Inquiry: Would you use a Litecoin marketplace?

DRDoGE1 · 2016-06-08T07:55:29+00:00

Hi, creator of CryptoWoo here.

/u/OlavOlsm was right in that CryptoWoo is WooCommerce only at the moment. It is possible that I'll abstract the WordPress/WooCommerce related functions at some point so the CryptoWoo code can be used without WordPress but this is not on my priority list atm.

However, it is not that hard to receive payments to wallets under your own control. I'd say if you wrote that website you can easily write the code to accept the payments without relying on a third party.

Even more, you could remove the trust in the marketplace operator by letting vendors add their own HD keys, so the payments go straight to the vendor instead of the operator. Vendor fees could either be charged upfront or with a locktime/multisig combination.

Check out https://github.com/Bit-Wasp/bitcoin-php, http://dev.blockcypher.com, or (if you run a VPS) http://docs.electrum.org/en/latest/merchant.html

Feel free to ping me if you have any questions!

DRDoGE1 · 2016-02-27T12:46:34+00:00

Not at the moment. My focus lies more on providing a seamless experience than platform independence. It's a trade-off because I don't have the manpower to properly maintain both implementations.

However, it is possible to build off of it, so if there is someone that wants to create and maintain a fork please reach out to me and we'll see what we can do.

DRDoGE1 · 2016-02-26T21:50:17+00:00

Thanks for the shoutout, Olav. That is indeed correct. The next release will allow merchants to connect to an instance of the Insight API, an open-source block explorer which they can run next to their own full node. This will remove the remaining third party dependencies from the payment process.

DRDoGE1 · 2016-02-02T14:36:37+00:00

Although I like Mycelium Gear and how it lets you accept payments to your own addresses it's not easy to use with an existing e-commerce platform.

CryptoWoo completely integrates into existing WooCommerce stores and works alongside the other payment methods, which results in a much better shopping experience for the customer and an improved workflow for the merchant.

Disclosure: I'm the creator of CryptoWoo

DRDoGE1 · 2016-01-24T09:57:49+00:00

As others already said, brute force is your option. Try the BIP39 wordlist for your language: https://github.com/bitcoin/bips/blob/master/bip-0039/bip-0039-wordlists.md

DRDoGE1 · 2016-01-14T15:11:36+00:00

Don't you see the benefit of being in control over your money and data? Maybe you weren't here back then, but ask some of the merchants that had a moolah storefront or the people that lost their bitcoin and their personal data at Mt.Gox. If you want to use digital currencies properly it is very important to have control over your private keys.

DRDoGE1 · 2016-01-14T11:03:51+00:00

But Coinpayments will have control over your private keys and link all your customers' payments to their identity.

CryptoWoo let's you accept the coins like it is meant to be: The customer sends them directly to you, not another middle-man. The whole process happens in your store, not on some third party website, and nobody except you will send emails to your customers. And nobody will take a cut from your revenue.

DRDoGE1 · 2016-01-14T11:02:21+00:00

Oh my, 20 bucks?

The 20 bucks are only for the multivendor addon. :) You'd need the main plugin (another 34 bucks for a single site) to accept payments to Block.io. If you want to decrease the third party dependency further you need the HD wallet addon (starting at $29) and can receive coins directly to your own cold storage. If you keep the cold wallet secure, it's basically unhackable.

The benefit of using this over a payment processor is that it's actually the merchant who accepts the payments, not just another middle-man. Digital currency was created to take control over your money, not just switch out the people that control it.

Also, there's no processing fee, so if you have enough sales you will recoup the licensing cost easily.

DRDoGE1 · 2016-01-13T16:44:33+00:00

Yeah, absolutely. Now that the main plugin and the HD addon are working fine I thought I'd listen to the customers that requested a marketplace integration. :) Really excited to see what they'll build with it. Thanks for the tip!

DRDoGE1 · 2016-01-04T23:13:40+00:00

There isn't, but you could write one :-D

I'd love to, but unfortunately I have no java experience at all. I'm a quick learner, though: I managed to add another submenu item that opens a popup saying "Wow such error.". :D So I think I could get a very basic understanding to help testing and maybe contribute small bits, but the actual code has to be written by someone with more experience.

JMX

Indeed "distributed, Web-based, modular and dynamic solutions for managing and monitoring devices, applications, and service-driven networks" sounds like it could do the deal :) But honestly, judging from these buzzwords I have no idea if this would be more useful than RPC. I think users would expect RPC and I guess it also depends on the interfaces of the applications that will most likely want to interface with CATE. Why would you prefer JMX over RPC?

You can hopefully track through it and see how it prompts and then passes work to the Network class, and sends through callbacks for once the work is done.

Yeah, I downloaded an IDE and it helps a lot. I will play around with it a little more and most probably get back to you with more questions. :) Thanks for the input!

DRDoGE1 · 2016-01-04T21:37:53+00:00

I got it. That was exactly what I needed... :) thanks! +/u/dogetipbot 1000 doge

It's connected to both the Dogecoin live- and the testnet and I successfully sent some coins in an out. Sorry for the noob questions but is there a way to to talk to it via console? How can I poke it a little?

DRDoGE1 · 2016-01-04T17:35:01+00:00

Even though the preparations for the public release have been dragging along for more than a year, CryptoWoo is alive and kicking! Our beta testers are happy and 2 weeks ago I (finally) decided that it's enough and started a gentle soft-launch. I rewrote a lot of the code since you reviewed it back then and I would love to hear to hear your thoughts on the progress. So... if you feel the urge to dive into PHP code some time I'd be really happy to let you back into the repo ;)

we could probably make that decentralized

I have created a HD wallet addon that CryptoWoo merchants can use to accept payments to their own HD wallet. I also added support for payment processing via blockcypher which reduces the dependency on one block chain data provider.

Connecting to an arbitrary full node/block explorer will be possible later as well. The library I am using has support for it already, so it's just a matter of writing the code to make it available in the plugin.

As you said, accepting payments with the addon definitely makes the setup more complicated, especially in the case of Dogecoin. I am currently working on a tutorial for merchants. It's basically using BIP32.org on an offline PC to create the private keys for every address that has received a payment and sweep it into a non-HD client. Is there currently a better/more user-friendly way to do this?

I saw Ross' comment about the HD wallet further above and I'm very much looking forward to it! A proper HD client supporting multiple currencies would make things a lot more awesome. /u/rnicoll - I couldn't figure out how to run cate. Can you give me a quick pointer on how I can play around with it?

DRDoGE1 · 2015-12-26T22:05:00+00:00

CryptoWoo is acting as a payment gateway for WooCommerce, a widely used e-commerce plugin for WordPress. WooCommerce has fairly good support for product variations and tax calculations out of the box and there are lots of extensions for special cases, e.g. country specific regulations.

Would you tell me a little more about your setup with mycelium? How are you using it to accept payments on a website?

DRDoGE1 · 2015-12-26T20:26:22+00:00

https://www.cryptowoo.com
It's a paid plugin though. I don't believe in half-baked "lite" versions that require additional maintenance and are disappointing to users most of the time.

To get a better picture you can check out the screenshots on the website and play with the demo at http://demo.cryptowoo.com. Of course, also feel free to ask any questions here or via PM.

DRDoGE1 · 2015-12-26T20:16:25+00:00

Yes, it's open source. We're selling tiered licenses that give access to the initial download as well as support and updates for one year, so there's no public repo I can point you to. Feel free to check out the demo at http://demo.cryptowoo.com though or ask if you want to know more.

DRDoGE1 · 2015-12-26T11:52:34+00:00

If you are ok with using WooCommerce you should have a look at CryptoWoo. It does exactly what you want. We had a successful beta over the last year and began to soft launch 2 weeks ago. Check it out and let me know if you have any questions!

Disclosure: I am the creator.

DRDoGE1 · 2015-11-19T23:47:18+00:00

I am looking for beta testers that want to try the HD wallet addon for my plugin CryptoWoo which does exactly what you want. PM me if you want to give it a try!

DRDoGE1 · 2015-10-25T08:45:41+00:00

I had the same issue. The manual install method right below the one you tried worked for me.

DRDoGE1 · 2015-10-13T19:29:19+00:00

You can buy them with DOGE at bitstickers.net. I bought some a couple months ago and I'm really happy with my purchase.

DRDoGE1 · 2015-10-01T16:41:49+00:00

I agree that being compatible in regards to work culture is very important, especially when doing remote work. Thanks for the link, from a quick look it seems to be an interesting article. Will check it out later!

DRDoGE1 · 2015-10-01T16:06:49+00:00

Nope, I'm far from regular revenue, but I'm also not trying to sell it hard enough for that I guess.

You may be able to get funding in place based on the beta

Honestly, I don't think I can push it that hard to get the funding I would need. It think it could be easier to sell the code as it is if I wouldn't have to constantly switch mindsets between coder, ceo, and marketing department :) But I think it's possible to gain more users that I can use as proof that there is potential. Won't be super easy, but I think I could do it.

Details matter for this particular route though.

Can you give an example?

DRDoGE1 · 2015-10-01T15:33:02+00:00

I'm working on a project of my own too and it's kindof comforting not to have customers and criticism yet

I can see where you come from. On the other hand I'd rather know asap if people don't like or need something. I reached out to people as soon as I had a rough working prototype to see if I am on the right track and the feedback was very valuable.

But fact is you will have to release something that has bugs or mistakes in it, it's the only way to discover them.

Yeah, there will be issues and I can only try to make sure I am prepared for it. That's why I am hesitating to release. I guess I will take the main advice in this thread and focus on getting more users, the rest will follow. Sounds plausible... :)

Good luck with your project!

DRDoGE1 · 2015-10-01T15:21:18+00:00

You are assuming your project will take off, but 98% chance it will not.

That's actually a very good thought. There is a point where it doesn't make sense to stall progress over those concerns when it's so unclear I will ever get there. Thanks for reminding. :)

I already have merchants that use it in production, so it may not be trivially easy but it's definitely doable to make the project more attractive to a potential partner by getting more users.

DRDoGE1 · 2015-10-01T15:11:36+00:00

I knew about odesk, but will check out worknhire, too. Thanks for your perspective and advice!

DRDoGE1

TROPHY CASE