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Messages - islandking

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331
General Discussion / Re: BTS is getting more competition... Snapcash
« on: November 19, 2014, 03:15:27 pm »
This is dumb. I would never trust snapchat with my debit card/bank info since they got hacked a few times and have poor security.

332
General Discussion / Re: Most secure Linux distro for BTS?
« on: November 15, 2014, 07:59:56 pm »
So any Linux distro will do?

333
Here is the high-level description:

Delegates can campaign to run faucet/proof of person software on their websites and spend a part of the delegate payroll on bringing new users into the system by running a facet and paying some amount of BitUSD per identified user that registers account.
E.g. it can be 80% of the payroll and 10 BitUSD per user/account.
The faucet would work as described below:
1. Somebody visits faucet website
2. There would be a clear call to action (CTA) “Download BitShares client and register an account and get 10 BitUSD for free”
3. Visitor clicks CTA link a goes over proof of person/identity verification process
4a. After finishing step 3 visitor is suggested to download the client and install it
4b. Also visitor gets a ’10 BitUSD coupon link’ to his email address (this link is supported by BitShares client, I’ll elaborate more on this)
5. User (let’s call him or her user from this point) installs BitShares client and clicks on coupon link
6. BitShares client/wallet opens coupon redemption page suggesting user to choose his/her account name
7. After user submits account name, BitShares client communicates with faucet website checking the coupon's validity, if coupon valid the faucet registers user’s account and credits it with 10 BitUSD
8. Faucet generates new coupon, passes it into the client and client suggests user to share it with friends on Facebook, Twitter, forums, etc, each friend that registers account brings additional 5-10 BitUSD to the user, also friend starting from step #1 gets his 10 BitUSD.

Please note that this process solves initial account registration issue - user installs the client only after he or she is proven to have funds to pay account registration fee.


Spending 80% allows each delegate to register no more than 200 users each month within the current market cap, if there would be more users willing to register an account, the faucet can put them on a waiting list.
Having a waiting list makes BitShares looks like something scarce which is good factor for successful marketing campaign, also this process resembles “invitations only” campaigns that were proven to be very successful (think gmail)


Implementation.
1. We need open source faucet/proof of person software that anybody can download and run as a website.
2. This software should be able to generate coupons and have json api to communicate with BitShares client/wallet
3. faucet software should be able to track referral links posted by users
4. BitShares client/wallet should be able to communicate (via JSONP AJAX) with faucet to check and redeem coupons and making faucet to register user’s account.
5. Delegates running this service need make all the records public so the community can audit referral links, coupons generated, etc and vote out non-effective delegates.

Probably it’s too early to run full scale campaigns before we have stable network 1.0, simple lightweight client and on/off ramp services, but we need to try this on a smaller scale sooner rather than later, let’s have a single delegate running this and watch the results, if this would work I’m sure community vote in more delegates running campaigns like this. Also voting in/out delegates may help us to figure out how much we want to pay for user acquisition and how much delegates can collect as compensation.

The major issue with this is that people would download the client on several computers to abuse the $10 reward. They would claim the reward on tons of different computers and then transfer all the funds to their own wallet. People WILL find a way to abuse this.

334
General Discussion / Re: Approve my 100% pay rate delegate
« on: November 13, 2014, 08:00:02 pm »
What are the current plans on enabling voting with cold storage balances?

 +5% I would also like to know this. ^^

335
General Discussion / Re: Counterparty Adds Ethereum Smart Contract Features
« on: November 13, 2014, 01:23:46 pm »
Counterparty has some big issues with it. The only difference between us and them is:

Counterparty: More hype, less tech
Bitshares: Less hype, better tech

In a few years maybe BTS is worth $8/share  8)

336
General Discussion / Re: Most secure Linux distro for BTS?
« on: November 13, 2014, 01:09:08 pm »
 +5% Thank you for the advice!

337
General Discussion / Re: Most secure Linux distro for BTS?
« on: November 13, 2014, 02:09:20 am »
Security from what?

Viruses stealing my BTS.

So the next question is, are you looking for a destop replacement, or just an OS to house the BitShares client?  How much inconvenience are you willing to put up with for this security?

Just an OS that will boot from a USB or CDrom that will just have BTS on it. I just want to be able to use the BTS platform for voting, trading etc. without getting my BTS stolen.

338
General Discussion / Re: The new BitShares.org site is coming soon!
« on: November 13, 2014, 01:59:34 am »
Awesome, the gears are beginning to move.



LOL  :D

339
General Discussion / Re: Most secure Linux distro for BTS?
« on: November 13, 2014, 01:59:08 am »
Security from what?

Viruses stealing my BTS.

340
General Discussion / Re: The new BitShares.org site is coming soon!
« on: November 13, 2014, 01:17:58 am »
http://bitshares.org/

Quote
Please be patient while our site is temporarily under construction.
The new BitShares.org site is coming soon!

Awesome! When will it be finished?

341
General Discussion / Most secure Linux distro for BTS?
« on: November 13, 2014, 01:17:04 am »
What is the most secure linux distro that I can use with BTS?

342
It would be awesome if the dev team was able to make an alternative to the TOR browser using the Keyhotee platform to provide completely anonymous, encrypted internet connections.

TOR is the only software that you can really use right now that offers this, and TOR is extremely controversial as there are some government spying nodes in the TOR network, and there are several theories that TOR has a backdoor. It would really bring a lot of attention to the Bitshares and Keyhotee project if this was implemented.

What do you think?

343
General Discussion / Re: BTS and Tails + TOR?
« on: November 12, 2014, 11:47:08 pm »
I just dream of the day, someone within this community creates something like TOR

Dan (Bytemaster) will be the one to make a bulletproof system that uses Keyhotee to browse 100% anonymously. Just watch he will....

344
General Discussion / BTS and Tails + TOR?
« on: November 12, 2014, 11:42:25 pm »
Hey everyone,
Is it okay to run BTS traffic through TOR. I know that the nodes can technically see my information is TOR okay to use with BTS? Is there anything that a node could view that is personal?
Is it good to run BTS on tails and TOR or should I just stick to my normal internet connection and Ubuntu?

345
General Discussion / Re: How secure is the BTS client? Viruses?
« on: November 12, 2014, 02:07:20 pm »
How secure is the BTS client? Is it likely to get viruses that will steal your coins?
Is it fine to keep your client online by booting on a Linux USB?

The wallet depends upon the security of the host operating system.   If your computer is compromised by a key logger or your password is weak then your funds can be stolen.

Is cold storage offline recommended? The issue with cold storage is that BTS is meant to be used so... its a trade off.

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