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Messages - triox

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91
General Discussion / Re: Dan's Interview is on 'Let's Talk Bitcoin'
« on: June 21, 2015, 03:59:41 am »
Thank you Adam B. Levine! I love your interviewing method. In depth and with authentic curiosity and understanding of the subject.

I understand this was done before CCEDK and some other announcements. Do you plan on doing an episode about that?

Hell, with the speed things are going, Bitshares should have a weekly show on LTB network!


92
I don't know if the team has to address newmine specifically, since he has a tendency to sound a bit too aggressive (entertaining as it is), but the community's brewing concerns should definitely be addressed as it looks like the investor's interests and the interests of the development team may be diverging.

As things stand, Cryptonomex' hypothetical corporate gig could be actually worth more - and be far more liquid - than their entire BTS stake. Hell, it could be bigger than the entire BTS market cap.

As I understand it, the original investors were promised a stake in I3's future projects and Graphine is certainly the result of a two-year trial&error experimentation between  developers, investors, traders and the market realities. Now, that is not to say that the shareholders "own" Daniel Larimer and everything he does for the rest of his life. But it starts to look like Cryptonomex is becoming a competitor to Bitshares as it's corporate shares may be a better deal than BTS. That perception of project's self-cannibalization cannot be in Daniel's own interest either.

All those concerns about the future of Bitshares support and BTS value can be alleviated with a sharedrop - a decisive realigning of incentives between developers and investors.

93
General Discussion / Re: Cryptonomex? WTF is this?
« on: June 12, 2015, 08:26:12 pm »
Even though the crypto market cap remains stagnant, everyone in this space is being showered with VC/Bank money. Wall St. is getting heavily involved but not in the way we were originally hoping for. They have no interest in enriching some random nobodies. They want closed solutions that they control.
We shouldn't blame I3 for wanting to get in on the action.

Having said that, I believe we should demand clarification from Cryptonomex whether they intend to honour their relationship with Bitshares community long term.

If tomorrow Goldman Sacs commissions Cryptonomex to build them a full spectrum solution based on the Graphene toolkit, is there a way and intent to benefit the BTS stakeholders in any way?

94
Bitshares currently doesn't work on hdd. You need an SSD or RAID0/stripe.

95
 +5% for the flux capacitor schematics.

96
General Discussion / Re: New BitShares (2.0) Website Feedback
« on: June 10, 2015, 09:37:15 am »
Github link now redirects to the old bitshares.org page? I really love the new design and information structuring, bring it back!

97
General Discussion / Re: Referral Program Status
« on: June 09, 2015, 09:06:12 pm »
Quote
https://faucet.bitshares.org/refscoreboard

Well, that's a bummer! I launched bitaktywa.pl in January and even paid for an ad on a libertarian/finance community. It has over a hundred hits and as it turns out not one conversion...  :'(

98
General Discussion / Re: COUNTDOWN TO ANN RUMOURS!
« on: June 08, 2015, 03:55:33 pm »
We are moving as quickly as possible on getting all of the ducks in a row.   


99
General Discussion / Re: What Is Bitshares? A Financial OS.
« on: June 03, 2015, 07:58:55 am »
Bitshares is an Open & Independent Financial Universe.

100
General Discussion / Re: Streamium.io
« on: May 22, 2015, 06:07:26 am »
We need this ASAP for BitShares!!!!!

No, we really don't.

101
@triox: please read the OP again. Your post kind of doesn't fit here ..

You're right. I wasn't directing it specifically at you or people responding here, but this thread seems like a good place to try to dispel those myths about 'secret sauce' or 'banking partners' that many in this forum are so desperately clinging for. It's the result of lack of clear dev communication on one hand and vague, confusing bs from SL on the other.

102
General Discussion / Re: In preparations for the "big" announcement
« on: May 17, 2015, 03:19:21 pm »
I think this community is setting themselves for a great disappointment if you continue to desperately cling to the hope of some big big/surprise announcements.

If you read the forum and listen to mumble sessions, probably everything has already been leaked by DL/SL in an attempt to stop the price tanking.

  • reworking of the database backend for faster scanning and syncing
  • reworking backend-frontend communication for faster, less buggy user interface
  • Bitassets 2.0 and privatized bitassets
  • splitting delegate roles
  • Customizable blockchain parameters without hard forks
  • Built-in referral program
  • Documentation

What more do you want? If you're praying for a partnership with Goldman Sachs, BM has said multiple times that Bitshares integration can only be viable for small startups that are looking for an edge. I believe the most we can hope for at this point is integrating with some mid-size Bitcoin-oriented business. Bitstamp at most.

Still, if you're reading all this and it's not enough to be excited than you better dump your shares now and spare us the inevitable whining.

103
General Discussion / Re: Been doing some reading on other projects
« on: May 16, 2015, 07:10:30 pm »
The original intent of IP is to allow creators/inventors

The problem with looking at social structures through their stated rather than actual intentions, workings and results is that it gives you a confused and superstitious model of the world. The fairy tale about protecting authors is a ex post facto justification for an existing violent power of the ruler.

It’s important to understand the origins of these concepts. As law professor Eric E. Johnson notes, “The monopolies now understood as copyrights and patents were originally created by royal decree, bestowed as a form of favoritism and control. As the power of the monarchy dwindled, these chartered monopolies were reformed, and essentially by default, they wound up in the hands of authors and inventors.”

Patents were exclusive monopolies to sell various goods and services for a limited time. The word patent, historian Patricia Seed explains, comes from the Latin patente, signifying open letters. Patents were “open letters” granted by the monarch authorizing someone to do something—to be, say, the only person to sell a certain good in a certain area, to homestead land in the New World on behalf of the crown, and so on.

It’s interesting that many defenders of IP—such as patent lawyers and even some libertarians—get indignant if you call patents or copyright a monopoly. “It’s not a monopoly; it’s a property right,” they say. “If it’s a monopoly then your use of your car is a monopoly.” But patents are State grants of monopoly privilege. One of the first patent statutes was England’s Statute of Monopolies of 1624, a good example of truth in labeling.

Granting patents was a way for the State to raise money without having to impose a tax. Dispensing them also helped secure the loyalty of favorites. The patentee in return received protection from competition. This was great for the State and the patentee but not for competition or the consumer.

Quote
What about copyright? The roots literally lie in censorship. It was easy for State and church to control thought by controlling the scribes, but then the printing press came along, and the authorities worried that they couldn’t control official thought as easily. So Queen Mary created the Stationer’s Company in 1557, with the exclusive franchise over book publishing, to control the press and what information the people could access. When the charter of the Stationer’s Company expired, the publishers lobbied for an extension, but in the Statute of Anne (1710) Parliament gave copyright to authors instead. Authors liked this because it freed their works from State control. Nowadays they use copyright much as the State originally did: to censor and ban books. (More below.)

104
General Discussion / Re: Been doing some reading on other projects
« on: May 15, 2015, 11:57:00 pm »
Intellectual property is an artificial barrier created by the government. There is nothing tangible about intellectual property.

IP can be abused in all sorts of ways, but is definitely more than an "artificial barrier" to some.  The original intent of IP is still valid at times.

The original intent of IP is extending power through artificial barriers. Look up crown grants of monopoly privileges.

105
Stakeholder Proposals / Re: Paid Workers Proposal for Review
« on: May 13, 2015, 04:09:47 pm »
The number of Witnesses and Delegates is directly voted upon by the stakeholders.    Each stakeholder must vote for at least as many Witnesses and Delegates as they believe the system should have.   The number of witnesses/delegates is defined such that at least 50% of voting shareholders believe there is sufficient decentralization. 

Is this a good moment to reintroduce the idea of partial "witness" randomization?
https://bitsharestalk.org/index.php/topic,15015

All that does is increase costs.  Under the proposed system there are no limits so if the stakeholders can muster enough votes you can have as many witnesses as desired, but the total COST of operating the system will be higher too and therefore profits will be lower.

I don't believe this affects costs, since it's the same number of nodes that have to reach agreement in any given round.

Taking the numbers from the original thread: the 101 active delegates only loose 5% of revenue in exchange for the next 900 nodes getting to sign a block every 48 hours on average.

This gets even more important under the proposed system, since a lower number of signers will be easier to deanonymize, DDoS or hack. A percentage of signers being from a large pool may be a desirable safety feature.

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