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Technical Support / Re: witness_node completely froze overnight
« on: December 14, 2015, 01:39:35 pm »
It's something in the latest version which is causing it. Unclear what, though.
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What is the actual function we are talking about here, that dice requires, and bitshares does not currently have?
Is it just a transparent, verifiable RNG?
Or does it require an escrow smart contract whose result is based on the outcome of the RNG?
Is the existence of such a function, by itself, considered gambling? Or is it how a frontend website/client uses that function.
Are there any other legitimate uses for that type of contract? Couldn't the contract be created with existing multisig functions?
At the very least we could have the RNG. There's no way, that this alone could be considered gambling. Random numbers are used for all sorts of things. It would be up to the frontend how to use it, and only they would be subject to whatever legal or cultural consequences.
I don't think bitshares needs to directly offer gambling, but I do think bitshares should have the simple tools available for someone who does want to offer it themselves.
Is there any possible way that any MITM attack can happen? Can anyone find out who is sending messages to who, or who is checking their messages and when? Encryption doesn't go far enough.
So to get this started, please place your bids for the MAKER asset which will earn 20% of all liquidity incentivization rewards if the Liquidity Incentivization proposal is approved and executed. Lets see how the community actually values this potential feature and then move on from there.
The only way to bring this into bitshares (which makes any sense) is to do nothing and wait for proper anonymity to be implemented in bitshares transactions. Then you just send a memo and you're done.
But does it scale? How much data is contained in a memo?
It is our belief that the cost of implementing a feature must be less than the present value of a feature. It is the belief of Cryptonomex that this particular feature is worth much more than the cost to implement it and therefore Cryptonomex will be implementing it speculatively in exchange for a cut of all MSHARES for all assets that use this feature to improve their liquidity.
In my mind I thought that it could be implemented as a market for an interest rate on an asset borrowed for a certain amount of time(second, minute, hour, day, whatever) coupled with the ability to lock funds in protocol based on the loan contract.