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IDentabit / Re: Coming Soon
« on: August 12, 2015, 02:49:51 am »
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Will Artist be able to have more that one coin? Would they be able to issue say Silver, Gold, or Platinum editions of their coins?Who would prevent them from doing so?
I'd bet they can ..
AFAIK only one artistcoin per artist, but take it with a grain of salt as I can't recall where I read it.
Wait really? After finally completing the (currently arduous) task of getting the blockchain to sync I've been trying to buy some BROWNIE.PTS for a couple days, but the orderbook screen is completely blank in my client, so I assumed that everybody was just hodling. Is it just me? I'm looking at it now.
i wanted to save a contact, but i don't want to tipp in the public key (needs to long) why is it not possible just to put the known names into it?
I thought your original (but redacted) post outlining some of your monetization plans were brilliant.
That being said, I think one bitshares 2.0-esque referral type system that may work somewhat would be charging for a "Premium" account which allows the user to submit playlists and/or entire custom channels (let them be their own DJ with access to the peertracks catalogue).
Allow the user to make $$$ (or at least -$$$ off their monthly "Premium") based off how many people and how popular their playlists are.
Just to add some additional support to my earlier suggestion:
http://www.theguardian.com/technology/2015/jun/09/apple-music-interview-jimmy-iovine-eddy-cue
http://www.thedrum.com/opinion/2015/07/06/humans-not-algorithms-apple-music-revolution-and-growing-influence-curator
http://www.mondaynote.com/2015/07/05/human-curation-is-back/
Apple is going big on human curation for good reason. I think it would benefit Peertracks to make it a highlighted feature with the possibility to earn income from it.
This can not only allow for competition to create better playlists and channels, but could also be a way to bring about new era of popular DJ's or even new talk radio type personalities like Howard Stern.
So you are suggesting public playlist creation would be a paid feature.
They would be ranked how exactly? upvotes?
And how are the playlist creators compensated exactly? The upvotes being payments?
If so, why would a user upvote/pay to have a playlist rise in the ranking? What does that person get out of it (unless he's an artist featured on that playlist of course)?
I think that everyone needs to realize that bitshares has several competitors that can handle high levels of throughput and transaction processing. I don't think that SETL has tested 100,000tps but I do not doubt their claim. The devs of Hyperledger have also claimed a transaction load of 500,000 tps. Don't be surprised if Ripple or Stellar make similar claims in the future.
They understand that current financial markets work by force & fraud because this is obvious to anyone with a working mind. Instead of attempting to use blockchain technology as it was intended, to free human transactions from corrupt centralisation, they have opted to build a system with enhanced potential for corruption. This is the opposite of 'genuine' technical innovation. This project could only be seen as a competitor to Bitshares if network participants do not care about the difference.
SETL will initially target the payments business to subsequently move into financial markets including foreign exchange, bonds and possibly stocks. Much like the Bitcoin blockchain, the SETL blockchain will allow users to transfer both money as well as assets directly among each other.
How do you know they didn't just license it from CNX? This would not be considered a competitor to BitShares.. so I would think they would be fine with licensing it... didn't Bytemaster JUST recently say something about a big bank looking at Bitshares?