Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.

Topics - kyletorpey

Pages: [1]

General Discussion / Do Bitassets Create Inflation?

« on: August 29, 2014, 12:40:26 am »

For example, if BitShares X is widely used, there would be a lot of BitUSD, BitGLD, BitBTC, etc. in circulation. Does BitShares X cause inflation for these real world assets? Is there really a hard 21 million cap on Bitcoin if there are also 1 million BitBTCs in circulation?

Technical Support / Updated BitSharesX, asking me to create an account?

« on: August 28, 2014, 11:52:08 pm »

Just updated BitSharesX and it's asking me to create an account instead of typing in my password. What happened to my account? Have I lost it?

General Discussion / Why isn't Bitshares Being Built Directly on Top of Bitcoin?

« on: December 28, 2013, 10:05:48 pm »

Wouldn't it be better to have people converting bitcoins directly to BitUSD, BitGold, BitEuro, etc. rather than having Bitshares as the middle man? I also don't mean anything like what Mastercoin is doing, as I think they should also be building all of their features directly on top of Bitcoin. I know that some people say the reason that the middleman is needed is to give people an incentive to build the project in the first place, but don't people who already own bitcoins benefit from new features built on top of Bitcoin?

Keyhotee / A Darkweb Through Keyhotee?

« on: December 13, 2013, 05:43:00 pm »

I've heard that it will be possible for Keyhotee to eventually turn into a new form of darkweb. While I understand that data sent from a user's computer into the BitMessage-like messaging system will be encrypted, won't the IP address of the user still be visible? I'm not sure how all this works technically, so I could definitely be wrong. As far as I know, this is still a problem for bitcoin as of right now.

General Discussion / Datacoin is a DAC for Cloud Storage

« on: December 11, 2013, 12:44:08 am »

bitcointalk thread: https://bitcointalk.org/index.php?topic=325735.0
Official site: datacoin.info

What are your thoughts on this project? It is definitely limited in use by the fact that you can only store 128KB files at the most, but it's definitely an interesting idea. It could have a few different uses, one being the sharing of torrent trackers. Instead of hosting torrents and posting them on the Pirate Bay, people could upload the torrent trackers to the Datacoin blockchain. It may also be possible to expand the file size limits through "personal chains".