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Offline toast


Someone posted this in the ethereum subreddit, I don't know the source.
http://i.imgur.com/mh7b0Vy.png

It is interesting that about half of these describe BTS itself while half describe dapps on BTS. Here you see the difference between a DAC and a Dapp (one owns its blockchain and the other doesn't). Those differences are potential competitive advantages in those specific areas.
« Last Edit: November 18, 2014, 03:50:08 PM by toast »
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Offline monsterer

IMO they missed a huge one, but its not BTS specific: blockchain based internet.
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Offline yellowecho

Cool pic!  I'd certainly utilize a money manager feature... I prefer investing but would be interested in taking on more risk by allowing a third party to trade for me and realize quick gains like we've seen with 5% arbitrage opportunities in bitUSD.
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Offline Rune

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IMO they missed a huge one, but its not BTS specific: blockchain based internet.

Is that what maidsafe is trying to make? I'd also really love to see blockchain full nodes become nodes in a custom profitable TOR network as well, that would be such a massive value proposition.

Offline monsterer

Is that what maidsafe is trying to make? I'd also really love to see blockchain full nodes become nodes in a custom profitable TOR network as well, that would be such a massive value proposition.

I think it is, yes. Their success rate will be proportional to their available product base. I didn't see anything specific about them supporting HTML (looked very low level), but maybe they do. That will be the driving factor for any decentralised internet IMO, because you need to attract web developers to create websites.
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Offline luckybit

Someone posted this in the ethereum subreddit, I don't know the source.
http://i.imgur.com/mh7b0Vy.png

It is interesting that about half of these describe BTS itself while half describe dapps on BTS. Here you see the difference between a DAC and a Dapp (one owns its blockchain and the other doesn't). Those differences are potential competitive advantages in those specific areas.

That is from the Mist Ethereum blueprint. The Mist video is exactly on these topics.
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Offline luckybit

Someone posted this in the ethereum subreddit, I don't know the source.
http://i.imgur.com/mh7b0Vy.png

It is interesting that about half of these describe BTS itself while half describe dapps on BTS. Here you see the difference between a DAC and a Dapp (one owns its blockchain and the other doesn't). Those differences are potential competitive advantages in those specific areas.

How many full time developers do you estimate that it would take to make them all real in 2015?
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Offline bitmeat

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Someone posted this in the ethereum subreddit, I don't know the source.
http://i.imgur.com/mh7b0Vy.png

It is interesting that about half of these describe BTS itself while half describe dapps on BTS. Here you see the difference between a DAC and a Dapp (one owns its blockchain and the other doesn't). Those differences are potential competitive advantages in those specific areas.

How many full time developers do you estimate that it would take to make them all real in 2015?

But of course - 101 lol

Offline gamey

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I think about this and still don't get what is the big difference between DAPPs and DACs.  I get that one resides on the blockchain, but from a computer science perspective what can a DAC do that a well defined DAPP can't?  Aren't they the same thing??

I am not talking from a usability perspective but what can a DAC do that a DAPP can't?  If the Dapp defines its data precisely and only interacts with agreeable input .. then it seems to be the same thing as a DAC from a functional standpoint?
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Offline cass

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wass up here, do we need same kind of info GFX for BTS ... let me know .. maybe interactive ... as html/angular one page scroller  to start with ...


Introduction
Features
Get Started


and maybe later on a user who want to get start with bitUSD and install client software directly gets some bitUSd and so on … honestly idk if this could be practicable

IMO we should get out more 1 page description landings (html/css) of what we're doing ..
like one landing for bitUSD .. bitGLD etc... then clean up all ideas to a user understandable breakdown

just thinking loud ..
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Offline vikram



I think about this and still don't get what is the big difference between DAPPs and DACs.  I get that one resides on the blockchain, but from a computer science perspective what can a DAC do that a well defined DAPP can't?  Aren't they the same thing??

I am not talking from a usability perspective but what can a DAC do that a DAPP can't?  If the Dapp defines its data precisely and only interacts with agreeable input .. then it seems to be the same thing as a DAC from a functional standpoint?

I don't see the difference either. It seems the only thing that separates a DAC is that the consensus protocol is tied closely to a particular application, and that application is what drives the demand for the underlying shares which provide the incentives for block production.

For example, BitAssets are the main app on the BitShares DAC, which help drive demand for the underlying shares. The underlying shares have sufficient value to incentivize block producers to keep producing. Now that we have immutable and reliable timestamping, we should be able to build any off-chain DAPP we want on the chain, the same as CounterParty providing their scripting DAPP on the Bitcoin blockchain.

Offline toast

The only difference is that a DAC's consensus protocol properties serve a specific application. Examples of something a DAC can do that a dapp cannot are increase block production rate or prune certain data/features to stay competitive.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

 

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