I need to make a way for you to programmatically get new generated bitcoin addresses. Either that or you could have them send to your IP address, but then you have to rely on them to put the order number in the comment.
I’d also need at least the command line tools to check if coins have
been received and to send coins. It would require some way to
communicate with the Bitcoin process running in the background. I
don’t know how that should be done, maybe with something RPC related.
It would also be great if the background process was non-graphical -
the VPS on the current service level doesn’t have enough memory to run
the X Windowing environment, unless I come up with some ways to free
memory.
Are you going to manually review and enter orders, at least to begin with? I sure would.
Yes, at least to begin with, when the customer sells bc’s and receives
dollars. I wouldn’t give a script the access to my dollar reserves so
lightly. The other way around (customer’s dollars -> bitcoins) it
doesn’t feel that insecure, and it’s certainly nicer for the customer
to receive his bitcoins immediately.
mmalmi@cc.hut.fi wrote:
I have registered the domain name bitcoinexchange.com and will
start coding the service sometime soon as a nice leisure activity.
I’m envisioning a simple Google-like interface with no registration
and only two texts fields on the front page, where you insert the
amount of money you wish to trade, and either your PayPal address
to buy dollars or bitcoin address to buy bitcoins. On the next page
you’ll get a new bitcoin address for sending the coins or a check
code for the PayPal transaction text.PayPal is good for the beginning - it’s simple and has no startup
costs, but later on I might accept credit cards also.Do you still need the maintenance account? It’s ok if you do, but
change the password to something else.
Source: Published by Martti Malmi on GitHub in February 2024 as part of his testimony in the COPA v. Wright trial. The full correspondence archive is available at mmalmi.github.io/satoshi/.