Re: w3c payment processors

I'd be interested to know that if you hypothetically had USD$600k and the
opportunity to design and build out an open testing lab for say proto
web-payment processing and smart contract simulations would any of you be
interested in helping to specify what this might look like?

p.


On Thu, Mar 12, 2015 at 8:20 PM, Melvin Carvalho <melvincarvalho@gmail.com>
wrote:

>
>
> On 12 March 2015 at 12:56, Joseph Potvin <jpotvin@opman.ca> wrote:
>
>> <tangential comment>
>>
>> RE: "I also have some bitcoin "testnet" coins that could be used to test
>> settlement.  They are worthless coins but otherwise will all the same
>> properties of btc."
>>
>> Spotted at https://en.bitcoin.it/wiki/Testnet  "Testnet2 was just the
>> first testnet reset with a different genesis block, because people were
>> starting to trade testnet coins for real money."
>>
>> The difference between one and the other is, um...
>>
>> Here's a potentially useful benchmark for the "real" BTC:
>> http://www.numbeo.com/common/motivation_and_methodology.jsp
>>
>> ... more on this coming soon, at a very generic level, here:
>>
>> https://www.w3.org/Payments/IG/wiki/Use_Cases_Task_Force#Choosing_the_Attributes_of_Price
>> Drafting under way.
>>
>> </tangential comment>
>>
>
> Most people use testnet3
>
>
>>
>> Joseph Potvin
>>
>> On Thu, Mar 12, 2015 at 3:56 AM, Melvin Carvalho <
>> melvincarvalho@gmail.com> wrote:
>>
>>>
>>>
>>> On 12 March 2015 at 05:21, Manu Sporny <msporny@digitalbazaar.com>
>>> wrote:
>>>
>>>> To clarify a bit more...
>>>>
>>>> On 03/06/2015 04:19 PM, Melvin Carvalho wrote:
>>>> > I would like to implement a payment processor in line with the w3c
>>>> > payments spec
>>>>
>>>> Keep in mind that there is no such thing as a "W3C Payments Spec" right
>>>> now. I know you know that Melvin, but others on the list might get the
>>>> wrong idea.
>>>>
>>>> There are Web Payments /Community Group/ specifications, many of them
>>>> incomplete or in need of updating, but with implementations.
>>>>
>>>> There are no Web Payments /Interest Group/ or /Working Group/
>>>> specifications yet. We're working through the details now of use cases,
>>>> roadmap, and Web Payments Architecture (Payment Agent). Expect First
>>>> Public Working Drafts of those in the coming months.
>>>>
>>>> > I was wondering if anyone else is working on something similar
>>>> > because I'd like to test payments from one processor to another, and
>>>> > it doesnt seem clear how to do that right now.  Perhaps with some
>>>> > running code the problem would be easier to break down.
>>>>
>>>> There is currently no mechanism to do cross-payment processor clearing.
>>>> Payment Processors could use Ripple, centralized continuous clearing, or
>>>> some other blockchain-like mechanism to clear payments between each
>>>> other. Not having this spec'd right now is problematic, and we really do
>>>> need to sort out the details here.
>>>>
>>>> > Just trying to establish tentatively if anyone may be willing to help
>>>> > test in the short to medium term.
>>>>
>>>> +1, willing to test... but before we can do that, we need to settle on
>>>> the protocol (which is a non-trivial undertaking).
>>>>
>>>
>>> +1 to everything
>>>
>>> My hope was that through running code it might be easier to come to a
>>> consensus.
>>>
>>> Perhaps we could have a wiki page for people that would like to test,
>>> similar to :
>>>
>>> https://dvcs.w3.org/hg/ldpwg/raw-file/default/tests/reports/ldp.html
>>>
>>> I think we may need a clearing system like ripple or ACH
>>>
>>> I also have some bitcoin "testnet" coins that could be used to test
>>> settlement.  They are worthless coins but otherwise will all the same
>>> properties of btc.
>>>
>>>
>>>>
>>>> -- manu
>>>>
>>>> --
>>>> Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
>>>> Founder/CEO - Digital Bazaar, Inc.
>>>> blog: The Marathonic Dawn of Web Payments
>>>> http://manu.sporny.org/2014/dawn-of-web-payments/
>>>>
>>>>
>>>
>>
>>
>> --
>>
>>
>