Live data from Hacker News

I built a Bitcoin app you may find useful

coingram.co

11–20 of 22 posts

Re: I built a Bitcoin app you may find useful

#15
Hmm, seems a bit similar to social transactions at https://greenaddress.it/

You can send from GreenAddress.it's wallets to anyone over Facebook, email, and Reddit (Twitter coming soon). Then they receive an encrypted private key which can be redeemed on GreenAddress.it, or other wallets.

Also you can receive funds by sharing a 'Receive' link.

GreenAddress.it is maybe not as polished for this particular use case, but I think might be worth checking out as well.

Re: I built a Bitcoin app you may find useful

#18
post #2

A few weeks ago, a friend and I had the idea to build an app to send and receive bitcoin over social networks. There have been many times in the past where we wanted to send bitcoin to people on Facebook or Twitter (to tip, or as a gift, or to pay back friends), but could never do it easily. The recipient has to set up a wallet, understand how it all works, and send me their address, among other things. The entire bi…

So, I assume you're storing the bitcoin in transit, right? What happens if I send bitcoin to someone and they don't claim it? Will you give it back to me, store it forever, or keep it for yourself? Are you ever converting it to fiat, or keeping it all in bitcoin?

If you're storing bitcoin, will it be stored in internet connected servers, or will you be using cold storage (and can you talk about what type of cold storage you're using)? and will you be acting as a fractional reserve or not?

What security precautions have you taken?

Post reply on HN