Quote from: Riverhead on October 28, 2015, 03:29:42 am

Think of how Bitshares is governed by voting for witnesses, committee members, worker proposals. Now what if you wanted to ipo on the dex but needed the ability for voting shares for the same reasons? Mostly picking a board of directors and/or voting on their proposals.

Almost all publicly traded companies have voting and non voting shares, sometimes referred to as class A and class B shares.

UIA voting opens the dex to a whole new class of companies.

I see.
We have the great honor to be the first having it, 10 mo. before it is needed....having it 12 mo. before we decided bitUSD should not be forced to be worth 1.10, just cause BM likes his own experiments...12 before the GUI is usable by any sane or not insanely dedicated person.

And I do think this deserves a good  'wwwwwwwwwwwwooooooooooooooooohhhhhhhhhhhhhhhhaaaaaaaaaaaaaahhhhhhhhhhhhhhhh' for good prioritizing!

Bitshares is the first to do a lot of stuff but I see no advertising of that on the website. It would strengthen the brand if we talk more about the innovations the Bitshares community has given to the world. No other community has been even close to as innovative.

And every time someone copies Bitshares it still means Bitshares was first. The first crypto-merger, the first conceptualization of a profitable DAC, DPOS, pegged assets,  and many many more. Now proxy voting UIAs.

Hello,

I'm David from the IOTA project (www.iotatoken.com). In short: iota is a lightweight, blockless micro-transactions token aimed specifically at Internet-of-Things (IoT). My co-founder, Come-from-Beyond, posed a few questions here a couple weeks back regarding Bitshares 2.0 and micro-transactions in this thread: https://bitsharestalk.org/index.php/topic,18784.0.html

It seems that Bitshares is not aiming for micro-transactions and instead focusing on its strengths. One of IOTA's goals is to find overlap and collaborate with the serious blockchain projects as we see no reason to 'compete', instead we rather compliment the blockchain projects.

I am opening this thread to start discussion about how IOTA and Bitshares can find  some overlapping use-cases which will benefit both projects.

Come From Beyond is a prolific Bitcointalk personality. I've interacted with the person before on several occasions. https://bitcointalk.org/index.php?action=profile;u=46556

My thoughts are that microtransactions may be possible through payment channels or something like off-chain transactions, but due to the necessarily higher than average transaction fees and the design of Bitshares to be a decentralized exchange it might not be as good at doing on-chain microtransactions.

This is a disappointment to me because I think microtransactions are critical to getting more people and things into the economy, but I also realize that it's not really about what I want. It's about what is best for Bitshares in the here and now.

Bitshares at this time needs to focus on being a good exchange more than it needs to focus on handling microtransactions or being a good digital currency service. Centralized exchanges keep getting hacked or arbitrarily shut down. Microtransactions could still be possible even with an optimized Bitshares, but it's a question of how.

As well as being far too long, if I paste that URL on reddit to try to share how great our exchange is, it will immediately get buried as altcoin spam.

Everyone still thinks that an exchange can only be provided by a private entity, so thats what they expect to use. Like it or not, BitShares has not yet established itself as an exchange - its just an altcoin to most people. Dont believe me check out the price.

That site is provided by CCEDK, so why didnt they promote the webwallet under their own name? trade.ccedk.com / wallet.ccedk.com would have been MUCH better.

After the bond market is released and people are asking on reddit "How do I short Bitcoin?", you think Im going to paste the URL bitshares.openledger.info ? No I will get buried to oblivion. I would however paste the url trade.ccedk.com

I hope that when Banx sets up their webwallet, they wont make the same amateurish mistakes.

Perceptions matter.

I agree with everything said here. We need higher quality URLs for the referral program.

I think people will pay only if you can prove it works, by showing us some data, some a/b type testing, statistics, but in general we do need an information network.

Politicians collect data on demographics they serve and so should we, so if your funnels are data rich, provide us with actionable information, then yes I could see myself paying $98 for it at some point.

Information is very very important, and to have access to demographic information is valuable enough that people would pay for it and you could make plenty of money.

To be honest, I was sure, that there will be at least some video describing what bitshares 2.0 is, and how it works.

Where is the video?

The bond market also would appeal to developing countries. We can lend to people globally from rich countries to poor countries where the loan actually make a difference.

Lifetime membership is $100 give or take? We should be able to give lifetime membership as a gift or perhaps loan lifetime membership to others. Is this possible?

A well funded referral program can bring in new users through marketing. Max Wright is who we should be listening to when it comes to referral marketing because he is a community leader in that space.

But! Any exchange which is currently centralized can switch to decentralized and bring thousands of users over night. They need an incentive to do that.

Are all transactions equal or do some transactions contribute more to revenue than others?
If all transactions are not equal then insignificant transactions could boost the TPS artificially and ruin the metric.

That is why in my version of a similar idea I propose the metric be based around profitability statistics. TPS is based around resource utilization which does matter but it's not the only thing that matters and it can be possibly gamed by bots. It also could create an incentive for people to not want TPS to ever reach a high number?

Instead if it's based around profitability, and fees go down as BTS 2.0 becomes more profitable, there is incentive to make BTS 2.0 as profitable as we can as quickly as we can.