Funding Needed for Novel Bitcoin Payment Service Project

I am currently looking for funding to help me finish my open-source project known as "Novel Bitcoin Payment Service". Funding needed is $3,000 or Bitcoin equivalent.

What is Novel Bitcoin Payment Service?
Novel Bitcoin Payment Service aims to be your very own Bitcoin payment service. Novel's output is a desktop app that has the following features:
- In-built Bitcoin Block Explorer
- Bitcoin Address Generator
- Bitcoin Smart Contract Generator (Inheritance Bitcoin Contract as a start)
- Send/receive Satoshis
- Send/receive messages using Bitcoin's built-in messaging system

What is the Project Status?
Novel's initial code is available on GitHub: https://github.com/ellenrapps/Novel-Bitcoin-Payment-Service-

I am a month or two away from releasing the Testnet4 version of the project. Few months after the release of the Testnet4 version, the Mainnet version will be released.

Why the need for $3,000/Bitcoin Equivalent Funding?
My financial state is dire. I am actively looking for software development work but still nothing pans out. I will continue looking for work though. Part of the $3,000/Bitcoin Equivalent will be used to buy a computer to test the code. The funding requirement is either a grant or loan. I would prepare to pay you back when I am back on feet financially. I tried for months to get funding for the project. To date, the project receives $0/Zero Satoshi.

Who am I?
I have been working as a software developer for nearly a decade. Some of my software programs are available to the public via Microsoft Store and GitHub.

The following are examples of my work:
Gabscriber: Real-Time Speech-To-Text Transcription App -> Available on Microsoft Store: https://apps.microsoft.com/detail/9nfd6cjf9xlc?hl=en-us&gl=US

BreakNow Alarm Clock App -> Available on Microsoft Store: https://apps.microsoft.com/detail/9pdxfxkkkxlq?hl=en-US&gl=US

RecordAudio App -> Available on Microsoft Store: https://apps.microsoft.com/detail/9mvvhxfhzp8x?hl=en-US&gl=US

Woobu Autonomous Drone -> https://github.com/ellenrapps/Woobu-Autonomous-Drone

Check my GitHub page for more details about my work and how to contact me: https://github.com/ellenrapps

Sincerely,
Ellen R.

May 2025 Update

Novel Bitcoin Payment Service Project Status: Reactivated/Ongoing

If you find this project beneficial to the Bitcoin Community, please support this project.

GitHub Link: https://github.com/ellenrapps/Novel-Bitcoin-Payment-Service-

Ellen Red
Project Lead/Lead Developer

Update:
In Development: Novel Bitcoin Payment Service Project 2.0

Novel Bitcoin Payment Service Project 1.0 (in its current form) is still discontinued.

Project Status: Discontinued

A project of this scale needs funding. Even after months of actively looking for grant funding, as this project earns no money, this project has received zero financial support.

This project in its current state will no longer be pursued or discontinued.

Thank you for your interest.

Ellen Red
Project Lead/Lead Developer

December 2024 Update

To fully implement the Novel Bitcoin Payment Service Project there is a need to scale up Bitcoin. 

The full implementation of the Bitcoin Protocol in a language that scales up Bitcoin has been added as one of the milestones for the Novel Bitcoin Payment Service Project.

If you find this project beneficial to the bitcoin community, please support this project.

Ellen Red
Project Lead/Lead Contributor

Original post is edited to show the detailed description of the Novel Bitcoin Payment Service Project.

This project is on hiatus due to lack of funding. I need to work on my day job, guys.

Looking forward to integrate an escrow system without third party using Bitcoin's in-built smart contract infrastructure on this Novel Bitcoin Payment Service.

_______________________________________________________________________________ __________________________________
This Bitcoin Payment Service is a work in progress. Support this endeavor via bitcoin donation:
3PBQZaxNh1U5pmKQ3zSboVfSedTJ5jYdBs
or
bc1p63fyummqja06a3gyvw6r4khw8puw02p7fxd5wyysmgnmsm47cz0sa363pj

Novel Bitcoin Payment Service GitHub link: https://github.com/ellenrapps/Novel-Bitcoin-Payment-Service-

Just updated the project's description with FAQ

Indeed, MKP has advantages. However, it has disadvantages as well. We'll weigh the pros and cons of MKP for this project.

Thank you for your reply and interest.

The reason why the GitHub file doesn't have an introduction on how to install the file is because I haven't yet released a "Package" as this project is still in its early stage. Once the first Package version will be released, a number of security measures will be introduced.

You did the right thing of digging into the code itself.

The upcoming Package release and the updates thereafter will self-destruct all users data. This service will have no memory of users' data.
 
Line 3 of the quoted code has this: show="*", which means that data is not revealed just like entering a password. As the service doesn't keep any user's data, the only way to send funds is to enter that data as the address alone isn't enough to release funds. Rest assured that this part will be secured further.

The aim is for users not to be dependent on this payment service alone.

Front-end Preview of Novel Bitcoin Payment System

Github link: https://github.com/ellenrapps/Novel-Bitcoin-Payment-Service-/blob/main/front_end.py

This Bitcoin Payment System is a work in progress. Support this endeavor through Github's Sponsor program or via bitcoin donation: 3BfxW1jEHK572XVG7NG62WM4By6fF8P8Yh or bc1p63fyummqja06a3gyvw6r4khw8puw02p7fxd5wyysmgnmsm47cz0sa363pj

Novel Bitcoin Payment System Github link: https://github.com/ellenrapps/Novel-Bitcoin-Payment-Service-

Bitcoin Payment Service aims to be your very own payment service -- attaining the goal of "Peer-to-Peer Electronic Cash System" as envisioned by Satoshi Nakamoto.

In Nakamoto's Bitcoin white paper, Peer-to-Peer Electronic Cash System is described as allowing "online payments to be sent directly from one party to another without going through a financial institution".

This payment service doesn't aim to be a financial institution. Rather, this payment service aims to be a means for ordinary folks to send bitcoin, whether as payment or donation, to one another, that is, without an intermediary financial institution.

Specifically, this payment service will allow ordinary folks to:

1. Create bitcoin addresses
2. Check bitcoin address balance using an in-built blockhain explorer
3. Receive bitcoin
4. Send bitcoin
5. Communicate regarding the received or sent satoshis within the Bitcoin blockchain

Unknown to many, Nakamoto built within the Bitcoin infrastracture a means for senders and receivers to communicate with each other. Nakamoto also built within the Bitcoin infrastracture smart contracts. These in-built communication system and smart contracts within the Bitcoin blockchain will be put into use in this novel Bitcoin Payment System.

This Bitcoin Payment System is a work in progress. Support this endeavor through Github's Sponsor program or via bitcoin donation: 3BfxW1jEHK572XVG7NG62WM4By6fF8P8Yh or bc1p63fyummqja06a3gyvw6r4khw8puw02p7fxd5wyysmgnmsm47cz0sa363pj

Github link: https://github.com/ellenrapps/Novel-Bitcoin-Payment-Service-