Re: [bitcoin-dev] BIP Proposal: Crypto Open Exchange Protocol (COX)

2017-12-21 Thread Sjors Provoost via bitcoin-dev
Just to clarify two points: > The good part is that it does not have to be adopted by exchanges. If popular > exchanges do not adopt it, it is trivial to make an adapter service which > translate COX to whatever proprietary API of the exchange. Be sure to elaborate on the difference in trust

Re: [bitcoin-dev] BIP Proposal: Crypto Open Exchange Protocol (COX)

2017-12-21 Thread Nicolas Dorier via bitcoin-dev
Thanks a lot for the feedback > I think this could be quite useful, although I don’t know if it will get adopted. The good part is that it does not have to be adopted by exchanges. If popular exchanges do not adopt it, it is trivial to make an adapter service which translate COX to whatever

Re: [bitcoin-dev] BIP Proposal: Crypto Open Exchange Protocol (COX)

2017-12-20 Thread Sjors Provoost via bitcoin-dev
I think this could be quite useful, although I don’t know if it will get adopted. If any such small local exchanges want to weigh in on this proposal, that would help. Same goes for shopping cart integrators, e.g. the folks writing WooCommerce and Shopify plugins. Consider adding some

Re: [bitcoin-dev] BIP Proposal: Crypto Open Exchange Protocol (COX)

2017-12-20 Thread Dan Libby via bitcoin-dev
currencyCode and cryptoCurrencyCode seem to assume that merchants will always want to sell for fiat. But a merchant might want to sell for another cryptocurrency instead. Why not make it more generic, like buySymbol and sellSymbol? > "currencyCode" : "CAD", >

[bitcoin-dev] BIP Proposal: Crypto Open Exchange Protocol (COX)

2017-12-19 Thread Nicolas Dorier via bitcoin-dev
Hi everyone, As some of you know, I am working on a complete open source replacement of Bitpay for allowing merchant to accept cryptocurrency payments while having a way to sell automatically. A crucial, missing part, is fiat conversion. And I figured out a simple protocol that exchanges (or