Crypto 360°

Monday, 12 October 2020

Sunday, 11 October 2020

Lending institution backed by BTC

Would something like this be possible?

What if I were to give a public address to a wallet to someone and a promise that I would leave a set amount of BTC in it for a certain amount of time in exchange for x bitcoin/ dollar / whatever down the road.

Because it's just a public address the person would never be able to take the coins, but the crowd sourced wallets could be collateral for some loan. That loan could be loaned to other people at absolutely no risk to the coin holders, but the coin holders would still be able to make some interest too.

submitted by /u/moneyhelpquestions
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Algorithm for starting to accept payments in BTC?

I'm a developer and run a full node of Bitcoin.

I have several shops where I plan to start accepting bitcoin payments. The volume I invision in the beginning would be rather small.

(1) What'd be a simple algorithm for how to get started with it?

Would I have to generate (N of shops * 100) addresses first? And then map each of 100 to a shop? And then at checkout give a user one of those addresses and then watch when the 1st confirmation arrives, by doing poll from my shop to my full node server, remotely, via RPC?

(2) Also, how would I actually properly create a wallet for this? I'll need that wallet to be watch-only.

(3) Would I be able to somehow connect my Electrum client-walltet to that bitcoin watch-only wallet so that I could how much of bitcoins there're in it?

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I don't consider third-party solutions such as BTC server or Electrum server. I use Electrum as a wallet only.

submitted by /u/artjuna_0900
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source https://www.reddit.com/r/btc/comments/j917ia/algorithm_for_starting_to_accept_payments_in_btc/

YearnGlobal

@globalyearn #YearnGlobal #Blockchain #cryptocurrency #YG

The project is implemented very professionally and has a clear development plan. Made by a very professional and experienced team. A potential project for the future.

submitted by /u/Good-Ad808
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source https://www.reddit.com/r/btc/comments/j90l0z/yearnglobal/