PAYPTC PREVIEW VIDEO(ATM in Spanish, I will be release an english version soon)
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https://www.youtube.com/watch?v=SohpkalFQHgPlease comment and share it, I this that this gateway plattform will be one of the definitive momentum that PesetaCoin will receive!!
View it in Fullscreen HD to read all the details!!
Enjoy it!!
That looks.. quite impressive & streamlined.
One question though, it looks like everything is coordinated on one central web server that holds the private keys to the wallets. How is the security of the funds managed?
I noticed the system allows you to enter your own cold storage address. But i'm not sure whether the average merchant has enough knowledge to manage their own cold wallet. I would expect that the server handles such details for me.
First of all thanks and sorry for my limited english.
The funds are storaged in a pesetacoin RPC daemon that it haven't direct connection to the internet, but we are concern that anything is crackeable, for this reason the Online Wallet should be used only to have a small percent of your PTC.
As a merchant, download and install of a cold wallet will be mandatory to get payments, due that I don't want to store in the server large amounts of PTC, also I will add also email confirmation for withdrawals and buy limits (for instance, only process payments of less of $100).