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It clearly IS competing against BTS as a sharedrop target and against BTS market value.
Actually there is one argument AGAINST using BTS as sharedrop target no-one brought up yet:
If you can recall PTS prices, what exactly happened after 28th of february last year?
BTS(X) market cap was effectively taken out of the PTS market cap at the time of the snapshot and the priced tanked big time.
Because BTS are used as collateral, this may result in ... you guess it .. a black swan (of course only if the airdropping market cap is large vs. BTS's market cap)
Also, IMHO, the goal of a snapshot is NOT to drive the price up (because it will go down again eventually) .... but to honor a community.
In my opinion, snapshots nowadays only make sense if you do them without further notice .. that way you
* do not drive price up
* prevent a price tanking at the time of the snapshot
* while you are still able to drop on your valuable demographic
Just my thoughts ..
I guess having the possibility of a snapshot that could occur at any time would encourage folks not to leave their BTS on some external exchange and not to sell BTS even temporarily just to fool around promiscuously with other coins...
Has there been any word as to around when the snapshot is expected to take place?
It could be announced with some advance warning like we have done in the past, but we really like xeroc's ideas about announcing it at some point AFTER it has occurred. This would minimize any "black swan" impact to the chain from people pumping then dumping around a pre-announced snapshot date. It would also have the effect of encouraging people to HODL their shares for a long-term probability of a snapshot, not just buying in just in time to collect. This rewards HODLers which is not a bad idea.
Here's what xeroc recently posted:^^ THIS! but mainly because of what I stated in my previous post.It clearly IS competing against BTS as a sharedrop target and against BTS market value.
Actually there is one argument AGAINST using BTS as sharedrop target no-one brought up yet:
If you can recall PTS prices, what exactly happened after 28th of february last year?
BTS(X) market cap was effectively taken out of the PTS market cap at the time of the snapshot and the priced tanked big time.
Because BTS are used as collateral, this may result in ... you guess it .. a black swan (of course only if the airdropping market cap is large vs. BTS's market cap)
Also, IMHO, the goal of a snapshot is NOT to drive the price up (because it will go down again eventually) .... but to honor a community.
In my opinion, snapshots nowadays only make sense if you do them without further notice .. that way you
* do not drive price up
* prevent a price tanking at the time of the snapshot
* while you are still able to drop on your valuable demographic
Just my thoughts ..
I guess having the possibility of a snapshot that could occur at any time would encourage folks not to leave their BTS on some external exchange and not to sell BTS even temporarily just to fool around promiscuously with other coins...
Does this work on the Blackberry?I haven been praying for the last years for someone to put BB out of his misery. [emoji5]
Isn't it true that you can adapt the android apps for use on blackberry?
Yes i know, i'm one of the few people on earth to have not made the switch to the iphone.
Unfortunatly there is no BB version, anyway i will take a look.
QuoteWhich brings me back to...why not here? Or on both chains...or on your own DPOS Ethereum chain?
So the important thing to understand is that we didn't choose Ethereum, we chose the EVM. Ethereum is just the first blockchain implementing the EVM, and implementing it is something many blockchains could potentially do in the future, with huge benefits such as being sidechains with each other by default. Right now I know if at least 2 other public blockchains that will be supporting the EVM, and Maker will be able to move part of itself and all of its assets onto these blockchains as well, existing simultaneously on every EVM chain.
There are two main reasons for choosing the EVM 1) it is easier and more efficient to build custom applications like Maker there than in any other way (due to the insanely good solidity scripting language). 2) It is easier to integrate with, and provide financing to, other DAO and dapps that reside in the same ecosystem.
Bitshares is more specialized for providing specific, hardcoded and very efficient products like bitUSD whereas the EVM is a general purpose protocol that can exist on multiple blockchains. Perhaps at some point bitshares might implement it as well, but I have no real idea about the feasibility of this.
Side fact: BTS has 393,395,829 BTS UNCLAIMED right now .. why sharedrop those?
Thanks for answering. When you say "brain key", are you referring to the password? Or the recovery key? Also, if one loses the recovery key but still has the password and can log into the wallet, are they able to generate a new recovery key? Thanks again for your help.brain key = recovery key
If you can access your wallet, then you can go to the advanced tab and recover your recovery key .. do this NOW!
IMHO the only motivation to tag it "experimental" is that there are no unit-tests to make sure EVERYTHING works as expected. I would consider it secure assuming your computer is securedIs it unstable? Is it not secure? What functionality does it lack? And lastly, will balances in this web wallet transfer over to 2.0? Thanks in advance.Can someone knowledgeable please answer these questions about the current web wallet? Thanks.
I am pretty sure that you will be able to import the "brain key" into 2.0 easily.
Maybe I'm missing something here, but I don't understand why this conversation is taking place considering a) there is currently an end-user web wallet available,
I assume you mean this: https://wallet.bitshares.org/
From the website, it looks like it might only be experimental but I'll check it out. Thanks for mentioning it. I wasn't aware of it.
Yes, that is what I was referring to. It works fine for me, at least for transferring balances. But perhaps we can find out from one of the devs why it's considered "experimental". Is it unstable? Is it not secure? What functionality does it lack? And lastly, will balances in this web wallet transfer over to 2.0? Thanks in advance.
@tbone I'm reuploading another copy. No clue why that one is still processing. I'll post new link when ready, sorry.
Edited version is ready : https://soundcloud.com/tuck-fheman/beyond-bitcoin-bonus-hangout-on-qora-with-vrontis-july-25th-2015
Is the recording of this hangout going to be available anytime soon? Eager to hear it. If editing is holding it up, perhaps a raw version can be posted in the meantime? Would certainly be appreciated.
@tbone Posting my raw copy to soundcloud, will link it here when done.
https://soundcloud.com/tuck-fheman/raw-beyond-bitcoin-bonus-hangout-with-vrontis-from-qora
Needs a few minutes to process. skip the first 5 minutes or so when everyone was confused.
Maybe I'm missing something here, but I don't understand why this conversation is taking place considering a) there is currently an end-user web wallet available,
I assume you mean this: https://wallet.bitshares.org/
From the website, it looks like it might only be experimental but I'll check it out. Thanks for mentioning it. I wasn't aware of it.
