Quote from: dacoinminster on August 07, 2013, 12:16:43 AM

I'm going offline until tomorrow, but you guys have my sincere thanks.

Ripper and vokain, I didn't officially set up a bounty, but I would like tip these two guys (maybe 3 BTC each) once I start tapping Exodus Address funds September 1st. Do you approve?

bytemaster needs a tip for his insane persistence, and d'aniel for actually describing the attack that bytemaster felt must exist.

Yes!

Quote from: ripper234 on August 07, 2013, 05:44:42 AM

However, I would make it a priority, pending on a successful, tested implementation of multisig in a major client.
Until we have a clear, secure way to implement multisig without a chance of funds being lost, I'm ok with you guarding the funds, as long as it's clear the Foundation has to approve any significant expense (we can debate what 'significant' means ... as the project director / , you'll have a discretionary budget which you can spend without needing such approval).

I don't know if there should be a discretionary portion of a budget... personally I and everyone here I think would like to know what the fund was entirely used for transparently. I'd typically be very lax in approving such discretionary spending, but I'd like to know what it was for is all. Separate discussion platform for this would be nice.

Quote from: bytemaster on August 06, 2013, 11:21:43 PM

Quote from: d'aniel on August 06, 2013, 11:20:28 PM

Quote from: bytemaster on August 06, 2013, 11:14:15 PM

I didn't think MasterCoin supported short sales...

It doesn't matter if it's built into the system. I can still borrow the coins outside the system from anybody willing to lend them to me, and then immediately sell them. That's all a short sale is.

Right, but no one shorts BTC because no one lends BTC (at least not in quantity).

bitfinex has shorting available. around 6000 BTC available to borrow, as of today, starting at 0.04%/day to 0.2% per day, depending on how much is borrowed. The only thing you have to trust is the system, no need to trust the borrower or lender. You can only sell on that exchange or route the sell through Bitstamp however. The mechanics in how they accomplished lending is pretty neat and simple, and worth checking out.