Rune, you don't shy away from bold ideas and controversy, do you? I think it's very important to keep these two groups talking with one another and hopefully sharing their potential for synergy.
Q: Has Ethereum acknowledged that BitAssets are the best way to solve the volatility problem as well as the exchange counterparty risk problem?
Q: Has Ethereum acknowledged that a blockchain needs to have an efficient consensus mechanism that doesnt burn wealth from the stake holders, or are they still lazily clinging on to mining?
Q: Is Ether going to be tied up as 300% collateral for dozens of BitAssets?If someone bothers to copy bitassets, then yep.
Btw Gavin already wrote a blog post saying "no mergers".
* Dapps follow a "long tail" distribution, and we've identified the 3 or 4 dapps that will probably represent a majority of the money to be made in this space. Lets focus on winning network affect with bitassets and getting people's online IDs on our system
LOL, great job @ the shamless pumper who submitted this to r/ethereum. You sure know how to ruin our reputation in the space.
LOL, great job @ the shamless pumper who submitted this to r/ethereum. You sure know how to ruin our reputation in the space.
Lol... Ultimately the ethereum community is as money hungry as every other coin... Should I delete OP?
QuoteQ: Has Ethereum acknowledged that BitAssets are the best way to solve the volatility problem as well as the exchange counterparty risk problem?
Ethereum won't have to acknowledge this for market pegged assets to come into existence. If you already have a functional exchange, it's gonna be pretty easy to code market pegged assets into it.
Even BitShares would eventually have to be reinvented as a turing complete block chain, and the hard coded market pegged assets would likely have to be replaced by scripted MPA's, in order to streamline and optimize everything.
Before I bothered to understand it, I'd always imagined that Ethereum, as this "gimmick turing complete fancy little block chain for nerds", would end up becoming a sidechain of BitShares, where all the useful stuff could then be put on the primary BitShares block chain.
LOL, great job @ the shamless pumper who submitted this to r/ethereum. You sure know how to ruin our reputation in the space.
Lol... Ultimately the ethereum community is as money hungry as every other coin... Should I delete OP?
No, but if you can't tell the difference between this thread and the thing posted to reddit then you should contain your opinions to this forum
LOL, great job @ the shamless pumper who submitted this to r/ethereum. You sure know how to ruin our reputation in the space.
Lol... Ultimately the ethereum community is as money hungry as every other coin... Should I delete OP?
No, but if you can't tell the difference between this thread and the thing posted to reddit then you should contain your opinions to this forum
I can't find anything like this on reddit? Got worried for a moment someone linked directly to this post as proof that bitshares is bad. Gonna remove the text anyway to make sure it doesn't happen.
I disagree with this. You don't want to put everything on the slow VM. You want certain things written natively so that they are accelerated. Certainly there is a huge place for Turing complete scripts, but there is also an important place for native features. I think what is really important is to have a good method of coming to consensus on feature upgrades that are requested to be developed, and then a binding way to vote for the hard fork features to activate on the blockchain (this would obviously only happen after enough people have upgraded to the new clients supporting those features).
If someone wants to read the post they can PM me. On second thought I was being overly negative and it's not the kind of stuff we want posted directly in our general discussion. It's one of those ideas I had and was compelled to write out, but now I've already written it there's no need for it anymore (because honestly, the chances of a merger are.. yeah). The discussion can still continue, random people just shouldn't be exposed to a wall of text that can be interpreted as bearish.
I say dont delete this post.
Here is another question: Can EtherUSD capture its transaction fees and return them to EtherUSD holders as yield? Or are they just sent into the mining vortex as usual? Again switching to PoS at a later date is another reason why BitShares does BitAssets more cleanly.
Would love to know what Charles thinks.
If someone wants to read the post they can PM me. On second thought I was being overly negative and it's not the kind of stuff we want posted directly in our general discussion. It's one of those ideas I had and was compelled to write out, but now I've already written it there's no need for it anymore (because honestly, the chances of a merger are.. yeah). The discussion can still continue, random people just shouldn't be exposed to a wall of text that can be interpreted as bearish.
to be clear I don't think removing it was necessary at all, and its a good conversation
My advice is to focus on you own ecosystem and implement smart contracts via codius.
My advice is to focus on you own ecosystem and implement smart contracts via codius.
Every delegate could run a codius node as well and have a market for smart contract computation. It's one of the advantages that bitshares has thanks to DPOS. You have service providers that can extend the protocol.
One of our biggest assets is our creative agility.
Merging with any other big community (whether Overstock, or Ethereum, or Disney) would destroy that.
Oh look, Newmine made a post linking to this. "Bitshares Community proposes Ethereum merger realizing they arent good enough".Lol. Only because you didn't like the reddit link, which was not me by the way.
Lol.
Newmine's next post on bitcointalk will probably now be "Greedy Bitshares Devs want to merge with Ethereum". :P
Newmine's next post on bitcointalk will probably now be "Greedy Bitshares Devs want to merge with Ethereum". :P
No it was, https://bitcointalk.org/index.php?topic=918505.0
'BitShares community proposes Ethereum merger realising they aren't good enough.' :P
His posts are so over the top, I find them pretty entertaining.
What I don't understand is this demand to integrate technology that many don't fully understand, is still bleeding edge and untested, and also doesn't overlap with any of the current business objectives of your current ecosystem. Ethereum is totally different from Bitshares. Integrating it doesn't add value to your ecosystem, it just distracts the developers from building a STABLE CLIENT AND PROTOCOL as well as demonstrating your core value proposition (you know that BitUSD stuff) actually works and is ready for mainstream adoption.
There is a much better technology for chains seeking to add smart contract functionality namely codius. Also you should consider OT as you have an ample supply of delegates to run the tech. But by all means, like Kim Dotcom, go chase the hype at the expense of execution and credibility. The project has already blown 4 million dollars, why not another 4 or so?
What I don't understand is this demand to integrate technology that many don't fully understand, is still bleeding edge and untested, and also doesn't overlap with any of the current business objectives of your current ecosystem. Ethereum is totally different from Bitshares. Integrating it doesn't add value to your ecosystem, it just distracts the developers from building a STABLE CLIENT AND PROTOCOL as well as demonstrating your core value proposition (you know that BitUSD stuff) actually works and is ready for mainstream adoption.
There is a much better technology for chains seeking to add smart contract functionality namely codius. Also you should consider OT as you have an ample supply of delegates to run the tech. But by all means, like Kim Dotcom, go chase the hype at the expense of execution and credibility. The project has already blown 4 million dollars, why not another 4 or so?
If developers can be paid to do it why not do it? There is money to be spent through inflation so why not focus on integration as a side project? Two developers could probably do it with support.
I don't mind they mention bitshares in a negative way, let them mention us where ever they can !!! Just be careful spelling/writing it right guys ... :)
bitshares
BitShares
both are accepted
PS @Newmine
a) I suggest you use our latest referral link ability
b)have you ever thought to campaign for a 100% payrate delegate? (I am not joking )
Sent from my ALCATEL ONE TOUCH 997D
I don't mind they mention bitshares in a negative way, let them mention us where ever they can !!! Just be careful spelling/writing it right guys ... :)
bitshares
BitShares
both are accepted
PS @Newmine
a) I suggest you use our latest referral link ability
b)have you ever thought to campaign for a 100% payrate delegate? (I am not joking )
Sent from my ALCATEL ONE TOUCH 997D
60K for registration is a bit much. Besides, no one would vote for me for any reason. Ever.
In the meantime I am working on a "sharedrop" for those of us who didn't get millions handed to us. ;)