Re: Pascal Coin: P2P cryptocurrency without need of historical operations
how send coin at exchange?
Exchange must provide a public key (like, for example, 3GhhbovFXcR3Wri8CE6Z4n6RRx8XGVTrzCBRgBQuYeBhSJftvcF5RahahLuu94fhuNFvGkpVrxR3sW5 q52jeAxcpRPL4zmeQR4o4BZ ). (Public keys can be generated by the wallet using JSON-RPC methods)
Then user must change account owner of one of his accounts by inserting Exchange public key
After that, exchange will have 1 account assigned to this public key (with it's coin balance), and user can send more coins simply sending coins to this account number.
It's easy... because when you work with accounts it's like when you work with a traditional bank.
Example:
- User has a free account 182610-61 (with balance of 100 PASC)
- User executes a "Transfer account to a new owner" operation, inserting exchange public key 3GhhbovFXcR3Wri8CE6Z4n6RRx8XGVTrzCBRgBQuYeBhSJftvcF5RahahLuu94fhuNFvGkpVrxR3sW5 q52jeAxcpRPL4zmeQR4o4BZ
- Exchange will receive account 182610-61 and also 100 coins.
- If user wants to send more coins to the exchange, just send coins to account 182610-61
Also, if user changes other accounts owner to Exchange's public key, Exchange will have more than 1 account associated to this user... introducing the possibility to trade accounts too.
Too complicated all
, need videotutorial this exchange is rare....., I do not see that I'm getting anywhere provide a public keyHe explained how a traditional exchange like Bittrex or Polo etc might go about integrating PASCAL to their pipeline. So don't get confused by that post as it has nothing to do with how the current and only exchange -bitsquare- operates.
Bitsquare software only handles the base currency BTC acting as an automated escrow, Pascal coins are never in the bitsquare ecosystem - you send or receive to the buyer/seller directly to their wallets. I see no difference from openbazaar honestly, Apart from the traditional looking charts and books.
Too complicated all , need videotutorial this exchange is rare....., I do not see that I'm getting anywhere provide a public key
, need videotutorial this exchange is rare....., I do not see that I'm getting anywhere provide a public keyBitsquare is rare? Or PascalCoin is rare? Or both?
Edited: Both. But amazing!
what we have a here is a rethinking of the digital currency exchange mechanics not some latest hype cloned anon app dapp zero this fluff ... Takes connected people to get the word out though AND exchange operators willing to step out of their comfort zones with their backend instead of being clones of each other too, just with different GUIs.