Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: "Bitshares is decentralized Ripple"  (Read 1252 times)

0 Members and 1 Guest are viewing this topic.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3499
    • View Profile
  • BTS: Ander
"Bitshares is decentralized Ripple"
« on: December 17, 2014, 04:17:01 AM »

"Bitshares is decentralized Ripple" is a message that we need to promote, imo.
Credit for this idea goes to Toast.

Ripple is the hot thing right now, but bitcoiners hate it because it helps the same old centralized banking system to succeed. 

This is the message that we could use to win over some bitcoin folks.


(I even think it is true, or I should say, will be true once all the bitshares features are implemented!)
« Last Edit: December 17, 2014, 04:41:57 AM by Ander »
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline kisa

  • Sr. Member
  • ****
  • Posts: 240
    • View Profile
Re: "Bitshares is decentralized Ripple"
« Reply #1 on: December 17, 2014, 08:15:53 AM »
This message is quite a statement.
I would prefer Dan's view on whether this comparison is helpful or somehow could backfire?

Offline monsterer

Re: "Bitshares is decentralized Ripple"
« Reply #2 on: December 17, 2014, 08:53:41 AM »
I think there is some unwritten marketing rule which says you should never mention your competitors in a marketing statement as it inadvertently advertises them instead of you.
My opinions do not represent those of metaexchange unless explicitly stated.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Ben Mason

  • Hero Member
  • *****
  • Posts: 1063
  • Integrity & Innovation, powered by Bitshares
    • View Profile
  • BTS: benjojo
Re: "Bitshares is decentralized Ripple"
« Reply #3 on: December 17, 2014, 11:12:45 AM »
"He who controls the Spice, controls the Universe"

Ripple may be an interesting and innovative project, however, the nodes that process the transactions have zero democratic oversight as I understand it.  Ripple is surely central banking 2.0.  Which is why it has garnered support from certain financial institutions.  Ripple seems to me to be our ancient adversary in a new guise, not simply our competition.

Offline luckybit

Re: "Bitshares is decentralized Ripple"
« Reply #4 on: December 17, 2014, 12:51:50 PM »
"Bitshares is decentralized Ripple" is a message that we need to promote, imo.
Credit for this idea goes to Toast.

Ripple is the hot thing right now, but bitcoiners hate it because it helps the same old centralized banking system to succeed. 

This is the message that we could use to win over some bitcoin folks.


(I even think it is true, or I should say, will be true once all the bitshares features are implemented!)

Terrible marketing. Do you realize that casual users really dislike the distribution of XRP? The last thing you need is to associate Bitshares with Ripple. I cringed when I read that quote from a newbie perspective.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline G1ng3rBr34dM4n

Re: "Bitshares is decentralized Ripple"
« Reply #5 on: December 17, 2014, 03:34:52 PM »
"He who controls the Spice, controls the Universe"

Ripple may be an interesting and innovative project, however, the nodes that process the transactions have zero democratic oversight as I understand it.  Ripple is surely central banking 2.0.  Which is why it has garnered support from certain financial institutions.  Ripple seems to me to be our ancient adversary in a new guise, not simply our competition.

Hope you don't mind, stole "central banking 2.0" for related reddit post:
http://www.reddit.com/r/Bitcoin/comments/2pjp31/are_whales_selling_bitcoin_to_buy_ripple/cmxm88s

Offline fuzzy

Re: "Bitshares is decentralized Ripple"
« Reply #6 on: December 17, 2014, 03:38:30 PM »
"Bitshares is decentralized Ripple" is a message that we need to promote, imo.
Credit for this idea goes to Toast.

Ripple is the hot thing right now, but bitcoiners hate it because it helps the same old centralized banking system to succeed. 

This is the message that we could use to win over some bitcoin folks.


(I even think it is true, or I should say, will be true once all the bitshares features are implemented!)

This is almost exactly correct (from a technological perspective).  There is some centralization, but that centralization is good for adaptability. It would be closer to say that it has all the benefits of Ripple, but gives the power to the shareholders. 
« Last Edit: December 17, 2014, 03:44:11 PM by fuzzy »
BROWNIE==DKP; BitShares is our Community! 
ShareBits Welcome to  the Sharing Economy w/ BeyondBitcoin.org Partners--ShareBits.io & OpenLedger.info
TIP FORMAT: #sharebits "ForumHandleInQuotes" Quanity Token_Name

Offline Ben Mason

  • Hero Member
  • *****
  • Posts: 1063
  • Integrity & Innovation, powered by Bitshares
    • View Profile
  • BTS: benjojo
Re: "Bitshares is decentralized Ripple"
« Reply #7 on: December 17, 2014, 04:10:15 PM »
"He who controls the Spice, controls the Universe"

Ripple may be an interesting and innovative project, however, the nodes that process the transactions have zero democratic oversight as I understand it.  Ripple is surely central banking 2.0.  Which is why it has garnered support from certain financial institutions.  Ripple seems to me to be our ancient adversary in a new guise, not simply our competition.

Hope you don't mind, stole "central banking 2.0" for related reddit post:
http://www.reddit.com/r/Bitcoin/comments/2pjp31/are_whales_selling_bitcoin_to_buy_ripple/cmxm88s

Not at all G1ng3rBr34dM4n!

Offline toast

Re: "Bitshares is decentralized Ripple"
« Reply #8 on: December 17, 2014, 04:18:53 PM »
"Bitshares is decentralized Ripple" is a message that we need to promote, imo.
Credit for this idea goes to Toast.

Ripple is the hot thing right now, but bitcoiners hate it because it helps the same old centralized banking system to succeed. 

This is the message that we could use to win over some bitcoin folks.


(I even think it is true, or I should say, will be true once all the bitshares features are implemented!)

Terrible marketing. Do you realize that casual users really dislike the distribution of XRP? The last thing you need is to associate Bitshares with Ripple. I cringed when I read that quote from a newbie perspective.

Doesn't "decentralization" heavily imply decentralization of stake?
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.

Offline Ben Mason

  • Hero Member
  • *****
  • Posts: 1063
  • Integrity & Innovation, powered by Bitshares
    • View Profile
  • BTS: benjojo
Re: "Bitshares is decentralized Ripple"
« Reply #9 on: December 17, 2014, 04:22:27 PM »
The interest in Ripple at this stage is either speculative or laced with monopolistic ambition. 

The last thing we should do is associate BitShares with this system.  BitShares will stand or fall on it's own merit.  No other system is analogous with DPOS.

BitShares is profitable freedom.

Offline fluxer555

  • Hero Member
  • *****
  • Posts: 601
    • View Profile
Re: "Bitshares is decentralized Ripple"
« Reply #10 on: December 17, 2014, 04:53:02 PM »
Last time we made the slogan "BitShares does for business what Bitcoin did for money" when bitcoin was still in the afterglow of their biggest rally, and everyone thought it would be great marketing. Then after the bitcoin price crashed, everyone thought the slogan brought bad connotations to BitShares. Let's make sure that doesn't happen again.
BTS: flux-tips

Offline Ander

  • Hero Member
  • *****
  • Posts: 3499
    • View Profile
  • BTS: Ander
Re: "Bitshares is decentralized Ripple"
« Reply #11 on: December 17, 2014, 05:34:54 PM »
Terrible marketing. Do you realize that casual users really dislike the distribution of XRP? The last thing you need is to associate Bitshares with Ripple. I cringed when I read that quote from a newbie perspective.

This is exactly what I was getting at with the idea.

We need to market Bitshares as similar to ripple, but also without the flaws of ripple, such as the overcentralization of the coin supply.


Given your reaction, its clear that it would need to be presented in the right way.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline fuzzy

Re: "Bitshares is decentralized Ripple"
« Reply #12 on: December 17, 2014, 06:04:37 PM »
"Bitshares is decentralized Ripple" is a message that we need to promote, imo.
Credit for this idea goes to Toast.

Ripple is the hot thing right now, but bitcoiners hate it because it helps the same old centralized banking system to succeed. 

This is the message that we could use to win over some bitcoin folks.


(I even think it is true, or I should say, will be true once all the bitshares features are implemented!)

Terrible marketing. Do you realize that casual users really dislike the distribution of XRP? The last thing you need is to associate Bitshares with Ripple. I cringed when I read that quote from a newbie perspective.

Doesn't "decentralization" heavily imply decentralization of stake?

I would agree, but even by that measure BTS is far better than Ripple...and will only get better over time.
BROWNIE==DKP; BitShares is our Community! 
ShareBits Welcome to  the Sharing Economy w/ BeyondBitcoin.org Partners--ShareBits.io & OpenLedger.info
TIP FORMAT: #sharebits "ForumHandleInQuotes" Quanity Token_Name

Offline Ander

  • Hero Member
  • *****
  • Posts: 3499
    • View Profile
  • BTS: Ander
Re: "Bitshares is decentralized Ripple"
« Reply #13 on: December 17, 2014, 06:30:53 PM »
I would agree, but even by that measure BTS is far better than Ripple...and will only get better over time.

BTS share distribution is quite good actually.  Bytemaster controls less percent of the total than Satoshi has of Bitcoin.  (And Ripple has the worst distribution, with most of the shares belonging to the creators and ripple labs, so thats not even in the same ballpark).
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline fuzzy

Re: "Bitshares is decentralized Ripple"
« Reply #14 on: December 18, 2014, 06:11:44 AM »
I would agree, but even by that measure BTS is far better than Ripple...and will only get better over time.

BTS share distribution is quite good actually.  Bytemaster controls less percent of the total than Satoshi has of Bitcoin.  (And Ripple has the worst distribution, with most of the shares belonging to the creators and ripple labs, so thats not even in the same ballpark).

100% agreed.  The distribution is (to me) very good--or else I wouldn't be here--but many will disagree with me outside the bitshares ecosystem. 
BROWNIE==DKP; BitShares is our Community! 
ShareBits Welcome to  the Sharing Economy w/ BeyondBitcoin.org Partners--ShareBits.io & OpenLedger.info
TIP FORMAT: #sharebits "ForumHandleInQuotes" Quanity Token_Name

 

Google+