Great ideas, we should implement asap!

Wow.  That was a shitty day for bitshares. 

Lift your head look around.  You're still alive.  If you are like me then you are a bit poorer for it.  If you are not then fuck you I don't really want to hear about it.  (just kidding feel free to gloat.  We always need reminders of how trashy people act.)

Like many of you I feel as if I was just kicked in the nuts.  over and over again.  I feel as if I live in the quiet little hamlet of BitShares, and the evil dragon Margin of Polo has lain waste to my kinsmen.  Burned many alive.  Scared many others away to live in the wastes.  Forgetting why they ever called BitShares home.  There were some just here for coin.  I wont miss them.  There were however some that understood that neither profit nor wealth could ever be completely measured in dollars nor even btc.  That attempting to measure your profit or wealth in the symbol of your enslavement only makes you more of a slave.  If any of those have been scared away they will be missed.  Even the ones I think are assholes.  The potential loss of human capital is far more concerning than that hideous to watch drop in price. 

I think its important to put shitty days behind you.  If you don't then you tend towards having a shitty now.  I would much rather have a shitty yesterday than a shitty now. 

Anyways just the thoughts a 35 year old man that answers to the forum name puppies.  I understand if that doesn't increase your confidence in my opinion.

I hear you Puppies.....but the occasional slamming reminds you just how robust those fun-berries actually are!  The human capital you mention, represented by those minds that are awake to the reality of the world in which we live, will not be so easily dissuaded.  In fact, i feel certain that the BitShares community can only grow as more and more people who were searching for a genuine alternative to the system that is destroying their environment, freedom and future....eventually find us.  I can speak only for myself but i am not here by chance, I haven't stayed for profit.  The idea of BitShares gave a home to my deep and implacable conviction that we can do better and that the collateral cost of the current system is absolutely, insanely, monstrous.  As long as BitShares represents the highest standards of governance and ideology, supported by unfettered innovation, collaboration and economic sense.......this is the only place to be.  I feel sure so many feel something similar.  I look forward to the day that the BitShares price is the result of a deep market within the DEX on the back of massive utility based demand.

This is excellent.  By the way, still waiting on my brother for an Indonesian quote.  Will chase.

ping

so much excellent suggestions and you used the worse logo ever! (just my personal opinion)

I really like this logo too, only I think it could be refined some more to give it greater elegance.

Cob, you are doing really really amazing work.  Thank you for the update.  Really well done!

Thanks for the warm welcome everyone!

Quote from: Ben Mason on October 27, 2015, 09:41:19 pm

Welcome David. Your website looks very nice and the project sounds very intriguing. Would you mind explaining a little bit about the governance architecture of IOTA please? How trust in the system established and maintained?

Thanks for the kinds words.
For sure, so in IOTA there is no mining and there are no fees, instead transactions are confirmed by very lightweight PoW which is established by an unique alloy of techniques whose combination gives an unprecedented result. If you have read the whitepaper you will get a better idea. The details are quite challenging to explain in layman terms.  But if you are an experienced programmer it will be easier to grasp. In short: Iota client doesn't need to order transactions, it doesn't need to track balances, it doesn't need to validate transactions most of time except lightning-fast verification of a PoW token.

If you have any specific technical questions we'll try to answer them as clear as possible

I'm afraid i'm not a programmer...maybe one day!  I will indeed read the whitepaper, however, what i'm getting at is how your system ensures transaction processors remain honest?  If you could articulate this concept in as simple terms as possible, i would very much appreciate it.

Blockchains seem to be moving rapidly beyond the ridicule phase.

Great news BM!  Thank you FMV!