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Main => General Discussion => Topic started by: bitacer on February 29, 2016, 10:41:03 am

Title: Moneygrid Needs Answers
Post by: bitacer on February 29, 2016, 10:41:03 am
bitacer,

I did check the Bitshare 2.0 Whitepaper and other docs and I'm not quite sure if this platform would  fit for something as moneygrid.
Maybe you can answer a few question that I coudn't find an answer.
Does BS 2,0 using Proof of Stake?
Is it fully permissioned and Turing complete?
Is it capable of running multichains?
Our focus at the moment is more in direction to Eris, Tendermint or Bigchain DB. As you see we need more a distributed DB than a shared ledger. But of course it depends on ones view what could be seen as a distributed DB or a shared ledger.

P.S:  Moneygrid is ment to be run merely in a trusted and private environment.


Cheers Lucas

moneygrid.net a project by FleXibles
Lucas C. Huber | techno-social engineer
lh@codoo.io | @moneygrid | Switzerland

Title: Re: Moneygrid Needs Answers
Post by: xeroc on February 29, 2016, 11:21:09 am
bitacer,

I did check the Bitshare 2.0 Whitepaper and other docs and I'm not quite sure if this platform would  fit for something as moneygrid.
Maybe you can answer a few question that I coudn't find an answer.
Does BS 2,0 using Proof of Stake?
Kind of. It uses DELEGATED proof of stake, where those that have stake
in BTS can VOTE for the block producers weighted by their stake

Quote
Is it fully permissioned and Turing complete?
The blockchain is PUBLIC and anyone can interact with it. That makes it
permission less.

It is also turing complete but it is not as flexible as Ethereum in the
sense that EVERYONE can create new smart contracts. So in that sense it
is a little more permissions since shareholders need to agree (by vote)
on every smart contract that should be included.

Quote
Is it capable of running multichains?
It is turing complete. You could do anything with it if you just build
it. It can also carry MANY assets that you can trade in the
decentralized exchange, but it is not (yet) capable of running side
chains.

Quote
Our focus at the moment is more in direction to Eris, Tendermint or Bigchain DB. As you see we need more a distributed DB than a shared ledger. But of course it depends on ones view what could be seen as a distributed DB or a shared ledger.
I'd recommend to send a mail to info@cryptonomex.com who can help you
with private (or permissioned) chains. And just to make one think extra
clear, a blockchain IS a database that you can run in a distributed
manner.

Quote
P.S:  Moneygrid is ment to be run merely in a trusted and private environment.
You haven't yet told us what moneygrid is all about .. Could you
elaborate?

BTW, there is also an option to have a private communication channel (or
ledger within a public blockchain, just saying.
Title: Re: Moneygrid Needs Answers
Post by: fuzzy on February 29, 2016, 06:11:44 pm
this would qualify for one hell of a question and answer session between bytemaster, xeroc and the moneygrid people.  If someone can help me snag it i'll give them 5 SILVERTICKETs.
Title: Re: Moneygrid Needs Answers
Post by: bitacer on March 01, 2016, 12:49:11 am
http://www.cc-hub.org/attachments/article/98/Monetary-Smart-Grid_L_Huber.pdf
Title: Re: Moneygrid Needs Answers
Post by: bitacer on March 01, 2016, 02:02:49 am
Could Terra be designed as a market pegged asset ?

https://www.scribd.com/fullscreen/31636027?access_key=key-2bl3i0sqj31mkpdaifql&allow_share=true&escape=false&view_mode=scroll