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Has this been discussed before? Surely it must have.
Was/is anyone working on cooperating with exchanges to implement the pairs?
Yunbi and BTER have BTC:bUSD
https://yunbi.com/markets/btcbitusd
https://bter.com/trade/btc_bitusd
I believe Shapeshift.io let's you exchange any digital currency into another.BlockTrades.us and Metaexchange.info also support these pairs
Recently at Decentral in Vancouver we had a meetup with Max Wright to discuss BitShares and BitUSD:
https://www.youtube.com/watch?v=p023lanFsJE
This inspired me to write a blog about a possible attack on BitUSD and similar derivative currencies:
http://tpbit.blogspot.ca/2015/05/inert-versus-volatile-currencies.html
I am wondering - has there been some analysis done on this subject by the BitShares developers and if so, how do they assess the risk involved with a similar attack?
Think of paid Workers like government employees..
Everybody knows what the Postman does all day.
Everybody knows what the Toll-Booth worker does all day.
Everybody knows what the public kindergarten teacher does all day.
But what did the Postal Service warehouse guy do all day today? Yesterday? What did he say he would have done by thursday of next week?
If he's a 100% payrate worker, then he should be proving himself 5 days/week, right?
So what was that logo designer doing for the last 2 months? What's she going to get done tomorrow?
Basics guys, that's all I'm asking. Work hours are part of keeping track too.
If I'm/we're paying someone 100% (a full time job) then I want to know what his real name is, I want to see his face once in a while and I want him to tell ME what's been going on. I shouldn't have to babysit our employees.
Let BlockchainHR at least handle these basics.
That's not too much to ask from someone who is using your money.
You have no way to verify their work hours. Thats why people have managers etc in the real world. You're just asking for a system where honest people are screwed and the dishonest continue on. That was my point about the blockchain. You are misunderstanding what blockchains can do. They do not have anyway to enforce anything except by the economics of their tokens. So yes you can easily fire someone, but you can't get a blockchain to make that decision, nor can you make the blockchain report hours in a trustless (? trustful ?) manner.
All people need are tools that shows how much workers are paid and what they've done.
You shouldn't have to babysit the employees, but if you ask too much you'll never ever hire talent that is anywhere near the top. I personally would never work for such a micromanager. Goodluck finding a productive employee that does high level work and is willing to tell everyone what they're going to do the next day .. and if they do thats just time they could be doing work, no?
I liked the idea of the blockchain hiring people, but never liked the idea of having 100000s of bosses. The reason should be obvious.
You were a bigtime developer in early internet days, so you should have some idea about the job market for developers. At least in the West, they're being paid quite well these days. The 100% delegate doesn't touch such a salary, but you seem to suggest they should be working 5 days a week. How do you justify all this? It is all a bit nuts to me. One size fits all approach.
Can anybody convince me that another project can do this better?
up to 2K satoshi.BitShares will support merged mining,but not with ProtoSharesonly among peer chains.
This project died between Feb and early March this year, Thom.
Do not get too pumped up. It is all history now. You can wait and see what the next big thing is...trinity-Dpos, bitAssets 2.0 and the 17,000 lines of code solving 17 non-existing issues ... a whole lot of nonsense and dust in the eyes of the few left... Just save your nerves, it is all BS that gonna come supposedly early June.
There will probably be one more round on 'great news/secret sauces' iteration 6-9 mo. later, but the thing died several months ago.
This project has been dead for months, jshow.
Don't get your "small stakes" in a wad or get too excited to post here, it's all history now.
You can move on, it's ok. You're good enough, you're smart enough, and doggone it, people like you ... on other forums, I'm sure ... I mean, it's possible.
Why stick around a dead project coding 17,000 lines of new code for a new faster way to do things when they could have spent that time fixing old code that's flawed and should be done away with forever!
This place works completely backwards, jshow. You should be heading up the team, because we need to look backwards, not forwards! We need to dwell on our mistakes, try to fix code we've proven cannot possibly work in the future and stop coming up with solutions and new ideas. If I see one more round of secret sauce sagacity I'm going to spew!
But this thing died several months ago, so none of this matters. I don't even know why the two of us are still here, do you?
?Nullstreet Journal ... that is what shareholders or investors want to read IMO ...
True!
Yep.
Talking about what shareholders want to read, what happened to Stan's Monday dev meeting report?
One thing you gotta acknowledge about "management", it's not too consistent on the follow through. The consistency I can see lies within BM's recital of founding principles (plying politics or real conviction?) and the dedication of the dev team. Beyond that I see pivots come without much of a warning and things change at the drop of a hat around here. No wonder Taluant (sp? moonstone) had a zillion questions for BM the other day, before they took their convo into private space. Do you believe like you once believed in the rhetoric of politicians, or will you wise up and demand tangible accountability in our grassroots ecosystem currently under reconstruction?
Until the details are revealed about the revamping of DPoS into the "trinity" scheme, I will be uneasy with this round of koolaid. I like what I hear so far, but it's not enough to increase my confidence that BitShares will live up to the vision that has been hyped. I truly hope it's not the "devil in the details" but rather benevolent angels.
Off the top of my head, here are a few important questions that come to mind:
- How will multisig be used by delegates? (to choose proposals for what gets on the ballot for shareholder voting or...)
- Will multisig require unanimous (all 101 delegates must sign off) or some lesser %?
- How will dev team's major milestones be set? Proposed to delegates first then approved by shareholders?
- How will the 101 delegates be transitioned into the new "trinity" scheme? Details are important here!
I was once punch drunk with optimism like KC, and I think such enthusiasm is great. But once you've been here awhile you begin to think more critically about this project and how it's run. Being critical is a characteristic we also need in greater supply as the project matures, if done right it's one aspect of keeping people accountable, of growing towards improvement. If there's one thing I see in KC's posts it's the need for accountability, and I can't agree with that more.
I'm not asking for full disclosure of every last detail right now before the dev staff is ready to release this "next big thing", but I am saying this community will forever be negatively affected if the dev staff fails to deliver commensurate with the level of hype and expectations being set. It will very much feel like the disillusionment that comes from faith placed in politicians for tangible, positive change.
I sure hope BM & "the gang" have thoroughly thought through what their about to spring on this community. If they misjudged anything we need to let them know, loudly. It would be great if that can be accomplished using new tools built into the code rather than thru ad hoc means like this forum or scattered conversations. The community has no choice atm except to wait for more info, as it seems whatever is going to happen is mostly already decided.
I'm not overstating anything, because I'm not stating anything. I'm asking a question.Critics say that BitUSD is only repackaged exposure to BTS. Does this change increase, or decrease, the risk to "normal folks" holding BitUSD, who don't want to mess with suddenly receiving BTS in their wallet instead of BitUSD?
You are overstating the likelihood of this happening. Check this out: http://bitsharesblocks.com/assets/market
BitUSD is still 229% collaterlized.
Well, I guess I'm stating that critics say this. Here's some evidence. https://discuss.nubits.com/t/bitshares-black-swan-event-analysis-by-dan-larimer/1279/2Quote from: a criticwhen there is widespread realization that every Bitasset is just repackaged Bitshares
Look into drop shipping.
