my original project of full bitcoin node & cold wallet written in Go.
PGP fingerprint: AB9E A551 E262 A87A 13BB  9059 1BE7 B545 CDF3 FD0E
EskimoBob
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October 06, 2012, 09:33:58 AM
Last edit: October 06, 2012, 10:24:10 AM by EskimoBob
 #37

I get "Can't check signature: public key not found" ?
Sorry, I missed the import key part. It's OK now.
Do you have a test security to use and test it out?

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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October 06, 2012, 09:36:26 AM
 #38

Can this be used to fix the mess Nefario and his gang left behind? https://bitcointalk.org/index.php?topic=115825.0

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
DutchBrat
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October 06, 2012, 10:34:17 AM
 #39

I sure hope so !
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October 06, 2012, 11:59:04 AM
 #40

Can this be used to fix the mess Nefario and his gang left behind? https://bitcointalk.org/index.php?topic=115825.0


Yeah I'm interested in this also.

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