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Re:Show HN: Buttercoin (YC S13) US Bitcoin Marketplace – Fre... by revcbh on Wednesday December 10, 2014 @08:02PM (#8732649)
Yeah, that's basically the idea, probably using some multi-sig protocol. It will never be as fast as our internal ledger though, since I think we'd need to wait for at least one confirmation before funding the trade.

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