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1/11/17 ***NEW THREAD - https://bitcointalk.org/index.php?topic=1723391
Distributed Autonomous Fantasy Football
whitepaper
http://satoshifantasy.com/media/satoshifantasy.pdf
source
https://github.com/jaybny/fantasybit
Key Features:
- proof-of-stake system, without pre-distribution
- written in pure C++11, from scratch
- Code ready for MVP release.
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Potentially very cool!
Honors AGS/PTS? I'm guessing no because "proof-of-stake system, without pre-distribution", what does that mean?
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Potentially very cool!
Honors AGS/PTS? I'm guessing no because "proof-of-stake system, without pre-distribution", what does that mean?
No pre-distribution, no pump and dump, all fantasybits are generated by NFL players playing football. there a some other potential ways for a return on equity. no real business plan here, system designed to grow organically.
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Potentially very cool!
Honors AGS/PTS? I'm guessing no because "proof-of-stake system, without pre-distribution", what does that mean?
No pre-distribution, no pump and dump, all fantasybits are generated by NFL players playing football. there a some other potential ways for a return on equity. no real business plan here, system designed to grow organically.
So the ones that gable early on will hold the shares?
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Potentially very cool!
Honors AGS/PTS? I'm guessing no because "proof-of-stake system, without pre-distribution", what does that mean?
No pre-distribution, no pump and dump, all fantasybits are generated by NFL players playing football. there a some other potential ways for a return on equity. no real business plan here, system designed to grow organically.
So the ones that gable early on will hold the shares?
there are no shares.. kinda like currency, but predictions instead if mining.
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currency, shares, whatever - they are constantly generated as a reward for people making bets?
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Payton Manning throws a TD, this creates 400 fantasybits. Gets distributed among best predictions for Payton Manning in this game.
Two phases here:
Phase1: no betting, no transferring.. just earning bits... from predictions
Phase2: buy and sell season contracts, win and lose bits.. and normal currency transactions.
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I really like this. What feed would you use for the data?
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Yum...any way to explain this in detail and answer questions from the community after our next mumble session?
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I really like this. What feed would you use for the data?
there are multiple well known feeds for data. stats inc, fantasydata.com
Yum...any way to explain this in detail and answer questions from the community after our next mumble session?
sure.
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So it all comes down to a consensus of how a value is being created - if you create an algorithm that rewards majority of people just by honestly following a "decalog" for what is meaningful for them, then you have a succesfull DAC attracting beliefs driven people.
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;) when and where is this mumble session and how does it work?
Ive been working on reframing the concept over the past couple of months. The fantasybit implementation would be designed to appeal mostly to domain experts. So the expectation is that 99% of stake holders over the first year will not be running full nodes. This is a case of "centralization due to implementation complexity".
One example of "centralization due to implementation complexity" is merged mining. Merged-mining may cost "nothing" during actual mining/hashing. However, maintaining each coin has implementation complexity. So merged-mining would end up causing even more centralization and an even smaller group of profitable miners.
bytemaster, fuznuts , toast : please email or pm, to discuss current implementation plans. I know there is lots of overlap with bitshares, but I think they can work together.
jaybny .a.t. satoshifantasy .d.o.t. .c.o.m.
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Fascinating! Good work!
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http://satoshifantasy.com/bergstake-2/ (http://satoshifantasy.com/bergstake-2/)
Bergstake – distributed consensus
Bergstake represents the right to sign blocks in crypto-currency block-chains. Block signers receive rewards for securing the network. Rewards can be new coins and/or transaction fees. Bergstake differs from typical coin-stake, in that bergstake is non-transferable and lasts-forever *.
The bergstake concept is a generalization of “Proof-of-Skill” described by Jay Berg in the Satoshi Fantasy whitepaper (1). As each coin is created, whether by proof-of-work, pre-mine, or fantasy football points, the private-key holder of those new coins, automatically receives and equal amount of bergstake. Even if those new coins are transferred away, the bergstake remains.
Bergstake is an alternative distributed consensus mechanism, to Bitcoins proof-of-work mining. Bergstake attempts to solve known issues in all proof-of-stake blockchains.
Bergstake blockchains have knowledge of alternative forks. This enables a “proof-of-double-mining”, which has ability to destroy bergstake and its recent block reward. The risk of losing bergstake and recent virgin coins, is incentive to mine on only the “real” blockchain fork. This core feature fixes the “nothing-at-stake” flaw in proof-of-stake blockchains.
The algorithm that chooses the next block-signer can be gamed in other proof-of-stake blockchains. This technique, known as “costless simulation” or “stake-grinding”, entails a type of “mining” of the block data until its produces a hash that gives rights to sign the next block. Since all bergstakers are known in advance, a block-signer selection algorithm that mitigates grinding can be used. One technique, employed by Nxt, is to use the hash of the previous two signers to select the next signer. Another technique involves choosing the next N signers based on current signer and a pseudorandom number.
Other problems arise, as Peter Todd asks, “can I use stake to get more stake”. Bergstake can only be used to generate coins, not more bergstake.
Bergstake is currently being developed within the new upcoming Breakoutcoin. There will be a proof-of-work period where block signers will get bergstake in addition to the normal Breakoutcoin reward. After the initial phase, Breakoutcoin will be secured and will reach distributed consensus using pure “bergstaking”. Block signers will continue to receive the same new coin reward as in the proof-of-work phase. Once all coins have been distributed, bergstakers will be rewarded with transaction fees only.
*bergstake can be lost by Proof-of-double-mining. Bergstake can be transferred, as an inheritance for example, by providing the original private-key
(1) http://satoshifantasy.com/media/satoshifantasy.pdf (http://satoshifantasy.com/media/satoshifantasy.pdf) – Distributed Engineered Autonomous Agents : Satoshi Fantasy
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awesome idea +5%
need to read that whitepaper
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Very interesting. I like how the Bergstake actually measures how involved (and successful) you are in the predictions and the coins are separate deal. This is better than any voting, too bad it requires data feed.
Where we could get more info on Breakoutcoin ?
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What I really love about this idea is that, like the Athlete Sponsership DAC proposed in another thread, this is something I never would have thought of and perhaps even I3 didn't see coming. I am looking forward to many years of being surprised.
"In my opinion, all previous advances in the various lines of invention will appear totally insignificant when compared with those which the present century will witness. I almost wish that I might live my life over again to see the wonders which are at the threshold" - Charles Holland Duell, United States Commissioner of Patents, 1902.
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Also, in line with bitDNS, bitTunes, etc. what about bitPool?
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Very interesting. I like how the Bergstake actually measures how involved (and successful) you are in the predictions and the coins are separate deal. This is better than any voting, too bad it requires data feed.
Where we could get more info on Breakoutcoin ?
Doesnt really require a data feed, but does require an agent (oracle) to provide the feed data inside a block. subtle difference.
Here is some info on Breakout.
http://satoshifantasy.com/breakoutcoin-with-bergstake/
Breakoutcoin is being funded by www.breakoutgaming.com
fantasybit.com - im trying to get the fantasybit coin in a basic working state by Sept 3, before NFL week1. Ive been stuck on porting C++11 code to windows... running out of time. any suggestions?
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So the ones that gable early on will hold the shares?
yes. as of now there are only 3 players. they will split all 4 million coins for the 2014 season.. thats assuming I get something working in next 2 weeks... :'(
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This very nice. Still reading through it.
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Potentially very cool!
Honors AGS/PTS? I'm guessing no because "proof-of-stake system, without pre-distribution", what does that mean?
Hey Toast, hows it going? Yes, there is a way to honor AGS/PTS .. basically the "Data Agent" gets all leftover coins.. so can give 10% to AGS/PTS.
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Bounty.
http://fantasybit.com/media/WebSiteSpecifications.pdf
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;) when and where is this mumble session and how does it work?
Ive been working on reframing the concept over the past couple of months. The fantasybit implementation would be designed to appeal mostly to domain experts. So the expectation is that 99% of stake holders over the first year will not be running full nodes. This is a case of "centralization due to implementation complexity".
One example of "centralization due to implementation complexity" is merged mining. Merged-mining may cost "nothing" during actual mining/hashing. However, maintaining each coin has implementation complexity. So merged-mining would end up causing even more centralization and an even smaller group of profitable miners.
bytemaster, fuznuts , toast : please email or pm, to discuss current implementation plans. I know there is lots of overlap with bitshares, but I think they can work together.
jaybny .a.t. satoshifantasy .d.o.t. .c.o.m.
The Mumble Sessions are currently set up by myself and edited by Gamey, but literally anyone can attend and record. Though the weekly Dev hangout with BM is at 3pm EST every friday, it is not necessary to go with the same format.
With that said, there are many others on the forums who are also capable of performing the tasks myself and Gamey are working on performing. As more and more DACs that honor PTS/AGS are released, it is going to become much more difficult for our small team to cover all of them. Luckily, anyone who is able is allowed to set up a mumble hangout at any time and date...and covering any topic. All they need to do is take the initiative and use the tools provided to create value for the ecosystem.
I see you in the Mumble btw! Perhaps we could all start our own Fantasy Football League here on the forums too?? :P
(http://i.imgur.com/EEhnQif.gif)
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Perhaps we could all start our own Fantasy Football League here on the forums too?? :P
Done!
http://games.espn.go.com/ffl/leagueoffice?leagueId=1208550
-- 12 team league, live draft
-- can change format or times etc
-- click link to sign up directly or pm me your email address to join league
http://games.espn.go.com/ffl/tools/join?leagueId=1208550&inviteId=AAAABAAScOYAAAfeAAAAAgAAIzU%3D&inviteKey=43369
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http://www.meetup.com/Silicon-Valley-Bitcoin-Users/events/200993852/
Silicon Valley Bitcoin Meetup - 6pm @ Plug and Play Tech Center
Tuesday, September 2, 2014 6:00 PM
Silicon Valley Bitcoin
Meetup agenda:
This upcoming Tuesday, September 2nd, at 6:00pm, the Silicon Valley Bitcoin Meetup is proud to present a number of speakers, including:
Jay Berg of SatoshiFantasy.com, a Distributed Autonomous Fantasy Football Game
More speakers to be announced...
Plug and Play Tech Center
440 N. Wolfe Rd. , Sunnyvale, CA 94085
Our meetup will be held at Plug and Play's 2nd Floor "Game Room"
The Silicon Valley Bitcoin Meetup is hosted weekly, every Tuesday from 6:00pm to 8:00pm, at Plug and Play Tech Center's 2nd Floor Game Room.
Please join us and meet other Bitcoiners!
(http://i.imgur.com/AjY4ZBF.png)
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Hi Guys, This project is back on track, looking for help, please pm if interested. Jay
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Great idea :) +5%
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I am Funded! only 84 days to kickoff!
-- looking for Core C++ coders
-- can pay up to 50 BTC
-- need help with NAT holepunching and more
-- can also try to use toolkit, if someone wants to help.
any advice where to look?
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This sounds fun.
How do I get in on it for next season? Is it free?
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yes. its free. its starting Sept 1. hopefully.
sign up for the beta, and keep a look out for a release.
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https://bitcointalk.org/index.php?topic=1723391
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