Author Topic: What differentiates Privatized BitAssets from Nubits?  (Read 28412 times)

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Offline BunkerChainLabs-DataSecurityNode

That's the reason you guys don't have liquidity or trade volume: you think liquidity is its own reward.  Why should I put my money up as a bitusd sell order and make pennies if I'm lucky when I could put my money up as nbt buy or sell (whatever currency there's a pool for) and make a fixed amount per day?

If you're happy with how liquid your markets are and your daily trade volume, this proposal is worthless.  If you kinda wish people could buy bitUSD easily for less than a 40% markup, maybe you should consider decentralized liquidity services like nupond.

If it's so profitable to provide liquidity for bitAssets why is none doing it?

You do realize you are talking about a test network that won't even be operational in a couple months?
Correction.. one month and two days precisely.
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Offline monsterer

If only mechanics could successfully drive previous versions, then yes they were test cars.  Let's just agree to disagree.

You imply that only programmers use bitshares 1.0, but this is clearly not the case.
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Offline bytemaster

Although I didn't find a specific answer to my question for a testnet, I come to the conclusion there is no such thing for Bitshares 1.0.
Will there be a testnet for Bitshares 2.0?

It's running right now: https://bitsharestalk.org/index.php/topic,17962.0.html
Ok, so this is the testnet to prepare the launch of Bitshares 2.0, right?
Will there be a continuously available testnet after Bitshares 2.0 has been released?

We will continue to maintain a test network for active BTS development after 2.0 is launched.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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Offline Helikopterben

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So if it's not in a testing phase, then it must be production right?  Again, why replace a production network?

Why do car manufacturers keep releasing new versions of the same models? The previous versions were not test cars, were they?

If only mechanics could successfully drive previous versions, then yes they were test cars.  Let's just agree to disagree.

Offline Randomaniac

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Although I didn't find a specific answer to my question for a testnet, I come to the conclusion there is no such thing for Bitshares 1.0.
Will there be a testnet for Bitshares 2.0?

It's running right now: https://bitsharestalk.org/index.php/topic,17962.0.html
Ok, so this is the testnet to prepare the launch of Bitshares 2.0, right?
Will there be a continuously available testnet after Bitshares 2.0 has been released?

Offline monsterer

Although I didn't find a specific answer to my question for a testnet, I come to the conclusion there is no such thing for Bitshares 1.0.
Will there be a testnet for Bitshares 2.0?

It's running right now: https://bitsharestalk.org/index.php/topic,17962.0.html
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Offline Randomaniac

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Although I didn't find a specific answer to my question for a testnet, I come to the conclusion there is no such thing for Bitshares 1.0.
Will there be a testnet for Bitshares 2.0?

Offline monsterer

So if it's not in a testing phase, then it must be production right?  Again, why replace a production network?

Why do car manufacturers keep releasing new versions of the same models? The previous versions were not test cars, were they?
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Offline Helikopterben

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Ethereum frontier - today's volume 3x bitshares, market cap 9x bitshares.  If it's CLI only and for devs only, then I would consider it a  test network.  I suppose it depends on your definition of a test network... at most beta, probably alpha.

Your definition of test network is broken.

A test network contains coins which *have no value*.

So if it's not in a testing phase, then it must be production right?  Again, why replace a production network?

Offline monsterer

Ethereum frontier - today's volume 3x bitshares, market cap 9x bitshares.  If it's CLI only and for devs only, then I would consider it a  test network.  I suppose it depends on your definition of a test network... at most beta, probably alpha.

Your definition of test network is broken.

A test network contains coins which *have no value*.
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Offline Helikopterben

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Then why is it being replaced?  Production networks don't get replaced.

Iteration?

The original client was horribly broken and the only way to fix it was to change the protocol so much a new chain was required?

...Show me any actual test network which is listed on multiple exchanges and has a daily trade volume in the top 10 in the world?

Ethereum frontier - today's volume 3x bitshares, market cap 9x bitshares.  If it's CLI only and for devs only, then I would consider it a  test network.  I suppose it depends on your definition of a test network... at most you may could call it beta, but probably alpha.

Edit:  maidsafe
« Last Edit: September 09, 2015, 08:32:21 pm by Helikopterben »

Offline monsterer

Then why is it being replaced?  Production networks don't get replaced.

Iteration?

The original client was horribly broken and the only way to fix it was to change the protocol so much a new chain was required?

...Show me any actual test network which is listed on multiple exchanges and has a daily trade volume in the top 10 in the world?
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Offline Helikopterben

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Perhaps I shouldn't call it a test network because all assets are real assets that will be transferred over to 2.0, but for functionality purposes, bitshares 1.0 has become the first test network.  The point is that you shouldn't compare liquidity on a network that no one really uses any more and won't exist in 2-3 months with a network that is fully functional.

To call bitshares 1.0 a test network is frankly absurd. No one else believes that.

Then why is it being replaced?  Production networks don't get replaced.

Offline monsterer

Perhaps I shouldn't call it a test network because all assets are real assets that will be transferred over to 2.0, but for functionality purposes, bitshares 1.0 has become the first test network.  The point is that you shouldn't compare liquidity on a network that no one really uses any more and won't exist in 2-3 months with a network that is fully functional.

To call bitshares 1.0 a test network is frankly absurd. No one else believes that.
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Offline Helikopterben

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You do realize you are talking about a test network that won't even be operational in a couple months?

Maybe I understand this totally wrong...
Just to be clear: are you saying there's not testnet available at the moment? Only the production network?

Perhaps I shouldn't call it a test network because all assets are real assets that will be transferred over to 2.0, but for functionality purposes, bitshares 1.0 has become the first test network.  The point is that you shouldn't compare liquidity on a network that no one really uses any more and won't exist in 2-3 months with a network that is fully functional.