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Messages - amencon

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181
Ok great thanks I'll do that.

182
General Discussion / Secure to hold a balance of BTSX on VPS wallet?
« on: July 21, 2014, 09:07:18 pm »
Hey guys, just wanted opinions on how secure it is to keep BTSX coins on a VPS like digital ocean.  I have bitsharesx software installed in a few different places and on a couple different OSes, the VPS is standard Ubuntu and not used for anything else so I assume it's relatively safe from being hacked, however how likely is it that the hosting service wipes it on accident?  Should the private key be saved offline as well in case of such an event?

Thanks.

183
General Discussion / Re: Dacsunlimited Website
« on: July 21, 2014, 08:51:42 pm »
It looks to me like a one-page scroller theme with the navigation broken.  Also the graphics do look a bit cartoonish for my tastes and the front page feels a bit cluttered.  I've seen a lot worse but I think a group of professionals should be able to do better.  Look forward to updates to it as the group is new.

http://cassyo.cc/labs/btsx/index.php looks a lot better.  Novel navigation techniques and the full background images work well.

184
General Discussion / Re: Initial price for a XTS
« on: July 09, 2014, 11:35:26 pm »
I feel you man...Actually I do hope that a lot of you sell some XTS upon launching at cheap prices as I seriously need to increase my BTS holdings...I have also invested a lot in AGS but mostly after the 28th snapshot...For some reason I thought that keeping PTS was the way to go before the snapshot (Idiot...)
Don't feel too bad, I did some cursory research shortly before the snapshot.  I understood PTS better and so invested a bit there, then read more and had a better understanding of AGS afterwards as well.

In both our cases at least we got involved somehow before the snapshot even if we didn't maximize well for XTS.

185
I am totally not following this.  You start with $620 and you either buy 1 BTC with it or you buy 140PTS with it.  Then you donate what you just bought and end up with X number of AGS (the same number either way if efficiency is equal).  Why would it be better to use the $620 to go one way or another when you end up with the same number of AGS?

For whatever reason I have X amount of BTC and X amount of PTS. If I want to allocate say 5BTC to AGS it's better to donate BTC than to lose the dividend on my PTS for the same return in AGS.
Unless I'm missing something this doesn't seem to make any sense in terms of AGS donations.  All you seem to be saying is that you'd rather be holding PTS than BTC.

186
Awesome I'll check these out, thank you.

187
In another thread I proposed to build a site that would take votes from shareholders.  Toast mentioned that the collection of votes would really only be meaningful if they were weighted by verified proof of stake.

I have virtually zero experience in crypto coding, but my assumption is that most web sites with blockchain services are built on top of a running client so the web app can interact with the client to create addresses or transactions or poll for information or whatever.  This seems a bit out of my reach until I can learn better how I would piece that together.

In lieu of that, it would be great if someone had a site that ran on top of a client and had some API hooks that other web sites could communicate with, so for instance from my site I'd be able to send a JSON request in a certain format requesting the balance of some address or some other similar function and I'd get the result back for parsing on the server without having to learn how to build a site the directly integrates with the BitShares client.

Does this request make sense?  If so does this exist somewhere or is it planned to be built by someone?

In the meantime I'll keep trying to learn however my experience is with javascript and C# and not C++ or Qt so it might take awhile to make real progress.

Thanks.

188
You have my vote for excellent.

189
Quote
I would LOVE it if it was possible to register "proposals" or other statement, in the same way that we register IDs, and then everyone could vote up or down on it (weighted by stake with transactions).  Of course it is completely non-binding and is really just a pol of shareholder views.  I think BM may have implemented something like this that is only available to delegates?

Yes, only delegates can create / vote on proposals.  But shareholders vote on delegates so it is still representative of shareholder opinion without too much blockchain overhead.
Hmm I'm sure this will work out in the long run anyway, but this is a bit backwards to my proposal.  As a delegate it seems like it would be nice to have tools that gauge shareholder sentiment about what their ideal distribution of earnings would be and then construct a delegate campaign based on that.

I suppose that based on votes over time delegates will be able to get a sense of what spending profiles get elected and tweak theirs to match or at least closely resemble what is popular.  However then you have shareholders voting for best fit and reacting to the environment the delegates create rather than helping to shape it from the start.

Plus if shareholders are voting on anonymous spending profiles I'd think you'd get a better result set to make decisions on.  By determining this data from elected delegates the data will be skewed for these purposes as spending profile will not be the only factor that gets delegates elected.  I'd bet "celebrity" status among the community will weight voter decisions greatly among other things.

Extra tools and reports like this would be great if added to the toolkit, but I see it as very low priority when compared to other features and and components that still need to be built.

190
Stakeholder Proposals / Re: Bitsapphire Delegate Bid
« on: June 26, 2014, 08:19:46 pm »
Looks like it could be a great service for the community, good luck guys.

191
This is a good idea but it is only meaningful if it can be properly weighted by stake. So you'd either need to have this site read the chain and require signatures from stake.. or we can just build it into the client =D

Wont we have voting ability in DPOS?

Building this type of tool in client would be best of course. 

Didn't even think of the stake angle, figured if it was something that would be used I'd work on protecting it from spam and being gamed due to multiple submissions from single parties, however now that I think about it it would be hard to do that without some kind of signature validation to tie "votes" to shares in the chain.

Not sure how to validate "stake signatures" but sounds like a fun project to learn some crypto-coding.

Are there any resources available out there for this other than combing the available githubs?  I know I saw some Bitcoin javascript tutorials at one point.

192
As someone who would like to contribute as a delegate for the upcoming Bitshares XT DAC and will be campaigning on spending funds in a manner that is mostly desired by the shareholders, I've thought about the best way to poll shareholders and collect data on their sentiments about dissemination of earned funds by delegates.

One way I can see doing this is by creating a site where shareholders can go to submit their desired delegate spending "profile".  There would be a number of way to spend funds with a slider indicating what % of earnings should be allocated to each.

Here is a quick and simple proof of concept for what the UI might look like:
http://jsfiddle.net/Ygh5w/2/
Then of course after some data is collected there would be another page or section of that page that would contain reports on the data collected for delegate use.

First, I'd like any feedback from shareholders and potential future delegates about this idea.

Second, if it sounds like something that would be valuable to some, I'd like to brainstorm all the main ways to utilize earned delegate income (invest in development, keep as profit for delegate, marketing, "proof of burn" destruction of funds etc).

Thanks for any comments or criticisms.  If it's something that it seems would be used, I'll try to put up a rough draft of the site over the next week or so.

193
There is far too much posting in the main threads by newly registered participants attempting to disrupt rather than contribute. The best way to keep this forum focused would be to have a 30 day waiting period where "newbies" are only allowed to post in a "newbie" thread.

If a newly registered poster has been a "long time lurker",  too bad. Because you might just be a sock puppet inculcating dissent. Or you are a hit and run investor hoping for "pump and dump" style profits and share not of the philosophical underpinnings of III.

Anyone who has been around this forum for months knows in their bones the utter integrity of the Bitshares team. You may not agree with all their decisions, but you know they are attempting to do the best they can for PTS and AGS holders and for the DAC ecosystem.

Some people have a need to tear things down rather than build things up. I personally don't understand that attitude, but hey, it takes all kinds. But it seems to me unwise to allow such people into the main threads until they have at least shown enough persistence to sit through a 30 day waiting period. Most will just gravitate to go on to badmouth other forums where little determination or creativity, and zero positive contribution, is required rather than undergo a 30 day period of learning and reflection.
I strongly disagree with this.  I'd be very surprised if "newbie" posts have hindered development progress by much if at all.  I don't think implementing something like this would have much upside for the cost of alienating and introducing large barriers of entry to new interested potential users or investors.

If a new user is spamming then they should be moderated or banned.  Blocking out posters because you might not like what some of them have to say seems like a terrible way to go about things.  If this waiting period was in place when I first joined the forums, it would have been a huge turn-off to me.

I haven't ever seen BM or other core developers really devolve into any kind of a grossly unproductive battle with any unfavorable comments leveled at them.  While technically every second spent on the forums could be instead used for coding, you can't expect them to code 24/7.  Often times you need to stretch your brain and let your subconscious work on problems in the background.

More than ever I see progress and I think it's just a matter of time staying the course until we see some usable products, then everyone can use all that pent up energy and frustration on marketing the hell out of whatever is produced.

194
Shouldn't all these details be included in the "Fund Usage" google docs on agsexplorer.com?

I was also told the docs would be upgraded to include running balances a while ago but haven't seen changes there either.

If your current book keeper is too busy with other work that isn't transparent to investors would it be that hard or cost that much to give her some help with transcribing the more pertinent transaction and crafting public release plans for future expenses that investors can view?

Even if more meticulous records were published monthly, that would be an improvement, bring in someone to concentrate on it for a day or 2 each month and at least you'll have better records to build on when you have the resources/infrastructure to publish these changes more frequently.

I'm mainly pointing this out because from the investor perspective (mine at least) it seems like low hanging fruit that could easily garner good will for current and incentivise future investors.  Hiring competent developers to contribute in the Bitcoin 2.0 space is hard and in most cases likely expensive, not so much for this job.

I'm assuming of course that those google docs are still the primary way investors can check how the AGS funds are being spent, apologies if there is a more detailed source I'm not aware of.  I'm also assuming that there are more meticulous records kept behind the scenes of every penny going in and out of any owned accounts/wallets for Invictus for legal and tax purposes.

We are working on it.  Angelina and Pam and I meet weekly to discuss how to improve our documentation while adapting to the new decentralized corporate architecture.  As these improved spreadsheets are validated they will be made available to the public.

In the mean time, most of operational expenses lie in paying people who we have already announced are on our team.  Other than that, we handle routine business expenses as they occur.  If there were to be a new big project undertaken, we will, as always, enthusiastically announce it as soon as it is finalized.  As for marketing, as Brian lines up promotions, he documents them in the Marketing spreadsheet. 

In general, you know when we know.  We are always eager to notify you of our latest thinking and we document it here on the forum in near real time.

That said, we are also aware that announcing things prematurely and then changing them as our thinking matures is guaranteed to raise an outcry.  Thus we are trying to strike a balance between giving the community near real time insights and not appearing to "change the deal" as we give things further thought.

So, you are not likely to get us to lay out a long-lead plan, because experience has taught us that people don't like to see those plans change. In this industry we are innovating too fast to expect any long term plan to survive first contact with tomorrow.

 :)
Yes I certainly understand any hesitance to lay out public plans that may or may not actually materialize, as going back on those could undermine investor confidence which would be opposite to the desired effect of publicizing said plans in the first place.  As far as future planned spending I think for most your best effort will be appreciated and enough.

Look forward to seeing the new and improved documentation sometime in the future.

Thanks.

195
Shouldn't all these details be included in the "Fund Usage" google docs on agsexplorer.com?

I was also told the docs would be upgraded to include running balances a while ago but haven't seen changes there either.

If your current book keeper is too busy with other work that isn't transparent to investors would it be that hard or cost that much to give her some help with transcribing the more pertinent transaction and crafting public release plans for future expenses that investors can view?

Even if more meticulous records were published monthly, that would be an improvement, bring in someone to concentrate on it for a day or 2 each month and at least you'll have better records to build on when you have the resources/infrastructure to publish these changes more frequently.

I'm mainly pointing this out because from the investor perspective (mine at least) it seems like low hanging fruit that could easily garner good will for current and incentivise future investors.  Hiring competent developers to contribute in the Bitcoin 2.0 space is hard and in most cases likely expensive, not so much for this job.

I'm assuming of course that those google docs are still the primary way investors can check how the AGS funds are being spent, apologies if there is a more detailed source I'm not aware of.  I'm also assuming that there are more meticulous records kept behind the scenes of every penny going in and out of any owned accounts/wallets for Invictus for legal and tax purposes.

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