W3C home > Mailing lists > Public > public-webpayments@w3.org > June 2016

Re: quantum payments demo

From: Melvin Carvalho <melvincarvalho@gmail.com>
Date: Mon, 6 Jun 2016 16:11:16 +0200
Message-ID: <CAKaEYhKBjEfQ5NumC1Fudfp8-_hhBSKE2hCG4fLtq0i6+rdOWg@mail.gmail.com>
To: Erik Anderson <eanders@pobox.com>
Cc: Web Payments <public-webpayments@w3.org>
On 6 June 2016 at 14:58, Erik Anderson <eanders@pobox.com> wrote:

> > generic ledger
>
> What generic ledger are you using? Since you are using trezor and all of
> your wording is very Bitcoin like I assume you are using the Bitcoin
> Blockchain as the "generic ledger"?
>

I'm using webcredits for this:

http://webcredits.org/

It's a simple ledger powered by linked data

There's no dependency on block chains, but block chains can be layered on
top


>
> Erik Anderson
> Bloomberg
>
>
> On Fri, Jun 3, 2016, at 09:46 AM, Melvin Carvalho 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.
>
>
>
Received on Monday, 6 June 2016 14:11:44 UTC

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