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886

General Discussion / Re: Bitshares and anonymity

« on: February 16, 2014, 08:30:39 pm »

Quote from: delulo on February 16, 2014, 07:38:12 pm

...LET THIS MOVEMENT BE DIFFERENT! No ideologies, only means to ends/goals...

Note that this is itself an ideology, and as bytemaster suggests, a very dangerous one. It's also incomplete. What ideology defines these ends/goals that apparently we're pursuing without regard to costs?

887

General Discussion / Re: NoirShares Launch in 8 hours, don't panic.

« on: February 16, 2014, 07:53:25 pm »

Quote from: barwizi on February 16, 2014, 07:28:01 pm

...

you toast have 1000 PTS, NRS holder has 1000k, he mined to show support, you did not. There is no way i will give you 100 NRS, i had planned to give you 30, why? because with that 30, you would have a small interest in what i am doing, as a result you'd check in once in a while. later when you see the developments and choose to want in, you'll either mine, or buy-in. But if i gave you 100 NRS, you would already have enough to invest without even expending a single resource. meaning the dividends due to those shares are all free, not a single addition of value from you.

"Free" and "already payed for" are not the same thing.

Honoring the social consensus, in my opinion, is not about getting people to help you write your code as much as it is about building the network effect. As is obvious looking at the list of failcoins, building network effect is much more difficult than just writing the code. By honoring the social consensus, you invite this community (as one of the largest and most qualified cryptoequity and DAC communities in existence) to judge your product. If they think it's worthless, they'll certainly dump it. If not, even those who don't help code it will use it, and will relay word of its merit to those around them.

If you're more optimistic about having your product evaluated by a less knowledgeable group, that's entirely up to you.

888

Keyhotee / Re: Keyhotee Status Update

« on: February 15, 2014, 10:42:19 pm »

Quote from: sfinder on February 15, 2014, 09:58:03 pm

Have you implemented wallet function for this updates? otherwise it just a funny clone email client which has been open-sourced for many years.

Quote from: dannotestein on February 15, 2014, 05:29:06 am
I'm going to update the KH Founder ID database tomorrow night instead of tonight, as Stan was traveling yesterday, plus I had forgotten about an important US holiday today that took up most of my evening...

It's still in testing, and the chain is not yet live. Wallets have been done before, and I don't think anyone has serious concerns about technical implementation hurdles for integrating basic wallet functionality into Keyhotee. I think wallet integration is much less urgent than getting the email system finished and thoroughly tested, especially those "funny" parts of it that have never been done before.

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BitShares PTS / Re: Fast Core CPU miner released(Support 1024m)

« on: February 13, 2014, 05:27:01 am »

Seems legit...

890

General Discussion / Re: The Significance of what we are doing...

« on: February 11, 2014, 03:28:34 am »

I think this sort of conversation is essential to humanity. We need idealism, as it's the only reasonable way to define ultimate goals. Too often "reasonable" goals are defined as the final target, and then we compromise from there until nothing of value is left.

That said, change doesn't happen instantly, and I think we have to be willing to embrace any slight improvement while developing a path that draws nearer to the ideal.

Progress is by nature imperfect, and the danger of idealism is when it makes enemies of improvements for their impurities. The parallel nature of these consensus systems is one of their greatest strengths. They're internally based on free market principles, but their adoption is free market based as well. Unlike most other radical political proposals, the only threat to any existing structure here is if that structure is later discarded as superfluous.

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General Discussion / Re: Texas Bitcoin Conference

« on: February 10, 2014, 04:04:44 am »

Excellent! I guess they just haven't updated the speaker list yet.

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General Discussion / Texas Bitcoin Conference

« on: February 10, 2014, 03:29:41 am »

Will BitShares be represented at the Texas Bitcoin Conference in March?

(texasbitcoinconference.com)

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General Discussion / Re: Live Interview on Liberty Panacea

« on: February 10, 2014, 02:28:40 am »

Thanks for the heads up, tuned in now.

894

General Discussion / Re: PowerBall, DAC - Lottery Based Mining Experiment

« on: February 10, 2014, 01:20:50 am »

In addition to Bytemaster's point, adding fees to transactions does not encourage transactions. Also, such a transaction jackpot (if it encouraged any sort of transactions) would encourage spam transactions between addresses controlled by the same entity, which could load the network so as to impede legitimate transactions.

If the only way to get anyone to use a DAC is to pay them to use it, you're doing it wrong...

895

BitShares AGS / Re: Repost: Announcing AGS & BitShares Allocation

« on: February 10, 2014, 12:31:00 am »

Quote from: NineLives on February 10, 2014, 12:23:12 am

Question with some confusion.

Can I donate PTS here: http://www1.agsexplorer.com/

How do I get paid AGS shares. Wallet? What am I missing?

Official information on AGS and PTS donations is here: http://invictus.io/bitshares-ags.php

Once the new DACs are out, you will import the wallet files from which you made the AGS donations into the new DAC applications. Doing this will give you access to your shares in the new DAC, allocated to you in the genesis block.

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Keyhotee / Re: Post your Alpha Keyhotee Public Key and Be known!

« on: February 09, 2014, 08:43:46 pm »

Finally went and registered my founder's ID...

51iUbL8ZVnpuQTAhrwppZ9gC36yHFo4Weg5qayoRhuMYQmJHeU

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Technical Support / Re: Investing now to live from dividends in 4 years

« on: February 08, 2014, 09:29:27 pm »

Quote from: delulo on February 08, 2014, 01:02:59 pm

I would disagree on that as the (really) poor don't have ANY savings. Most people on this planet buy food with the majority of what they earn or plant their foods themselves. Inflation would be good for them as it redistributes the money (in relative terms) that others made from capital intensive investments. But on the other side inflation makes economies inefficient which is bad for anyone again...

While inflation is certainly redistributive, this does not mean that it redistributes to the (really) poor. Even if it did, once that happens inflation will immediately turn against them until they're back to zero again. In any economy with non-zero friction and barrier to entry for serious investment, inflation will tend to redistribute from those struggling to overcome the barrier to those already well above it. The better solution is to work to reduce economic friction and barriers to entry, as well as redistribution, not to try to redraw the lines so redistribution works in your favor.

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Keyhotee / Re: I don't even....what? Does no one believe in instructions around here?

« on: February 05, 2014, 06:24:42 am »

Quote from: cubicdissection on February 05, 2014, 04:32:39 am

Excellent, thanks for the help guys. I suppose it wouldn't hurt to leave the Keyhotee client running in the background, help everyone find bugs

I'm interested in both PTS and AGS, and would like to invest in both. I'll check out cryptsy for the PTS. For AGS do I just send BTC to the investment address and it will automatically be allocated to the bitcoin wallet at the end of the day? OK to do this with a blockchain wallet? I don't run the full bitcoin-qt client....

https://bitcoin.org/en/choose-your-wallet

Can someone confirm that the lightweight MultiBit wallet is donation safe for those not running full nodes? I've never tried it, but my understanding is that it harvests connects to full nodes for chain info, but retains full control of its own keys. Does it use the same wallet file format future products will be configured to read?

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BitShares AGS / Re: AGS donation from Blockchain wallet

« on: February 05, 2014, 06:13:43 am »

DO NOT do AGS donations from a web-hosted wallet. Only donate from a wallet you personally control. You will need the wallet that signed the donation transaction in order to claim your shares. That's how the shares are recorded.

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General Discussion / Re: Can i sell my BTS when the bitshares will be released after 2\28?

« on: February 05, 2014, 05:54:16 am »

As soon as there's a live blockchain and client, no one here can stop you.

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