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    Author Topic: [ANN][PRT] Particle | CPU/GPU, Fast, Easy Mine, * NO PREMINE * | Official Thread  (Read 354310 times)
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    chowdan
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    February 20, 2014, 04:53:39 PM
     #2821

    This is interesting concept for payment systems: https://www.coinkite.com/

    Thinking more on the idea moonmoon had for how AOL functioned with mail and the whole CD thing.....

    What would really drive people into particle would be mailing out free wallets on a USB style stick which the user can plug into their computers to use via USB(or something very common). The stores/companies that accept PRT could have a POS computer which is connected to the internet/PRT network that has a small screen which displays your payment QR code and has a USB style port so you pay directly from the wallet USB. You could have your own design for the USB plug part similar to how apple did with there USB based keyboards.

    coinkites method is a bit funky IMO because they are physically printing out the receipt. I dont see why you couldn't just store that data within the wallet on the USB stick which functions within the app store.

    Very interesting move for cryptocurrencies right now regardless. I think the third party companies such as coinkite working in collaboration with the dev team to craft such a product would be required as this would allow both security to come from both ends - the wallet/coin side and the app/payment/POS side,

    That would give not only confidence to the user base, but it would also put the weight of the security threats on both sides rather than one or the other. Its like saying the Fed Reserve and the Government take blame individually when actually it seems both are taking hits from the public.

    This would make the two a "higher" power which would drastically increase security across the board and who knows one dev team would be able to donate time to the other when needed and time is free

    I apologize for the garbled wording. My mind is everywhere right now:P

    Cant we use tech that's been around like prepaid credit cards since the infrastructure is already there attached to all POS systems. All we would be doing is modifying whats encoded on the magnetic strip.  I mean even if we use your idea with usb sticks the prepaid cards could be for people who don't want to use or carry around a USB stick. People already carry around CC daily a USB stick could be for more tech types and business types. thoughts?

    I was thinking about this idea as well(using credit cards). But i think USB sticks are a little more usable as the consumer would be able to plug into their computer and run the new(unreleased) wallet from there.

    THough thinking more on this idea i was going to say USB sticks allow users to see how many PRT they actually have when hooked up to a computer, however with credit cards, you aren't able to find out except by logging into your bank.

    One down side of the magenetic strip design would be potential theft of the strip data. Some people may have concerns over this?

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