W3C home > Mailing lists > Public > public-webpayments@w3.org > December 2014

Re: Zero Click Bitcoin Micropayments using HTTP 402

From: Mark Leck <markpleck@gmail.com>
Date: Mon, 22 Dec 2014 17:14:58 +0000
Message-ID: <CAM5HRAgu5zg4qUO7d9JcmNSbgyfc+LffoQOMm7m_PPckro3NBQ@mail.gmail.com>
To: Steven rowat <sn0281@uniserve.com>
Cc: Web Payments CG <public-webpayments@w3.org>
Broadcasting to the network is instant. So you can safely say that the
funds are in the bank. Well in the wallet. There is more chance of a Visa
going out of business than that BTC transaction not arriving.
On 22 Dec 2014 16:59, "Steven rowat" <sn0281@uniserve.com> wrote:

> On 2014-12-20, at 7:36 AM, Anders Rundgren <anders.rundgren.net@gmail.com>
> wrote:
>
> > On 2014-12-20 15:36, Melvin Carvalho wrote:
> >> http://challengepost.com/software/zero-click-bitcoin-micropayments
> >
> > Hi Melvin,
> > You mentioned the HTTP 402 thing before and I didn't got it.
> > Now I do, but this solution is really a service dealing with HTTP 402.
> >
> > They didn't provide much details on how it works but I guess that's
> obvious for you bitconiers :-)
> > The question is if their protocol would stand a security review, my
> guess is that it would not.
>
> Looks so beautiful and simple. There must be a problem -- security,
> browser buy-in, wait times for bitcoin confirmation. If not, I'm ready to
> start using it anytime. :-)
>
> Here's a discussion by bitcoin people of this idea from two years ago,
> including some detail about all those issues, especially security. It's not
> exhaustive but for me at least it was good background.
>
> https://bitcointalk.org/index.php?topic=3895.0
>
>
> Steven Rowat
>
>
>
>
>
Received on Monday, 22 December 2014 17:15:26 UTC

This archive was generated by hypermail 2.4.0 : Friday, 17 January 2020 19:07:37 UTC