January 28, 2021, 07:20:42 AM

Author Topic: BitSquare - Decentralized Bitcoin Exchange  (Read 2312 times)

0 Members and 1 Guest are viewing this topic.

Offline Stouse49

  • Gold Engineer
  • DevTeam
  • *****
  • Posts: 711
  • Karma: +66/-0
    • View Profile
BitSquare - Decentralized Bitcoin Exchange
« 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.
GLD: E1A6WogjpqU3KjjoRUD63f7kofrFozmyfg

Offline Stouse49

  • Gold Engineer
  • DevTeam
  • *****
  • Posts: 711
  • Karma: +66/-0
    • View Profile
Re: BitSquare - Decentralized Bitcoin Exchange
« Reply #1 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.
GLD: E1A6WogjpqU3KjjoRUD63f7kofrFozmyfg

Offline cryptosolar

  • DreamTeam
  • *****
  • Posts: 727
  • Karma: +38/-0
  • - Leading light -
    • View Profile
    • https://www.goldcoin.org/
Re: BitSquare - Decentralized Bitcoin Exchange
« Reply #2 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)
GLD - The Gold Standard of Digital Currency - (Goldcoin.org)
#Community First  (gldcoin.in) Goldcoin India Project -
www.goldcoinpool.com / 1% fee // GLD E9gjbbzCMErqQ4cKGGEzaPNJBSszChhGyX

Offline Stouse49

  • Gold Engineer
  • DevTeam
  • *****
  • Posts: 711
  • Karma: +66/-0
    • View Profile
Re: BitSquare - Decentralized Bitcoin Exchange
« Reply #3 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.
GLD: E1A6WogjpqU3KjjoRUD63f7kofrFozmyfg

Offline cryptosolar

  • DreamTeam
  • *****
  • Posts: 727
  • Karma: +38/-0
  • - Leading light -
    • View Profile
    • https://www.goldcoin.org/
Re: BitSquare - Decentralized Bitcoin Exchange
« Reply #4 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  :)

GLD - The Gold Standard of Digital Currency - (Goldcoin.org)
#Community First  (gldcoin.in) Goldcoin India Project -
www.goldcoinpool.com / 1% fee // GLD E9gjbbzCMErqQ4cKGGEzaPNJBSszChhGyX