Post
Topic
Board Bitcoin Discussion
Re: Colored Coins and Coinprism takes Bitcoin to a whole new level
by
Peter R
on 15/05/2014, 15:41:55 UTC
Is there anyway to track colorcoin transactions via Bitcoind?

For example if you want to setup a bitcoind wallet to handle only a specific coin color asset?

Bitcoind is not "color aware" but I suppose an add-on could be written to do exactly what you suggested.  The website, http://coloredcoins.org, has a list of the current wallet projects, although I'm not sure if the list is exhaustive. 

At the moment, only coinprism is compatible with open assets. We plan to make a tool that act as a layer on top of bitcoind, that can let you use colored coins without having to use a third party.

Awesome!

Coinprism, if you don't mind me asking, what is your team's business plan?  Obviously, www.coinprism.com was a lot of work and now all bitcoin users can use it for free (not that I'm complaining!).  Is this just something you guys are doing to help bitcoin and because you are interested, or is there some smart way to monetize related services somehow?