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nadaviv
searching PlanetScale…
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211.
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by
nadaviv
13y ago
A tiny fraction of those who would oppose having their property shown on street view would be aware of it and take the time to do anything about it. So 250k people is quite a lot, and probably means a much larger percent of the population a
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Bitrated: You Can No Longer Say Bitcoin Has No Consumer Protection
(bitcoinmagazine.com)
2 points
by
nadaviv
13y ago
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0 comments
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nadaviv
13y ago
The arbitrator history and reputation should be taken into account by both parties before agreeing to use him.
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nadaviv
13y ago
Could the money really be considered the merchant's if PayPal can still come later and take it back?
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nadaviv
13y ago
It doesn't really fall under the definition of an escrow: a bond, deed, or other document kept in the custody of a third party and taking effect only when a specified condition has been fulfilled. [usually as modifie
216.
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by
nadaviv
13y ago
> Multisig offers the same basic function as an escrow: an independent third party signs off on the payment or the cancelling of it. Multisig allows the escrow to do _just_ that, and nothing else with the money (at least, not without the
217.
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nadaviv
13y ago
Hey, I'm the author of Bitrated. Yes, currently you're expected to pay the arbitrator separately. I'm still thinking how to go about it exactly, and might improve that in the future.
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nadaviv
13y ago
You can [1] create a transaction that destroys those coins (spends them on fees, sends them to a charity or really takes them out of circulation) at some time in the future (using nLockTime [2]) in such a way that it could be replaced with
219.
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by
nadaviv
13y ago
Yeah, you're right. I made some changes to the UI to remove some mentions of public/private keys (made that public/private field hidden by default and only shown after clicking "Display advanced options", hidden som
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nadaviv
13y ago
Because it's not an escrow. Take a look at https://www.bitrated.com/faq.html#is-this-an-escrow-
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nadaviv
13y ago
Huh! I actually started working on a system that does something very similar, which ended up being morphed into Bitrated after a few people convinced me that it wouldn't work. This idea has been brought up in the Bitcoin community from
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by
nadaviv
13y ago
Oops - that testnet link shouldn't be using SSL. Instead of serving he testnet version, it goes to the default ssl server which is the regular version... I can't edit the comment now, but here's the fixed link: http:/&#
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nadaviv
13y ago
I touched that point at https://news.ycombinator.com/item?id=6843655
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nadaviv
13y ago
This could be a cool idea, but Bitcoin currently artificially limits the total number of public keys to 3, but that limitation will probably be lifted at some point. Also, in the future, you won't really need hacks like that to make so
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nadaviv
13y ago
Thanks for the tip; I cleaned them up.
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nadaviv
13y ago
I'm working on that! See my other comment, https://news.ycombinator.com/item?id=6843655 Edit: Also, for now, I'm hoping that it'll take place off the website, possibly over Reddit (which have a pretty active
227.
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nadaviv
13y ago
Thanks, I fixed that.
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nadaviv
13y ago
Currently there are no fees at all, but I'm planning on charging fees for verified accounts and verified ratings when I finish building the rating system (its pretty much MVP at this stage). The terms of service you noted are somewhat
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nadaviv
13y ago
Thanks for the heads up, I fixed that.
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nadaviv
13y ago
> unfortunately many good domains are squatted This might be partially my fault - I also got bitrator.com and bitrater.com before settling on bitrated :)
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nadaviv
13y ago
Fixed, thanks.
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nadaviv
13y ago
Yeah, sorry about that - should be back up now.
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nadaviv
13y ago
Right now, I'm advising them [1] to simply publish their public key in other social profiles they own, but for some Bitcoin-related services (like bitcoin-otc) that have public keys attached to profiles, I'm planning on asking the
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nadaviv
13y ago
http://testnet.bitrated.com/security.html > The arbitration data is stored in the hash portion of the URL, which is not sent to the server during http requests and is only accessible to you and people you choose to share
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nadaviv
13y ago
Thanks. I fixed the typo, and I'll be working on some CSS for better typography in the content-heavy pages - they do look somewhat squashed.
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nadaviv
13y ago
Oh, oops, I was delaying that for the last moment and completely forgot about it! I'll set it up right now.
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nadaviv
13y ago
I had a lawyer working with me on that project, and he approved those texts. It is a bit of untested territory, so he might be wrong, be he's pretty confidence that this doesn't fall under an escrow.
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nadaviv
13y ago
Hey, I'm the creator. I'd love to hear any feedback/questions/suggestions you have, but specifically on the security model [1] I implemented, design/ux (my design skills are terrible, thank god for Bootstrap for mak
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Show HN: Bitrated – Bitcoin m-of-n arbitrated transactions
(bitrated.com)
155 points
by
nadaviv
13y ago
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72 comments
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nadaviv
13y ago
I also developed a similar project: https://www.btproof.com/ https://news.ycombinator.com/item?id=5790382 Recent changes to Bitcoin made the method I'm using to timestamp the data on the blockchain som
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