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Messages - Brent.Allsop

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196
If your looking for how Bitshsares is better than Either, this is a good source of information anyone from any side can contribute to:

http://canonizer.com/topic.asp/163



197
General Discussion / Re: BitShares X Status Update
« on: February 28, 2014, 03:16:38 pm »

Personally, I don't know why gold is relevant. I have never looked to the price of gold to value anything, especially not crypto currencies. The markets will work best when participants are most informed and the underlying asset isn't prone to its own instability. I obviously think that gold should be incorporated later, but as for the test chain the underlying assets should be those that ppl are most comfortable valuing. The ttest chain should also have as few assets as possible. One would suffice but it is very important to include the Chinese community

 +5%

Not only is gold a dumb currency, It's immoral.  People that hoard it and store it in the ground, instead of letting it contribute to society and life do so much destruction to otherwise possible life.  Every time I have to pump my car clutch in the morning, to get it to make a clean electrical connection (because it's too expensive to use gold in the switch) I cures the selfish bastards.





198
General Discussion / Re: BitShares XD
« on: February 25, 2014, 04:04:50 am »
Why wouldn't you use a prediction market. It would allow for consensus while using a monetary incentive for immediate and accurate consensus.


You're thinking of this at the wrong level.  Of course prediction markets could be used, and built on top of camps, should the expert consensus agree that was a good predictor.  The consensus could specify the use of market caps of camps as part of the canonization algorithm.  And there are lots of other ways to measure things that others would think is better.  Not everyone wants to bet money on such things.   But everything ultimately boils down to how much consensus do you have, and knowing who is and isn't on board, knowing concisely and quantitatively why, and what is required to get everyone not yet on board, on board.


199
General Discussion / Re: BitShares XD
« on: February 25, 2014, 03:24:28 am »
Canonizer.com makes decisions like this by meritocracy consensus delegated from the masses.  Let's say everyone holding the currency gets a vote for each coin they own.  Let's say lots of my friends and family aren't much interested in what makes a good collateral rate, and they know I'm a much better, interested expert than they.  So they delegate all their coin votes to me.  I, in turn, may delegate my entire tree of delegated coin votes to someone I think is far more intelligent than I, like Dan.

So Dan could have a large enough delegated authority to control significant changes in the entire network.  And you could trust that everyone that mattered would be instantly fully on board with any decision he made, the instant he made it.

The instant he jumped to a camp requiring twice the equity, taking all his delegated coin votes with him, that could become the new consensus camp the entire network could then trust to use.  If Dan ever screwed up, everyone would quickly delegate their authority to someone they trust better.  This would give the system the power and agility of a hierarchy, with all authority being derived from the bottom up.  Essentially a hyper delegate decision making meritocracy authority that in real time knows what everyone that matters is and isn't on board with, why, and what would be required to get them on board, and so on.  This is part of what it means to amplify, educate and rigorously measure, concisely and quantitatively,  the wisdom of the crowd.


200
General Discussion / Re: How to Make Money on Initial Bitshares Chain!
« on: February 24, 2014, 08:27:30 pm »


Quote
Initially it will probably be $100 a share assuming Bitcoin is $1000. If Bitcoin goes up because most people can only buy Bitshares through Bitcoin it can reach $1000 a share if Bitcoin is in one of it's bubbles but if you want Bitshares to reach $1000 a share independently and stay there then you need to build value around the Bitshares network.

Yes it is possible that it will be $100 initially but I don't think it'll be $100 if Bitcoin is $1,000. Bitshares can be thought of as being 3 times more scarce than Bitcoin currently is which means that it should be 3 times more valuable than Bitcoin. So in other words Bitshares should be $1,800 a Bitshare assuming Bitcoin is at $600.




This is such a bad way to value a coin.  Bitcoin has a huge infrastructure that's in a much more advanced stage than any other coin.  Bitcoin is used on a much wider scale than any other coin.  This is where Bitcoin's value comes from and no other coin is even close.


When I make a DAC I'm going to make it so that the total supply is 0.5 of a share, maybe it will help some people get it

I'm all for it! Release many chains with different parameters.


I think this is a bad choice.  When people are faced with thousands of choices, they just get confused and run away from the entire survival of the fittest death match mess, as it tries to follow the current popular whims of the masses.  The diversity of coins out there now, from significantly deflating unobtainium to rapidly inflating dodge coins is one of the big reasons Bitcoin prices and the entire market are dropping.  Everyone can see that none of them are any better than any other, including the extreme ones.

You simply need adaptable DACS that can rapidly adapt in the most intelligent, rapid, and decisive ways.  Such will easily be able to clean up and out compete any dumb coin/DAC that has troubles changing, no matter how many of them there are.  And canonizer.com is all about building and measuring consensus in the most intelligent amplified wisdom of the crowd way, so your DAC can be managed, with that smart, leaderless process.



201
General Discussion / Re: BitShares X Status Update
« on: February 24, 2014, 07:15:11 pm »
are these changes that can be tweaked as bitshares evolves, like bitcoin fees are tweaked, or are they more or less permanent to the XT chain?


How to make changes, and what changes to allow, THAT is the critically important question.  Any DAC that can more intelligently make drastic rapid changes like this will always blow away all dumb hard to change competitors.

The Bitcoin foundation has quite a laborious, slow and involved process to propose, vet, and get these kinds of changes accepted into the network.  And even with all that, there is a chance that some miners will not accept any particular updates/changes, possibly resulting in a forked block chain.  Obviously, such would be devastating to any community using the coin.

That is why having the ability to build and measure how much consensus you have is so critically important.  Getting a network of machines to achieve a consensus on what blocks to accept is one thing, getting all the people rapidly on board and educated (i.e. amplifying the wisdom of the crowd) for dramatic intelligent changes to how the network consensus is achieved, is an entirely different and far more important issue.

Any smart DAC, that can rapidly measure and build consensus amongst the crowd of coin holders and miners, way more effectively and intelligent than the Bitcoin Foundation will always blow away any DAC that is fixed, or very difficult to change/improve, like Bitcoin.

The consensus building system at Canonizer.com is all about exactly that.  Amplifying and educating the wisdom of the crowd, building and rigorously measuring for the amount of consensus there or isn't, what is required to get to the level of consensus required, as rapidly as possible, all in a leaderless way bottom up way, and so on.  Our goal is to make Canon Coin just such a 'smart' currency, able to change and adapt far more rapidly than any other currency, in a leaderless amplification of the wisdom of the crowd way.


202
General Discussion / Re: Open survey for the most popular DAC ideas.
« on: February 13, 2014, 02:41:59 am »

Thanks CLains, for this information.  I've started camps for each of these 5, now for a total of 6 proposed DACS.  I've personally ranked them, but my current ranking is a bit pre-mature as I'm not completely sure what these might be, or how they might accomplish what their name implies.

Would anyone care to propose a first draft statement for each of these camps, so people can get a better idea of what they are?

And of course, how would everyone else rank these, and what other ideas are out there?

http://canonizer.com/topic.asp/164

203
General Discussion / Re: Estimated Price of 1 Bitshare
« on: February 11, 2014, 03:06:21 pm »

What are people paying for them now?  I did a quick back of the napkin calculation and it seems people are getting the right to one Bitshare for about $1, using bitcoin to bid on Angel shares on an average day.  But I probably am missing something?

If that's true, I'd say somewhere between $1 and $5.  It will take a while to get the kinks worked out of the system, and build trust in the technology, all of which just takes time.  Once that is achieved, I think Bitshares could get on board with the "Law of the Crypto Coin" described here:

http://canonizer.com/topic.asp/154/2

I think it would be interesting to get all the arguments, for the different prices being predicted, concisely stated in camps, and then see how many people are in which camp, and track how this changes over time.


204
General Discussion / Re: The Significance of what we are doing...
« on: February 11, 2014, 04:45:13 am »

Hi Bytemaster,

This is all great, and I completely agree with how everything described here is possible with a good consensus building system.  But help me understand what you mean by "Consensus Technology"?

In my mind ONE of the hardest parts about building consensus, is that everyone quickly finds some minor point they disagree on, the conversation always moves down to that level, no matter how trivial and less important.  Immediately, the infinitely repetitive flame, edit, censor wars start, nobody can agree at that level, everyone get's hurt, no progress is made, everyone leaves, any possible consensus is destroyed.  And that's just one of the problems.  Canonizer.com's goal is exactly to solve all such problems with consensus building, and to be able to rigorously measure for exactly how much you have, in real time, and find out who is still not on board, so you can know, concisely and quantitatively what is required to get most of them to support your camp..

Brent Allsop

205
General Discussion / Re: Let's discuss reputation schemes.
« on: February 11, 2014, 04:25:28 am »

Hi Toast,

Reputation is definitely a critically important function.  If you had a good reputation system, suddenly all the spam and scam in the world can easily be ignored.

And, basically, a 'reputation' system, in its most general sense,  is simply a concise and quantitative description of the experience everyone has had with a person, product or service.  And that is exactly what Canonizer.com is all about.

You point someone to your reputation survey topic, before you start the deal.  You can point out that if they are disappointed with your service, they can join a camp describing such.

Then, if they have a bad, or good experience, they can create a camp (or most likely, just join a camp someone else has already started, describing your particular experience) and so on.  No camp can be filtered by anyone, giving a true open and honest measure of experience that everyone can trust.

Imagine having one of these on your e-mail in-box.  You could set your personal canonized reputation score, below which no mail gets into your inbox.  If a particular one does make it through, and you don't like it, you give it a negative reputation, and nobody else will have the same problem.  And if something does make it through, you can trust that it will be worth your time.

Brent Allsop

206
General Discussion / Open survey for the most popular DAC ideas.
« on: February 11, 2014, 03:47:57 am »
Hello anyone who has any idea for a DAC,

We've started a brain storming open survey at Canonizer.com to attempt to get a measure of popularity of all the various DAC ideas floating around out there.  The goal is also to help people interested in similar ideas to find each other and collaborate on a concise descriptions of each DAC's specs.  This will be possible because of the powerful consensus building structure of the open survey system.

http://canonizer.com/topic.asp/164/2

As you can see, the survey has been seeded with one camp representing a Canonizer Coin DAC.  All you need to do is create a new camp for your DAC idea.  If your DAC would adhere to the BitShare Contract put your camp as a supporting sub camp of the "Supporters of the Angel and Proto Share Contract", like the Canon Coin camp.  Otherwise, you can have the parent camp for you DAC be the root camp.

Everyone can then rank their top 10 or more DACS by joining their camps, in a prioritized order.  This will give a measure of relative popularity of each of the ideas.  Also, supporters can help wiki and improve their favorite camps.

As always, let me know if anyone has any questions, or would like help getting their camp started.  Everything to do with a camp can be changed like a wiki at any time (given the supporters agree, and don't object to any proposed changes during the one week review period, efficiently ensuring unanimous agreement) so if you have any idea at all, no matter how crazy, all you need to do is get a camp started, and let everyone else who supports the idea help take it from there in the very efficient way of the wiki.

Upwards,

Brent Allsop

P.S.  If you want to see all survey topics regarding Crypto Currency, go to the Canonizer.com main page, and select the Crypto Currency name space.  Of particular interest may be topics like this one that seeks to survey everyone to find out what they currently think is the best DAC technology, Bitshares, Etherium, and so on:

http://canonizer.com/topic.asp/163




207
I'm working on setting up a windows development environment for keyhotee, Bitshares and stuff.

If someone who has done this before could spend an hour or so helping me with this, it would surely save me a bunch of time.

Oh, and there are some protoshares for anyone able to help out.

Thanks

Brent





208
Keyhotee / Re: compile keyhotee on ubuntu 13.10
« on: February 04, 2014, 10:16:22 pm »


I'm trying to install Qt5 with:

qt-linux-opensource-5.2.0-x86_64-offline.run

But getting:

Warning: /opt/Qt5.2.0//Tools/QtCreator/bin/sdktool: error while loading shared libraries: libGL.so.1: cannot open shared object file: No such file or directory

Does this have anything to do with not having a graphical head, and just trying to use a remote X server?


Brent Allsop



209
Keyhotee / Re: Post your Alpha Keyhotee Public Key and Be known!
« on: February 04, 2014, 12:13:27 am »
6ZWz56DU76WkpgzFvDVJhxa1KHYEQTzsUgpinCRQ7mSVGWn6RG

210
General Discussion / Re: Allocation of Resources from AGS donations
« on: February 03, 2014, 04:21:14 am »
Would you please give a link or reference that explains what this means?

http://abc.go.com/shows/shark-tank/about-the-show


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