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Rejigged Method part to highlight what is done and still to come
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* Removed bit about encryption means don't need to trust Heroku. This was false- the BPS owner must always trust the host, simply unavoidable.
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matholroyd committed Feb 15, 2012
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10 changes: 8 additions & 2 deletions README.markdown
Expand Up @@ -15,13 +15,19 @@ Finally, BPS intends to define a simple API for 3rd-parties to fulfil payments,

# Method

***Implemented***

- Run as a web app, i.e. a 24-hour service that the owner does not have to babysit.
- Generate a unique bitcoin address for each payment.
- Allow payers to add additional information for payments, e.g. name, description, address.
- Provide basic API so 3rd-parties can request a unique bitcoin payment address, and allow the 3rd-party to provide additional information such as a description and their name.

***Coming***

- Provide by default a beautiful, user-friendly, payment experience.
- Automatically forward payments onto the owner.
- Private keys can be encrypted in the database, so the host (e.g. Heroku) does not need to be trusted.
- Provide basic API so 3rd-parties can request a unique bitcoin payment address, and allow the 3rd-party to provide additional information such as a description and their name.
- Private keys can be encrypted, to add that extra layer of security


# Hosting on Heroku

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