GoldCoin Talk

Economy => Service Discussion => Topic started by: Stouse49 on April 24, 2016, 01:00:49 AM

Title: BitSquare - Decentralized Bitcoin Exchange
Post by: Stouse49 on April 24, 2016, 01:00:49 AM
https://bitsquare.io/

Bitsquare is built for those who:

    Want to exchange a national currency such as dollars, euros, or yen for bitcoin.
    Want to exchange a wide range of alternative crypto currencies for bitcoin.
    Do not want to trust any exchange for holding your funds.
    Do not want to forfeit control or privacy to a central authority in order to trade with other individuals.
    Regard financial transactions as a form of private speech that should be protected from surveillance by banks, governments, and other institutions.

Bitsquare is designed to be:

    Decentralized – there is no single point of failure.
    Safe – Bitsquare never holds your funds.
    Instantly accessible – no need for approval from a central authority.
    Private -no one except trading partners exchange personally identifying data.
    Open – every aspect of the project is transparent.
    Easy – we take usability seriously.
Title: Re: BitSquare - Decentralized Bitcoin Exchange
Post by: Stouse49 on April 24, 2016, 01:01:18 AM
This looks interesting, I will check it out.  They are open to adding other coins to their software.
Title: Re: BitSquare - Decentralized Bitcoin Exchange
Post by: cryptosolar on April 30, 2016, 06:24:42 AM
If i am understanding this right , Bitsquare looks like the solving problem to our decentralized exchange problem to prevent people from losing their money on a exchange  8)
Title: Re: BitSquare - Decentralized Bitcoin Exchange
Post by: Stouse49 on May 02, 2016, 03:26:10 AM
Yes.

What is also interesting is that this exchange uses an SPV client.  It does not require the entire blockchain.  It uses multisig transactions.  It does require arbitrators, which you can "register" to be one.

I was considering to be an arbitrator, but it would require in some cases actual work to resolve disputes using skype or another similar software.
Title: Re: BitSquare - Decentralized Bitcoin Exchange
Post by: cryptosolar on May 02, 2016, 05:44:41 AM
Meetup #44 - Bitsquare, Proof-of-Understand­ing

June 7, 2016: Bitsquare presentation in Berlin

http://www.meetup.com/de-DE/Blockchain-Meetup-Berlin/events/230221859/?eventId=230221859

I will take this on my radar and maybe make a trip to Berlin  :)