Quote from: aaaxn on June 01, 2013, 05:54:47 AM

Quote from: LvM on May 31, 2013, 10:44:06 PM

aaaxn:
Please explain the transaction records you propose more detailed.

Do you agree to my proposal?

https://bitcointalk.org/index.php?topic=211835.msg2221423#msg2221423

A field for the used currency could be added
(see foreign currencies account https://bitcointalk.org/index.php?topic=211835.msg2328815#msg2328815).
A numbering is possible but not needed (due to the timestamp, which could be date+milliseconds).

Or where a distinctions?
Please do not forget. Each transaction has 2 sides: payer and receiver.

So we need for each transaction 2 records, one for the payer, one for the receiver.
The entries in the corresponding fields are just mirror-inverted.
The amounts could and should simply be: - (minus) for the payer, + (plus) for the receiver

aaaxn:

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Duplicate same data twice? Stupid.

Not duplicate, I called it mirror-inverted.
Payer and receiver have an account.
Both are changed by the payment differently. Right?

More about GAAP here:
http://en.wikipedia.org/wiki/Double-entry_bookkeeping_system
http://en.wikipedia.org/wiki/Generally_accepted_accounting_principles
http://en.wikipedia.org/wiki/International_Financial_Reporting_Standards
etc..

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Using timestamps in distributed network?

Yes. Same as in the present blocks. Where is the problem?

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Foreign currency account without any way to link them to real world accounts?

Yes. With a link to "normal" banks, of course. Would be just a nice additional feature.

Sorry. Seems I expected too much basic knowlegde of GAAP (Generally Accepted Accounting Principles)
More questions?