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BitShares PTS / Re: BitShares-PTS 1.0 Release (2.18.2014)
« on: March 29, 2014, 12:07:26 pm »
Is Wine still the best option for Linux? Or a Windows WM?
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Assumptions:
With the shares system we have an easy way to vote on anything.
With the TaPOS system the transaction ledger becomes immutable automatically over time as the ledger is confirmed by everyone on the network.
Generating the next block should be as efficient as possible to maximize dividends.
Transaction validation should be as quick as possible.
Solution:
Shareholders vote (off chain) on a trustee.
Trustee generates blocks every 30 seconds (or at will..... no need to require any particular rate)
If trustee is compromised or shutdown, shareholders can elect a new trustee by broadcasting their vote.
Once a new trustee has 51% of the shareholders support the network continues.
As a trustee you cannot double spend (you will be caught and fired).
As a trustee you cannot perform Denial of Service without being caught and fired.
As a trustee you cannot be coerced without being let go.
As a shareholder this maximizes your value (dividends, transaction speed, no potential of forks).
A trustee is not a paid position and requires almost no resources to run. A trustee could even operate behind a tor node.
The result is like a 'constitutional company' where the laws are entirely defined in the constitution and the 'president' can be recalled at any time and has almost no power even when in office.
This same process can be used to resolve when a hard fork goes into effect.
Thoughts?
Does this have the potential to delay the release of ME/XTS/Lotto/DNS .? I assumed the end of March for the first DAC (ME) to be released...
anyone to comment on this?
This change has accelerated the process. I think I could release something prior to going to NYC... but don't want to launch a chain and then be gone on travel for a week.
I think I will launch the test-test prior to NYC... then the real XT network when I get back. Of course all software development times are estimates.
Name: William
Ort: NRW,Germany
Skills: software design, Code, Test. software Verkauf. Ich spreche in English, Chinesisch und Deutsch.
Erfahrungslevel: 10 Jahre software R&D. 5 Jahre software Verkauf.
Cryptowelt: Einstieg Anfang 2013, intensiviert。
Freischaffend.
Assumptions:
With the shares system we have an easy way to vote on anything.
With the TaPOS system the transaction ledger becomes immutable automatically over time as the ledger is confirmed by everyone on the network.
Generating the next block should be as efficient as possible to maximize dividends.
Transaction validation should be as quick as possible.
Solution:
Shareholders vote (off chain) on a trustee.
Trustee generates blocks every 30 seconds (or at will..... no need to require any particular rate)
If trustee is compromised or shutdown, shareholders can elect a new trustee by broadcasting their vote.
Once a new trustee has 51% of the shareholders support the network continues.
As a trustee you cannot double spend (you will be caught and fired).
As a trustee you cannot perform Denial of Service without being caught and fired.
As a trustee you cannot be coerced without being let go.
As a shareholder this maximizes your value (dividends, transaction speed, no potential of forks).
A trustee is not a paid position and requires almost no resources to run. A trustee could even operate behind a tor node.
The result is like a 'constitutional company' where the laws are entirely defined in the constitution and the 'president' can be recalled at any time and has almost no power even when in office.
This same process can be used to resolve when a hard fork goes into effect.
Thoughts?
Does this have the potential to delay the release of ME/XTS/Lotto/DNS .? I assumed the end of March for the first DAC (ME) to be released...
In case you havn't noticed yet the majority doesnt want to change or alter the name, you are in the "weak" blockchain fork.
So, please leave the name alone unless you have good arguments. And dont forget that keyhotee's true power will come from what it will offer to its users, this is revolulotionary, so please stop trying to treat it like a normal mail service that needs a "good" name in order to succeed. Keyhotee is doomed to SUCCED and already has the best name IMO.
Apology for poor english.
Your English is not bad at all. Just a few misspellings, no grammatical errors.
But to the point: It's actually not that simple! Currently 28 people want to change the name (given the 3 choices, none of which were all that great IMHO) while 24 want to keep it. So the majority actually wants to change it, they just didn't agree on what to change it to.
That's not correct. 4 ppl prefer BitMail, 13 prefer BitKey, 12 prefer KeyMail, 25 prefer Keyhotee. This doesn't mean for example that the 13 that prefer BitKey would choose KeyMail over Keyhotee. Precisely: They just said, that in a given case (and the poll question assumes as it would be a given case; which contradicts the option for Keyhotee again), they prefer the Name they choose...
Other problem: Keyhotee was added to the poll when half of the votes where given, which might have had an effect.
Other than that: 37 people here on the forum can hardly represent all AGS/PTS holders.
All of this is true. It was somewhat of a flawed poll. But I think it's telling that slightly over 1/2 of the people who come here, on the Bitshares forum, in the Keyhotee section, think that it should be changed from Keyhotee to something else.
But I think it's telling that slightly over 1/2 of the people who come here, on the Bitshares forum, in the Keyhotee section, think that it should be changed from Keyhotee to something else.
With proof of stake your private key is your proof.
Sent from my iPhone using Tapatalk
Assumptions:
With the shares system we have an easy way to vote on anything.
With the TaPOS system the transaction ledger becomes immutable automatically over time as the ledger is confirmed by everyone on the network.
Generating the next block should be as efficient as possible to maximize dividends.
Transaction validation should be as quick as possible.
Solution:
Shareholders vote (off chain) on a trustee.
Trustee generates blocks every 30 seconds (or at will..... no need to require any particular rate)
If trustee is compromised or shutdown, shareholders can elect a new trustee by broadcasting their vote.
Once a new trustee has 51% of the shareholders support the network continues.
As a trustee you cannot double spend (you will be caught and fired).
As a trustee you cannot perform Denial of Service without being caught and fired.
As a trustee you cannot be coerced without being let go.
As a shareholder this maximizes your value (dividends, transaction speed, no potential of forks).
A trustee is not a paid position and requires almost no resources to run. A trustee could even operate behind a tor node.
The result is like a 'constitutional company' where the laws are entirely defined in the constitution and the 'president' can be recalled at any time and has almost no power even when in office.
This same process can be used to resolve when a hard fork goes into effect.
Thoughts?
In case you havn't noticed yet the majority doesnt want to change or alter the name, you are in the "weak" blockchain fork.
So, please leave the name alone unless you have good arguments. And dont forget that keyhotee's true power will come from what it will offer to its users, this is revolulotionary, so please stop trying to treat it like a normal mail service that needs a "good" name in order to succeed. Keyhotee is doomed to SUCCED and already has the best name IMO.
Apology for poor english.
Your English is not bad at all. Just a few misspellings, no grammatical errors.
But to the point: It's actually not that simple! Currently 28 people want to change the name (given the 3 choices, none of which were all that great IMHO) while 24 want to keep it. So the majority actually wants to change it, they just didn't agree on what to change it to.
Heads up...
I've posted 6 BitShares FAQ Animated Videos
http://www.youtube.com/playlist?list=PL5JEewc0v87VMXWwGBsiRZRCzfx3wpwOP
I've improved on the text to speech actors, but there is no substitute for the human voice (yet). Translations are in the works for several languages. I likely will not have time to sync the speech and actors lips for the various languages. Instead I'll simply use a dubbed translation track with the video.
Feel free to throw tomatoes and/or other garden veggies, no bottles please.
Hihi
preaching style
I can see that, I was shooting for a little Yang to offset the cartoon whimsical Yin aspect. I actually thought of lightening it up a bit near the end. I'll work on that.
Thanks for the feedback.
Heads up...
I've posted 6 BitShares FAQ Animated Videos
http://www.youtube.com/playlist?list=PL5JEewc0v87VMXWwGBsiRZRCzfx3wpwOP
I've improved on the text to speech actors, but there is no substitute for the human voice (yet). Translations are in the works for several languages. I likely will not have time to sync the speech and actors lips for the various languages. Instead I'll simply use a dubbed translation track with the video.
Feel free to throw tomatoes and/or other garden veggies, no bottles please.
That's not a fair poll. You should include Keyhotee as an option tooAgree
The option to leave it alone is voting for Keyhotee.