Re: [Group Buy] Avalon ASIC Batch 3 [CLOSED- Seven 4 module Avalons ordered]
Regarding point 3; Too complicated, error prone, slow, etc. Isn't this the reason we're developing the bitcoin economy? This sort of thing can be completely automated (for the admin end) in bitcoin. For each transfer of share, the seller uses his private key to sign a text block with the buyers bitcoin address and email, handle, whatever. The block is easily authenticated against the sellers address and the database of shareholders updated. When CH wants to run a dividend transaction, he uses a script to format the shareholder table into a bitcoin transcation and calculates the dividends. It doesn't need to be flash. I could write the form/updater script in PHP but there's probably more capable PHP or perl developers here that could do a better job than me, and deliver quickly.
Sam.
Some members have PMed me wanting to sell shares as of a few days ago. This is only a temporary solution.
I like your idea, there are a few ways we can go about it. I'm not a great programmer I will let it be known. I was just going to write a simple script. If you want to make something fancy then I would compensate you in some way, especially if you can add automatic payments of dividends. I know a couple of people PMed me about ideas like this, that said they could program it for us too, but I have a million PMs and can't find the messages. Does anyone have any other ideas of controlling ownership/paying dividends?
Sorry this whole thing is kind of disorganized. I was really expecting to only raise enough to buy one Avalon at first, but people kept PMing me wanting to join in with us. Otherwise, I would have worked these problems out sooner and had a plan from the get-go. At least we have a month to figure it out.
Thanks
