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From: Angel Leon <gubatron@gmail.com>
To: John Bailon <john@sci.ph>
Cc: Bitcoin Dev <bitcoin-dev@lists.linuxfoundation.org>
Subject: Re: [bitcoin-dev] Instant exchange rates URI scheme
Date: Tue, 15 Sep 2015 08:48:35 -0400	[thread overview]
Message-ID: <CADZB0_ZLAFUYSghfNi5t=cM1+Lv8dxdh-BaRAFNTt9AH30Z8-Q@mail.gmail.com> (raw)
In-Reply-To: <CA+Y+xvT6Qn0zNT4=vKgyQBwF4n3m+bRp=F7zq2CtwK+dQAmgzg@mail.gmail.com>

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might want to specify there that the rate being sent is out of USD.

http://twitter.com/gubatron

On Tue, Sep 15, 2015 at 7:10 AM, John Bailon via bitcoin-dev <
bitcoin-dev@lists.linuxfoundation.org> wrote:

> Hello,
>
> I'd like to propose a BIP for a standard URI scheme to allow wallet
> operators that implement instant exchange or pegging to other currencies,
> cryptocurrencies or asset classes to allow for interoperable communications
> of rates and other pertinent information.
>
> The idea is to include in the wallet address as parameters information
> that supplements the presentation of a proposed transaction.
>
> For example, a wallet operator that instantly exchanges bitcoin to gold
> would present a wallet address as follows:
>
> bitcoin:1JohnxNT6jRzhu3H1wgVFbSGKmHP4EUjUV?currency=xau&rate=0.2084&expires=1458432000
>
> Wherein:
> <currency> :  the currency, cryptocurrency or asset that the transaction
> will end up as encoded in ISO 4217 if applicable.
> <rate> : the bitcoin to <currency> rate as dictated by receiving wallet
> <expires> : unix timestamp of when the rate loses validity
>
> This would allow the sending wallet the ability to present up-to-date
> exchange rates. When, for example, a wallet operator that pegs to the USD
> scans the address above, it would be able to present to the user the
> following information:
>
> 1. USD to XAU rate
> 2. How much XAU will be received by the address
> 3. How long before the rates expires
>
>
> Thoughts?
>
>
> Regards,
> John
>
> _______________________________________________
> bitcoin-dev mailing list
> bitcoin-dev@lists.linuxfoundation.org
> https://lists.linuxfoundation.org/mailman/listinfo/bitcoin-dev
>
>

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  reply	other threads:[~2015-09-15 12:48 UTC|newest]

Thread overview: 5+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2015-09-15 11:10 [bitcoin-dev] Instant exchange rates URI scheme John Bailon
2015-09-15 12:48 ` Angel Leon [this message]
2015-09-15 12:56   ` John Bailon
2015-09-15 14:40 ` Thomas Kerin
2015-09-15 15:02   ` John Bailon

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