We have a proof-of-concept implementation of bitshares that can reindex 2 million blocks, 1 million accounts, and each block containing 1 transfer  in just 8 seconds while using less than 1 GB of ram.   

I would say that while the current release software is "slow" because it is built on LevelDB, that scalability is not going to be a problem.  You can see the new database code here:  https://github.com/BitShares/bitshares/tree/develop/libraries/db

Upgrading BitShares to use this code is a challenging task, but it is certainly possible.

Quote from: hrossik on March 26, 2015, 05:25:02 pm

This referal program would make it so easy to earn money in a way so different from the original idea of BitShares, that its ponziness would defeat BitShares' original purpose. Yes, it would probably bring many new people to the system. But what kind of people? People, who will suddenly realize how good BitShares are, or people who just want to get rich on the referal program?

From wikipedia:

Quote

Ponzi schemes occasionally begin as legitimate businesses, until the business fails to achieve the returns expected. The business becomes a Ponzi scheme if it then continues under fraudulent terms. Whatever the initial situation, the perpetuation of the high returns requires an ever-increasing flow of money from new investors to sustain the scheme.

I would prefer to stick to the original values we wanted to promote, not the "get rich fast" values. Once the original ideas get implemented, we will earn profit from the right thing instead of this obscure mechanism.

Ever used Venmo?  When they started if I signed up via my friend's link, then my friend got $5.  Then the app asked me to send a link to all my friends.  Every friend of mine that signed up via my link earned me $5.  The app has so much utility now because all my friends are signed up and we can send each other money instantly. 

An MLM program should work the same way for bitshares except that bitshares will not only grab the global peer to peer payments network effect for bitusd, it will also encourage merchant adoption, and employer to employee payments, which an app like Venmo will never be able to do. 

My point being ... Venmo never seemed like a pyramid scheme because the app is solid gold in terms of utility.  BitUSD will eventually be solid gold in terms of utility, so any users brought in by a referral/rewards/MLM program would likely use the app IMO.

Quote from: mdj on March 26, 2015, 04:35:26 pm

So I'm voting for the www.minebitshares-com delegate which I believe contributes to pool subsidizing?
What is minebitshares-reloaded for?

Check out the new delegate proposal:  MineBitShares Reloaded - 100% Delegate Proposal (https://bitsharestalk.org/index.php?topic=14887.0)

tl;dr is

To support the 0% fee, we need a single 100% delegate and retire the 2 x 3% older delegates.
Note: the delegates today do not support subsidising the pool at all.

Man do I feel stupid. Thanks to the Notes distro (and it being off by an amount identical to an AGS donation made long ago), I discovered I hadn't imported one of my AGS donation keys yet.

I can't wait to see how many BTS I have from it... that I never missed before tonight (doh!).