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Hackathon.md

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NYC Hackathon

Goals

Shared PubNub Keys for channel

Subscribe Key sub-c-ecc13c7c-48d9-11e3-b088-02ee2ddab7fe Publish Key pub-c-9a952874-0857-4976-8fd6-be2c969dc5bc

or just goto

http://www.pubnub.com/console/?sub=sub-c-ecc13c7c-48d9-11e3-b088-02ee2ddab7fe&pub=pub-c-9a952874-0857-4976-8fd6-be2c969dc5bc&sec=sec-c-YjA0OGVmNmEtZWYyMC00MTE3LTg1YjQtZmFhYTFkMWQxMTRh

Channel: BETA00016

connect

https://cash2btc.com/atm/BETA00016.php

Overview

What is an ATM, Automatic teller machine why would bitcoin need a teller?

Tendering currency is a job of a teller, autenicating bills and crediting/debiting accounts.

Although this is where the line is done. Users of bitcoin dont trust a unit, unlike a bank teller

bla bla sean finish this http://news.cnet.com/8301-17938_105-20005010-1.html

what we are really making is a vending machine (clever name for bilater, cashing out machine*)

so what makes a Bitcoin Vending machine?

Authenicate cash

  • Bill Validator

  • Hosted wallet

thats it

A hosted wallet that allows customers to upload a sending address, and after permission from the bill validator caluclate the amount of bitcoin to be send, and display proof its sent to the user.

So what all is in this github

Bill accetpor python script

python.py https://github.com/BitHighlander/Cash2BTC/blob/master/pyramid-acceptors-Python2Pubnub

This intakes the bill acceptor data and publish's to pubnub

HOSTED BITCOIN VENDING WALLET

This wallet intakes data from pubnub

It is authenicated by pubnub

Dont reinvent the wheel

Scripts

Listen to pubnub

intake bill data

intake what type of currency they want. (doge bla bla)