Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-03-02 Thread Troy Benjegerdes
I'm asking for how to DEVELOP THE CODE so I can trade between two block chains, and then I'm going to start trading cats and dogs and bits. Somewhere in trying to figure out the design spec we got caught up in existential concern about 'globally knowable and accurate price history', and I'm

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-03-02 Thread Jorge Timón
Again, the two best ways are here: https://en.bitcoin.it/wiki/Contracts#Example_5:_Trading_across_chains https://bitcointalk.org/index.php?topic=321228 But this is off-topic, Peter wasn't talking about cross-chain trade. On 3/2/14, Troy Benjegerdes ho...@hozed.org wrote: I'm asking for how to

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-03-01 Thread Troy Benjegerdes
You can make the same argument against Bitcoin itself you know... A Bitmessage-like network would be trivial to front-run via a sybil attack. It's the fundemental problem with marketplaces - the data they're trying to publish has to be public. I don't see the Bitcoin analogy...

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-03-01 Thread Jeff Garzik
This is not bitcoin-philosophy, it's bitcoin-development. Existential philosophy belongs on IRC or the forums. On Sat, Mar 1, 2014 at 1:28 PM, Mark Friedenbach m...@monetize.io wrote: Only if you view bitcoin as no more than a payment network. On Mar 1, 2014 10:24 AM, Jeff Garzik

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-03-01 Thread Mark Friedenbach
Only if you view bitcoin as no more than a payment network. On Mar 1, 2014 10:24 AM, Jeff Garzik jgar...@bitpay.com wrote: This is wandering far off-topic for this mailing list. On Sat, Mar 1, 2014 at 12:45 PM, Troy Benjegerdes ho...@hozed.org wrote: You can make the same argument against

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-28 Thread Jorge Timón
On 2/28/14, Peter Todd p...@petertodd.org wrote: As usual, you don't need a hardfork. Anyway, one-sided trade is sufficient to get a functioning marketplace up and running and test out the many other issues with this stuff prior to forking anything. I'm totally FOR experimenting with this as

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-27 Thread Jorge Timón
First of all, sorry for the delayed answer. On 2/10/14, Peter Todd p...@petertodd.org wrote: Got this: [...] Thank you, I knew this wasn't new for us but I doubted we had written it anywhere. As said in those mails, being only able to offer AAA for BTC and not BTC for AAA nor AAA for BBB is

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-27 Thread Peter Todd
On Fri, Feb 28, 2014 at 12:48:33AM +0100, Jorge Timón wrote: First of all, sorry for the delayed answer. On 2/10/14, Peter Todd p...@petertodd.org wrote: Got this: [...] Thank you, I knew this wasn't new for us but I doubted we had written it anywhere. As said in those mails, being only

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-16 Thread Troy Benjegerdes
On Fri, Feb 14, 2014 at 12:21:59AM -0500, Peter Todd wrote: On Tue, Feb 11, 2014 at 11:59:19AM -0600, Troy Benjegerdes wrote: Is there any code that does this? I would like to develop a multicoin-qt wallet that runs on two blockchains from one binary, and allows trading using this mechanism

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-13 Thread Peter Todd
On Wed, Feb 12, 2014 at 08:34:48AM -0800, Dan Carter wrote: I'm not sure how well this would work. Sure it would provide honest historical pricing, but those who wait for publication confirmation may be at a disadvantage -- to get the best deal possible Bob would connect to as many nodes

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-12 Thread Dan Carter
I'm not sure how well this would work. Sure it would provide honest historical pricing, but those who wait for publication confirmation may be at a disadvantage -- to get the best deal possible Bob would connect to as many nodes as he could, examine the stream of unconfirmed asks coming in and

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-11 Thread Troy Benjegerdes
Is there any code that does this? I would like to develop a multicoin-qt wallet that runs on two blockchains from one binary, and allows trading using this mechanism between the two chains. On Mon, Feb 10, 2014 at 02:32:47PM -0500, Peter Todd wrote: On Sun, Feb 09, 2014 at 03:44:34PM -0500,

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-10 Thread Peter Todd
On Sun, Feb 09, 2014 at 03:44:34PM -0500, Peter Todd wrote: On Sun, Feb 09, 2014 at 01:04:58PM -0500, Peter Todd wrote: Alex Mizrahi recently outlined a mechanism(1) based on SIGHASH_SINGLE that allows colored coins and similar embedded consensus system assets to be securely transferred to

[Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-09 Thread Peter Todd
Alex Mizrahi recently outlined a mechanism(1) based on SIGHASH_SINGLE that allows colored coins and similar embedded consensus system assets to be securely transferred to another party in exchange for Bitcoins atomically. In summary his p2p 2-step-trade mechanism operates as follows: Alice

Re: [Bitcoin-development] Decentralized digital asset exchange with honest pricing and market depth

2014-02-09 Thread Peter Todd
On Sun, Feb 09, 2014 at 01:04:58PM -0500, Peter Todd wrote: Alex Mizrahi recently outlined a mechanism(1) based on SIGHASH_SINGLE that allows colored coins and similar embedded consensus system assets to be securely transferred to another party in exchange for Bitcoins atomically. In summary