[ANN] Atomic Trade New Virtual Currency Exchange USD BTC

[RiseOfTH]

@ByronP can you look into QurarkCoin (QRK)? QRK is 9th largest cryptocoin and has decent volume of trades. It has one of the highest traded coins at BTC38- a top Chinese exchange. It has been added to most of the known altcoin exchanges except btc-e. There are lots of developments and projects going on. QRK has very active community and is growing very fast. It is one of better designed coin- purely CPU based, more secure (6 random hashes from 9 round of hashes), faster (30 sec) and has very interesting economics of coin distribution.

http://www.reddit.com/r/QuarkCoin/

What is QRK? https://www.youtube.com/watch?v=YrNnrvet7Ao

www.qrk.cc

http://www.quarkfoundation.cc/

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[ByronP]

Since a lot of people have been asking I though I would post this here to try and help people understand.

Any wallet is susceptible to the current BTC network problem. What happens is a transaction is broadcast to the BTC network. A malicious node then takes that transaction and mutates the data then broadcasts the bad information back out onto the network. When your wallet sees that transaction (because the id the wallet uses remains in tact) it thinks it sent the transaction (double spend). However because the data in the transaction is bad it will never confirm and the wallet will get stuck waiting for it. This is a problem for exchanges because all transactions both in and out get blocked by the wallet as it is waiting for the bad transaction to confirm (it never will). Many people have been affected by this as of late not just exchanges. The wallet.dat file must be edited and the bad data pulled out and the wallet is fine after that (did it twice yesterday). Regular users will either be stuck with a corrupt wallet or have to wait a few days for the bad data to be kicked out by there wallet.

In the paper that MTGox wrote the id they are talking about is the txid of the transaction broadcast on the network. There proposed solution is for the wallet (everyones) to stop using just the txid and to also use a secondary hash of the transaction. This way when a bad transaction comes to the wallet the wallet will reject it as the txid may match but the private hash doesn't so the wallet knows that the transaction has been tampered with.

[D05GTO]

Thanks for the update! 

Deeyoh

[ByronP]

USD fees are being dropped to a mere 0.75% :-)

[D05GTO]

Keep up the good work.

[Hellionator]

Great site, I'm loving it so far!  I highly recommend anyone join!  Here's my Atomic Trade referal ID in case you want to join - https://www.Atomic-Trade.com?refid=8ENCU643

[ByronP]

Added Skeincoin, PXL updated and will be adding a few big name coins very soon

[ByronP]

Unobtanium is now active and trading :-)

[ByronP]

Trade accuracy has been increased to 1/100th of a satoshi :-)

[ByronP]

GME has been retired :-( MED has been added :-) interesting coin check it out

[ByronP]

SPREAD THE WORD: Fri 2/21/14 starting at 6pm EST 0% BUY FEE and 0.15% SELL FEE

[ByronP]

PHO Photons are now open for trade!!!

https://bitcointalk.org/index.php?topic=478136.0

https://cryptocointalk.com/topic/5903-photon-pho-information/

[markjamrobin]

The site looks nice! ANy chance funding via ACH could work?

[ByronP]

yes you can fund via ach, you just need to open a support ticket to do it since ach doesn't send additional info to the bank.

[markjamrobin]

yes you can fund via ach, you just need to open a support ticket to do it since ach doesn't send additional info to the bank.

Okay, I will take a look. How long do ACH take to post?

[ByronP]

ach and wire so far take about a day

[CoinTropolis_JustaBitTime]

Fantastic work, we look forward to directing Nxt traffic that way down the road.  Do you plan on enabling any type of auto-trade options similar to Cryptsy?  It would be nice to be able to figure a way to have a system like CoinPayments.net accept a coin and have the customer be able to flip it to USD automatically and have it waiting on the exchange to use (once all the compliance forms are filled out).

[r3wt]

OpenSourcecoin for the win!

[ByronP]

E Mail server is down. New accounts will need to open a support TKT to have there account manually enabled.

Edit: FIXED

[ByronP]

Id verification backlog is catching up :-)