Doesnt mining still burn energy needlessly that could be put into the ecosystem?  What is the point of making blocks predictable like dpos when dpos is still better?  Just curious.

Yes.  The point is that there are lots of people who stubbornly oppose any alternative to POW, and that's a market worth serving.  I'd prefer selling them a better product too, but you just have to give them the best they're willing to take.

Quote from: donkeypong on November 30, 2014, 08:13:03 pm

It's a pretty minimal use of time to perform the delegate functions, though. And this will be even less once there is a client that doesn't need all these updates. That doesn't take away from the other things these people are spending their time doing.

Maybe right now it is minimal, but as this network grows it's going to be a serious commitment. Think VISA server center. Regardless, I see no reason not to do it, and that is what I am really looking for.

Is there any reason, besides the time it takes to implement in code, not to do this?

There's a shortage of attention, and asking people to vote on 101 positions is already significant.  The delegates actually running the network should be voted out if they aren't trustworthy anyway, so why is it a problem for them to handle payment to non-technical contributors?

Quote from: Troglodactyl on November 29, 2014, 05:48:00 pm

I think someone is just burst mining it since the difficulty adjusts so fast.  That hard fork to fix that is still a long ways away...

EDIT: Difficulty is also adjusted every block, but based on the average time of the last 1000 blocks, so someone dumping AWS instances on it could mine quite a few blocks before the difficulty adjustment caught up with them in each burst.

Good thing this is being tested.

Indeed. Mining a new coin brings back memories...

I think someone is just burst mining it since the difficulty adjusts so fast.  That hard fork to fix that is still a long ways away...

EDIT: Difficulty is also adjusted every block, but based on the average time of the last 1000 blocks, so someone dumping AWS instances on it could mine quite a few blocks before the difficulty adjustment caught up with them in each burst.

Those addresses are generated from the wallet you imported.  Internally, wallets use multiple addresses that the user doesn't always see.

To get your total vested balance, you add the balances together and move the decimal point 5 places left, so your imported vested balance is 4,790.40189 BTS.

Quote from: unimercio on November 29, 2014, 12:25:36 pm

Quote from: eagleeye on November 29, 2014, 12:22:41 pm

lots of positive developments have been happening.

- Online wallet starting to be developed by Shentist.
- MeTHoDx doing a large marketing effort
- Bitshares.org has a new website which rocks.


Now I hear there is a shopping cart plugin.

.    . Something wicked this way come...

  A lot positives building up momentum towards the main push.

https://bitsharestalk.org/index.php?topic=11570.msg155757#msg155757

I managed to add to my position before this nice move. It is a big move though and Counterparty is trending down, so the thought crossed my mind that Overstock could switch to BitShares but that's maybe a little too optimistic.

I've been wondering about CounterParty.  The last few days have certainly looked bad for them, but it could just be all the people who panic bought with the Overstock announcement getting bored and wandering off.  I do think BitShares would be a better base for Overstock than CP, so it would be nice if they figured that out before they sink too much development time.

Quote from: toknormal on November 29, 2014, 11:57:51 am

I don't put much store by this commentary.

Dowd (along with others) dismisses so many elephants in the room with this view that it borders on the foolish.

First of all, Bitcoin is still here and gaining huge traction with every week that passes. There is an entire industrial sector evolving around it including retail technologies, financial derivatives and more.

Dowd (and others) are highly selective in picking out a single dimension of Bitcoin's existence and projecting that into a catastrophic challenge that's insurmountable. It's not insurmountable. To me they are a bit like the people back in 1994 who said the internet wouldn't take off because http protocol is no use for video. Or it would die because it was it was impossible to find anything. All that happened was that Google got invented.

Secondly, dismissals of Bitcoin's viability based on hypothetical scenarios like this completely discount the concept of a "rights of passage" phase that a technology such as this has to endure to become trusted. Bitcoin "warts an' all" is becoming the accepted reference standard for cryptocurrencies *because* of it's troubles, not in spite of them. People are seeing that it's survived hacking attempts, a near-death by a 'media storm' of fud, competition from a flotilla of alt-coins numbering in their hundreds if not thousands, competition from more advanced blockchain technology.......and survived with barely a dent. After all that, the nearest competitor does not even exceed 1/30th of Bitcoin's marketcap.

All in all, these are hypothetical - not catastrophic - issues which just get solved the more people have an interest and a stake in its future.

Ripple is 1/4th of bitcoins market cap if you consider total network volume. I know it's a terrible way of comparing them since so much XRP is locked up with ripple labs, but if you want to compare active tokens only you also have to discount satoshi's coins and the lost coins from bitcoins market cap.

Also there is clearly no interest in improving bitcoin within the community. Because the process with which bitcoin upgrades itself is so slow, cumbersome and uncompetetive, bitcoiners have this cognitive dissonance that causes them to claim that bitcoin is already perfect and should not be improved further. So instead of looking at the best features from altcoins and trying to copy them (which was what most people thought would happen back in the early days), they simply spam SHITCOIN 5000 times, convince themselves it is not a threat, and forget about it.

Indeed.  I keep wondering if once Bitcoin is actually threatened seriously they'll get off their tails and go for more real upgrades.  Of course, by then it might be too late anyway.

Awesome!  Do we have/is someone working on a list of merchants already using OpenCart to approach about integration?  Once it's finished/tested/reviewed, of course.