Re: [Bitcoin-development] Implementing trading across chains

[Petr Praus <petr@praus.net>]

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Ah, I missed this, thanks.


On 13 February 2013 15:49, Jorge Timón <jtimonmv@gmail.com> wrote:

> Well, if it's even possible to trade across "chains" with Ripple (and
> I don't know of any reason shouldn't be), you will have to wait to the
> release of the full node (validator) code, for now only a javascript
> web client is open sourced. But it seems they at least have plans for
> contracts judging from the wiki:
>
> https://ripple.com/wiki/Contracts
>
>
> On 2/13/13, Petr Praus <petr@praus.net> wrote:
> > Jorge, thanks for bitcoinx tip, I didn't know about it and it's certainly
> > related. I'll have a closer look
> > Regarding Ripple, I tried it but as far as I can tell, it doesn't have
> any
> > contract enforcement (by technical means) built in.
> >
> >
> > On 11 February 2013 05:03, Jorge Timón <jtimonmv@gmail.com> wrote:
> >
> >> Hi, you may be interested in a couple of related projects.
> >>
> >> Colored coins uses satoshis to represent smart property, shares, IOUs
> >> of another currency...Colored coins can be atomically traded for
> >> bitcoin. If you implement the trade across chains contract they would
> >> also be tradeable for another chain currencies like namecoin or
> >> freicoin.
> >>
> >> http://www.bitcoinx.org/
> >>
> >> Ripple is a concept by which people that trust each other on a network
> >> are able to pay with IOUs transitively. It has a new p2p
> >> implementation  that is still on development. The new implementation
> >> is very similar to bitcoin in certain senses but it has no mining.
> >> Bitcoin IOUs can be traded there.
> >>
> >> https://ripple.com/
> >>
> >> Good luck with the implementation, this is a good feature to have,
> >> even if it's not on the main client.
> >>
> >>
> >> On 2/8/13, Petr Praus <petr@praus.net> wrote:
> >> > Hi,
> >> >
> >> > I intend to implement trading across chains in a P2P manner (as
> >> > described
> >> > by Mike Hearn in
> >> > https://en.bitcoin.it/wiki/Contracts#Example_5:_Trading_across_chains
> ).
> >> > Note, this is indended more as an alternative chain development, I
> >> > don't
> >> > have any plans for merging it back into main client (not because I
> >> > don't
> >> > want to, but because I think it wouldn't be accepted). Before I dive
> >> > into
> >> > it, I thought it might be a good idea to ask here if the community has
> >> any
> >> > useful ideas or comments on this topic?
> >> >
> >> > Thanks to Gary Rowe I know about Open
> >> > Transactions<https://github.com/FellowTraveler/Open-Transactions>.
> >> > They can do "multicurrency trading" too, but it's objectives are quite
> >> > ambitious and I'm looking at making relatively small changes in the
> >> > mainline Bitcoin client rather than diving into something entirely
> new.
> >> >
> >> > A little background on why am I doing this, can be found
> >> > here<
> https://groups.google.com/d/topic/bitcoinj/lmVSF8yaJHk/discussion>.
> >> > In short it's part of research towards my Master's thesis (more
> >> precisely,
> >> > an excuse to hack on Bitcoin and sell it as research :)) which should
> >> > be
> >> > about multicurrency (alternative chains) in Bitcoin.
> >> >
> >> > Thanks,
> >> > Petr
> >> >
> >> > PS: I hope I'm not too off topic here, but
> >> > this<https://bitcointalk.org/index.php?topic=15527.0> thread
> >> > indicates it should be fine to post alternative development questions
> >> > on
> >> > this.
> >> >
> >>
> >>
> >> --
> >> Jorge Timón
> >>
> >> http://freico.in/
> >> http://archive.ripple-project.org/
> >>
> >
>
>
> --
> Jorge Timón
>
> http://freico.in/
> http://archive.ripple-project.org/
>

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