We didn't announce this on BitShares earlier because we figured this community would better understand the value of what we are doing and make it
difficult execute the strategy bytemaster recently blogged about:
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/
We have secured ~80% of the initial STEEM via mining.
FC_API( steemit::wallet::wallet_api,
/// wallet api
(help)(gethelp)
(about)(is_new)(is_locked)(lock)(unlock)(set_password)
(load_wallet_file)(save_wallet_file)
/// key api
(import_key)
(suggest_brain_key)
(list_keys)
(get_private_key)
(normalize_brain_key)
/// query api
(info)
(list_my_accounts)
(list_accounts)
(list_witnesses)
(get_witness)
(get_account)
(get_block)
(get_feed_history)
(get_conversion_requests)
(get_account_history)
(get_state)
/// transaction api
(create_account)
(create_account_with_keys)
(update_account)
(update_witness)
(set_voting_proxy)
(vote_for_witness)
(transfer)
(transfer_to_vesting)
(withdraw_vesting)
(convert_sbd)
(publish_feed)
(create_order)
(cancel_order)
(post_comment)
(vote)
/// helper api
(get_prototype_operation)
(serialize_transaction)
(sign_transaction)
(network_add_nodes)
(network_get_connected_peers)
)
Does Steem do any actual work besides contracting them to other people ?
We didn't announce this on BitShares earlier because we figured this community would better understand the value of what we are doing and make it
difficult execute the strategy bytemaster recently blogged about:
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/
We have secured ~80% of the initial STEEM via mining.
So the main innovation is secretly premining in open view? It is pretty sad where "innovation" effort go in this community as of late.
Thanks, but no thanks... I have experienced a 1,5 years of constant sell pressure by whales that openly quick mined PTS, to have the desire to experience the same by people that found a way to premine, sorry "secure " 80% stake for themselves secretly in open view.
--------------------------
Q: Is there STEALTH in steem's GUI?
These are the commands available to the cli-walletQuote(get_conversion_requests)Let's start some speculations about them
(convert_sbd)
These are the commands available to the cli-walletQuote(get_conversion_requests)Let's start some speculations about them
(convert_sbd)
so... you can mine STEEM and then request to have them converted into VESTS to wear when it's getting cold?
sounds like a well prepared April Joke!
sounds like a well prepared April Joke!
+5%
Yea, something about this stinks.
sounds like a well prepared April Joke!
+5%
Yea, something about this stinks.
:o
We didn't announce this on BitShares earlier because we figured this community would better understand the value of what we are doing and make it
difficult execute the strategy bytemaster recently blogged about:
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/
We have secured ~80% of the initial STEEM via mining.
So the main innovation is secretly premining in open view? It is pretty sad where "innovation" effort go in this community as of late.
Thanks, but no thanks... I have experienced a 1,5 years of constant sell pressure by whales that openly quick mined PTS, to have the desire to experience the same by people that found a way to premine, sorry "secure " 80% stake for themselves secretly in open view.
--------------------------
Q: Is there STEALTH in steem's GUI?
At the moment Steem has no GUI and the blockchain doesn't support stealth.
I wanted to make sure Steem didn't compete with BitShares market. In fact, one of the reasons I was willing to help with Steem was that its feature set is fundamentally incompatible with BitShares and we could not hardfork BitShares to implement what Steem does.
Steem is designed to encourage long-term holders and discourage the dumping that BTS has experienced. It is good for them to have a large stake and not give it away to miners who will dump it. Now they can give it away strategically to grow Steem.
The true purpose and scope of Steem will be revealed in a couple of weeks, but for now it is open for everyone to look at the code.
Perhaps the Bitcoin Communities cultural regulations are a blessing in disguise. By intentionally violating every one of their expectations you can minimize your token’s valueat launchwhile still legally mining a token for minimal cost.
Interesting...
Some additional (long) thoughts on the project:...
We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers.
We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers.
One would think that is instamining as well as ICO, exactly the opposite of the announced on Bitcointalk
@thereverseflash I created a node : "122.114.47.242"But I haven't a private key ,so I can't create a account.privete key is bitcoin's :D
I got a publick key :STM5p78kHbL33Rn3JWkTWRE2B9uz6gy4r1KbfAKLNQGE3ovMBS5bu
Any one give me some coins?
I don't known how to create my first account
./steemd --miner='["accountname","${WIFPRIVATEKEY}"]' --witness='"accountname"'
get_account mottler
create_account_with_private_key
create_account( string creator, string new_account_name, string json_meta, bool broadcast )
BTS holders are still paying off the merger, the intent of which was to prevent the fracturing of development effort/code/chains/community.
Yet this fork receives official blessing and assistance.
It must be April Fools.
nable-stale-production)
1040032ms th_a witness.cpp:215 block_production_loo ] Not producing block because production is disabled until we receive a recent block (see: --enable-stale-production)
1040292ms th_a application.cpp:660 get_blockchain_synop ] synopsis: ["0004161ba5297bef65fa416e74b3490ca321e7bd"]
1041029ms th_a witness.cpp:215 block_production_loo ] Not producing block because production is disabled until we receive a recent block (see: --enable-stale-production)
I am mining
this right?Code: [Select]nable-stale-production)
1040032ms th_a witness.cpp:215 block_production_loo ] Not producing block because production is disabled until we receive a recent block (see: --enable-stale-production)
1040292ms th_a application.cpp:660 get_blockchain_synop ] synopsis: ["0004161ba5297bef65fa416e74b3490ca321e7bd"]
1041029ms th_a witness.cpp:215 block_production_loo ] Not producing block because production is disabled until we receive a recent block (see: --enable-stale-production)
532459ms th_a application.cpp:394 handle_transaction ] Got 1 transactions from network
534065ms th_a witness.cpp:352 on_applied_block ] hash rate: 14784 hps target: 28 queue: 98 estimated time to produce: 302.61933621933621907 minutes
537432ms th_a witness.cpp:352 on_applied_block ] hash rate: 14443 hps target: 28 queue: 98 estimated time to produce: 309.76419488102658306 minutes
540266ms th_a witness.cpp:352 on_applied_block ] hash rate: 14916 hps target: 28 queue: 98 estimated time to produce: 299.94128899615623141 minutes
Friendly advise. If you believe in BM's new vision (as opposed to his ex-vision i.e. BTS) you better get on board with steem...
I personally find his early ideas far better and consider him more or less lost currently, so I have no interest in this STEEM, but it is just me.
So act accordingly to your take on things in that regard.
The reasoning behind not having windows binaries is that the devs continue to use their insider knowledge to fuck over the community.
The list of how they do this is growing longer.
Most recently you will notice that they offered someone a position as a witness. How are they able to offer this position? Because they have now secured all control over this coin by using this concept of vests. This coin is COMPLETELY CENTRALIZED NOW.
Here's how they did it:
First, they did a typical instamine/flashmine/freemine scam (yes scam) where they released
(1) no compiled wallets
(2) no instructions to build
(3) incomplete and inaccurate instructions to mine
This wasn't bad enough. After the first 12 or so hours of mining, all their miners crashed, exposing that they were mining to 100 different witnesses to hide the fact that they (he) was one entity. The devs wouldn't have been caught except that their mining instructions were wrong, and no one else was mining because, even if they couldn't get the client to build, they entered mining commands that caused them to get no blocks. The devs will claim this isn't on purpose, but check the original thread. You'll see that no one mined a block when the dev's miners were down.
Then, as I have stated many times, when their miners crashed again, I mined a significant amount of steem that night in their absence. To prevent my vesting that and driving the price of vests up on them, they relaunched to ensure COMPLETE CONTROL AND CENTRALIZATION.
After the relaunch, no one would challenge them on mining because if they did, the devs would just relaunch this scamcoin again. So, no one who pays attention (and the people who have the means to procure whatever hashes they want are also the people who are paying attention), would challenge them on the hashes. As they hoped, no one did and they completely dominated the hashes for 1 week.
Now after 1 week of hashing, they dump all their coins into vests, where the price of a vest goes up with the amount vested. This is not your typical stakeholding where one unit of currency is worth one stake. This is on purpose so that they can COMPLETELY CONTROL THIS COIN IN A CENTRALIZED WAY after just 1 week.
Vests don't cost 1 STEEM anymore like they did when the devs bought them. They now cost 5 STEEM. That means that you will need to dominate all the hashes for 5 weeks just to match the control the devs have after 1 week. They have driven your costs up by 5, not using the market, as should be done, but by using this freemine/threat-of-relaunch scam.
So, why don't we all just mine for 5 weeks and decentralize control ourselves? There are two main reasons.
First, anyone who is paying attention (this includes all smart people with BTC to throw at things like this) won't dump money on a scam like this. So you are going to get a bunch of gullible small timers who don't have the foresight to convert to vests anyway, even if vests were legit. The small timers just want to get a profit asap.
Second, there's only 3 more weeks left of true mining before delegated mining kicks in. Delegated mining is when the devs pick 19 "witnesses" to mine. Maybe they might pick one or two legit miners, but the most likely scenario, given the scam they have perpetrated so far, is that they will pick at least 17 instances of themselves to mine.
In other words, it's impossible now to decentralize this coin because the devs have rigged it since the beginning. Not only that, they will be getting all the coins, unchallenged, for as small of a price as they want to pay.
By the way, I'm keeping track here. The devs are going to have to stay low and so will this coin. If it ever gets big, then these devs will be fucked because they will not be able to deny they control the entire currency.
BTS holders are still paying off the merger, the intent of which was to prevent the fracturing of development effort/code/chains/community.
Yet this fork receives official blessing and assistance.
It must be April Fools.
We didn't announce this on BitShares earlier because we figured this community would better understand the value of what we are doing and make it
difficult execute the strategy bytemaster recently blogged about:
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/
We have secured ~80% of the initial STEEM via mining.
So the main innovation is secretly premining in open view? It is pretty sad where "innovation" effort go in this community as of late.
Thanks, but no thanks... I have experienced a 1,5 years of constant sell pressure by whales that openly quick mined PTS, to have the desire to experience the same by people that found a way to premine, sorry "secure " 80% stake for themselves secretly in open view.
--------------------------
Q: Is there STEALTH in steem's GUI?
80% premine
Highly recommend
Nice April fool's bm&op
I am mining
this right?Code: [Select]nable-stale-production)
1040032ms th_a witness.cpp:215 block_production_loo ] Not producing block because production is disabled until we receive a recent block (see: --enable-stale-production)
1040292ms th_a application.cpp:660 get_blockchain_synop ] synopsis: ["0004161ba5297bef65fa416e74b3490ca321e7bd"]
1041029ms th_a witness.cpp:215 block_production_loo ] Not producing block because production is disabled until we receive a recent block (see: --enable-stale-production)
I don't think so...
And am I mining? It's been 6 hrs, and still nothing...Code: [Select]532459ms th_a application.cpp:394 handle_transaction ] Got 1 transactions from network
534065ms th_a witness.cpp:352 on_applied_block ] hash rate: 14784 hps target: 28 queue: 98 estimated time to produce: 302.61933621933621907 minutes
537432ms th_a witness.cpp:352 on_applied_block ] hash rate: 14443 hps target: 28 queue: 98 estimated time to produce: 309.76419488102658306 minutes
540266ms th_a witness.cpp:352 on_applied_block ] hash rate: 14916 hps target: 28 queue: 98 estimated time to produce: 299.94128899615623141 minutes
seed-node = 52.37.169.52:2001
seed-node = 52.26.78.244:2001
There is something not working here.With pow you only mine a 'ticket' in the block production queue .. once you got a ticket mined you need to wait for your round to actually produce a few blocks .. (maybe 20 or so)
I've been mining since yesterday with my quad-core at ~22khps. The client tells me it'll take 50-150 minutes to solve a POW. Indeed I sometimes see a message like "Broadcasting Proof of Work for cyrano", but that's it. No accumulating STEEM, not even POW transactions in my account history (except for one yesterday, almost immediately after I started).
Any ideas?
Funny? It makes you look very bad and will leave a stain on this coin that you're gonna have to work very hard to overcome, if it's even possible..
There is something not working here.With pow you only mine a 'ticket' in the block production queue .. once you got a ticket mined you need to wait for your round to actually produce a few blocks .. (maybe 20 or so)
I've been mining since yesterday with my quad-core at ~22khps. The client tells me it'll take 50-150 minutes to solve a POW. Indeed I sometimes see a message like "Broadcasting Proof of Work for cyrano", but that's it. No accumulating STEEM, not even POW transactions in my account history (except for one yesterday, almost immediately after I started).
Any ideas?
hash rate: 21507 hps target: 27 queue: 95 estimated time to produce: 104.01088637807846737 minutesand in the 30 hours I've been mining a grand total of 5 messages likeBroadcasting Proof of Work for cyranoIf I understand this correctly each "Broadcasting POW" should result in a transaction that gets me a place in the queue, but only one of these made it into my account history. 2016-04-03 17:55:16.269806500 3316269ms th_a witness.cpp:436 operator() ] Broadcasting Proof of Work for cyrano
2 285428 4a49bdf267c686f76b2558cf6ac3807eb1373e62 pow {"worker_account":"cyrano", ...
Nevertheless, this only proves my assumption that for every "Broadcasting POW" message there should be one TX in my account history, but there isn't.
There is something not working here.With pow you only mine a 'ticket' in the block production queue .. once you got a ticket mined you need to wait for your round to actually produce a few blocks .. (maybe 20 or so)
I've been mining since yesterday with my quad-core at ~22khps. The client tells me it'll take 50-150 minutes to solve a POW. Indeed I sometimes see a message like "Broadcasting Proof of Work for cyrano", but that's it. No accumulating STEEM, not even POW transactions in my account history (except for one yesterday, almost immediately after I started).
Any ideas?
I know that. I should be mining a ticket every 2 hours or so, but I'm not.
What I'm seeing is messages like this:Code: [Select]hash rate: 21507 hps target: 27 queue: 95 estimated time to produce: 104.01088637807846737 minutesand in the 30 hours I've been mining a grand total of 5 messages likeCode: [Select]Broadcasting Proof of Work for cyranoIf I understand this correctly each "Broadcasting POW" should result in a transaction that gets me a place in the queue, but only one of these made it into my account history.
Edit: sometimes you just have to complain to make it work I guess...Code: [Select]2016-04-03 17:55:16.269806500 3316269ms th_a witness.cpp:436 operator() ] Broadcasting Proof of Work for cyranoNevertheless, this only proves my assumption that for every "Broadcasting POW" message there should be one TX in my account history, but there isn't.
2 285428 4a49bdf267c686f76b2558cf6ac3807eb1373e62 pow {"worker_account":"cyrano", ...
my hash rate on several nodes has dropped from ~6000 hps down to ~600 hps and it just stays there. Another node with the exact same settings stays at 6000.That means you've found a pow and are in the queue to produce blocks. If you only have one witness/miner pair setup you stop mining while producing blocks.
No clue. I've restarted, replayed, resynced, rebooted. no change.
my hash rate on several nodes has dropped from ~6000 hps down to ~600 hps and it just stays there. Another node with the exact same settings stays at 6000.That means you've found a pow and are in the queue to produce blocks. If you only have one witness/miner pair setup you stop mining while producing blocks.
No clue. I've restarted, replayed, resynced, rebooted. no change.
Don't shut down your miner when this happens, I made that mistake too at first.
That does sound strange then. Have you actually produced any blocks? list_my_accounts is the easiest way to check balances, assuming you've imported your private keys.my hash rate on several nodes has dropped from ~6000 hps down to ~600 hps and it just stays there. Another node with the exact same settings stays at 6000.That means you've found a pow and are in the queue to produce blocks. If you only have one witness/miner pair setup you stop mining while producing blocks.
No clue. I've restarted, replayed, resynced, rebooted. no change.
Don't shut down your miner when this happens, I made that mistake too at first.
Well I've got 2 miners in config. I'd have expected the hash rate to drop to 0 if both were in queue but it only drops to ~600 and it seems to stay that way indefinitely. Going on 14 hours now at 600 hps.
It could be that the transaction was broadcast too late to be included by the producer. There is a race condition where if you broadcast it, but the producer doesn't receive it in time and so it is "stale" and not included in the blockchain.
Very interesting.. +5%
Sparkle has come a long way :P
My DigitalOcean nodes don't have this issue while all but 1 of my AWS instances do.That does sound strange then. Have you actually produced any blocks? list_my_accounts is the easiest way to check balances, assuming you've imported your private keys.my hash rate on several nodes has dropped from ~6000 hps down to ~600 hps and it just stays there. Another node with the exact same settings stays at 6000.That means you've found a pow and are in the queue to produce blocks. If you only have one witness/miner pair setup you stop mining while producing blocks.
No clue. I've restarted, replayed, resynced, rebooted. no change.
Don't shut down your miner when this happens, I made that mistake too at first.
Well I've got 2 miners in config. I'd have expected the hash rate to drop to 0 if both were in queue but it only drops to ~600 and it seems to stay that way indefinitely. Going on 14 hours now at 600 hps.
Perhaps something like a decentralized alternative to threaded discussion forums, e.g. Reddit self posts (though limited to STEEMIT_MAX_COMMENT_DEPTH == 6 nested comments, which I guess is a reasonable number),
except with the distinguishing feature of economic rewards for good comments ("What do you mean internet karma points don't have to be worthless?" ;)).
Though perhaps that could backfire as well: redditors take karma too seriously as it is even though it currently provide no economic value whatsoever. But it would be fun to see how economic incentives modify social behavior online.
Steemit is a social media platform where everyone gets paid for creating and curating content.
Perhaps something like a decentralized alternative to threaded discussion forums, e.g. Reddit self posts (though limited to STEEMIT_MAX_COMMENT_DEPTH == 6 nested comments, which I guess is a reasonable number),
except with the distinguishing feature of economic rewards for good comments ("What do you mean internet karma points don't have to be worthless?" ;)).
Though perhaps that could backfire as well: redditors take karma too seriously as it is even though it currently provide no economic value whatsoever. But it would be fun to see how economic incentives modify social behavior online.
From Ned Scott's Linked in (https://www.linkedin.com/in/nedscott)QuoteSteemit is a social media platform where everyone gets paid for creating and curating content.
Synereo is a fully decentralized and distributed social platform owned by the people who use it.
Your attention is scarce, precious and powerful.It’s time for it to work for you.
It could be that the transaction was broadcast too late to be included by the producer. There is a race condition where if you broadcast it, but the producer doesn't receive it in time and so it is "stale" and not included in the blockchain.
Thanks for the explanation. Does "in time" mean that a POW based on the hash of block n is only accepted if it is included in block n+1?
That would severely (and unnecessarily IMO) punish miners on a "high"-latency connection. For example, with a (perfectly normal) latency of 300ms a miner can effectively only mine from t+0.3s until t+2.7s, which is a 20% reduction of efficiency!
Moreover, this means that the currently active witnesses automatically have a higher than average chance to have their own POWs included in the chain in time.
Even worse, it means that the currently active witnesses can deliberately drop POWs from other miners, thereby increasing their own effective hashrate!
IMO there's no reason to not accept POWs that are based on the hash of one of the latest 21 blocks (for example).
Perhaps something like a decentralized alternative to threaded discussion forums, e.g. Reddit self posts (though limited to STEEMIT_MAX_COMMENT_DEPTH == 6 nested comments, which I guess is a reasonable number),
except with the distinguishing feature of economic rewards for good comments ("What do you mean internet karma points don't have to be worthless?" ;)).
Though perhaps that could backfire as well: redditors take karma too seriously as it is even though it currently provide no economic value whatsoever. But it would be fun to see how economic incentives modify social behavior online.
From Ned Scott's Linked in (https://www.linkedin.com/in/nedscott)QuoteSteemit is a social media platform where everyone gets paid for creating and curating content.
Synereo is a similar concept http://www.synereo.com/QuoteSynereo is a fully decentralized and distributed social platform owned by the people who use it.
Your attention is scarce, precious and powerful.It’s time for it to work for you.
Synereo is vastly different and was evaluated along with other competitors prior to building Steem.
The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting. There is a DEX on the network with just a single market STEEM/SBD (plus there are subsidies to liquidity providers which is great addition), but yet it seems pretty clear that SBD is not BitUSD/Smartcoins. Specifically, there is no SBD borrow with collateral mechanism available. It is possible to convert SBD to STEEM but the blockchain just destroys the SBD and prints enough new STEEM to satisfy the conversion at an exchange rate (after a 7 day delay) at the given median price feed provided by the witnesses. Thus, I think it is safe to say that all STEEM holders are effectively forced to take the "short position" against the SBD. By holding STEEM they are betting that its price should outperform the USD plus blockchain-declared interest rate.
Tipping with BitUSD will be huge in terms of the network effect it could help generate.
We have a product that BTC doesn't have, Currency Stable Smartcoins. (Still need more liquidity) We just need to find a way to showcase them to the hundreds of thousands of people that could benefit them. Cue tipping and cue social media.
See https://cryptofresh.com/a/STEEM
Having said that I can obviously see it has value, when will it be on an exchange? Have you considered creating an IOU for some of it on BTS for the time being?
Hey all, just came across this thread here. :D
I was asked by the team to provide a little info about myself in order to be voted a witness.
As many have, I joined the crypto world after the sudden increase in price and publicity a few years back now. The latest project I've worked on in the crypto space is Synergy Cloud, a web based trading bot (similar to other basic bots out there) that allows users to trade across a few exchanges in reward for burning Synergy Coin. I'm also very involved in the Coinbar project and spend a lot of time looking for new cryptos to get involved in and doing some trading here and there. ;D Professionally, I'm a project manager working for a large e-commerce company mainly focusing on machine learning. I've got a good amount of hardware at my disposal and will continue to support the STEEM project.
I look forward to getting to know some of you guys and moving forward with STEEM!
Very interesting.. +5%
Sparkle has come a long way :P
bter stated they'd honor
./steemd —miner='["accountname","${WIFPRIVATEKEY}"]' —witness='"accountname"' —seed-node="52.38.66.234:2001" —mining-threads=2
who can explain how to get accountname and WIFPRIVATEKEY?
:'( :'( :'( :'( :'( :'( :'( :'(
Interesting...
Some additional (long) thoughts on the project:
The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting...
Now the question is will bytemaster's strategy work, or will it cause the Bitcoin community to treat this DAC like a pariah and stubbornly refuse to use it while yelling out words like "instamine." I can't wait to find out.
I assume Steem will largly be based on graphene...
Has a sharedrop (on bts) been discussed before?
Has a sharedrop (on bts) been discussed before?
There are many problems we need to resolve as a community:
1) We don't want to compete with ourselves and divide our network effect.
2) We don't want to confuse users with a million brands.
3) We want to have 1 BitUSD for everything rather than many different BitUSDs
5) I don't want to have divided loyalties... I cannot serve two masters.
My Proposal:
1) Drop all other BitShares brands.... rename BitShares X to just BitShares
There will still be other DACs based upon our toolkit (Music, Gaming, DNS, etc) but those clones will not be dividing my loyalty because they have their own teams and are already known and operating independently of us. Those who have joined those DACs can attempt to grow them how they see fit and BitShares will be competing with them where we can.
The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting.
That's $365 000 a year of dilution. That could be +5% on $7 500 000 worth of BitUSD.Providing yield on USD doesn't work because of yield harvesting, people would create USD and sit on it until the rate of return approached 0.
Even with a lot of yield harvesting that would rapidly make BTS the undisputed Crypto USD market leader.
Perhaps the Bitcoin Communities cultural regulations are a blessing in disguise. By intentionally violating every one of their expectations you can minimize your token’s value while still legally mining a token for minimal cost.
We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers.
Has a sharedrop (on bts) been discussed before?
Not yet to my knowledge.
I think it may be advisable to share-drop on BTS though because it seems to be a method for bootstrapping a competiting BitUSD which is what shareholders feared about VOTE DAC and why many agreed to the BTS merger.QuoteThere are many problems we need to resolve as a community:
1) We don't want to compete with ourselves and divide our network effect.
2) We don't want to confuse users with a million brands.
3) We want to have 1 BitUSD for everything rather than many different BitUSDs
5) I don't want to have divided loyalties... I cannot serve two masters.
My Proposal:
1) Drop all other BitShares brands.... rename BitShares X to just BitShares
There will still be other DACs based upon our toolkit (Music, Gaming, DNS, etc) but those clones will not be dividing my loyalty because they have their own teams and are already known and operating independently of us. Those who have joined those DACs can attempt to grow them how they see fit and BitShares will be competing with them where we can.
https://bitsharestalk.org/index.php/topic,10148.0.html
I'm not sure yet, but it also seems like STEEM may be using dilution to fund an interest rate bonus...The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting.
Though unlikely, it's possibly similar to a concept I've been pushing to benefit BitUSD, https://bitsharestalk.org/index.php/topic,21597.0.html which BM hasn't ackowledged in the forum and only a few months ago believed wouldn't work.That's $365 000 a year of dilution. That could be +5% on $7 500 000 worth of BitUSD.Providing yield on USD doesn't work because of yield harvesting, people would create USD and sit on it until the rate of return approached 0.
Even with a lot of yield harvesting that would rapidly make BTS the undisputed Crypto USD market leader.
I don't know what the SBD liquidity subsidies are but they could also be the best combo from ideas formulated from the BitUSD liquidity thread, https://bitsharestalk.org/index.php/topic,21544.195.html
So SBD is potentially a competing BitUSD using concepts that could have helped bootstrap BitUSD or a USD on BTS.
So I don't think STEEM will necessarily be popular with BTS shareholders & given that they've intentionally violated a lot of the crypto communities cultural expectations they're unlikely to be popular with them either.
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/QuotePerhaps the Bitcoin Communities cultural regulations are a blessing in disguise. By intentionally violating every one of their expectations you can minimize your token’s value while still legally mining a token for minimal cost.We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers.
We''ll have to wait to learn more but I think STEEM/SBD could be a BitUSD competitor and we should potentially be looking at options, forking/other to compete with it.
Has a sharedrop (on bts) been discussed before?
Not yet to my knowledge.
I think it may be advisable to share-drop on BTS though because it seems to be a method for bootstrapping a competiting BitUSD which is what shareholders feared about VOTE DAC and why many agreed to the BTS merger.QuoteThere are many problems we need to resolve as a community:
1) We don't want to compete with ourselves and divide our network effect.
2) We don't want to confuse users with a million brands.
3) We want to have 1 BitUSD for everything rather than many different BitUSDs
5) I don't want to have divided loyalties... I cannot serve two masters.
My Proposal:
1) Drop all other BitShares brands.... rename BitShares X to just BitShares
There will still be other DACs based upon our toolkit (Music, Gaming, DNS, etc) but those clones will not be dividing my loyalty because they have their own teams and are already known and operating independently of us. Those who have joined those DACs can attempt to grow them how they see fit and BitShares will be competing with them where we can.
https://bitsharestalk.org/index.php/topic,10148.0.html
I'm not sure yet, but it also seems like STEEM may be using dilution to fund an interest rate bonus...The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting.
Though unlikely, it's possibly similar to a concept I've been pushing to benefit BitUSD, https://bitsharestalk.org/index.php/topic,21597.0.html which BM hasn't ackowledged in the forum and only a few months ago believed wouldn't work.That's $365 000 a year of dilution. That could be +5% on $7 500 000 worth of BitUSD.Providing yield on USD doesn't work because of yield harvesting, people would create USD and sit on it until the rate of return approached 0.
Even with a lot of yield harvesting that would rapidly make BTS the undisputed Crypto USD market leader.
I don't know what the SBD liquidity subsidies are but they could also be the best combo from ideas formulated from the BitUSD liquidity thread, https://bitsharestalk.org/index.php/topic,21544.195.html
So SBD is potentially a competing BitUSD using concepts that could have helped bootstrap BitUSD or a USD on BTS.
So I don't think STEEM will necessarily be popular with BTS shareholders & given that they've intentionally violated a lot of the crypto communities cultural expectations they're unlikely to be popular with them either.
http://bytemaster.github.io/article/2016/03/27/How-to-Launch-a-Crypto-Currency-Legally-while-Raising-Funds/QuotePerhaps the Bitcoin Communities cultural regulations are a blessing in disguise. By intentionally violating every one of their expectations you can minimize your token’s value while still legally mining a token for minimal cost.We have secured ~80% of the initial STEEM via mining. Our plan is to keep 20%, sell 20% to raise money, and give away 40% to attract users / referrers.
We''ll have to wait to learn more but I think STEEM/SBD could be a BitUSD competitor and we should potentially be looking at options, forking/other to compete with it.
So your saying that Steem is a direct competitor with BTS?
This is very confusing... Is this CNX's new project/chain that we paid to prevent during the merger? Little did we know that we were actually funding the competition of BTS.
Now do we dump BTS for Steem or does Steem work with BTS? It doesn't sound like it will be sharedrop.
Interesting...
Some additional (long) thoughts on the project:
The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting...
Now the question is will bytemaster's strategy work, or will it cause the Bitcoin community to treat this DAC like a pariah and stubbornly refuse to use it while yelling out words like "instamine." I can't wait to find out.
Is this already mostly coded?
If so can it be forked onto BTS or a separate DAC with an allocation strategy that greatly favours BTS holders?
The BTS SuperDAC was created with the intention of forking competitors where possible/valuable and this seems like such a scenario given it's based on BTS compatible code?
Who are these investors let in on the ground floor? Were they Brownie holders? I'm a brownie holder and didn't here anything about this opportunity.
SBD is an entirely different beast than BitAssets. There is no shorting, no margin calls, and users cannot create it.
3. Interest on SBD is paid by creating new SBD from thin air and might never result in creation of STEEM
There are other reasons why Steem could not be built on BitShares:
1. It would need to be a separate asset due to its inflation scheme
2. bitshares is unable or unwilling to fund the development of something so speculative
3. bitshares is better served being an exchange and integrating with STEEM via a side chain
....
Interesting...
Some additional (long) thoughts on the project:
The SBD (which seems to be a USD pegged asset with a possible interest rate bonus on top) is interesting...
Now the question is will bytemaster's strategy work, or will it cause the Bitcoin community to treat this DAC like a pariah and stubbornly refuse to use it while yelling out words like "instamine." I can't wait to find out.
Is this already mostly coded?
Everything I described in my post about STEEM was from my review of the existing code in GitHub. So, yes.If so can it be forked onto BTS or a separate DAC with an allocation strategy that greatly favours BTS holders?
The BTS SuperDAC was created with the intention of forking competitors where possible/valuable and this seems like such a scenario given it's based on BTS compatible code?
I was going to say yes, but apparently as bytemaster mentioned previously in the thread, STEEM is released under a non-free license. Regardless of licensing issues, let me procede with why it may not make sense to bring SBD with interest into BitShares, which I believe is what you are mostly concerned about.
The problem with the SBD asset is that it forces all STEEM holders to back it, which means a risk of significant STEEM inflation to cover the price stability of SBD. We would not want to force all BTS holders to back an SBD equivalent on BitShares. Furthermore, users cannot create as much SBD as they wish on STEEM (which I think is good because that limits the liability of STEEM holders). That works fine for its intended purpose as rewards for content creator and curators, but I would say for something like BitUSD, our existing mechanism of borrowing with collateral makes more sense.
Who are these investors let in on the ground floor? Were they Brownie holders? I'm a brownie holder and didn't here anything about this opportunity.
Who are these investors let in on the ground floor? Were they Brownie holders? I'm a brownie holder and didn't here anything about this opportunity.
+5% +5% +5%
YES what about brownies holders? I thought it is a BM asset... When bm wins brownies should rise! not?
Do you guys convert all steem to vested? The conversion starts to be quite ineffective :(
Do you guys convert all steem to vested? The conversion starts to be quite ineffective :(
More effective than not converting. You may be getting less VESTS but that is just another way of saying that the mining reward as a percent of total STEEM is rapidly falling. This is no different than any other crypto coin while the supply rapidly grows in percentage terms.
Perhaps I haven't won yet. I intend to buy back brownies with some of my STEEM once all the infrastructure is in place to do it. I need to know how much STEEM I personally end up with.
to "sharedrop" on your brownies holders? !!!
Only 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!I'd like to buy STEEM .. Anyone willing to sell some OTC?
you can run a 12 core jiffybox for 24 hours for 3,60 € and u maybe get like ~40 steemOnly 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!I'd like to buy STEEM .. Anyone willing to sell some OTC?
Only 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!
Only 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!
I hope the price feeds to CMC will be running and STEEM will be exclusive to BitShares DEX ;)
Here is (a part of) a VESTS rich list copied from bitcointalk thread, which was posted on April 06, 2016, 01:45:14 AM UTC:Who are these investors let in on the ground floor? Were they Brownie holders? I'm a brownie holder and didn't here anything about this opportunity.
+5% +5% +5%
YES what about brownies holders? I thought it is a BM asset... When bm wins brownies should rise! not?
Perhaps I haven't won yet. I intend to buy back brownies with some of my STEEM once all the infrastructure is in place to do it. I need to know how much STEEM I personally end up with.
steemit : 261585.400566
ned : 9364.0
dan : 9364.0
ben : 8171.0
jamesc : 7173.0
blocktrades : 6841.099536
val-a : 6243.0
berniesanders : 5876.768662
smooth : 4956.846869
mottler : 4605.501952
dantheman : 3742.0
rainman : 3170.302826
val-b : 3121.0
michael-b : 3072.0
michael-a : 3072.0
summon : 2780.467408
itsascam : 2623.051432
cloop1 : 1904.383539
blackjack : 1721.211823
batel : 1310.388186
firstclass : 1155.471735
skywalker : 1118.83303
analisa : 1106.505828
bob : 1077.459334
arsahk : 1067.670552
steemed : 1041.954174
tombstone : 959.141634
alice : 954.075546
freedom : 948.796326
proskynneo : 948.26239
fuzzyvest : 910.26367
azeroth : 883.0
anastacia : 793.505828
bitcoin2016 : 778.552746
paladin : 749.149637
abdul : 698.373399
alvaro : 695.512572
excalibur : 654.294663
alphabet : 652.318228
graavor : 622.09823
fminerten : 503.0
simpson : 466.471751
steempty : 466.047677
lafona-miner : 447.139496
enki : 446.688415
elixir : 434.270579
steemroller : 419.403873
chana : 408.560867
adrian : 396.127526
diaphanous : 391.117511
aftergut : 367.435566
jamgotin : 363.400224
faddy : 358.0
kidrock : 353.800013
fantasy : 333.905997
tyler : 333.264283
bmw : 326.421391
pharesim : 324.197104
apple : 315.586908
hiva : 309.0
books : 307.743146
augusta : 306.544419
gifthana : 304.858649
ashleigh : 295.950726
danea : 295.38049
disney : 293.310637
galaxy : 292.813839
klm : 281.040479
testdrive : 280.50625
node1 : 278.318186
bavak : 274.763339
commedy : 272.430601
hr1 : 268.768011
coldstorage1 : 260.926937
butterfly : 260.720127
figaro : 259.935943
darah : 258.582928
moment : 255.724504
anonymous : 248.435187
bavihm : 235.17638
bitcointalker : 234.0
hanyuu : 232.0
kevphanis : 223.448486
wackou : 212.708986
natsu : 210.0
puppies : 203.352469
node2 : 202.241146
cornucopia : 199.003496
hermes-miner : 195.353161
aguilar : 195.246539
biggest : 189.0
eclipse : 184.318875
mr11acdee : 177.226401
hermes : 166.032698
badassmother : 153.901097
neogen1 : 153.70952
star : 152.806119
mn12defgj1 : 146.118607
justin : 144.489556
solaris : 144.222729
silver : 141.623898
barrie : 140.948265
erath : 140.94224
kushed : 132.242369
starky : 131.952975
luigi : 129.0
node3 : 128.996708
eternity : 126.839845
panadacoin : 126.78644
google : 126.0
microsoft : 120.972476
arroyo : 117.530627
bunkermining : 111.723802
thorium1 : 111.613341
newyo : 107.10308
steemthebest : 106.986113
enable : 105.0
expir : 104.636484
alpha : 100.97656
thorium2 : 100.728167
It seems CNX/blocktrades guys will be very rich if STEEM has some value.I'm here from bitcointalk. This thread seems to be a little meatier than the bitcointalk thread. I like the technical info although I have no idea what a brownie is.
About my involvement in STEEM: I've mined this coin since before it launched :P
I'd like to run a delegate/witness node, so here is more:
I have been following crypto for about 2.5 years now and it was only a few short months after my first purchase of BTC before I started getting involved on the development side. Lately, I have been working with the Eclipse dev team as a programmer. To clarify things, we have several devs. I am the lead (overly-outspoken) programmer. We also have an administrative dev and a cryptography expert. We are all "equals", leading different parts of the project.
I have expertise in enough programming languages not to bother mentioning them all. One language I will mention is C++ because much of crypto is written in it. I've studied cryptocurrency code so much that I can read through it like a newspaper and can spot logic bugs without even running the code. I have written a lot of cryptocurrency code for many projects.
I have many years of experience in system administration, setting up long running networks both as a consultant and salaried professional.
If I run a witness, I will do so using a top-tier cloud platform like google, amazon, or azure.
I prefer my witness account to be "steemed" if I am selected. I also have steemroller and steemer, and many, many others.
I have been putting everything into vests, even at the low rates we have been getting now. I was probably one of the first people with vests after relaunch.
I'm excited to see where this project will go. I have been recruiting new participants behind the scenes, and even helped a few people at BCT both on the board and privately.
Even if I didn't have a stake in this project, I'd be enthusiastic about its progress as the devs' goal is one of the well known killer dapps that will serve a useful purpose to society.
you can run a 12 core jiffybox for 24 hours for 3,60 € and u maybe get like ~40 steemOnly 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!I'd like to buy STEEM .. Anyone willing to sell some OTC?
So far has anyone decided if it's worth it?Steem doesn't have a price .. so it's a bet ..
How about run with a MacBook Pro for 24 hours then get ~40 STEEM?So far has anyone decided if it's worth it?Steem doesn't have a price .. so it's a bet ..
By the way, we're happy commenting on the chain, @xeroc join us? ;)I started playing around with it today .. feels nice, but the cli_wallet needs some more calls to make browsing posts easer
Try wscat :)By the way, we're happy commenting on the chain, @xeroc join us? ;)I started playing around with it today .. feels nice, but the cli_wallet needs some more calls to make browsing posts easer
How about run with a MacBook Pro for 24 hours then get ~40 STEEM?So far has anyone decided if it's worth it?Steem doesn't have a price .. so it's a bet ..
By the way, we're happy commenting on the chain, @xeroc join us? ;)
Just to be sure: It is enough to know the private keys that were used for mining to later access the funds?Yes
Rate limited free.How about run with a MacBook Pro for 24 hours then get ~40 STEEM?So far has anyone decided if it's worth it?Steem doesn't have a price .. so it's a bet ..
By the way, we're happy commenting on the chain, @xeroc join us? ;)
I've been in need of an excuse to compare my diy NAS against a vps. So I used this as a one month competition for laughs.AMD FX 8320 vs 6 core XEONFIGHTFrom what I've seen you should get more than 40 STEEM in 24 hours with a 12 core machine, although not in the thousands. I am a little shocked to see how bad a modern XEON VPS seems to perform in comparison to my lowly AMD FX machine. The latter seems to be more than capable to keep up while using only 6 cores out of 8 and while doing quite a few other intensive tasks like running 2 taxing vms on the side.
So it seems that running on bare metal gets you quite a bit of an advantage, still not sure if the amount of STEEM you get is worth it though. Maybe after a couple of weeks you can afford the transaction fee of moving a little to VEST and even have a cool entire dozen of VEST. What are the transaction fees btw? I did a test transfer from STEEM -> VEST with some 70+ and ended up with 3 VESTs. I also seem to vaguely recall reading that registering a name costs 100 STEAM.
Rate limited free.
Rate limited free.
My best guess, is that you mean transfers between accounts are free up till bandwidth limitations.
So instead of transaction fees, the network pays for itself by inflation of STEEM then?
I still don't understand how the conversion from STEEM to VEST works. After ctrl+f-ing through the bitcointalk forums, I finally found a little remark that paraphrasing states, that 1 STEEM is converted to VEST first time any miner turns witness. Looking at the bottom a website with the VEST-richlist, that seems to suggest that Conversion rates are little over 4% and dropping. So I guess the conversion rate is dropping, but I can't figure out what mechanism or rule is in effect.
EDIT
Corrected a mistake, it's 4% not 40%. Decimals be damned.
Your question is answered here:
https://bitcointalk.org/index.php?topic=1410943.msg14454864#msg14454864
Your question is answered here:
https://bitcointalk.org/index.php?topic=1410943.msg14454864#msg14454864
Hmm, sorry to say, but that scheme sound a little iffy to me. If I understood it right, the founders not only gave themselves a bit of a mining advantage at the start, but also an almost factor 100 pump (in STEEM) right from the get go. Considering the critiques on ripple and nxt, that most likely will not make many friends in the crypto-scene. If a premine is a legal hazard, wouldn't this mechanic be a risky maneuver in that sense as well?
I am not sure what you mean by 100 pump (in STEEM) ?Keep in mind that I'm only deducing based on the statements I've seen on the bitcointalk-thread. There it was stated that creating a new account for each witness/miner costs not 100 but 1 STEEM converted to VESTS. In the same thread a list is posted of current VESTS-accounts. Looking at the list starting from 1 VESTS downward you see a history of when all miners started producing that very first account. So based on that it seems that at the start it was 1 STEEM for each 1 VEST, but at the time I'm writing this it seems to be 1 STEEM for 0.036788 VESTS and dropping.
With respect to fees. To create a new account requires 100 STEEM to be converted to VESTS in the new account. In effect, there is no "fee", just a requirement to fund the account with a minimum balance of VESTS.
You can think of holding VESTS as owning a percent of available bandwidth, no fees are necessary because you already own the bandwidth you are consuming.
Can I deposit OPEN.STEEM now? If yes, how?Not yet..
Is the chain frozen or is it just me? I'm seeing a head block 9 minutes old:
C'mon guys, let's get those VOTES in so we can trade STEEM on bittrex!!
Go to www.slack.bittrex.com to register.
Join the #voting channel
Scroll way up and click on the appropriate reaction associated to STEEM!
It takes just a minute of your time! Less than 6 hours left in the voting.
C'mon guys, let's get those VOTES in so we can trade STEEM on bittrex!!
Go to www.slack.bittrex.com to register.
Join the #voting channel
Scroll way up and click on the appropriate reaction associated to STEEM!
It takes just a minute of your time! Less than 6 hours left in the voting.
http://www.slack.bittrex.com/
server not found
Anyone looking to have our vote for witness will need to provide a public IP:PORT for a seed node and join #witnesses in steem.slack.com
Anyone looking to have our vote for witness will need to provide a public IP:PORT for a seed node and join #witnesses in steem.slack.com
sorry if I'm late to the party, but how do I get an invite to the slack channel?
Anyone looking to have our vote for witness will need to provide a public IP:PORT for a seed node and join #witnesses in steem.slack.com
sorry if I'm late to the party, but how do I get an invite to the slack channel?
Hi @all – the Steem Whitepaper is now pinned in the Steem Slack (https://steem.herokuapp.com). Come join us and check it out ☺
Hi @all – the Steem Whitepaper is now pinned in the Steem Slack (https://steem.herokuapp.com). Come join us and check it out ☺
Within Steem, individuals earn real rewards online that are
directly correlated to their contributions. Their rewards will have dollar value due to the
market price discovery and liquidity of Steem, and the people who hold Steem will have
more exclusive earning powers than those who do not.
I would prefer the rewards are not restricted to dollar value!
There should be more options... To choose for example rewards in GOLD value or BTC or whatever ... Whatever the customer wants!
"The customer is always right"
...and they are not only typical Americans! We want to sell our product worldwide (?)...Are we?
"dollar value" meaning rewards have a value that can be easily denominated in dollars (but that can also be denominated in any currency or commodity). :)
I highly recommend everyone look into Steem. It has a lot of promise and is worth your time.do you know ,how is thereverseflash?
I guess thereverseflash == bm.I highly recommend everyone look into Steem. It has a lot of promise and is worth your time.do you know ,how is thereverseflash?
it is a newbee
Current price 0.0070015 BTC / STEEM
Current price 0.0070015 BTC / STEEM
For about 10 minutes? ;)
.0015 now.
If one were to buy steem.....is it currently possible to vest the steem if you are NOT technically proficient? Is there a windows wallet yet?
If you cannot vest, then is it true that you would be at a significant disadvantage so there would be very little point in holding for the long term?
Cheers!
If one were to buy steem.....is it currently possible to vest the steem if you are NOT technically proficient? Is there a windows wallet yet?
If you cannot vest, then is it true that you would be at a significant disadvantage so there would be very little point in holding for the long term?
Cheers!
Yea there's no windows wallet yet so you'd be unable to vest your Steem. That leaves you vulnerable to inflation in the long term so just holding is probably not a great idea.
I believe there's a docker image you could use though to setup a personal node, shouldn't be too hard.
If one were to buy steem.....is it currently possible to vest the steem if you are NOT technically proficient? Is there a windows wallet yet?
If you cannot vest, then is it true that you would be at a significant disadvantage so there would be very little point in holding for the long term?
Cheers!
Yea there's no windows wallet yet so you'd be unable to vest your Steem. That leaves you vulnerable to inflation in the long term so just holding is probably not a great idea.
I believe there's a docker image you could use though to setup a personal node, shouldn't be too hard.
Thank you SVK. I googled 'docker image' and i'm ashamed to say i suspect setting up a personal node would indeed be too hard.
It's a shame because I'm very keen on MAS. I thought BitShares was going to adapt to make it easier for communities to utilise BitShares.....but it now seems, as i feared, that the community that forms the basis of the network is fragmenting and those who are either technically insecure or have run out of capital are in danger of being left behind. The only means of preventing that are sharedrops, but I accept that capital is scarce and awarding people appropriately is a challenge.
I hope Stan finds his whale and we can all just get on with the business of making BitShares what it could be......either that or more blood, sweat & tears ;D
Hiya puppies, that's incredibly kind of you. I'm afraid I only have a Windows laptop. I've bought a small amount of Steem and I'm happy with that for now. Thank you so much for your offer to help!
after view the comments of steem code, I basically make sure it is BM , code cannot cheat us,I guess thereverseflash == bm.I highly recommend everyone look into Steem. It has a lot of promise and is worth your time.do you know ,how is thereverseflash?
it is a newbee
Steem is now trading here:
https://bittrex.com/Market/Index?MarketName=BTC-STEEM
Current price 0.0070015 BTC / STEEM
Current supply: 19,865,904.000
Market Cap: $3.2M est.
Hiya puppies, that's incredibly kind of you. I'm afraid I only have a Windows laptop. I've bought a small amount of Steem and I'm happy with that for now. Thank you so much for your offer to help!
If you change your mind it should be pretty easy to get you up and running in a secure way. If you pick an existing bts public key from your bts wallet, all you need to do is to give that public key to someone running the steem cli that can register that account for you. I think it requires 100 steem to be vested in the account, and they should be able to register the account by replacing the BTS at the beginning with STM.
From there you can export the private key from the bts gui and import it into the steem webwallet. You will be able to transfer, transfer to vesting, and withdraw from vesting all from the steem webwallet. If your goal is to purchase steem, transfer to your wallet and vest, then that should be well served by this method.
Where can I find best instructions for building CLI wallet for Linux.I use this on ubuntu 14.04 and 15.04
Is this supposed to be a social media platform, or are these guys (https://bitcointalk.org/index.php?topic=1441964.0;all) talking about something completely unrelated?yea kinda like reddit
Is this supposed to be a social media platform, or are these guys (https://bitcointalk.org/index.php?topic=1441964.0;all) talking about something completely unrelated?yea kinda like reddit
Is this supposed to be a social media platform, or are these guys (https://bitcointalk.org/index.php?topic=1441964.0;all) talking about something completely unrelated?yea kinda like reddit
was this supposed to be top secret information or something?
Join steem slack channel, you'll know. http://steem.herokuapp.com/Is this supposed to be a social media platform, or are these guys (https://bitcointalk.org/index.php?topic=1441964.0;all) talking about something completely unrelated?yea kinda like reddit
was this supposed to be top secret information or something?
vote_for_witness "YOURACCOUNTNAME" "boatymcboatface" true true
{
"client_version": "unknown",
"steem_revision": "3bb37ad275d35f1cb9181beb0d8773fb137e023a",
"steem_revision_age": "3 hours ago",
"fc_revision": "b34e8584ae8f2667dcdfa5b53b1a372fe2c41a89",
Hi all-
I have set up a witness node located in Los Angeles, California that includes DDOS protection, automatic backups, and can easily be scaled up to meet the needs of the network.
Being one of the top public VEST holders, I am committed to providing long-term support to the STEEM network and am fortunate enough to have plenty of time to react to updates and other situations as needed. Additional plans to support STEEM will be announced shortly.
Account: nextgencrypto
Seed URL: http://steemwitness.com:2001
To vote in support of my witness, please use the following command: vote_for_witness youraccount nextgencrypto true true
Thank you in advance for your support!
what's the account name?
Since the steemit.com webpage is not open source, I can't really tell what it is doing in that case .. maybe @valzav can help
genis-carrerasThe blockchain doesn't show any transactions for that account which means that its private keys has not been updated.
genis-carrerasThe blockchain doesn't show any transactions for that account which means that its private keys has not been updated.
You still have the old keys? Maybe in a backup of your password manager?
hey Tuck. If you had the password entered into a text document it might have been cached on your hdd. I know that many of the text editor programs I use will save an auto backup under a different name until the real document is saved or closed. I would check the specifics of whatever program you used. Check whatever directory it would have saved a backup to. If there is no backup present run recovery software on that hdd and see if it can find one.genis-carrerasThe blockchain doesn't show any transactions for that account which means that its private keys has not been updated.
You still have the old keys? Maybe in a backup of your password manager?
Ya I have the BTS private key that the account was setup with.
I just don't have a way to do anything with it since I'm on Windows. I've tried logging in with it on Steemit, but it says the password is incorrect, since I updated it there.
I will gladly pay you something, upvotes or STEEM, if you can reset this password with the original BTS private key. Just let me know where to send the key.
Thanks for the help.
hey Tuck. If you had the password entered into a text document it might have been cached on your hdd. I know that many of the text editor programs I use will save an auto backup under a different name until the real document is saved or closed. I would check the specifics of whatever program you used. Check whatever directory it would have saved a backup to. If there is no backup present run recovery software on that hdd and see if it can find one.
You have to use facebook to sign up for steemit?! WTF?!Identity verification is needed to prevent abuse. There will be some other options besides facebook including an option to not reveal identity at all but probably it will cost you some money.
Who is "dantheman" on Steemit?Larimer
Is it Dan Larimer or Dan Notestein?
Ouch!
(https://i.imgsafe.org/015e188866.jpg)
(https://i.imgsafe.org/0159f396a6.jpg)
I wanted to make sure Steem didn't compete with BitShares market. In fact, one of the reasons I was willing to help with Steem was that its feature set is fundamentally incompatible with BitShares and we could not hardfork BitShares to implement what Steem does.
Lol, I wouldn't be too concerned, though. Steemit's got way too many issues to work out in their base platform to be competing with BitShares as a decentralized exchange any time soon...I wanted to make sure Steem didn't compete with BitShares market. In fact, one of the reasons I was willing to help with Steem was that its feature set is fundamentally incompatible with BitShares and we could not hardfork BitShares to implement what Steem does.
I'll just leave this here...and direct attention specifically to "Phase 3" ::)
https://steemit.com/steem/@dan/steemit-s-evil-plan-for-cryptocurrency-world-domination
Lol, I wouldn't be too concerned, though. Steemit's got way too many issues to work out in their base platform to be competing with BitShares as a decentralized exchange any time soon...I agree with this .. steem wasn't built as an exchange and building an exchange as bundle of smart contracts (as people are doing on ethereum) will not be competitive to BitShares.
Hi. I'd like to understand why Steem is not observing the Protoshares social contact (http://web.archive.org/web/20131229011438/http://invictus-innovations.com/social-concensus), where PTS and AGS holders were promised a % in all future Invictus derived DACs. I'm confused to see Dan Larimer as a founding member of Steem without honoring this promise that he was the main promoter of, which convinced me to back the project at that time. I'm trying understand the logic as to why the social contact wasn't honored - or are there plans to do so?Then he would have less coins to dump on the market right now. They fooled all of us. Typical happenings in the crypto world since 2009. Promise big things for donations, pivot and ask for more donations, leave and start all over with a new scheme.
Thanks for any help :)
Then he would have less coins to dump on the market right now. They fooled all of us. Typical happenings in the crypto world since 2009. Promise big things for donations, pivot and ask for more donations, leave and start all over with a new scheme.
Dont you see this happending already? Why else would BTS rise?Then he would have less coins to dump on the market right now. They fooled all of us. Typical happenings in the crypto world since 2009. Promise big things for donations, pivot and ask for more donations, leave and start all over with a new scheme.
Who knows, maybe bytemaster will return with his billions earned from Steem, and then pump the Bitshares :D
Dont you see this happending already? Why else would BTS rise?Then he would have less coins to dump on the market right now. They fooled all of us. Typical happenings in the crypto world since 2009. Promise big things for donations, pivot and ask for more donations, leave and start all over with a new scheme.
Who knows, maybe bytemaster will return with his billions earned from Steem, and then pump the Bitshares :D
Well I doubt it's directly from BM himself...though that would be welcome lol. Hoping that other BTS community members that are now (rich) members of STEEM remember BTS and just how awesome it really is... ;DThe problem is that they can't cashout yet, don't they?
Hi. I'd like to understand why Steem is not observing the Protoshares social contact (http://web.archive.org/web/20131229011438/http://invictus-innovations.com/social-concensus), where PTS and AGS holders were promised a % in all future Invictus derived DACs. I'm confused to see Dan Larimer as a founding member of Steem without honoring this promise that he was the main promoter of, which convinced me to back the project at that time. I'm trying understand the logic as to why the social contact wasn't honored - or are there plans to do so?
Thanks for any help :)
The sour grapes here is funny. ByteMaster gave each of you an opportunity to get into Steem early. Now its a few people that are focused on getting work done, Peertracks scams and the test holding their Bitshares bags upset about Steem's success. Thank you anti dillusion crowd for forcing ByteMaster's hand, we owe you big time. :)
Hi. I'd like to understand why Steem is not observing the Protoshares social contact (http://web.archive.org/web/20131229011438/http://invictus-innovations.com/social-concensus), where PTS and AGS holders were promised a % in all future Invictus derived DACs. I'm confused to see Dan Larimer as a founding member of Steem without honoring this promise that he was the main promoter of, which convinced me to back the project at that time. I'm trying understand the logic as to why the social contact wasn't honored - or are there plans to do so?
Thanks for any help :)
because it's not a contract , and no court room can force them to honor it .
And even if there was a contract ....the company is called Cryptonomex now . Which is not Invicus ....
Smart people right .
Hi. I'd like to understand why Steem is not observing the Protoshares social contact (http://web.archive.org/web/20131229011438/http://invictus-innovations.com/social-concensus), where PTS and AGS holders were promised a % in all future Invictus derived DACs. I'm confused to see Dan Larimer as a founding member of Steem without honoring this promise that he was the main promoter of, which convinced me to back the project at that time. I'm trying understand the logic as to why the social contact wasn't honored - or are there plans to do so?
Thanks for any help :)
because it's not a contract , and no court room can force them to honor it .
And even if there was a contract ....the company is called Cryptonomex now . Which is not Invicus ....
Smart people right .
Actually, the company is called Steemit. Exactly zero % is owned by Cryptonomex.
CNX, CNI, and CNF are all still completely focused on the BitShares Ecosystem.
The sour grapes here is funny. ByteMaster gave each of you an opportunity to get into Steem early. Now its a few people that are focused on getting work done, Peertracks scams and the test holding their Bitshares bags upset about Steem's success. Thank you anti dillusion crowd for forcing ByteMaster's hand, we owe you big time. :)
Shut up Stan, we care not for real facts!
Of all the communities in the world who had the longest amount of time to board the STEEM train, we had the best opportunity and made the worst choice and now we blame you because we at BitShares are unable to take responsibility for our actions.
And now, we are mad at you for causing the price of BTS to rise 50%!
We will curse this 50% BTC price rise until we die (while accomplishing nothing of value for humanity).
How could Dan turn his back on a community that is hell bent on cursing his name until the end of our days?!
The sour grapes here is funny. ByteMaster gave each of you an opportunity to get into Steem early. Now its a few people that are focused on getting work done, Peertracks scams and the test holding their Bitshares bags upset about Steem's success. Thank you anti dillusion crowd for forcing ByteMaster's hand, we owe you big time. :)
Paper profits make people so bold...
Just because they know how to manipulate cmc doesn't mean it's actually worth that much. Anyone who thinks a price rise from 50 million to 300 million on 1 million dollars in volume has any validity at all has no idea how markets work.
If u are invested in steem and can get out, which I'm guessing most can't, do it now. The action you are seeing should be throwing up a lot of red flags.
Can someone please ELI5 Dan/STEEM/BTS for me?
I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.
Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.
Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!
I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.
Help an old guy out, thank you!
I cannot believe people are complaining about steem.....
bitshares is increasing in price n steem/bts on openledger is almost 50k......
certainly dan will not kill bts telling to his market maker dealing steem/bts using openledger
thanks dan, whatever what you do or...do not
Can someone please ELI5 Dan/STEEM/BTS for me?
I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.
Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.
Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!
I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.
Help an old guy out, thank you!
Can someone please ELI5 Dan/STEEM/BTS for me?
I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.
Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.
Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!
I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.
Help an old guy out, thank you!
The sharedrop was promised by Invictus company .
And STEEM is run by STEEM company .
So . it's ok not to drop on it .
Can someone please ELI5 Dan/STEEM/BTS for me?
I noticed STEEM going parabolic on CMC today, thought I'd check out the latest epic pump'n'dump and found Dan at the bottom of the rabbit hole. Not something I expected.
Then I hit Bitsharestalk and find a whole lot of pissed off folks with a pretty consistent sentiment that Dan has absconded with knowledge/experience/ideas funded by the PTS/AGS investors (of which I am one) and is using them to enrich a small, centralized cadre of "Steemit"(?) developers/investors via a heavily pre-mined coin apparently designed to game CMC. Also not something I expected.
Finally, it appears that although Steemit would not exist without Bitshares technology/codebase and substantial contributions from Bitshares lead developer (Bytemaster), there is currently no clear roadmap for a share drop on the PTS/AGS/BTSX/BTS folks. Definitely not expected!
I'm currently trying to maintain an open mind, as I continue to believe in Dan's vision and talent, but from where I'm standing this situation is pretty much ass end opposite of everything Bitshares stands for.
Help an old guy out, thank you!
in the beginning, it was told it is bytemaster alone, but if you look into the whitepaper you find any bitshares CNX codername i know, so he took the whole team with him and left bitshares without preperation on his own. only svk is left as a sole contributor to the codebase and the guys from blocktrades (and they are also heavily in steem).
because they promised to give away 10% for every future project, they gamed the words and just frontmined the whole steem project and they will tell you "there was nothing to give and you could mine by your own" - true - but every none technical guy was thrown away.
The sharedrop was promised by Invictus company .
And STEEM is run by STEEM company .
So . it's ok not to drop on it .
I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.
The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.
Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.
Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.
Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.
Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.
The sharedrop was promised by Invictus company .
And STEEM is run by STEEM company .
So . it's ok not to drop on it .
I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.
The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.
Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.
Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.
Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.
Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.
It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.
There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).
And look at BitShares Munich, one of the leading sources of BitShares development now. It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).
The ignorance sometimes displayed in this forum is stifling.
The sharedrop was promised by Invictus company .
And STEEM is run by STEEM company .
So . it's ok not to drop on it .
I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.
The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.
Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.
Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.
Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.
Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.
It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.
There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).
And look at BitShares Munich, one of the leading sources of BitShares development now. It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).
The ignorance sometimes displayed in this forum is stifling.
thanks for your view of an "inside
r".
I am going to speak openly and honestly.
Steem and Bitshares have nothing to do with one another. "YET"
Steem is testing its ground, and it is doing very well. While it seems this is a great time to get a synergy going...
https://steemd.com/distribution (https://steemd.com/distribution)
There is "only" 18,000 users on the system as of this post. That's 0.00001% of the internet population.
This is NOT the time to introduce them to bitshares, while they are growing exponentially. Allow the userbase to grow 100X and then put effort forth.
So all of you (and me) BTS holders, knowing what Bitshares can do... need to wait. Don't cloud the growth of steem pushing something like us forward.
Many of them don't even know what Bitcoin is (until now) and now we want to promote Bitshares?
Timing is everything... Bitshares isn't going anywhere, and neither is steem.. Use timing in your favor.
I cannot believe people are complaining about steem.....
bitshares is increasing in price n steem/bts on openledger is almost 50k......
certainly dan will not kill bts telling to his market maker dealing steem/bts using openledger
thanks dan, whatever what you do or...do not
I have no complaints about Steem per se, though to be completely honest I'm old and after a couple hours of reviewing Steem's website/whitepaper/stuff I still have absolutely no idea what it does, why it has value or why so many of the Bitshares dev's are investing time/effort in the ecosystem (other than as a very ironic means of raising development capital for Bitshares, in which case my faith in Dan remains intact).
Investment is not about assets or products; when one invests, one invests in people.
My concern is that my investment in Bitshares, which to this point has been primarily an investment in Dan and Stan, may be jeopardized by this ridiculously abrupt pivot in focus.
Any investor worth their salt needs to know why the captain suddenly jumped ship to run first mate elsewhere....
No abrupt pivot in focus. Dan has been transparently discussing ways to stay in business since last fall.
This has been part of the plan for six months and everyone here has been kept in the loop every step of the way.
Read my posts since March 14th, here and on Steemit if you don't want to be caught by surprise.
+5%No abrupt pivot in focus. Dan has been transparently discussing ways to stay in business since last fall.
This has been part of the plan for six months and everyone here has been kept in the loop every step of the way.
Read my posts since March 14th, here and on Steemit if you don't want to be caught by surprise.
Stan - thank you for your response. I've now invested the necessary time to go back through your posts as well as Dan's over the past six months as recommended. I have also investigated Steemit as thoroughly as possible, though I don't use Facebook, Twitter etc. so the social media thing is a little above my paygrade.
To be frank, what I found was disappointing.
Steemit was announced 01-April (current thread) and Dan's last post was 02-May. Cold turkey, nothing since. After years of engagement with this community and nearly 10,000 posts authored I think it is reasonable to call Dan's pivot abrupt in the extreme.
I agree there is a lot of good commentary on the need to raise capital and the community was made aware that new sources of funding are needed. However, at no point do I see "Dan will be shelving Bitshares on 02-May to focus on Steemit; here is the handoff strategy; here is the roadmap". Nor do I see a commitment or any indication that funds raised through Steemit will be used to further development of Bitshares.
Now, Steemit. As an investor I want to invest - the execution is incredible and the platform has real potential as The Next Big Thing, and not just in the crypto space. Dan is a brilliant developer/programmer/strategist/creator and Steemit is his finest work to date. It is going to take me a while to wrap my head around the possibilities the platform offers, but at first blush it appears to be the killer app for crypto. Steemit may well bring crypto to the masses.
As an AGS/PTS investor I am livid. Apoplectic. Here's what I see:
Steem = Bitshares
Steem dollars = bitUSD
Steem power = +5% (yield)
Steemit is the best of Bitshares packaged with a big social media bow on top. The back-end tech that makes Steemit such an incredibly user friendly and accessible crypto platform was built for Bitshares and funded by AGS/PTS. There is no world in which Steemit exists without AGS/PTS investment and the dedication and hardwork of the Bitshares community.
This is where I would pull Dan into my office, tell him to look me in the eye, and ask him to explain why AGS/PTS/Brownies have not received a share drop. I am truly stunned that there is not even a blog post on the topic. Dan would not be where he is today without the investment and support of this community.
"There were posts, you could have mined, you were invited." "The developers do not owe you and you are not entitled". This is mildly insulting. There are dozens of exciting projects related to Bitshares and it is unreasonable/impractical to expect investors to follow all projects and participate in all ICO/pre-mines. The AGS/PTS 'social contract' was created specifically to address this issue - and we all invested so we would not need to chase ICOs/pre-mines and could instead participate in future projects via share drop.
Why are there not pitchforks and torches in the streets? Why are the lead devs and forum heroes not demanding answers? It appears the majority of the core Bitshares dev team have become very enthusiastic Steemit "dolphins" and "whales" over the past few weeks. It is absolutely fantastic to see some of our most dedicated, hard working community members hit the 1000% crypto ride we've all been chasing. But a very small percentage of the overall community has benefited.
There is a mailing list. Why was there not an email sent out? Why so little outreach? For something as critical as the lead dev pivoting to another project a clear, concise letter to the community would have been appropriate. Sometime in mid-March: "Dear investor, starting in May, Dan is going to park Bitshares for the foreseeable future and focus on developing Steemit. Steemit uses all of the good things that were built for Bitshares, but is packaged for the majority of internet users (social media) rather than a minority of internet users (investors/finance). There will be no share drop on AGS/PTS/Brownies and investment is via pre-mine only. Here is the road map for the next 12 months." Guidance and forward-looking statements would have resulted in a larger percentage of the community benefiting.
So where do we go from here? Like it or not, there is no recourse with a social contract except an appeal to honor and justice. I believe this writing serves as an appeal, and I would ask Dan to respond in full. Dan is presumably preoccupied with whomever keeps taking down steemit.com so I don't expect a response in the immediate future.
That being the case, I've been investing long enough to know that we all need to be long Steem Power asap. The train has left the station and many of us don't have a ticket.
The Steem market is far too thin to take a position OTC, I've been trading Bittrex over the past few days and the slippage is absurd. This is intentional, and kudos to Dan and team for absolutely destroying CMC. We were all choked when Ripple gamed CMC and knocked us down, couldn't be happier to see karma kicking ass. But it means we can't dump BTS for STEEM in any quantity. Dealing with the clowns daytrading on Bittrex is very, very stale. Try placing a bid for a block of 5 or 10k STEEM and see what happens.
I don't do social media - at all - but will register an account, post content and lobby the Bitshares dophins/whales to 'upvote. I strongly believe Steem Power to be a once-in-a-lifetime opportunity and all community members should make an effort to get a position by whatever means necessary. Unfortunately, my initial investigation into Steemit 'mining' has left the distinct impression that value seems to flow to makeup tutorials, travelogues, breasts. I do not use make up, do not travel to exotic places in provocative clothing and do not possess attractive breasts. Absent some benevolent whale voters, it seems most of us will be 'mining' with a CPU and competing against ASICs. I found it surprising that there is so much exceptional material posted where the authors have clearly invested substantial effort in producing meaningful, well written content... and earned only a few dollars or nothing at all. Yet a man smearing lipstick on his face was rewarded with thousands. Early days, but wow, it's surprising how the 'block rewards' are being allocated now that the public have been invited to 'mine'.
TL;DR: Appeal to Dan to provide guidance on where AGS/PTS/Brownies stand relative to Steemit. Steem Power is an investment this community should not pass up, but market is too thin to trade into a meaningful position. Mining is possible but only worthwhile if you have nice breasts, funny videos or dophin/whale friends. Bitshares community members should have dolphin/whale friends, so we should 'mine' by contributing as we wait to find out where we stand with Dan.
No abrupt pivot in focus. Dan has been transparently discussing ways to stay in business since last fall.
This has been part of the plan for six months and everyone here has been kept in the loop every step of the way.
Read my posts since March 14th, here and on Steemit if you don't want to be caught by surprise.
Stan - thank you for your response. I've now invested the necessary time to go back through your posts as well as Dan's over the past six months as recommended. I have also investigated Steemit as thoroughly as possible, though I don't use Facebook, Twitter etc. so the social media thing is a little above my paygrade.
To be frank, what I found was disappointing.
Steemit was announced 01-April (current thread) and Dan's last post was 02-May. Cold turkey, nothing since. After years of engagement with this community and nearly 10,000 posts authored I think it is reasonable to call Dan's pivot abrupt in the extreme.
I agree there is a lot of good commentary on the need to raise capital and the community was made aware that new sources of funding are needed. However, at no point do I see "Dan will be shelving Bitshares on 02-May to focus on Steemit; here is the handoff strategy; here is the roadmap". Nor do I see a commitment or any indication that funds raised through Steemit will be used to further development of Bitshares.
Now, Steemit. As an investor I want to invest - the execution is incredible and the platform has real potential as The Next Big Thing, and not just in the crypto space. Dan is a brilliant developer/programmer/strategist/creator and Steemit is his finest work to date. It is going to take me a while to wrap my head around the possibilities the platform offers, but at first blush it appears to be the killer app for crypto. Steemit may well bring crypto to the masses.
As an AGS/PTS investor I am livid. Apoplectic. Here's what I see:
Steem = Bitshares
Steem dollars = bitUSD
Steem power = +5% (yield)
Steemit is the best of Bitshares packaged with a big social media bow on top. The back-end tech that makes Steemit such an incredibly user friendly and accessible crypto platform was built for Bitshares and funded by AGS/PTS. There is no world in which Steemit exists without AGS/PTS investment and the dedication and hardwork of the Bitshares community.
This is where I would pull Dan into my office, tell him to look me in the eye, and ask him to explain why AGS/PTS/Brownies have not received a share drop. I am truly stunned that there is not even a blog post on the topic. Dan would not be where he is today without the investment and support of this community.
"There were posts, you could have mined, you were invited." "The developers do not owe you and you are not entitled". This is mildly insulting. There are dozens of exciting projects related to Bitshares and it is unreasonable/impractical to expect investors to follow all projects and participate in all ICO/pre-mines. The AGS/PTS 'social contract' was created specifically to address this issue - and we all invested so we would not need to chase ICOs/pre-mines and could instead participate in future projects via share drop.
Why are there not pitchforks and torches in the streets? Why are the lead devs and forum heroes not demanding answers? It appears the majority of the core Bitshares dev team have become very enthusiastic Steemit "dolphins" and "whales" over the past few weeks. It is absolutely fantastic to see some of our most dedicated, hard working community members hit the 1000% crypto ride we've all been chasing. But a very small percentage of the overall community has benefited.
There is a mailing list. Why was there not an email sent out? Why so little outreach? For something as critical as the lead dev pivoting to another project a clear, concise letter to the community would have been appropriate. Sometime in mid-March: "Dear investor, starting in May, Dan is going to park Bitshares for the foreseeable future and focus on developing Steemit. Steemit uses all of the good things that were built for Bitshares, but is packaged for the majority of internet users (social media) rather than a minority of internet users (investors/finance). There will be no share drop on AGS/PTS/Brownies and investment is via pre-mine only. Here is the road map for the next 12 months." Guidance and forward-looking statements would have resulted in a larger percentage of the community benefiting.
So where do we go from here? Like it or not, there is no recourse with a social contract except an appeal to honor and justice. I believe this writing serves as an appeal, and I would ask Dan to respond in full. Dan is presumably preoccupied with whomever keeps taking down steemit.com so I don't expect a response in the immediate future.
That being the case, I've been investing long enough to know that we all need to be long Steem Power asap. The train has left the station and many of us don't have a ticket.
The Steem market is far too thin to take a position OTC, I've been trading Bittrex over the past few days and the slippage is absurd. This is intentional, and kudos to Dan and team for absolutely destroying CMC. We were all choked when Ripple gamed CMC and knocked us down, couldn't be happier to see karma kicking ass. But it means we can't dump BTS for STEEM in any quantity. Dealing with the clowns daytrading on Bittrex is very, very stale. Try placing a bid for a block of 5 or 10k STEEM and see what happens.
I don't do social media - at all - but will register an account, post content and lobby the Bitshares dophins/whales to 'upvote. I strongly believe Steem Power to be a once-in-a-lifetime opportunity and all community members should make an effort to get a position by whatever means necessary. Unfortunately, my initial investigation into Steemit 'mining' has left the distinct impression that value seems to flow to makeup tutorials, travelogues, breasts. I do not use make up, do not travel to exotic places in provocative clothing and do not possess attractive breasts. Absent some benevolent whale voters, it seems most of us will be 'mining' with a CPU and competing against ASICs. I found it surprising that there is so much exceptional material posted where the authors have clearly invested substantial effort in producing meaningful, well written content... and earned only a few dollars or nothing at all. Yet a man smearing lipstick on his face was rewarded with thousands. Early days, but wow, it's surprising how the 'block rewards' are being allocated now that the public have been invited to 'mine'.
TL;DR: Appeal to Dan to provide guidance on where AGS/PTS/Brownies stand relative to Steemit. Steem Power is an investment this community should not pass up, but market is too thin to trade into a meaningful position. Mining is possible but only worthwhile if you have nice breasts, funny videos or dophin/whale friends. Bitshares community members should have dolphin/whale friends, so we should 'mine' by contributing as we wait to find out where we stand with Dan.
No abrupt pivot in focus. Dan has been transparently discussing ways to stay in business since last fall.
This has been part of the plan for six months and everyone here has been kept in the loop every step of the way.
Read my posts since March 14th, here and on Steemit if you don't want to be caught by surprise.
Stan - thank you for your response. I've now invested the necessary time to go back through your posts as well as Dan's over the past six months as recommended. I have also investigated Steemit as thoroughly as possible, though I don't use Facebook, Twitter etc. so the social media thing is a little above my paygrade.
To be frank, what I found was disappointing.
Steemit was announced 01-April (current thread) and Dan's last post was 02-May. Cold turkey, nothing since. After years of engagement with this community and nearly 10,000 posts authored I think it is reasonable to call Dan's pivot abrupt in the extreme.
I agree there is a lot of good commentary on the need to raise capital and the community was made aware that new sources of funding are needed. However, at no point do I see "Dan will be shelving Bitshares on 02-May to focus on Steemit; here is the handoff strategy; here is the roadmap". Nor do I see a commitment or any indication that funds raised through Steemit will be used to further development of Bitshares.
Now, Steemit. As an investor I want to invest - the execution is incredible and the platform has real potential as The Next Big Thing, and not just in the crypto space. Dan is a brilliant developer/programmer/strategist/creator and Steemit is his finest work to date. It is going to take me a while to wrap my head around the possibilities the platform offers, but at first blush it appears to be the killer app for crypto. Steemit may well bring crypto to the masses.
As an AGS/PTS investor I am livid. Apoplectic. Here's what I see:
Steem = Bitshares
Steem dollars = bitUSD
Steem power = +5% (yield)
Steemit is the best of Bitshares packaged with a big social media bow on top. The back-end tech that makes Steemit such an incredibly user friendly and accessible crypto platform was built for Bitshares and funded by AGS/PTS. There is no world in which Steemit exists without AGS/PTS investment and the dedication and hardwork of the Bitshares community.
This is where I would pull Dan into my office, tell him to look me in the eye, and ask him to explain why AGS/PTS/Brownies have not received a share drop. I am truly stunned that there is not even a blog post on the topic. Dan would not be where he is today without the investment and support of this community.
"There were posts, you could have mined, you were invited." "The developers do not owe you and you are not entitled". This is mildly insulting. There are dozens of exciting projects related to Bitshares and it is unreasonable/impractical to expect investors to follow all projects and participate in all ICO/pre-mines. The AGS/PTS 'social contract' was created specifically to address this issue - and we all invested so we would not need to chase ICOs/pre-mines and could instead participate in future projects via share drop.
Why are there not pitchforks and torches in the streets? Why are the lead devs and forum heroes not demanding answers? It appears the majority of the core Bitshares dev team have become very enthusiastic Steemit "dolphins" and "whales" over the past few weeks. It is absolutely fantastic to see some of our most dedicated, hard working community members hit the 1000% crypto ride we've all been chasing. But a very small percentage of the overall community has benefited.
There is a mailing list. Why was there not an email sent out? Why so little outreach? For something as critical as the lead dev pivoting to another project a clear, concise letter to the community would have been appropriate. Sometime in mid-March: "Dear investor, starting in May, Dan is going to park Bitshares for the foreseeable future and focus on developing Steemit. Steemit uses all of the good things that were built for Bitshares, but is packaged for the majority of internet users (social media) rather than a minority of internet users (investors/finance). There will be no share drop on AGS/PTS/Brownies and investment is via pre-mine only. Here is the road map for the next 12 months." Guidance and forward-looking statements would have resulted in a larger percentage of the community benefiting.
So where do we go from here? Like it or not, there is no recourse with a social contract except an appeal to honor and justice. I believe this writing serves as an appeal, and I would ask Dan to respond in full. Dan is presumably preoccupied with whomever keeps taking down steemit.com so I don't expect a response in the immediate future.
That being the case, I've been investing long enough to know that we all need to be long Steem Power asap. The train has left the station and many of us don't have a ticket.
The Steem market is far too thin to take a position OTC, I've been trading Bittrex over the past few days and the slippage is absurd. This is intentional, and kudos to Dan and team for absolutely destroying CMC. We were all choked when Ripple gamed CMC and knocked us down, couldn't be happier to see karma kicking ass. But it means we can't dump BTS for STEEM in any quantity. Dealing with the clowns daytrading on Bittrex is very, very stale. Try placing a bid for a block of 5 or 10k STEEM and see what happens.
I don't do social media - at all - but will register an account, post content and lobby the Bitshares dophins/whales to 'upvote. I strongly believe Steem Power to be a once-in-a-lifetime opportunity and all community members should make an effort to get a position by whatever means necessary. Unfortunately, my initial investigation into Steemit 'mining' has left the distinct impression that value seems to flow to makeup tutorials, travelogues, breasts. I do not use make up, do not travel to exotic places in provocative clothing and do not possess attractive breasts. Absent some benevolent whale voters, it seems most of us will be 'mining' with a CPU and competing against ASICs. I found it surprising that there is so much exceptional material posted where the authors have clearly invested substantial effort in producing meaningful, well written content... and earned only a few dollars or nothing at all. Yet a man smearing lipstick on his face was rewarded with thousands. Early days, but wow, it's surprising how the 'block rewards' are being allocated now that the public have been invited to 'mine'.
TL;DR: Appeal to Dan to provide guidance on where AGS/PTS/Brownies stand relative to Steemit. Steem Power is an investment this community should not pass up, but market is too thin to trade into a meaningful position. Mining is possible but only worthwhile if you have nice breasts, funny videos or dophin/whale friends. Bitshares community members should have dolphin/whale friends, so we should 'mine' by contributing as we wait to find out where we stand with Dan.
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.
This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding. Yet to this day AGS holders are still gaining vesting BTS shares.
The Cryptonomex team spent a whole year developing Graphene on its own sweat equity . Yet, still gave it all away to the community.
Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.
Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.
I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.
This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding. Yet to this day AGS holders are still gaining vesting BTS shares.
The Cryptonomex team spent a whole year developing Graphene on its own sweat equity . Yet, still gave it all away to the community.
Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.
Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.
I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.
How about delivering something to the BTS community instead of just "new investment opportunities". I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).
There were constant pump posts to buy bts based on "summer announcements" that never came to fruition. Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform. It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.
You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself. This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.
This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding. Yet to this day AGS holders are still gaining vesting BTS shares.
The Cryptonomex team spent a whole year developing Graphene on its own sweat equity . Yet, still gave it all away to the community.
Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.
Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.
I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.
How about delivering something to the BTS community instead of just "new investment opportunities". I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).
There were constant pump posts to buy bts based on "summer announcements" that never came to fruition. Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform. It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.
You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself. This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.
...and that's why I no longer publish details about what we are working on. 90% of all leads fail. I tried sharing this stuff with you but all I got were posts like this. Now you'll just have to wait and be surprised.
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.
This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding. Yet to this day AGS holders are still gaining vesting BTS shares.
The Cryptonomex team spent a whole year developing Graphene on its own sweat equity . Yet, still gave it all away to the community.
Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.
Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.
I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.
How about delivering something to the BTS community instead of just "new investment opportunities". I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).
There were constant pump posts to buy bts based on "summer announcements" that never came to fruition. Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform. It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.
You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself. This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.
...and that's why I no longer publish details about what we are working on. 90% of all leads fail. I tried sharing this stuff with you but all I got were posts like this. Now you'll just have to wait and be surprised.
Then why did you even ask what it takes to earn trust around here?
I'm guessing you knew what the answer would be. Why not comment on the idea of doing a worker proposal?
Proposals are based in part on what resources are available to work on them.
Resources are hired based on the availability of stable funding.
A constant battle over who controls the funding light switch means no one dares hire against any line item.
So the resources remain allocated elsewhere
:)
I like the new platform, but still feel left out due to that ags issue. No ags > no graphene > no steemit.
This statement is completely false.
All AGS was able to do is get to BitShares 0.9.3c, with Vote, DNS, Play, and Muse all sucking wind looking for funding. Yet to this day AGS holders are still gaining vesting BTS shares.
The Cryptonomex team spent a whole year developing Graphene on its own sweat equity . Yet, still gave it all away to the community.
Then we spun off Steemit with new players and their new sweat equity building on Graphene but nothing that was originally funded by PTS/AGS/BTS.
Now Cryptonomex is working to do even more for this community with even more resources that do not come from BTS, AGS, or PTS.
I don't know what it takes to earn trust around here, but I am not impressed with the entitlement attitudes that imply we can never do enough.
How about delivering something to the BTS community instead of just "new investment opportunities". I think everyone here has had enough of buying the next best thing (AGS/PTS/DNS/Brownies/BTS0.9/BTS2/Steem).
There were constant pump posts to buy bts based on "summer announcements" that never came to fruition. Investors here feel like they were promised business development, but when everything fell through Bytemaster just jumped ship to a new platform. It didn't help that he promoted doing sharedrops and abandoned this on the first new chain that he created.
You are saying CNX is doing things behind the scenes, but that has been the story for the last year... Nothing has been seen or delivered other than 2.0 itself. This would all be cleared up if CNX created a worker proposal for a collateralized bond market or maker taker.
...and that's why I no longer publish details about what we are working on. 90% of all leads fail. I tried sharing this stuff with you but all I got were posts like this. Now you'll just have to wait and be surprised.
Then why did you even ask what it takes to earn trust around here?
I'm guessing you knew what the answer would be. Why not comment on the idea of doing a worker proposal?Proposals are based in part on what resources are available to work on them.
Resources are hired based on the availability of stable funding.
A constant battle over who controls the funding light switch means no one dares hire against any line item.
So the resources remain allocated elsewhere
:)
And the main reason people don't trust CNX is that they took bitshares from a market cap of $100 million down to $7 million under their leadership. That's a really easy way to piss off investors. Having the "leader" (which Dan said his New Years resolution was to become a better leader for BTS) bail after cutting the market cap by 90% and inflating the supply all while alienating the Chinese community probably didn't help either.
It's really not that difficult to see why so many here have lost faith in CNX. But like I said, if CNX actually delivers something the perception might all change. It's a "what have you done for me lately" world.
The Origin of BitShares
Part 10
BitShares Unleashed
In this industry, talk often turns to the virtues of decentralization. This usually means distributed software, but we have aimed to decentralize the BitShares industry as well. And for good reasons! What good is decentralized software if someone can attack the human organization that maintains it? How do we actually achieve the word “Autonomous” in the DAC acronym anyway?
Now that BitShares has become the world’s first self-funding DAC,
that vision is within reach.
Those who have been with us since the beginning will remember we emphasized that a critical stage in the life of a DAC would be when it is able to become unleashed from its developers. Only then would it be truly emancipated and autonomous …even sovereign. Barely sixteen months ago, we said it this way when we unveiled our the concept of a Decentralized Autonomous Company (DAC) in a LetsTalkBitcoin.com article entitled:Bitcoin and the Three Laws of Robotics (http://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics/):(http://i.gyazo.com/224a44800b4d4aa6a0e79b0d17426146.png)QuoteUltimately, to achieve complete incorruptibility,
developers must be willing to let go of their own control.
If there remains any centralized human control anywhere,
it will eventually be exploited to the detriment of the DAC’s stakeholders.
DACs need to be free to be trusted.
We think we have now come close to achieving this vision.
BitShares will be the first fully automatic company.
It will employ humans, not the other way around.
BitShares will still have human owners; it will still serve human customers; and it will still hire human staff; but it will be managed by independent software agents that cannot be corrupted, seduced or coerced. Because it can be trusted in ways that manned companies cannot, it will be able to serve its owners and customers more reliably than any manned company you may still be inclined to trust.So, as long planned, we have set BitShares free - releasing it into the wild!
Invictus Innovations Incorporated (I3) has ceased operations in the crypto currency space to ensure that there remains no central control over BitShares of any kind. For a while, the corporation will continue to exist as a legal entity to handle any future regulatory inquiry, tax audits, or other government duties associated with its past existence. But BitShares will no longer depend upon Invictus for anything.Invictus has delivered BitShares to its owners as a self-funding, self-maintaining, self-promoting product.(https://gallery.mailchimp.com/ac6976e87d9e9f0eac4bbf19c/images/83a6e0f6-c80b-46bf-9d8d-0a7bdc2b30c3.png)Having accomplished that mission, Invictus can quietly ride off into the sunset in search of Satoshi Nakamoto.
Meanwhile BitShares, DAC (not BitShares, Inc.) has already begun hiring its own support, development, and promotional contractors. Most of us who have been employed by Invictus Innovations have sought employment directly with BitShares. We have been hired by our own software! And up to 101 delegate-based contractor slots are now open for other new talent of all kinds.
Whether we are familiar old-timers or newly arriving talent, each of us will have to make our case to the community of BitShares holders. They will make all hiring decisions. Based upon the indicated preferences of those voters on the blockchain, BitShares, DAC will automatically hire and pay the top 101 vote getters. This will make elected delegates very competitive, responsive, open and transparent – since those same voters can just as easily fire us… in about ten seconds.
So now you are caught up. The Vision first laid out in Bitcoin and the Three Laws of Robotics (http://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics/) has been, at least partly, achieved. There is still much work to do to grow BitShares, DAC into a Fortune 100 Unmanned Company. But the whole world can work on it together...and the path forward is clear.
Thank you to those with positive feedback on my post, greatly appreciated and I think we are all feeling a bit disenchanted with how things have progressed over the past three months.
I am going to give credit where it's due though - CNX did a substantial amount of work for BTS on their own dime. Now we can speculate till the cows come home about who benefited from their sweat equity, but I'm also going to ask that we stop beating up on each other until we know where we stand with Dan. It's wasted time and effort all around.
In the interim I'm going to try and coat tail BTS on Steemit's market cap and need everyone's help to do it. Please see my proposal here:
https://bitsharestalk.org/index.php/topic,22864.msg296565.html#msg296565
Basically I hope will be enough capital via blogging to bump BTS cap and increase DEX liquidity to get Bitshares over the hump. First post is up and I'm asking everyone here to head over to the dark side an upvote/comment:
(http://i64.tinypic.com/xm0gzp.jpg)
Thank you to those with positive feedback on my post, greatly appreciated and I think we are all feeling a bit disenchanted with how things have progressed over the past three months.
I am going to give credit where it's due though - CNX did a substantial amount of work for BTS on their own dime. Now we can speculate till the cows come home about who benefited from their sweat equity, but I'm also going to ask that we stop beating up on each other until we know where we stand with Dan. It's wasted time and effort all around.
In the interim I'm going to try and coat tail BTS on Steemit's market cap and need everyone's help to do it. Please see my proposal here:
https://bitsharestalk.org/index.php/topic,22864.msg296565.html#msg296565
Basically I hope will be enough capital via blogging to bump BTS cap and increase DEX liquidity to get Bitshares over the hump. First post is up and I'm asking everyone here to head over to the dark side an upvote/comment:
(http://i64.tinypic.com/xm0gzp.jpg)
link to steemit doesnt work btw
does anyone understand how steem dollars work? just the other day it was worth 2.5X of 1 dollar value in btc on Polo, I thought perhaps it was just polo speculators but then the volume exceeded 1000+ btc in 24 hours... so thought it would function like bitUSD... kind of strange.
https://steemit.com/steemit/@decrypt/analysis-theories-for-why-steem-backed-dollars-cost-more-than-usd1
btw anyone know the answer to how to withdraw SBD from polo so i can buy some on the decentralized market? i'm trying to see how the arbitrage is working, but i haven't used bitshares in ages and i dont know how the address/memo stuff works
https://steemit.com/steemit/@decrypt/how-do-i-send-steem-or-sbd-from-poloniex-to-steemit
i'm getting 2 conflicting accounts from commentators, if there is some BTS dev that actually knows for sure, it would be create before I accidentally throw away another $10...
or is there a separate forum for steem that i can get support?
btw anyone know the answer to how to withdraw SBD from polo so i can buy some on the decentralized market? i'm trying to see how the arbitrage is working, but i haven't used bitshares in ages and i dont know how the address/memo stuff works
https://steemit.com/steemit/@decrypt/how-do-i-send-steem-or-sbd-from-poloniex-to-steemit
i'm getting 2 conflicting accounts from commentators, if there is some BTS dev that actually knows for sure, it would be create before I accidentally throw away another $10...
or is there a separate forum for steem that i can get support?
You don't need memo to withdraw SBD to Steemit. Just your username. When you are transferring funds to Poloniex then you need memo but it is easy to find under deposit instructions.
I created real Steemit billboard and came here for a little upvote love.
https://steemit.com/steem/@sir/first-advertising-billboard-for-steemit-is-ready-in-croatia-video
Thank you.
I highly recommend everyone look into Steem. It has a lot of promise and is worth your time.
[/quote
No one will believe you since you sell all of your bitshares and abandon the BTS community. ]
The sharedrop was promised by Invictus company .
And STEEM is run by STEEM company .
So . it's ok not to drop on it .
I have to say this is a very strange response from someone who's been around as long as you have. Steem/Steemit/Steemit Inc. is running on code and talent developed for Bitshares. Dan's pitch, and the reason so many invested in PTS/AGS, was that the code base could be used to bootstrap an entire ecosystem of blockchain based projects. Investors would fund development of the initial code base and in return would receive a share in future projects.
The world is a harsh place and I would expect some to profit by abusing the 'social contract' upon which investment in PTS/AGS was premised via any number of schemes (ie. we changed the name on the sign and are no longer on the hook) but to be completely honest the lead dev is the last person I would have expected to do this sort of thing.
Those of us that invested in Dan's vision in the early days did so because his vision was sheer genius - design a generic platform which could be used by others to build an entire economy of block chain based businesses. By funding the creation of the generic platform investors could share in the success of the businesses that were built on top of it.
Steem/Steemit/Steemit Inc. seems to be the first profitable (?) realization of Dan's vision and hot damn, it's hard to believe the Bitshares folks are being left to hang.
Yes, BTS seems to be seeing some buying of late. Yes, the 'select few' that followed Dan are enjoying an influx of capital. All good things. But the social contract that was supposed to transcend the legal/political/corporate fuckery that defines the current state of the world seems to have been shat upon.
Say it ain't so! I've held my investment through brief highs and long, long lows because I believe Bitshares has real potential to level the playing field, globally. Hopefully Dan is having his Skywalker moment of doubt and is dabbling in the dark side.
It ain't so. Do some research. There are innumerable people still working on BitShares, and many of the people working on Steem are also very active in BitShares. If Steem had not been invented, BitShares would have ground to a halt because their were no development funds, and some of the devs NEED TO EAT, and NEED TO FEED THEIR CHILDREN.
There are some very "entitled" people in BitShares who think they are owed something beyond what had been produced by the time development funds ran out (and further funding through dilution - a very common business practice, as in new funding rounds - could not get the required votes).
And look at BitShares Munich, one of the leading sources of BitShares development now. It has brought in thousands of dollars of bitshares development funds for itself BY POSTING ABOUT IT ON STEEMIT.COM and getting upvoted there (when it couldn't raise enough funding by selling its OPENPOS asset on the DEX).
The ignorance sometimes displayed in this forum is stifling.
thanks for your view of an "inside
r".
Aren't you the guy who took month after month of pay from the blockchain to fund his own bitshares-related business startup? And then shut it down?
Yours is the type of ignorance that I am talking about. And your constant negativity and bitterness are not only stifling, but counterproductive.