Pocket bank

Project Lead:

Rev22 (0 credits)

 

Bounty:

US $0.10(Sponsor Project)

Goal funding:

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The goal of this project is to create a peer-to-peer digital wallet able to manage the user's digital currencies according to the user's wishes.
 
Note: You can propose changes using the forum below.
The goal of this project is to create a peer-to-peer digital wallet able to manage the user's digital currencies according to the user's wishes.

The main innovation points of this software design compared to existing digital wallets:

* multiple currencies are transparently handled
* the user can favor the currencies they trust most
* currency conversions are transparently handled during payments
* the wallet value may increase as the software carries out currency exchanges for other peers (thanks to  conversion fees and sometimes favorable exchange rates)

Rationale:

In addition to Bitcoin, a number of digital currencies are arising, giving people a range of options regarding digital currencies.  However this should not result in more difficult transactions.  This project intends to ameliorate this, by providing a distributed network of digital money changers, operating transparently and at minimum cost on behalf of the user.

Required functionality:

* The program should be able to determine the current currency exchange rates from the peers
* The user should be able to adjust the exchange rates for the currencies
* The user should be able to reserve part of their digital currency reserves for other peers to carry out currency exchanges, with a configurable fee.
* The user should be able to easily pay to and request payments from other peers.
* The software should have a simple but possibly captivating web interface.
* The software should at minimum support Bitcoin and any other digital currency having an RPC-interface compatible with Bitcoin.

Change History:
[ACCEPTED] No subject by Rev22 on Sun, Apr 15, 2012 @ 06:03 EDT
Interesting project! by jjgignac on Sun, Apr 15, 2012 @ 09:15 EDT (1 reply)
[ACCEPTED] No subject by Rev22 on Sun, Apr 15, 2012 @ 10:27 EDT
[ACCEPTED] Improving wording and describing rationale by Rev22 on Sun, Apr 15, 2012 @ 14:17 EDT (1 reply)
Does what you want already exist? by jspark311 on Thu, Apr 25, 2013 @ 05:45 EDT (1 reply)
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