Re: quantum payments demo

On 3 June 2016 at 19:57, Brent Shambaugh <brent.shambaugh@gmail.com> wrote:

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

Sorry, yes!  :)


>
> -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.
>>
>
>