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Jacob Burrell (Jake)
Works at Airbitz
Attends Olympian High School
1,553 followers|1,322,184 views


Jacob Burrell

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Google knows me better! #sexybeast  

Follow +Humourica 
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Omg this is so awesome! Chrome apps coming to Android? Fingers Crossed
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Jacob Burrell

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Moore's law and technology leapfrog.
h/t @pranavmistry
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Have him in circles
1,553 people

Jacob Burrell

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Pretty cool
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Jacob Burrell

Bitcoin News  - 
Registered as a seller. Undercutting all the other sellers in my area. If you can, might as well register as a seller of bitcoin here.

The latest major Mycelium feature, called Local Trader, is finally out of beta and available to everyone.

With Local Trader, the development team at Mycelium sought to answer a question often posed by those new to bitcoin: Now that I have a bitcoin wallet, how do I get some bitcoins? 

Local Trader lets those who already have bitcoins to offer them for sale, and those who are looking to obtain bitcoins an easy to use interface to find those sellers in their area. This allows sellers  to support their local Bitcoin economy and earn a little in the process.

Local Trader at a glance:
All trades are person-to-person with cash for BTC.
The servers mediating the trades hold no bitcoins or fiat.
Bitcoin sellers create geographically pinned sell orders where they sell at a chosen exchange rate +/- a percentage.
Bitcoin buyers can search for sell offers geographically, look for the best deals, and start a trade session.
All trades use in-app end-to-end encrypted chat between the buyer and seller. Not even the Local Trader servers can read the contents.
Buyer and seller can negotiate price and meeting place.
As with the Mycelium Bitcoin Wallet, the source code of the Local Trader feature is open for review. You can compile and roll your own.
The seller does not need to put funds into escrow; they are spent directly from his Mycelium Wallet.
The buyer does not have to wait for confirmations - our revolutionary transaction confidence graph provides additional feedback on whether the transaction will in fact go through.
A small 0.2% fee per side of the deal goes to supporting the infrastructure that we provide.

Initially, the trader options will be limited to standing sell offers and instant buy offers. Meaning only those who wish to offer to sell bitcoins for local currency will be able to create standing offers for buyers to search through. Later on, Local Trader will also add standing buy offers, for those who wish to offer the option of converting bitcoins to other currencies as well.

To enhance privacy, Local Trader eschews the login and password authentication method, and instead uses your wallet's private key to register and authenticate with the server, using the well established bitcoin key message signing feature. Also, all communication between buyers and sellers, such as when and where to meet, is encrypted using the traders' respective private keys. This means that the Mycelium servers that manage trades only know the bitcoin addresses, pseudonyms, coarse location, and trade history of the people involved, in effect making the system almost as pseudonymous as Bitcoin itself from the company's point of view.

Finally, when the traders meet and exchange cash, Mycelium's other new feature, the transaction confidence graph (currently limited to Local Trader) goes into effect, displaying the probability that the transaction that sends coins to the buyer's wallet will get included in the next block. To achieve this, Mycelium servers track the transaction as it propagates through thousands of nodes, as well as check it for possible double-spends, transaction malleability, long chains of unconfirmed inputs, proper transaction fees, and other possible issues. With this, traders can exchange cash and be on their way, fairly confident that the transaction was legitimate, without having to wait 10 minutes for a confirmation.

With the recent issues involving centralized exchanges shutting down or running away with money, and governments forcefully shutting down methods of getting money into exchanges, Mycelium hopes that this new feature will let anyone be a walking ATM, making exchanging bitcoins for other currencies much easier, and allowing traders to earn a bit of money in the process.

You can download the most recent verson from Google Play store here, or directly from

Fore more info and HOWTO refer to:

TL;DR: This is the most decentralized exchange you can use today. Decentralize ALL the things.
Jacob Burrell's profile photoWekkel Ekkel's profile photoRegalo Conquistadero's profile photo
+Wekkel Ekkel Did you register as a seller? 
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Jacob Burrell

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Airbitz CEO +Paul Puey  will be talking about #bitcoin at #UCSD this Friday. 

Anyone newbies interested in learning more about Bitcoin, this is a great chance to get a lot of into. It's free to the public so hope you can make it
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The tides are slowly turning.
Gold just had its worst day in about five months: • $GLD
Anthony Loera's profile photoVijayakumar Subburaj's profile photoFernando Seminario's profile photo
Yes price manipulation in gold is being investigated. 2% drop is not that bad. Especially remembering the drop 1600 to 1400
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Have him in circles
1,553 people
High School Student
Web Design, Javascript, HTML, C++,Bitcoin
  • Airbitz
    Curator, 2014 - present
    Insuring all business listings in Airbitz's Business directory are of the best possible quality with ALL information verified.
  • Olympian High School
    Student, 2011 - present
    High School Student
  • Boost Mobile
    Sales Associate, 2012 - 2013
    Customer Support - Boost Mobile.
Basic Information
Looking for
Friends, Networking
Other names
Julio, Campos, Jake
Aspiring Software Engineer
Jacob Burrell
Bragging rights
Bitcoin Foundation Member
  • Olympian High School
    History, 2001 - present
  • Calvary Christian Academy
    'Merica, 2005 - 2010
  • Language Academy
Contact Information
(619) 796-2236
Google Talk
Jacob Bubble
Jacob Burrell (Jake)'s +1's are the things they like, agree with, or want to recommend.
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Accepts Bitcoin as a form of payment and has great food. What more could I ask for?
Public - 2 months ago
reviewed 2 months ago
Good food.
Public - 3 months ago
reviewed 3 months ago
Not a student but I come by to visit my girlfriend on occasion who goes to this school. Visually it's a nice, big school but that's about all I can say considering my knowledge of the school itself - oh and that their football team is decent.
Public - 5 months ago
reviewed 5 months ago
Although the Subway Application was awful since it listed other Subways as the closest Subway when that was not the case; The order was executed on time and the order was made to the Subway standard. Going to come here again.
Public - 5 months ago
reviewed 5 months ago
31 reviews
Ran out of drink but refilled it within 45 second.
Public - 4 months ago
reviewed 4 months ago
Drive through machine often isn't accepting cash deposits which forces me to either take another trip to another Bank of America or to just use an ATM.
Public - 5 months ago
reviewed 5 months ago
Didn't find what I was looking for but still a decent store.
Quality: GoodAppeal: GoodService: Good
Public - 9 months ago
reviewed 9 months ago