Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - santaclause102

Pages: 1 ... 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 ... 166
406
Technical Support / Re: Meaning of "free to use for BitShares" (license)
« on: June 19, 2015, 08:33:44 pm »
Quote from: bytemaster on June 18, 2015, 05:24:40 pm
It means BitShares (BTS) and not any other token / ledger.
So if I understand this correctly it is allowed to use the graphene toolkit freely for a new chain if the stake is 100% dropped on BTS. Plus of course using graphene to make worker proposals that add features to Bitshares. Is there any other case apart from these two where no permission has to be acquired from CNX to use graphene? Or did I get this completely wrong?

407
Technical Support / Meaning of "free to use for BitShares" (license)
« on: June 18, 2015, 05:20:38 pm »
BM mentioned that graphene is "free to use for Bitshares". How is "Bitshares" exactly defined here? Does it mean: For any chain that is dropping 100% on BTS? What other use cases are there that fall under this free to use category?

408
Stakeholder Proposals / Re: Argentina Team Updates
« on: June 18, 2015, 02:32:26 pm »
Quote from: cylonmaker2053 on June 18, 2015, 02:21:16 pm
I'm very excited to hear about the progress in Argentina. Here in the US, you guys are used as one of the prime examples for where crypto could have its largest impact.

I'll be heading to Central America later this year and hope to set up a beta version of a remittance business, basically empowering a local team with some money, processes, and tools for accepting or dispensing crypto for cash; I'm toying with either using BTC or BTS, but think that, from a purely marketing perspective, it might be easier for locals to adopt bitUSD over BTC bc USD is so pervasive; selling a digital USD seems like an easier sell to me.

What we need is a super simple app, or device, wallet to start distributing. I don't know of any that use bitUSD, but there are plenty of ways to start using BTC; at least, they're all in English that I know of. Do you guys know of any really good Spanish language apps?
You can make a lot of money with the referral program with such a business, see https://bitshares.org/technology/referral-rewards-program/

You may have to shares the referral rewards with the one you programmed the wallet if you don't have your own. You maybe could also use the whitelabel wallet the core devs are preparing...

409
Technical Support / Re: a newbie questions on bitshares be gentle if dumb
« on: June 18, 2015, 02:24:57 pm »
There is also a nice threat here https://bitsharestalk.org/index.php/topic,14528.msg217971.html#new incl. poll :)

The marketplace is decentralized for at least two reasons:
1) (like for example in counterparty) the tx processing / order matching is done on a blockchain.
2) it is possible to have markets in bitassets (for ex.: bitUSD / bitBTC) -> no counterparty risk

No sure what "information" you mean but assets, buy orders, sell orders are all stored on the blockchain.

Quote
if someone clones the coin would they just create another marketplace?
yes

410
Stakeholder Proposals / Re: Argentina Team Updates
« on: June 18, 2015, 01:43:37 pm »
Quote from: Riverhead on June 18, 2015, 01:17:03 pm
Quote from: delulo on June 18, 2015, 12:32:45 pm
Who controls this argentina-marketing-matt608 delegate?

I do until they get their own delegate elected or setup to take this one over. The funds are spooling up with a balance currently of around 200k BTS.
+5%

411
Stakeholder Proposals / Re: Argentina Team Updates
« on: June 18, 2015, 12:32:45 pm »
Who controls this argentina-marketing-matt608 delegate?

412
Technical Support / Re: Multisig & Escrow
« on: June 18, 2015, 12:24:29 pm »
Quote from: fav on June 18, 2015, 12:05:02 pm
Quote from: delulo on June 18, 2015, 10:45:19 am
Makes total sense!
What is silent about it?

that I don't have to know about trades UNTIL there's a dispute. so everyone could add a trusted escrow and only activate it on dispute.
I'd call it dispute resolution service (through mulstisig):)

413
Technical Support / Re: Multisig & Escrow
« on: June 18, 2015, 10:45:19 am »
Makes total sense!
What is silent about it?

414
OpenLedger / Re: [ANN] CCEDK & Bit-X to Revolutionize Cryptocurrency Industry
« on: June 18, 2015, 10:41:27 am »
Quote from: ccedk on June 18, 2015, 10:21:10 am
Quote from: delulo on June 18, 2015, 09:32:18 am
Quote from: cass on June 18, 2015, 07:45:07 am
Quote from: delulo on June 18, 2015, 07:36:55 am
Can I pay with the nano card everywhere mastercard is accepted or where is it accepted?
The article says "anywhere major debit cards are accepted". Would an example for a debit card be my bank card?

Everywhere Mastercard is accepted ...

edit: Is youe Bank Card a debit card? Sry get a bit confused ... was thinking debit cards are prepaid cards.. mh ok if i take a look ..my bank card is a debit card on this definition also ..
debit and prepaid I guess is the same. My bank card is a debit card.
I guess I would actually use the nanocard service if it is accepted anywhere mastercard is accepted

Just a quick comment here. Debit card and prepaid are as such the same if talking fiat as such, but since we are talking bitcoins right now and later on smartcoins for instance as fiat pegged but still crypto it is defined as debit card as the funds will only be converted to fiat at the very moment funds are used/spent either as withdrawal cash or paying bills in restaurants etc. The prepaid card you are acually topping up the card with fiat ready to be used when u need cash.

The nanocard is accepted anywhere mastercard is, and NanoCard is meant now and in future as the brand name for this type of card. Bit-x mentioned would pretty soon ince we are able to activate on CCEDK be changed to CCEDK unless you decide to pay for having it embossed meaning having your name mentioned there instead of either Bit-x or CCEDK
Maybe mention big and fat "accepted anywhere mastercard is accepted" in texts where the nanocard is advertised. I couldn't find this quickly enough.

And there is no need to verify your identity to cash out money at an atm with the nano card?
What means "no limitations" for registered / verified users? See "No verification necessary: No need to verify your identity in order to use the Bitcoin Debit NanoCard (verification will enable unlimited use)." (https://www.ccedk.com/nanocard)

415
General Discussion / Re: [Cointelegraph] - Danish CCEDK Exchange Announces Real-Time Transparent Order B…
« on: June 18, 2015, 09:38:15 am »
Quote from: xeroc on June 18, 2015, 09:14:09 am
There is no pair USD(fiat):bitUSD in the DEX .. as a gateway you can either go FIAT->IOU or FIAT:bitAsset ... the latter requires the exchange to do the orderbooks (thats how ccedk is doing it atm)
to offer fiat:bitasset the exchange would have to buy bitassets and then sell them to the user. after the user has them, he can trade a paid like bitusd/bitbtc (order book managed by bitshares network) for example. No?

BTW, Security concerns are at least as big when the exchange does IOU/IOU because crypto currencies are stored by the exchange equal to the amount of IOUs issued. When the exchange does BitAsset/BitAsset the exchange just has to hold enough crypto currency for daily / weekly cash flow (enough to pay out those that want to cash out crypto currencies).

416
OpenLedger / Re: [ANN] CCEDK & Bit-X to Revolutionize Cryptocurrency Industry
« on: June 18, 2015, 09:32:18 am »
Quote from: cass on June 18, 2015, 07:45:07 am
Quote from: delulo on June 18, 2015, 07:36:55 am
Can I pay with the nano card everywhere mastercard is accepted or where is it accepted?
The article says "anywhere major debit cards are accepted". Would an example for a debit card be my bank card?

Everywhere Mastercard is accepted ...

edit: Is youe Bank Card a debit card? Sry get a bit confused ... was thinking debit cards are prepaid cards.. mh ok if i take a look ..my bank card is a debit card on this definition also ..
debit and prepaid I guess is the same. My bank card is a debit card.
I guess I would actually use the nanocard service if it is accepted anywhere mastercard is accepted

417
General Discussion / Re: [Cointelegraph] - Danish CCEDK Exchange Announces Real-Time Transparent Order B…
« on: June 18, 2015, 08:54:15 am »
Quote from: xeroc on June 18, 2015, 07:55:56 am
another issue when trading bitassets directly is that the exchanges has to do order matchimg and store balamces .. which could be easier handled by the dex ..

I guess its a matter of juristiction and costumer's preferences
why is that?
order matching should be no different whether the order book is a) bitasset / bitasset or b) IOU/UIA / IOU/UIA

418
General Discussion / Re: FUD ALERT!
« on: June 18, 2015, 07:43:20 am »
Quote from: xeroc on June 18, 2015, 06:15:30 am
Quote from: fav on June 18, 2015, 04:45:32 am
reasning with r/bitcoin is a waste of time and energy in my opinion.
I learnd this the hard way.
+5%
Also see https://bitsharestalk.org/index.php/topic,14528.0/viewresults.html reddit isnt a major source

419
OpenLedger / Re: [ANN] CCEDK & Bit-X to Revolutionize Cryptocurrency Industry
« on: June 18, 2015, 07:36:55 am »
Can I pay with the nano card everywhere mastercard is accepted or where is it accepted?
The article says "anywhere major debit cards are accepted". Would an example for a debit card be my bank card?

420
General Discussion / Re: [Cointelegraph] - Danish CCEDK Exchange Announces Real-Time Transparent Order B…
« on: June 18, 2015, 07:35:28 am »
Quote from: xeroc on June 18, 2015, 06:11:01 am
Quote from: delulo on June 17, 2015, 09:16:18 pm
Quote from: xeroc on June 17, 2015, 04:51:42 pm
Quote from: delulo on June 17, 2015, 03:48:45 pm
Where does it explain how it works (proving solvency)?
I would understand how it works if the order book was in BitUSD / cryptoassets?
Good catch ... exchanges that offer a IOU cannot easily proof solvency ... technically they could issue any amount of IOUs .. unless they do multisig/corporate ids with a 3rd party accounting firm..
exactly...
let's go for a fully decentralized / counterparty free exchange with bitassets :)
That however has two difficulties:
a) legal issues because you cannot 'control' bitaasets as opposed to IOUs and
b) security concerns. when you get hacked you have no way to halt markets and get back the funds (which again is solved by the control you have over IOUs)

So IMHO it makes sense to issue an IOU and proof solvency differently .. e.g. by a third party that has read acceas to you bank accounts. Also, the amount of issued IOUs is known to the blockchain/smartchain
a) It might have even less legal issues because you merely 'sell' USD für BitUSD. No customer funds are held then in USD. 
b) the question here is: do you really hold btc when you sell bitbtc for btc? you (the exchange) need to hold some btc probabaly for your cash flow. hmmm

maybe an exchange could offer both: counterparty risk free (bitassets) trading and IOU trading?

Pages: 1 ... 21 22 23 24 25 26 27 [28] 29 30 31 32 33 34 35 ... 166

Page created in 0.031 seconds with 24 queries.