Who said that?

Can you please post a link to the discussion about it?


http://counterparty.io/news/counterparty-recreates-ethereums-smart-contract-platform-on-bitcoin/

I dont know about python, but if anybody else does, the same porting could be done. Very cool idea by the way!

Now, another approach is to simply make a gateway to counterparty or etherium. There is no need to directly implement everything

James

hmm I have a question if thats alright.

I send Unity from BTer to my NXT wallet, but it hasn't arrived it seems.
new wallet install and the wallet is fully synced.

any tips?

fixed, nm 

I will separate out the trade clearing from the trading itself.
Similar to when you click on "Send", once it is sent to the network (barring rare events), it is just a matter of time to get onto the blockchain. But the funds have already been send the moment you click.

Does that make sense?

So, with InstantDEX, regardless of how long till the next block the two people trading with each other (directly) will both have broadcast their half of the tx to the network. Just a matter of time before it hits the blockchain.

Now, there will be a variety of ways to finalize the trade. Could be via NXT AE using MGW assets, could be direct wallet to wallet overlapped micropayment channels. That is totally decentralized and for any bitcoin fork that supports multisig. There are also ways of finalizing the trade via telepods and the upcoming ATOMIC.

James

P.S. Not sure if you understand that there are things like mgwBTC asset, which is 100% backed by multisig protected BTC,

actually, they can spend it instantly, if they use the InstantDex again. Chained transactions will not be a problem (iirc)

not sure about this
while it might be possible, it becomes quite dangerous.
with bitcoins, you can stack up a bunch of tx that each link to each other and it should all resolve properly. With NXT, the other nodes wont accept the tx if you didnt have enough to cover it prior to the current block

so, no one size fits all solution

James

pushed new version that supports gathering prices into databases and also retrieving this data. bter, poloniex, bittrex, NXT AE and even mintpal is supported.

curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"getquotes\",\"exchange\":\"bter\",\"base\":\"NXT\",\"rel\":\"BTC\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/

curl -k --data-binary '{"jsonrpc": "1.0", "id":"curltest", "method": "SuperNET", "params": ["{\"requestType\":\"pricedb\",\"exchange\":\"nxtae\",\"base\":\"BTC\",\"rel\":\"NXT\"}"]  }' -H 'content-type: text/plain;' https://127.0.0.1:7777/

Now each user can gather data for the crypto they are interested in and this creates the reference prices to overlay on the InstantDEX orderbook. took a bit longer than I had hoped to get it stabilized as I had to serialize all accesses and avoid deadlocks. systems stuff is quite tricky and feels like not much progress, but now at 2% CPU usage, it is able to handle all the packets and gather price data

James

You are looking at the future bro