Multi Cryptocoin Payment Processing [Public Beta]

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

Apologies to any inconveniences. NMC has seem to gotten a bit slower, so we fixed the time on it.

cassini
Posts: 336
Joined: Sun May 26, 2013 6:36 pm

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by cassini »

Made another payment attempt. This time the payment was processed correctly as the time frame is open for 4 hours.
While I like the idea that we can now use a great variety of altcoins for paying for goods and services, the software flaw I had experienced raises a few questions:
  • Why was there such a tight timeout frame? If the software had ever been tested professionally then it would have turned out very quickly that 2 hours for 10 confirmations is simply not sufficient. Even with 4 hours there is a small chance that the payment experiences the timeout problem What about the timeout/confirmations ratio for the other altcoins?

    Why does it need 10 confirmations? What is the assumption is behind this number?

    Why is the payment displayed as recognized for a while, and after the timeout all of a sudden resets to "0.00000000"? This is very worrying for the customer.
On the positive side I have to mention that the email support response was very fast. Likewise, the refund was sent without delay.

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

cassini wrote:Made another payment attempt. This time the payment was processed correctly as the time frame is open for 4 hours.
While I like the idea that we can now use a great variety of altcoins for paying for goods and services, the software flaw I had experienced raises a few questions:
  • Why was there such a tight timeout frame? If the software had ever been tested professionally then it would have turned out very quickly that 2 hours for 10 confirmations is simply not sufficient. Even with 4 hours there is a small chance that the payment experiences the timeout problem What about the timeout/confirmations ratio for the other altcoins?

    Why does it need 10 confirmations? What is the assumption is behind this number?

    Why is the payment displayed as recognized for a while, and after the timeout all of a sudden resets to "0.00000000"? This is very worrying for the customer.
On the positive side I have to mention that the email support response was very fast. Likewise, the refund was sent without delay.
That's what the public beta is all about, finding issues like this. To answer your questions:

1. 2 hours was picked because at the time the coin was added the blockchain was running fast enough that 2 hours for 10 confirms had plenty of buffer time. We'll be adding checks to monitor the block times of the various coins to alert us if they are running slower and the timeout needs to be adjusted.
2. Confirmation counts are picked for the same reasons as exchanges and anyone working with cryptocurrencies: block speed, size and hash power of the network, risk of splits in the blockchain, and other factors.
3. We modified the display so it will continue to show the amount received even after the timeout for future transactions.

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

New Stores, New Plugin, New Coin Request Feature

Stores:
WaterIdo - Healthy Water Revitalizer - http://waterido.com
CryptoSupplies.com - http://www.cryptosupplies.com
Synthetic Vibrations - Premium research chemicals and supplies - http://syntheticvibrations.yolasite.com
Sarasota Slot Machines - http://sarasotaslotmachines.com
GRKreations Direct - http://grkreationsdirect.com
Mining Hardware - http://www.mininghardware.co.uk
Keep It Wooden - Wooden shot glasses - http://www.keepitwooden.com/

Shopping Cart Plugins:

WP e-Commerce (Wordpress) and BoxBilling

Feature:
Also due to the amount of new coins being made, traded, and requested. We made a new coin request section under contacts to help organize the list.

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

New Stores & New Vote:

Vote: https://bitcointalk.org/index.php?topic=397540.0

Stores:

DuinoBits - Arduino kits (UK & Europe) - http://www.duinobits.com
Johnsbay Flooring Co. - Carpeting, Wood flooring, Laminate, Tiles - http://www.johnsbay.com
Hash Rate Store - https://www.hashratestore.com
51 Attack - Crypto Miner Gear / Clothing - http://www.51attack.com
Citrus Fit - Weight loss and detox products - http://www.citrusfit.com

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

New stores!


Healthiverse - http://healthiverse.net
TuffWraps - Athletic Wrist Wraps - http://tuffwraps.com
Crypto Alley - The Online Digital Currency Marketplace - http://www.cryptoalley.com
Cryptmint - Precious Metal Bitcoin Wallets & Physical Coins - http://www.cryptmint.com/
Devcoin Store - http://devcoinstore.com
Crypto Store - http://cryptostore.io
Armonie Sonore - http://www.armoniesonore.com
StickerzLab - http://www.stickerzlab.com
Trade4Bitcoin - Comics and Collectibles http://www.trade4bitcoin.com
Scryptcoin Store - http://www.scryptstore.com
Fine Art Source - http://out-of-court-settlement.com
NitroBacku - http://www.nitrobackup.com
Cardz4Cash - Gift, Prepaid, Game, and VoIP Cards + more - http://cardz4cash.com
Vapeur Canada - http://www.vapeurcanada.com
DOGMA Portraits - http://dogmaportraits.com
Heat4Feet - http://www.heat4feet.net
BitcoinMetals - http://www.bitcoinmetals.us
DDoS Cover - http://ddoscover.com
Doge Host - http://dogehost.co.uk
Bit Electronics - http://bitelectronics.net/

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

New stores:

143VPN - http://143vpn.com
SimRai Game Servers - http://www.simrai.com
CryptoHosted.com - http://cryptohosted.com
The Staking Machine - TSM - http://www.thestakingmachine.com
Vox - http://www.vox-game.com/buy-with-crypto-coins/
Upchurch Design - http://upchur.ch
BTC Headshop - http://btcheadshop.com
Bitcoin Sportscards - http://bitcoinsportscards.com
ThanksBitcoin.com - http://www.thanksbitcoin.com

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

Store updates, also few new things on the site you may notice. More to come soon.

Life Sunglasses - http://www.lifesunglasses.com
I-Tech Security - http://www.itech-ny.com
Coaex - MemoryCoin Gold Exchange - http://www.coaex.com
FairDraw - http://fairdraw.co.uk
ServerBros Limited Website - http://serverbros.co.uk
Fine Art Source - http://fine-art-assets.com
BattleBots.co - https://battlebots.co
The Medieval Mint - https://www.medievalmint.com/store
BitStickers - Spread the word - http://bitstickers.net
Kundalini Reiki International - http://www.kundalinireiki.net
Craftonne Hosting Minecraft Servers - http://craftonnehosting.com
HostDab - https://www.hostdab.com
meplus1 (Music Digital Downloads) - http://www.meplus1.com

pr0d1gy
Posts: 17
Joined: Wed Sep 04, 2013 11:07 pm
os: mac

Re: Multi Cryptocoin Payment Processing [Public Beta]

Post by pr0d1gy »

New stores


EC Habit - http://www.echabit.com
uTop.us - http://uTop.us
Arkansas e Liquid Co - http://arkansaseliquid.com
Kiss My Web - We Build Websites! - http://kissmyweb.com
Enjoy Jars - http://www.enjoyjars.com
SGC-Hosting - http://sgc-hosting.com
Planet Doge - http://urastarsports.com
Happy Doge Shop - http://happydoge.com
The Underdog's Guide to Customer Domination - http://www.theunderdogsguide.info
Picca - Pay In Crypto Coins Anywhere - http://www.picca.co.uk
NobleCoin Marketplace - http://www.noblemovement.com/marketplace
Coinverted - http://coinverted.com

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