Lack of interest Bitcoin payment option

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Kent

Active member
Hello! I'd like to suggest that Bitcoin (and perhaps Namecoin, Litecoin, etc.) payments be integrated into XenForo. I think this would be considered a 'big' feature because it cannot be done without some research. To my knowledge no other forum software has done this yet.

Note: run programs you don't fully trust within an isolated VM.

Info about Bitcoin:
Bitcoin is a decentralised peer-to-peer crypto-currency. It's the most widely used crypto-currency.
Payments are absolute and one-way, they cannot be "charged back" or reversed once sent.
Anyone can confirm that a Bitcoin payment has been made, so scammers are easily outed.
Bitcoins are generated by solving math problems: https://en.bitcoin.it/wiki/FAQ#How_are_new_Bitcoins_created.3F
Website: http://bitcoin.org/
A Bitcoin address looks like this: 1GFR5BhAzTn8MpQ7JTybsMHYcKRguDx8dk (starts with a "1")

Info about Namecoin:
Namecoin is based on the same idea behind Bitcoin, but is used to register domains via P2P DNS. Currently the only TLD is .bit.
Website: https://dot-bit.org/Main_Page
A Namecoin address looks like this: N3zTpjJw5gW87LGQtKfcyKvVBE9x49fqBV (starts with an "N", older addresses start with an "M")
Example: "xenforo.bit" will resolve to "10.1.33.7" when the transaction goes through and DNS updates. I'll transfer this domain to XF staff if requested.

Info about Litecoin:
Litecoin uses a different algorithm than Bitcoin which is easier to "mine" on a CPU, however, GPUs still mine it more efficiently. This currency might die out if its algorithm isn't changed to be GPU-hostile, since that is the backing behind its usefulness.
Website: http://litecoin.org/
A Litecoin address looks like this: LNAfy3ggYttRV6UASSxi5KpTh64JmFdz2K (starts with an "L")

There are other currencies based on Bitcoin such as SolidCoin, Ixcoin, i0coin, RuCoin, Devcoin, Geistgeld, Liquidcoin, and so on. Different currencies generally have the same API, so I hope it's easy to implement them all at once.

It's also possible to generate an address with a recognisable name in it, for example with Vanitygen:
Code:
>vanitygen64.exe 1Kent
Difficulty: 4476342
Pattern: 1Kent
Address: 1Kent9NXn9hdW6Lk7DRxHAcJoP5LtBh3MZ
Privkey: 5HvumNWjenksdKsbeEk4sVbU8zrMnULnZYBa4yXJtfjBEmX71Jy
Note: never give out your private key if you plan on using it. Store the private key only in RAM or in an encrypted file container.

Here's some info for PHP development with Bitcoin: https://en.bitcoin.it/wiki/PHP_developer_intro
 
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There is a 3rd party (Bitpay) Bitcoin payment gateway which is good.

But why not code a Bitcoin add-on which does not involve a third party? The nice part about Bitcoin is that you don't need a 3rd party. I would certainly purchase such an add-on.
 
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