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zende

960 karma · joined October 9, 2009

Human
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zende··on Show HN: IRCRelay - Hosted IRC Bouncer Service
Where do you send the notifications from irssi?

I run irssi in tmux on EC2 with a Colloquy push script (http://static.ssji.net/colloquy_push.pl.txt). Spent time trying to get it right, but Colloquy is flaky at best.

zende··on Show HN: Status page for Balanced - Payments for Marketplaces
Balanced just open sourced the status page: http://news.ycombinator.com/item?id=4865982
zende··on Payments Startup Balanced Innovates In Wrong Direction
I commented on the Forbes article, but I figured I'd repost my comment here:

------------------

Hey Jon,

Thanks for the comments.

We do our best to listen to our customers. The primary reason that we haven't built Bitcoin support is that we haven't seen requests for Bitcoin as a payout method.

We use GitHub to track feature requests, so I created a GitHub issue (https://github.com/balanced/balanced-api/issues/204) for Bitcoin. I'd love to get feedback.

I also submitted the GitHub issue to HN (http://news.ycombinator.com/item?id=4833049) to drive more attention and increase feedback.

Matin Co-founder/CEO, Balanced

zende··on Request for Balanced to support Bitcoin as a payout method
Conversion started as a result of Jon Matonis' article: https://github.com/balanced/balanced-api/issues/44
zende··on Show HN: Status page for Balanced - Payments for Marketplaces
Definitely. We started with Heroku's status page as the golden standard and made it our own while looking at other examples along the way.
zende··on Balanced Payments (YC W11) Raises $1.4M To Provide A Platform For P2P Markets
We haven't seen much demand for supporting Dwolla. However, could you create an issue on GitHub if you would like us to support Dwolla? https://github.com/balanced/balanced-api/issues
zende··on Balanced Payments (YC W11) Raises $1.4M To Provide A Platform For P2P Markets
We haven't seen much demand for supporting bitcoin. If you would like us to support bitcoin, could you create a GitHub issue, so we can track interest?

https://github.com/balanced/balanced-api/issues

We use GitHub to track feature requests like international support: https://github.com/balanced/balanced-api/issues/23

zende··on Balanced Payments (YC W11) Raises $1.4M To Provide A Platform For P2P Markets
> Afaict, the really new thing Balanced is doing that I haven't seen anywhere else is programmatically authorizing merchant accounts.

There's three main things marketplaces have expressed that they like about Balanced: 1. Compliance. This includes PCI and the ability to underwrite merchants through the API 2. Payouts. Depositing money in a merchant's bank account the next business day and having full control over when you issue the deposit. With this launch, we made it easier for marketplaces to use us just for payouts—something we saw existing customers doing 3. Taxes. We handle the tax reporting for the merchants

There's no one else that provides any of the three above.

zende··on Balanced Payments (YC W11) Raises $1.4M To Provide A Platform For P2P Markets
Thanks irollboozers! Looking forward to having you on board.
zende··on Stolen Money on Gittip, Part 1
There's a field (meta) on the Debit resource that allows a marketplace to pass fraud signals like IP address and shipping address. Gittip is facing this issue much earlier than another marketplace in comparison to their volume. Otherwise, we don't ask a marketplaces to pass in more information until they've grown more. The problem in being restrictive too early is that you can hinder a marketplace from growing by having false positives.

In the end, I think we (Balanced) should have done a better job here, and we'll work hard to do so in the future.

zende··on Stolen Money on Gittip, Part 1
> That's only true until you start getting chargebacks.

There are compliance ramifications of permitting money laundering, but collusion isn't always money laundering. Here's a few different scenarios:

1. Legitimate money laundering where someone is trying to obfuscate the origin of the money for some illicit reason. The ramifications of permitting or not having strong enough systems to prevent money laundering results in being shutdown. That's a bigger incentive than financial loss

2. Fraud where someone is trying to get cash off of someone else's card. This is the number one form of fraud on a marketplace and, by far, the hardest to catch. This is where the incentive is financial due to chargebacks

3. Cash advance where a marketplace has set their fees low (sometimes even lower than the fees Balanced charges) and someone is incentivized to get money off their card or simply get miles/points. Venmo and a lot of similar services experienced would get targeted by this form of collusion when they didn't charge any fees. This should be prevented due to card network (Amex, Visa, MC, Discover) policies, but they generally won't result in a chargeback

zende··on What should be the goals of creating an open discussion around an API spec?
Forking the specs for an API feels just like forking an open source project. I wouldn't want to drudge through Facebook's API code, but it would be nice to comment on changes, have a changelog, and make them auto validate against their own specs.
zende··on What should be the goals of creating an open discussion around an API spec?
GitHub lets the repo owner/maintainer delete other people's comments. Strangely, they appear to also allow the repo owner edit other people's comments, which I don't really get.
zende··on What should be the goals of creating an open discussion around an API spec?
"+1" or "yes" appear to be the norm on GitHub. Example: https://github.com/hotsh/rstat.us/pull/443
zende··on What should be the goals of creating an open discussion around an API spec?
> It'd be nice to be able fork or even comment the API docs as a developer using the API

You want to comment on the API docs using the API itself? The goal is to let you fork the specs and issue a pull request on GitHub.

> Tooo many times I googled for an answer that the API docs neglect and found the answer instead on StackOverflow.

Are you referring to the API docs for Balanced or API docs in general?

zende··on What should be the goals of creating an open discussion around an API spec?
Should also be a great start to improve the API docs (https://www.balancedpayments.com/docs/api)
zende··on Gittip minimum raised from $0.25 to $1.00
Marketplace payments is the main purpose of our existence. We do our best to build a clean API on something that's rather complex to build.

Give it a shot with some test creds (see below). You can go live directly from the site: https://balancedpayments.com

# create a test marketplace

curl -X POST https://api.balancedpayments.com/v1/api_keys

# retrieve and store the secret for subsequent commands

curl -X POST https://api.balancedpayments.com/v1/marketplaces -u $SECRET:

zende··on The first open company
The open discussion on company decisions is the most open part to me (https://github.com/whit537/www.gittip.com/issues). That's more significant than releasing the source.
zende··on Gittip stats
I contribute using my corporate card. That may work for you for now
zende··on Show HN: gist.io, blogless writing for hackers
feature request: syntax highlighting in code snippets
zende··on Etsy: Announcing Direct Checkout. (No longer just PayPal.)
US merchants, international buyers -- just like Amazon (FPS) and Etsy's current systems. Which countries would you be most interested in us adding?
zende··on Etsy: Announcing Direct Checkout. (No longer just PayPal.)
it now says ZAARLY.COM on your statement for Zaarly. This was a previous bank limitation, not technical or design, that has been resolved.

new business comes in through referrals and press by our marketplaces, so we haven't focused on press.

if you want to sign up as a marketplace: https://www.poundpay.com/developers/application

zende··on GiftRocket (YC W11) Lets You Send Gifts That Can Be Redeemed At Any Location
I've heard similar feedback about gift cards, but I continue to receive gift cards from friends. All things being equal, I'd much rather receive a GiftRocket instead of holding onto and likely losing a $25 physical gift card
zende··on Is Yuri Milner A Threat To Silicon Valley?
The reality is that the biggest competition for silicon valley angel investors is not Yuri Milnur but Google, Facebook, Apple, Twitter, and Zynga.

pg says it much better: "Investors all compete with one another for deals, but they aren't one another's main competitor. Our main competitor is employers. And so far that competitor is crushing us. Only a tiny fraction of people who could start a startup do. Nearly all customers choose the competing product, a job." [http://www.paulgraham.com/future.html]

Here's to hoping more college grads join an early stage start-up or start their own company instead of joining Google or Facebook

zende··on FitFu (YC W11): Stay active anywhere
I love the the whistle character! I also like applying game dynamics and competition to exercise and losing weight
zende··on The penultimate guide to stopping a DDoS attack – A new approach
Trying to categorize all DDoS together is nonsense. The scale and type of the attack depend on the attacker's means and motivations. How would unixy.net have blocked the following attack? http://www.csoonline.com/article/220336/how-a-bookmaker-and-...

DDoS attacks make the most sense for the attacker when they are an extortion attempt. The economics works in favor of the attacker. It costs the site dearly to be down, and they set a price that makes sense based on your site. Unfortunately, you may not hear about a lot of these attacks, and the attacker is never found or can't be arrested.

unixy.net sells DDoS insurance. You never know if the insurance policy was worth the monthly payments until an attack happens.

Note: I've never used unixy.net and can't speak to their effectiveness, but I don't like how they grossly oversimplify a complex problem

zende··on Blippy 404 page
double rainbow all the way!
zende··on What if TV Networks Aired All Their Pilots?
just throw them all on Hulu and collect direct metrics. why on earth would you have people vote or rely on Nielsen? each view is a vote, and there is no limit of time-slots on Hulu
zende··on Why doesn't Quora use PostgreSQL
grrrrr. apparently HN always strips single-quotes from links. There should be single-quote in the link in doesn't.

Here's a bit.ly link :-( http://bit.ly/9iQWn8

zende··on Why doesn't Quora use PostgreSQL
here's the correct link: http://www.quora.com/Why-doesnt-Quora-use-PostgreSQL

HN must have stripped out the ' from the link when I submitted it

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