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E-commerce with feathercoin (wondering how it's supposed to work)
I was thinking about this some today. and i think i bought 1 thing ever with bit coin online just to try it out. its been long enough ago that i forget the details. So, I figured it was worth a forum post just to see what people have to say in response.
How would you expect feathercoin e-commerce to work? you add some stuff to your cart. you check out. you click pay with feather coin… and then???
To be clear I’m taking about desktop transactions.
Is the idea that they say “send xyz to this address” or is it more along the lines. then wait and see that they confirmed reception? (which is terrible)
They could “fund” an account there but that’s also terrible. (however that is how exchanges work)
Should it be a case of registering your payment address and the cart simply says, “we await your payment thanks!” then on your own time when you actually fulfill the payment the order is placed. that seems great if there is a 1 click solution to populate teh information like a QR code would to make a payment. is there?
From the company’s perspective, If you get too much payment, can part of the transaction be sent back to the address that sent it or do you need a different address to receive? Or can you just start a new transaction for the difference… again using the originating address? if not is there away to confirm a return address is valid with 0 feather coins before payment?
I see several possible solutions:
- The ‘wire transfer like approach’
- fill your cart
- proceed to payment
- get presented a shop’s wallet address (cleartext and/or qr-code)
- sent coins
- wait for shop to deliver
- the ‘allow payment approach’
- register with the shop and provide your wallet address (one time action)
- receive shops wallet address and put it into your wallet (one time action)
- fill your cart
- shop sends a payment request to your wallet
- wallet notices the known address for payment
- wallet sends payment automatically, if sufficient number of coins is available.
If you think of a wallet as feathercoind, the second approach could be fully automated and run in the background.
You guys should check this out.
A Payment gateway with multiple currency support including FTC.
Opensource. Looks pretty sweet and user friendly.
I have not tested it.
thanks for the response guys, wellenreiter i didnt know the 2nd option was even possible. interesting. I guess that’s the closest thing to what currently is done for credit cards.
AcidD that’s the sort of link i was looking for. thanks!
It is possible to implement. The payment request can be placed as a comment in the BC and the customers wallet can react on that.
It’s not there, but it can be done
The block chain is a nice short message system, but message costs the transaction fee