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Messages - monsterer

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286
Stakeholder Proposals / Re: Stealth Transfers Worker Proposal
« on: November 19, 2015, 09:41:14 am »
My "gut" tells me that crypto-diehards are looking for an easy to use ANONYMOUS currency and those of us that are freedom loving actually want and need this.  Our current lack of privacy is a turnoff to many in the crypto and banking world.

I would prefer a proposal which brings bitshares core anonymity up to the state of the art, instead of just an 'also ran':

https://github.com/ShenNoether/MiniNero/blob/master/RingCT0.1_copy.pdf

As mentioned here:

Quote
Privacy/anonymity consists of:

A. unlinkability (can't tell two transactions are to the same recipient): stealth (or just not reusing addresses)
B. untraceability (can't trace paths between tranasctions): ring signatures (or coinjoin, coinswap, though with many complications and hazards, etc.)
C. content privacy (can't see amount being spent): CT (or limited ambiguity of which outputs are change)

Bitshares with CT gives you A and C, but nothing at all for B. Monero gives you A and B, and somewhat C (via ambiguity of change outputs). Monero with ringCT will give A,B, and C, for a comprehensive solution.

287
Update: one of our coin wallets is resyncing, there will be a delay in service while this occurs.

288
Everything should now be resolved :)

289
I'm working to resolve a problem with a stalled coin wallet which is holding up transactions, thank you for your patience :)

290
General Discussion / Re: 1,000,000 ...
« on: November 17, 2015, 06:15:19 pm »
What's the chain size in MB?

291
General Discussion / Re: Bridges, Gateways, and... Mixers
« on: November 17, 2015, 10:02:37 am »
I just wanted to say that the OP is correct - bitshares privacy design isn't as complete as Monero's due to exactly the reasons he stated.

292
General Discussion / Re: [ANN] Metaexchange fee sharing!
« on: November 16, 2015, 06:49:16 pm »
50% of trading fees are used to buy back METAFEES on the open market, thereby distributing our profits to METAFEES holders.

Ok so you basically pay for expenses "from your own pocket" is that right?
[/quote]

50% fees go to METAFEES holders, 25% go to our referral partners, 25% goes to us to cover costs :)

293
We're back. Shortest outage ever. :)

294
Metaexchange service outage: ETA resume operations 1am GMT 16/11/2015

One of our ISPs has a service outage due to be resolved at 1am tomorrow morning, sorry for the inconvenience. Any orders placed now will be pending until that point.

295
General Discussion / Re: [ANN] Metaexchange fee sharing!
« on: November 16, 2015, 04:03:09 pm »
Thanks!

btw am I understanding correctly that you distribute 50% of trading fees to shareholders and the other remaining 50% is used to buy Feeshares on the markets. Where does the profit come when you are distributing 100% of trading fees?

50% of trading fees are used to buy back METAFEES on the open market, thereby distributing our profits to METAFEES holders.

296
General Discussion / Re: [ANN] Metaexchange fee sharing!
« on: November 16, 2015, 03:24:12 pm »
I can create an blockchain.info account thanks
How can I get a METAFEES address on Openledger? I'm new to this stuff
I created an account on Openledger and I saw METAFEES on the assets page but how do I create an address?

Sorry for silly questions but i'm new to bitshares and don't really know how it works.  :D

No problem - you just need your account name on Openledger :)

297
General Discussion / Re: Bitshares paper trading?
« on: November 16, 2015, 02:53:55 pm »
Because there is no cost, and no risk, it only takes 1 person to provide all the liquidity you would ever need.  I wouldn't be surprised to find the demo network more active than the real network, again because there is no cost and no risk.  Someone with no money can't use bitshares proper, however they might be curious with a free demo network.  It would even be interesting for existing bitshares users just to test out whatever experiments are going on.  Especially if there are games and gambling which are taboo (for some reason) on the main network.

Fair enough. Maybe I used to wrong term... I used liquidity to encompass sufficient trading volume + sufficient orderbook depth. ...But I am not opposed to the idea of paper trading in general.

298
General Discussion / Re: [ANN] Metaexchange fee sharing!
« on: November 16, 2015, 02:44:43 pm »
Is it ok to send BTC from exchange to buy METAFEES?
or do i need to download bitcoin client send through it?

It helps to have your own refund address in case something goes wrong with the transfer; have you not got a blockchain.info account?

299
How about we use proof-of-burn to burn real BTC to allow the blockchain to issue a counterparty-risk-free BLOCKCHAIN.BTC, which is a pseudo-BTC that uses the BitShares Blockchain?

Just because something costs X to produce, does not mean it is worth Y - you need redeemability to give it value parity.

300
General Discussion / Re: Bitshares paper trading?
« on: November 16, 2015, 02:34:13 pm »
what do you mean demo liquidity?  If there's no cost to obtaining demo coins, providing liquidity is easy.

We struggle to get general liquidity on the DEX with the maximum number of bitshares users - how we will get anything usable on the demo network with a tiny subset of the userbase?

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