Pastecoin

[kiba]

http://pastecoin.com

Genjix, Please refrain from making my customer wait for a confirmation.

[bencoder]

I wouldn't mind the confirmation so much if it was made obvious that I would have to wait.

On Kiba's file, it said: "send at least 0.102 coins to <address>"

So I went to my bitcoind and did sendtoaddress <address> 0.102

Everything seemed fine and I kept refreshing but it still wouldn't let me download the file. Then I remembered that bitcoin still only works in cents so I had to send another .01 and then wait for a confirmation before I was able to download the file. It was pretty confusing - maybe you should round up to the nearest .01 so that I can actually send the amount you require, since bitcoind didn't inform me that it only sent 0.10 when I tried to send 0.102.

[ribuck]

Genjix, Please refrain from making my customer wait for a confirmation.

And please take your share out of the price posted by the uploader, rather than adding it on.

If the uploader prices something at BTC 0.1, that's what it should cost, not BTC 0.102.

[genjix]

http://pastecoin.com

Genjix, Please refrain from making my customer wait for a confirmation.

How is that possible? The site has to confirm the payments were received first before it's possible to download the file.

Your other suggestions were all good, and I've updated the site now. A file for 2 BTC costs 2 BTC. The uploader receives 1.96 BTC.

It said that it was taking a share before but I had that line commented out.

I'm lurking #pokerface when not on #bitcoin-dev so let me know of anything else if I don't respond here.

This was just a weekend project. We're working on something else:
http://forumserver.twoplustwo.com/28/internet-poker/rake-free-open-poker-room-run-poker-community-938389/
Come to our meeting tomorrow 2200 GMT on #pokerface ... good to share ideas.

cya

[kiba]

http://pastecoin.com

Genjix, Please refrain from making my customer wait for a confirmation.

How is that possible? The site has to confirm the payments were received first before it's possible to download the file.

Accept bitcoins when it's 0/confirmation, not 1/confirmation. This is what ubitio.us and I think bencoder did too.

It's an acceptable risk for what is...0.10 BTC at the time of this post.

[TTBit]

http://pastecoin.com

Genjix, Please refrain from making my customer wait for a confirmation.

How is that possible? The site has to confirm the payments were received first before it's possible to download the file.

Your other suggestions were all good, and I've updated the site now. A file for 2 BTC costs 2 BTC. The uploader receives 1.96 BTC.

It said that it was taking a share before but I had that line commented out.

I'm lurking #pokerface when not on #bitcoin-dev so let me know of anything else if I don't respond here.

This was just a weekend project. We're working on something else:
http://forumserver.twoplustwo.com/28/internet-poker/rake-free-open-poker-room-run-poker-community-938389/
Come to our meeting tomorrow 2200 GMT on #pokerface ... good to share ideas.

cya

I'm a long time reader of 2+2. I see a lot of people 'seeing the light' about bitcoins in that thread. Best of luck to you.

[kiba]

So, new owner of pastecoin...

Will you be implementing 0/confirmation downloads?

[jgarzik]

I'm definitely open to new ideas like this.

bitcoin really needs a transaction processor that works to detect double-spends, sampling all over the network.

[Stephen Gornick]

I'm definitely open to new ideas like this.

bitcoin really needs a transaction processor that works to detect double-spends, sampling all over the network.

How would this detection work?

Is the target to be able to function comparably to payment card authorization, which averages 2 to 3 seconds?

Would this be a separate service, or something built into the client?

[Anonymous]

If bitcoin is to compete with credit cards it has to be a lot faster than it is now. Waiting 10-30 minutes is out of the question for any payment processor.

[FreeMoney]

If bitcoin is to compete with credit cards it has to be a lot faster than it is now. Waiting 10-30 minutes is out of the question for any payment processor.

The answer is simple imo. Trust 0/unc for small amounts unless it becomes a problem, keep credit on account if that doesn't work. For large amounts you have plenty of time, those fancy dildos don't need to ship until morning.

[Anonymous]

If bitcoin is to compete with credit cards it has to be a lot faster than it is now. Waiting 10-30 minutes is out of the question for any payment processor.

The answer is simple imo. Trust 0/unc for small amounts unless it becomes a problem, keep credit on account if that doesn't work. For large amounts you have plenty of time, those fancy dildos don't need to ship until morning.

haha that is a good point

[kiba]

Jgarizk: Progress report?

[Delia]

http://pastecoin.com

Genjix, Please refrain from making my customer wait for a confirmation.

How is that possible? The site has to confirm the payments were received first before it's possible to download the file.

Let the uploader choose how many confirmations they want to require. Some might be satisfied with zero; some might want as many as ten. Probably most should choose 0 or 1.

[jib]

If an uploader is satisfied with zero confirmations, does that mean I can send the coins to the site, send the coins somewhere else at the same time, and have a chance of getting the file for free depending on which transaction ends up in the block chain?

[Delia]

In theory, yes. In practice, the effort required probably exceeds the price of the file. More expensive files should require more confirmations.

[kiba]

Is the new owner doing anything with it?

[jgarzik]

Is the new owner doing anything with it?

Yes, but it is Christmas holidays right now.

[jgarzik]

pastecoin got hacked, before I had a chance to review any of the code.

The Apache web server has been shut down until this is fixed.

[kiba]

fabianhjr PM me on IRC, but he is confused as to who is actually the owner of pastecoin.

But he left before I have the chance to inform him that genjix is not the owner of pastecoin.