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Messages - santaclause102

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436
If you are confident talking about it:
What is the investor funding the dev team atm getting in return?

437
Technical Support / compiling on linux -> locale issue
« on: June 03, 2015, 10:02:48 pm »
Hi,

so I attempted to compile according to this https://github.com/BitShares/bitshares/blob/master/BUILD_UBUNTU.md on a debian 64 bit system.

There is a newly added instruction
Code: [Select]
export LC_ALL="en_US.UTF-8"Doing this produced the follwoing error for me: "warning setlocale lc_all cannot change locale (en_us.utf-8)" (I left out a few signs because that is from memory). 
I ignored it... and compiled (make).
Later in the make process I got an error that might be related to the above or not. I dont have an internet connection on the respective machine and didnt want to type it all so here is a photo I made of the error message: http://imgur.com/SGQ7FaX
Don't be confused by the blue background. The blue and the grey background are the same. The blue is marked stuff...

Whats wrong? What should I do? Can I give more information?

Thanks for your help!

438
Welcome Daniel!
I read the Bitcoin Magazin and the Coindesk Artile on Corona.
Two questions:
1) What blockchain will the dapps run on that where funded through Corona?
2) Will a dapp funded by corona only be usable by its funders?

439
Quote
This would be a great opportunity for Will to form a DAC and utilize UIA's for this funding, yes?
There was a beyond bitcoin episode where a guy who wants to do hardware for bitshares (routers etc) spoke up and BM discussed the question above. Fuzzy might remember which episode that was... ?

Faddat.  From MetaDev.  Used to be called DAWN, until they gained  their own campus and production grounds.  Now they are focusing on doing quite a bit more in an open and emergent way.  Pretty cool actually because they have picked up more than a few people and also extra funding.

We had his hangout friday...but his headphones were cutting out so badly that we had to reschedule (and kindly ask him to get a new set).  The hangout is next week.
Dawn... that was the name. Thanks!
Here is the hangout where BM talks about how to make a company operational (share allocation and shareholder voting procedure mostly) within Bitshares: https://soundcloud.com/beyond-bitcoin-hangouts/beyond-bitcoin-01-30-2015-dev-hangout-edited

440
Quote
This would be a great opportunity for Will to form a DAC and utilize UIA's for this funding, yes?
There was a beyond bitcoin episode where a guy who wants to do hardware for bitshares (routers etc) spoke up and BM discussed the question above. Fuzzy might remember which episode that was... ? 

441
Thanks for the heads up. I've been in touch with Adam for a while and would run through the concept with him later today.
I've also been looking at the referral program, but I'll wait until the big announcements are made before I take a shot at it as product changes could affect business cycles within FS.

I've internally been discussing Moonstone for a fund raiser of sorts for a few projects we have in our pipe-line but its too early to spill the beans on those at the moment.
Seems you know more than me ;)
Maybe others can share information we dont known...

442
General Discussion / Re: Research Help
« on: May 21, 2015, 09:27:09 pm »
This thread is a rabbit hole of whitepapers. Awesome!!

Read this report on a flight today. The report dicusses different ways to classify projects using blockchain ledgers in centralized and decentralized manners. BitShares was mentioned once (in reference to Pactum). Use cases in the financial system are described as well. Good job Tim.

http://www.ofnumbers.com/wp-content/uploads/2015/04/Permissioned-distributed-ledgers.pdf
We're the guys behind Pactum btw.

The report says it is tokenless but also uses DPOS. Can you talk about what mechanism you use to vote for delegates in a tokenless DPOS?

For DPOS to work you need shares (a percentage of ownership which everybody agrees on). This percentage can be dynamic and the result of a contract rather than fixed tokens. In Pactum's case it represents the a specific ratio of past reimbursement of IOUs towards all other players in the game.

Pactum's goal is to assign in a distributed and P2P trustless manner counterparty risk coefficients to any state machines (blockchains, servers, smart contracts, governments, companies, legal systems, etc). These coefficients can then be for risk hedging between state machines.
The side-effect is that it organically creates a global unit of account, by definition stable and independent of any governments. This unit of account can be used by any bitAsset or stable-coin system as the ultimate price feed.

We believe that without such a risk determining and hedging mechanism you can't have "an internet of blockchains" nor true globalization of commerce.
I have gotten an idea of the message in your post but did not understand it fully. Would you / Can you talk in more detail about that in a mumble hangout or here on the forum? What are the specific use cases of Pactum?

443
Stakeholder Proposals / Re: Delegate Presentation base framework
« on: May 21, 2015, 04:36:33 pm »
It would make great sense! Is the intention to make a standard regarding transparency etc. every delegate should follow? I made this proposal once https://bitsharestalk.org/index.php?topic=11547.0

444
Sounds like a great application for colored coins (on whatever crypto platform)!

With Bitshares you would have additional income from the referral program: The more (active) users you get to download the Bitshares client the more do you get paid. A lot of restructuring that is geared towards businesses that use Bitshares and bring in users is to be announced this summer. I would strongly recommend listening to the hangout with Bytemaster where he explains the referral program: https://beyondbitcoin.org/developer-hangout-with-bytemaster-april-24-2015/
Instead of applying for a delegate positions like it has been in the past you get paid per user you sign up...

Another point might be the growing infrastructure to verify users (if you need to know whether a user that participates in a poll is a unique user etc.). Adam Ernest (look for Hangout with Adam Ernest on beyondbitcoinshow.com) and Moonstone / Bitsaphire (https://youtu.be/-sDU-ooXq-E?t=20m23s) working on id verification.

Moonstone might be interesting to integrate with too (see the video about moonstone above; somewhere in there he also talks about the modular design (freebieservers could be installed as an extension if you have more than UIA) and moonstone will be able to hold bitshares, any bitasset as well as Bitcoin so you can bring bitcoin holders to your platform). The moonstone interview was worth listening to in general...

Just a few thoughts :)

445
Muse/SoundDAC / Re: NOTES are listed ar CMC
« on: May 21, 2015, 10:55:28 am »
We've been pretty clear that peertracks will not be all public in the way bitshares is, and are giving everyone an opportunity to get out (at higher than the crowdsale price no less) if they don't like that

is this FUD ? Any reason for doing this?
I really can't believe what I am reading!  :-[

It's because there's no point answering to huge groups of stakeholders we don't know who only care about short-term returns and generally act like a hivemind. We would rather start at a low price and have real growth than to have a huge speculative market with a potential for big losses for everyone.
I am completely fine with not being completely public and a low price and long term real growth!

The only thing I would like to know is whether the peertracks team's profit / monetazation model is to increase the value of notes? I.e. whether the incentives between note holders and the peertracks team are aligned?

446
MetaExchange is a DAC that runs on the BTS blockchain isn't it?
Doesn't anyone here know how to setup a DAC on the BTS blockchain? Step by step?
A DAC is merely an ANALOGY for what Bitcoin and Bitshares and all "decentralized" blockchain networks are.
The analogy was created as a counteranalogy to Bitcoin's "bitcoins are money (or digital gold) analogy".
This describes well how the term DAC has to be understood: https://letstalkbitcoin.com/a-bitrose-by-any-other-name/
AFTER having read the article above I would watch this: https://www.youtube.com/watch?v=QG-CcbtwKKU

447
Stakeholder Proposals / Re: Review Methodx and pc delegates
« on: May 20, 2015, 07:02:14 pm »

I like that PC charges what he is worth, even if it highlights our self created system problems as much as anything.  It's not his fault that the setup makes it really difficult for stakeholders to govern / hire; I would take up the complaint with Dan not PC.

Despite repeated urgings not to, Dan decided to conflate the idea of DPOS/block signers with blockchain hiring.  This made voting confusing and added an extra step for potential workers like PC.  He then unilaterally changed the consensus of the chain to dilute at a rate he randomly picked (50 BTS / block).  And also made it expensive for potential delegates to even register so people like PC have to put up significant money to even see if they get elected.

This is not PCs fault; I doubt if he would have made the same decisions.

Sorry for the tangent but it's a bit frustrating to me because I think blockchain hiring was a great idea. It was a great idea that bytemaster had nothing to do with, but somehow he managed to take this great idea and use it / implement it in such a crazy and poorly thought out way (from both a PR and technical point of view) that it made this project less valuable instead of more valuable.  I'm still left scratching my head about what blockchain hiring ever had or should have had to do with DPOS (nothing).
/rant

Picking up some very weird undertones from this post just fyi...

Can you give us a status update?


Sent from my iPhone using Tapatalk
Yea, I've just been frustrated by the cost of certain mistakes and feel like I have a hard time getting Dan to listen to me on various things, and a discussion with him yesterday left me annoyed.  Perhaps this isn't the right venue for it.  Some of it is just how the propensity to change things without warning has a personal impact on my efforts to try to contribute some value.  More generally, I would like to see bitshares stakeholders more empowered with things like easy to use polling; I don't think this is on the road map and I feel like this is kind of a foundational thing.  I feel like the destiny of bitshares is and should be in the hands of the stakeholders in large part by how they vote so it needs to be facilitated.  There's changes to the worker structure which should get released when all the other big changes get released but I'm not sure they go far enough.  I would like to see workers try to get 50% approval by active stake, which of course takes work, but IMO very worthwhile work. I would still like to see more effort to drive stakeholder involvement and make it easy because I think it may be necessary for things to play out well.
Aren't upcoming changes a good compromise between shareholder control and limited shareholder attention? I mean specifically the role of the delegates (forgot the new exact name of that function) that decide on changes to the network requiring a hard fork which are elected by shareholder.
The degree of voting participation might just have to do with how easy it is to use the software.
I have thought a bit about how voting participating can be increased but couldn't come up with something. I see that it would be a worth while goal to pursue. I guess voter apathy is the biggest weakness of DPOS. Do you have anything in mind there since you stated that more should be done here?

Out of pure curiosity: Are you located in Blacksburg and (how) are you getting paid? What's you role? I always valued you critical contributions and hope all is going well.

448
Banks use it to transfer between different banks in different countries, etc.
If SWIFT will transmit our Public Keys, then every financial institution in their network can sell our products.
From what I understand so far, if banks can sell bitGOLD (for example) then they act as the kyc/aml onramp, not us.
 
Before you guys attack me on this and fearmonger, rest assured I have not developed a Business Plan on this yet, I have our privacy and decentralization in the forefront of my heart and I am asking if this is even something that you would like me to pursue after v1.0 and DPOS 2.0.

I'd say pursue it if you can make money with it FOR YOURSELF. Then you don't have to ask anyone for permission.

This is along the libertarian ideals the forum and community was build on early on.

Along the same lines: If you are upset about something (= can't see it changing) start your own business. Easy. No need to accuse anyone :)

PS: I am pretty happy with how this community developed and how BM and co are setting things up: More entrepreneurs, less drama ;)

450
Stakeholder Proposals / Re: Paid Workers Proposal for Review
« on: May 09, 2015, 01:03:16 pm »
Is it correct that the 101 delegates would keep on existing besides the paid workers and the 101 delegates would just produce blocks whereas the workers would "work" and have nothing to do with block production? Also is it true that workers would be getting paid by dilution whereas delegates are paid by tx fees?

I ask this because in the latest mumble session BM said something (replying to Riverhead's question more towards the end of the hangout) about having workers and delegates side by side until delegates are voted out. That confused me a bit...
 

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