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Zero Reserve - A distributed Bitcoin Exchange

104 点作者 sathishmanohar超过 11 年前

9 条评论

adrianwaj超过 11 年前
How I see it, the most important exchanges increasingly from now onward are those between cryptocoins. Btc is just an onramp and offramp into the cryptocurrency ecosystem.<p>Such exchanges can be totally anonymous, including who runs them. They don&#x27;t deal with people or fiat currency. Just usernames and blockchains. People trust them based on their history, like an ebay seller, and admins realize there&#x27;s no need to rip off users because it&#x27;s not worth it to them in the long run (let alone what might happen to them if they are personally outed for doing so.) People can go in and out of them for very short periods of time to lower the risk it should disappear during that time, ie to lower their &quot;exchange risk.&quot; They could also have a set lifespan... &quot;we will operate from 2015-2018&quot; this might lower risks as well.. imagine if Silk Road had a fixed shelf life that expired before it was caught.
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nhaehnle超过 11 年前
It is notable that this project, which is advertised as something related to Bitcoin, introduces itself on the Wiki with the concept of money-as-IOU. There is a serious clash of underlying philosophies of money here.<p>On the one hand, you have Bitcoin, which is essentially an attempt to replicate a gold&#x2F;commodity-like currency in a distributed, electronic fashion.<p>On the other hand, you have the notion that all money is ultimately an abstraction of who owes who. That is, money models social relationships.<p>A project that successfully combines these two notions could be quite interesting.
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adrianwaj超过 11 年前
I mentioned on another thread about using company-specific intracoins to facilitate intra-company resources and commerce. I&#x27;ve had a longer think about it, and realized that an exchange can be the focal point of a company&#x27;s entire finances. Let&#x27;s say a company gets funded, those funds are lodged onto the exchange into the management&#x27;s exchange account, and a certain number of coins are minted. Departments request these coins from management who sends them to various departments. Intra-company transactions are facilited by these intracoins for factors-of-production. For departments that earn revenue, these funds are deposited into that department&#x27;s exchange account, and they can buy more coins, to spend further. At times, management can demand the Sales department transfer them coins (or funds) so they can move them back around the company as they deem fit (like a tax). As the company grows in sales, the price of the coins can either rise, or more coins are issued so it remains fixed to fiat.<p>So basically, I think this exchange could be used in such an idea. It&#x27;d have to tie in with an accounting information system, and other systems. Possibly an ERP. Management can approve of all intracoin&#x2F;fiat trades on the exchange, because it means a department will need to make an external purchase, and management may want to approve of it... to see and approve where its real money is about to go. Also, a conglomerate of companies tied into 1 exchange and 1 intracoin would be interesting.<p>add: company exchange can also hold bitcoins&#x2F;??coins for spending at other companies that accept cryptocoins. And sales can be received in cryptocoins. If that was the case all the time, fiat would only be needed to pay government taxes.
gizzlon超过 11 年前
&quot; <i>Abstract</i>:<p><pre><code> A P2P market place for Bitcoin would permit trading and price discovery even in the absence of cooperation from the legacy payment infrastructure. Orders get signed and published through the network and matched by each node. A buyer sends a Ripple like payment to the seller who sends Bitcoins as part of one single transaction. The system requires trust in friends, but no further.&quot;</code></pre>
dobbsbob超过 11 年前
Best exchange is IRC #bitcoin-otc with the gnupg web of trust. It&#x27;s p2p, hard to shutdown, hard to fraud since logins don&#x27;t rely on flimsy passwords so you know you are not trading with an impersonator, escrow can be used and market decides what the price people are willing to exchange bitcoins for.
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Tenoke超过 11 年前
I like decentralization as much as the next guy but even with this type of a setup you often end up needing something central that can connect you to more users. This is also the case with ripples - it uses this system but in order for you to trade with others you don&#x27;t know or in order to cash out you need to trust an exchange which is trusted by others.<p>I&#x27;d be interested in seeing what happens but I&#x27;d be surprised if this manages to capture more than a portion of the otc trading market.
ama729超过 11 年前
I don&#x27;t know much about bitcoin, so can someone explain me what&#x27;s the point of having an exchange if there is no way of ... actually exchanging that money.
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DennisP超过 11 年前
Ripple and related efforts really should talk less about loans between personal friends, and more about the potential for business. Using ripple IOUs or bitcoin colored coins, a business can easily sell exchangeable vouchers for products as a way of getting financing. Instead of getting bank financing or selling equity, sell discounted vouchers to your existing repeat customer base.
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maaku超过 11 年前
There are other ways to do this which stay within the bitcoin protocol which keep pseudoanonymity and do not place all their security and do not place all their security in the unaudited Retroshare network:<p><a href="https://bitcointalk.org/index.php?topic=280292.0" rel="nofollow">https:&#x2F;&#x2F;bitcointalk.org&#x2F;index.php?topic=280292.0</a>