Author Topic: Bitshares TV - New video series for bitshares 2.0  (Read 2654 times)

0 Members and 1 Guest are viewing this topic.

Offline Stan

  • Hero Member
  • *****
  • Posts: 2908
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BitShares: Stan
But this guy's point is good too, namely that we JUST NEED TO GET 2.0 OUT THERE! And for that we're waiting on cryptonomex (is there a reference to Mexico in there? Jeff, you listening?)

At last!  A question I can answer! 

The "ex" on the end of Cryptonomex is a vague allusion to the same "ex" you find on the end of COMEX.

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Ander

  • Hero Member
  • *****
  • Posts: 3506
    • View Profile
  • BitShares: Ander
Dans assertion that Bitshares can handle the volume of the Nasdaq is false, at least at the currently tested transaction loads. The Nasdaq as well as the NYSE processes more than 1 million transaction per second. I think Dan must have gotten confused between the Nasdaq's TPS and Visa's.

In this article:
https://finance.yahoo.com/news/bitshares-claims-100-000-transactions-232000522.html

It is claimed that the NASDAQ processes 35000 TPS. 

But then I found this:
http://ir.nasdaqomx.com/releasedetail.cfm?ReleaseID=768861

Which says 1 million TPS. 

Hmm.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline bobmaloney

Yeah... you guys should probably redo this one.

Still really good work though. :)

Good job and thanks Max for keeping it up.


Good work, but it is also quite important that we correct this information.

The bitshares.org website still links to this page: http://www.nasdaq.com/services/homw.stm - which appears to be ~8 year old information.
Found here: https://bitshares.org/blog/2015/06/08/measuring-performance/

The current transaction/message capability of NASDAQ is found on clouts link: http://www.phlx.com/Trader.aspx?id=Latencystats

Max and Dan should probably redo this video with the updated information.

The bitshares.org website needs to update that link as well.
« Last Edit: June 11, 2015, 05:59:02 pm by bobmaloney »
"The crows seemed to be calling his name, thought Caw."
- Jack Handey (SNL)

Offline Thom

Don't worry, nobody's paying any attention to you until you overtake Litecoin in the Coinmarketcap.  You can't be held liable at this stage in the game. Only when you have millionaire investors involved will you get any real mainstream exposure.

Look, Blockchain technology as a whole has like no exposure to the mainstream at all.

So, yeah, get your facts straight, but no, the spotlight is not on you to perform yet.  You won't beat Litecoin until you launch 2.0

so don't sweat the small stuff.  Just get your existing code tight, and lets test it quick, and get it out there.  This stuff, is just fluff right now.

Really good, short video that covers the referral program, I understand it now. It's pretty simple, but powerful.

But this guy's point is good too, namely that we JUST NEED TO GET 2.0 OUT THERE! And for that we're waiting on cryptonomex (is there a reference to Mexico in there? Jeff, you listening?)

If there's anything we need to be doing as a community to prepare the way, I'd like to see us focus on that as a parallel effort to the devs work. I'm not talking so much about marketing. Although that is very important, People like Max are on it as I'm sure others are.

As my skillset is more on the technical side my focus is less on marketing and more on the infrastructure and policy areas. So if there are issues and details that need to be discussed and resolved that stand in the way of reaching consensus on fee levels, delegate campaigns, naming conventions / costs etc. Lets get as much of that done in advance of the devs being ready to roll out a new code base.

Can current delegates help by setting up servers for the 2.0 BitShares, for example for testing? Is it feasible to add a 2.0 block producing node on the same VPSs as production 0.9.2 nodes? Can you give us any info on the overhead the 2.0 client would have with light loads?

Perhaps that is premature, I just want to see 2.0 deployed ASP, and there is a minimum of 30 days adv. notice AFTER the everyone believes the code is ready, so I'm just saying lets shorten the pipeline as much as possible by getting any preliminaries out of the way.

BTW, will there actually be a version 1.0, or will it skip and go directly to 2.0 after the snapshot is taken? Assuming no bug fix releases on the 0.9.x code base, will 2.0 be next? 2.0 RC1 ... RCn?
Injustice anywhere is a threat to justice everywhere - MLK |  Verbaltech2 Witness Reports: https://bitsharestalk.org/index.php/topic,23902.0.html

Offline Ben Mason

  • Hero Member
  • *****
  • Posts: 1070
  • Integrity & Innovation, powered by Bitshares
    • View Profile
  • BitShares: benjojo
Really love your interviewing style! Great work   +5%

Offline fuzzy

Yeah... you guys should probably redo this one.

Still really good work though. :)

Good job and thanks Max for keeping it up. 
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

clout

  • Guest
Yeah... you guys should probably redo this one. I really appreciate the effort to get this information out there in a way that an be easily digested, but Dans assertion that Bitshares can handle the volume of the Nasdaq is false, at least at the currently tested transaction loads. The Nasdaq as well as the NYSE processes more than 1 million transaction per second. I think Dan must have gotten confused between the Nasdaq's TPS and Visa's.
« Last Edit: June 11, 2015, 03:03:35 am by clout »

Offline rgcrypto

  • Hero Member
  • *****
  • Posts: 557
    • View Profile
    • Cryptoctopus Blog

Offline triox

  • Full Member
  • ***
  • Posts: 170
    • View Profile
  • BitShares: triox
 +5% for the flux capacitor schematics.

Offline roadscape

That link leads to the previous episode; here's the new one: https://www.youtube.com/watch?v=bBlAVeVFWFM

Well done Max, looking forward to the rest!
http://cryptofresh.com  |  witness: roadscape

Offline bitmarket

  • Sr. Member
  • ****
  • Posts: 369
    • View Profile
    • BitShares TV
Here is the first of some quick vids Where Dan and I talk about a particular feature.

I recorded 7 ( I think) today.  I will release one each day.   Here is the first on high performance.

https://www.youtube.com/watch?v=-sDU-ooXq-E&list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK&index=2
Host of BitShares.TV and Author of BitShares 101