The best analogy if your audience is from the financial world is it works exactly like a spot forex contract.

They are kind of like futures except they are perpetual. And instead of a retail broker who bets against you, you are betting against the hive mind consensus of everyone else who is involved.


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I've read the mythical man-month. That mostly applies for trying to add 1,000 people to a 5,000 team in the last minute.

I agree that adding a person post Feb 28th was probably not going to help much, because it's about designing the algorithm, not the implementation.

However I would still argue that you COULD have had an alternative solution being developed side by side.

My biggest frustration here is that you consider yourself the authority on the subject because you have captured the funds.

However if you had offered a hefty bounty for developing a POS trading, I'm sure some talents, would have participated and the result would have been healthy competition. And by hefty bounty I mean $50K-$100K and above.

However you just assumed that Bytemaster is the best to do everything hard, and now you are going to lick your wounds.

The right way to do BitShares would have been to allow the community to decide which DACs they can put their money in. I definitely don't like the "I buy AGS, and I get % of all the DACs".

Furthermore creators of new DACs have to still organize their own funding. Which I thought your platform would allow.

Again as a developer I did not see compelling reasons to join your effort, and I would have loved to. You have attracted investments, but not development talent. Hopefully that will change soon.

Quote from: talk_nonsens on April 25, 2014, 08:00:37 pm

How time flies! summer is coming!!!
I still remember someone said that we would be happy this spring. But I'm not, at all.

I just had my driveway repaved.
About halfway through the task the contractor's paving equipment broke.
All that hot asphalt had to be roughly spread on the rest of the driveway by hand.
Then we had to drive over that mess for a week while the equipment was being repaired.
I wasn't happy.  Not at all.
But they came back and finished the job.
The driveway is much thicker than it would have been.
Everything is smooth and beautiful.
Now I am happy.  I hardly remember the time when I was unhappy.

 

Stan, what you are doing lately on these forums I think is called "lip-service". It's not fun anymore. Hire professionals, get it done.

What is the bottleneck? And why could you not solve it by hiring a top notch developer?

Sounds great!! Thanks for the update!


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Just watched a video from MaidSafe. They also solve the communication in one product. Really exciting stuff.


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They are doing proof of burn are they not? If so, nobody is going to be holding "useless" MSC since it would be destroyed


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And a more serious list of bounties would be good too. I have considered joining the effort and I believe I could have made a massive difference. However I don't know about other talented developers but my full time job pays me close to 500BTC/year. I'm not greedy but I3 has only successfully attracted investors, but not developers. Hoarding all that BTC is a huge mistake, people want to see their investment at work.


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