Quote:
Originally Posted by edgeprod
I see. What you may want is a two-factor transaction. You and NETbilling sign the transaction together with the third party (the customer). Then, when two parties agree the transaction is complete, the payment goes through.
As far as no bit coins being stored on any remote server, that's probably an unnecessary restriction (as well as one that comes with additional technical hurdles). When dealing with sketchy third parties, sure. This is NETbilling we're talking about -- if you trust them with your regular billing, you'd be trusting them with your crypto-billing.
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well, I'm certainly skeptical of having my bitcoin online for even brief periods of time. IMO any place that transacts bitcoin is hanging a sign out stating "we're open for hacking!" It's the first thing I do when I complete a bitcoin transaction- move them offline right then and there.
Nevertheless, youare right, I trust Netbilling. I've worked with Ben and Eddie many times over the years. Ben has been there a very long time and worthy of my trust.