You can issue a bitcoin scrip that doesn't have verification delays, but doesn't have the no-trust & public auditability property of bitcoin. To mitigate the no

You can issue a bitcoin scrip that doesn't have verification delays, but doesn't have the no-trust & public auditability property of bitcoin. To mitigate the no trust problem, you can take the scrip from a voting pool of server-providers so one guy cant run away with your bitcoin with his online wallet. This is what open transactions & ripple aim to address partly: http://opentransactions.org/ http://opentransactions.org/ https://ripple.com/ https://ripple.com/