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Messages - Rune

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856
Then we have a strong profit motive to develop censorship resistant technology. A for profit, high quality TOR as a subDAC.

Last I understood, to get TOR access in China required significant legwork.

How would this resistant technology work ?  Answer - probably not that well, but lets just take on Chinese government as longterm business plan anyway??  No thanks.  Don't want BTS as a platform for anti-Chinese government propaganda.  That should be a different DAC.

Getting TOR to work in china is just a matter of financially incentivizing people to run entry nodes. Obviously all the flaws of TOR has be solved but the only China-specific problem is the entry nodes. They will ban us for the financial services any way. The second an official hears the word "bit renminbi", they will realize we are threatening their survival.

857
Forum features could be added to BTS as soon as the key graph is in place.   Assuming people are willing to pay their $0.02 to post ;)

Have it like reddit where you up vote with your stake. That way consensus/majority on any issues can be found rapidly. Will increase our ability to respond and adapt to any threat or opportunity.

We could (and should) go far beyond simple reddit up/down votes. We should optionally use Key Graph to publicly delegate our trust (and stake) to accounts/identities we trust, in addition to having our own private weights for each account we trust. This can also be done on a topic by topic basis. Then we can appropriately weigh the approval/disapproval of a post by accounts based on this web of trust and reputation and on the topic the post belongs under. Thus I could order/filter the posts by one of many consensus measures (meaning I get the same ordering as anyone else choosing the same consensus measure) and I could also order/filter the posts by one of my private subjective measures.

I would strongly urge caution in making the large stake-holder/trust-holder both the delegate voter and the arbiter of deciding what content is widely read vs buried.  Seriously, seriously, seriously, urge caution against that.  In fact, I would probably just sell off  a solid majority of my stake for USD if that became the predominate mode of communication for community + voting. I don't think I've ever issued any other threat/ultimatum like statement in my existence on this site.

This is why I emphasized both multiple consensus measures and multiple subjective measures. The user ultimately has the freedom to censor/filter/order as they wish. If they don't like a particular consensus measure because it in their view "unfairly" gives to much weight to whales, they can use a better consensus measure or better yet use their own subjective measure based on how much they personally trust the identities behind various accounts that they have given a thumbs up to or otherwise rated in their local client.

I never said unfair, so I don't know where that quote is from but I don't think it is me. FYI


It has nothing to do with some simplistic notion of what is "unfair".  It has everything to do with having completely unbalanced powers that go far beyond someone having a large stake vs a small stake.  I agree that this forum becomes very hard to use.  I can think of patch solutions, or you can go to some vote system.  I'm not sure.  I don't think subject matter as important as this should be mob ruled, so I have never been accepting of voting systems for content here.  (Even when I think they work just fine on aggregator sites that are not so *important*)  It really is a tough problem...

Largely this comes down to whatever the default metric is.  Most people will not sit around twiddling the filter.  So what is considered the fair default weighting ?  Meh. 

Just give it a lot of thought and never consider giving stake holder size some significant weighting in what people read.  I realize that was just part of your idea, but I can't imagine something being worse.  (And I am a guy who defended I3's large stake)

I think I see what you are getting at. You're afraid of the danger in giving the rich minority control over the "pop culture" and thus ultimately zeitgeist of the community. I agree and think it should be split into two separate modes: stake voting for pure business questions and decisions, primarily to determine if a particular vote could pass, as a means to refine and reach compromise on them. And then a separate, trust based forum that is used for social and intellectual discussion.

858

Sounds good. My only issue with this is that I would prefer to have them run a delegate each to get payment this way, as I think it is a good idea to try to cultivate a 1 delegate = 1 human voting habit from the beginning.

Isn't it better to just measure the work done vs what is paid ?  Why exactly is it a good idea ?

I feel like if the community has to enforce one rule, it should be this one. If we never allow anyone the chance to build a centralized card house of trust, money or whatever - then we can be almost 100% that we will NEVER experience a bitcoinica or mtgox moment.

3 people would not be an issue. But it would make multi-delegates acceptable and encourage centralized trust/power/payment structures. We would eventually see 5 man, 10 man, 100 man delegates, or more. If we instead allow the number of delegates to grow, we can have all the trust/power/payment structures transparently on the blockchain, and the organizational efficiency of the team can continue completely unhindered, but would also allow for more autonomous, yet transparent and overseen, innovation and development by individual devs.

859
Forum features could be added to BTS as soon as the key graph is in place.   Assuming people are willing to pay their $0.02 to post ;)

Have it like reddit where you up vote with your stake. That way consensus/majority on any issues can be found rapidly. Will increase our ability to respond and adapt to any threat or opportunity.

We could (and should) go far beyond simple reddit up/down votes. We should optionally use Key Graph to publicly delegate our trust (and stake) to accounts/identities we trust, in addition to having our own private weights for each account we trust. This can also be done on a topic by topic basis. Then we can appropriately weigh the approval/disapproval of a post by accounts based on this web of trust and reputation and on the topic the post belongs under. Thus I could order/filter the posts by one of many consensus measures (meaning I get the same ordering as anyone else choosing the same consensus measure) and I could also order/filter the posts by one of my private subjective measures.
Rune - When you break through the wall of China they will start to actively censor the DAC.  They have the resources.  I have never heard this discussed, but I doubt that you can create a DAC that can't be censored by an entity with enough control and resources. (like what Chinese government has)  Perhaps the network protocol could be obsfucated enough, but I am quite skeptical.  Taking on Chinese government is definitely not in favor of a longterm investor IMO.

Then we have a strong profit motive to develop censorship resistant technology. A for profit, high quality TOR as a subDAC.

860
Forum features could be added to BTS as soon as the key graph is in place.   Assuming people are willing to pay their $0.02 to post ;)

Have it like reddit where you up vote with your stake. That way consensus/majority on any issues can be found rapidly. Will increase our ability to respond and adapt to any threat or opportunity.

We could (and should) go far beyond simple reddit up/down votes. We should optionally use Key Graph to publicly delegate our trust (and stake) to accounts/identities we trust, in addition to having our own private weights for each account we trust. This can also be done on a topic by topic basis. Then we can appropriately weigh the approval/disapproval of a post by accounts based on this web of trust and reputation and on the topic the post belongs under. Thus I could order/filter the posts by one of many consensus measures (meaning I get the same ordering as anyone else choosing the same consensus measure) and I could also order/filter the posts by one of my private subjective measures.

There are so many possibilities in this space. I have many more ideas that need to be better developed regarding a Social Networking/Forum/Discussion DAC. I think all posts should link to recent previous ones within the relevant branch of the discussion thread forming a DAG (directed acyclic graph). Then, periodically anyone can post a hash of a recent post to the blockchain to protect any of the posts referred to in the chain from being censored. I don't think there is any need to bloat the blockchain with hash of every single post. If a "trusted" third-party does this on a frequent basis, we can get a decent upper bound on the time a post was made. A better lower bound can be done by the poster by including a hash of the most recent block in the meta-data of their post. Even if the timing isn't precise, the DAG will ensure that the order of posts was at least not altered.

Payment for the posts would need to be figured out. I don't like the idea of paying for each post (again blockchain bloat). I think the entities providing the frequent timestamping of posts can also be the entities hosting the actual encrypted contents of the posts as well as managing the metadata relationships between the posts. These entities can then be paid by the posters through micropayment channels instead.

Other things to figure out include managing group ACLs so that only participants in the group have access to the private key used to encrypt the contents of the post. Migrating groups over to a new one anytime an addition/deletion of a member of the group is necessary (and notify members of the new group of the change and the new private key to use to encrypt further posts). It should be possible to send notifications of posts to specific parties (by for example tagging them in the post) via something like the KeyMail system. Also, we would want to figure out the specifications for editing posts by attaching deltas to the original posts (to create a viewable edit history) and the specifications for adding metadata to a post like upvote/downvote/like/+1. Furthermore, it should be possible to create content-addressable links  (with necessary decryption key included) within the post to encrypted content like images/audio/video held in a decentralized storage system similar to Maidsafe/storj.

I am very excited about the possibilities in this space.

Will be so amazing to finally have a forum that can breach the great firewall of China. This stuff has the potential to change the most populated country on earth.

861
General Discussion / Re: preparing for ISO 4217
« on: October 26, 2014, 11:32:04 pm »
ISO 4217 is much more important to bitcoin than to bitshares, because it doesn't have an internal market. Bitshares can get crazy volume without deep direct integration to the traditional financial markets, because all bots and traders will be focused primarily on the internal market.

I think bitshares should adopt XBS, but have it as a technical term, and use BTS in daily conversation. It gives fantastic recognition because it is so close to BTC. From the very beginning we want everyone to know that we are as important, and eventually as big, as bitcoin.

862
fuzz, joeyD, tonyK


These guys are great and are on mumble all the time. They seem to nearly live bitshares.

joeyD has a background as a educator and has certainly done a great job of helping me along.

TonyK is a but rough around the edges but really is a good guy. His understanding of economics is also very good.

Fuzz is like the glue. He seems to get along with nearly every member he has encountered. He serves as a moderator for mumble sessions and I think would be a perfect way to help bridge the above 2 with the public.

The 3 gentlemen above all ready donate a ton of there free time doing the the  job you describe for free. They have proven themselves in different ways but they are tested at QA and helping new members.

I would also suggest less money (sorry guys ;) ).  Give each one 2k a month and I think many will be surprised with the level of service they will provide.

Sounds good. My only issue with this is that I would prefer to have them run a delegate each to get payment this way, as I think it is a good idea to try to cultivate a 1 delegate = 1 human voting habit from the beginning.

863
Been hearing this phrase turing complete mentioned lately, what does it mean?

It means we are going to hire Vitalik ;)

864
Forum features could be added to BTS as soon as the key graph is in place.   Assuming people are willing to pay their $0.02 to post ;)

Have it like reddit where you up vote with your stake. That way consensus/majority on any issues can be found rapidly. Will increase our ability to respond and adapt to any threat or opportunity.

865
Looks great.

866
General Discussion / Re: Have we passed a centralization tipping point?
« on: October 26, 2014, 03:38:09 pm »
Man I'm so looking forward to when we can hire Amir and pay him a rock star salary, because he really deserves that.
BAM!! .. write him a mail so he can prepare for that!

I have a much more ambitious plan in the works :P. But I want to wait until BTS is implemented and delegates are ready. Timing is very important and newcomers who will have to get their head around DPOS, market pegging, inflation (gasp!) and all the other highly advanced functions of BTS, shouldn't also have the confusion of the merger to deal with IMO, as at that point it might simply become too much to swallow in one go and they will turn around on their heels and leave. I think this effect is what's currently causing the price dip, even when anyone who would actually spend enough time out understand the system can conclude that the game is basically over BTS has won because we will get all the developers.

867
General Discussion / Re: Have we passed a centralization tipping point?
« on: October 26, 2014, 03:07:50 pm »
You seem to struggle putting yourself in the devs shoes.   You own a stake but sit back and do nothing, a dev likely owns a smaller stake than you that they bought with their own money just like you. 

The smart think for a dev to do is work somewhere else, earn money and buy more stake. 

You are asking devs to give up $100,000 per year they could be earning at google to grow their $25,000 stake in BTS that they bought with their own money.

Then you realize that they have to sell their stake to put food on the table while you get to keep your stake and do nothing.

I think Amir Taaki is the best example of what a massive injustice the  "expectations of free work" that bitcoin stakeholders have to their developers, is. He's a guy who has refused to give up on his core principles and work for what he considers the betterment of bitcoin users ONLY, with no special interests. And in return he is given nothing.

He has to beg for scraps, squat on random peoples couches and be known as a fringey lunatic by the community. This is the guy who was behind libbitcoin, the first independent implementation of the bitcoin client that is now used at the core of dark wallet, openbazaar and some other big wallet projects. No wonder he's being weird, he's had to eat shit while idiots (like me) were able to buy in before the big bubbles and just sit back and rake in tonnes of money for doing nothing.

Man I'm so looking forward to when we can hire Amir and pay him a rock star salary, because he really deserves that.

868
General Discussion / Re: When are we going to see an "on-ramp" from fiat
« on: October 26, 2014, 02:56:57 pm »
  • Partners want the deal to be keep secret until it is finalized
  • This is something that could be copied by competitors

I dont want to sound negative but if there is a good reason for not being more open on this, I wish  someone from i3 would at least confirm what it is.

All of the above.  :)

What's your personal take on the rough chance, in percentages, that the deal will come through and on time for the marketing push? It would make me feel so much better to know this. I'm not even mad if it doesn't come through on time, I just don't want the markets to have these uncertain expectations, and then suddenly see a huge drop if they're let down at the last minute.

869
General Discussion / Re: Have we passed a centralization tipping point?
« on: October 26, 2014, 02:44:03 pm »
As I have argued elsewhere, I think it's time to let go of the bitcoin era mentality of trustlessness. Bitshares is trust-abundant. I3 are publicly known humans with deep personal relationships to many stakeholders, and to each of their employees and coworkers, and especially to the community who has supported them through good and bad. Arguing that I3's large control over bitshares is a risk to the company, is like saying mark zuckerburgs control over Facebook is a risk to Facebook. Be honest, do you think there is ANY chance mark zuckerburg would short Facebook stock and then wipe their servers, even if he could profit from it?

Unless you think it is a realistic possibility that zuckerburg would do that with his 30% stake and centralized managerial control over Facebook, then it makes no sense to think that Dan would or even could do that with his 5-10% stake in BTS and no effective control beyond his stake. I don't even think I3's combined stake is that high.

It's time to realize that everyone involved in this project are just human beings. We're so used to the old mentality of bitcoin where anonymous competitors are locked in a constant battle for artificial scarcity to keep them honest, but it's over. Bitshares' organizational structure is public, it is transparent, and it is ultimately very personal.

Of all the people I've interacted with in this community, I have amazingly enough not met a single person so far, who has given me the vibe that they're in this for the money. Every single person I have spoken with has, through their actions and opinions, convinced me that they're doing this primarily because they believe that we, and the blockchain, have a purpose beyond making money - that we're in this to do good.

When the forums cry out in rage at, say, bad allocations of DNS sharedrop it's not even out of greed, it is simply human beings reacting in anger to what they perceived as a huge injustice and insult to them and their contributions. At the time I derided them for being greedy and devolving this thing into a fight for the pie, but in hindsight I realize that they acted also because they simply abhor the idea of injustice, whether it is done against themselves or others. Also, as the whole debacle proved, justice and generosity came out on top, as I3 simply chose to donate money to the unfortunate to make up for their losses. I think this proves the inherent trust-abundance of the system.

That being said, I think it would be a great gesture of goodwill and faith for every member of I3 to come forward and announce the amount of their personal stake in BTS,and I think it would significantly increase community trust and the confidence of future investors.

870
General Discussion / Re: When are we going to see an "on-ramp" from fiat
« on: October 26, 2014, 12:42:09 am »
I, too, wish some details could be released regarding the on/off ramps. What will they be, are the partners already on board, will it be done in time for the marketing push for sure? I don't understand the need to keep stakeholders (i.e. owners) completely in the dark.

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