Author Topic: Potential BitShares Road Map for 2016  (Read 29184 times)

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Offline abit

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@Akado new thoughts about bond market is here: https://bitsharestalk.org/index.php/topic,21700.0.html

BM also mentioned EVM in last week's mumble hangout.
« Last Edit: February 29, 2016, 10:53:01 am by abit »
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Offline abit

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bump.
@jakub will you have time to update the sticky roadmap?
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Offline Akado

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Can we put autobridging on the roadmap? It doesnt sound too hard to allow market pegged assets to be swapped via BTS. The impression of added liquidity that it would give to BTC:USD would be huge.

I guess so, though I would prefer if there was some more discussion first and see community input first. These ones seem to have some support already and some discussions, that's why I placed them there.

If you could start a thread it and we figured out a way of how to implement it, it's costs, etc and it was supported I would gladly add that on the OP. As of now it doesn't make much sense I think. I only recall one recent thread about it but it didn't seem to get much attention unfortunately.
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Offline cylonmaker2053

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Maker/Taker <-- +5%
This is the first of many new proposals that don't cost the BTS stakeholders much of anything to get powerful new features.  In this case all the stakeholders must do is grant permission for a hardfork that implements a new feature.  100% of the new feature is self funded. 
https://bitsharestalk.org/index.php?topic=20482.0
https://github.com/cryptonomex/graphene/issues/475

Rate Limited Fees <-- +5% +5% especially the weighting by transaction frequency
Free transactions proportional to user's stake and transaction frequency
http://bytemaster.github.io/article/2016/02/10/How-to-build-a-decentralized-application-without-fees/
https://bitsharestalk.org/index.php/topic,21462.0.html

Negative Fees <-- +5% i support any plans to support liquidity
As a mean of Subsidizing Market Liquidity. Allows people to get paid for orders sitting on the order books for more than 24 hours for example. This is done to prevent abuse and people buying/selling to themselves. A worker is needed for a specific market. This worker will pay for this negative fees. I think this could be seen as a loan, we pay now, to increase liquidity which will reward BitShares later.
https://bitsharestalk.org/index.php/topic,21544.0.html

Sidechains <-- OK, but i'm more a fan of supporting anything to do with the trading experience
Sidechain of Bitcoin and Ethereum. Bitcoin could be used as collateral for example.
https://bitsharestalk.org/index.php/topic,21263.0.html

Bond Market <-- +5% +5% +5% +5% +5% +5% VERY MUCH SUPPORT, esp idea of a Bitshares bond recycling fees as interest/dividends
Seems to have been delayed. In order to properly work needs deep market depth. We are not there yet.

This week's hangout covers these topics and I suggest you to listen to it (2016-02-19). Check it here https://bitsharestalk.org/index.php/topic,21540.msg280450.html#msg280450 thanks to @BitShares News

Offline speedy

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Can we put autobridging on the roadmap? It doesnt sound too hard to allow market pegged assets to be swapped via BTS. The impression of added liquidity that it would give to BTC:USD would be huge.

Offline Akado

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It seems after all these years BitShares finally has a roadmap  :P not one set in stone but at least we have something to show. Adding this to the website would be nice.

We finally have an objective. A path to follow. Something that can give people confidence of what comes next, hence all the positive discussions we've been having lately. BitShares was lacking that.

Btw @bytemaster if you could edit my post or even create a blog post if you manage to have the time, about the usage of sidechains with Bitcoin and Ethereum would be real nice. It seems very interesting! I would like to have more info on that and think it would be very useful. Moreover people from the outside would finally get the perception we are not in the "bubble" they think we are.
« Last Edit: February 19, 2016, 11:26:25 pm by Akado »
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Offline bytemaster

Thank you for summarizing the Road Map for everyone.

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline Akado

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This is just a list of stuff that have been discussed lately, that may or may not be implemented and in no particular order, now that stealth seems to be done. Before any of this is implemented it needs shareholder approval. Some info, namely estimated costs have been taken from here https://bitshares.org/roadmap.html Note that these might have changed

Maker/Taker
This is the first of many new proposals that don't cost the BTS stakeholders much of anything to get powerful new features.  In this case all the stakeholders must do is grant permission for a hardfork that implements a new feature.  100% of the new feature is self funded. 
https://bitsharestalk.org/index.php?topic=20482.0
https://github.com/cryptonomex/graphene/issues/475
Status: Needs further discussion
Possible Developer: CNX
Estimated Cost of Development and Implementation: 100000 BTS
Estimated Time of Development and Implementation: -

Rate Limited Fees
Free transactions proportional to user's stake and transaction frequency
http://bytemaster.github.io/article/2016/02/10/How-to-build-a-decentralized-application-without-fees/
https://bitsharestalk.org/index.php/topic,21462.0.html
Status: Ongoing
Possible Developer: abit
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: -

Negative Fees
As a mean of Subsidizing Market Liquidity. Allows people to get paid for orders sitting on the order books for more than 24 hours for example. This is done to prevent abuse and people buying/selling to themselves. A worker is needed for a specific market. This worker will pay for this negative fees. I think this could be seen as a loan, we pay now, to increase liquidity which will reward BitShares later.
https://bitsharestalk.org/index.php/topic,21544.0.html
Status: Needs further discussion
Possible Developer: -
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: -

Bitcoin Sidechain
Bitcoin could be used as collateral for example. It is speculated this would help improve liquidity as atm collateral for MPAs is currently ~200% and with Sidechains, collateral would be reduced to 100%. More MPAs on the market as its creation would have less restrictions.
https://bitsharestalk.org/index.php/topic,21263.0.html
Status: Needs further discussion
Possible Developer: CNX
Estimated Cost of Development and Implementation: $200000
Estimated Time of Development and Implementation: 3 months

Bond Market
Seems to have been delayed. In order to properly work needs deep market depth. We are not there yet.
Update: on the 2016-02-26 Hangout, @bytemaster mentioned he would start to work on a Bond Market proposal. Discussion here: https://bitsharestalk.org/index.php/topic,21700.0.html
Status: Needs further discussion
Possible Developer: CNX
Estimated Cost of Development and Implementation: $60000
Estimated Time of Development and Implementation: -

Moonstone Wallet
Currently waiting to be released!
Practically no Fees, Integrated Market with External Exchanges, One Click Sign Up to External Exchanges, Secure Client Side Encryption, Live Updating Interface, Ability to make your Own Backups  - https://moonstone.io/
Status: Ongoing
Developer: Bitsapphire
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: Soon

MKR and DAI Focused BitShares Front End
https://bitsharestalk.org/index.php/topic,21778.msg283693.html#msg283693
Status: -
Possible Developer: Nexus
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: -

Smartcoins Point Of Sale (POS) & BitShares Wallet for Android/iPhone
Wallet currently being submitted for approval on app stores
https://bitsharestalk.org/index.php/topic,20762.0.html
Status: Ongoing
Developer: BitShares Munich
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: -

MetaTrader4 Integration
The key feature of MT4 is the ability to buy, create and run your own trading bots - this is a massive source of liquidity and trading volume and there are vast libraries of such bots available on the metatrader marketplace https://www.mql5.com/en/market/mt4
https://bitsharestalk.org/index.php/topic,19816.0.html
Status: Needs further discussion
Possible Developer: -
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: -

Autobridging
The BTC → BTS and BTS → USD can be synthesized into a synthetic BTC → USD. The real and synthetic BTC → USD order books can be be further synthesized into single combined order book.
https://bitsharestalk.org/index.php/topic,21781.0.html
Status: Needs further discussion
Possible Developer: -
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: -

Bitshares Blockchain to be available in Microsoft Azure
https://bitsharestalk.org/index.php/topic,21115.msg282759.html#msg282759
Status: Ongoing
Developer: Fox
Estimated Cost of Development and Implementation: -
Estimated Time of Development and Implementation: Soon

Others:
- Ethereum Virtual Machine. Ethereum Contracts, but faster.


This week's hangout covers these topics and I suggest you to listen to it (2016-02-19). Check it here https://bitsharestalk.org/index.php/topic,21540.msg280450.html#msg280450 thanks to @BitShares News
« Last Edit: March 06, 2016, 06:25:07 pm by Akado »
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