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General Discussion / Re: AMAZING article on Bitshares and Reddit Thread: Chime in, please!!!
« on: April 19, 2014, 05:08:10 am »I thought it made sense and that newmine has some good points
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![+5%](http://bitsharestalk.org/Smileys/aaron/5percent.png)
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I thought it made sense and that newmine has some good points
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The biggest problem right now is the 28 Feb snapshot. As we get farther away from the date, it keeps looking worse (and is generating a lot of heartache amongst investors) and creating more pressure on Dan and co.Yep, it really annoys me.
Having value trap in a black hole during an undetermined period of time was not part of the deal. Having value stuck is reeeeally annoying, especially in the cryptospace where things move very fast. If I didn't mind having my value be illiquid I would have buy more AGS, my portfolio was skewed toward PTS for a reason.
Is having your AGS being illiquid for 2-3 months really the end of the world? You know your returns are going to be huge once the product is released. The only thing Im annoyed about is that I didnt donate more.
What really annoys me is that we don't have 100 DACs deployed already occupying the top 100 slots at coinmarketcap.com.
It also annoys me that we don't have our own electric car and space launch companies and our own decentralized sovereign nation somewhere in international waters, perhaps conveniently located on the floor of the Pacific Ocean.
Having all that value trapped in bytemaster's head and only a tiny low-bandwidth output port: The BitShares Industry.
Then there's that whole "change the world" agenda.
Like I used to ask my parents from the back of the car... "Are we there yet?"
The blockchain will enforce the rule that no delegate be given more than 2% of the vote... transactions that give more are rejected.
More details about how the client automatically identifies misbehaving nodes and votes against them:
http://bitshares.org/documentation/group__dpos.html
QuoteI share in the concerns of taking on to much at once
This is why I am attempting to spin up independent developers / teams around various DACs. BitShares Music has its own momentum now, as does DNS, Lotto, etc.
So I think things will pay off in the months ahead... it just takes time to get this boat moving... more time than many would like. But once we are up to speed it will be tough to stop us,
I'll wait a year for a solid product...though I do not think the cryptocommunity will.amen.one more push, give us that XT with dpos testnet then go preach
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If they have a solution for this based on sound economics then it may be applicable.
I will look closer. Bitcoin will have to move away from pow to survive.
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The blockchain technology, as I see it, provides for the construction of a decentralizing incentive structure.
In the world I am envisioning, there would be a mixture of at-home "single farms"--as you put it--and there could be a far larger, local "community farm" that would gain value from the data-points received from each single farm's monitoring equipment. In this way, the entire ecosystem could quickly learn of any potential destructive force (diseases, pests...etc) that might undermine its stability and, much like the human immune system defends from unknown invaders, use the information gained from one member of the network to make the entire network more robust against that particular attack.
We talked with maidsafe today and will be using our Dns system and they will be consulting with us on the economics of their system.
In the end the mastercoin ipo will be insignificant compared to our partnership potential.
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From the BitShares fb page, looks like byte is crushing it at the IBC