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Messages - -banano-

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16
Random Discussion / BTS should have traded STEEM brfore Bittrex
« on: April 21, 2016, 01:09:59 pm »
Devs got their mining rigs ready

should have got steem UIA ready too


17
Somebody please answer if the stealth feature of BTS can be used to obfuscate smart contracts or if it can only be used for transfers and blind balances:

from the article at:

http://www.coindesk.com/turing-complete-smart-contracts/


"Yet another major issue with Turing completeness is, perhaps ironically, their transparency implications.

As part of the requirements to evaluate a Turing-complete contract, the code to that contract must be publicly available. In Turing-complete blockchains, this code is presented at the time that its participants engage in an agreement.

While transparency can often be an advantage to some value-transfer propositions, the problems associated with broadcasting everyone's position are fairly obvious. Most financial contracts require that information be asymmetrically held between the involved parties, so that uninvolved traders cannot trade advantageously on these agreements.

Should a major bank be found taking a position in the market (say a futures contract), the risk to that institution is that the market can publicly trade on, and determine the future of that bank before the contract has executed. Though there are some theoretical fixes to the problems of disclosure, these solutions will be a long time coming, and may never arrive at all."



I suspect that the answere to this question is that yes, it is possible to take a smart contract position with a known amount from an unknown or "blinded" balance.

But no, the contract amount on the DEX cannot ever be invisible to the users of the blockchain.

Am I correct in this assumption?

18
General Discussion / Re: Waves
« on: April 10, 2016, 04:15:22 pm »
Honestly this kind of seems like bitshares, just on a different chain.

More like Ripple:

"trusted" 3rd party asset backed currencies, no smartcoins (can be shorted into existence by anyone)

But it looks like there might be more assets on their DEX

19
General Discussion / Re: Anyone knows UnionShares? based on BTS 2.0
« on: April 10, 2016, 02:57:16 pm »
Graphene - why would you clone anything else?

20
General Discussion / Re: Waves
« on: April 10, 2016, 02:52:54 pm »
10 second blocktimes

no smartcoins (only colored coins)

yawn..






21
"Microsoft sues BitShares!"

great headline!

22
General Discussion / Re: About workers: 1.14.35/36Fund to pay dividend
« on: March 29, 2016, 03:18:45 am »
negative voting is redundant feature

keep BTS streamlined and efficient to survive

23
Thank you Bytemaster for finalizing a roadmap to be done hardforking BitShares too frequently.

After 3 more steps are done, then BitShares is officially finished like Ethereum Metropolis!

step 1: implement zero fees
step 2: subsidize liquidity
step 3: implement margin trading and simplify initial visible smartcoin markets to:

bitUSD/BTS
bitGOLD/BTS
bitGOLD/bitUSD

Any 3rd party can do sidechains starting now.

Only 1 question is this:

Assuming continued funding, how long will it take to reach the BitShares Metropolis?

25
General Discussion / Re: bitSHARES - As True Shares and Not a Currency!
« on: February 23, 2016, 09:42:19 am »
the BTS price is starting to rise for the sharedrop pump!

here we go

to the mooooon!!!



we are still months away aren't we?

 8)

26
Distribution of the new shares:
70% to the active BTS shareholders. Active defined as having their shares in their own account (outside of exchanges).
30% crowd fund/kick starter contributors.

Small is beautiful

Thank you Mr K!

I just bought some BitShares because they looked super cheap, and put them in my own wallet, so now I can have BitShares and dShares too. I had sold them to buy some IOTA a couple months ago  ;D

Please do not compete with micropayments until IOTA is liquid so I can get back into BTS, because right now, I have several BTC non liquid locked in IOTA ICO.

I thought BTS chose not to compete in micropayments

Why now do you choose to take market share from Internet of Things?

https://bitcointalk.org/index.php?topic=1299209.msg13394486#msg13394486

BM said that he would work with IOTA, not compete against them!

https://bitsharestalk.org/index.php/topic,19534.msg251719.states that he will instate competitive pricing?!

Just a couple questions.  What date is the snapshot going to take place? How much will the transaction fee of dShares be?

thank you,

dShares to the moon!



27
Please do not compete with micropayments until IOTA is liquid so I can get back into BTS, because right now, I have several BTC non liquid locked in IOTA ICO.

I thought BTS chose not to compete in micropayments

Why now do you choose to take market share from Internet of Things?

https://bitcointalk.org/index.php?topic=1299209.msg13394486#msg13394486

BM said that he would work with IOTA, not compete against them!

https://bitsharestalk.org/index.php/topic,19534.msg251719.html#msg251719

BM said:

"I think there is potential for IOTA and CNX to work together on providing the best possible technology for micro-transactions."

Now he states that he will instate competitive pricing?!


28
its simple

rate limited / time share

all dex trades will be free or very cheap  and memberships rewards still in effect

small players cant make trades and cancel too many times or they get locked out for short period

big players can spam network, but need to purchase big stake first

coupled with % based fees, BTS now is competitive with DAG mesh networks like IOTA and cheaper than Ethereum

also algos make spammer fees go up

big players who dont trade often get priority too

i wish i knew about this feature before IOTA crowdsale because i sold BTS at bottom. Now IOTA ICO money is locked up and BTS go up because of this

29
did not you guys attend the weekely Bitshareholder meeting?

are you two not on committee?

So nobody on committee listen to BM no more?

his proposal offers zero fees for small users, reimbursement for lifetime member referrals and is spam proof

low barrier for entry means more new users

30
I sold some BTS for IOTA because IOTA has free transactions for micropayments, but now BM propose "zero" transaction fees for low balances with scaling algos that still compensate lifetime members. I would sell IOTA and get back into BTS if this happens but committee must still vote right?

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