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Messages - R

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961
The referral mechanism doesn't distribute new assets (I don't believe) out of thin air.
I don't think it's a ponzi scheme, you're not being asked to invest money with the promise that you'll earn extremely high interest rates on your investment.
Most businesses have referral/affiliate mechanisms.

Quote
"smart mining" is probably the best way to distribte coins during the PoW phase(you mine when your GPU/CPU isn't fully used)
There's no need for POW in DPOS. Besides, the best method of distributing coins is either sharedropping or DPOR (rewarding assets for verified BOINC Computation like in Gridcoin).

962
General Discussion / Re: DAC or DAO? do we really need dividend?
« on: January 18, 2017, 01:17:21 pm »
I think the peerplay's dividends feature for UIA would be pretty cool, I'd love the ability to create an UIA that had a customizable interest rate.

I don't think that we should start charging higher fees to reward holders, if we want this we should revert back to 'earn 5% on anything' because that was a huge selling point for BTSX.

963
General Discussion / Re: Gridcoin's BTS Web Wallet Customisations!
« on: January 17, 2017, 03:38:42 pm »
I thought the idea of Gridcoin is to combine POW with making calculations that are helpful to science.
What purpose does Bitshares server here? I am sure the answer is simple, I just don't get it.
Gridcoin does not use POW, it rewards verified BOINC computation on top of Proof of Stake.

The purpose of Bitshares is to serve as a decentralized exchange where we can trade open.grc upon.. lol

964
General Discussion / Gridcoin's BTS Web Wallet Customisations!
« on: January 17, 2017, 10:16:02 am »
https://steemit.com/gridcoin/@cm-steem/gridcoin-s-customised-bitshares-web-wallet-dex

The Gridcoin community has begun customizing the Bitshares web wallet, prioritizing OPEN.GRC as a featured asset & main trading pair against many important BTS assets!

It only took a day of editing (and a day of messing with the build environment) to get this far. It's not a live wallet for the public, but still in development & open-source for anyone to run locally.

I might create a guide for setting up a similar build environment using Windows and Virtualbox if anyone's interested?

I hope to add in new drop-down menus to the right of 'Deposit/Withdraw', linking to the other web wallets (OpenLedger, FreedomLedger, BTSABC, etc) and to BOINC/BTS/Gridcoin community links. The *.JSX is a tad confusing though..

Some of the screenshots still show Open.BTC being used as the trading pair, this has been changed.

Thoughts?



965
General Discussion / Re: TASKMANAGER Asset Info
« on: January 16, 2017, 09:57:16 pm »
In the GRC customized BTS web wallet, TASKMANAGER is a featured asset w/ an icon https://cryptocointalk.com/topic/51921-grc-bitshares-dex-grc-dex/ :D

966
Beyond Bitcoin [closed] / Re: [TEST] ShareBits Testing Thread
« on: January 12, 2017, 12:44:55 pm »
Cool, can we tip any asset via the forum?

967
Minimum required changes to revive an MPA after a black swan event: https://bitsharestalk.org/index.php/topic,23334.15.html

Very relevant to this thread.

968
Quick update regarding the 'GRIDCOIN' MPA - The Gridcoin price fluctuated, triggered a black swan state and the asset has been stuck in said state ever since: https://bitsharestalk.org/index.php/topic,22733.msg299091.html#msg299091

It has however opened the door to new developments by PC regarding MPA resiliency to black swan events. Once these new changes are in effect, the Gridcoin community will reactivate the market pegged asset, requiring more witnesses to produce the price feed.

Prior to the black swan event we only had 2 or 3 witnesses out of 25 (27?), whilst changing the witness count may be a dangerous idea the concept of vote weight degradation over time for witnesses and committee members is still sound.

What does everyone think?

969
General Discussion / Re: Changes I think Openledger needs
« on: November 21, 2016, 01:49:58 pm »
ad. 2
I strongly disagree!
First of all, this is Bitshares Wallet and openledger is one of the companies out there that emits its IOU,
there is no reason to be in any way favor

The bitshares blockchain will never limit the trading of any tokens against any other tokens. bitshares.org/wallet is the bitshares wallet

But why would a company like openledger want to support another companies UIA. Like i said in my example Poloniex doesn't let you trade Bitstamp dollars.
Perhaps a show/hide toggle for alternative EBA which have a similar purpose would be more appropriate than only showing OL's EBA?

If there was automatic bridging between identical EBA's then this would be less of an issue, you could just show 'eba.usd' rather than open.usd tether.usd etc.

970
General Discussion / Re: Another cryptonomex spin off?
« on: November 05, 2016, 02:48:40 pm »
https://bitsharestalk.org/index.php/topic,22317.msg290945.html#msg290945
https://bitsharestalk.org/index.php/topic,22561.0.html

Hopefully this isn't his planned merger of BTS + STEEM + <new project>, if it is we must utilize BTS stake weight voting rather than allowing a forced take-over! https://github.com/FollowMyVote/StakeWeightedVoting

971
Stakeholder Proposals / Re: [Worker Proposal] BitShares Webdesign Mockup
« on: October 30, 2016, 03:01:54 pm »
I'll be voting to support this worker proposal, can't wait for the bitshares website to be redesigned :)

972
General Discussion / Re: btsbots wallet release v0.0.1
« on: October 29, 2016, 01:28:08 pm »
Looks great! :D

I'll be adding the open.grc link to the gridcoin website https://btsbots.com/a/OPEN.GRC

Keep up the good work!

974
General Discussion / Re: Gridcoin
« on: October 29, 2016, 11:53:47 am »

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