Quote from: _majc on February 28, 2014, 10:57:45 AM

How does it work?

e.g. I'm a Ukrainian on the street with a Nokia 3210...
Now what?

sure, here's how it works:

Code:

YOU: join as bob
APP: Signup as bob? Confirm by texting back cjm525
YOU: cjm525
APP: Your account has been confirmed

* someone with btc goes to app/API and generates BTC address for your alias
* they send 100 satoshi to that address

APP: You received 100
YOU: send fred 50
APP: Transfer 50 to fred? Confirm uvi278
YOU: uvi278
APP: Your payment has been confirmed and is being processed
APP: You sent 50 to fred

(fred also gets:)
APP: You received 50 from bob

Which reminds me, I need also help translating those messages.