Evolving Spotbit?

[ChristopherA]

(Related to issue #22)

@Nociel's latest refactor of Spotbit should be more stable, but still is missing a number of features that we'd hoped to support, like being able to aggregate price history from multiple sources by transaction volume for a more accurate daily price, or being able to have Spotbit <-> Spotbit P2P connections to validate current price and price history.

There have been some requests to support more price pairs, such as Ethereum, however, with the 100s of alt coins and ERC-20 tokens out there, this will be challenging to scale for the "personal self-sovereign service" we were targeting.

There are probably other services that make sense for Spotbit to be able to offer, such as transaction price predictions (a project that previous interns were interested in puzzling out, but did not complete).

We also need to puzzle out how to support Spotbit for the long term. When the original intern finished a working POC, it wasn't very stable (acceptable, it was an intern project after all!). However, more people wanted to use it in the two years since. @nochiel valiantly has been working to address stability, but we need to build a larger community to support the project, and we ultimately need to choose a new Lead.

I'm personally very interested in futures where we can in a decentralized way discover the current "fair price" for bitcoin without needing centralized exchanges. This is a very ambitious topic, ranging from P2P connections of SpotBits among themselves, comparing price history with each other, accepting and aggregating "personal price pairs" from wallets while protecting the privacy of transactions, avoiding P2P attacks, etc.

What would you like to see Spotbit evolve to be able to do?

-- Christopher Allen