First post: Hello world,Hello ME

[bytemaster]

I am contemplating different issuance models... currently the number of unique types of shares that can be issued per chain is limited to 2^16 or about 65K.

In this sense the ability to issue shares is a limited resource.   I am thinking of limiting it to one new type per block maximum and thus who ever paid the highest transaction fee would get their shares issued first.

Might be worth considering a share-name expiration time also. If someone issues the name "urple" and then never does anything with it, let it expire.

issuer.issuance.expirationdate

Luckybit.Luckyshares.09132014 for example.

I would want to be able to set my vouchers to expire at predetermined dates in some cases.

Shares are another matter, but a share can also act as a voucher.

You could come up with a ticker but internally you would want to store it differently.
If space runs out on 4 letters, just add another letter. If that doesn't work then add a dot, a date, an issuer, and so on.

That is what Counterparty intends to do.

Storing bulky names would just be wasting space in the blockchain, share types are represented by integers.   The issuer of the shares / tickets / etc would be responsible for naming them outside the system.   

[luckybit]

I am contemplating different issuance models... currently the number of unique types of shares that can be issued per chain is limited to 2^16 or about 65K.

In this sense the ability to issue shares is a limited resource.   I am thinking of limiting it to one new type per block maximum and thus who ever paid the highest transaction fee would get their shares issued first.

Might be worth considering a share-name expiration time also. If someone issues the name "urple" and then never does anything with it, let it expire.

issuer.issuance.expirationdate

Luckybit.Luckyshares.09132014 for example.

I would want to be able to set my vouchers to expire at predetermined dates in some cases.

Shares are another matter, but a share can also act as a voucher.

You could come up with a ticker but internally you would want to store it differently.
If space runs out on 4 letters, just add another letter. If that doesn't work then add a dot, a date, an issuer, and so on.

That is what Counterparty intends to do.

[ssjpts]

 +5% +5% +5%

[bitbro]

So when will be the snapshot take place for this particular DAC? any timeframe?

We have learned it is always bad to give any time estimates since it somehow turns into a promise in some people's minds.

In any event, it is up to the five teams of developers who will be having a friendly competition called "Don't Be Last!"

:)

Good call. When Apple announces a product it goes like this:
"Today we are announcing our really awesome new toy! And you can buy from us right now!"
Best not to announce a date until it's truly ready. If I'm not mistaken just about everything in the pipeline is expected to be ready in the Spring... ish.  :)

...oh and one more thing... ;)

Jobs was a legend. Next in line ... Brian Page


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[MrJeans]

So when will be the snapshot take place for this particular DAC? any timeframe?

We have learned it is always bad to give any time estimates since it somehow turns into a promise in some people's minds.

In any event, it is up to the five teams of developers who will be having a friendly competition called "Don't Be Last!"

:)

Good call. When Apple announces a product it goes like this:
"Today we are announcing our really awesome new toy! And you can buy from us right now!"
Best not to announce a date until it's truly ready. If I'm not mistaken just about everything in the pipeline is expected to be ready in the Spring... ish.  :)

...oh and one more thing... ;)

[bdnoble]

So when will be the snapshot take place for this particular DAC? any timeframe?

We have learned it is always bad to give any time estimates since it somehow turns into a promise in some people's minds.

In any event, it is up to the five teams of developers who will be having a friendly competition called "Don't Be Last!"

:)

Good call. When Apple announces a product it goes like this:
"Today we are announcing our really awesome new toy! And you can buy from us right now!"
Best not to announce a date until it's truly ready. If I'm not mistaken just about everything in the pipeline is expected to be ready in the Spring... ish.  :)

[bytemaster]

I am contemplating different issuance models... currently the number of unique types of shares that can be issued per chain is limited to 2^16 or about 65K.

In this sense the ability to issue shares is a limited resource.   I am thinking of limiting it to one new type per block maximum and thus who ever paid the highest transaction fee would get their shares issued first.

Might be worth considering a share-name expiration time also. If someone issues the name "urple" and then never does anything with it, let it expire.

If you do not renew it annually (basic per-byte trx fee) then it expires.

[biophil]

I am contemplating different issuance models... currently the number of unique types of shares that can be issued per chain is limited to 2^16 or about 65K.

In this sense the ability to issue shares is a limited resource.   I am thinking of limiting it to one new type per block maximum and thus who ever paid the highest transaction fee would get their shares issued first.

Might be worth considering a share-name expiration time also. If someone issues the name "urple" and then never does anything with it, let it expire.

[Overthetop]

We are waiting for the White Paper of Bitshares Me ... :)

[sklye]

hello ME +5%

[fuzzy]

Hello BitShares ME!

[dexinwong]

 +5% +5%

[lzr1900]

Reserve my name:D

[bytemaster]

I am contemplating different issuance models... currently the number of unique types of shares that can be issued per chain is limited to 2^16 or about 65K.

In this sense the ability to issue shares is a limited resource.   I am thinking of limiting it to one new type per block maximum and thus who ever paid the highest transaction fee would get their shares issued first.

[bubbler]

mark!  I am waiting for btsx.