Major Retail Point of Sale Initiative in USA

[jimbobway]

Ripplepay is a single-server implementation of the Ripple decentralized payment concept.  There's no distributed implementation yet.  Designs for a distributed protocol are here:

http://ripple-project.org/Protocol/Index

Ryan

Interesting...I had a hard time understanding the concepts...but nevertheless interesting.

[ThomasV]

That's really cool bruce!
Why don't we have an european bruce wagner??

LOL

Hey, I'm GLOBAL, Baby!   

First stop on the "Bruce Wagner Europe Tour 2011" is definite.....

• Barcelona ---> (dates to be announced, some time around... between 13-23 March) 

Can you guys make it there then?

Hey, I would like to join. I can make it to Barcelona on 13-14 March.

[jimbobway]

Bruce you are awesome. Your energy is unbounded.
Cant wait to see the new show.

Thanks!   

By the way, as an update:   The new show is called, "The Bitcoin Show".   It will be LIVE every week....  every Friday.... at 10AM to 11AM Easter Time (New York City time).

You will be able to watch LIVE, and join and ask questions, etc., in the LIVE chatroom, starting this coming Friday, January 21, 2011.... at 10am....   at http://onlyonetv.com

If you have suggestions for Guests we should interview about any aspect of Bitcoin, email me:  bruce@brucewagner.com

If you can't make it online at that time, it will be available for streaming or downloading, later, on that same site.

See you there!   

Any way for us to listen to a replay?

[fabianhjr]

I support the notion of having replays or uploaded it so I can watch it after school!

[Guillo]

Funny how I never ran into this system while I was living in New York!
Do you know of any similar initiatives or companies providing this service in Latin America?? I'm talking specifically about the POS system. Could be a great service to provide the customers!

[fabianhjr]

Progress Report? Do you need help coding and debugging?

[Garrett Burgwardt]

Yeah, what's going on with this? It seems to be the best way to get retailers to use bitcoins (account hubs)

[Quip]

I would also love to see this, though I am not sure about the proprietary app part.

[mizerydearia]

Have there been any progressive developments on a POS implementation?

[ryepdx]

I am in tight with a community supported cafe/community center here in Portland, OR. I could probably get them on board, even if its only me who uses BTC at first. I help with their accounting, business planning, etc, and spend about $25 a week at the cafe, so I could probably convince them . Keep me posted!

Hey, I live in Portland! Where is this cafe? Have they set up a POS kiosk yet?

[jtimon]

There's no distributed implementation of ripple. But you don't need a complete for two AH to trust each other.
They just have to be legally liable between them. Note that they don't need to be directly liable, a web of trust can be used.
For example, Payer has an account with AH1 and seller with AH2.
At the moment of the payment a message is sent to AH2 with the form:

Do you trust AH1?

If it's not in the AH2 list of trusted AH, he can ask the same question to the AH in his list and they (before answering) can ask other AHs too.
There's only the need for a path of trust from AH2 to AH1.

You can read an interesting document about the problems for distributing ripple here:

https://groups.google.com/group/rippleusers/browse_thread/thread/acb472ad92e77d2c?hl=es

There's debate in ripple about how to adapt bitcoin technology to implement a distributed ripple. If it's done, maybe the time for ripple transaction verification doesn't fit with your protocol. Ryan has also an idea for real-time confirmation here:

http://bitcointalk.org/index.php?topic=4382.msg64109#msg64109

I don't know if its feasible.

[jtimon]

There's debate in ripple about how to adapt bitcoin technology to implement a distributed ripple. If it's done, maybe the time for ripple transaction verification doesn't fit with your protocol. Ryan has also an idea for real-time confirmation here:

http://bitcointalk.org/index.php?topic=4382.msg64109#msg64109

I don't know if its feasible.

I'm sorry. Here's the beginning of the thread:

http://bitcointalk.org/index.php?topic=4382.0

[marcusaurelius]

Hey Bruce,

is there any news on this? I remember everyone being very excited about this in January.

Did this die? Why did this die?

Best,

marcusaurelius

[ryepdx]

I second Marcus' question. I was this close to asking the same thing yesterday.

[jtimon]

I second Marcus' question. I was this close to asking the same thing yesterday.

I was going to ask it today, after reading that bitcoin central is now open source and allows instant payments between accounts.
Just remembered the Account Hub. I think is a crucial project for bitcoin acceptance.

[AngelusWebDesign]

US$2.57, BTC 8.57

Am I the only one that caught this?

Don't you mean US$2.57, BTC 0.0857?

I doubt BTC will be worth $0.29 anytime in the future... 

[fornit]

US$2.57, BTC 8.57

Am I the only one that caught this?

Don't you mean US$2.57, BTC 0.0857?

I doubt BTC will be worth $0.29 anytime in the future... 

you caught what?
thats an example from january with a price from january.