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BrokenPipe
searching Neon…
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1.
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by
BrokenPipe
11y ago
You got that backwards, one of the two, Mike, suggested to that they should spend some time working on payment channel and improvements like lightning and since they though it was a good idea they did. Blockstream has to benefit from blocks
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Show HN: GreenBits, Bitcoin with multisig and hardware wallets
(blog.greenaddress.it)
1 points
by
BrokenPipe
12y ago
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0 comments
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BrokenPipe
12y ago
I agree with your friend. Avoid Italy. There's no good reason to open in Italy, especially when in EU you can open in many other places which are much cheaper and easier to deal with.
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BrokenPipe
12y ago
Link to the reddit discussion http://www.reddit.com/r/Bitcoin/comments/28jozx/a_debit_card...
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A debit card for your Bitcoin Wallet
(blog.greenaddress.it)
1 points
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BrokenPipe
12y ago
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1 comments
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by
BrokenPipe
12y ago
I think we did, good point. It should be removed imho. Especially since the instant confirmation with a monitor couldn't really be synchronous without .. wait for it, waiting. good catch!
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by
BrokenPipe
12y ago
To answer to your question, I think your points have already been raised and while I may even share them BIP70 is by default using SSL and X.509 and it seems natural to use it for extensions too. Other than that, instant confirmation is als
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BrokenPipe
12y ago
cheers!
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BrokenPipe
12y ago
Not really, the payment protocol gives you back the full transaction that can be checked by the merchant. The 'instant' comes from trusting a third party that temporarily controls enough keys to block the funds before they can ge
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BrokenPipe
12y ago
I got distracted, sorry I think fees will get cheaper as times goes by and the bitcoin network and market matures but it is very hard to say right now with the current transaction size limitations. Bitcoin is still in early development and
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BrokenPipe
12y ago
We don't provide instant confirmation but that does not mean you can't spend your funds without it. The minimum is 1 day or 144 blocks, default to 90 days, max is max block size.
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BrokenPipe
12y ago
Do you think the banking industry will support the unbanked faster than a stable and accessible internet will reach them?
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BrokenPipe
12y ago
We only provide instant confirmations for bitcoins we know that are going to get included in a block long before the nlocktime will expire allowing you to spend them.
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BrokenPipe
12y ago
An ATM bitcoin to cash manufacturer is testing the functionality right now and another one is planning to integrate it when they implement the payment protocol. There's also other users that can check either inside the GreenAddress wal
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BrokenPipe
12y ago
reminds me of this comment on reddit http://www.reddit.com/r/Bitcoin/comments/284me8/instant_conf... Not to dismiss the 51% issue but that would affect all transactions, this -'instant protocol'
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BrokenPipe
12y ago
For the record I know HostFat does not have an iPhone and he is a friend. I think.
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BrokenPipe
12y ago
Hello:) Author of the BIP draft for the Instant Confirmation Payment Protocol aka BIP70 extension and founder of GreenAddress. You can find the draft here https://github.com/greenaddress/bips/blob/bip-payment-
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Show HN: Instant confirmation via Bitcoin payment protocol
(greenaddress.it)
41 points
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BrokenPipe
12y ago
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36 comments
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BrokenPipe
12y ago
Hello :) author of the proposal here, if you have any question or comment feel free to ask! Users that trust https://GreenAddress.it can check the instant confirmation inside their wallet (on a UI 'badge' similar to th
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BrokenPipe
12y ago
impressive! a very cool hack!
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BrokenPipe
12y ago
true. if you want to try a wallet that offers multisig via 2fa, which should protects you more from the above risk, you may want to give https://greenaddress.it a go.
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BrokenPipe
12y ago
I've put a warning that suggests to users to use a local app!
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Reusing [Bitcoin] addresses is bad m'kay?
(blog.greenaddress.it)
1 points
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BrokenPipe
12y ago
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0 comments
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BrokenPipe
12y ago
Sure, I posted the design document/'white paper' here: http://blog.greenaddress.it/2014/04/05/firstpost-updates/ Direct pdf link: http://ghgreenaddress.files.wordpress.com/
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BrokenPipe
12y ago
disclaimer, I'm the founder of GreenAddress ;) 2of2 with time locked transactions means you can prevent double spend and thus allow instant confirmation. the android app doesn't update by default and the chrome app doesn't up
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BrokenPipe
12y ago
Earthians, gaians, world citizens ;) Including me.
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BrokenPipe
12y ago
Have you seen https://greenaddress.it ? Multisignature, deterministic, open source
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BrokenPipe
12y ago
Bitpay uses 0 confirmation and listens to the network before accepting payments but as you say this is may prove to not be sufficient.
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Bitcoin - When you can and can’t rely on 0 confirmations
(blog.greenaddress.it)
2 points
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BrokenPipe
12y ago
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2 comments
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BrokenPipe
12y ago
Direct link to the document, in pdf http://ghgreenaddress.files.wordpress.com/2014/04/greenaddre...
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