196
General Discussion / Re: Political Irrationality
« on: February 11, 2016, 07:08:23 am »
Watch also this: TEDxMileHighSalon - Michael Huemer - The Irrationality of Politics
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197
General Discussion / Re: Things I don't like about the committee
« on: February 07, 2016, 03:59:01 pm »
bitcrab is a businessman, not a solution seeker interested in finding good incentive structures.
That's why he got a response like this - for pushing his interests above the interests of the whole system.
No, bitcrab received the response he did because some people think it's more productive to attack the person rather than the idea. It was an embarrassing thread to read.
Personal attacks on bitcrab shame this community. Discussion and arguments should not be about personal attacks but about ideas.
Those who attacked personally bitcrab using vulgar language should be ashamed of themselves.
I'm not ashamed. Bitcrab has shown many times that he is not interested in cooperative discussions. He is interested only in his own agenda and he doesn't give a shit about anybody else – or the whole system, which is most important thing here. Toxic people like him should be driven away from any community that wants to function properly. I'm horrified that so few other members of this community are seeing it.
198
Random Discussion / Re: Learning to Trust Strangers (article on reputation networks)
« on: February 07, 2016, 03:27:21 pm »
Good discussion on identities in Epicenter Bitcoin: EB109 – Tim Pastoor: Rethinking Identity As A Decentralized Web Of Trust With Identifi
Quote
Identity is probably one of the most important constructs in our society. In our modern world, protecting one’s identity has become complex, as we no longer rely solely on governments to prove who we are. In addition, most identity sources can be easily compromised. Credit cards and social security numbers weren’t developed with the Internet in mind, and other identifiers such as logins and passwords aren’t well suited truly secure authentication and authorisation.
We’re joined by Tim Pastoor, Founder of 2way.io, to discuss how we can improve control of our identities using concepts borrowed from Bitcoin. Tim walks us through how people could better manage different identities and build reputation networks using Identifi, a global address book protocol invented by Martti Malmi, one of the very first Bitcoin users. We also talk what role this system could play in the future as autonomous agents and artificial intelligence become more prevalent.
Topics we discussed include :
– The history of identity systems and how traditional identity systems are broken
– How the invention of Blockchain technologies changed the way we think of identity
– The Identifi protocol and how it works
– How we can build reputation through Webs of Trust (WoT)
– The future of identity and how Identifi could provide ID for IoT, robots, autonomous agents and artificial intelligence
– 2Way.io and what the company is trying to achieve
199
General Discussion / Re: Please vote out Bitcrab if you care about bitshares.
« on: January 31, 2016, 01:03:30 pm »Please vote out Bitcrab if you care about bitshares.
I think we need to be careful what we wish for.
It seems to me that bitcrab has enough power to fork BitShares and start over thus effectively push BitShares out of China.
At least I would do that if I were him.
There will be a significant market cap drop if he does that.
We need to be prepared for this.
It's also possible that Bitcrab doesn't give up and will go on with his harmful plans and destroys Bitshares. Either-or, this is a fucked up situation.
200
General Discussion / Re: Please vote out Bitcrab if you care about bitshares.
« on: January 31, 2016, 06:46:24 am »Bitcrab has demonstrated many times that he is not willing to listen to other people and he is not interested in any compromises. I consider him as the biggest threat against Bitshares at the moment. I've seen people like him before and every time they just destroy everything if community is not able to get rid of them in time.
interesting.
I am open to any ideas, just today I raise a "3 modes" solution and try to reach a consensus with other groups.
yes, I dear to say no to anyone, I always state things directly, I insist my belief, I am a fighter, not a sweet gentleman.
I suggest you spend time on giving convictive ideas, not on doing personal attack. because the latter make no use.
No, you are not open to ideas. You just say that so your opponents will waste their time to write and explain their ideas. But in the end you will just ignore them and go on with your plans. You fight only for yourself, not for Bitshares.
201
General Discussion / Re: Please vote out Bitcrab if you care about bitshares.
« on: January 30, 2016, 06:25:08 pm »Integrity is vital to a commitee member. Taking any action that takes advantage of advanced knowledge and position for profit demonstrates complete unsuitability for the role. Any committie memeber prooven to lack integrity must be removed.
I would take bitcrab's sincere efforts to improve the BitShares network.....along with the challenge of discussion in reaching a positive outcome for all......over a politician any day of the week.
Jonny, do you still feel OP is fair to Bitcrab? I think he's demonstarted a willingness to show he's a person and to search for a compromise.
Bitcrab has demonstrated many times that he is not willing to listen to other people and he is not interested in any compromises. I consider him as the biggest threat against Bitshares at the moment. I've seen people like him before and every time they just destroy everything if community is not able to get rid of them in time.
202
General Discussion / Re: poll for the "1 BTS for transfer" proposal
« on: January 30, 2016, 06:03:11 am »below is the data of the transfer fee of the top12 cryptocoins in coinmarketcap:
some info:
1. the average transfer fee is $0.01.
2. the top3 high fee coins are MaidSafeCoin, Bitshares and Factom. however the other 2 are both coins for special functions - MaidSafe is for distributed storage and Factom is for notarization.
it is said that BM has said(not confirmed yet) in recent mumble session that in order to cover costs and prevent spam, the minimum fee should be $0.005-0.01
to calculate the cost of 1 transfer is not easy, it depend on several factors, especially the TPS, so now I just take BM's conclusion, if anyone has better result, please kindly share.
upon the above data, I give 2 areas for reasonable transfer fee on Bitshares platform for reference: the wider one: 1BTS-10BTS, the narrower one: 2BTS-5BTS.
It's useless to make comparisons with unsustainable systems. The real costs of bitcoin transactions are much higher because they are funded with inflation.
And also it's useless to think what the transaction cost should be in BTS, because it is meant to be calculated in USD (or in other fiat currency) and it's committee's job to adjust BTS price of transaction based on the fiat price. So this whole poll is pointless. The poll should be on USD price, not BTS price. This is again a clear sign that you don't understand how Bitshares works or is supposed to work.
203
General Discussion / Re: poll for the "1 BTS for transfer" proposal
« on: January 29, 2016, 09:09:24 am »
I'm off from the forum for a while and what do I find when I come back? Bitcrab is still in the committee and he is still trying to destroy Bitshares.
Can't you just vote him out? He has demonstrated for many, many times that he doesn't understand how a DAC works and he is not interested in listening to arguments from other people. This is just some kind of power game for him, where he tries to get as much power as he can – and he doesn't care if Bitshares will be successful or not. Seriously, if you want Bitshares to succeed, Bitcrab and his minions have to be voted out.
Can't you just vote him out? He has demonstrated for many, many times that he doesn't understand how a DAC works and he is not interested in listening to arguments from other people. This is just some kind of power game for him, where he tries to get as much power as he can – and he doesn't care if Bitshares will be successful or not. Seriously, if you want Bitshares to succeed, Bitcrab and his minions have to be voted out.
204
General Discussion / Re: BTC-EUR Market Based on Blockchain
« on: January 18, 2016, 11:52:33 am »
I'd guess that exchangeEUR/bitEUR peg will hold quite well. No need for bots or anything, just place orders with a profit margin you want. It's so easy that anybody can do that.
205
General Discussion / Re: Bitcoins Chaos is an Opportunity?
« on: January 18, 2016, 09:36:05 am »
This is a great opportunity! But first and foremost we have to give intellectual arguments and feedback to explain how and why Bitshares is superior compared to Bitcoin.
Bitcoin is failing and this time it's for real. This will not kill it yet, but there will be lots of users looking for something better. The technology behind Bitshares is best at the moment, so of course we should finally try to do some serious marketing.
Bitcoin is failing and this time it's for real. This will not kill it yet, but there will be lots of users looking for something better. The technology behind Bitshares is best at the moment, so of course we should finally try to do some serious marketing.
206
General Discussion / Re: BTC-EUR Market Based on Blockchain
« on: January 18, 2016, 08:50:37 am »What I don't get is how having the various XXXXX.YYY improves over centralized exchanges. If your company disappears, we're all left with useless tokens.
This is how exchanges work. When customers are trading, they are using IOUs, not real things.
Wouldn't it make more sense to accept deposits in EUR and hand out BitEUR?
This would be just selling and buying euros and biteuros. So it's more something that traders do, not exchanges.
207
General Discussion / Re: Help spread the word: List of external threads needing up-votes/comments
« on: January 16, 2016, 05:17:31 pm »
If you have account at Medium, click the little green heart at the bottom of the text: https://medium.com/@ Samupaha/bitcoin-has-a-governance-problem-2dd1b171f45f#.i7s0rb25b
edit: remove the space from the link, had to put it in there because mentions-plugin breaks it
edit: remove the space from the link, had to put it in there because mentions-plugin breaks it
208
General Discussion / Re: My failed attempt at trying to explain BitShares and OL to C-CEX. Help needed.
« on: January 16, 2016, 02:44:15 pm »The main challenge I see here is "users" or say "customers". They said "I don't want to send users elsewhere". However, unless an exchange let their customer register on BitShares platform, it's difficult to use BitShares's Market Engine. Even CCEDK has both a self maintained engine + self maintained user database, and BitShares Engine + BitShares user registration entry, which are independent to each other so far.
So another challenge is resource. In this way the exchanges have to split efforts between 2 platforms. It's hard if they haven't enough resources.
Yeah, these are good points.
So we should focus on exchanges:
- That are just starting. They don't have their own market engine yet. They can start with Bitshares blockchain and speed up their launching.
- That have crappy market engine. It needs complete rewriting. They don't need to do that, they can just change to Bitshares blockchain.
The target is of course to have the exchange use only our blockchain and not their own market engine. Most potential exchanges are those who are in a need of a market engine.
If the exchange has already a good market engine and devs that can handle all necessary development, we don't have much to offer at this point. Maybe best scenario would be that they are interested in becoming a gateway.
209
General Discussion / Re: My failed attempt at trying to explain BitShares and OL to C-CEX. Help needed.
« on: January 16, 2016, 12:57:48 pm »
Akado, I think you are a little bit too fixated to the shared orderbook and common asset thing. I agree that it would be great to see that but given that it's very difficult to achieve I don't think that we should focus on that right now.
First, let's try to get at least one exchange to use Bitshares blockchain as their trading engine (besides OL).
This is how I would market it:
You can use Bitshares blockchain as a trading engine: You can either use it just for your own tokens or let users trade all assets that are available. No need for development and maintenance of your own trading engine.
You need to do only the GUI, hot and cold wallets and a gateway to handle the deposits and withdraws.
Users will use IOU-tokens in the blockchain, issued by your gateway.
Whitelisting is optional. This means that you can restrict how your IOUs are traded. For example, you could have BTC-IOU that can be traded freely in the blockchain, and you could have USD-IOU that can be traded only by those accounts that are identified, and only with IOUs that are issued by you.
You will get a share of the transaction fees when users make transactions with the assets that you have issued.
You can make extra money by referring users to the Bitshares blockchain. You will get referral income automatically, handled by the blockchain, everytime when users make transactions. For exchanges this might bring significant amount of extra revenue.
Steps:
1. Create GUI for your exchange and a gateway with hot and cold wallets.
2. Issue UIA for all assets that you are going to use.
3. Start marketing and advertising.
First, let's try to get at least one exchange to use Bitshares blockchain as their trading engine (besides OL).
This is how I would market it:
You can use Bitshares blockchain as a trading engine: You can either use it just for your own tokens or let users trade all assets that are available. No need for development and maintenance of your own trading engine.
You need to do only the GUI, hot and cold wallets and a gateway to handle the deposits and withdraws.
Users will use IOU-tokens in the blockchain, issued by your gateway.
Whitelisting is optional. This means that you can restrict how your IOUs are traded. For example, you could have BTC-IOU that can be traded freely in the blockchain, and you could have USD-IOU that can be traded only by those accounts that are identified, and only with IOUs that are issued by you.
You will get a share of the transaction fees when users make transactions with the assets that you have issued.
You can make extra money by referring users to the Bitshares blockchain. You will get referral income automatically, handled by the blockchain, everytime when users make transactions. For exchanges this might bring significant amount of extra revenue.
Steps:
1. Create GUI for your exchange and a gateway with hot and cold wallets.
2. Issue UIA for all assets that you are going to use.
3. Start marketing and advertising.
210
Random Discussion / Re: Farewell to Mike Hearn and Some Thoughts on Scalability
« on: January 16, 2016, 08:43:48 am »
Since nobody is talking about Bitcoin governance, I'm really skeptical that it can be saved. There is no serious brainstorming in Bitcoin community to find an adequate governance mechanism.
Even if they find a good governance structure, it will be very difficult to change to it. Why? Because Bitcoin is lacking it now. They are unable to do any meaningful changes to anything. I predict that it will mean that Bitcoin is pretty much doomed.
So, what's the best blockchain governance system today? IMO Bitshares is the leader, I haven't seen anything that would be even close to us. This is what I've been telling to my friends. I recommend that everyone of you will do the same. Great governance system is one of our biggest selling points.
BTW, there was already a topic for this. To keep the forum clean, OP should have been posted there. General discussion is already bloating too much of topics that should be elsewhere.
Even if they find a good governance structure, it will be very difficult to change to it. Why? Because Bitcoin is lacking it now. They are unable to do any meaningful changes to anything. I predict that it will mean that Bitcoin is pretty much doomed.
So, what's the best blockchain governance system today? IMO Bitshares is the leader, I haven't seen anything that would be even close to us. This is what I've been telling to my friends. I recommend that everyone of you will do the same. Great governance system is one of our biggest selling points.
BTW, there was already a topic for this. To keep the forum clean, OP should have been posted there. General discussion is already bloating too much of topics that should be elsewhere.
