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Author Topic: ClearCoin Closing  (Read 12281 times)
Gavin Andresen
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June 23, 2011, 09:29:33 PM
 #1

I've been struggling recently to keep ClearCoin moving forward while I also try to keep core bitcoin on track, and with all the demands on my time I can't spend the time on ClearCoin to make it a project that I'm really proud of.

So in the next day or two I'll stop allowing the creation of new escrow transactions. Existing transactions will be unaffected, and I'll keep ClearCoin running for at least two months after the last active transaction has expired.

I hope ClearCoin will be back at some point in the future, but I won't bring it back until a lot of behind-the-scenes work is done to make it a robust, scalable business.

How often do you get the chance to work on a potentially world-changing project?
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done
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June 23, 2011, 09:31:56 PM
 #2

thanks for making it available while it lasted. im sure someone will come along and grab the flag.
Astrohacker
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June 23, 2011, 09:33:27 PM
 #3

Have you made the software open source? If not, you should consider it. Escrow is something that depends on trust. It would be great to have something like ClearCoin available as open source, that way two people in a transaction can pick a third party they trust to run the escrow.
ribuck
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June 23, 2011, 09:33:57 PM
 #4

Why don't you sell the code and the customer base as a going concern?
matonis
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June 23, 2011, 09:36:46 PM
 #5

Thanks for the memories, Gavin. Maybe someone will purchase ClearCoin.

Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.
qualia8
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June 23, 2011, 09:38:42 PM
 #6

Definitely consider selling.  We *must* have escrow!
Sher
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June 23, 2011, 09:56:19 PM
 #7

Sad news, it was a very good tool for newcomers like me.

thanks for giving it to us and hope it comes back soon

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YoYa
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June 23, 2011, 10:13:17 PM
 #8

Good idea, an automated escrow has some awesome potential.

Please hand it over to a worthy party should you get the opportunity, but if you wish to keep it for another time....one can understand. Smiley
Trader Steve
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June 23, 2011, 10:46:45 PM
 #9

Gavin,

That's too bad. I was just starting to use it. Maybe you can hire some trustworthy person to run it in your absence?

At any rate thanks for all your efforts to help make bitcoin a success!

Trader Steve
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June 23, 2011, 11:16:45 PM
 #10

That's really sad, the canadian OTC was using it on a daily basis: https://en.bitcoin.it/wiki/Secure_Trading-CAD-interac

Hopefully you will be able to do what you like with the main BTC client.
Godspeed!
allinvain
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June 24, 2011, 12:35:48 AM
 #11

Is there nobody who would consider taking the mantle sort of speak? Also I'm curious do you have a certain sell price for the site?

BitcoinPorn
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June 24, 2011, 12:46:13 AM
 #12

Put me in the camp that hopes someone can get behind this monetarily, from a business or a person.

bitcoinminer
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June 24, 2011, 01:43:30 AM
 #13

Is there nobody who would consider taking the mantle sort of speak? Also I'm curious do you have a certain sell price for the site?

I'll give you 25,000 BTC for it!!!

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett
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June 24, 2011, 01:47:19 AM
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Is there nobody who would consider taking the mantle sort of speak? Also I'm curious do you have a certain sell price for the site?

I'll give you 25,000 BTC for it!!!

Are you serious... You could just convert some 75 Bitcoins into USD and pay a developer to do that.

NO_SLAVE
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June 24, 2011, 01:47:29 AM
 #15

I hear 25,000 BTC who will give 26,000 BTC? do I hear 26,000 BTC? do I hear 26,000 BTC?
allinvain
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June 24, 2011, 01:48:48 AM
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Is there nobody who would consider taking the mantle sort of speak? Also I'm curious do you have a certain sell price for the site?

I'll give you 25,000 BTC for it!!!

Are you serious... You could just convert some 75 Bitcoins into USD and pay a developer to do that.

He's not serious of course. He's just being an asshole troll as usual.

bitcoinminer
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June 24, 2011, 02:10:55 AM
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He's not serious of course. He's just being an asshole troll as usual.

What, you thought you had a monopoly on that?

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett
allinvain
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June 24, 2011, 02:52:20 AM
 #18


He's not serious of course. He's just being an asshole troll as usual.

What, you thought you had a monopoly on that?

No but you surely outshine them all. I christen you SuperTroll!

bitcoinminer
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June 24, 2011, 02:56:13 AM
 #19

No but you surely outshine them all. I christen you SuperTroll!

I appreciate that, but I don't think I've been here long enough to earn this award.  I'd say I'm the #5 troll, at best.  You're at least #3.

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett
cbeast
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Let's talk governance, lipstick, and pigs.


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June 24, 2011, 02:58:45 AM
 #20

I hope the drain on Gavin's time are still somehow bitcoin related.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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