Re: quantum payments demo

very good. trezor == http://satoshilabs.com/trezor/ ?

-Brent Shambaugh

Website: bshambaugh.org

On Fri, Jun 3, 2016 at 1:48 PM, Melvin Carvalho <melvincarvalho@gmail.com>
wrote:

> I've put together a little demo on the system im working on, called
> "quantum payments".  It's a layer that sits on top of generic ledger and
> payment technology (webcredits) and provides additional functions.
>
> You can try it here (webid required)
>
> https://testcoin.org/
>
> Features
> - Secure decentralized login
> - Balance
> - Deposit via testnet
> - Off block transactions
> - Withdrawal requests
> - HTTP 402 for content
> - A media server that can accept new content
> - Linked data compatibility
> - Hierarchical Deterministic wallets used to securely generate addresses
>
> A quick, more technical, explanation: A master key is generated via a
> trezor. The public key is public on the server. That is used to generate
> one address per webid. When money comes in, it is checked against the
> testnet block explorer, and when it is in the block, you can move it to
> your off block balance. Your balance can be used to do things like view
> content. I also built a faucet for people with no testnet coins. Payments
> can then all happen off block until you want to withdraw. Withdrawals are
> done via cold storage and the trezor, right now a withdrawal request is
> simply routed to the owner of the public key. But this will evolve over
> time.
>