2491
Random Discussion / Re: cryptocurrency forums filters
« on: February 14, 2014, 11:54:00 am »
Cool.
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2492
General Discussion / Re: Ethereum IPOIPO
« on: February 13, 2014, 05:56:49 pm »
Interesting. And ridiculous.
What is there to say?
What is there to say?
2493
General Discussion / Re: DAC taxonomy and evaluation
« on: February 13, 2014, 03:09:25 pm »
Great. Edited more. 
2494
Marketplace / Re: 2000 PTS - Browser Based BitShares Wallet [TO BE DEFINED]
« on: February 13, 2014, 02:50:44 pm »servers in a private bunker in the Swiss alps.
Too cool.
2495
General Discussion / Re: New List of all Crypto-Currencies
« on: February 12, 2014, 09:27:29 pm »
Excellent.
2496
General Discussion / Re: Estimated Price of 1 Bitshare
« on: February 12, 2014, 06:24:07 pm »
Here we go.. 
2497
General Discussion / Re: DAC taxonomy and evaluation
« on: February 12, 2014, 06:19:22 pm »
Good. Edited.
2498
General Discussion / Re: Obi-Wan Keyhotee
« on: February 12, 2014, 06:17:21 pm »
Great work 38PTSWarrior! 
2499
General Discussion / Re: VC DAC
« on: February 12, 2014, 06:12:12 pm »
Watson a few years from now, perhaps
2500
General Discussion / Re: Thoughts on Prediction-Markets (Brain Analogy)
« on: February 12, 2014, 12:55:23 pm »To what extent is it possible to generalize this to collect any empirical information? I've only seen this thread on the matter so far.
A Sensor DAC could work so long as their was a prediction market attached to each sensor that predicted the reliability of that sensor. The sensor would publish a signed data feed and the market would price the trustworthiness of that feed.
Anyone with a competing Sensor could then have an automated trading bot that attempts to gain first-mover advantage by shorting other sensors that disagree with it.
Allow anyone to setup automated trading bots that attempt to make money detecting bad sensors and the DAC would have a valid, trustworthy set of data feeds.
Great! That's.. will work for any set of data feeds.
It will work for active data feeds where users query for information.
It will work for active and passive data feeds about confidential information.
..
..
A source of information combined with pricing of trustworthiness!
2501
General Discussion / Re: The 10 Natural Laws of the Crypto Universe
« on: February 12, 2014, 12:35:06 pm »
Very good!
2502
General Discussion / DAC analysis and evaluation
« on: February 12, 2014, 12:30:52 pm »
DACs currently have a set of metaphors and a few use cases that spring to mind whenever one tries to think their general nature. Could we enhance our creativity by looking at prominent components and perhaps develop a metaphor for each one? Furthermore, how do we evaluate these innovative DACs?
Suggestions welcome!
DAC analysis
0) Storing information.
- Securely, and in a distributed fashion! Namecoin, torrent trackers..
1) Storing information-property.
- Secure, distributed with unique, private access. Information as a commodity.
2) Consigning information-property to a set of rules.
- Time lock information-property, gamble with it.
3) Exchanging information-property.
- Trade information like a commodity.
4) Predicting information.
- Predicts the answer to any question.
5) Providing (even empirical) information.
- Data feeds; weather information, confidential information, answers to factual questions.
6) Using empirical information to create pseudo-empirical information-property.
- Bitshares X turning the value of the dollar into information-property with the value of the dollar. Patent DACs turning ideas into information-property that can be invested in.
7) ...
DAC evaluation
Suggestions welcome!
DAC analysis
0) Storing information.
- Securely, and in a distributed fashion! Namecoin, torrent trackers..
1) Storing information-property.
- Secure, distributed with unique, private access. Information as a commodity.
2) Consigning information-property to a set of rules.
- Time lock information-property, gamble with it.
3) Exchanging information-property.
- Trade information like a commodity.
4) Predicting information.
- Predicts the answer to any question.
5) Providing (even empirical) information.
- Data feeds; weather information, confidential information, answers to factual questions.
6) Using empirical information to create pseudo-empirical information-property.
- Bitshares X turning the value of the dollar into information-property with the value of the dollar. Patent DACs turning ideas into information-property that can be invested in.
7) ...
DAC evaluation
My evaluation of DACs starts with:..
1) Business Model
- all dacs have one primary business model, transactions
- so a business model is really a set of transactions supported
2) Profitability (same business model can have different levels of profit)
3) Security Model (POW vs POS vs Consensus)
4) Scalability
5) Economic Principles
- free market, socialist, anti-hoarding, voting
Then there is the tools available to DACs:..
1) Market Mechanisms (prediction markets and trading algorithms)
2) Auctions
3) Issuing Shares
4) Dividends
5) Nash Equilibrium
6) Multisig
7) Swaps
8.) Options
9) Interest
2503
General Discussion / Re: Open survey for the most popular DAC ideas.
« on: February 12, 2014, 12:26:42 pm »
Very good! Was just about to create a "Top 5 DACs" thread.
In addition we need metrics to evaluate DACs and taxonomies of different DACs. I'll post that in a different thread. I'll list my Top 5 DACs here!
Top 5 DACs
Gambling DAC - High tech slot machines!
Bitshares X - Converting real property into virtual property? Impossible!
Patent DAC - Turning any idea, song, show into information-property one can invest in.
Sensor DAC - Providing accurate active/passive data feeds of ALL types of information.
Consensus DAC - How the hell do we intelligently integrate lots of information?
In addition we need metrics to evaluate DACs and taxonomies of different DACs. I'll post that in a different thread. I'll list my Top 5 DACs here!
Top 5 DACs
Gambling DAC - High tech slot machines!
Bitshares X - Converting real property into virtual property? Impossible!
Patent DAC - Turning any idea, song, show into information-property one can invest in.
Sensor DAC - Providing accurate active/passive data feeds of ALL types of information.
Consensus DAC - How the hell do we intelligently integrate lots of information?
2504
Keyhotee / Re: Keyhotee Founder ID Registration Process
« on: February 11, 2014, 08:45:13 pm »
Whuups - Invalid ID/FunderKey pair,
I did something wrong? I filled out the form what feels like one moon ago.
I did something wrong? I filled out the form what feels like one moon ago.
2505
General Discussion / Re: VC DAC
« on: February 11, 2014, 03:11:46 pm »QuoteWhen you create a DAC with Bitshares you have 100% of the shares to allocate to the potential users. If you promise to allocate 20% of these shares, 10% to AGS (AngelShares) and 10% to PTS (ProtoShares) you get the services listed, plus a lot of support from the community.
When does the promise have to be made? Do I wait to allocate the 20% until such time as I am ready for the services?
You want the promise to be made when the community inspects your proposal, i.e. when all eyes are on you to determine if your idea is plausible or not. The community will likely inspect your proposal more favorably and closely if you put in bold that you allocate 20% to their AGS/PTS. If the community embraces your idea/business model and it's a good one, Invictus will probably help you directly.
See how bytemaster proposed to fund the backend DAC for this music business here for instance. I suggest you spend the better part of a day or two writing up your idea/proposal/business-model and create a new thread in the alternative DACs subsection of the forum, and call the thread something like "AGS/PTS honoring X DAC" where X is the name of your DAC.
Make it clean and easy to understand. Also it doesn't hurt to say a little bit about how you will spend the immediate next few weeks. E.g. interacting with the community, coming into contact with people, refining your plan, writing up a whitepaper etc.
