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Messages - Samupaha

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181
I don't think there is a need for a feature to do this. Worker proposals are the way to go both ways: either to add a new feature or to remove an old one.

182
Technical Support / Voting doesn't work
« on: February 20, 2016, 07:41:27 am »
When I try to publish my votes, nothing happens (no popup window to confirm votes). This happens with precompiled deb-package of light wallet. I tried downgrading it to 160203 and 160127 but the bug still exists.

I have Ubuntu 14.04 LTS.

183
I think it would be best if there is not a separate worker proposal for marketing video but instead some part of the actual worker proposal funds for this feature would be pointed for the video. We could probably also raise some sum with donations, at least I could give something like $20 for this.

184
General Discussion / Re: Time to kill the Graphene name.
« on: February 19, 2016, 02:29:11 pm »
BitShares doesn't need to use the Graphene name in its marketing, but Cryptonomex does.

Yep. I don't remember any time that I have used "Graphene" when telling about Bitshares to somebody new. It's relevant only to people who are interested in creating another blockchain.

185
Random Discussion / Two Malthusian scares
« on: February 18, 2016, 05:54:54 pm »
Nick Szabo's newest blogpost: Two Malthusian scares

"For in reality, post-gold-standard prices for industrial commodities are not driven purely, or often even mostly, by industrial demand being met by appropriate changes in material supply.  Instead, both supply and demand curves have been warped by a new role for the major industrial commodities -- they are no longer purely commodities; the are in part also money."

"During the Bretton Woods era the U.S. dollar, pegged to gold at $35 an ounce, served the entire free world as a common and reliable standard of value.  The transition from Bretton Woods to floating rates left the world with no common and reliable standard of value by which to guarantee future real returns on contracts or investments.  As a result the most commonly traded commodities, and especially geopolitical commodities such as oil and phosphates, became Mengerian intermediate commodities, with a price premium as a store of value that waxed and waned with the weighted expected inflation among the world's various floating currencies. As a result, the prices of these commodities are much more volatile since 1970 than they were during the Bretton Woods era. Epochs of increasing inflation expectations have led to rapid, broad-based commodity price rises, where the market gives out false signals of scarcity, leading to Malthusian anxieties and panics that we face a future of diminishing natural resources."

186
General Discussion / Re: bitSHARES - As True Shares and Not a Currency!
« on: February 18, 2016, 04:18:47 pm »
Why not fork and share drop?

It would be direct competitor to Bitshares. It would divide resources, developers, funding, etc so it's best to avoid forking if possible.

187
Come on people, we can't repeat again all the marketing mistakes we always do.

When (or if) this will be rolled out, everybody should be marketing in any way they can. Version number will be changed to 2.1 to signal that Bitshares has been changed in a major way. This is not even a cheap gimmick but totally true. After this change Bitshares will become somewhat usable for projects that need micropayments. And Bitshares can be used all over the world, even in poor countries where people can't afford to pay our current fees. This will be first economically viable option for third world countries – with smartcoins this is a huge opportunity for billions of people.

All the basic things have to be done:
- Information on the website: main page, technology overview page and blog
- Press release
- Try to get Bytemaster to as many podcasts as possible
- Pictures to be shared on social media
- etc, add your own

Let's not fail again and keep a new feature as our own secret. Hasn't anybody been wondering why FBA isn't getting any traction? Because nobody knows about it. There's not even a mention about FBA in the website!

I'd like to see some marketing budget to be included in the worker proposal, for example for a short video that explains clearly how Bitshares will function from now on. This revolutionary feature has to be understood, otherwise people won't get interested and won't care.

188
General Discussion / Re: bitSHARES - As True Shares and Not a Currency!
« on: February 18, 2016, 02:27:56 pm »
So here is the question:
What is you reaction to adding one more obligation to the 'responsible co-op member'. In order to help the co-op's progress and smooth operation every member should help by helping provide some of the native currency. The blockchain enforced min being say 10% of the stake being in collateral. NB no need to actually sell those bitUSD. The believe here is that by having them people will tend to spend them for- transfer/trade fees, membership upgrades??? (I am not even sure we will keep those. Will we?), UIA's etc.

Pay interest (or higher interest) for those accounts that have used their native shares to create bitUSD. Use the carrot rather than the stick.

189
What's going on? Your current worker proposal is the most accepted one, but two new proposals have negative amount of votes. Who are voting against these and why?

190
I suggest that we will move to Bitshares 2.1 when this feature is released because it is a really big change in the Bitshares blockchain. It will also give a little bit help with marketing – easy way to signal everybody that we are doing something new here.

191
how much would it cost us shareholders to implement the zero fee subsidized transaction Proof of Bandwidth poroposal you blogged about the other day?

reducing friction will bring more liquidity but exactly how much remains to be seen
thats all thanks

And how fast this could be done?

192
General Discussion / Re: Should we Abandon Proof of Stake Marketing?
« on: February 11, 2016, 11:04:24 am »
I think that POS hasn't been defended very well or actively lately... It's not enough to write some blog or forum posts once and expect that everybody will get the point. Complicated systems like consensus methods of a blockchain have to be defended and explained regularly – again and again and again.

This doesn't mean that we should go and declare "this is why Bitshares is the best ever" but to remind people that how we have resolved certain problems. Little by little people will understand how good our solutions are compared to other blockchains.

Edit: Just listened the latest hangout.

I really don't think that we can suppose that average Bitcoin people can easily understand DPOS system. Let's assume that somebody wants to know if the accusations against POS are true, especially in the case of DPOS. How they can find relevant information? What they need to google? Where are the webpages that explain why usual critique against POS doesn't apply for Bitshares DPOS? All that information is buried in a few forums and it cannot be find easily.

No wonder that DPOS is rejected if nobody is defending it anywhere. Marketing has always been a problem for Bitshares and this is again a good example of that. Explaining clearly how DPOS works is essential if we want that other people will understand it and accept that it is a suitable solution for a blockchain. Changing the name will not help in any way.

193
General Discussion / Re: bitSHARES - As True Shares and Not a Currency!
« on: February 11, 2016, 10:52:49 am »
I agree that this is really interesting idea!

Biggest problem that comes to my mind is how to handle the transition from our current system. All other exchanges would have to find a solution that will satisfy all customers that aren't interested in moving their BTS to our internal exchange. Could creation of bitBTS work with this system?

194
It's also important to remember that BTS isn't exactly a coin but a share of a decentralized autonomous company.

195
General Discussion / Re: The Currency Distribution Problem [BLOG POST]
« on: February 11, 2016, 07:51:27 am »
I'd like to see that people stop talking about inflation in the case of Bitshares. We don't have any inflation, there is a fixed supply of 3.7 billion BTS and that's it.

If somebody wants to decrease the active supply, there are two possibilities:
- vote for refund/burn worker
- get more paying customers, because part of the part of the transaction cost will go to reserve pool

It's really this simple, let's not complicate the message. After all, this is also very important metric to see if Bitshares is working as it should be. If active supply is decreasing, it's a clear sign that things are working well. Customers are paying more for Bitshares than Bitshares is spending for maintenance and development.

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