BitShares Forum

Specific Projects => Beyond Bitcoin [closed] => Topic started by: fuzzy on May 13, 2015, 12:52:34 pm

Title: Hangout every Friday @ 10am EST/STD
Post by: fuzzy on May 13, 2015, 12:52:34 pm
It's that time again! Ask below...

And don't forget to join us and never forget...your voice counts. 
NEW Beyond Bitcoin Mumble Server Setup Directions here! (https://bitsharestalk.org/index.php?topic=15362.0)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on May 13, 2015, 01:44:52 pm
When I look into the source code of our wallet GUI - it seems to be very modern, clean and solid.
When I try to use it - all I feel is frustration: I feel lost and insecure while doing basic stuff like voting or shorting bit-assets.

The GUI client needs a solid overhaul from the UX perspective.
I know there are other priorities and UX cannot be fixed quickly but I think we definitely should address and discuss it before 1.0 is released.

My questions for BM:
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Thom on May 13, 2015, 04:58:47 pm
When I look into the source code of our wallet GUI - it seems to be very modern, clean and solid.
When I try to use it - all I feel is frustration: I feel lost and insecure while doing basic stuff like voting or shorting bit-assets.

The GUI client needs a solid overhaul from the UX perspective.
I know there are other priorities and UX cannot be fixed quickly but I think we definitely should address and discuss it before 1.0 is released.

My questions for BM:
  • Do you agree that the current UX is much below standards when compared to what mainstream banking can offer?
  • Are we going to see in 1.0 a massive improvement in terms of UX? Are you going to employ a UX specialist for that?
  • Are you willing to present UI design for 1.0 on the forum before the wallet is released to get our feedback before it is too late to change anything?

+5% jakub on every single point. These are questions that many of us want answered.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ben Mason on May 14, 2015, 07:00:25 am
I think it's fair to say that there is a general sense of anticipation regarding the upcoming launch of several strands of work that have been in production mostly behind the scenes. Whilst I understand and support the difficult choice to keep things less public, I'd very much like to know the following;

1. After the launch of this latest round of changes, will you be able to commit to and publish a roadmap to 1.0.

2. How do you feel about the recent work being done and the present state of the Bitshares ecosystem?

3. Can you give an update on the possibility of Peertracks using the Bitshares blockchain?

4. Do you believe that FMV will deliver the value you originally believed it would when retaining the project and team for Bitshares?

If there isn't time or whatever, the first two questions are more important to me! Thanks.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: EstefanTT on May 14, 2015, 02:29:56 pm
The future of the salary of delegates with the reforms with paied workers and referal program is very ... fuzzy ;p

We build a web site aiming to inform french people about BitShares, keep them in touch with updates and create a strong french community. Build it, add it a forum, translate "101 BitShares" and some articles was only the tip of the iceberg of our project. We made it with free time and private funds but to move the project further, we would need some funds.

The web site : http://www.bitsharesfcx.com (http://www.bitsharesfcx.com)

What would be the most time effective way to collect some funds in a monthly base to fuel the project.
Isn't it risky to invest the time and money to be delegate and when we would finally reach the goal, having a reform where deleguate only sign blocks ?

Edit : This is our example but to avoid project like us to be waiting for more stable ground to decide what is the next step, it would be great to know if it's still a good idea to shoot at the delegate post. Maybe some project should focus more on referal or paied worker system, even if it's not even decided.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: speedy on May 14, 2015, 03:40:49 pm
4. Do you believe that FMV will deliver the value you originally believed it would when retaining the project and team for Bitshares?

I would like to ask this too, and was the 30M BTS really worth it?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on May 15, 2015, 12:03:58 pm
I think this one was posted in the wrong thread so I repost it here:

Favdesu prompted me to post my question here,

What ever happened to Baozou, I thought he was PR manager?

Quote
the Core Developers would like to appoint DACx, a cornerstone business of the Bitshares ecosystem founded by Mr. James Gong (aka. Baozou) that could bring us to a place where we could only have dreamed of, as the official spokesman (the “Spokesman”) on behalf of the Core Developers to take over the PR initiative. Bytemaster and the other Core Developers will accordingly be cooperating with this PR initiative moving forward and defer to the Spokesman in any PR matters.

https://github.com/bytemaster/bytemaster.github.io/commit/0a75b983a8d7eb0c54fb8ffbb757b603a7022ae4
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: liondani on May 15, 2015, 12:43:19 pm
I noticed that your contributions to the bitshares project lately (after February...!!!) are the minimum I ever could personally imagine...
Have you not free time? Are you working on something else? Maybe focused on "notes" like toast do right now?  If so, don't you think it is unfair for bitshares investors? Specially after all this merge-thing and the promise that the core devs would all focus more on bitshares (and not less) and not to other chains?... (like notes?)... or is another merge in  plan?  ::)
Sorry if I am missing something.... I really hope that is the case  :)


(http://1.bp.blogspot.com/-1xT9sumgIHw/VVXnfsAjU5I/AAAAAAAADZY/p9yr3LqX4AQ/s1600/git.png)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ben Mason on May 15, 2015, 01:05:15 pm
I noticed that your contributions to the bitshares project lately (after February...!!!) are the minimum I ever could personally imagine...
Have you not free time? Are you working on something else? Maybe focused on "notes" like toast do right now?  If so, don't you think it is unfair for bitshares investors? Specially after all this merge-thing and the promise that the core devs would all focus more on bitshares (and not less) and not to other chains?... (like notes?)... or is another merge in  plan?  ::)
Sorry if I am missing something.... I really hope that is the case  :)


(http://1.bp.blogspot.com/-1xT9sumgIHw/VVXnfsAjU5I/AAAAAAAADZY/p9yr3LqX4AQ/s1600/git.png)

devs are working on the next big release behind the scenes in a private repo ..
according to bytemaster, an annoucement will be made within the next 2-4 weeks
 

As Xeroc says....
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bytemaster on May 15, 2015, 01:13:51 pm
I noticed that your contributions to the bitshares project lately (after February...!!!) are the minimum I ever could personally imagine...
Have you not free time? Are you working on something else? Maybe focused on "notes" like toast do right now?  If so, don't you think it is unfair for bitshares investors? Specially after all this merge-thing and the promise that the core devs would all focus more on bitshares (and not less) and not to other chains?... (like notes?)... or is another merge in  plan?  ::)
Sorry if I am missing something.... I really hope that is the case  :)

devs are working on the next big release behind the scenes in a private repo ..
according to bytemaster, an annoucement will be made within the next 2-4 weeks
 

As Xeroc says....

I can give you a brief update on the amount of c++ development work the Devs have done:

We have added over 17,000 lines of code.   To put that in perspective the public code for the blockchain library and database is also 17,000 lines of code. 

In the past 3 months the dev team has produced more than the 9 months before it and this work will be made public in a few weeks.

 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: liondani on May 15, 2015, 01:39:56 pm
I noticed that your contributions to the bitshares project lately (after February...!!!) are the minimum I ever could personally imagine...
Have you not free time? Are you working on something else? Maybe focused on "notes" like toast do right now?  If so, don't you think it is unfair for bitshares investors? Specially after all this merge-thing and the promise that the core devs would all focus more on bitshares (and not less) and not to other chains?... (like notes?)... or is another merge in  plan?  ::)
Sorry if I am missing something.... I really hope that is the case  :)

devs are working on the next big release behind the scenes in a private repo ..
according to bytemaster, an annoucement will be made within the next 2-4 weeks
 

As Xeroc says....

I can give you a brief update on the amount of c++ development work the Devs have done:

We have added over 17,000 lines of code.   To put that in perspective the public code for the blockchain library and database is also 17,000 lines of code. 

In the past 3 months the dev team has produced more than the 9 months before it and this work will be made public in a few weeks.

 


Thanks for the clarification! That explains it all !  :D

PS imagine when active community members have questions/concerns/doubts like this what is the case for first time visitors/investors when they check github etc...
     Can we stick your answer/quote somewhere with great visibility, for example on the top of the forum home page?  :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ben Mason on May 15, 2015, 01:48:18 pm
I noticed that your contributions to the bitshares project lately (after February...!!!) are the minimum I ever could personally imagine...
Have you not free time? Are you working on something else? Maybe focused on "notes" like toast do right now?  If so, don't you think it is unfair for bitshares investors? Specially after all this merge-thing and the promise that the core devs would all focus more on bitshares (and not less) and not to other chains?... (like notes?)... or is another merge in  plan?  ::)
Sorry if I am missing something.... I really hope that is the case  :)

devs are working on the next big release behind the scenes in a private repo ..
according to bytemaster, an annoucement will be made within the next 2-4 weeks
 

As Xeroc says....

I can give you a brief update on the amount of c++ development work the Devs have done:

We have added over 17,000 lines of code.   To put that in perspective the public code for the blockchain library and database is also 17,000 lines of code. 

In the past 3 months the dev team has produced more than the 9 months before it and this work will be made public in a few weeks.

 

Everyone working their ass off, take heart!  The Devs are honoring those efforts in the best possible way......i frikin love you guys.  Wow.  +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Krills on May 16, 2015, 06:40:11 am
In the past 3 months the dev team has produced more than the 9 months before it and this work will be made public in a few weeks.
This is the secert sauce? :o
really hope this time will not delay or just a empty promise.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Troglodactyl on May 16, 2015, 12:35:55 pm
In the past 3 months the dev team has produced more than the 9 months before it and this work will be made public in a few weeks.
This is the secert sauce? :o
really hope this time will not delay or just a empty promise.
I don't think it's an empty promise.  I'm pretty convinced they're really working on something big and that they're really excited about it.  The question is whether community will share that excitement.

Personally I think the dev team is getting stronger, and they started out pretty good, so I expect what they're all so excited about is quite worthwhile.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: brainbug on May 18, 2015, 06:43:42 am
I have a quick question regarding client and GUI:

I saw (https://github.com/BitShares/bitshares/releases) that only for Linux there are separated programs, i.e., client (daemon?) and GUI. Why is this not the case for MacOS and Windows? I would love to run a "headless" client on Windows - given that the official GUI is still a bit buggy.

That way, people could start writing GUIs independently, or start integrating Bitshares into their applications. I'd love to see that possibility. Any chances on this on systems other than Linux any soon?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: brainbug on May 18, 2015, 06:53:01 am
Would is be possible to include a subpage on bitshares.com that summarizes network stats like https://stats.ethdev.com? Don't get me wrong, http://bitsharesblocks.com is doing a great job, but just not presenting informations as sound and eye-catchy as https://stats.ethdev.com does it. Just an idea.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sittingduck on May 18, 2015, 11:44:31 am

I have a quick question regarding client and GUI:

I saw (https://github.com/BitShares/bitshares/releases) that only for Linux there are separated programs, i.e., client (daemon?) and GUI. Why is this not the case for MacOS and Windows? I would love to run a "headless" client on Windows - given that the official GUI is still a bit buggy.

That way, people could start writing GUIs independently, or start integrating Bitshares into their applications. I'd love to see that possibility. Any chances on this on systems other than Linux any soon?

You can run headless on any platform.


Sent from my iPhone using Tapatalk
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 19, 2015, 07:25:15 pm

I have a quick question regarding client and GUI:

I saw (https://github.com/BitShares/bitshares/releases) that only for Linux there are separated programs, i.e., client (daemon?) and GUI. Why is this not the case for MacOS and Windows? I would love to run a "headless" client on Windows - given that the official GUI is still a bit buggy.

That way, people could start writing GUIs independently, or start integrating Bitshares into their applications. I'd love to see that possibility. Any chances on this on systems other than Linux any soon?

You can run headless on any platform.


Sent from my iPhone using Tapatalk

what do you mean by "run headless"?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on May 19, 2015, 07:51:19 pm
Headless = nonGUI
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on May 19, 2015, 09:08:30 pm
When do we individually get to hangout with bytemaster and record the session for everyone else to hear later???

Dan, fair warning, when my time comes for a 1on1 hangout, we're (legally) smoking a fatty and then you're just going to talk for a full hour afterwards without interruption (other than the occassional, "whooooaaaa, duuuuude", from me in the background).

I expect nothing less than mind-blowing brilliance from our 'hangout'.


On a serious note, some of the questions asked in this thread were answered/addressed in the previous two sessions from what I remember (see above).
https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-15-2015/ (https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-15-2015/)
https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-8-2015/ (https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-8-2015/)

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 20, 2015, 05:05:00 am
Headless = nonGUI

Thanks xeroc.

When do we individually get to hangout with bytemaster and record the session for everyone else to hear later???

Dan, fair warning, when my time comes for a 1on1 hangout, we're (legally) smoking a fatty and then you're just going to talk for a full hour afterwards without interruption (other than the occassional, "whooooaaaa, duuuuude", from me in the background).

I expect nothing less than mind-blowing brilliance from our 'hangout'.


On a serious note, some of the questions asked in this thread were answered/addressed in the previous two sessions from what I remember (see above).
https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-15-2015/ (https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-15-2015/)
https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-8-2015/ (https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-8-2015/)


Lol...hilarious post.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ben Mason on May 20, 2015, 07:39:47 am
Headless = nonGUI

Thanks xeroc.

When do we individually get to hangout with bytemaster and record the session for everyone else to hear later???

Dan, fair warning, when my time comes for a 1on1 hangout, we're (legally) smoking a fatty and then you're just going to talk for a full hour afterwards without interruption (other than the occassional, "whooooaaaa, duuuuude", from me in the background).

I expect nothing less than mind-blowing brilliance from our 'hangout'.


On a serious note, some of the questions asked in this thread were answered/addressed in the previous two sessions from what I remember (see above).
https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-15-2015/ (https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-15-2015/)
https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-8-2015/ (https://beyondbitcoin.org/developer-hangout-with-bytemaster-may-8-2015/)


Lol...hilarious post.

Ha ha, loved it! I would love an interview of BM like that so he could really cut loose.....no consequences, no questions just the occasional 'no way man' as he trips us out with his vision
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on May 20, 2015, 09:21:50 pm
We have added over 17,000 lines of code.

(http://www.mememaker.net/static/images/memes/4195987.jpg)
 :P
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: JA on May 20, 2015, 09:27:22 pm
We have added over 17,000 lines of code.

(http://www.mememaker.net/static/images/memes/4195987.jpg)
 :P
17k probably isnt even true

i bet it is something like 16998 lines  :P pathetic
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on May 20, 2015, 09:45:22 pm
i bet it is something like 16998 lines  :P pathetic

right, that's like only 1.99999% of existing code!!! i've read high exaggerations of 2% in other threads. and don't forget, the bitshares messenger (https://bitsharestalk.org/index.php/topic,16373.msg210243.html#msg210243) (wasn't that called Keyhotee at first?) said we weren't aware that this project died months ago. speaking of that, i really need to go register bitghost instead of hanging around this forum where they do nothing but look forward... so much so that they didn't even notice this is a dead project walking!

(https://38.media.tumblr.com/20cc238a2e0e1afdf33d04b1fc7670cf/tumblr_noo49dz8x01rtef2wo1_500.gif)

Man, this is worse than the Pepe market crash of 2015 (https://www.google.com/#q=pepe+market+crash+of+2015), countries were hurt (https://youtu.be/rdhNkv4ryuM)!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on May 21, 2015, 05:56:05 am
right, that's like only 1.99999% of existing code!!! i've read high exaggerations of 2% in other threads. and don't forget, the bitshares messenger (https://bitsharestalk.org/index.php/topic,16373.msg210243.html#msg210243) (wasn't that called Keyhotee at first?) said we weren't aware that this project died months ago. speaking of that, i really need to go register bitghost instead of hanging around this forum where they do nothing but look forward... so much so that they didn't even notice this is a dead project walking!
You do realize that parts of the code have been written by 3rd party developers like websocketspp, miniupnpc and other libraries?
Did you take the 'fc' library, the 'qt_wallet' and the 'web_wallet' into your considerations?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mirrax on May 21, 2015, 10:37:16 am
Quality is more important than Qtty.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on May 21, 2015, 01:22:52 pm
Quality is more important than Qtty.

 +5% +5% +5%
...and you guys know exactly the 10 things that I want to see in the next version (whether the BitShares DAC uses them or not, my clients WILL use them).
 
A successful company employs Workers who are driven, accountable and rewarded.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mirrax on May 21, 2015, 01:54:49 pm
What does +5% refer to?
I can see it all over the place...
Sorry for noob question  +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on May 21, 2015, 02:00:36 pm
What does +5% refer to?
I can see it all over the place...
Sorry for noob question  +5%
Initially .. like two yrs ago .. we used +5% as a meme of having interest on-the-blockchain ..
The particular 5% has been dismissed quite quickly as we realized it's unrealistic to have a fixed interest .. but the meme stayed :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 22, 2015, 01:47:52 pm
Questions below this point will be asked in NEXT week's hangout (29 May 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on May 22, 2015, 09:52:49 pm
right, that's like only 1.99999% of existing code!!! i've read high exaggerations of 2% in other threads. and don't forget, the bitshares messenger (https://bitsharestalk.org/index.php/topic,16373.msg210243.html#msg210243) (wasn't that called Keyhotee at first?) said we weren't aware that this project died months ago. speaking of that, i really need to go register bitghost instead of hanging around this forum where they do nothing but look forward... so much so that they didn't even notice this is a dead project walking!
You do realize that parts of the code have been written by 3rd party developers like websocketspp, miniupnpc and other libraries?
Did you take the 'fc' library, the 'qt_wallet' and the 'web_wallet' into your considerations?

I'm joking x, poking fun at another thread that cried "only 2%!".
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on May 23, 2015, 06:35:36 am
woops .. mixed things up .. again ..

i appologize :D
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on May 23, 2015, 06:11:22 pm
woops .. mixed things up .. again ..

i appologize :D

My RL is serious enough.  Online is where I escape it and have fun. ;)

I haz disclaimers in muh sig now!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 23, 2015, 06:24:57 pm
Please consider only asking questions here.  It helps me to keep the hangouts directed toward questions.  Makes it a bit more difficult to find all the questions when there is unnecessary commenting here.  Thanks for understanding everyone...but this is a place for only asking questions for future hangouts. :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on May 23, 2015, 06:47:29 pm
I'd prefer if you responded to this question during the hanghout and not (only) here on the forum (unless you plan on doing both).

bytemaster,

Previously you stated you would be keeping track of CIYAM's progress with automated transactions. Now that CIYAM, Qora, Burst have successfully completed an atomic cross-chain transaction on a mainnet, what are the realistic expectations regarding BitShares and AT time wise? I'm assuming AT is not a high priority for BTS, but would be a welcome addition, if doable.

I'd really love to see something like Roland Faust's Simple Term Deposit AT on the BitShares blockchain. Please make it happen!  ;)

Oh and if BitShares does add AT, please have documentation (a how-to at the least) publicly available at the time of release.

I'm learning (on Qora) and with no docs, having to find a dev on slack and ask one question at a time over several days is tedious. So put it out with training wheels on for those of us at the back of the herd.  ;)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mirrax on May 24, 2015, 07:18:15 am
I have a guestion for that guy.

what is this?
http://ptscrypto.com/
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: JA on May 24, 2015, 08:16:02 am
I have a guestion for that guy.

what is this?
http://ptscrypto.com/
Protoshares that was renamed to Bitshares-PTS and moved from a pow algorithm to dpos.
BitShares aswell as other DACs sharedropped on protoshares.

But since no new DAC that looks promising enough decided to sharedrop on it people forgot about it.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 24, 2015, 11:54:36 am
I have a guestion for that guy.

what is this?
http://ptscrypto.com/
Protoshares that was renamed to Bitshares-PTS and moved from a pow algorithm to dpos.
BitShares aswell as other DACs sharedropped on protoshares.

But since no new DAC that looks promising enough decided to sharedrop on it people forgot about it.

I have not forgotten about it.  People who Sharedrop on PTS will still gain my personal support, though it will only be my own personal support that is guaranteed in that equation.  AGS is another place I would support because they are the ones who really truly were the believers who donated to the construction of the toolkit.  In my mind, they are not only a demographic that represents the cream that rose to the top, but are actually the sweetest  of the cream. 

Sharedropping is a means of gaining support from all the original founders here in BitShares who are consistently adding value to the BitShares ecosystem and constructing infrastructure that will easily form a foundation to promote the value of new DPoS Chains.  Many people who clone BitShares and DPoS chains do not wish to sharedrop because they let greed overrule their own rational judgment, but 10%-20% sharedropping on these people is probably the most intelligent thing a clone can do...because it gives them a portion of the network effect that has already taken nearly 2 years for this strong community to create. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 29, 2015, 06:34:11 am
Don't forget!  Questions for today's hangouts :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mirrax on May 29, 2015, 06:45:29 am
Ok

Current price rise seems like proper pump and dump backed with proper hype.
I am little bit worried you will rool out 10% of promised stuff and than we are back on the death slide.

Please commnet on that issue for me.

Thanks a lot.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on May 29, 2015, 09:34:31 am
Ok

Current price rise seems like proper pump and dump backed with proper hype.
I am little bit worried you will rool out 10% of promised stuff and than we are back on the death slide.

Please commnet on that issue for me.

Thanks a lot.

Questions I would personally like to ask:

Paypal - New Draconian Polices take effect July 1st.  <-----What are BM's general thoughts?  Does he have any?  He closed his account like many in the community so it would be interesting to hear his and the rest of the community's reasons for closing their Paypal accounts.

Increase in MarketCap <-----  Why do you think talking price is valuable and are there any more important metrics people should consider?

Old DAC Ideas     <----- I was looking at some old DAC videos by BM in the early days of BitShares and became very interested in how he thought the ecosystem might develop moving forward.  Will all DACs have a reason to all be part of BitShares?  Or does he see "BitShares-Powered" chains existing beside BitShares?  Do any of the old DACs seem like valuable concepts today? 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 02, 2015, 07:22:14 am
Questions below this point will be asked in NEXT week's hangout (5 JUN 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on June 04, 2015, 03:36:37 pm
If you are confident talking about it:
What is the investor funding the dev team atm getting in return?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Jon Snow on June 05, 2015, 03:26:24 am
bytemaster,

First, let me say, thank you good sir for creating Bitcoin!

Second, why did you leave Bitcoin to start BitShares?

What is "LMAX"?

Define "a good while", in terms of dev funding. See previous hangout where you stated, "the core devs have secured funding to be around a good while".

"Privacy and speed do not mix"? This sounds like a challenge or do you believe such a dilemma will never be conquered?

"BTS benchmarks 180,000 per second (only claim 100,000 per second), assuming all nodes have bandwidth to handle load."  How much bandwidth is required by a delegate to "handle the load"?

"if you vote poorly, price goes down". Is there a solution for poor voting, outside of voter education? You can't force people to pay attention and I'd hate to blame BitShares failure on "poor voting" by hodor.

Please discuss the new licensing more.

I want you to take a "look at the technologies" in BitShares and give your assessment of how it compares to other top crypto's. Are you happy with where BitShares is today?

Do you consider BitShares to be ahead or behind of where you thought BTS would be 2 years ago?

What's different about BitShares today, compared to your original vision? Why is it different?



Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bobmaloney on June 05, 2015, 03:45:53 am
bytemaster,

First, let me say, thank you good sir for creating Bitcoin!

Second, why did you leave Bitcoin to start BitShares?

What is "LMAX"?

Define "a good while", in terms of dev funding. See previous hangout where you stated, "the core devs have secured funding to be around a good while".

"Privacy and speed do not mix"? This sounds like a challenge or do you believe such a dilemma will never be conquered?

"BTS benchmarks 180,000 per second (only claim 100,000 per second), assuming all nodes have bandwidth to handle load."  How much bandwidth is required by a delegate to "handle the load"?

"if you vote poorly, price goes down". Is there a solution for poor voting, outside of voter education? You can't force people to pay attention and I'd hate to blame BitShares failure on "poor voting" by hodor.

Please discuss the new licensing more.

I want you to take a "look at the technologies" in BitShares and give your assessment of how it compares to other top crypto's. Are you happy with where BitShares is today?

Do you consider BitShares to be ahead or behind of where you thought BTS would be 2 years ago?

What's different about BitShares today, compared to your original vision? Why is it different?
He kills one lousy White Walker and now he knows everything?

You (still) know nothing, Jon Snow.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: hodor on June 05, 2015, 06:54:58 am
You can't force people to pay attention and I'd hate to blame BitShares failure on "poor voting" by hodor.

hodor?  :-[
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BunkerChainLabs-DataSecurityNode on June 05, 2015, 08:16:36 am
Part of the plans for the BunkerMining Delegate development are to incorporate our own crypto-coin exchange. It will be necessary to eventually break away from delegate pay and stand on it's own while maintaining no network fees for miners as we do now.

We are looking at using a similar platform to yumbi. While it has all the latest and greatest in security as far as an exchange goes, I think it can be better with BitShares.

There is over 4000BTC in value being mined every day between bitcoin and all the alts, and we aim to capture 9% of that space in a short period with our plan and run it straight into BitShares.

To keep things simple for payouts, we are looking at using a single UIA that would become a payout unit in itself. All the coins we mine we would convert to BTS and then allow our miners to then go into the DEX and convert our UIA to the available bitUSD or bitCNY or bitGOLD etc as they like.

The BUY price of the UIA in the various markets will be set by a penny SELL from our network that is calculated against the profitability. This sets the market price that the UIA holder can expect to convert on at that time.

When a BUY bitUSD order is placed for say UIA:bitUSD it would show up in our transaction wallet and then trigger our server to fulfill the rest of that BUY order. This way all markets will be available to miners and investors to convert their UIA into whatever bitAsset best suits them.

The UIA could be pegged to anything we choose. It could simply be BTC or LTC.. maybe even BTS.. or we could do something more interesting like using the current market costs of hashing power as the peg value to create a new index value.

What kind of peg in this type of market do you think would hold the best universal value where ultimately people will stop calculating in BTC MH/s per day to instead this UIA MH/s per day as a more telling standard for profitability?

Thanks!

PS: For those that don't know about BunkerMining, you can see it here in English and Chinese at http://vote.bunkermining.com .. and if adding these kinds of volumes to bitshares sounds good to you.. vote! :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 05, 2015, 10:42:51 am
Having put 10BTC to moonstone, it's disappointing to see it's stuck around 17% funding. Any insight into what will happen now with that?

Obviously, I'm hoping 1.0 lives up to expectation. I wonder what the recent price rise was on the back of. There is naturally a risk putting everything out of sight and I'm not talking simply of insider trading but of the usual excuse for a pump. Having everything in the open, helps avoids a pump in error and sees any rises in price, better reflect the reality. There's always reason to create excitement but doing that on the evidence is better because it's less volatile.

Also, although I know little of the technical detail, I see a lot of talk of Rust being better than C++ and wonder if BitShares has considered that.. apparently, it cuts down the code base substantially and brings rigour that avoids common bugs.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 05, 2015, 01:35:39 pm
Are we any closer to getting a PPA Repository to save users compiling their own?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 05, 2015, 07:57:38 pm
Having put 10BTC to moonstone

(http://www.reactiongifs.com/r/activate.gif)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 05, 2015, 08:13:14 pm
Is that yo mamma?

You can have your fun after you've done the same or more.. that was the point, as a prompt to others to excuse why it's only at still 17.65%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 05, 2015, 08:17:41 pm
Is that yo mamma?

(http://thatplaceinmyhead.files.wordpress.com/2012/01/swag.jpg)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on June 05, 2015, 08:31:51 pm
Having put 10BTC to moonstone, it's disappointing to see it's stuck around 17% funding. Any insight into what will happen now with that?

What happens now is that you wish you had bought BTS with it instead.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 05, 2015, 08:37:03 pm
What happens now is that you wish you had bought BTS with it instead.

Are you two not fans of moonstone?.. and if not, why not?

Rather than just chatter nonsense, I put money where my mouth is. Try and take the piss, if you want but it's more useful than hot air and cheap shots. Also Taulant recommitted to the 15% return today (https://bitsharestalk.org/index.php/topic,16710.0.html), not that the return over the top of what those BTS will be is why I did it.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 05, 2015, 09:06:05 pm
Are you two not fans of moonstone?

I'm a fan of humour.

Honestly, I don't care what any of you do with your own money. I don't care how much money you have. I don't care how much money you donated or invested. I simply don't care about money that much at all. I don't mind having it, and I don't mind not having it ... it seems to be very abundant and I've had no problems acquiring it when required.

So I don't let it make me angry.

Muh GIF was simply a jab at what appeared to be a boastful comment. You know like ... "dude, look (http://i.imgur.com/pgumrOz.jpg) how big (http://i.imgur.com/VDRGOEK.jpg) muh bitcoin penis (http://i.imgur.com/4j0X8VR.jpg) is!"

OP, man I'm sorry, I did it again. Just ban muh ass already. I'm going back to work on the hangout short transcript.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 05, 2015, 09:11:03 pm
I'm a fan of humour.
..
OP, man I'm sorry, I did it again. Just ban muh ass already. I'm going back to work on the hangout short transcript.

Yeah.. perhaps stick to what you are good at.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on June 05, 2015, 09:18:06 pm
There is over 4000BTC in value being mined every day between bitcoin and all the alts, and we aim to capture 9% of that space in a short period with our plan and run it straight into BitShares.

You're aiming to capture ~10% of that market? Sounds pretty ambitious and I'm a little sceptic.  Att the moment, 3600 BTC are mined everyday (that's what I recall reading around, I would appreciate if someone would confirm this).

Also, only small miners will move into alt coin mining, if not, they wouldn't continue to mine bitcoin this far. Meaning I don't see a significant amount of people move from btc mining into alt mining, this situation can change however depending on btc price and mining difficulty.

That leaves us with 400 btc per day, which is already the ~10% you claim to achieve. That means you will make almost >90% of alt coin miners move into your pool? I want it to happen but I honestly don't see it happening. I know I'm doing a lot of assumptions but I just can't see where you took those numbers from.

Also, I know it's relative as I understand it's difficult to put a timespan on these things, but assuming everything goes well (you have the monetary support you need with your delegates, etc), for when do you predict this to happen?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: lil_jay890 on June 05, 2015, 09:18:47 pm
What happens now is that you wish you had bought BTS with it instead.

Are you two not fans of moonstone?.. and if not, why not?

Rather than just chatter nonsense, I put money where my mouth is. Try and take the piss, if you want but it's more useful than hot air and cheap shots. Also Taulant recommitted to the 15% return today (https://bitsharestalk.org/index.php/topic,16710.0.html), not that the return over the top of what those BTS will be is why I did it.

During Taulants hangout the other day he mentioned that most of the big players are waiting until the end to add their funds.  They wan't the wallet badly and don't really care about the BTS return of 15%.  They wan't someone else to pay for the open license, then the wallet is basically free for them.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 05, 2015, 09:22:33 pm
During Taulants hangout the other day he mentioned that most of the big players are waiting until the end to add their funds.  They wan't the wallet badly and don't really care about the BTS return of 15%.  They wan't someone else to pay for the open license, then the wallet is basically free for them.

Yes, it sounded very positive.. it is better of course to have more people buy in and the sweetner is a good one. Hopefully that interest alluded to will follow through. Still better that the community here can muster itself when something like moonstone steps up rather than looked for new business interest.. but then on the flipside if it is sincere interest it's engaging new business interests rather than individuals, which is exactly the right way to go.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 05, 2015, 09:32:49 pm
I'm a fan of humour.
..
OP, man I'm sorry, I did it again. Just ban muh ass already. I'm going back to work on the hangout short transcript.

Yeah.. perhaps stick to what you are good at.

https://soundcloud.com/beyond-bitcoin-hangouts/taulant-beyond-bitcoin-05-29-2015-dev-hangout-s3#t=29:58 (https://soundcloud.com/beyond-bitcoin-hangouts/taulant-beyond-bitcoin-05-29-2015-dev-hangout-s3#t=29:58)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 05, 2015, 11:35:00 pm
I really can't stop here, I love Tuck

(http://www.reactiongifs.com/wp-content/uploads/2013/02/just-hug-it-out.gif)

and am still indebted to him (200BTS).

Actually, I was requesting it from the person who was willing to file a complaint. I did a small percentage of their legwork, so I want to tax them.

Considering they like how the government works, they shouldn't mind being taxed and will be more than willing to pay me for teh assistance.

(https://scontent-a-lhr.xx.fbcdn.net/hphotos-xpf1/t31.0-8/p480x480/10974174_10152852180193001_5720973623348168827_o.jpg)

I see Charlie, Peter and others, but I can't figure out what Tom Six (https://duckduckgo.com/?q=tom+six&ia=about) is doing there???  ;)

And if I am going to make someone powerful, it might as well be Tuck and :
http://bytemaster.bitshares.org/

(http://www.reactiongifs.com/r/wic.gif)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BunkerChainLabs-DataSecurityNode on June 06, 2015, 12:58:59 am
There is over 4000BTC in value being mined every day between bitcoin and all the alts, and we aim to capture 9% of that space in a short period with our plan and run it straight into BitShares.

You're aiming to capture ~10% of that market? Sounds pretty ambitious and I'm a little sceptic.  Att the moment, 3600 BTC are mined everyday (that's what I recall reading around, I would appreciate if someone would confirm this).

Also, only small miners will move into alt coin mining, if not, they wouldn't continue to mine bitcoin this far. Meaning I don't see a significant amount of people move from btc mining into alt mining, this situation can change however depending on btc price and mining difficulty.

That leaves us with 400 btc per day, which is already the ~10% you claim to achieve. That means you will make almost >90% of alt coin miners move into your pool? I want it to happen but I honestly don't see it happening. I know I'm doing a lot of assumptions but I just can't see where you took those numbers from.

Also, I know it's relative as I understand it's difficult to put a timespan on these things, but assuming everything goes well (you have the monetary support you need with your delegates, etc), for when do you predict this to happen?

Sure.. to clarify some points.. we are going to be supporting more algos including bitcoin. Large cloud mining operations wil point to various pools for profitability and distribution of difficulty control. Once we are established part of the plan is to seek out agreements with these operations to bring hash to our pool. They want to mine not just bitcoin but anyting else that will support more profitability... for example merge mining. That's where we will position ourselves. So long as we are reliable (bunker helloooo), consistent in our payouts, and of course profitable.. they will happily send their hash our way.

Smaller miners are mining everything they can that makes money. There is more agility in alts because they have often higher profitability at certain points than bitcoin. Same thing big or small though, be reliable, be consistent.. be transparent.. and be most of all profitable.. and they will point their hash our way. I personally know of a handful of small miners whos combined hash generate close to 80BTC a day who are willing to give our pool a try once its ready. There are still a fair number of 'small' miners. Would only take impressing those handful with what they see to make them talk to all the others.

That's all the push... then there is the pull.. we will buy up our own hashing power to boost our overall pool.. leasing, cloud mining, and maybe even some of our own hardware (gpu only.. nuts to buy any asic whatever today).

So to reach 9% would mean approaching close to 400btc a day. That's further along when we have a convergence of pool, exchange, and market. Nonetheless you can see it's quite reachable from a few vectors even earlier on in our pool only operation.

The prospect of mining REAL GOLD and REAL SILVER are going to capture a segment also that wants to move away from bitcoin and/or alts to get real assets. There are potentially new markets even who will see this as an opportunity and will want to buy hash power from us and/or perhaps one of our partner cloud mining sources to mine for real gold silver.

So am not just looking at the current market, but the new markets which we will create.

Hope that answered your questions.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 06, 2015, 02:51:25 am
2. or we don't care about making any money on our our BTS investment (like old Tucky here)

I want BitShares to succeed and I/we can't help but profit when BitShares succeeds. But, I/we profit by helping bring a decentralized financial tool into existence for humanity to use. Eventually, I hope this tool will help loosen, if not end, the control of central banks on all of our lives. I hope this technology will eventually free us all from the current debt slave system and give each one of us ownership of our money and the freedom to do with it as we please without a third party watching every transaction (see the coming cashless society).

I want a lot more than that, but ... watchlist and all, so I'll leave it at that.

davidpbrown, I'm sorry. I wasn't trying to offend you, just trying to make you laugh.

If we can't laugh at ourselves, it makes it harder to laugh at everyone else (https://youtu.be/UrgpZ0fUixs), and I really enjoy laughing at other people, so I make sure to carry a self-deprecating sense of humor everywhere I go.   :P

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 08, 2015, 11:56:58 am
Questions below this point will be asked in NEXT week's hangout (12 JUN 2015)
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Title: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: carpet ride on June 08, 2015, 11:58:33 am
Will BM shift somewhat towards focusing on business development / consulting post 1.0?


Sent from my iPhone using Tapatalk
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on June 08, 2015, 12:37:57 pm
Will BM shift somewhat towards focusing on business development / consulting post 1.0?

 +5% +5% +5%
..and if so, how exactly?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 10, 2015, 01:19:29 pm
I'm digging these two questions.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on June 10, 2015, 08:26:01 pm
Questions for BM ordered by importance:

1. You said that "BTS as collateral does create demand but is equal in opposite demand". What do you mean by ""is equal in opposite demand"?

2. What kind of customer are we targeting with the fee structure (20/4 cents)? Traders? Financial product consumers? Remittance and e-commerce?

3. Assume there is a wallet provider, a POS service provider and a merchant. Who gets the referral rewards of a customer's tx?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jannnic on June 10, 2015, 09:23:01 pm
For the mumble Hangout:

Will it be possible to migrate anonymously? I.E. as Titan won't be there in Bitshares 2.0 will the migrated account be known as ACOUNTNAME-XY (jannnic) so that everyone could see how many funds I have just trough migrating?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 10, 2015, 10:22:28 pm
For the mumble Hangout:

2. Will it be possible to migrate anonymously? I.E. as Titan won't be there in Bitshares 2.0 will the migrated account be known as ACOUNTNAME-XY (jannnic) so that everyone could see how many funds I have just trough migrating?

This should help ...

4:26 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=4:26): bytemaster : We will recommend for ease of migration users transfer all funds to themselves for each asset.

5:29 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=5:29): bytemaster: You will be able to export the private keys from the existing wallet into the new wallet and have all of your stake. All assets and bitassets will be migrated along with all short positions.

5:56 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=5:56): bytemaster : This is a 1 to 1 upgrade, we expect less than 24 hrs downtime between the snapshot and launch of the new system. The collateral requirements and pricing for the bitassets should remain unchanged.

6:51 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=6:51): bytemaster : We'll be working with the exchanges to be sure they're ready to upgrade, so I don't believe it will be a problem. The reason to transfer the funds to yourself is to have everything under one key. In BTS 2.0, every balance record (or key) will be it's own account, so it's going to work much closer to how bitcoin works, where every key is it's own account, so you're balances will be directly tied to your account name. TITAN users, your balance will be tied to your name.

8:53 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=8:53): bytemaster: We've been talking the past several months about TITAN being phased out. There's a lot of reasons. Peformance and getting rid of false sense of property. Voting was revealing your account. You didn't have direct control of how your identy was leaked out. We decided to stop trying to automate privacy, and instead to give the user direct control. You can still create many accounts and make sure you never transfer funds between your account.

27:57 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=27:57): bytemaster : Yes there's going to be 100% migration, no reallocation of stake.

33:26 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=33:26): community : How do you see migration path of DPOS 1 to DPOS 2 in terms of roles?

33:35 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=33:35): bytemaster : All migration paths are documented on BitShares website. If you can't find an answer post a question on the forum. Short answer, every delegate who is 5% and below will be migrated as a Witness only. Any delegate over 5% will be migrated as a Witness and a Worker. And all initial delegate positions will be held by the developers until others are voted in. In the new system delegates have control over proposing changing transaction fees and blockchain parameters.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on June 11, 2015, 07:23:09 am
@Tuck Fheman +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: lil_jay890 on June 11, 2015, 04:34:43 pm
What criteria must be met before the dev team decides that they have enough community input in order to release the testbed code?  At what point will their be a "feature freeze"?  Will there be a preliminary announcement of when the feature freeze will take place?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on June 11, 2015, 04:49:20 pm
Yes, Dan mentioned that would take place this summer during the switchover to 2.0.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Erlich Bachman on June 11, 2015, 04:54:05 pm
I would like to know what Dan was reeferring to in the last mumble when he said that he would wait until next week until he begins revealing what his first proposals as a contractor are going to be.  I want to see if his strategic direction is in line with Russ and I's ideas that we have been discussing following our mega percentage stake increase in this cute little microcap corporation.  I hope that your plans for the future are just as ambitious as your dream that got us here young Jedi.

We will be watching your progress, and voting exclusively for dev projects that only serve in Russ and I's personal financial interests.  In the meantime, go ahead and start pitching the ideas for future development, so we can begin discussing our options.  Sophisticated investors like ourselves always have our eyes on the future, so it behooves you to begin singing for your lunch son.

You said on your last mumble that you were the most sacred when the share price was at its low.  Sleep easier knowing that investors like Russ and I have your back next time the shit goes down.

Peace, brother.

https://www.youtube.com/watch?v=857XqOoMm8c#t=44s

Right Russ?   

https://www.youtube.com/watch?v=YUBpqOdF3i0#t=1m44s


Russ?....

https://www.youtube.com/watch?v=4utHn-iUvoI

how about this....eco-crypto-economics

cryptonomix?

Pass the shrooms Dan.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on June 11, 2015, 05:20:27 pm
Oh, I like ^this^ guy. 8)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bytemaster on June 11, 2015, 09:04:23 pm
I would like to know what Dan was reeferring to in the last mumble when he said that he would wait until next week until he begins revealing what his first proposals as a contractor are going to be.  I want to see if his strategic direction is in line with Russ and I's ideas that we have been discussing following our mega percentage stake increase in this cute little microcap corporation.  I hope that your plans for the future are just as ambitious as your dream that got us here young Jedi.

We will be watching your progress, and voting exclusively for dev projects that only serve in Russ and I's personal financial interests.  In the meantime, go ahead and start pitching the ideas for future development, so we can begin discussing our options.  Sophisticated investors like ourselves always have our eyes on the future, so it behooves you to begin singing for your lunch son.

You said on your last mumble that you were the most sacred when the share price was at its low.  Sleep easier knowing that investors like Russ and I have your back next time the shit goes down.

Peace, brother.

https://www.youtube.com/watch?v=857XqOoMm8c#t=44s

Right Russ?   

https://www.youtube.com/watch?v=YUBpqOdF3i0#t=1m44s


Russ?....

https://www.youtube.com/watch?v=4utHn-iUvoI

how about this....eco-crypto-economics

cryptonomix?

Pass the shrooms Dan.

Proposals will be:

1) Options Market
2) Escrow / Payment Channels (off-chain micro payments combined with arbitration)
3) Scripting Engine

For starters...


Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Russ Hanneman on June 11, 2015, 09:51:35 pm
I want to see if his strategic direction is in line with Russ and I's ideas that we have been discussing following our mega percentage stake increase in this cute little microcap corporation.

We've already put this thing called "money" on a new thing called "the blockchain", when no one was doing it, so you know we'll be Hoovering up the deals in no time.

We will be watching your progress, and voting exclusively for dev projects that only serve in Russ and I's personal financial interests.  In the meantime, go ahead and start pitching the ideas for future development, so we can begin discussing our options.  Sophisticated investors like ourselves always have our eyes on the future, so it behooves you to begin singing for your lunch son.

And after you've finished singing -- Tequila for everyone!

Sleep easier knowing that investors like Russ and I have your back next time the shit goes down.

I've got some bad news on that front Erlich. Due to a series of bad investments my money guy let me talk him into, I'm no longer the billionaire you've looked up to all these months, I'm a $986,000aire -- and that's not even a real thing. If you round down, I'm a Zeroaire! I mean, functionally I'm just like you Erlich, and f*** that's depressing. I've lost nearly $200 mio on an insider NXT pump and I'm out of the three comma club. My only hope to restore my sad existence to it's former self is to pump & dump Feathercoin beyond imagination. If this doesn't work, the next thing you know I'll be on Forbes, "Close but no cigar" list, which is ironic, because I smoke a fu**ton of cigars.

Russ Hanneman (http://www.piedpiper.com/blog/2015/4/27/meet-our-new-funder-russ-hanneman)
Financier Extraordinaire


Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: arhag on June 11, 2015, 10:09:54 pm
1) Options Market
2) Escrow / Payment Channels (off-chain micro payments combined with arbitration)
3) Scripting Engine

For starters...

Yes, yes, and yes.

But if the Options Market is anything like the Collateralized Bond Market (no automatic matching with market engine, no margin calls), I can't imagine it would be too difficult or too much of a penalty in performance for anyone to implement the Bond Market, Options Market, and Escrow / Payment Channels as smart contracts using the Scripting Engine. In which case, I would think #3 would be next priority feature over #1 and #2. Or is there a reason why #1 and #2 need to be native?

That also makes me wonder. Would the scripting engine allow for the creation of new object types (I think that means the x in 1.x.y ID numbers)? And how would long-term memory usage of objects stored in the database be fairly charged? I guess I will just have to wait until it is time for the official proposals.

Also, I was going to suggest another feature that would allow UIAs to elect their own delegates which could jointly control an account (like BTS elected delegates) and end up running child/side chains nested into the BitShares blockchain, but then I discovered this (https://github.com/cryptonomex/graphene/wiki/design-issues#voting).  :)  I also love the references to SPV in that page. :)  :) Very excited for all the other things in store for 2.0 that haven't yet been discussed.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: starspirit on June 12, 2015, 01:28:22 am
1) Options Market
2) Escrow / Payment Channels (off-chain micro payments combined with arbitration)
3) Scripting Engine

For starters...

Yes, yes, and yes.

But if the Options Market is anything like the Collateralized Bond Market (no automatic matching with market engine, no margin calls), I can't imagine it would be too difficult or too much of a penalty in performance for anyone to implement the Bond Market, Options Market, and Escrow / Payment Channels as smart contracts using the Scripting Engine. In which case, I would think #3 would be next priority feature over #1 and #2. Or is there a reason why #1 and #2 need to be native?

That also makes me wonder. Would the scripting engine allow for the creation of new object types (I think that means the x in 1.x.y ID numbers)? And how would long-term memory usage of objects stored in the database be fairly charged? I guess I will just have to wait until it is time for the official proposals.

Also, I was going to suggest another feature that would allow UIAs to elect their own delegates which could jointly control an account (like BTS elected delegates) and end up running child/side chains nested into the BitShares blockchain, but then I discovered this (https://github.com/cryptonomex/graphene/wiki/design-issues#voting).  :)  I also love the references to SPV in that page. :)  :) Very excited for all the other things in store for 2.0 that haven't yet been discussed.

Yes, I'm with arhag on this one. It's not clear exactly what "Scripting Engine" entails (and its way too early to hold you to anything yet, given the focus on 2.0), but if it means we can create our own asset forms, please do this! Rather than build more native markets, building as much flexibility and incentive for the free market to create these is preferred. The first and simplest step could be to allow more configurable elements in privatised bitAssets, but ultimately a number of these configurable elements would need the flexibility of customised script. For example, the calculation of a token's fair value, which could consist of customised indexes or portfolios. I have much more to add on this topic shortly.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: clayop on June 12, 2015, 02:53:18 am
What the reason of establishing separate company (cryptonomex)? Does it have plans for external investment?

Add: How is the share distribution of Cryptonomex? Stan owns 100%?

Can anyone answer these questions after tomorrow's mumble? Because I hardly participate in mumble session.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jannnic on June 12, 2015, 11:43:14 am
For the mumble Hangout:

2. Will it be possible to migrate anonymously? I.E. as Titan won't be there in Bitshares 2.0 will the migrated account be known as ACOUNTNAME-XY (jannnic) so that everyone could see how many funds I have just trough migrating?

This should help ...

4:26 (https://soundcloud.com/beyond-bitcoin-hangouts/pt1-beyond-bitcoin-ann-of-btsv2-06-09-2015-dev-hangout-s3#t=4:26): bytemaster : We will recommend for ease of migration users transfer all funds to themselves for each asset.

Thanks!
Does this mean that if I transfer all my funds to another account (for example from "jannnic" to "random-string") in the old Bitshares chain, that then everything that is publicly visible after importing funds in the new chain is that xy BTS is owned by "random-string"?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bubble789 on June 12, 2015, 01:03:17 pm
Would it happen that one day Cryptonomex (and bytemaster) stops contributing/putting up proposals to improve/working on bitshares?
I see a divergence of interest between bytemaster and bitshares here. It is true that bitshares is his brainchild, hence the expected emotional and financial commitments (up to the proportional amount of BTS held).

However, what if one day, NASDAQ approaches cryptonomex and wants to do an upgrade to their trade engine. Cryptonomex team and bytemaster will work on that and leave bitshares for good, because after all, after the switch over to 2.0 bitshares is a decentralised community without true leaders but shareholders. Bytemaster also stated clearly that cryptonomex - bitshares relationship will solely be a contractor one. A decentralised community is good but a leaderless one is not. **We need Dan, Stan, Vikram and the guys who have been leading (*NOT dictating*) the community all this while, to continue to do so. A contractor role imho is definitely insufficient. I want Dan to be the CEO (and major shareholder) of bitshares, not just another major shareholder.

I will stay in BTS, until the day bytemaster (or cryptonomex for that matter) stops being a contractor, definitely.

I would love to hear the man (Dan) opinions on my concern about the commitment issue I am seeing and whether it is unfounded. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: davidpbrown on June 12, 2015, 02:55:46 pm
@bubble789
and for those who suggest that couldn't happen.. it does appear to have occurred with CounterParty; though XCP and CounterParty may benefit in a big way, Symbiont appears to have adopted their core devs to support what might private blockchains for corporations.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 12, 2015, 07:03:16 pm
Questions below this point will be asked in NEXT week's hangout (19JUN 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Permie on June 12, 2015, 09:58:42 pm
Also, I was going to suggest another feature that would allow UIAs to elect their own delegates which could jointly control an account (like BTS elected delegates) and end up running child/side chains nested into the BitShares blockchain, but then I discovered this (https://github.com/cryptonomex/graphene/wiki/design-issues#voting).  :)  I also love the references to SPV in that page. :)  :) Very excited for all the other things in store for 2.0 that haven't yet been discussed.

Quote from Github on electing UIA "candidates".
Quote
Holders of any asset should be allowed to vote for object ID's representing candidates. A delegate is a candidate, but we can define other candidate types as well. All we need in the candidate structure is a map<asset_id, vote_count>. If we're willing to restrict each candidate object to only being allowed to run in elections for a single asset, we'd effectively be restricting the map to contain at most a single entry, and thus could simply replace it with an asset_id and vote_count.

By removing restrictions on the voting system and leveraging the general architecture of the object graph, it will now be simple to implement voting on proposals.

In addition, as well as single-sig and multi-sig, we can now allow a new signature type for "the delegate(s) appointed by the owners of X", where X is any asset. This allows systems for distributed escrow and ultimately building of new DPOS chains with their own delegates as apps on our platform.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: merockstar on June 13, 2015, 12:12:32 am
are cryptonomex shares going to be issued as a UIA on the BTS blockchain?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sittingduck on June 13, 2015, 12:54:17 am
That's what they say they are planning.


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Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: merockstar on June 13, 2015, 12:57:45 am
That's what they say they are planning.


Sent from my iPhone using Tapatalk

okay. I can start breathing then. in that case I rephrase my question to: "how much of cryptonomex's revenue is going to distributed back to shareholders and is there a plan in place for how to proceed?"

also where did you see that, duck?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sittingduck on June 13, 2015, 01:15:45 am
Cryptonomex needs to separate themselves from being seen as the head for bts to survive.


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Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bubble789 on June 13, 2015, 02:28:29 am
Cryptonomex needs to separate themselves from being seen as the head for bts to survive.
Sent from my iPhone using Tapatalk

My opinion is that a distributed community/society *does need* leaders in order to survive and stay focused+competitive. It doesn't have to be the "official" head but a socially-recognised and unanimously-agreed-on leaders who help to lead and serve the community. And again I want to stress that we won't need dictators but capable and devoted leaders.

Dan and co. have been doing that job extremely well and I (and hopefully the community) wish that the team continues to and stays committed in playing these roles in bitshares ecosystem.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sittingduck on June 13, 2015, 04:01:56 am
They are still leading.  We see them working and proposing ideas every day.


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Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Empirical1.2 on June 13, 2015, 12:21:26 pm
The alt-coin market as a whole has failed to consistently attract users, create shareholder value and/or profitable products these last few years.

However many Bitcoin gambling sites have experienced tremendous success in all those areas, given their low overheads, house edge and the proven popularity of gambling in crypto.   

BitUSD, BTS 2.0 & the referral programme are the perfect ingredients to create a vastly superior decentralized gambling platform.

Do you have any plans for, or see anyway that BTS could be involved in this lucrative area which has consistently proven to attract users, create shareholder value and generate profit?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Permie on June 13, 2015, 12:44:45 pm
We know lots of announcements are scheduled for this summer, are these likely to be closer to weekly or monthly?

Are the announcements delayed due to non-disclosure agreements or are they staggered for a continued BitShares media presence over summer?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on June 14, 2015, 05:40:36 am
We know lots of announcements are scheduled for this summer, are these likely to be closer to weekly or monthly?

Are the announcements delayed due to non-disclosure agreements or are they staggered for a continued BitShares media presence over summer?

Intentionally staggered I am guessing.  Which is a good thing.  This is better for creating a continued stream of interest, rather than just one big pump and dump.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: puppies on June 14, 2015, 06:27:49 am
The alt-coin market as a whole has failed to consistently attract users, create shareholder value and/or profitable products these last few years.

However many Bitcoin gambling sites have experienced tremendous success in all those areas, given their low overheads, house edge and the proven popularity of gambling in crypto.   

BitUSD, BTS 2.0 & the referral programme are the perfect ingredients to create a vastly superior decentralized gambling platform.

Do you have any plans for, or see anyway that BTS could be involved in this lucrative area which has consistently proven to attract users, create shareholder value and generate profit?

I have thought about creating a gambling website that accepts bitUSD, and perhaps more importantly only pays out in bitUSD.  I am not sure what the level of interest would be.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Empirical1.2 on June 14, 2015, 12:35:24 pm
The alt-coin market as a whole has failed to consistently attract users, create shareholder value and/or profitable products these last few years.

However many Bitcoin gambling sites have experienced tremendous success in all those areas, given their low overheads, house edge and the proven popularity of gambling in crypto.   

BitUSD, BTS 2.0 & the referral programme are the perfect ingredients to create a vastly superior decentralized gambling platform.

Do you have any plans for, or see anyway that BTS could be involved in this lucrative area which has consistently proven to attract users, create shareholder value and generate profit?

I have thought about creating a gambling website that accepts bitUSD, and perhaps more importantly only pays out in bitUSD.  I am not sure what the level of interest would be.

The killer app would be blockchain based and make use of the new referral programme but a centralised site could still do well.

In terms of the level of interest. I think looking at Bitcoin when it was a comparable size gives some indication.

http://www.forbes.com/sites/jonmatonis/2013/01/22/bitcoin-casinos-release-2012-earnings/

Satoshi Dice was accounting for 50% of BTC volume, had $30 million turnover and a few hundred thousand profit, and was sold for >$10 million.

Quote
Responsible for more than 50% of daily network volume on the Bitcoin blockchain, SatoshiDice reported first year earnings from wagering at an impressive ฿33,310. During the year, players bet a total of ฿1,787,470 in 2,349,882 individual bets at an average monthly growth rate of 78%.

Even if BTS holders only gambled at a fraction of the rate, there's still a lucrative market for early movers imo.

You could potentially issue a UIA to raise funds for the BitUSD float and pay out investors a percentage of house earnings.  Those investors would also help promote it and be potential users.

Quote
Just-dice introduced the concept of allowing players to be part of the bank, which turned out to be pretty much the ultimate marketing vehicle,” .

http://www.coindesk.com/bitcoins-gambling-boom-just-getting-started/
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: monsterer on June 14, 2015, 05:13:17 pm
Even if BTS holders only gambled at a fraction of the rate, there's still a lucrative market for early movers imo.

You could potentially issue a UIA to raise funds for the BitUSD float and pay out investors a percentage of house earnings.  Those investors would also help promote it and be potential users.

...and all you'd need is $500k of gambling licences
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 14, 2015, 05:44:53 pm
Please keep this to questions for the hangout everyone. I love that you all want to chat, but we need to ensure this remains largely on topic.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 15, 2015, 04:35:42 am
bytemaster,

Please go into more detail on the "Exchange In A Box".

Will there be a "Faucet in a Box" and what else "in a box" can we expect in the future?

<obligatory Seven.gif>
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 16, 2015, 02:40:24 pm
Does anyone have questions for BM for this coming Friday?  If so, don't forget that this is where they go!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: starspirit on June 17, 2015, 02:13:19 am
bytemaster,

What is your initial view on bitShares borrowing from the market to help fund development, with loan repayment enforced by the block-chain? Depending on the size of such loans, the possibility of dilution may not sit well with those who think of BTS as a currency, but if we think of BTS as a growing business in need of development capital, giving bitShares more flexible options in its own capital structure could increase our ability to manage for growth while still doing it all on the block-chain. Clearly there are strategic and other philosophical questions around this.

[BM, if you want more colour on it beforehand, see discussion here... https://bitsharestalk.org/index.php/topic,16973.msg217478.html#msg217478]
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on June 17, 2015, 03:45:32 am
bytemaster,

What is your view on bitShares borrowing from the market to help fund development? Depending on the size of such loans, the possibility of dilution may not sit well with those who think of BTS as a currency, but if we think of BTS as a growing business in need of development capital, giving bitShares more flexible options in its own capital structure could increase our ability to manage for growth while still doing it all on the block-chain. Clearly this is partly a question of philosophy.

[BM, if you want more colour on it beforehand, see discussion here... https://bitsharestalk.org/index.php/topic,16973.msg217478.html#msg217478]

I'm not Bytemaster, but I'm happy to answer since I'm not technically required to know what I'm talking about.
(After all, this is not rocket science.)

But the question is not where to obtain BitShares, it's the fact that you intend to liquidate them that matters.
Whether you borrow or print or "earn" them doesn't matter if you intend to HODL until 2099.
Now if you issue a vesting asset that someone can use as collateral to borrow against outside BitShares, then you've got something.

They will be spending other assets while the BTS stay locked up until a time far, far away when BTS will be the global reserve currency and no one will care if you sell them into a deeply liquid market.

That said, viewed as a business, that is exactly what Silicon Valley startups do.  They issue equity for work, which the workers are happy to take with the hope it will result in higher value than a paycheck if the company is successful.  But if you get into a situation where the workers must immediately liquidate their shares to buy food, then you are hurting your share price.

This is fine in normal startups where investors understand that they will not be able to sell for many moons.
It is not so fine if investors can sell now and buy back later when all the hard work is complete.

Disclaimer:  I am not an economist, I only play one late at night to amuse myself.

 :)



Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on June 17, 2015, 04:02:32 am
Stan,

After BitShares/Cryptonomex/Graphene ends the Fed and the banksters are rounded up and given trials then sentenced to lengthy terms as Satoshi Nakamoto begins panic selling once he realizes everyone went with BitShares instead of the dominant black market currency (as people have throughout history once their fiat currency collapses) thereby signalling teh end of bitcoin ... what's next?

I'm suspicious of water, so teh BitShares Island is out of the question. What other BitShares resorts will be available at that time?

Do you have brochures or memes ... or should I get started on that?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: starspirit on June 17, 2015, 07:31:21 am
bytemaster,

What is your view on bitShares borrowing from the market to help fund development? Depending on the size of such loans, the possibility of dilution may not sit well with those who think of BTS as a currency, but if we think of BTS as a growing business in need of development capital, giving bitShares more flexible options in its own capital structure could increase our ability to manage for growth while still doing it all on the block-chain. Clearly this is partly a question of philosophy.

[BM, if you want more colour on it beforehand, see discussion here... https://bitsharestalk.org/index.php/topic,16973.msg217478.html#msg217478]

I'm not Bytemaster, but I'm happy to answer since I'm not technically required to know what I'm talking about.
(After all, this is not rocket science.)

But the question is not where to obtain BitShares, it's the fact that you intend to liquidate them that matters.
Whether you borrow or print or "earn" them doesn't matter if you intend to HODL until 2099.
Now if you issue a vesting asset that someone can use as collateral to borrow against outside BitShares, then you've got something.

They will be spending other assets while the BTS stay locked up until a time far, far away when BTS will be the global reserve currency and no one will care if you sell them into a deeply liquid market.

That said, viewed as a business, that is exactly what Silicon Valley startups do.  They issue equity for work, which the workers are happy to take with the hope it will result in higher value than a paycheck if the company is successful.  But if you get into a situation where the workers must immediately liquidate their shares to buy food, then you are hurting your share price.

This is fine in normal startups where investors understand that they will not be able to sell for many moons.
It is not so fine if investors can sell now and buy back later when all the hard work is complete.

Disclaimer:  I am not an economist, I only play one late at night to amuse myself.

 :)
Thanks for your comment Stan.

The main purpose of the loans would be to have a deeper pool of development funds than currently available through delegate pay alone, so that bitShares can directly pay for all the developers it needs, and pay them a competitive rate. It doesn't directly tackle the questions you raise about how those payments should be packaged to align the interests of the developers with the stakeholders, as well as ensure they are not unduly pressuring the price of BTS through sales. But now you raised it, I'll add some thoughts on these issues, which are also important.

I suspect whether you pay the developers in BTS, bitUSD or something else doesn't really matter from their perspective, as long as they are free to convert one to the other at market prices. And it doesn't matter from the perspective of BTS owners, because whatever currency you pay them in is the same currency that has to be extracted from the market in the first place to lend to the bitShares development pool (just to be clear, lent funds must be taken from the market - they are not produced by dilution). There is only a timing difference in the end, although if such loans were spread over time, a lot of the timing differences would smooth out anyway. What the market will be concerned with is any potential dilution to make maturity payments should the reserve pool be insufficient.

As far as alignment goes, some developers will want the security of a competitive income stream, and then they can decide after the fact if they want to save some of this in the form of BTS or not. This is like a typical employee wage. Others will be happy to get paid at a higher rate, by sacrificing secure wages now in order to be paid in equity that only vests after some period (say 3 years). bitShares should also be happy to pay these people at a higher rate, because the interests of both parties are aligned by future share performance. This is like startup equity. And there may be other developers whose risk tolerance sits somewhere in the middle.

I doubt there is any easy way to meet your suggestion for a developer to get vested equity, and be able to borrow against that to cover daily expenses. If they could do this, they would be building a risky leveraged position for themselves. Their only realistic choice is somewhere on the spectrum of secure income to vesting equity. And that may come down to each individual.

I hope this helps and I have not gone on a completely different tack. I'll copy these comments to the original discussion thread so that we don't steal fuzzy's thread here.
[Edit: Copied here... https://bitsharestalk.org/index.php/topic,16973.msg217559.html#msg217559]
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on June 17, 2015, 07:53:32 am
Stan,

After BitShares/Cryptonomex/Graphene ends the Fed and the banksters are rounded up and given trials then sentenced to lengthy terms as Satoshi Nakamoto begins panic selling once he realizes everyone went with BitShares instead of the dominant black market currency (as people have throughout history once their fiat currency collapses) thereby signalling teh end of bitcoin ... what's next?

I'm suspicious of water, so teh BitShares Island is out of the question. What other BitShares resorts will be available at that time?

Do you have brochures or memes ... or should I get started on that?

You'll have to ask Russ Hanneman for advice there I think. :p
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on June 17, 2015, 01:26:49 pm
Stan,

After BitShares/Cryptonomex/Graphene ends the Fed and the banksters are rounded up and given trials then sentenced to lengthy terms as Satoshi Nakamoto begins panic selling once he realizes everyone went with BitShares instead of the dominant black market currency (as people have throughout history once their fiat currency collapses) thereby signalling teh end of bitcoin ... what's next?

I'm suspicious of water, so teh BitShares Island is out of the question. What other BitShares resorts will be available at that time?

Do you have brochures or memes ... or should I get started on that?


Ohhhh, that sounds interesting.  Exotic BitShares resorts, retreats and world headquarters locations.  :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on June 17, 2015, 03:51:15 pm
Questions for BM ordered by importance:

1. You said that "BTS as collateral does create demand but is equal in opposite demand". What do you mean by ""is equal in opposite demand"? AKA: What is backing / collateralizing BitAssets in BitShares 2.0?

2. What kind of customer are we targeting with the fee structure (20/4 cents)? Traders? Financial product consumers? Remittance and e-commerce?

3. Assume there is a wallet provider, a POS service provider and a merchant. Who gets the referral rewards of a customer's tx?
:)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on June 17, 2015, 05:05:45 pm
Stan,

After BitShares/Cryptonomex/Graphene ends the Fed and the banksters are rounded up and given trials then sentenced to lengthy terms as Satoshi Nakamoto begins panic selling once he realizes everyone went with BitShares instead of the dominant black market currency (as people have throughout history once their fiat currency collapses) thereby signalling teh end of bitcoin ... what's next?

I'm suspicious of water, so teh BitShares Island is out of the question. What other BitShares resorts will be available at that time?

Do you have brochures or memes ... or should I get started on that?


Ohhhh, that sounds interesting.  Exotic BitShares resorts, retreats and world headquarters locations.  :)

You could always buy a castle in estonia and then host bitshares conferences there. :P
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fav on June 18, 2015, 09:31:36 am
how can we check if someone registered under us as referral? is this recorded on the blockchain? split to registrar & marketer?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Shentist on June 18, 2015, 05:58:32 pm
Questions:

1. who will be owner of bitshares.org?
2. who will get the referrals for the bitshares.org wallet?

this are point not discussed and addressed as far as i am aware of.
to be clear "will cryptonomex take this or will it be property of BTS community?"
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: topcandle on June 18, 2015, 07:47:53 pm
Testnet coming still end of month?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 18, 2015, 08:01:21 pm
Questions:

1. who will be owner of bitshares.org?
2. who will get the referrals for the bitshares.org wallet?

this are point not discussed and addressed as far as i am aware of.
to be clear "will cryptonomex take this or will it be property of BTS community?"

This is a good question. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on June 18, 2015, 11:33:10 pm
Not a question, but a thought I'd like to keep expressing to the group:

BTS has a winning core value proposition of being the first/best p2p asset exchange, and that the 2.0 upgrade seems to bolster that core value by upgrading the tech infrastructure.

There are a lot of ideas floating around this forum about tangential ventures using the blockchain. those are great for the long run, but the near term battle will be won by making our core business as awesome as possible, super easy to use, and compelling for all sorts of customers to start using the system. what would kill this business is if we diluted the core biz and let someone else dominate that potentially multi-trillion-dollar market. how long before some offshore hedge fund realizes this and pumps $50M into designing a superior p2p asset exchange?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: carpet ride on June 18, 2015, 11:57:50 pm
Would Cryptonomex be able to use intros to VCs, banks, or fintech startups?


Sent from my iPhone using Tapatalk
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: topcandle on June 19, 2015, 12:34:44 am
What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on June 19, 2015, 07:22:39 am
Will the upcoming Bitshares 2.0 websockets wallet include all the features of the current CCEDK and Bit-X websites?
ie: Trading, SWIFT fiat deposits, withdrawals, set recurring and scheduled payments, transaction history and set Nanocard funding priorities
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on June 19, 2015, 12:33:54 pm
What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding

What was this?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Krills on June 19, 2015, 01:01:31 pm
What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding

What was this?
I remember they gave(from AGS fund) BO SHEN 400 btc for Chinese marketing purpose.
Is there still something left?
and i also want to know how BO used this fund.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on June 19, 2015, 01:06:55 pm
What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding

What was this?
I remember they gave(from AGS fund) BO SHEN 400 btc for Chinese marketing purpose.
Is there still something left?
and i also want to know how BO used this fund.

wow, that's quite a hefty capital injection...where were the terms? purely for marketing in China? Any expectation of ROI? i'd also love to see how the funds were spent, but is that public knowledge, or was this a private deal?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on June 19, 2015, 04:28:58 pm
What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding

What was this?
I remember they gave(from AGS fund) BO SHEN 400 btc for Chinese marketing purpose.
Is there still something left?
and i also want to know how BO used this fund.

That was the only effective marketing we got from the AGS funds.  Chinese marketing was way more successful than anyone else's.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on June 19, 2015, 05:15:21 pm
That was the only effective marketing we got from the AGS funds.  Chinese marketing was way more successful than anyone else's.

cool...what's the state of BTS in China? any relatively succinct summaries available?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: topcandle on June 19, 2015, 05:23:11 pm
No I am referring to funding when donation runway ended at end of q1.  Bm said in a mumble that it could go on indefinitely but now he's retraced that statement and is saying they are now equity partners which makes sense...
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 22, 2015, 02:31:00 am
Questions below this point will be asked in NEXT week's hangout (26JUN 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Russ Hanneman on June 22, 2015, 03:53:18 am
I am looking forward to getting my hands on Graphene powered Bitshares custom blockchain for Tokenly

In your last interview, you mentioned that if you made a Graphene blockchain for a competitor (like Tokenly), then you would negotiate a 20% sharedrop on the BTS community to protect your BTS investment. Or you would just build them a UIA on the BTS chain for 0% stake.

Have you been contacted regarding this proposition yet?  Because it appears that everybody from Max Keiser to Pat Byrne is going to be knocking at your door the moment they comprehend the scope of your revolutionary new invention.

Wait until they get a load of my "decentralized radio" that I'm putting on a thing called the "decentralized internet". Well, we call it the "Safe Network", but "decentralized" is a thing, so.


Russ Hanneman (http://www.piedpiper.com/blog/2015/4/27/meet-our-new-funder-russ-hanneman)
Financier Extraordinaire - Inventor of the I3DIOT (https://bitsharestalk.org/index.php/topic,16883.msg215973.html#msg215973).
(http://i.imgur.com/UY7n1WO.png)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on June 22, 2015, 05:53:50 am
Wait until they get a load of my "decentralized radio" that I'm putting on a thing called the "decentralized internet". Well, we call it the "Safe Network", but "decentralized" is a thing, so.

Then you'll be able to buy a car whose doors open like \ this /  :D
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: onceuponatime on June 25, 2015, 03:06:12 pm
I am interested in buying shares of CMX. Is this going to be possible? And if so, when and how?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on June 29, 2015, 01:42:41 pm
I am interested in buying shares of CMX. Is this going to be possible? And if so, when and how?

hopefully CMX shares will be available as bitassets...
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on June 29, 2015, 09:54:18 pm
I am interested in buying shares of CMX. Is this going to be possible? And if so, when and how?

hopefully CMX shares will be available as bitassets...

We have our legal advisors looking at what is possible under emerging rules in our jurisdictions.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on June 30, 2015, 05:16:07 am
I am interested in buying shares of CMX. Is this going to be possible? And if so, when and how?

hopefully CMX shares will be available as bitassets...

We have our legal advisors looking at what is possible under emerging rules in our jurisdictions.
If its not possible you should change juristiction .. CMX has to be traded on chain evetually .. else it is like bitpay only taking paypal payments
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on June 30, 2015, 05:41:31 am
Questions below this point will be asked in the NEXT hangout (10JUL2015)
**NOTE:  There will be no hangout this week (3JUL15) due to Independence Day**
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
(http://i.imgur.com/v4TwlZB.jpg)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on June 30, 2015, 12:12:40 pm
I am interested in buying shares of CMX. Is this going to be possible? And if so, when and how?

hopefully CMX shares will be available as bitassets...

We have our legal advisors looking at what is possible under emerging rules in our jurisdictions.
If its not possible you should change juristiction .. CMX has to be traded on chain evetually .. else it is like bitpay only taking paypal payments

Yeah, but if we can be a pathfinder showing out how to do it safely in the US we can bring something new to the table.  Others are already doing it outside the US.   

We think we see a way but we must be vewy, vewy careful.

(http://www.minimania.com/msgImages_temp/2501801005E667E5D-188B-34B5-07F651D7139371B3.jpg)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on June 30, 2015, 12:21:24 pm
I am interested in buying shares of CMX. Is this going to be possible? And if so, when and how?

hopefully CMX shares will be available as bitassets...

We have our legal advisors looking at what is possible under emerging rules in our jurisdictions.
If its not possible you should change juristiction .. CMX has to be traded on chain evetually .. else it is like bitpay only taking paypal payments

Yeah, but if we can be a pathfinder showing out how to do it safely in the US we can bring something new to the table.  Others are already doing it outside the US.   

We think we see a way but we must be vewy, vewy careful.

(http://www.minimania.com/msgImages_temp/2501801005E667E5D-188B-34B5-07F651D7139371B3.jpg)
.. promising ..
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Erlich Bachman on July 02, 2015, 02:00:18 pm
Dear Cryptonomex,

We need a special re-occurring payment/annuity function that basically deletes all private keys before anybody or computer can ever get a chance to see or steal them.  An untouchable annuity where not even the issuer can touch the funds until the annuity is paid out.

Give the option to create (purchase) "n" number of wallets with private keys that are generated internally but never displayed on screen or stored in any cache.  A single destination address would be generated that would function like this:  once funds are sent there, they are automatically split up and redirected into the "n" accounts where the money is essentially burnt/untouchable because nobody has ever seen or recorded the private keys.  Since these are smart wallets, they can pay out an annuity specified prior to their creation.

The market here is for a "last will and testament" where no humans can ever have a hope of touching the core property.  The benefit of this is that you can create an annuity wallet address on the NSA lobby computer where anybody can send funds to but nobody can ever know those private keys (even if they were watching you throughout the entire process and had access to the computer that generated the annuity wallet address).

Having "n" (random and unknown private key) accounts to initially store the funds guarantees that if one account is ever hacked by Buck Rodgers, then the other accounts would still continue to pay out the annuity (n-1 accounts would remain funded).  This just prevents the basic all your eggs in one basket" scenario that every "last will and testament" has ever suffered from.  This system could be made smarter by adding a function that monitors the activity of the "n" wallets and if any outgoing transaction is made that is not the specified annuity transaction (hacked), then all the other "n" accounts would automatically pay for another "n" number of accounts for every existing account (assuming that there are still enough funds left) and just copy the annuity parameters to them and send them the divided funds again.

This makes the "last will annuity account" act like a asexual organism where if part of it is attacked, then it can replicate into "n" smaller organisms every time it is attacked.

So if somebody was ever to attack the blockchain with quantum random key generators, then the contents of this account would divide and destroy itself (by purchasing "n" more wallets for each remaining wallet each time it is hacked by another quantum computer) before the god-hacker could even get his hands on half the funds.

Furthermore, if I am wealthy and can afford say n=1000, then that kind of revenue is good for profits and is fair value exchange for this financial security of diversification strategy. 

You have the power to create such a bulletproof automatically defensive untouchable and of course smart investment annuity that no human in the next 100 years could ever hope to get a piece of. Why not take a few minutes, and add these unique options.

Thank you for listening to this request.

Making the private keys unknown would guarantee a higher level of unhackability than if you created the ("n" number of) wallets yourself and then destroyed the private keys by hand.  Anybody who was monitoring your computer screen would have them.

This would help you support the "privacy loving" crypto community without having to add any new features, just a subroutine that generates a "smart burn address" where funds are returned to designated wallets over time.

This would work like a "last will" where if I knew that I was dying, or losing my mind, I could generate 1 address and be guaranteed an annuity paid to known accounts that is paid from these randomly generated (temporary burn/keyless/smart) accounts with unknown private keys (unknown to any human or computer).

This could act as a way to fund an annuity that is never hackable (even to the annuity holder, computer holder, or NSAgenius).   You can't touch your money, but neither can anyone else.  Call it the Martyr button.

Thanks again
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bytemaster on July 02, 2015, 03:17:38 pm
Dear Cryptonomex,

We need a special re-occurring payment/annuity function that basically deletes all private keys before anybody or computer can ever get a chance to see or steal them.  An untouchable annuity where not even the issuer can touch the funds until the annuity is paid out.

Give the option to create (purchase) "n" number of wallets with private keys that are generated internally but never displayed on screen or stored in any cache.  A single destination address would be generated that would function like this:  once funds are sent there, they are automatically split up and redirected into the "n" accounts where the money is essentially burnt/untouchable because nobody has ever seen or recorded the private keys.  Since these are smart wallets, they can pay out an annuity specified prior to their creation.

The market here is for a "last will and testament" where no humans can ever have a hope of touching the core property.  The benefit of this is that you can create an annuity wallet address on the NSA lobby computer where anybody can send funds to but nobody can ever know those private keys (even if they were watching you throughout the entire process and had access to the computer that generated the annuity wallet address).

Having "n" (random and unknown private key) accounts to initially store the funds guarantees that if one account is ever hacked by Buck Rodgers, then the other accounts would still continue to pay out the annuity (n-1 accounts would remain funded).  This just prevents the basic all your eggs in one basket" scenario that every "last will and testament" has ever suffered from.  This system could be made smarter by adding a function that monitors the activity of the "n" wallets and if any outgoing transaction is made that is not the specified annuity transaction (hacked), then all the other "n" accounts would automatically pay for another "n" number of accounts for every existing account (assuming that there are still enough funds left) and just copy the annuity parameters to them and send them the divided funds again.

This makes the "last will annuity account" act like a asexual organism where if part of it is attacked, then it can replicate into "n" smaller organisms every time it is attacked.

So if somebody was ever to attack the blockchain with quantum random key generators, then the contents of this account would divide and destroy itself (by purchasing "n" more wallets for each remaining wallet each time it is hacked by another quantum computer) before the god-hacker could even get his hands on half the funds.

Furthermore, if I am wealthy and can afford say n=1000, then that kind of revenue is good for profits and is fair value exchange for this financial security of diversification strategy. 

You have the power to create such a bulletproof automatically defensive untouchable and of course smart investment annuity that no human in the next 100 years could ever hope to get a piece of. Why not take a few minutes, and add these unique options.

Thank you for listening to this request.

Making the private keys unknown would guarantee a higher level of unhackability than if you created the ("n" number of) wallets yourself and then destroyed the private keys by hand.  Anybody who was monitoring your computer screen would have them.

This would help you support the "privacy loving" crypto community without having to add any new features, just a subroutine that generates a "smart burn address" where funds are returned to designated wallets over time.

This would work like a "last will" where if I knew that I was dying, or losing my mind, I could generate 1 address and be guaranteed an annuity paid to known accounts that is paid from these randomly generated (temporary burn/keyless/smart) accounts with unknown private keys (unknown to any human or computer).

This could act as a way to fund an annuity that is never hackable (even to the annuity holder, computer holder, or NSAgenius).   You can't touch your money, but neither can anyone else.  Call it the Martyr button.

Thanks again

I am not sure what you want this to do.   The blockchain can lock up funds and release them to a particular key over time (vesting balance objects).   You don't need "dummy keys" or anything else.   The problem is if the beneficiary of the vesting balance has their key compromised then that revenue stream will be lost.   Didn't really change anything.   
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Erlich Bachman on July 02, 2015, 07:02:31 pm
The blockchain can lock up funds

I want them funds locked up forever even if I leave my wallet and private keys on Times Square.

I want an annuity smart wallet address whose only function is to send "x" amount to "y wallets" at "z" frequency.  It cannot send, convert, or trade funds in any other way.  I want a restricted annuity so even if the wallet got compromised, there is nothing you can do with that wallet functionally except send it more funds.

Also, you are going to have to make the annuities more expensive because people will make high frequency spam annuities.  I suggest 100BTS (make it an adjustable feature)

Basically, I want a James Bond style self destructing smart wallet.
I want to be able to burn (kill / zombify) that thing with the push of a button and 100 BTS and know that this smart wallet is forever zombified, and send funds to it and it will pay out on time.

This is a brilliant feature that will revolutionize business contracts

Yes, you would not use this for real long term annuity solutions unless you were on your death bed and didn't know who to trust your private keys to.  Another great app for this by the way

The value in this app is that you are selling for the first time ever:

some:  "no human can touch this ever"  (forever and ever amen eternity) level of trust

and tell me that you are not going to gorge yourself on this monster industry.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on July 09, 2015, 05:16:56 pm
One of my questions:
Have you been paying attention to Greece?  An island in Greece is looking into using cryptocurrency... why should they choose BitShares or their own separate DPoS chain?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on July 09, 2015, 05:41:52 pm
The blockchain can lock up funds

I want them funds locked up forever even if I leave my wallet and private keys on Times Square.

I want an annuity smart wallet address whose only function is to send "x" amount to "y wallets" at "z" frequency.  It cannot send, convert, or trade funds in any other way.  I want a restricted annuity so even if the wallet got compromised, there is nothing you can do with that wallet functionally except send it more funds.

Also, you are going to have to make the annuities more expensive because people will make high frequency spam annuities.  I suggest 100BTS (make it an adjustable feature)

Basically, I want a James Bond style self destructing smart wallet.
I want to be able to burn (kill / zombify) that thing with the push of a button and 100 BTS and know that this smart wallet is forever zombified, and send funds to it and it will pay out on time.

This is a brilliant feature that will revolutionize business contracts

Yes, you would not use this for real long term annuity solutions unless you were on your death bed and didn't know who to trust your private keys to.  Another great app for this by the way

The value in this app is that you are selling for the first time ever:

some:  "no human can touch this ever"  (forever and ever amen eternity) level of trust

and tell me that you are not going to gorge yourself on this monster industry.

love this idea! only suggestion is to enable some way to stop payment to an address in case one gets compromised. we'd need a clever way to make sure that doesn't become an attack vector for the wallet with a third party able to shut down all transfer channels...

well, pros and cons to everything, so i can see value either way
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: VoR0220 on July 10, 2015, 12:53:21 am
The blockchain can lock up funds

I want them funds locked up forever even if I leave my wallet and private keys on Times Square.

I want an annuity smart wallet address whose only function is to send "x" amount to "y wallets" at "z" frequency.  It cannot send, convert, or trade funds in any other way.  I want a restricted annuity so even if the wallet got compromised, there is nothing you can do with that wallet functionally except send it more funds.

Also, you are going to have to make the annuities more expensive because people will make high frequency spam annuities.  I suggest 100BTS (make it an adjustable feature)

Basically, I want a James Bond style self destructing smart wallet.
I want to be able to burn (kill / zombify) that thing with the push of a button and 100 BTS and know that this smart wallet is forever zombified, and send funds to it and it will pay out on time.

This is a brilliant feature that will revolutionize business contracts

Yes, you would not use this for real long term annuity solutions unless you were on your death bed and didn't know who to trust your private keys to.  Another great app for this by the way

The value in this app is that you are selling for the first time ever:

some:  "no human can touch this ever"  (forever and ever amen eternity) level of trust

and tell me that you are not going to gorge yourself on this monster industry.

Funny you mentioned that. Just had an interesting talk with someone about a BTC wallet that could do such things. Seems very possible to do that here as well.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: VoR0220 on July 10, 2015, 02:29:25 am
My question:

You mentioned in a thread in the Bitshares 2.0 thread that it is possible for SPV (which I assume means not through a web wallet) within the new system. Care to explain how this might work?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on July 13, 2015, 07:19:09 pm
 
Questions below this point will be asked in this week's hangout (31 JUL 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: hadrian on July 16, 2015, 08:25:30 pm
It should be possible to produce a decent system for off-chain micro-transactions. Transactions can be brought on-chain once the transaction value has stacked up, so that the fee is not prohibitive.

N.B. It'd be pretty cool to see micro-tipping with BROWNIE.PTS too.

I think there are at least a couple of ways of going about making a tool like this...
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on July 17, 2015, 12:06:35 am

when will the test need be released?
Is there an eta on when the 2.0 will be released? By sept 1st?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Erlich Bachman on July 17, 2015, 03:52:07 am
Funny you mentioned that. Just had an interesting talk with someone about a BTC wallet that could do such things. Seems very possible to do that here as well.

Yes, of course, everyone is going to start talking about this, just like they are talking about many of our other features.  This particular feature is in the news because it is low hanging fruit for today's crypto programmers, and very juicy fruit I might add $$$.

love this idea! only suggestion is to enable some way to stop payment to an address in case one gets compromised. we'd need a clever way to make sure that doesn't become an attack vector for the wallet with a third party able to shut down all transfer channels...

No, that is the whole value of the "zombify" button.  The immutability of this contract is exactly the feature that makes it valuable.  It's a derivative of the value that the immutable blockchain concept has already proved in practice, and why every crypto project currently exists. 

If there is only one thing that the success of bitcoin has taught us, is that immutability has mad real world value (currently $3 billion in value jack).  So this is a direct derivative feature of bitcoin's immutability, that we must exploit ASAP (only because it is one of the easier features to implement).

You cannot ever ever (therein lies the true value) ever ever for eternity change the parameters of the wallet.  It just pays out, on time, until it is empty.  How can you attack a zombie wallet besides stealing the destination private keys?  That is the same attack vector to the private keys you now own, so there is zero added security issue.

Step 1. you designate the walets you want to send funds to and the frequency. Make sure you have these keys protected.
Step 2. You hit the kill switch
Step 3. If one of the destination wallets gets compromised, too bad (just like losing your private key, there is no recourse).  This is an eternal 1 way transaction.  The only way to get around that snafu, if you are still alive is to stop funding this annuity and set up another.  These are indestructible contracts that have extremely high real world value and are critical to our platform ability.  Since the majority of the work is structuring the annuity software portion, I imagine that coding the "kill switch" would be the easy part.

Please, and pretty please.

All I'm begging for is a "kill switch" for the annuity function, is that too difficult to code?

Annuity "kill switch" = wallet can no longer send funds or be modified in any way, but it continues to frequently pay destination wallets, and can accept funds.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on July 17, 2015, 04:44:49 am

when will the test need be released?
Is there an eta on when the 2.0 will be released? By sept 1st?

No way it will be that soon.  Hopefully this year.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bytemaster on July 17, 2015, 05:15:46 am

when will the test need be released?
Is there an eta on when the 2.0 will be released? By sept 1st?

No way it will be that soon.  Hopefully this year.

Today we were pushing over 500 transactions per second through a test network with 4 nodes with ease.   The bottleneck right now is how fast an individual wallet can produce transactions and not how fast the network can process transactions.   The network code is the same as under BTS and had never been pushed to these kinds of limits, so today we fixed a few things.   

We have a working snapshot of BTS imported into Graphene.  All of the tests are currently passing. 

The GUI is what we are waiting on now and it is coming along very well, but as you can see still needs quite a bit of work.   Everything is far more fluid and smooth in the new GUI the feel is greatly improved. 

(https://cloud.githubusercontent.com/assets/347290/8741031/016965b0-2c21-11e5-8a6b-21827d31619e.png)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on July 17, 2015, 06:54:43 am
Today we were pushing over 500 transactions per second through a test network with 4 nodes with ease.   The bottleneck right now is how fast an individual wallet can produce transactions and not how fast the network can process transactions.
Bam!

Quote
The network code is the same as under BTS and had never been pushed to these kinds of limits, so today we fixed a few things.   
Double Bam!

The Webdevs are working very hard on this one! They definitely deserve some more brownies!!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Buck Fankers on July 17, 2015, 07:03:11 am
Today we were pushing over 500 transactions per second through a test network

 +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on July 17, 2015, 10:08:42 am
N.B. It'd be pretty cool to see micro-tipping with BROWNIE.PTS too.
I think there are at least a couple of ways of going about making a tool like this...

check out @Buck Fankers signature above, very cool tool
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Buck Fankers on July 17, 2015, 10:22:04 am
very cool tool

"tool" is too kind. ;)

it's more like haphazardly repurposed code that gets the job done and leaves a mess behind for the user to clean up ... but i'm working on learning how to i just fixed that.

i'm no coder, but i like to play one to get brownie.pts. ;)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on July 17, 2015, 11:06:34 am
That's good news BM, thank you  +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on July 17, 2015, 01:11:57 pm
Funny you mentioned that. Just had an interesting talk with someone about a BTC wallet that could do such things. Seems very possible to do that here as well.

Yes, of course, everyone is going to start talking about this, just like they are talking about many of our other features.  This particular feature is in the news because it is low hanging fruit for today's crypto programmers, and very juicy fruit I might add $$$.

love this idea! only suggestion is to enable some way to stop payment to an address in case one gets compromised. we'd need a clever way to make sure that doesn't become an attack vector for the wallet with a third party able to shut down all transfer channels...

No, that is the whole value of the "zombify" button.  The immutability of this contract is exactly the feature that makes it valuable.  It's a derivative of the value that the immutable blockchain concept has already proved in practice, and why every crypto project currently exists. 

If there is only one thing that the success of bitcoin has taught us, is that immutability has mad real world value (currently $3 billion in value jack).  So this is a direct derivative feature of bitcoin's immutability, that we must exploit ASAP (only because it is one of the easier features to implement).

You cannot ever ever (therein lies the true value) ever ever for eternity change the parameters of the wallet.  It just pays out, on time, until it is empty.  How can you attack a zombie wallet besides stealing the destination private keys?  That is the same attack vector to the private keys you now own, so there is zero added security issue.

Step 1. you designate the walets you want to send funds to and the frequency. Make sure you have these keys protected.
Step 2. You hit the kill switch
Step 3. If one of the destination wallets gets compromised, too bad (just like losing your private key, there is no recourse).  This is an eternal 1 way transaction.  The only way to get around that snafu, if you are still alive is to stop funding this annuity and set up another.  These are indestructible contracts that have extremely high real world value and are critical to our platform ability.  Since the majority of the work is structuring the annuity software portion, I imagine that coding the "kill switch" would be the easy part.

Please, and pretty please.

All I'm begging for is a "kill switch" for the annuity function, is that too difficult to code?

Annuity "kill switch" = wallet can no longer send funds or be modified in any way, but it continues to frequently pay destination wallets, and can accept funds.


i agree that immutability has big value, but so does flexibility. the market is surely big enough for two similar products, one immutable and the other flexible enough to enable a mutlifactor authentication method to change the payout streams on command.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Xeldal on July 17, 2015, 02:42:28 pm

(https://cloud.githubusercontent.com/assets/347290/8741031/016965b0-2c21-11e5-8a6b-21827d31619e.png)

Beautiful !  I'm digging the GUI.  Nice work
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on July 17, 2015, 03:16:38 pm
i agree that immutability has big value, but so does flexibility. the market is surely big enough for two similar products, one immutable and the other flexible enough to enable a mutlifactor authentication method to change the payout streams on command.

That's what I'm saying.  We need an "immutability button" option for annuities.  I should have just proposed it in that vernacular.

ha ok great so let's get to work :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: arhag on July 17, 2015, 05:50:07 pm
(https://cloud.githubusercontent.com/assets/347290/8741031/016965b0-2c21-11e5-8a6b-21827d31619e.png)

Looks nice.

But to [member=11456]svk[/member]:

The value, amount, and price quantities in the GUI aren't right aligned and also seem to be missing comma separators for large numbers.

There should be a quick toggle button to switch the Quote and Base assets (thus inverting the prices and switching the Value and Amount fields).

Since there is so much horizontal space in the middle column, I think it would be nice if it also included a Value column so that people could see the value of their order in units of the Base asset.

Also, I assume that this screenshot is older since here (https://github.com/cryptonomex/graphene-ui/pull/57) I see you were arguing for a symmetric ordering for the buy and sell columns of the user's unfilled orders, which I strongly agree with.

Finally, I don't like the way the timestamp is represented. First, I hope that the representation of the timestamp will adjust to fit with the user's preferences (so this would be an option in their preferences to globally adjust date and time display in the client, as well as other locale-related things like the characters to use for the decimal vs the separator). But if you were going to choose a default, I think the one represented in the screenshot isn't a good default. If you look at the time alone, then reading left to right, it goes from more significant units to less significant units (hh:mm:ss), but if you look at the date alone, it goes from less significant units to more significant units (DD:MM:YYYY). Putting it together and reading it from left to right, the significance of the units don't follow a nice pattern. So I think the YYYY:MM:DD, hh:mm:ss format makes the most sense as a default since the lexicographical order is equivalent to the chronological order.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: svk on July 17, 2015, 06:01:19 pm
(https://cloud.githubusercontent.com/assets/347290/8741031/016965b0-2c21-11e5-8a6b-21827d31619e.png)

Looks nice.

But to [member=11456]svk[/member]:

The value, amount, and price quantities in the GUI aren't right aligned and also seem to be missing comma separators for large numbers.

There should be a quick toggle button to switch the Quote and Base assets (thus inverting the prices and switching the Value and Amount fields).

Since there is so much horizontal space in the middle column, I think it would be nice if it also included a Value column so that people could see the value of their order in units of the Base asset.

Also, I assume that this screenshot is older since here (https://github.com/cryptonomex/graphene-ui/pull/57) I see you were arguing for a symmetric ordering for the buy and sell columns of the user's unfilled orders, which I strongly agree with.

Finally, I don't like the way the timestamp is represented. First, I hope that the representation of the timestamp will adjust to fit with the user's preferences (so this would be an option in their preferences to globally adjust date and time display in the client, as well as other locale-related things like the characters to use for the decimal vs the separator). But if you were going to choose a default, I think the one represented in the screenshot isn't a good default. If you look at the time alone, then reading left to right, it goes from more significant units to less significant units (hh:mm:ss), but if you look at the date alone, it goes from less significant units to more significant units (DD:MM:YYYY). Putting it together and reading it from left to right, the significance of the units don't follow a nice pattern. So I think the YYYY:MM:DD, hh:mm:ss format makes the most sense as a default since the lexicographical order is equivalent to the chronological order.

Thanks for the feedback, I agree with most of your points.

The screenshot is from Cass's branch where he tried out changing the cancel buttons like mentioned in the PR, it's not actually merged so for now the open orders are still symmetrical.

I'm still technically on holiday until the end of the week but I'll try and get some work done to correct the things you've mentioned.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 17, 2015, 06:37:36 pm
(https://cloud.githubusercontent.com/assets/347290/8741031/016965b0-2c21-11e5-8a6b-21827d31619e.png)

Looks nice.

But to the untrained it still looks confusing. BM mentioned in one mumble that it would be modular to allow people to have it set up differently. When you look at BitReserve its easy and obvious if you want to buy or sell Oil, even to someone who doesnt know what shorting is. If you are not familiar with trading it needs to be as intuitive as what bitreserve have.

I think we should make this screen to interpret as possible.


Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sudo on July 18, 2015, 02:24:38 am

when will the test need be released?
Is there an eta on when the 2.0 will be released? By sept 1st?

No way it will be that soon.  Hopefully this year.

Today we were pushing over 500 transactions per second through a test network with 4 nodes with ease.   The bottleneck right now is how fast an individual wallet can produce transactions and not how fast the network can process transactions.   The network code is the same as under BTS and had never been pushed to these kinds of limits, so today we fixed a few things.   

We have a working snapshot of BTS imported into Graphene.  All of the tests are currently passing. 

The GUI is what we are waiting on now and it is coming along very well, but as you can see still needs quite a bit of work.   Everything is far more fluid and smooth in the new GUI the feel is greatly improved. 

(https://cloud.githubusercontent.com/assets/347290/8741031/016965b0-2c21-11e5-8a6b-21827d31619e.png)
+5%

if the GUI style  have several kinds  to choose?   like mt4   classic etc

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: speedy on July 19, 2015, 06:41:19 pm
Is BTS 2.0 redesigning the whole GUI instead of building on the existing one?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on July 20, 2015, 06:56:18 am
Is BTS 2.0 redesigning the whole GUI instead of building on the existing one?
The communication technology between client/GUI and P2P-core client has fundamentally changed. Hence a rewrite. It is also alot(!!!) more responsive now!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on July 20, 2015, 01:05:20 pm
Questions below this point will be asked in this week's hangout (24 JUL 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on July 20, 2015, 02:22:39 pm
It seems that the issue of bit-assets yield being removed in 2.0 is being treated as a fundamental change to the social contract as it affects business models already built around this feature.

But it wasn't done that way, and now there are plans to make a fundamental change to the social contract. 

My question is this: can we expect the bond market to be flexible enough and user-friendly enough to fully replace the lost functionality of bit-assets yield?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on July 20, 2015, 02:36:14 pm
And I'd like to make sure bytemaster is aware of this opportunity for BitShares:
https://bitsharestalk.org/index.php/topic,17563.0.html (https://bitsharestalk.org/index.php/topic,17563.0.html)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on July 23, 2015, 01:13:30 pm
Can we please discuss how open bitasset positions will be handled in the 2.0 migration? Here's a thread i started on the subject, but we still don't have a definitive answer:

https://bitsharestalk.org/index.php/topic,17681.0.html

so far i've learned that open orders will be cancelled, funds returned to each account. What we don't know is how open positions will be handled, especially bc 2.0 won't have identically matched assets to those currently trading, e.g. no bitUSD with interest paid directly.

the sooner we figure this out the better for all of us actively trading in our markets.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Blazin8888 on July 23, 2015, 01:46:11 pm
How do I gain access to this hangout when it is live?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on July 23, 2015, 01:48:25 pm
How do I gain access to this hangout when it is live?

scroll down to the original post in this thread and there's a link with details.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Buck Fankers on July 23, 2015, 07:36:29 pm
How do I gain access to this hangout when it is live?

https://beyondbitcoin.org/mumbleinfo/ (https://beyondbitcoin.org/mumbleinfo/)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on July 24, 2015, 11:59:15 am
I have a question regrading BTS 2.0 licensing after September 8th.

Let's assume that after September 8th BTS 2.0 is released and I want to launch a decentralized exchange in the BTS ecosystem and host my customers' BTS wallets on my server.

1. Can I safely assume that all the software infrastructure will be there for me to grab free of charge and I won't need to write a single line of code?
(Obviously except the code handling the on-ramp and off-ramp for my customers' fiat payments)
2. Will the BTS 2.0 full node client include the server code to support BTS wallet hosting?
3. Is there a draft version of the exact wording of the license model after September 8th?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on July 30, 2015, 08:12:37 pm
Questions below this point will be asked in this week's hangout (31 JUL 2015)
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Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on July 30, 2015, 08:13:54 pm
Are there any projects you feel would be powerful partnerships out there?  If so which ones and which ones should we prioritize contacting?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 30, 2015, 08:36:58 pm
Could Bbytemaster comment if there is an ETA of 2.0 and shouldn't there be more communication on this with the community if it is only 1-8 weeks away from release?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 30, 2015, 08:39:58 pm
How is the discussions going with this bank? Are they still ongoing? Are they progressing and promising? Any other valuable partnership discussions he would care to comment on?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: lil_jay890 on July 30, 2015, 08:40:21 pm
Could Bbytemaster comment if there is an ETA of 2.0 and shouldn't there be more communication on this with the community if it is only 1-8 weeks away from release?

This^^

Also the test net
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on July 30, 2015, 08:56:03 pm
Excuse me if this has been answered elsewhere, my question is regarding fees and micro transactions,

Do you believe the current fees of BitShares 2.0 (0.20cents) could limit potential partnerships (i.e. implementing Qora in BitShares)? Do you think this could be relatively easy to solve in the future to allow micro transactions? Do you have an idea of how this could potentially be solved with a different method, other than lowering the fees through voting in the future?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Chris4210 on July 31, 2015, 09:20:49 am
How to ignite a Bitasset market?

I would like to know about Cryptonomics exp about how to start a BitAsset market. I already wrote a post about it here : https://bitsharestalk.org/index.php/topic,17609.msg224338.html#msg224338

I see limits in certain markets because there is nothing existing to be traded (BtsGold, HKD) . Does it needs delegates to burn bts , shorting bit assets into existence?

That would be a heavy lose business to start an asset...

Lookign forward to an answer :)

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on July 31, 2015, 01:16:57 pm
Bytemaster, could you walk us through the BTS 2.0 referral program from the new user's perspective?
I especially would like to know how the new user is supposed to pay the subscription fee? Will s/he need to buy some bitUSD first to pay for the subscription fee or do you envision some other way to do it?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mf-tzo on July 31, 2015, 02:00:50 pm
It seems to me that BTS is keep falling and falling in price. The other day people commented that 1 Brownie PTS will be worth 100 BTS. The whole market appears not confident about what is happening with BTS and this is reflected in the price. And now reading some posts I see long term supporters of the community valuing BTS differently. I personally don't feel this way but apparently the market is not valuing BTS like me..

To this effect I would ask BM if possible to address this by reassuring investors that BTS is going in the right direction and BTS holders will not be keeping the bag. If he can bring back lost confidence it would be nice. Explain in more details what is the plan and how BTS holders will profit. Re assure that CNX is complementary to BTS and not competitor..Things like that..
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 31, 2015, 03:30:30 pm
Explain in more details what is the plan ..

I think this is the deal right now. I'm sure the devs are working hard but after the announcement I feel we're drifting from week to week without any idea on specifically when we will go live. It simply doesn't make any sense that we can be so close yet there is no countdown or release date.

I see other people are saying similar things and think it's about time we put a release date out there. If there is a specific reason why this can't be done then I would like to hear it.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BunkerChainLabs-DataSecurityNode on July 31, 2015, 03:50:28 pm
Explain in more details what is the plan ..

I think this is the deal right now. I'm sure the devs are working hard but after the announcement I feel we're drifting from week to week without any idea on specifically when we will go live. It simply doesn't make any sense that we can be so close yet there is no countdown or release date.

I see other people are saying similar things and think it's about time we put a release date out there. If there is a specific reason why this can't be done then I would like to hear it.

Just want to bring attention to some points.. we don't even have  the testnet launched.. we have been given estimates which give a reasonable time frame within a month period of when we can expect to see something. Anything beyond that would simply be unrealistic.

This is not copying a widget and remanufacturing it and telling everyone when it will roll off the assembly line. This is creating a whole new market place and a whole new system. So we have the unrealistic expectations of wanting a specific date, and we have CMX that doesn't even have a testnet to project from for such a date. It's perfect storm of disconnect.

I think the price is what it is because of everything else going on and also the time of year. I doubt there is anything that anybody can say that would change it.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on July 31, 2015, 04:00:45 pm
It seems to me that BTS is keep falling and falling in price. The other day people commented that 1 Brownie PTS will be worth 100 BTS. The whole market appears not confident about what is happening with BTS and this is reflected in the price. And now reading some posts I see long term supporters of the community valuing BTS differently. I personally don't feel this way but apparently the market is not valuing BTS like me..

To this effect I would ask BM if possible to address this by reassuring investors that BTS is going in the right direction and BTS holders will not be keeping the bag. If he can bring back lost confidence it would be nice. Explain in more details what is the plan and how BTS holders will profit. Re assure that CNX is complementary to BTS and not competitor..Things like that..

I don't think it has anything to do with lost confidence, except perhaps among the uninformed.  Our expectations are sky-high with respect to the impact our referral program will have on bringing in new users from our partners by the tens of thousands.  (In today's Mumble we briefly touched on one example - 40,000 potential new members from a professional engineers' society.) There is a really compelling incentive for all sorts of businesses to quickly monetize their existing user bases and there will be a gold rush of all kinds of people signing up new users.  And with more partners come more products and services and market depth - growing the BitShares economy in an exponential sort of way.

This is a major part of the Cryptonomex business plan - helping to find and assist new partners to do the above.  You see us doing that already with many of the Summer Announcements to date and more to come.

Another part of our business plan is to capture outside funding so we can add features to BitShares faster without requiring BitShares to pay for all of it.  This gives BitShares a higher "thrust to weight ratio" so to speak.

The ability to pay developers competitive wages is another big benefit of having Cryptonomex attract partners, customers, and investors that BitShares has no way to attract on its own.  That's the original reason Cryptonomex was founded.

And then there is the potential for BTS holders to be the targets of future share drops for new chains.  That remains a major factor in our thinking about who gets a Graphene license and thus another reason why Cryptonomex involvement in developing new chains directly adds to the value BTS holders receive.    It increases the likelihood of more share drops for public chains where that makes sense.  I'd hate to be sitting on the sidelines when one of those is announced.

Demand for BTS and its products is going to come more and more from users and less and less (percentage wise) from speculators where most other cryptos are trapped fighting over the same fickle money hopping from pump to pump.  (Of course, speculators will follow the coming surge in BitShares users too.)

:)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cylonmaker2053 on July 31, 2015, 04:10:20 pm
Demand for BTS and its products is going to come more and more from users and less and less (percentage wise) from speculators where most other cryptos are trapped fighting over the same fickle money hopping from pump to pump.  (Of course, speculators will follow the coming surge in BitShares users too.)


 +5% i think demand for SmartCoins and bond market products will be our core business massive success. that's why i've stuck with this despite seemingly nonstop speculative losses; i believe in what we're doing, so i keep buying more.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 31, 2015, 04:19:39 pm
The referral thing is a stroke of genius without a doubt.
When I read that it would be released this summer and I see that it's essentially August now, I just expected there to be specifics about the launch. I absolutely agree it needs to be done right first time it's just I would like to hear a specific roadmap for the next 4 months - what's left to do and ETAs. He last couple of mumbles I heard where good, but we drift from week to week and wonder what BM is going to say and what will be included in the update.
I am not complaining, just eager and wish there was some type of roadmap/task list to go live that we can all follow to final release.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: lil_jay890 on July 31, 2015, 04:26:56 pm
Whatever happened to the weekly update that Stan posted on Wednesdays?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 31, 2015, 04:57:09 pm
Every week his mad ravings get more earth shattering.

Last week:  "BTS has max anon"

How can he ever top that?

And while waiting for the GUI guys, you might as well just tack on the bond market too ;)

Agreed and how about an some type of roadmap from the GUI guys or a direct update/Q&A from them if that's the last piece of the puzzle.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on July 31, 2015, 05:00:24 pm
The referral thing is a stroke of genius without a doubt.
When I read that it would be released this summer and I see that it's essentially August now, I just expected there to be specifics about the launch. I absolutely agree it needs to be done right first time it's just I would like to hear a specific roadmap for the next 4 months - what's left to do and ETAs. He last couple of mumbles I heard where good, but we drift from week to week and wonder what BM is going to say and what will be included in the update.
I am not complaining, just eager and wish there was some type of roadmap/task list to go live that we can all follow to final release.

Yeah, I understand.

We are currently almost 6 weeks into a 13 week long summer.  The blockchain code has been turned over to our internal test team.  Bytemaster is turning his attention to the GUI team, which is the remaining long pole in the tent.

When the internal testers have found and fixed every obvious bug, the test chain will be released for outside developer evaluation.

When we have a GUI that gives the average user a good experience, we'll make it available so that they too can check out the test network.

When we have the extra on/off ramp integration features needed by our exchange partners we'll begin integration and testing with them.

And about that time we'll announce the official 30 day countdown to release.   But we won't do that until we are sure we are really, really ready to commit to that date.

All of these events hinge on typical software development unknowns like "how many bugs remain to fix?".   

Meanwhile, we'll continue to try to stay in the news with an announcement campaign that is a mix of new partners and expanded progress reports from those already announced and key milestones from the above list.   None of these announcement dates are within my arbitrary control - they require a lot of people to give me a wink and a nod.

The purpose of the announcement campaign is to attract still more partners to bring their user bases into our ecosystem and teach them to use it so they can collect new revenue streams.  That seems to be working, since I'm averaging about one new partner inquiry per week. 

So, we're all waiting to see how it unfolds just like everyone else. 

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 31, 2015, 05:12:34 pm
last couple of mumbles I heard where good, but we drift from week to week and wonder what BM is going to say and what will be included in the update.
I am not complaining,

me neither, that's the reason i tune in. (https://www.youtube.com/watch?v=FbccrO8qKog#t=32s)

Even though I 'tuned in' I don't hear timelines and expectations of 'next week' that don't materialize. Things come up and that's ok. It's managing the timeline and communication about it that's my biggest issue.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on July 31, 2015, 05:14:43 pm
The referral thing is a stroke of genius without a doubt.
When I read that it would be released this summer and I see that it's essentially August now, I just expected there to be specifics about the launch. I absolutely agree it needs to be done right first time it's just I would like to hear a specific roadmap for the next 4 months - what's left to do and ETAs. He last couple of mumbles I heard where good, but we drift from week to week and wonder what BM is going to say and what will be included in the update.
I am not complaining, just eager and wish there was some type of roadmap/task list to go live that we can all follow to final release.

Yeah, I understand.

We are currently almost 6 weeks into a 13 week long summer.  The blockchain code has been turned over to our internal test team.  Bytemaster is turning his attention to the GUI team, which is the remaining long pole in the tent.

When the internal testers have found and fixed every obvious bug, the test chain will be released for outside developer evaluation.

When we have a GUI that gives the average user a good experience, we'll make it available so that they too can check out the test network.

When we have the extra on/off ramp integration features needed by our exchange partners we'll begin integration and testing with them.

And about that time we'll announce the official 30 day countdown to release.   But we won't do that until we are sure we are really, really ready to commit to that date.

All of these events hinge on typical software development unknowns like "how many bugs remain to fix?".   

Meanwhile, we'll continue to try to stay in the news with an announcement campaign that is a mix of new partners and expanded progress reports from those already announced and key milestones from the above list.   None of these announcement dates are within my arbitrary control - they require a lot of people to give me a wink and a nod.

The purpose of the announcement campaign is to attract still more partners to bring their user bases into our ecosystem and teach them to use it so they can collect new revenue streams.  That seems to be working, since I'm averaging about one new partner inquiry per week. 

So, we're all waiting to see how it unfolds just like everyone else.

Got it, that makes more sense. Thank you Stan. :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on July 31, 2015, 05:27:40 pm
That seems to be working, since I'm averaging about one new partner inquiry per week. 

 +5% +5% +5% Well now that's all kinds of awesome :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: cass on July 31, 2015, 05:36:14 pm
And about that time we'll announce the official 30 day countdown to release.


NO COUNTDOWN PLS .... [member=6]Stan[/member]  ... We had one disaster with this ..i really would love to see a silent launch this time ...!!!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on July 31, 2015, 05:48:54 pm
And about that time we'll announce the official 30 day countdown to release.


NO COUNTDOWN PLS .... [member=6]Stan[/member]  ... We had one disaster with this ..i really would love to see a silent launch this time ...!!!
That countdown is meant for the SNAPSHOT to graphene .. there is no way to miss it (unless delegates all stop producing blocks :)  )
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Helikopterben on July 31, 2015, 06:16:57 pm
I am not complaining, just eager and wish there was some type of roadmap/task list to go live that we can all follow to final release.

I follow other projects and they also have periods of quiet when users and investors question what is going on.  The pattern repeats itself.  It's usually around those times that major progress is made.  Ethereum finally just released its first test network and maidsafe has yet to release theirs, but it should be soon, so bitshares is mostly in-line with other projects.  In fact, with all these great 2.0 projects scheduled for release around the same time, 2016 is setting up to be a spectacular year, on par or greater than that of bitcoin 2013. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on July 31, 2015, 06:19:14 pm
STAN:
1. When the internal testers have found and fixed every obvious bug, the test chain will be released for outside developer evaluation.
2. When we have a GUI that gives the average user a good experience, we'll make it available so that they too can check out the test network.
3. When we have the extra on/off ramp integration features needed by our exchange partners we'll begin integration and testing with them.

4. And about that time we'll announce the official 30 day countdown to release.   But we won't do that until we are sure we are really, really ready to commit to that date.

> Thank you stan.  +5%. We needed this extra piece of clarification.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on July 31, 2015, 06:29:52 pm
And about that time we'll announce the official 30 day countdown to release.


NO COUNTDOWN PLS .... [member=6]Stan[/member]  ... We had one disaster with this ..i really would love to see a silent launch this time ...!!!

I hear you.  The reason for the countdown is that we already have a live market and many partners using it. 
They all need to know the switchover block with absolute certainty.

That's the kind of thing no ordinary user should fear having sprung on them without lots of notice.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: lil_jay890 on July 31, 2015, 06:33:47 pm
And about that time we'll announce the official 30 day countdown to release.


NO COUNTDOWN PLS .... [member=6]Stan[/member]  ... We had one disaster with this ..i really would love to see a silent launch this time ...!!!

I hear you.  The reason for the countdown is that we already have a live market and many partners using it. 
They all need to know the switchover block with absolute certainty.

That's the kind of thing no ordinary user should fear having sprung on them without lots of notice.

Can you give us the general feeling in blacksburg about when this will be released?  Could you tentatively say this year?  It seems like there are a lot of moving parts...
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on July 31, 2015, 07:09:37 pm
Whatever happened to the weekly update that Stan posted on Wednesdays?

Every staff meeting since the Big Announcement I've sat there trying to take notes suitable for a status update.  Every engineer's status report is extremely detailed about issues and jumps into the middle of the subject like everyone is expected to know exactly what they are talking about.  To me, it sounds a lot like Charlie Brown's teacher...

(http://www.silverdoctors.com/wp-content/uploads/2014/05/peanuts.jpg)

So, that's what they talk about in staff meetings these days.  I decided not to interrupt them every two minutes with a, "Wait, what?"  Best bet if you want that level of information is to check the issues and commits on GitHub.

Meanwhile, I've presented the gist of it earlier in this thread.  As each of those events happens, there will be a Big Announcement.

Other than that, all the general news that is news gets pushed to this forum as it happens.  I'm always looking for an excuse to run up my post count.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BunkerChainLabs-DataSecurityNode on July 31, 2015, 07:20:37 pm
I am not complaining, just eager and wish there was some type of roadmap/task list to go live that we can all follow to final release.

I follow other projects and they also have periods of quiet when users and investors question what is going on.  The pattern repeats itself.  It's usually around those times that major progress is made.  Ethereum finally just released its first test network and maidsafe has yet to release theirs, but it should be soon, so bitshares is mostly in-line with other projects.  In fact, with all these great 2.0 projects scheduled for release around the same time, 2016 is setting up to be a spectacular year, on par or greater than that of bitcoin 2013.

Agreed  +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on July 31, 2015, 07:22:55 pm

Can you give us the general feeling in blacksburg about when this will be released?  Could you tentatively say this year?  It seems like there are a lot of moving parts...

"This Summer" narrows our one-sigma probability of being on target down to a specific 13 week period in 2015 while leaving us free, if necessary, to point out that technically this planet does have a southern hemisphere. 

:)

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on July 31, 2015, 07:43:08 pm

Can you give us the general feeling in blacksburg about when this will be released?  Could you tentatively say this year?  It seems like there are a lot of moving parts...

"This Summer" narrows our one-sigma probability of being on target down to a specific 13 week period in 2015 while leaving us free, if necessary, to point out that technically this planet does have a southern hemisphere

:)

LOL

You are killing us Stan.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on July 31, 2015, 07:59:18 pm

Can you give us the general feeling in blacksburg about when this will be released?  Could you tentatively say this year?  It seems like there are a lot of moving parts...

"This Summer" narrows our one-sigma probability of being on target down to a specific 13 week period in 2015 while leaving us free, if necessary, to point out that technically this planet does have a southern hemisphere

:)

LOL

You are killing us Stan.
I lol'ed :D
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on July 31, 2015, 08:41:43 pm
Questions below this point will be asked in next week's hangout (7 AUG 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on July 31, 2015, 09:25:08 pm
When we have the extra on/off ramp integration features needed by our exchange partners we'll begin integration and testing with them.

how much work are these extra on/off features?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mf-tzo on August 01, 2015, 06:26:29 am
It seems to me that BTS is keep falling and falling in price. The other day people commented that 1 Brownie PTS will be worth 100 BTS. The whole market appears not confident about what is happening with BTS and this is reflected in the price. And now reading some posts I see long term supporters of the community valuing BTS differently. I personally don't feel this way but apparently the market is not valuing BTS like me..

To this effect I would ask BM if possible to address this by reassuring investors that BTS is going in the right direction and BTS holders will not be keeping the bag. If he can bring back lost confidence it would be nice. Explain in more details what is the plan and how BTS holders will profit. Re assure that CNX is complementary to BTS and not competitor..Things like that..

I don't think it has anything to do with lost confidence, except perhaps among the uninformed.  Our expectations are sky-high with respect to the impact our referral program will have on bringing in new users from our partners by the tens of thousands.  (In today's Mumble we briefly touched on one example - 40,000 potential new members from a professional engineers' society.) There is a really compelling incentive for all sorts of businesses to quickly monetize their existing user bases and there will be a gold rush of all kinds of people signing up new users.  And with more partners come more products and services and market depth - growing the BitShares economy in an exponential sort of way.

This is a major part of the Cryptonomex business plan - helping to find and assist new partners to do the above.  You see us doing that already with many of the Summer Announcements to date and more to come.

Another part of our business plan is to capture outside funding so we can add features to BitShares faster without requiring BitShares to pay for all of it.  This gives BitShares a higher "thrust to weight ratio" so to speak.

The ability to pay developers competitive wages is another big benefit of having Cryptonomex attract partners, customers, and investors that BitShares has no way to attract on its own.  That's the original reason Cryptonomex was founded.

And then there is the potential for BTS holders to be the targets of future share drops for new chains.  That remains a major factor in our thinking about who gets a Graphene license and thus another reason why Cryptonomex involvement in developing new chains directly adds to the value BTS holders receive.    It increases the likelihood of more share drops for public chains where that makes sense.  I'd hate to be sitting on the sidelines when one of those is announced.

Demand for BTS and its products is going to come more and more from users and less and less (percentage wise) from speculators where most other cryptos are trapped fighting over the same fickle money hopping from pump to pump.  (Of course, speculators will follow the coming surge in BitShares users too.)

:)


Oh my dear Stan...That is exactly the kind of post I wanted to hear...I just hope others read this too.
Also since the time for the Friday hangouts don't work for me and as much as I want to participate I can't, it would be appreciated if someone does a transcript of what have been discussed.
Thanks :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Bitcoinfan on August 02, 2015, 10:55:29 pm
This is very long, but I think a very good discussion question to see how BM, Stan, and Dev Core are approaching the referral system.  I think it has great potential.  But I see the referral system having more longwithstanding success if smart contract developers can earn referral fees for the contracts they make.  My concern is in the long-run, initial referrers don't provide innovative developments as much as developers do.  Referrers can just squat on the capital effort that brought them all the users in the first place and still earn fees without providing any new value-add as compared to a developer.  They in some ways get the public to squat as many accounts as they can for them.  At least that's one way this would work. 

Last week BM spoke about specialized contracts being made for BTS.  This will allow curation and through testing and takes a "soft update" each time.  And afterwards, Cryptosile brought up a good idea that I've been pondering myself.  In one of the posts he asks:

https://bitsharestalk.org/index.php/topic,17801.0.html
"I'm curious if we could provide these two things:
1.  Allow a specific smart contract to pay 10% of fees to the creator of said smart contract.
  - This would incentivize a lot of developers to submit smart contracts and compete for inclusion into the blockchain."

To me this would spur use of smart contracts, experimentation and new products for the general public.  Sure it would be in the interest of the first referrers to create new types of contracts.  But I see this as further incentivizing development on the Bitshares blockchain and bring tools and smartcoin programs that mesh in the bitshares network.  A pie in the sky hypothetical example: someone wants to build a decentralized Uber on Bitshares can do so and profit.   But in short, incentives and rewards are further brought together.

Not to mention it would allow the little guy to profit for bringing something new to do table.  He will be able to build a  better business model to compete with the veterans and not be squatted out like the current method has it. 

Is this something that is currently being discussed or considered?  Do you think this is feasible or even possible for Bitshares under the current structure of the referral system?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on August 03, 2015, 12:25:52 am
This is very long, but I think a very good discussion question to see how BM, Stan, and Dev Core are approaching the referral system.  I think it has great potential.  But I see the referral system having more longwithstanding success if smart contract developers can earn referral fees for the contracts they make.  My concern is in the long-run, initial referrers don't provide innovative developments as much as developers do.  Referrers can just squat on the capital effort that brought them all the users in the first place and still earn fees without providing any new value-add as compared to a developer.  They in some ways get the public to squat as many accounts as they can for them.  At least that's one way this would work. 

Last week BM spoke about specialized contracts being made for BTS.  This will allow curation and through testing and takes a "soft update" each time.  And afterwards, Cryptosile brought up a good idea that I've been pondering myself.  In one of the posts he asks:

https://bitsharestalk.org/index.php/topic,17801.0.html
"I'm curious if we could provide these two things:
1.  Allow a specific smart contract to pay 10% of fees to the creator of said smart contract.
  - This would incentivize a lot of developers to submit smart contracts and compete for inclusion into the blockchain."

To me this would spur use of smart contracts, experimentation and new products for the general public.  Sure it would be in the interest of the first referrers to create new types of contracts.  But I see this as further incentivizing development on the Bitshares blockchain and bring tools and smartcoin programs that mesh in the bitshares network.  A pie in the sky hypothetical example: someone wants to build a decentralized Uber on Bitshares can do so and profit.   But in short, incentives and rewards are further brought together.

Not to mention it would allow the little guy to profit for bringing something new to do table.  He will be able to build a  better business model to compete with the veterans and not be squatted out like the current method has it. 

Is this something that is currently being discussed or considered?  Do you think this is feasible or even possible for Bitshares under the current structure of the referral system?

I feel this is critical.  Developers should want to develop smart contracts for bitshares in the hope of getting some fees from their use.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on August 03, 2015, 02:10:12 am
This is very long, but I think a very good discussion question to see how BM, Stan, and Dev Core are approaching the referral system.  I think it has great potential. But I see the referral system having more longwithstanding success if smart contract developers can earn referral fees for the contracts they make.  My concern is in the long-run, initial referrers don't provide innovative developments as much as developers do.  Referrers can just squat on the capital effort that brought them all the users in the first place and still earn fees without providing any new value-add as compared to a developer.  They in some ways get the public to squat as many accounts as they can for them.  At least that's one way this would work. 

Last week BM spoke about specialized contracts being made for BTS.  This will allow curation and through testing and takes a "soft update" each time.  And afterwards, Cryptosile brought up a good idea that I've been pondering myself.  In one of the posts he asks:

https://bitsharestalk.org/index.php/topic,17801.0.html
"I'm curious if we could provide these two things:
1.  Allow a specific smart contract to pay 10% of fees to the creator of said smart contract.
  - This would incentivize a lot of developers to submit smart contracts and compete for inclusion into the blockchain."

To me this would spur use of smart contracts, experimentation and new products for the general public.  Sure it would be in the interest of the first referrers to create new types of contracts.  But I see this as further incentivizing development on the Bitshares blockchain and bring tools and smartcoin programs that mesh in the bitshares network.  A pie in the sky hypothetical example: someone wants to build a decentralized Uber on Bitshares can do so and profit.   But in short, incentives and rewards are further brought together.

Not to mention it would allow the little guy to profit for bringing something new to do table.  He will be able to build a  better business model to compete with the veterans and not be squatted out like the current method has it. 

Is this something that is currently being discussed or considered?  Do you think this is feasible or even possible for Bitshares under the current structure of the referral system?
This really is a great idea!
If you think it further, the logical consequence would be to eliminate the worker pay and pay workers only through getting their share of the tx fee. But that would have the disadvantage that the reward for the developer / worker would only rely on tx volume even though there might be other factors like tx size (amount of money) which often relates to how much BTS will be demanded as collateral (that though could be  mitigated through % based fees: https://bitsharestalk.org/index.php?topic=17721.0).
 How would competition between two workers / developers / similar apps / similar features work within the Bitshares model (curated apps)? What if the decentralized uber is operational on Bitshares and some other developer thinks he can do better?
The competition aspect is particularly important in the light of different devs competing with regards to fees they offer. In the example: Uber is operational on Bitshares but another dev thinks the "developer fees" are too high. Lowering fees through competition is essential because the developer fees estimated and proposed by the dev and confirmed by stakeholders might be way "too high". Such relativity of fees / prices in an open market are solved by competition. How does that work here?
Are there any rules to protect the IP of the dev behind Uber1? Could some other dev just copy (most of) the code of Uber1 and submit it to Bitshares with lower developer fees?

One question on my side that is related but also relevant apart from this proposal: Does adding features add any kind of bloat to BitShares? Let's assume tx / sec are not a limiting factor? What would be other limiting factors related to adding features to Bitshares?
More generally: What would be reasons to not allow a feature on Bitshares?

Ideal would be a combination of the free market competition of the android model with the efficiency  of the apple model :-/
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on August 03, 2015, 07:37:24 am
Does adding features add any kind of bloat to BitShares? Let's assume tx / sec are not a limiting factor? What would be other limiting factors related to adding features to Bitshares?
More generally: What would be reasons to not allow a feature on Bitshares?

 +5% +5% +5%
 
When we were developing the Tek9 Pro eBusiness software 20 years ago, this became a huge issue, really fast. Customers said "we want this" or "we want that" and based on the number of requests for a new feature, I had my team implement it.
 
So, we ended up with kick ass software that offered it all, but it became incredibly difficult to use since you now had to weed through so many of the new features just to access the one or two features that you actually used.
 
So, then we had to completely redesign the GUI (nowadays you guys call it UI/UX but whatever), color coding the top-level menus, making every ounce of it multilingual, making it more modular so that certain features could be totally removed from the GUI if desired, etc. That re-dev process alone took us another year.
 
I hope our new wallets will be modular in this sense.
ie: Don't present me with "this or that" if I'll never use it. Let me plugin to just the stuff that I will actually use. K.I.S.S. ;)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: clayop on August 07, 2015, 06:05:12 am
So, then we had to completely redesign the GUI (nowadays you guys call it UI/UX but whatever), color coding the top-level menus, making every ounce of it multilingual, making it more modular so that certain features could be totally removed from the GUI if desired, etc. That re-dev process alone took us another year.
 
I hope our new wallets will be modular in this sense.

This is really good point. GUI don't have to include all features. We can have multiple versions of GUI that utilize BTS modules for specific purposes. Or we can install certain modules(like extensions) on top of basic functions of BTS.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sudo on August 07, 2015, 06:49:05 am
So, then we had to completely redesign the GUI (nowadays you guys call it UI/UX but whatever), color coding the top-level menus, making every ounce of it multilingual, making it more modular so that certain features could be totally removed from the GUI if desired, etc. That re-dev process alone took us another year.
 
I hope our new wallets will be modular in this sense.

This is really good point. GUI don't have to include all features. We can have multiple versions of GUI that utilize BTS modules for specific purposes. Or we can install certain modules(like extensions) on top of basic functions of BTS.

modular good idea
good idea
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on August 07, 2015, 07:29:15 am
I'd love to find answers to the questions asked in OP of this thread (https://bitsharestalk.org/index.php/topic,17804.0.html)

Could you let me know if the following assumptions are true:

1. Regarding transferable account names and subscription fees:
1A. A BitShares account can have multiple account names associated with it and any of these names can be transferred to another BitShares account.
1B. The choice between the pay-as-you go mode and prepaid mode (obtained by paying a subscription fee) refers to a BitShares account, not a particular account name.
1C. A new account is pay-as-you-go by default and if the user wants to upgrade to the prepaid mode s/he needs to acquire some bitUSD and buy the subscription from the BTS blockchain.

2. Regarding HWP business model:
2A. Main revenue stream for HWP is supposed to come from the referral program for signing up new users for the BitShares ecosystem.
2B. Let's assume a user opens a BitShares account by signing up with my HWP and then decides to switch to another HWP:
- if the user has already paid the subscription fee: my referral income is unaffected
- if the user has not paid the subscription fee: I will most likely lose the referral income from this user as the other HWP will create a new account for him and he will probably transfer his existing account name to this new account. As a result the initial account signed up with my HWP will most probably be abandoned.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: MJK on August 07, 2015, 01:07:51 pm
I hope our new wallets will be modular in this sense.
ie: Don't present me with "this or that" if I'll never use it. Let me plugin to just the stuff that I will actually use. K.I.S.S. ;)

 +5% +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on August 07, 2015, 01:19:36 pm
I hope our new wallets will be modular in this sense.
ie: Don't present me with "this or that" if I'll never use it. Let me plugin to just the stuff that I will actually use. K.I.S.S. ;)

 +5% +5%

BTS2 wallet is already very modular .. it uses react and separates all functionalities into views/components, stores and actions .. You will certainly like it ..
take a look into the graphene-ui repository @ github
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: konelectric on August 08, 2015, 03:43:40 pm
Fuzzy, Any big plans for your 100th episode?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 08, 2015, 05:10:17 pm
Fuzzy, Any big plans for your 100th episode?

Nope to be honest our 100th episode was actually something like 7-8 episodes ago :P 
We will just keep trucking and keep trying to build a community to put bitshares and friends at the helm as it pushes cryptocurrencies to  a new level.
I do have plans though... just not for this specific occasion. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: konelectric on August 08, 2015, 05:15:59 pm
Fuzzy, Any big plans for your 100th episode?

Nope to be honest our 100th episode was actually something like 7-8 episodes ago :P 
We will just keep trucking and keep trying to build a community to put bitshares and friends at the helm as it pushes cryptocurrencies to  a new level.
I do have plans though... just not for this specific occasion.

I'm way behind. I listen to them on SoundCload and the last one was marked E98.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 08, 2015, 05:27:15 pm
Fuzzy, Any big plans for your 100th episode?

Nope to be honest our 100th episode was actually something like 7-8 episodes ago :P 
We will just keep trucking and keep trying to build a community to put bitshares and friends at the helm as it pushes cryptocurrencies to  a new level.
I do have plans though... just not for this specific occasion.

I'm way behind. I listen to them on SoundCload and the last one was marked E98.

I'm just glad you enjoy them :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Thom on August 08, 2015, 05:54:27 pm
I sent you a PM with the links to the raw mp3 recordings you requested.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: yellowecho on August 08, 2015, 07:23:29 pm
Any estimate on when the new hangout will be posted to Soundcloud?  Or the raw? I wasn't able to attend this weeks hangout so I'm feeling out of the loop
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: betax on August 09, 2015, 06:42:46 am
Raw low quality if anybody wants it here https://www.dropbox.com/s/jpfme2qpes4q3yv/Mumble-2015-08-07-15-02-30-mumble.beyondbitcoinshow.com-Mixdown.mp3?dl=0
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 09, 2015, 07:32:43 am
Questions below this point will be asked in next week's hangout (14 AUG 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: julian1 on August 09, 2015, 07:37:05 am
Raw low quality if anybody wants it here https://www.dropbox.com/s/jpfme2qpes4q3yv/Mumble-2015-08-07-15-02-30-mumble.beyondbitcoinshow.com-Mixdown.mp3?dl=0

A+
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: speedy on August 09, 2015, 10:32:37 pm
Here is my question for next week's hangout:

According to bts blocks, we have 37 100% delegates resulting in inflation of 2.38% == 60 million BTS / year, or 164000 BTS / day.

My question is how can the increased fees earned in BTS 2.0 cover that daily deficit?

We currently average 600 BTS / day in fees. So we need to either fire some delegates or increase our daily earned fees x273.

While last week's philosophical discussion on the creation of money was interesting, is that really what we want to hear about? Everyone here already knows the current financial system is broken, but we arent going to "Replace the dollar" (33:05) if BitShares keeps expanding its money supply.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: speedy on August 10, 2015, 10:25:14 pm
And can BM reassure us that this 2% inflation is temporary? He keeps referring to "ongoing development through dilution" as if it will last forever.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on August 10, 2015, 10:37:05 pm
And can BM reassure us that this 2% inflation is temporary? He keeps referring to "ongoing development through dilution" as if it will last forever.

Inflation can stop when either:
* Bitshares no longer requires paying for development support, either because it no longer needs active development, or its remaining developers are doing it for free or for referral fees, or for fees they get for use of smart contracts they are developing.  Maybe this state could be achieved in a couple years after all core features are developed?
OR
* Bitshares fees generated exceed development inflation costs.  If Bitshares were to become a successful crypto exchange on the order of something like Bitfinex, this would probably be the case, and we would be talking about Bitshares making a profit (be deflationary) rather than being inflationary.

Regardless, moving to 2.0 can probably cut inflation from 2% down to the 1-1.5% range due to elimination of marketing delegates.  The assumption is that markers profit from referrals they generate, and we will not need to use dilution to fund marketing delegates anymore.

I think it should be a goal that we set worker payout rate in 2.0 such that emission of BTS is lower than it is currently.  It is very possible to do this and cover worker proposals from the core dev team plus a few others.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on August 10, 2015, 11:34:56 pm
And can BM reassure us that this 2% inflation is temporary? He keeps referring to "ongoing development through dilution" as if it will last forever.

Inflation can stop when either:
* Bitshares no longer requires paying for development support, either because it no longer needs active development, or its remaining developers are doing it for free or for referral fees, or for fees they get for use of smart contracts they are developing.  Maybe this state could be achieved in a couple years after all core features are developed?
OR
* Bitshares fees generated exceed development inflation costs.  If Bitshares were to become a successful crypto exchange on the order of something like Bitfinex, this would probably be the case, and we would be talking about Bitshares making a profit (be deflationary) rather than being inflationary.

Regardless, moving to 2.0 can probably cut inflation from 2% down to the 1-1.5% range due to elimination of marketing delegates.  The assumption is that markers profit from referrals they generate, and we will not need to use dilution to fund marketing delegates anymore.

I think it should be a goal that we set worker payout rate in 2.0 such that emission of BTS is lower than it is currently.  It is very possible to do this and cover worker proposals from the core dev team plus a few others.

Another factor that will reduce dilution is that Worker proposals can offer to have their pay vest over a specified period of time.
So some of our delegate slots can be switched over from vesting immediately to being locked up for gradual release over a year or more.
So a developer company can pay salaries out of their own working capital instead of selling BTS immediately.  So that company essentially lends its working capital to BTS in the form of development labor to be paid back later when the worker pay vests.

This delays the impact of paying for development with dilution until after the growth that development causes has occurred.

This is not a requirement on all workers, just one way they can sweeten their proposals to get them funded.

"I will gladly give you a hamburger today, for pay that vests Tuesday" as Popeye's friend Wimpy might say.

(http://www.mississauga4sale.com/blog/uploaded_images/popeye-hamburgertoday-798976.bmp)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on August 10, 2015, 11:40:32 pm
And can BM reassure us that this 2% inflation is temporary? He keeps referring to "ongoing development through dilution" as if it will last forever.

And another thing we are doing to lower the percentage of dilution is forming Cryptonomex to seek outside funding and spread development costs over many more projects.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Bitcoinfan on August 11, 2015, 01:06:11 am
Did this get asked yet?

https://bitsharestalk.org/index.php/topic,16318.msg227155.html#msg227155

thx fuzzy
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: topcandle on August 13, 2015, 10:09:27 pm
According to new sharedrop 20% of IDentabit goes to current BTS holders.  Yet this mix of current BTS holders not only includes original BTS, PTS, AGS, but now also Dev and delegate stakes due to inflation.  Instead of getting a whole 20%, now BTS holders get less than that. Wouldn't you agree that the social contract has now effectively been broken?  bts can be effectively taxed through inflation, decreasing the ownership of current bts holders. 
It may be a small percentage, due to the 11 MM inflated thus far, but it is a misstep over the first rules outlayed.  How can we be sure that future chains will fully honor 20% to bts holders in future chains?  Wouldn't the right thing to do be to compensate bts holders for this extra 11MM in supply?  Do we not stand for principals?


 It may be small for now, but inflation has a way of changing the rules, so one day it may be possible BTS holders now only get 5% while dev and delegates get 15%. 

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: clayop on August 13, 2015, 11:42:31 pm
Questions about brownies
https://bitsharestalk.org/index.php/topic,17939.msg228693.html#msg228693
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on August 14, 2015, 01:04:18 am

I would prefer it if the majority of the discussion could focus on the 2.0 release  and the phone app (which is great).

1. Are we still in discussions with that bank BM referred to? If yes, how is that progressing?
2. Was that bank referring to identabit or bitshares?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: phillyguy on August 14, 2015, 03:12:03 am
Anyone know what the largest Mumble attendance has been to date? Anyone willing to wager tomorrow's will be the biggest yet?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: chryspano on August 14, 2015, 04:40:43 am
I would like to give 1000 points per "block" for every forum member with more than 1 block.  (Heros, etc...) and I will give major points to someone who offers to hand them out.

Is this going to happen at some point?

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on August 14, 2015, 04:27:20 pm
Question mentioned on Mumble that didn't get answered:

Paraphrasing..."Don't chains that sharedrop 20% and then dilute violate the Social Consensus?"

Answer:  No violation.  After you get your full 20% then you have to decide whether to cash it out or let it ride.

If you let it ride you are freely deciding that your are OK with the expected growth vs. the expected dilution.
So what happens after genesis is in your control, and you shouldn't expect a developer to take that into account for you.

In the case of Identabit's Proof of Appreciation guarantees that no dilution will occur at all for a while until the algorithm has validated that offsetting appreciation has occurred.

So the worry about what the supply will be at some distant point in the future is unknowable and moot. 

You start out sharing 20% and have plenty of time to decide your own fate (and opt out if you want) before any change in the supply ever happens.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bobmaloney on August 14, 2015, 04:54:57 pm
Question mentioned on Mumble that didn't get answered:

Paraphrasing..."Don't chains that sharedrop 20% and then dilute violate the Social Consensus?"

Answer:  No violation.  After you get your full 20% then you have to decide whether to cash it out or let it ride.

...

You start out sharing 20% and have plenty of time to decide your own fate (and opt out if you want) before any change in the supply ever happens.

This is a good point and I agree.

However, I would think and recommend it in the best interest of many potential sharedrop projects to require vesting, especially those projects that will require substantial maturation.
In order for the above to hold true to the Social Consensus, any inflation/dilution should not occur until vesting is complete unless those particular sharedropped accounts include vesting equal to any inflation/dilution.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 14, 2015, 05:25:02 pm
Questions below this point will be asked in next week's hangout (21 AUG 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on August 14, 2015, 08:52:56 pm

I'll ask the same question please fuzzy.

Q: Are we still in discussions with that bank BM referred to? If yes, how is that progressing?

I know he cant really give much detail, but in general terms I think we can know if its progressing. Are we reaching out to banks or did this one express and interest in BitShares?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: topcandle on August 15, 2015, 12:05:43 am
Question mentioned on Mumble that didn't get answered:

Paraphrasing..."Don't chains that sharedrop 20% and then dilute violate the Social Consensus?"

Answer:  No violation.  After you get your full 20% then you have to decide whether to cash it out or let it ride.

If you let it ride you are freely deciding that your are OK with the expected growth vs. the expected dilution.
So what happens after genesis is in your control, and you shouldn't expect a developer to take that into account for you.

In the case of Identabit's Proof of Appreciation guarantees that no dilution will occur at all for a while until the algorithm has validated that offsetting appreciation has occurred.

So the worry about what the supply will be at some distant point in the future is unknowable and moot. 

You start out sharing 20% and have plenty of time to decide your own fate (and opt out if you want) before any change in the supply ever happens.

Thanks for answering!  Although I'm not completely felt whole.  I think another way to look at it is to see that the value given to BM and company now allows for a faster burn rate of transaction fees.  So similar to adding greater value, the faster the deflation, we may end up with greater than 20% someday as opposed to less.  Any of these scenarios are possible. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on August 15, 2015, 12:27:27 am

I'll ask the same question please fuzzy.

Q: Are we still in discussions with that bank BM referred to? If yes, how is that progressing?

I know he cant really give much detail, but in general terms I think we can know if its progressing. Are we reaching out to banks or did this one express and interest in BitShares?

He said it was progressing but he couldnt say anything about it.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on August 15, 2015, 12:54:08 am

I'll ask the same question please fuzzy.

Q: Are we still in discussions with that bank BM referred to? If yes, how is that progressing?

I know he cant really give much detail, but in general terms I think we can know if its progressing. Are we reaching out to banks or did this one express and interest in BitShares?

We have a non-disclosure agreement which precludes us from divulging any details.
However we are pleased with the progress of the relationship and we expect it to grow.
We are only providing some consulting services and information about our technology at this point but it helps to pay the bills and it is a two-way learning experience.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on August 15, 2015, 03:02:47 am

I'll ask the same question please fuzzy.

Q: Are we still in discussions with that bank BM referred to? If yes, how is that progressing?

I know he cant really give much detail, but in general terms I think we can know if its progressing. Are we reaching out to banks or did this one express and interest in BitShares?

We have a non-disclosure agreement which precludes us from divulging any details.
However we are pleased with the progress of the relationship and we expect it to grow.
We are only providing some consulting services and information about our technology at this point but it helps to pay the bills and it is a two-way learning experience.

Excellent, thank you stan. Thats good news that this is ongoing.
Appreciate the update.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 20, 2015, 06:17:19 pm
Don't forget to ask your questions here before tomorrow!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on August 20, 2015, 09:59:00 pm
I have two questions:

(1) Does BM agree with the general conclusion that the new referral system combined with the DPOSHUB web service will be enough to take care of the marketing side once BitShares 2.0 is released?
If so, how does he perceive the marketing efficiency of Ethereum when compared to BitShares efficiency in this area?
(it's true we haven't had a stable product to sell yet but Ethereum has no product at all and still seems to beat us big time as far as PR is concerned)

(2) Will BM ever consider inviting Charles Hoskinson to join the CNX team?
(I know this is a very controversial issue and I am not really entitled to ask this but I thought it might be worth trying if Fuzzy thinks it's appropriate)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on August 20, 2015, 10:05:30 pm
I was also thinking about asking if it is conceivable that the Graphene name might be offered for rebranding BitShares.
But since the community seems to be generally against this idea - probably this question does not make much sense now.
It's up to you, Fuzzy.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Ander on August 20, 2015, 10:58:19 pm
Sometime I feel like the only way BTS will ever go up is if I can manage to accumulate almost every BTS in existence.

Question: 
Bytemaster, once I have acquired every other single BTS in the world, and its only you and me left in this thing, are you gonna dump it on me to pay taxes again or something, or are we gonna hold and finally see a price rise? :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 21, 2015, 06:38:54 pm
Questions below this point will be asked in next week's hangout (28 AUG 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on August 21, 2015, 07:37:24 pm
Could a live stream be made showing the high rate of transaction tests BitShares 2.0 can handle? Then have it uploaded onto youtube. Would be awesome to have something with which we could actually back up our statements. Not to mention we could definitely stand out in the media and impress lots of people. Would love to see this happen.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on August 22, 2015, 02:59:38 pm
Nice idea .. should be possible to do with react .. maybe i can work on this the week
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on August 22, 2015, 03:15:40 pm
Nice idea .. should be possible to do with react .. maybe i can work on this the week

That's awesome, would love to see that!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BunkerChainLabs-DataSecurityNode on August 22, 2015, 03:22:30 pm
Nice idea .. should be possible to do with react .. maybe i can work on this the week

Is there a reason for choosing react over angular.. or is it just a matter of preference for the programmer?

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on August 22, 2015, 03:23:29 pm
Nice idea .. should be possible to do with react .. maybe i can work on this the week

Is there a reason for choosing react over angular.. or is it just a matter of preference for the programmer?
i already started working on a stats page and chose to take the advantage to react more about the gui .. which is written in react
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on August 23, 2015, 04:14:03 pm
Nice idea .. should be possible to do with react .. maybe i can work on this the week

Is there a reason for choosing react over angular.. or is it just a matter of preference for the programmer?
i already started working on a stats page and chose to take the advantage to react more about the gui .. which is written in react
I now have a basic working gauge meter for TPS .. written in plain javascript .. maybe easier for others to interpret .. let me do some more testing and tweaking as well as refactoring of code .. then I can publish the code (and maybe even a demo) on github ... this week ...

Excuse the noobish design:
(http://i.imgur.com/Ij7czOZ.png)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on August 27, 2015, 12:07:56 pm
I can't get the mumble client to run so I will have to rely on this thread to get my question in there...

Regarding what has been brought up initially by bitcoinfan here https://bitsharestalk.org/index.php/topic,16318.msg227162.html#msg227162

Question: Do you see a way to combine the bitshare's scalable and efficient curated apps model with rewarding developers for how much the apps they develop are used (ethereum model)?

Context:
BitShare's model is to develop the apps in house and reward those that market them and find specific markets to market them to.
Ethereum's model is to let external devs develop the apps who can charge per volume or for access to the app (that at least is how I understand it atm:  https://www.reddit.com/r/ethereum/comments/3il72a/revenues_for_dapp_developers/).  Marketing is  done also by the respective dev (or a referral program if he codes that into his app  additionally.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on August 27, 2015, 11:15:55 pm
Nice idea .. should be possible to do with react .. maybe i can work on this the week

Is there a reason for choosing react over angular.. or is it just a matter of preference for the programmer?
i already started working on a stats page and chose to take the advantage to react more about the gui .. which is written in react
I now have a basic working gauge meter for TPS .. written in plain javascript .. maybe easier for others to interpret .. let me do some more testing and tweaking as well as refactoring of code .. then I can publish the code (and maybe even a demo) on github ... this week ...

Excuse the noobish design:
(http://i.imgur.com/Ij7czOZ.png)

good job!! Having this on BitSharesBlocks would be awesome  +5%

One more question that maybe someone can answer here: will we have a better peg on bitAssets?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on August 28, 2015, 06:08:52 am
Nice idea .. should be possible to do with react .. maybe i can work on this the week

Is there a reason for choosing react over angular.. or is it just a matter of preference for the programmer?
i already started working on a stats page and chose to take the advantage to react more about the gui .. which is written in react
I now have a basic working gauge meter for TPS .. written in plain javascript .. maybe easier for others to interpret .. let me do some more testing and tweaking as well as refactoring of code .. then I can publish the code (and maybe even a demo) on github ... this week ...

Excuse the noobish design:
(http://i.imgur.com/Ij7czOZ.png)

good job!! Having this on BitSharesBlocks would be awesome  +5%

One more question that maybe someone can answer here: will we have a better peg on bitAssets?
Depends on the definition .. with CFDs, the bitUSD should almost NEVER trade below 1$ .. but an small premium is to be expected .. you can find more about this on the webpage's blog or the upcoming whitepaper (hopefully soon)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: brainbug on August 28, 2015, 08:37:07 am
Can I transfer one BitShares account from me to another person?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on August 28, 2015, 02:18:33 pm
Can I transfer one BitShares account from me to another person?

not in BTS1 ... but in BTS2 it will be .. it's a core feature:
https://bitshares.org/technology/transferable-named-accounts/
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on August 29, 2015, 07:04:20 am
Questions below this point will be asked in next week's hangout (4 SEP 2015)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on August 31, 2015, 09:50:46 am
I can't get the mumble client to run so I will have to rely on this thread to get my question in there...

Regarding what has been brought up initially by bitcoinfan here https://bitsharestalk.org/index.php/topic,16318.msg227162.html#msg227162

Question: Do you see a way to combine the bitshare's scalable and efficient curated apps model with rewarding developers for how much the apps they develop are used (ethereum model)?

Context:
BitShare's model is to develop the apps in house and reward those that market them and find specific markets to market them to.
Ethereum's model is to let external devs develop the apps who can charge per volume or for access to the app (that at least is how I understand it atm:  https://www.reddit.com/r/ethereum/comments/3il72a/revenues_for_dapp_developers/).  Marketing is  done also by the respective dev (or a referral program if he codes that into his app  additionally.
The questions I put in here rarely get asked on mumble. Makes me feel a bit disappointed   :(
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Stan on August 31, 2015, 12:25:01 pm
I can't get the mumble client to run so I will have to rely on this thread to get my question in there...

Regarding what has been brought up initially by bitcoinfan here https://bitsharestalk.org/index.php/topic,16318.msg227162.html#msg227162

Question: Do you see a way to combine the bitshare's scalable and efficient curated apps model with rewarding developers for how much the apps they develop are used (ethereum model)?

Context:
BitShare's model is to develop the apps in house and reward those that market them and find specific markets to market them to.
Ethereum's model is to let external devs develop the apps who can charge per volume or for access to the app (that at least is how I understand it atm:  https://www.reddit.com/r/ethereum/comments/3il72a/revenues_for_dapp_developers/).  Marketing is  done also by the respective dev (or a referral program if he codes that into his app  additionally.
The questions I put in here rarely get asked on mumble. Makes me feel a bit disappointed   :(

In the interest of making you feel less disappointed, I'll offer my layman's observations in an attempt to draw fire from someone who actually knows. (This isn't exactly rocket science, and they don't generally let me code any more, actually ever, but I'll opine on it anyway.)

1.  We have numerous examples where certain transactions always result in some fee transferred to some permanent account (referral fees and user issued asset fees come to mind). 
2.  Anyone can write code to extend BitShares (with features that add new transaction types that have their own fee logic) and attempt to get it voted into the official suite.

Therefore, I infer that, yes it might conceivably be absolutely, without doubt, a potential slam dunk, strong long shot possibility.

The rest is left as an exercise for the student.  :)

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 02, 2015, 03:31:14 pm
I can't get the mumble client to run so I will have to rely on this thread to get my question in there...

Regarding what has been brought up initially by bitcoinfan here https://bitsharestalk.org/index.php/topic,16318.msg227162.html#msg227162

Question: Do you see a way to combine the bitshare's scalable and efficient curated apps model with rewarding developers for how much the apps they develop are used (ethereum model)?

Context:
BitShare's model is to develop the apps in house and reward those that market them and find specific markets to market them to.
Ethereum's model is to let external devs develop the apps who can charge per volume or for access to the app (that at least is how I understand it atm:  https://www.reddit.com/r/ethereum/comments/3il72a/revenues_for_dapp_developers/).  Marketing is  done also by the respective dev (or a referral program if he codes that into his app  additionally.
The questions I put in here rarely get asked on mumble. Makes me feel a bit disappointed   :(

In the interest of making you feel less disappointed, I'll offer my layman's observations in an attempt to draw fire from someone who actually knows. (This isn't exactly rocket science, and they don't generally let me code any more, actually ever, but I'll opine on it anyway.)

1.  We have numerous examples where certain transactions always result in some fee transferred to some permanent account (referral fees and user issued asset fees come to mind). 
2.  Anyone can write code to extend BitShares (with features that add new transaction types that have their own fee logic) and attempt to get it voted into the official suite.

Therefore, I infer that, yes it might conceivably be absolutely, without doubt, a potential slam dunk, strong long shot possibility.

The rest is left as an exercise for the student.  :)

I asked this question if I recall correctly.  I try my best to ask as many community questions as possible. Obviously the main topics brought up in mumble don't always allow it though.  Wish I could always ask.  Oh and btw delulo...we will be starting to have hangouts with other chains so there will be opportunity for different times :)

Also. Please keep asking your questions. I appreciate them...truly.  you are a thinker delulo...and thinkers are my favorite question askers  ;P
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on September 03, 2015, 05:24:54 am
I can't get the mumble client to run so I will have to rely on this thread to get my question in there...

Regarding what has been brought up initially by bitcoinfan here https://bitsharestalk.org/index.php/topic,16318.msg227162.html#msg227162

Question: Do you see a way to combine the bitshare's scalable and efficient curated apps model with rewarding developers for how much the apps they develop are used (ethereum model)?

Context:
BitShare's model is to develop the apps in house and reward those that market them and find specific markets to market them to.
Ethereum's model is to let external devs develop the apps who can charge per volume or for access to the app (that at least is how I understand it atm:  https://www.reddit.com/r/ethereum/comments/3il72a/revenues_for_dapp_developers/).  Marketing is  done also by the respective dev (or a referral program if he codes that into his app  additionally.
The questions I put in here rarely get asked on mumble. Makes me feel a bit disappointed   :(

This may answer your question, your mileage may vary ...
https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-dev-hangout-8-21-2015-s3#t=22:00 (https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-dev-hangout-8-21-2015-s3#t=22:00)

Transcript, look at 22:00 ...
https://beyondbitcoin.org/bitshares-dev-hangout-bytemaster-testnets-and-guis-august-21-2015
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 04, 2015, 06:25:03 am
No questions for tomorrow?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: infovortice2013 on September 04, 2015, 07:36:02 am
if no questions,,, simply go and drink, smoke, fuck or whatever, just enjoy.

The winter is comming.

salut.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on September 04, 2015, 07:36:48 am
The winter is comming.

hodor
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on September 04, 2015, 07:38:48 am
Excuse the noobish design:

duuuude, yer a Gawd! I wish I could code 1/8th as good as you.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: hodor on September 04, 2015, 03:18:31 pm
The winter is comming.

hodor

(https://tctechcrunch2011.files.wordpress.com/2014/06/hodor-1024.png?w=738)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: konelectric on September 04, 2015, 04:54:11 pm
Tried to get on the hangout today with my iphone mumble app , but only got a error message. Try going on with my PC and it didn't work too.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on September 04, 2015, 05:34:25 pm
Tried to get on the hangout today with my iphone mumble app , but only got a error message. Try going on with my PC and it didn't work too.

The mumble is absolutely packed today, over 90 people I think
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: konelectric on September 04, 2015, 10:01:43 pm
Tried to get on the hangout today with my iphone mumble app , but only got a error message. Try going on with my PC and it didn't work too.

The mumble is absolutely packed today, over 90 people I think
       Can't wait for it to come out on SoundCloud.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 10, 2015, 05:31:22 am
Tried to get on the hangout today with my iphone mumble app , but only got a error message. Try going on with my PC and it didn't work too.

The mumble is absolutely packed today, over 90 people I think

There was over 90.  But don't worry, it will get much bigger as we work on something special for the open source DPoS community :)

We will also have GChicken and Xeroc to thank (and potentially more) for pledging the time to help with the project. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 10, 2015, 08:22:10 pm
Don't forget to ask any questions you want to see answered for tomorrow!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fav on September 11, 2015, 11:57:34 am
Q: can we test the referral system prior to the launch? Can you please post some info on linkbuilding (eg graphene.bitshares.org/?r=fav ?) - Marketers need some time to prepare and need to know how to build links for the launch.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on September 11, 2015, 12:59:53 pm
Q: can we test the referral system prior to the launch? Can you please post some info on linkbuilding (eg graphene.bitshares.org/?r=fav ?) - Marketers need some time to prepare and need to know how to build links for the launch.

 +5% +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on September 11, 2015, 05:38:55 pm
Q: can we test the referral system prior to the launch? Can you please post some info on linkbuilding (eg graphene.bitshares.org/?r=fav ?) - Marketers need some time to prepare and need to know how to build links for the launch.

 +5% +5%
+5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on September 12, 2015, 04:06:08 pm
[member=5]bytemaster[/member]

Quote from: https://beyondbitcoin.org/bitshares-dev-hangout-bytemaster-pitchfork-countdown-release-date/
[00:36:57] bytemaster: Are you asking about gateways that don't do KYC? I don't think that you're going to find any legitimate fiat gateways that don't do KYC that are not at risk of being shut down. But, I do think that you'll probably see lots of people performing bridge functions. And bridge functions are an entirely different animal.

[00:37:25] bytemaster: They allow one person to trade one asset for another asset with no ongoing liability. No deposit. It's just like buying or selling a baseball card. If you have that type of thing going on then there's probably a lot of potential there. I can see people wanting to do that with local BitShares type things where you meet people locally.

[00:37:51] bytemaster: Once we have escrow transactions in a future hard fork. Probably the same one that supports the payment channels we discussed earlier. Then you'll probably have lots of direct person to person trades of fiat for bitUSD. You have to go person to person. If you go through any type of centralized exchange doing large volumes, it's more convenient but it's going to be KYC enforced.

- versus -

Quote from: https://beyondbitcoin.org/bitshares-dev-hangout-bytemaster-transaction-propagation-voting-peer-to-peer-protocols/

[00:31:18] bytemaster: I’ve said it before, I don’t think atomic cross-chain trading … I think it’s a niche. It’s something you do because you can, not because it makes any type of economic sense. The only time I can see atomic cross-chain trading going on is in a world where governments shut down all intermediary exchanges like Shapeshift. Those intermediaries are so much more efficient than doing direct peer-to-peer trades between chains. Most users aren’t going to go through the ACCT path. I think it’s an interesting concept but it’s doing something just because you can.


What is the difference between a "bridge function" and "atomic cross-chain transactions"?

I don't see a difference. Two people want to cut out a third party to make a trade. The only difference then is how it's done.

What makes a "bridge function" better than ACCT and what makes it more desirable for "lots" of people to do p2p trades versus only few (niche) wanting to do p2p on ACCT?

How does a "bridge function" create "lots" of users who want to p2p trade when you say doing p2p trades is only a niche ... when applied to ACCT?

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 17, 2015, 03:43:34 pm
Good Questions! :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 17, 2015, 03:56:33 pm
Moving Questions from last week's announcement here.  I missed them because they were asked in the wrong thread :P

So Dan, where and when are you hosting the 2.0 launch party? ;)

How decentralized do you foresee BTS2 network to be at launch and how quickly do you expect it to move toward decentralized witness nodes? Do you have any goals? Why so?



How decentralized do you foresee BTS2 network to be at launch and how quickly do you expect it to move toward decentralized witness nodes? Do you have any goals? Why so?

Are we going to be using the nodejs means of syncing, or are we going back to the standard p2p means?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: DMo09 on September 17, 2015, 04:14:13 pm
Do any more of the (8) aforementioned exchanges plan to make announcements before the Oct. 13 launch date? 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on September 18, 2015, 04:33:09 pm
Chat Questions from 9/18 Hangout that may not have been answered...

Quote
[9:43:00 AM] (Channel) Fox: How can the code enforce a single witness per node?


Quote
[9:45:29 AM] (Channel) yellowecho: Does Cryptonomex have any plans to run a witness node at the moment?


Quote
[9:46:15 AM] (Channel) lil_jay890: 12 or 24 witnesses? sounds very centralized


My question ...

[member=5]bytemaster[/member]

Quote from: https://beyondbitcoin.org/bitshares-dev-hangout-bytemaster-pitchfork-countdown-release-date/
[00:36:57] bytemaster: Are you asking about gateways that don't do KYC? I don't think that you're going to find any legitimate fiat gateways that don't do KYC that are not at risk of being shut down. But, I do think that you'll probably see lots of people performing bridge functions. And bridge functions are an entirely different animal.

[00:37:25] bytemaster: They allow one person to trade one asset for another asset with no ongoing liability. No deposit. It's just like buying or selling a baseball card. If you have that type of thing going on then there's probably a lot of potential there. I can see people wanting to do that with local BitShares type things where you meet people locally.

[00:37:51] bytemaster: Once we have escrow transactions in a future hard fork. Probably the same one that supports the payment channels we discussed earlier. Then you'll probably have lots of direct person to person trades of fiat for bitUSD. You have to go person to person. If you go through any type of centralized exchange doing large volumes, it's more convenient but it's going to be KYC enforced.

- versus -

Quote from: https://beyondbitcoin.org/bitshares-dev-hangout-bytemaster-transaction-propagation-voting-peer-to-peer-protocols/

[00:31:18] bytemaster: I’ve said it before, I don’t think atomic cross-chain trading … I think it’s a niche. It’s something you do because you can, not because it makes any type of economic sense. The only time I can see atomic cross-chain trading going on is in a world where governments shut down all intermediary exchanges like Shapeshift. Those intermediaries are so much more efficient than doing direct peer-to-peer trades between chains. Most users aren’t going to go through the ACCT path. I think it’s an interesting concept but it’s doing something just because you can.


What is the difference between a "bridge function" and "atomic cross-chain transactions"?

I don't see a difference. Two people want to cut out a third party to make a trade. The only difference then is how it's done.

What makes a "bridge function" better than ACCT and what makes it more desirable for "lots" of people to do p2p trades versus only few (niche) wanting to do p2p on ACCT?

How does a "bridge function" create "lots" of users who want to p2p trade when you say doing p2p trades is only a niche ... when applied to ACCT?

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on September 19, 2015, 12:50:30 am
Does anyone have the hangout for 18/9? This Friday?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: liondani on September 19, 2015, 03:41:52 am
Does anyone have the hangout for 18/9? This Friday?

I am also interested!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BunkerChainLabs-DataSecurityNode on September 19, 2015, 04:08:42 am
Does anyone have the hangout for 18/9? This Friday?

I am also interested!

This is a raw version that was shared by testz https://soundcloud.com/testzcrypto/e107-2015-09-18-developer-hangout-with-bytemaster-raw
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 24, 2015, 04:23:17 pm
Excuse the noobish design:

duuuude, yer a Gawd! I wish I could code 1/8th as good as you.

I love it too...
That made me laugh when I read it. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on September 24, 2015, 04:24:17 pm
(http://i.imgur.com/jAIkTIr.png)
Don't forget to ask any questions or post any concerns for tomorrow's hangout!
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on September 24, 2015, 10:15:53 pm
Acc. to toast virtualized smart contracts can be almost as "fast" as natively implemented ones. https://bitsharestalk.org/index.php/topic,18415.msg236127.html#msg236127
If scalability is not an advantage to the native approach (is it not?) what is it then?

And what dimensions (tx throuput, settlement speed, cost) are effected by the virtualized vs native way of providing smart contracts?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on September 25, 2015, 07:00:54 am
Our block producing Witnesses define our security. 17 can start as the minimum, but the actual number should be dynamic and at least based on:
 
#1 A 99% uptime, low latency & ping times
#2 Rapid updates (and logged on a separate chain)
#3 Unique, geographically diverse IP address, port number, Environment Variables AND Webhost (for example: "WhoisHostingThis")
 
Is our code verifying that Witnesses are geographically unique, every possible attack vector is closed, and as much Sybil resistance is coded in as possible now?
 
As our market cap grows, it then becomes 31 Witnesses, then 23, then 88, and on up. Network security decisions should be instantaneous as Code cannot be socially engineered.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on September 25, 2015, 07:33:47 am
As our market cap grows, it then becomes 31 Witnesses, then 23, then 88, and on up. Network security decisions should be instantaneous as Code cannot be socially engineered.
The number of witnesses are defined by SHAREHOLDERS .. and executed by the code ..
shareholders can indeed be "socially engineered" (read: manipulated)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on September 25, 2015, 07:56:47 am
shareholders can indeed be "socially engineered" (read: manipulated)

very true +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on September 25, 2015, 11:03:25 am
I have this question regarding the 2.0 GUI:
What is the idea behind being able to link other people's accounts and then have the option of trying to do some actions (e.g. trading, voting or updating collateral positions) on their behalf?
The underlying system is clearly protected against such actions (i.e. you get the "failed to broadcast transaction" error message) but why does the GUI even allow attempting such actions?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: sittingduck on September 26, 2015, 11:42:23 pm
Eventually GUI will allow you to propose such actions.


Sent from my iPhone using Tapatalk
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: carpet ride on September 27, 2015, 04:03:41 pm
(http://i.imgur.com/jAIkTIr.png)
Don't forget to ask any questions or post any concerns for tomorrow's hangout!
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

+5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: clayop on October 02, 2015, 06:50:19 am
Is gemstone still related to BitShares?

http://gemspace.net
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on October 04, 2015, 06:53:31 am
Is gemstone still related to BitShares?

http://gemspace.net

They moved to NXT because their technical advisor recommended it.  I suspect that he held a good few NXT though personally. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on October 04, 2015, 09:33:07 am
1. What's the official name of the new light wallet that cass and crew is working on? (ie: a brand like Mycelium)
Graphene Wallet?
BitShares Web Wallet?
Cryptonomex Wallet?
OpenLedger Wallet?
 
2. Will the existing web wallet at wallet.bitshares.org be replaced with one of the above, or will it be yet another wallet choice?
 
3. To pay at a store (via BitShares POS), wallet QR codes are required. Will the new light wallets above support sending and receiving Smartcoins via QR codes?
 
4. Will Moonstone and/or Limewallet support QR codes?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: nickelback70 on October 05, 2015, 10:30:51 pm

Can someone please confirm whether or not the Bitshare exchanges have agreed to upgrade to 2.0 on October 13?   I have shares on Poloniex and do not want to lose them.

Is someone coordinating  the upgrade with the exchanges???
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on October 06, 2015, 06:27:32 am

Can someone please confirm whether or not the Bitshare exchanges have agreed to upgrade to 2.0 on October 13?   I have shares on Poloniex and do not want to lose them.

Is someone coordinating  the upgrade with the exchanges???


I will gladly keep up with this topic in our hangouts ;)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on October 06, 2015, 09:44:33 am
How resistant is 2.0 to a malleability attack (https://en.bitcoin.it/wiki/Transaction_Malleability)?

It's currently taking place in the Bitcoin world as described here:
http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on October 06, 2015, 10:34:53 am
How resistant is 2.0 to a malleability attack (https://en.bitcoin.it/wiki/Transaction_Malleability)?

It's currently taking place in the Bitcoin world as described here:
http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)
as long as you don't trust the transaction id you are safe .. that **at least** holds true for bitshares ..
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on October 06, 2015, 11:03:59 am
How resistant is 2.0 to a malleability attack (https://en.bitcoin.it/wiki/Transaction_Malleability)?

It's currently taking place in the Bitcoin world as described here:
http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)
as long as you don't trust the transaction id you are safe .. that **at least** holds true for bitshares ..

I know it does not affect security but in case of Bitcoin it substantially affects UX. So the question is: are we vulnerable to this as well?
Combined with a short position on Poloniex it could be tempting to execute such an attack.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fav on October 06, 2015, 11:13:24 am
questions regarding light wallet

1. will there be more independent nodes? can we add nodes manually?

2. did you consider a mulit platform release like supernet did?

edit: can there be a proxy-ception? eg favdesu+myotheraccount > fav > bytemaster ?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: karnal on October 06, 2015, 11:17:51 am
(http://i.imgur.com/jAIkTIr.png)
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------




(http://40.media.tumblr.com/tumblr_mckv5xMOD11rhft3wo1_1280.png)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on October 09, 2015, 02:49:25 pm
How resistant is 2.0 to a malleability attack (https://en.bitcoin.it/wiki/Transaction_Malleability)?

It's currently taking place in the Bitcoin world as described here:
http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack (http://cointelegraph.com/news/115374/the-ongoing-bitcoin-malleability-attack)

Three words:
"Last Reversible Transaction"
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: santaclause102 on October 12, 2015, 08:09:45 pm
Simple question:
Long term, do you think percentage based transaction fees make sense? They could allow micro transactions as well as bring more reveneu to the DAC from individuals who can afford it.
Trade of I recognize: The most wealthy individuals are also valueable because they could store their money in bitusd which drives the price of bts.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Gim on October 13, 2015, 09:00:49 am
french who want clear information ? go there :
http://www.bitsharesfcx.com/
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: EstefanTT on October 13, 2015, 06:46:08 pm
french who want clear information ? go there :
http://www.bitsharesfcx.com/

Thanks for helping french people to get to us !

If you are a french speaker, don't hesitate to set you a member account on our forum and help us to grow our community ;)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Brent.Allsop on October 15, 2015, 08:49:07 pm
I looked around, trying to find when these hangouts are taking place, and how to participate these days, but couldn't find it, could someone let me know?

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on October 15, 2015, 10:17:11 pm
I looked around, trying to find when these hangouts are taking place, and how to participate these days, but couldn't find it, could someone let me know?
https://bitsharestalk.org/index.php/topic,4150.0.html
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on October 19, 2015, 03:03:09 am
Question for bytemaster regarding front-running ...
https://bitsharestalk.org/index.php/topic,19193.msg246562.html#msg246562 (https://bitsharestalk.org/index.php/topic,19193.msg246562.html#msg246562)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Chris4210 on October 20, 2015, 06:25:33 pm
Questions:

Is the Cryptonomex team working on a solution for big wallets? Active users have more than +100.000 keys and tremendous problems to claim their keys. Is Cnx working on an updated client to import keys faster, easier?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on October 21, 2015, 10:00:04 am
As I understand, in the long run the Follow My Vote functionality is going to be integrated into the BTS blockchain.

If that's the case I have these questions:
(1) what is the estimated time frame for this integration to happen?
(2) will this integration open up a possibility for UIA holders to vote on specific issues concerning their UIA? (e.g. shareholders of a UIA company voting on some specific issue concerning their company)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Thom on October 22, 2015, 10:17:49 pm
Number of witnesses and witness pay: https://bitsharestalk.org/index.php/topic,19204.msg249039.html#msg249039 (https://bitsharestalk.org/index.php/topic,19204.msg249039.html#msg249039)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mike623317 on October 22, 2015, 11:35:20 pm

Please can BM comment on the mkt cap and what he thinks the biggest factors are and how we plan to address them.

Thanks
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Nattylitecoin on October 23, 2015, 03:39:35 am
With all the contraversy with Ether, When will BTS 2.0, the original vision, be completed? Is the team funded and motivated to make it so? If not, is % complete projections and what didn't make the cut?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on October 23, 2015, 06:06:01 am

Please can BM comment on the mkt cap and what he thinks the biggest factors are and how we plan to address them.

Thanks

Sorry mike...this is a discussion I try to stay away from because bytemaster isn't really in a position to tell anyone something more than a (educated) guess.  To be honest, though...I don't even look at marketcap anymore because I see so much amazingness in our community that I know as long as THAT keeps growing, eventually BitShares will too. 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on October 23, 2015, 07:36:57 am
Number of witnesses and witness pay:
https://bitsharestalk.org/index.php/topic,19204.msg249039.html#msg249039

 +5% I second that motion, fuzzy.
 
..and enforcement of decentralization:
https://bitsharestalk.org/index.php/topic,18951.msg249252.html#msg249252
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: mindphlux on October 23, 2015, 01:18:57 pm
Regarding this commit: https://github.com/bitshares/bitshares-2-ui/commit/9c396f1dbda06d032c4b8f25b08ab05ea51a2905

The BTS UI license was changed retroactively without telling anyone to add a clause that prevents anyone from running hosted webwallets, in my interpretion, without a seperate CNX license.

Questions:

1. Why wasn't this discussed and announced on the forums before hand, and have all the individual non-CNX contributors agreed to a license change for their previous commits?
I have published a few pull requests that have gotten merged, and I haven't known about this before today.

2. What are the real consequences of this license change? Can I still run a web wallet with my self written faucet since there's no public faucet available?

3. Why are important changes like this are not discussed/announced before they go into effect? Just like that 4 minute notice-time before the 100% fee increase.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on October 26, 2015, 11:43:04 pm
Hey everyone. Good job for opening up the questions!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on October 27, 2015, 12:17:26 am
Regarding this commit: https://github.com/bitshares/bitshares-2-ui/commit/9c396f1dbda06d032c4b8f25b08ab05ea51a2905

The BTS UI license was changed retroactively without telling anyone to add a clause that prevents anyone from running hosted webwallets, in my interpretion, without a seperate CNX license.

Questions:

1. Why wasn't this discussed and announced on the forums before hand, and have all the individual non-CNX contributors agreed to a license change for their previous commits?
I have published a few pull requests that have gotten merged, and I haven't known about this before today.

2. What are the real consequences of this license change? Can I still run a web wallet with my self written faucet since there's no public faucet available?

3. Why are important changes like this are not discussed/announced before they go into effect? Just like that 4 minute notice-time before the 100% fee increase.

I thought this was covered in the 2nd topic of last weeks hangout, is that not the case?

Quote from: bytemaster

So some people have expressed concern that that’s us changing rules or changing what we said and I think we can go back and review past Mumble sessions and verify that we haven’t actually changed our stance on this. Our stance has always been that the wallet would be available for anyone that wants to run it on their own, wants to use it for their use. But if you want to be someone like OpenLedger, then you’ve got to get a separate license from us and that was going to be how Cryptonomex monetized all the money we’ve invested into building this wallet. So if we allow it to be completely open source, then there’s no reason for multi-user websites like OpenLedger or Banx or what DataSecurityNode is working on, there’s no reason for them to get a license from us at all and Cryptonomex has no business model.

So that’s what we were trying to do. But we also recognize that to the extent that there’s a barrier to entry it prevents developers from taking the work we’ve done and building on it and deploying it on their own website or doing whatever it is they want to do with it. I think a lot of this can be solved by working with the Community. Anyone who creates improvements on the wallet, we are more than happy to incorporate into the wallet, more than happy to include in the light wallet that anyone can use and download free of charge.

And if you want to deploy your own website and attract users to it to try to monetize it, then we’re more than happy to work with you. We don’t charge anything up front for using it, all we really ask for is a cut of any referral income that is generated from the site you build and deploy. So that’s the model that we’ve had, that’s the model that we’ve been discussing since we originally announced Graphene months ago. If there are concerns about it, I guess now’s the time to express it and also to make recommendations on how to resolve the issues to make sure that all parties involved have financial incentive to contribute.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on October 30, 2015, 01:23:57 pm
I looked around, trying to find when these hangouts are taking place, and how to participate these days, but couldn't find it, could someone let me know?

Every Friday @10am EST @Brent.Allsop
It is nice seeing you again btw!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on October 30, 2015, 01:41:27 pm
When will we be able to create, modify, delete and even re-assign UIA's to someone in the gui?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on October 30, 2015, 01:56:01 pm
When will we be able to create, modify, delete and even re-assign UIA's to someone in the gui?

 +5% +5%

here's a summary of the reply ...
Quote from: bytemaster
The GUI has a long list of things that need to be done including support for Worker Proposals and proposed transactions for multi-sig and 2FA so those are next 2 features to be added before any GUI updates for UIA's.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Chris4210 on October 30, 2015, 02:26:02 pm
When will we be able to create, modify, delete and even re-assign UIA's to someone in the gui?

Thats an important questions.  +5% +5%
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: yellowecho on October 30, 2015, 11:17:45 pm
I didn't hear any roll-calls for usernames this time for Brownie distribution. Are attendance Brownies still a thing?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on November 03, 2015, 02:29:05 pm
I didn't hear any roll-calls for usernames this time for Brownie distribution. Are attendance Brownies still a thing?

Yes. There was one but we have a list i plan to send brownies to once the tipbot is up and running.  It is a far more elegant solution than doing it by hand and altering spreadsheets.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Samupaha on November 04, 2015, 08:44:24 am
When we will have a test network?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Globally Distributed on November 13, 2015, 01:06:59 am
Can Identabit or Bitshares' Graphene license ever be revoked?

For instance, CNX goes public and a new CEO decides to revoke the license.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on November 13, 2015, 08:15:12 am
Can Identabit or Bitshares' Graphene license ever be revoked?

For instance, CNX goes public and a new CEO decides to revoke the license.
They have the rights to do anything with their code.
But they cannot change the licensing of older versions of the code .. only newer releases

But I highly doubt that future releases will be more restrictive .. All they want is -- be able to pay their developers
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: BTS007 on November 17, 2015, 02:39:00 am
What about the idea of to establish a BTS big shareholders’ club ?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Samupaha on November 19, 2015, 11:34:29 am
When we will have a test network?

This wasn't asked last time, so I ask again.

When we will have a test network? I think it is quite important right now so that developers and users can try Bitshares for free. This would lower the pressure to lower the fees, because people wouldn't have to waste their BTS on testing.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: xeroc on November 19, 2015, 12:27:19 pm
you can easily setup your own testnet ..
http://docs.bitshares.eu/testnet/Public.html
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on November 19, 2015, 01:14:47 pm
I didnt listen to the last hangout yet, so please correct me if these questions have been asked already.

Bond Markets seem like an important piece to bring in utility ans liquidity to BitShares. However Dan has mentioned in the past this might not be as simple to implement as we think. Could you give us a more detailed explanation on the obstacles we have to face to create bond markets? Do you have any idea on how to solve any of those problems? Are you planning on developing that feature any time soon? Youd probably have a big support from the community because of all the positive things it brings.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on November 19, 2015, 03:03:58 pm
I think bytemaster needs to explain "how" he intended to motivate exchanges to share order books. Through shared IOUs or by asking multiple exchanges to focus on a particular BitAsset?
From what I see, that dream is not going to become a reality if we keep taking the current route. We'll just end up having a bunch of illiquid IOUs.

[member=602]fuzzy[/member] , this^ looks like a perfect question for BM.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Samupaha on November 20, 2015, 09:07:13 am
you can easily setup your own testnet ..
http://docs.bitshares.eu/testnet/Public.html

I meant the demo network that Bytemaster talked about a while ago. For a total newbie who just wants to see how the wallet works setting up an own test network is not an easy solution.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Bhuz on November 20, 2015, 09:55:07 am
I think bytemaster needs to explain "how" he intended to motivate exchanges to share order books. Through shared IOUs or by asking multiple exchanges to focus on a particular BitAsset?
From what I see, that dream is not going to become a reality if we keep taking the current route. We'll just end up having a bunch of illiquid IOUs.

[member=602]fuzzy[/member] , this^ looks like a perfect question for BM.

Absolutely, please [member=602]fuzzy[/member] find the time for this question too. On the last hangout too much questions were not asked.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: twitter on November 20, 2015, 05:08:16 pm
Tip to mumble attenders.....

#btstip "betax" 88 OPENSESAME (MUMBLE="betax")
#btstip "Thom" 88 OPENSESAME (MUMBLE="Thom")
#btstip "testz" 88 OPENSESAME (MUMBLE="testz")
#btstip "hadrian" 88 OPENSESAME (MUMBLE="hadrian")
#btstip "gchicken" 88 OPENSESAME (MUMBLE="gchicken")
#btstip "rgcrypto" 88 OPENSESAME (MUMBLE="CryptoOctopus")
#btstip "cube" 88 OPENSESAME (MUMBLE="cube")
#btstip "Frodo" 88 OPENSESAME (MUMBLE="Frodo")
#btstip "Luckybit" 88 OPENSESAME (MUMBLE="Luckybit2")
#btstip "abit" 88 OPENSESAME (MUMBLE="abit")
#btstip "tbone" 88 OPENSESAME (MUMBLE="tbone")
#btstip "liondani" 88 OPENSESAME (MUMBLE="delegate.liondani")
#btstip "thisisausername" 88 OPENSESAME (MUMBLE="tiau")

#btstip "clayop" 88 OPENSESAME (MUMBLE="clayop_jaewoo")
#btstip "fav" 88 OPENSESAME (MUMBLE="favdesu")
#btstip "Unosuke" 88 OPENSESAME (MUMBLE="unosuke")
#btstip "Fox" 88 OPENSESAME (MUMBLE="Fox")
#btstip "werneo" 88 OPENSESAME (MUMBLE="werneo")
#btstip "CryptoPrometheus" 88 OPENSESAME (MUMBLE="Crypto-Prometheus")
#btstip "yellowecho" 88 OPENSESAME (MUMBLE="yellowecho")
#btstip "lovejoy" 88 OPENSESAME (MUMBLE="bitscape")
#btstip "dichalcog3n9d3" 88 OPENSESAME (MUMBLE="dichalcog3nid3")
#btstip "pheonike" 88 OPENSESAME (MUMBLE="pheonike")
#btstip "DestBest" 88 OPENSESAME (MUMBLE="DestBest")
#btstip "spartako" 88 OPENSESAME (MUMBLE="spartako")
#btstip "onceuponatime" 88 OPENSESAME (MUMBLE="onceuponatime")
#btstip "Tuck Fheman" 88 OPENSESAME (MUMBLE="tuckfheman")
#btstip "methodx" 88 OPENSESAME (MUMBLE="methodx")
#btstip "lafona" 88 OPENSESAME (MUMBLE="lafona2")
#btstip "jakub" 88 OPENSESAME (MUMBLE="jakub")
#btstip "gchicken" 88 OPENSESAME (MUMBLE="gchicken")
#btstip "rgrcrypto" 88 OPENSESAME (MUMBLE="CryptoOctopus")
#btstip "ingenesist" 88 OPENSESAME (MUMBLE="ingenesist")
#btstip "hadrian" 88 OPENSESAME (MUMBLE="hadrian")
#btstip "ingenesist" 88 OPENSESAME (MUMBLE="ingenesist")
#btstip "JWF" 88 OPENSESAME (MUMBLE="Jwf-mobile")
#btstip "Topcandle" 88 OPENSESAME (MUMBLE="Sxis")
#btstip "bitbuckster" 88 OPENSESAME (MUMBLE="brindleswan")
#btstip "jcalfee1" 88 OPENSESAME (MUMBLE="jcalfee2")
#btstip "testz" 88 OPENSESAME (MUMBLE="testz")
#btstip "iHashFury" 88 OPENSESAME (MUMBLE="ihashfury")
#btstip "Beyond Bitcoin" 88 OPENSESAME (MUMBLE="James212")
#btstip "luca21" 88 OPENSESAME (MUMBLE="luca21")
#btstip "luckybit" 88 OPENSESAME (MUMBLE="luckybit2")
#btstip "Frodo" 88 OPENSESAME (MUMBLE="Frodo")
#btstip "EstefanTT" 88 OPENSESAME (MUMBLE="EstefanTT")
#btstip "JoeyD" 88 OPENSESAME (MUMBLE="JoeyD")
#btstip "ebit" 88 OPENSESAME (MUMBLE="ebit")
#btstip "fuzzy" 88 OPENSESAME (MUMBLE="fuzzy")
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: btstip on November 20, 2015, 05:10:48 pm
Hey twitter, here are the results of your tips...
Curious about BtsTip? Visit us at http://btstip.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,16318.msg259050/topicseen.html#msg259050
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: rgcrypto on November 26, 2015, 11:22:00 pm
Question to bytemaster:

What is your opinion of the privately funded blockchain feature idea and how would he see it being implemented so that the UIA are not considered securities?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: konelectric on November 27, 2015, 05:37:51 pm
At the end of the hangout today we were talking about the sharebits (http://www.sharebits.io/), and that's the  "Security Code". I used my "Bitsharestalk Username " as the Security Code and it seem to work. Don't know how to explain this right but,  I notice when I put my name in the  "Bitsharestalk Username" it slid up over the "Security Code". If you try it you'll see what I mean.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Tuck Fheman on November 27, 2015, 07:28:39 pm
At the end of the hangout today we were talking about the sharebits (http://www.sharebits.io/), and that's the  "Security Code". I used my "Bitsharestalk Username " as the Security Code and it seem to work. Don't know how to explain this right but,  I notice when I put my name in the  "Bitsharestalk Username" it slid up over the "Security Code". If you try it you'll see what I mean.

Put your Forum name in top field.
Put Security Code (Withdrawal code) in bottom field.

Ignore text prompts on right until fixed. ;)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Thom on December 03, 2015, 06:43:35 pm
What is the status of fixing the bug that prohibits witnesses being able to withdraw pay?

Will that require a hard fork? What is the ETA of the fix?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fav on December 03, 2015, 07:54:32 pm
What is the status of fixing the bug that prohibits witnesses being able to withdraw pay?

Will that require a hard fork? What is the ETA of the fix?

related to the referral bug. no one can withdraw until this is fixed with a hardfork (bm mentioned this in the last hangout)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Samupaha on December 06, 2015, 05:44:46 am
Fuzzy, could you keep the discussions to be only about Bitshares (or at least mostly)? If you want to discuss about curiosume, you could have a special hangout for it. I'm not interested in it so I would like to have dev hangouts only for Bitshares related stuff.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on December 06, 2015, 06:18:38 pm
Fuzzy, could you keep the discussions to be only about Bitshares (or at least mostly)? If you want to discuss about curiosume, you could have a special hangout for it. I'm not interested in it so I would like to have dev hangouts only for Bitshares related stuff.

As people join and speak, they are more than welcome to do so.  If that person is running a project that has strong intentions of working along with bitshares, then I am glad they are there and using the service to get recognized by the community.  BM has openly stated he plans to slowly step back from being the sole leader in the bitshares ecosystem and has structured the governance structures in such a way that we should be bringing as many people onboard as possible to start trying to lift some of the weight Dan has.  So in short, if someone is planning on developing something that is "powered by bitshares", then essentially we still are talking about bitshares.  For instance, Dan Robles wants to build curiosome as a bitshares-powered platform...which will essentially take much of the bias out of contracts for worker proposals for bitshares in the future.  He is heading up the National Society of Professional Engineers' (NSPE) blockchain division and is wondering right now if he wants to go with ethereum or bitshares.  Should I risk telling him he should not speak up considering that A) he might have something valuable to say that we have not recognized, B) he might be trying to secretly give us insight into what would make him choose us over ethereum, C) that he should start his own hangouts if he wants to talk about his project before he is even comfortable speaking out with a few sentences to the community?  I hope that answers your question.  This is all bitshares---but only if we let it.  If we push anything away that isn't "bitshares" as we perceive it, then I fear we will never have other devs and brilliant minds coming here to compete with other brilliant minds to make bitshares extremely valuable...

we have to think...bigger :P

As for other hangouts, we do have them, and plan on having more (just like taulant's). 
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on December 11, 2015, 02:53:53 pm
Fuzzy, could you keep the discussions to be only about Bitshares (or at least mostly)? If you want to discuss about curiosume, you could have a special hangout for it. I'm not interested in it so I would like to have dev hangouts only for Bitshares related stuff.

I like hearing about other projects, but only if they are closely connected with Bit Shares.

Good, because the more project heads we help with beyond bitcoin to get the message out, the more developers will stay here as opposed to going to places they see as more open and accepting  :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on December 18, 2015, 08:36:30 am
[member=602]fuzzy[/member] , would you consider asking questions listed in OP of this thread?
https://bitsharestalk.org/index.php/topic,20634.0.html

In case all 4 of them are too much, I'm especially interested in question (3), which boils down to this:
For SmartCoins and UIAs whose value against BTS is known at any point in time, could we introduce a BTS value threshold below which the transfer fee is very low?

Example for bitUSD, assuming the BTS value threshold is 1000 BTS:
- if I transfer an amount of bitUSD whose value in terms of BTS is lower than 1000 BTS, I pay only 5 BTS for the transfer fee
- if I transfer an amount of bitUSD whose value in terms of BTS is equal or higher than 1000 BTS, I pay 30 BTS for the transfer fee (as we have it now)

This way we could:
- create a friendly environment for business based on receiving small tips
- still maintain a solid financial basis for the referral program
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on January 15, 2016, 02:45:47 pm
I think that eventually a lot of people in the community would like to know:

1) How much would it cost to implement a simple GUI for PM, making it easier and straightforward to use, hiding all the backend mechanics such as the need to borrow/sell etc.

2) Bond Market. Could we pay a couple of days of your time to make a general analysis about:
- Is it really feasible?
- How hard it would be and what are the biggest problems to work out?
- Some ideas to solve those problems.
- How many man hours would it need, and how much would it cost?

3) Bond Market with Margin Trading (lending + shorting the lended)
AFAIK one of the biggest problem basically is that since all the transactions/lending would be publicly viewable on the blockchain, an attacker could see exactly how much money he need to cause a margin call?
-About this, could the STEALTH feature be used to hide this sensitive data and solve that problem?

Edit: made some edits here and there xD

https://bitsharestalk.org/index.php/topic,21014.0.html
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on January 15, 2016, 02:46:27 pm
This will probably be answered when Dan gives the usual update but in case he doesn't mention it..

- The first milestone of the STEALTH implementation was scheduled to be finish around January 15th (today). We know there are always delays, could you tell us if you're close to achieve it?

- Could you sometime around this next week provide us with a budget on how much would Bond Markets cost us if you were to implement it? Even if a rough estimate. I think that would be interesting to know since it's something people have showed interest in. It would be cool to debate to see if the shareholders who use the forum think it's worth it vs the cost you present us with.
Edit: Noticed this was basically the same as Bhuz's last question.

Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: jakub on January 22, 2016, 09:23:05 am
Could BM comment of our recent community effort (led by [member=18687]abit[/member] ) aimed at implementing percentage-based fees (https://bitsharestalk.org/index.php/topic,21080.0.html)?
Is CNX willing to support it by reviewing the code and advising how to improve it in terms of code quality & efficiency?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: kenCode on January 22, 2016, 01:55:51 pm
Could BM comment of our recent community effort (led by [member=18687]abit[/member] ) aimed at implementing percentage-based fees (https://bitsharestalk.org/index.php/topic,21080.0.html)?
Is CNX willing to support it by reviewing the code and advising how to improve it in terms of code quality & efficiency?

 +5% - I second this motion [member=602]fuzzy[/member]
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on January 28, 2016, 08:11:46 pm
For the Questions Asked for the following thread:  https://bitsharestalk.org/index.php/topic,21107.0.html

#sharebits "topcandle" 20 COPPERTICKET
#sharebits "BunkerChain Labs" 20 COPPERTICKET
#sharebits "Fox" 20 COPPERTICKET
#sharebits "iHashFury" 20 COPPERTICKET
#sharebits " jakub" 20 COPPERTICKET
#sharebits "abit" 20 COPPERTICKET
#sharebits "KenCode" 20 COPPERTICKET (for the question above)

I greatly appreciate all of you. Hangouts are not for Fuzzy to tell the community what to think. They are for all of you to give a voice to the only chain that actually cares about your voice from its very foundation.  Your questions, comments and concerns are how we boil all the system dynamics of the forums into a couple hours each week...this makes it easier for people who want to know what is going on in bitshares, but also do not have time to wade through the forums and our hangouts.  This lowers barriers to entry and opens us up to have more listeners and community members.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: btstip on January 28, 2016, 08:13:15 pm
Hey fuzzy, here are the results of your tips...
Curious about ShareBits? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,16318.msg275255/topicseen.html#msg275255
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: Akado on January 28, 2016, 08:33:10 pm
I think it has been two weeks since I asked so I'll give it a try. Did you manage to have some time to give Bond Markets a thought? If so, do you now have a rough idea on how much it would cost? A price range for example?

Stealth was 50k so would Bond Markets be more than that? $75k? $100k? More?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on January 29, 2016, 07:06:18 am
I think it has been two weeks since I asked so I'll give it a try. Did you manage to have some time to give Bond Markets a thought? If so, do you now have a rough idea on how much it would cost? A price range for example?

Stealth was 50k so would Bond Markets be more than that? $75k? $100k? More?

#sharebits Akado 20 COPPERTICKET
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: btstip on January 29, 2016, 07:07:42 am
Hey fuzzy, here are the results of your tips...
Curious about ShareBits? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,16318.msg275415/topicseen.html#msg275415
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: svk on January 29, 2016, 07:52:23 am
The proposed transactions feature is ready to go in the GUI but there's a bug in the witness node preventing me from releasing it. The bug is that multi-sig accounts don't get notified of proposed transactions that they're supposed to sign off on. When can we expect that bug to get fixed? https://github.com/cryptonomex/graphene/issues/442

Will there be a new release of the graphene core soon?
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: fuzzy on February 04, 2016, 04:27:19 pm
The proposed transactions feature is ready to go in the GUI but there's a bug in the witness node preventing me from releasing it. The bug is that multi-sig accounts don't get notified of proposed transactions that they're supposed to sign off on. When can we expect that bug to get fixed? https://github.com/cryptonomex/graphene/issues/442

Will there be a new release of the graphene core soon?

#sharebits svk 5 COPPERTICKET

Good questions everyone!
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: btstip on February 04, 2016, 04:29:00 pm
Hey fuzzy, here are the results of your tips...
Curious about ShareBits? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,16318.msg277109/topicseen.html#msg277109
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bitacer on February 05, 2016, 06:11:47 pm
Anybody recorded the hangout , could you post a link please if you did? Thank you.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: testz on February 05, 2016, 06:13:01 pm
Anybody recorded the hangout , could you post a link please if you did? Thank you.

Already published at SC and Youtube.
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bitacer on February 05, 2016, 06:14:44 pm
Anybody recorded the hangout , could you post a link please if you did? Thank you.

Already published at SC and Youtube.

I didnt see at your SC channel.. You are my primary source for the hangout recordings :)
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: testz on February 05, 2016, 06:17:59 pm
Anybody recorded the hangout , could you post a link please if you did? Thank you.

Already published at SC and Youtube.

I didnt see at your SC channel.. You are my primary source for the hangout recordings :)

Thanks  :) I didn't post this hangout to my SC because we going to post unedited (raw) hangouts to official SC channel.

Just for reference:
https://soundcloud.com/beyond-bitcoin-hangouts
https://www.youtube.com/c/BeyondBitcoinCommunity
Title: Re: Hangout Questions for Bytemaster (Due Friday @ 10:00am EST)
Post by: bitacer on February 05, 2016, 06:21:27 pm
I found it, thank you  :)
Title: Re: Hangout every Friday @ 10am EST/STD
Post by: konelectric on October 26, 2017, 11:49:44 pm
Hi. Have u heard about McFly? I accidentally found it

Blockchain-powered software platform for eVTOLs - flying vehicles with electric engines and vertical take-off/landing (like drones, but larger and able to carry people). (from its site: https://goo.gl/1Dh7nr)

What do u think?
 

Cool but I would wait for EOS over Ethereum.