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General Discussion / Re: Bitcloud, the protocol of Wetube, PROOF OF BANDWIDTH
« on: January 23, 2014, 02:25:17 pm »Pretty sure they aren't. If they were, he would have likely said it. :/
Not that it matters. Invictus is going to do well for all investors who hold it...and that value of DACs like BitCloud and WeTube will likely float on the bitshares market. Now if they are....it might be worth investing a few of my Protoshares for a favorable +% of initial money supply created in their DAC at launch (and possibly over time), but otherwise I'll probably watch it from afar (and check out their freenode).
Just MHO...
If we are not Invitus, why would us want to use PTS?
If we have to premine something, it should be under our conditions, and we are going to be really open in this regard.
In fact, our mining procedure is quite different: we mine bandwidth, so it has no sense to use PTS.
Please, have a look at the new updates:
Economic model:
https://github.com/wetube/bitcloud/blob/master/economic-model.org
Protocol:
https://github.com/wetube/bitcloud/blob/master/bitcloud.org
Proof of bandwidth:
https://github.com/wetube/bitcloud/blob/master/proof-of-bandwidth.org
And most importantly, please join our forum:
http://talk.bitcloudproject.org/