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Offline coolspeed

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Dan: Bitshares X earn 5% or more on Ether
« on: January 25, 2014, 07:02:42 AM »

bytemaster: Bitshares X earn 5% or more on Ether
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #1 on: January 25, 2014, 07:35:48 AM »
"In the medium term, I personally am more worried about the possibility that Ethereum's disk and computational load will be too high; I think that is the more pressing question that we at the Ethereum team are more focused on." - Vitalik Buterin



> Will a database of child porn be able to be stored?  If there is child porn stored on the blockchain that is easily accessible, will it be legal to store the blockchain in any country? 

Vitalik Buterin: Just like Bitcoin, the memory fees are prohibitively high to store a JPEG.



Vitalik Buterin:  We will switch our PoW from Dagger to a hybrid PoW/PoS system to be developed via a bountied competition conducted by our university partners and open to the general community for participation.

« Last Edit: January 25, 2014, 08:25:18 AM by coolspeed »
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Offline her0

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #2 on: January 25, 2014, 12:31:35 PM »
那到底给不给挖矿了?eth是先挖再转pos?

Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #3 on: January 25, 2014, 12:33:01 PM »
那到底给不给挖矿了?eth是先挖再转pos?

给挖矿。
持续混动。
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #4 on: January 27, 2014, 11:45:03 AM »
bytemaster: Everyone who contributes funds (ethereum) is diluted 33% in the genesis block, 50% by the end of the first year, 66% in 3 years and over 80% in 10 years.
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Offline mtang

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #5 on: January 27, 2014, 11:52:03 AM »
原帖地址?还是会上口说的?
bytemaster: Everyone who contributes funds (ethereum) is diluted 33% in the genesis block, 50% by the end of the first year, 66% in 3 years and over 80% in 10 years.
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #6 on: January 28, 2014, 06:17:15 AM »
原帖地址?还是会上口说的?
bytemaster: Everyone who contributes funds (ethereum) is diluted 33% in the genesis block, 50% by the end of the first year, 66% in 3 years and over 80% in 10 years.

原帖地址:
https://bitsharestalk.org/index.php?topic=2427.msg29986#msg29986
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Offline Amazon

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #7 on: January 28, 2014, 06:20:14 AM »
而且投fund获得的Ether会被lock一年不能交易,Vitalik自己会上说的
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #8 on: February 01, 2014, 09:55:07 AM »
bytemaster:

BitShares have a "Turing Complete" library for building new DACs, called C++.  It will enable people to build and launch cheaper, more efficient DACs. 

We can also implement their "Turning Complete" scripting language on top of our platform.
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #9 on: February 01, 2014, 09:57:00 AM »
bytemaster:

BitShares have a "Turing Complete" library for building new DACs, called C++.  It will enable people to build and launch cheaper, more efficient DACs. 

We can also implement their "Turning Complete" scripting language on top of our platform.

话说 fork 他们的 ethereum language interpreter 到 BTS 生态系统是分分钟的事啊。
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #10 on: February 01, 2014, 10:15:38 AM »
CEO Stan 也懂技术啊,他纠正 bytemaster 说 C++ 不是 library 而是语言。
https://bitsharestalk.org/index.php?topic=2668.msg33202#msg33202

Stan:

Thus, the term "Turing Complete" is just saying that the functions on the block chain are programmable.

This would be important if you were trying to make "one chain to rule them all."

But with our approach, every application can have its own chain and therefore be light-weight, efficient, and independent of the problems of co-existing on the same chain with many different applications.

The only reason to pile lots of applications on one chain is if you are stuck on mining and are worried about having enough mining horsepower to resist attack.  Little DACs team up to collectively have Big DAC Power.

But if you don't mine and therefore don't need Big DAC Power, why exactly would you want to put your DAC's fate in the hands of the collective?

« Last Edit: February 01, 2014, 10:24:39 AM by coolspeed »
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Offline coolspeed

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #11 on: February 01, 2014, 12:35:20 PM »
bytemaster:
https://bitsharestalk.org/index.php?topic=2671.0

There are two things that need to happen for a block chain to function:

1) Select the transactions that should be included in the next block
2) Make the transaction history irreversible.

#1 can be accomplished using "consensus" though I am tweaking Ripple's algorithm a bit and calling it Unity. 
#2 can be accomplished by using coin days destroyed to make the longest chain irreversible even by the nodes on the Unique Node List

The code will be fully implemented this week for both Unity and Proof of Stake
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Offline mtang

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #12 on: February 01, 2014, 12:57:06 PM »
这周代码就能结束,看来228相当靠谱

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Re: Dan: Bitshares X earn 5% or more on Ether
« Reply #13 on: February 01, 2014, 02:54:42 PM »
这周代码就能结束,看来228相当靠谱

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期待。目前市场响应有限,但随着228的接近且官方消息及代码进度越来越靠谱,市场一定会有大波动,尤其228前后,会很有趣。 :D :D
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