the question is, can you even withdraw BTSX from BTER?  i have been waiting for like an hour now.

My BTSX wallet won't sync.  Is it the same for anybody else?

Quote from: Empirical1 on August 11, 2014, 09:25:13 pm

Many have been strong proponents of the large sharedrop type approaches that Stellar is attempting https://www.stellar.org/about/mandate/#Stellar_distribution

There has also been a lot of media hype and press around their launch and they also 'supposedly' got a $3 million injection for only 2% equity so they have some funds to work with.

They also have Jed McCaleb as a board member and co-founder of Dogecoin, Jackson Palmer as an advisor, among others, so if any team is capable of pulling this strategy off, it's probably these guys, https://www.stellar.org/about/

So now we have a front row seat to the type of sharedrop strategy some have been advocating.
Personally I'm not a fan of these approaches, but it's worth keeping an eye on, because if they succeed then we can learn things and apply them in future DAC's.

Sharedrops are fine but you also need a compelling product. What about the Stellar technology would make people hold onto the shares? What is the utility?

right now, no utility.  the stellar foundation is focused on distribution at the moment.  but when it is fully functional it will have some of ripple's features plus other features from the stellar devs:

https://ripple.com/ripple_primer.pdf

https://github.com/codius/codius/wiki/Smart-Oracles:-A-Simple,-Powerful-Approach-to-Smart-Contracts

stellar is a ripple fork but is for regular users.  ripple labs is going for the banks and financial institutions.  these two systems will probably be synergetic going forward.

sure. but way better than ripple's distribution model.

Quote from: Empirical1 on August 11, 2014, 10:27:46 pm

Quote from: Gentso1 on August 11, 2014, 09:59:20 pm

I won't invest in them but it is very cool to watch. Think they can break the top ten market cap by the end of NEXT month?

I doubt it. I think in the past, the way these sharedrops looked like they had a bit of promise was by Coinmarketcap listing the total supply of coins that would be released after all sharedrops and multiplying the shareprice like that. (So Ripple and Auroracoin had ludicrous valuations at a point.)

It looks like cmc.com is wise to that and is getting an accurate supply now though.

(I think Stellars only hope is to pretend (Scam) they have given away half a billion more but don't put them on the market or really crush the level of sharedrop they were originally intending.)

I think the obvious answer is to crush the sharedrop level. They have created some momentum but I agree it will be short lived.
Their doesn't seem to be any revelations of tech here just some interesting marketing tactics.  I do think they have created a short term cash cow. But it's life will be very short lived.

again, the goal is to activate people's wallets.  whatever they do with their extra STR is their decision.  the price of STR won't really matter at this point.  and STR's like XRP's are not intended solely as a store of value.

if you want a glimpse of stellar's tech, take a look at ripple. 

Many have been strong proponents of the large sharedrop type approaches that Stellar is attempting https://www.stellar.org/about/mandate/#Stellar_distribution

There has also been a lot of media hype and press around their launch and they also 'supposedly' got a $3 million injection for only 2% equity so they have some funds to work with.

They also have Jed McCaleb as a board member and co-founder of Dogecoin, Jackson Palmer as an advisor, among others, so if any team is capable of pulling this strategy off, it's probably these guys, https://www.stellar.org/about/

So now we have a front row seat to the type of sharedrop strategy some have been advocating.
Personally I'm not a fan of these approaches, but it's worth keeping an eye on, because if they succeed then we can learn things and apply them in future DAC's.

the huge 'air drop' may hurt STR's price in the beginning, as some people would tend to sell them the minute they received them.  but you overlooked the fact that they now have an activated stellar wallet, and the can come back anytime to use it.  this is an issue ripple had problems with, that's why they stopped going after regular users and went for banks and financial institutions.  stellar aims to fix that issue.

also remember that most of the features in stellar are still locked.  people will have plenty of reasons to come back and use the network.

Quote from: lucky331 on August 02, 2014, 12:57:33 am

Quote from: delulo on August 01, 2014, 05:25:00 pm

Quote from: lucky331 on August 01, 2014, 02:03:43 pm

it's a ripple fork with better distribution.  if you want to learn more about stellar, i suggest reading the ripple primer here:  https://ripple.com/ripple_primer.pdf

stellar is basically a copy/pasted ripple with some tweaks.

What a second. How does the stelar project select who is on the unique node list? That unique node list is at the heart of Ripple.
If it is not Proof of stake but a unique node list style centralized system it doesn't matter at all what the distribution of tokens is in terms of network security. Matters a bit maybe for network effect but that is not a major factor in my opinion as Ripple does heavy marketing to compensate for that.
Where am I wrong?

yes.  until ripple and ripple-like systems figure out how to add independent 3rd party validators, it is centralized.

Do you know if they have any plans here?

no concrete plans mentioned from their side but this is what they posted on their site:

"Consensus

Under the hood, Stellar uses its own distributed ledger, which is maintained by a consensus algorithm rather than mining. Each node in the network communicates with a set of other nodes that it believes will not collude (such as nodes run by universities, governments, and companies). Importantly, it doesn’t need to trust the nodes themselves — it just needs to believe the nodes won’t work together to produce the same malicious result. Consensus is then reached by an iterative process, which results in each new ledger being decided upon every few seconds. Correspondingly, transactions confirm nearly instantly, and no mining is needed.

We’ll be releasing a paper soon documenting and exploring a provably-correct version of this algorithm."

https://www.stellar.org/blog/introducing-stellar/

so. i guess the have plans on wooing uni's and government, banking and other establishments to run stellard.   

i'm a junior now!

my guess:  .0000198