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Messages - coolspeed

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301
General Discussion / The infra (library) we really need to compete with ethereum
« on: February 07, 2014, 03:57:13 pm »
Bytemaster says we have Turing complete C++ language which can implement all DACs that possible in a way of much more economic effeciency.

I came up with an idea:

What we really need in competition with ethereum is a compiler that compile their ethereum script codes or ethereum bytecodes to C / C++ codes or even native codes that runs with BTS infras, thus in honor of the PTS / AGS Social Consensus (License).

Don't you think it's really cool?

Or, if anyone think they still have advantage to use, they say, Unity to implement the DACs?

302
General Discussion / Re: BitShares X Status Update
« on: February 02, 2014, 10:20:05 am »
Quote from: bytemaster on February 02, 2014, 04:24:13 am
Today I made more progress on the block generation and validation algorithm.   The wallet has successfully mined a few blocks and the difficulty goes up when there is not enough Proof of Stake. 

Tomorrow I will do the following:
1) Select inputs from your wallet oldest-first so that your transactions can be validated as quickly as possible and contribute the most to securing the chain.
2) Automatically generate transactions to yourself if it will generate enough CDD to reduce the difficulty to the minimum amount.

In response to the question about eliminating mining, I have concluded that ripple-style consensus would have more downsides than straight up POS mining.  Namely, even with 100 nodes people would call it centralized.   I will probably work on a consensus based system in the future, but the POS mining is easier now.

Unlike NXT most of the transactions fees are paid as dividends and only a small portion paid to miners.   Also unlike NXT, everyone is contributing to the security of the network when they make a transaction.

To my understanding, at least in the MVP, the Ripple style consensus and the neural network style positive feedback loop is abandoned. Am I wrong?

If it is true and you have already made the decision, I suppose a more clear and official announcement needs to be made.

303
General Discussion / Re: Bitshares under the hood
« on: February 01, 2014, 12:39:49 pm »
Quote from: bytemaster on January 31, 2014, 05:20:44 am
Quote from: cob on January 31, 2014, 05:11:39 am
And how does the proof of stake differ fron NXT or peercoin?

NXT and Peercoin still use mining, proof of stake simply adjusts the mining difficulty for some users.  This proof of stake has no mining at all and EVERY transaction participates in confirming the network.

So while only a small percentage of the users of NXT or Peercoin participate in securing the network, every user of BTS participates when they send a transaction.

At last, I think I got it and getting more and more confident about what we are doing.

304
中文 (Chinese) / Re: Dan: Bitshares X earn 5% or more on Ether
« on: February 01, 2014, 12:35:20 pm »
bytemaster:
https://bitsharestalk.org/index.php?topic=2671.0

There are two things that need to happen for a block chain to function:

1) Select the transactions that should be included in the next block
2) Make the transaction history irreversible.

#1 can be accomplished using "consensus" though I am tweaking Ripple's algorithm a bit and calling it Unity. 
#2 can be accomplished by using coin days destroyed to make the longest chain irreversible even by the nodes on the Unique Node List

The code will be fully implemented this week for both Unity and Proof of Stake

305
General Discussion / Re: "Turring Complete" functionality for Bitshare DACS?
« on: February 01, 2014, 10:28:45 am »
Quote from: cob on January 30, 2014, 02:53:47 am
Quote from: unlimited_power on January 30, 2014, 02:40:41 am
Quote from: toast on January 30, 2014, 02:01:19 am
Stan your impeccable use of center-align for rhetorical effect never ceases to amaze me

+1

Whoever thought of turning the "plus one" into plus five percent is a genius!

bytemaster proposed to use it as Bitshares brand's new market meme.
https://bitsharestalk.org/index.php?topic=2644.0

306
中文 (Chinese) / Re: Dan: Bitshares X earn 5% or more on Ether
« on: February 01, 2014, 10:15:38 am »
CEO Stan 也懂技术啊，他纠正 bytemaster 说 C++ 不是 library 而是语言。
https://bitsharestalk.org/index.php?topic=2668.msg33202#msg33202

Stan:

Thus, the term "Turing Complete" is just saying that the functions on the block chain are programmable.

This would be important if you were trying to make "one chain to rule them all."

But with our approach, every application can have its own chain and therefore be light-weight, efficient, and independent of the problems of co-existing on the same chain with many different applications.

The only reason to pile lots of applications on one chain is if you are stuck on mining and are worried about having enough mining horsepower to resist attack.  Little DACs team up to collectively have Big DAC Power.

But if you don't mine and therefore don't need Big DAC Power, why exactly would you want to put your DAC's fate in the hands of the collective?


307
中文 (Chinese) / Re: Dan: Bitshares X earn 5% or more on Ether
« on: February 01, 2014, 09:57:00 am »
Quote from: coolspeed on February 01, 2014, 09:55:07 am
bytemaster:

BitShares have a "Turing Complete" library for building new DACs, called C++.  It will enable people to build and launch cheaper, more efficient DACs. 

We can also implement their "Turning Complete" scripting language on top of our platform.

话说 fork 他们的 ethereum language interpreter 到 BTS 生态系统是分分钟的事啊。

308
中文 (Chinese) / Re: Dan: Bitshares X earn 5% or more on Ether
« on: February 01, 2014, 09:55:07 am »
bytemaster:

BitShares have a "Turing Complete" library for building new DACs, called C++.  It will enable people to build and launch cheaper, more efficient DACs. 

We can also implement their "Turning Complete" scripting language on top of our platform.

309
中文 (Chinese) / Re: keyhotee正式版是不是要发布了？上次说的延期一个月时间可是要到了！
« on: February 01, 2014, 09:53:58 am »
Quote from: her0 on January 28, 2014, 12:40:28 am
官方有准确消息吗？我打算挖几个免费的好名字。

Dan 说二月初。
现在主要是创建创世块和获得 founder ID 绑定状态确认的自动化脚本没有就绪。

出处就不贴了。去 keyhotee 版块的主要几个帖的最新跟帖里都能看到。

310
中文 (Chinese) / Re: keyhotee正式版是不是要发布了？上次说的延期一个月时间可是要到了！
« on: February 01, 2014, 09:51:55 am »
Quote from: checkie on January 28, 2014, 03:09:20 am
Quote from: lib on January 28, 2014, 02:24:21 am
楼主说说准备挖哪几个？咱们一起挖 :D

挖是指抢注吗？另id是否可以同名？

Sent from my Coolpad 9970 using Tapatalk 2

不能

311
中文 (Chinese) / Re: 比特币迈阿密大会bitshares专题贴
« on: February 01, 2014, 08:30:31 am »
Quote from: her0 on January 30, 2014, 08:37:14 am
Quote from: Amazon on January 29, 2014, 03:06:39 pm
Quote from: BitShares_BTS on January 29, 2014, 06:01:34 am
Quote from: Amazon on January 28, 2014, 08:59:35 pm
Quote from: cgafeng on January 28, 2014, 08:08:58 am
比特币迈阿密大会上bitshares主要做了什么

大会前一天 有由letstalkbitcoin主办的3方辩论，包括bitshares, mastercoin和ethereum。音频版权由letstalkbitcoin所有。
然后主办了大会第一天结束之后的party及宣传会。Dan宣布了2月28号会计算bitshares X的分配方案，3月作出可运行的bitshares X。同时回答了大概1200人的质询。现场有PTS/AGS/BTSX/Keyhotee的讲解，抽奖，合影。
3月份就发布bitshares X？这么快啊？是测试版还是正式版？3月份200万AGS都还没竞投完啊，个人还是觉得7月或8月份发布比较好

3月份是测试版，但是如果测试版运行正常的话可能就会直接转换为正式版。
这个问题需要澄清，如果测试版直接转换为正式版。在这个链条上ags持有者将获得一半的bts，还有就是PTS在交易平台因为这是测试版没取出来兑换的话就亏大了。因为第一条测试链条上的资产主要是全球主流法币和BTC 3I股份，后面兑换的链条再多估计也没这个链条上的值钱。

所以这条测试链或者说准正式链的启动，需要像启动正式版那样做够事前宣传与邮件通知。如果这条链有可能成为正式版，那这些都是必要的手续步骤。Dan 说他明白这一点。

312
中文 (Chinese) / Re: 比特币迈阿密大会bitshares专题贴
« on: January 29, 2014, 11:16:55 am »
Quote from: alt on January 29, 2014, 11:09:15 am
多块链具体是什么意思呢？
是各个链之间能有数据交互吗？

Quote from: coolspeed on January 29, 2014, 10:23:53 am
三月出来的是准正式版。
意思是说，除非块链跑着跑着挂了，那这个就是最终正式版。
如果不小心块链挂了，不代表这条链就废了。因为 BTS 本来就是多链结构，这条链修修也就继续上了。
正因为 BTS 的多块链结构，BTS 上的链一旦启动，几乎不会死。

关于 200 天 AGS 的疑问，请参考 logxing 介绍 AGS 的置顶帖。

能。

313
中文 (Chinese) / Re: 讨论下2.28的BTS X测试链
« on: January 29, 2014, 10:28:40 am »
Quote from: alt on January 29, 2014, 06:21:57 am
Quote from: bytemaster on January 29, 2014, 05:26:58 am
Yes, we are preparing a mass mailing on this topic.  If BitShares X Test is successful we will simply drop the Test from the name, if it fails in some manner that is unrecoverable then a new snapshot will be used.   Thus the value of the BTS (and BitUSD etc) in the test chain must factor in probability of catastrophic failure and reset of the chain.  It should go up over time as the likelihood of failure decreases. 

This process of launching test networks that "might be final release" networks will continue until all bugs are found.  This is necessary because for a test network to function it must have a non-0 value otherwise bitasset evaluation results in divide by 0 errors.   

Note that having many parallel chains was always in the plan and a version 2 chain with variable interest rates set by market forces will come out later as well.  So some bugs that result in the launch of a new chain may not mean the complete death of the initial test chain.  If the initial test chain has any residual value or can be 'patched' then it might take on a life of its own.
对这个测试方式我觉得很困惑。
2.28初始化的这个测试链，可能因为有严重bug，导致无任何价值。也有可能很成功，直接成为正式版。
没有人知道明天这些 bts 会是什么样的价值，可能一文不值，可能价值不菲。
那么我们在试用这个测试链时，应该以怎样的策略来交易呢？是按10块钱卖还是10000块钱卖？

并且在之后的一段时间，还可能继续发布测试版本，会有多个区块并行运行。

正式版，你也有相同的疑问。你到底应该以什么价格买卖？
所谓用市场调整的意思就是，让你自己看着办。
反正我个人是很清楚，我肯定不会以高于真实美元的价格买，以低于真实美元的价格卖。
刚开始价格肯定波动严重。随着这条链不会作废的可能性越来越加强，市场会越来越理性。
但什么是市场？一万 BTC 买个批萨是市场，用 BTC 买兰博基尼也是市场。

314
中文 (Chinese) / Re: 比特币迈阿密大会bitshares专题贴
« on: January 29, 2014, 10:23:53 am »
三月出来的是准正式版。
意思是说，除非块链跑着跑着挂了，那这个就是最终正式版。
如果不小心块链挂了，不代表这条链就废了。因为 BTS 本来就是多链结构，这条链修修也就继续上了。
正因为 BTS 的多块链结构，BTS 上的链一旦启动，几乎不会死。

关于 200 天 AGS 的疑问，请参考 logxing 介绍 AGS 的置顶帖。

315
中文 (Chinese) / Re: [翻译贴]BitShares状态更新[1.21更新]
« on: January 29, 2014, 10:16:28 am »
BitShares is being interviewed today by The Scientist magazine about DAC's (Decentralized Autonomous Companies).

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