Decentralized Exchange (BTC/BURST/QORA)
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Bitcoin BIP65 is active since 8.12.2015.
Means, atomic cross chain transfers between BTC and blockchains implementing AT are technical possible.
CIYAM has offered help implementing it. The BTC part is 'explained' here EDIT: and here.For all who didn't know ... the world first atomic cross chain transfer between BURST and QORA was done early this year.
And a big part of crypto world didn't even notice that.I suggest, there should be a Decentralized Exchange application that detects BTC and optional running QORA and BURST wallets ... and enables available trade-pairs. A enabled trade-pair should behave comparable with the BURST asset exchange. That would be a awesome solution!
The BURST (and QORA) community should collect a Bounty e.g. via crowdfunding ... to reward such a Application.
Notice:
No BURST wallet update is needed, a Decentralized Exchange application would just use BURST-API.
Thats why i suggest that, and not a 'in-wallet' solution.
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I'd definitely support a distributed exchange, and help crowdfund it.
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I would be on board as well.
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This should be the #1 priority for the BURST and QORA projects. On blockchain decentralized trading between BTC, Burst, and Qora would be amazing and would bring a lot of attention to these coins.
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I believe it would aswell. Would get the price up a little aswell. It's a great idea. For the asset I posted. I plan on paying out in burst with an option for btc later on. I think it's a great idea and makes the coin more versatile.
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Thanks, @DooMAD for the hint:
https://bitcointalk.org/index.php?topic=731923.msg13402994#msg13402994Seams CIYAM is making progress, but could need help ... the BTC part seams not to be that easy ...
https://bitcointalk.org/index.php?topic=1300723.0
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Wonder what all could be done with this. Emm. Ideas are veerywhere.
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I'm in for a Crowdfund. CYAM doesn't want any donations, but we can collect for someone who codes a in-wallet-solution.
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CIYAM is now busy working on a decentralised crypto to crypto exchange.
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It will allow people to trade QORA/BURST with BTC/LTC without the need for any centralised exchange.read more:
https://bitcointalk.org/index.php?topic=1316199.msg13457031#msg13457031
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I'll throw in on the CF, and I can do other things too, but currently I'm extremely low on time. :/
0http://www.crowetic.com - Crowetic Computers, LLC. Owner.
http://chat.burst-team.us - come chat with us @ Burst
http://forum.burstcoin.info/ - New BURST forums.
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QORA announced that Word First Decentral Exchange between BTC and ALTcoin could happen within days/ weeks ...
https://bitcointalk.org/index.php?topic=1358722.msg14319669#msg14319669Means, decentralized BTC<->QORA<->BURST exchanges should be possible.
Meanwhile BURST community has crowdfunded 3,8Mil BURST for vcbs, to hopefully enable direct BTC<->BURST exchanges.