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Messages - Empirical1.1

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391
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 26, 2014, 04:02:22 am »
@people who prefer the name spark:  There is already an altcoin called spark.

Theres also a bitcoin remittance business already called bitspark.

Well if there's an altcoin named Spark it means their units are probably called Sparks too... So I guess Sparkle will be sending 'Sparkles.'

392
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 26, 2014, 03:49:48 am »
+5% I would prefer the name to be Spark personally, it is much better.

Sparks are the unit, Sparkle is the system.  It keeps things separate vs all of the confusion of Bitcoin vs BTC.   BitShare vs BitShares vs bitshare vs bitshares vs BTS.

I don't want to overload the name.

I still think spark is cool for main brand name, though if the unit is called a spark that's something at least.










393
General Discussion / Re: Delegates owner jurisdictions
« on: November 26, 2014, 02:13:53 am »
What would be interesting to see at some stage as the delegate system starts fleshing out is an attempt to put currently elected delegates into some sort of organisational chart updated monthly.

It would start to make the self funding DAC system visually a lot more comprehensible & compelling.



A section where developers are listed, pay rate, identity if disclosed, what they work on, same for marketing and sales. (There will probably only be a manageable number of 'employee delegates' the rest will be security delegates, that help secure and decentralise the system.)

394
General Discussion / Re: Community Marketing Newsletter - 11-24 - 1
« on: November 26, 2014, 01:02:48 am »
 +5% Looks good, great work.

396
General Discussion / Re: Escrow Passes Basic Testing
« on: November 25, 2014, 03:45:42 am »
 +5%

397
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 25, 2014, 02:03:47 am »
Apologies for the offence Mira :) The crypto-equity & currency demographic is 90%+ male and will remain predominantly male even as it expands into other key markets in the next few years. So something masculine/neutral is better than something overly feminine from a branding POV & 'Sparkle/s' is particularly feminine.

As a male, I have to say that I think sparkle is a far better name than spark. 

I am also sad that the creator of this coin apparently really hates BTS.  It wouldve been fun trying to create pony memes for it. :P

Yip, your answer highlighted the only way the brand name works, as a meme/joke. Like make it really pink, sparkly with pony memes & calling their wallet a purse  :P  'Damn bro, my pink purse is all out of sparkles!'

I disagree. This does not force us in any way to constain us to a meme. We are only constrained by our own willingness to reimagine everything. 

Sure, though, we could definitely be effective approaching it that way if done right.

I personally imagine  that "the more you know" symbol:



Only with the rainbow spun around in an ascending spiral with the star in the middle, and whatever coin it is sharedropped on encased by the golden star (so people know it meets minimum requirements to be called... " powered by BitShares ").

I like the vision :)

What would be interesting is to see what the connotation is to 'Sparkle' in China. My impression is that besides being a 90%+ male demographic too, they are also a more patriarchal, masculine society in general.

I also recently discussed BitShares a lot on bitcointalk, there's very little understanding & penetration of BitShares in the wider alt-coin market at all imo. This is an opportunity ofc but it also makes me ask where we got our earlier $80 million+ valuation from and how are we still at no.4? the answer for me, also looking at the PTS volumes since the beginning of the year is China.

Some say China was key in Bitcoin's rise to $1000 each and Litecoin's rise to a $Billion+ CAP. So for me if I think China loves it, I'm buying hand over fist, they're the lowest hanging fruit and will be the ones that take this or a BitAsset competitor to no.2 first imo.

398
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 25, 2014, 12:26:11 am »
Apologies for the offence Mira :) The crypto-equity & currency demographic is 90%+ male and will remain predominantly male even as it expands into other key markets in the next few years. So something masculine/neutral is better than something overly feminine from a branding POV & 'Sparkle/s' is particularly feminine.

As a male, I have to say that I think sparkle is a far better name than spark. 

I am also sad that the creator of this coin apparently really hates BTS.  It wouldve been fun trying to create pony memes for it. :P

Yip, your answer highlighted the only way the brand name works, as a meme/joke. Like make it really pink, sparkly with pony memes & calling their wallet a purse  :P  'Damn bro, my pink purse is all out of sparkles!'

(OP's sharedrop decision is just branding and marketing again. BitShares is a competitive DAC, it tries to poach the best devs, potentially merge competitors and copies/cannibalises the best features out there regardless of whether it gets sharedropped on. It's not designed/marketed/funnelled to be a sharedropping token for DAC savvy supporters like PTS and AGS were.)

399
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 24, 2014, 11:52:31 pm »
Regards the name, Sparkle sounds quite feminine. Have you considered just 'Spark'. That sounds more masculine and impactful. Spark a fire/revolution/idea etc.

 'All you need is a Spark'

Good grief!   ::)   Your comment sparked me.   

I would think it's empirically obvious that feminine IS impactful.  What's your problem with feminine?  And anyway, I don't particularly like the name BitShares, but think it would be silly to get sidetracked by aesthetics instead of finding out if it were a worthwhile thing or not.

Apologies for the offence Mira :) The crypto-equity & currency demographic is 90%+ male and will remain predominantly male even as it expands into other key markets in the next few years. So something masculine/neutral is better than something overly feminine from a branding POV & 'Sparkle/s' is particularly feminine.

Your POV about focusing on the technology/whether it would work vs. aesthetics is valid. Once the tech is out there though (& Sparkle is mostly a clone), it comes down to who can sell it the best. Which is branding and marketing.

(Donkeypongs signature revised for the brand Sparkle gives you an idea of the issue - https://bitsharestalk.org/index.php?topic=11662.msg153882#msg153882)

400
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 24, 2014, 11:20:55 pm »
If anyone is paying attention outside this little community, they will see that counterparty is now a protocol layered over 3 coins (at least...) and growing.  BTC, DOGE and now Vericoin are using CounterParty protocol for their --Party coins. 

They are essentially giving it away to people who mine and they have a means by which they can have people burn their tokens to buy into it, thus getting a stake.  However, Counterparty is severely limited in what it can do--limited by the constraints of the chains on which it resides. 

Sparkle could be used for us to clone to hundreds of POW coins, and the original communities could have 80% stake while the rest is sharedropped equally on PTS/AGS/BTS/Sparkle holders.  This could be a very good strategy to prepare other communities for a later switch to full DPOS.  Try not to get caught up in the numbers sharedropped...

Let's just consider the simple fact that if we do not let our protocol spread far and wide, we are far less likely to see mass adoption that we want to see.  Not only that...but I can assure you counterparty will continue spreading, which is fine...if you want to watch their devs getting rich from the sidelines.  I for one am all for giving the technology to other communities and sincerely hope we see some forks coming out of this and honoring other coins.  If people open their eyes and see the writing on the wall, it is worth receiving a smaller cut of many other chains with something like Sparkle Clones than to just do nothing.  This is another tool in our toolbox and I hope we use it to full effect.

Does anyone know of a Dev we could pay with a 100% delegate to clone "Sparkles" to every POW chain out there?

Good points about Counterparty. We throw a lot of trash talk at POW, but as I said before even though Counterparty burnt all of their development funding, have no inflation and are tied to 'Proof of Waste', they've managed to give me 1200%+ returns on my proof of burn stake this year. So I'm glad I diversified a bit.

401
 +5% +5% I agree BitAssets will change the world!

I'm very glad to hear senior members of the Chinese community & DacSun are behind BitShares & BitCNY and have a plan to help & promote its success.

This is very positive news. If I see a lot of the Chinese community responding positively to this, it will be the kind of thing that makes me take a very heavy position in BitShares regardless of some of my other concerns.

402
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 24, 2014, 06:11:23 pm »

Regards the name, Sparkle sounds quite feminine. Have you considered just 'Spark'. That sounds more masculine and impactful. Spark a fire/revolution/idea etc.

 'All you need is a Spark'

Sparkplug?




Or think of your own signature with Sparkles...

Quote
Paper money is for cleaning oneself. Real Men use BitUSD.
Ain't no BS in BTS. Get yo'self a wallet and start savin'.

Paper money is for cleaning oneself. Real Men use SparkleUSD.
Ain't no BS in Sparkle. Get yo'self a sparkly wallet and start saving'



403
Very good point.

I think, for all its flaws at the moment Bitcoin has an advantage over BitShares because they have separate controllers who are well incentivised to manage the security of the system on behalf of the users  & are locked in by Bitcoin's supply curve. (So a majority miner can't change the rules without destroying Bitcoins value.) The problem POW  has is how to decentralise security & charge much less for the service.

With 101 delegates,  BitShares seemed to solve that, except BitShares expects users to manage a complex system, which hasn't really worked yet in practice (voter apathy), especially without any direct incentives to vote vs. not voting.

Once BitAssets go mainstream there will be separation just like in Bitcoin of mainstream apathetic users who will mostly be BitAsset holders vs. controllers (BTS holders) but without being locked into a supply curve like BitCoin, BTS may be diluted to the benefit of the most powerful & active stakeholders.

Your suggestion is a potential good solution as well as perhaps incentives to vote to maximise participation, cold storage voting options (next update :) ) as well as, most importantly in my view, either mainstream marketed no dilution or a fixed forever supply curve. That way just like Bitcoin, even if there were large stake holder blocks, they couldn't change the dilution in favour of themselves without destroying BitShares' value.

404
General Discussion / Re: Sparkle - Because real money sparkles!
« on: November 24, 2014, 12:53:37 pm »
Sparkle is fully honoring AGS/PTS in recognition of their support and belief in many 3rd party DACs.   BitShares will not be honored because of their view of everything else as competition.   

This makes a lot of sense to me. I think this will be positively received in the Chinese community too.
You obviously understand the market and marketing. 30/30/30 as you mentioned later should work too.

Regards the name, Sparkle sounds quite feminine. Have you considered just 'Spark'. That sounds more masculine and impactful. Spark a fire/revolution/idea etc.

I am a big fan of PTS/AGS as I was one of the first to be entranced by them...but I will gladly do anything I do to help get BTS shareholders a slice of the pie.  It doesn't really do too much difference to me either way as I am pretty much diversified across all of them...but I do believe that as long as BTS community helps support it that they deserve a bit of the stake. 

Plus...this is a good opportunity to teach new BTS holders the value of working to show we deserve to be sharedropped on.  I believe if we all took this vantage point and really asked ourselves what we each have done to deserve to be honored...and honestly answer these quesions, we would likely surpass our competitors within a year in terms of network effect.

 +5% Yeah that's why I think 1/3 each could work too. But OP is correct, AGS & PTS are specifically and carefully marketed and funnelled to be DAC savvy supporters. I'm also of the opinion, BTS is still currently valued at less than the sum of its parts were, which suggests that you may want to sharedrop pre-merger to maximise value. I also think it will appeal to the Chinese community more.

[hint hint]
Sounds like you have missed how sprakly is handling your favorite issue.

...now biggie from 20% to 60% inflation in less than 24h...but still reasonable  :), but who knows after 36h or god forbid 1 week  ;)
Just saying it might get very masculine and impactful
  :)
[/hint hint]
 :)

Yes the inflation model for Sparkle is quite high for me and I also think POW is probably doomed medium term+.

But as long as the inflation is defined and set in, I prefer it to dilution which can be changed. (Once BitShares has a mainstream BitAsset market, that doesn't care about BitShares on the back end, there's a risk large stakeholders can dilute you a lot more than Sparkle unless BitShares markets itself as having a fixed future supply.)

I love 50/50 allocation. So happy :D
I also like this
what a specific function this DAC support ,or just a copy?

I guess Sparkle is a kind of experiment that examines whether PoW can survive  in the future. ;)

Yip, I see it as an experiment about whether POW is better at driving network effect. It will be interesting. Personally the one thing I'm a 100% convinced on is that BitAssets will change the world. The only question is which model will bootstrap them first. Most of my money is still on BitShares but I'm hedging in competitors too.

405
General Discussion / Re: Vote for marketing.methodx
« on: November 24, 2014, 12:34:41 pm »
 +5% You'll have my vote, though most of my remaining stake is in cold storage, but there's a solution in the next update it seems...

Yup. I haven't voted with most of my stake yet either. Next update will have a simple cold storage / voter key solution.

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