dudeami (OP)
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May 19, 2013, 08:01:52 PM Last edit: May 26, 2013, 09:57:11 AM by dudeami |
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Hello all, I am here to announce DudeAmI's Altcoin Escrow! Fee: 0.1% for each party during beta Website: https://escrow.dudeami.com/Public Trades/Exchange: https://escrow.dudeami.com/exchange/listWhats this for?This is for when you want to Buy/Sell cryptocoins for other cryptocoins, but adds a trusted middleman. Say you setup a trade with John, 100 LTC for 2.5 BTC. Normally, you'd just send the litecoins and hope that maybe some day you will see the bitcoins in return. So whats beta mean?Beta means stuff may go wrong (and assuming Murphy's Law, will), so be patient and prepared to email me if things do go wrong (Look at OMG OMG I HAVE A PROBLEM below). I have tested this code quite extensively so I believe it will work. So how does your escrow work?Now lets say you have the same trade with John. Instead, you go to the escrow and setup a new trade, enter 100 LTC for 2.5 BTC, enter your BTC address and LTC return address (in case things don't go as planned), and create the trade. The site will give you a URL to send to John, where he enters his LTC address and BTC return address and accepts. Now the site will update with addresses where you deposit your coins. Once both deposits are made and confirmed, the amounts get sent (BTC to you, LTC to John), the trade is complete, and both sides are happy! At any time before John accepts, either party may cancel the trade by clicking decline. Any fees?For the beta, 0.1% fee on all transactions. After the beta, I have determined a fee of 0.5% would be acceptable. Sounds good and all, but how can I trust you?I won't deny I am new to these forums (very new), and I have 0 reputation around here. All I can do is say I'm not here to scam anyone, and I wouldn't put a week+ of work into this if I did. OMG OMG I HAVE A PROBLEM!Email dudeami0@gmail.com right away! I'll watch this topic, but an email will get a much more prompt response. Supported Currencies:BTC (Bitcoin) LTC (Litecoin) PPC (PPCoin) FTC (FeatherCoin) BQC (BBQCoin) BTB (BitBar) YAC (YACoin) TRC (TerraCoin) CHN (CHNCoin) NVC (NovaCoin) JKC (JunkCoin) GMC (GameCoin) ELC (Elacoin) PWC (PowerCoin) RYC (RoyalCoin) WDC (WorldCoin) GLD (GoldCoin) MNC (MinCoin) NIB (Nibble) NMC (NameCoin) DVC (DevCoin) DBL (Doubloons) FRK (Franko) BTG (BitGem) DGC (DigitalCoin) PXC (PhenixCoin) LKY (LuckyCoin) Note that the backend is designed to easily/quickly support new coins! Let us know if there is a coin we missed at dudeami0@gmail.com and we can probably get it added. Note we compile all the coins from source, so no source = not here. Any comments or questions feel free to ask!
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Put your heart on the line, it determines your fate. BTC: 1DUDEAMiV54PFJFSe5fen3wr1e71unkaGj
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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blastbob
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May 19, 2013, 08:03:59 PM |
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fun
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Bitrated user: blastbob.
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BitcoinBoard
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May 19, 2013, 08:05:45 PM |
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First exchange for GLDCoin, awesome!
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Bitcoin (BTC) Adress: 1EJMCFdJMsNmp9jtSztnwu9yErRj1KAATc Litecoin (LTC) Adress: LiTakTnY9Qv71GqQbpGpEbN39e5aQyqLGX
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mercSuey
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May 19, 2013, 08:08:26 PM |
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Smart move! Good luck!
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crypt0maniac
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May 19, 2013, 08:10:09 PM |
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cool will dump my RYC
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CoinHoarder
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In Cryptocoins I Trust
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May 19, 2013, 08:10:18 PM |
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Great. We need more exchanges, good work!
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BBQKorv
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May 19, 2013, 08:11:52 PM |
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Sounds good and all, but how can I trust you? I won't deny I am new to these forums (very new), and I have 0 reputation around here. All I can do is say I'm not here to scam anyone, and I wouldn't put a week+ of work into this if I did.
Not to accuse you, but week+ work for a lets say 100+ or maybe 1000+ BTC is quite a nice payout if you were a scammer. I'll be waiting to see some comments on how this is working and will base my final opinion on the feedback.
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crypt0maniac
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May 19, 2013, 08:12:40 PM |
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looks more like escrow service then market, or Am I missing something ?
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eule
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May 19, 2013, 08:13:48 PM |
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Quite cool project, you forgot Doubloons though. And FC2. Oh and Bitgems.
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Hazard
Legendary
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May 19, 2013, 08:17:02 PM |
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More of an escrow service than an exchange, but this is still very cool
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dudeami (OP)
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May 19, 2013, 08:18:24 PM |
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Sounds good and all, but how can I trust you? I won't deny I am new to these forums (very new), and I have 0 reputation around here. All I can do is say I'm not here to scam anyone, and I wouldn't put a week+ of work into this if I did.
Not to accuse you, but week+ work for a lets say 100+ or maybe 1000+ BTC is quite a nice payout if you were a scammer. I'll be waiting to see some comments on how this is working and will base my final opinion on the feedback. I understand, and that is your choice. As this is a beta, I encourage people not to send large amounts of coins as well. looks more like escrow service then market, or Am I missing something ?
More of an escrow service than an exchange, but this is still very cool
Its an escrow service basically, I choose exchange while developing it and havn't really changed it. I might if it causes too much confusion. Quite cool project, you forgot Doubloons though. And FC2. Oh and Bitgems. Link me to the sources for these and I'll look at adding them. Last time I looked FC2 didn't have any sources available. Let us know how it goes!
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Put your heart on the line, it determines your fate. BTC: 1DUDEAMiV54PFJFSe5fen3wr1e71unkaGj
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blastbob
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May 19, 2013, 08:19:16 PM |
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Bitrated user: blastbob.
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kr4x
Member
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May 19, 2013, 08:21:43 PM |
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very nice! thank you for adding GLD
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pascal257
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May 19, 2013, 08:23:06 PM |
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You may want to add a section for public trades. That way it would be more of an exchange.
Is the trade locked once I've entered my adresses? Do I pay the transaction fees even if the trade does not succeed?
Maybe add the possibility to reopen a failed trade before returning the coins. And maybe add the exchange rate, so that you don't have to calculate it manually.
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jaywaka2713
Sr. Member
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aka 7Strykes
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May 19, 2013, 08:26:05 PM |
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I'll look into the service, but can you go in depth in regards to explaining your security measures. As many details as possible would be great. Don't want another huge hack to ruin other altcoins. Also, look into adding MinCoin (MNC).
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blastbob
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May 19, 2013, 08:26:56 PM |
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Bitrated user: blastbob.
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CryptoBullion
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May 19, 2013, 08:28:14 PM |
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i see the page has changed... waiting for confirmations , looks good so far, i like the lay out . This site is pretty nice so far.
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TrollByFire
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May 19, 2013, 08:29:09 PM |
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BTC: 12JYhysrpqnzqhkZ6qRY8At3G14btEwTtF
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blastbob
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May 19, 2013, 08:29:41 PM |
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i see the page has changed... waiting for confirmations , looks good so far, i like the lay out . This site is pretty nice so far.
Yea just slow LTC confirmation left.. the 1 hour expire timer might be too low
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Bitrated user: blastbob.
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