I'm writing this post to update the community on the progress towards getting SBD and STEEM added to payment gateway provider Coinpayments.net. You likely saw the article trend to the top spot on Steemit:
As of a few hours ago I'm pleased to report that I've went ahead and paid Coinpayments.net to get started on implementing SBD onto their site! While initially listed as $700 USD to have a coin listed on their site I was pleasantly surprised when I clicked the link to buy it and saw it appeared to be on sale!
Not too shabby! $200 USD is a hell of a mark down in my opinion and hopefully they honour it! I hadn't yet sold any of the SBD awarded for the post yet as I'm not a big fan of selling SBD at only 80% of its worth so I paid for it in some of the Bitcoin I had saved up. Initially I'd moved the SBD over to Poloniex.com in order to sell them for Bitcoin to pay Coinpayments.net but decided against it when I noticed that they were selling at only around 80% of their potential value.. I'll hold onto them until the market can support me trickling them off around their proper price!
The total SBD made raised from the proposition post was $878 SBD worth around 1.2 BTC or $725 USD! Meaning that once I'd added the $100 USD I'd pledged to the cause we'd made up $825 USD! STEEM users @sigmajin / @berniesanders have agreed to help pay the difference ~($175 USD) in order to get STEEM listed shortly as well.
Thank you very much guys!
Time To Spend Some Upvote Raised Funds to Help STEEM!
Going onto the site and filling out the form to apply for our SBD currency was pretty easy and for a total of around 0.824 BTC I was able to get the payment sent off to get Coinpayments.net for them intergrating SBD into their payment gateway.
At the invoice page, sending the BTC with my electrum client.
Note: Please do not send any BTC to addresses seen here!
(The amount they wanted in BTC to add SBD and my electrum client sending)
Viewing the TXID on blockchain.info to check for network confirmation
https://blockchain.info/tx/055caf94bddbd3fc8fe85d37bb806b793393f457950e5130a2bf36a6ed328651
(Here it is on the BTC blockchain waiting for confirms... BTC is SLOW)
More waiting this time on Coinpayments invoice page
(And more waiting... 2 confirms on BTC transactions is at LEAST 20 minutes)
Then... After About 20 Minutes... SUCCESS!
(Woot! Our payment to get SBD listed on their platform is complete!)
With that I've successfully sent the funds for the addition of SBD into the Coinpayments.net payment gateway! I'd like to thank the community for making this possible and hopefully once the others who pledged to help cover the remaining costs step forward and send their support we'll be able to get STEEM added to the Coinpayments gateway as well. I know @sigmajin has already contacted me in regards to paying the amount he's pledged so I'm just waiting on @venuspcs and @berniesanders to get their support pledges sent over and I'll go ahead and get the ball rolling on having STEEM added as well. venuspcs was down for 0.05BTC (which he actually used to vote on coinpayments.net for STEEM) and bernie and sigmajin were up to cover the rest. All and all only another $175 USD is needed and I'll get STEEM paid for on the Coinpayments site.
How Long Until SBD is Implemented on Coinpayments?!
I'm hoping Coinpayments.net have SBD added to their platform within the next week or so! Unfortunately I'm unable to estimate exactly how long it might take them to get SBD implemented though. STEEM is very new technology and very much different than your standard Crypto 1.0 meaning it's not as simple as copy and paste to get it implemented properly and working.
While in correspondence with Coinpayments via email they were wondering if a list of all the available API calls is compiled somewhere. Personally I do not know that such a list has been compiled and if it does infact need to be created I will do so shortly. Besides the STEEM github does anyone have any resources to share that can help me build and publish proper API documentation? Please leave links in comments below!
UPDATE: We NEED Proper Documentation!
Good job taking the initiative on this kyle, and happy to help. I'm getting off way cheaper than I thought I would, tbh. I think I wandered in and pledged before the post really took off.
I did want to add that if people have good ideas that are just lacking funding for implementation, you can hit me up on steemit chat (same username).
I'm willing to sink some VC money into worthy, Steem related projects (even projects like this one that don't promise a direct ROI).
*note: No one should interpret this as "im giving away free money". I'm not. And im also not sponsoring individuals. It has to be something like this -- a real project with real potential. I might actually make a seperate post about it, come to think of it.
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Thank you for your support on my proposal sir. You're a massive help and asset to our community.
You infact had pledged up to 1 BTC towards the cause. I'm glad you didn't have to fork out that much though!
It does infact "take money to make money" in most circumstances.. And hopefully by spending this money others are able to make money by adding SBD and soon STEEM to their web stores. :)
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You do the House of Steemit honor, Ser Klye
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I do what I can sir to help those who help me.
This was a logical step to improving our network..!
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First Upvotes buddy!!! Hope you succeed in future @klye
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You're awesome funnyman! How's things across the sea?
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pretty good :)
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Good news!
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Very good news! Will open up the possibility for a lot of new sites / services to pop up around STEEM / SBD.
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Great news, well done Klye & co.
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Thanks phoenix! soon you can set up a website easily and knit steem things for mucho dinero!
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Good job, @klye. Thank you
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Needed to be done.. I'm pumped I was the one that was able to rally enough support to see it's success!
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This is a great idea and I want to support you. I wait to see that you will succeed and SBD will be Implemented on Coinpayments! Cheers bro.
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I've paid for SBD to be implemented now with the funds raised by the proposal post so just waiting on them to do their part now. :)
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You rock @klye
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Aww. stahhhp. Yoouuuuu rock. :D
<3 Stephen
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Nicely done. Hopefully this will mean a little more demand for SBD.
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I hope so as well! we need more things to spend SBD on. :)
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Nice work @klye, and good follow up.
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Thanks papa-pepper. I felt that full transparency on the progress of what's going on with that proposal was the best course of action.
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Agreed.
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Hot dang, this is amazing stuff. Well done that man!
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Cheers meester! This is some good news for sure!
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You really earned upvote for this one. That's true spirit.
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Wicked stuff @klye . I set up an account a few weeks back on coinpayments.com and noticed they had steem listed under coins that could be voted on, but didn't realize you could actually pay them to integrate a coin that's awesome. I tested the process using BTC and Dash on a store I am working on, and it works very well....Great to see this happening mate Kudos!
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