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Messages - evisu1

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Founders who want to be added please send me an email at godscreation_rys@hotmail.com with your Keyhotee Id

Email?!  stop the madness. Dont you have a keyhotee ID we can contact you at?

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im in, looking forward to testing keyhotee

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General Discussion / Re: Educational DAC
« on: December 27, 2013, 05:29:29 pm »
Sounds like a Wiki, DAC, and sounds pretty interesting... would like to see this come together.

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General Discussion / How does one start a DAC
« on: December 21, 2013, 02:41:44 am »
I'm trying to understand what one needs, technically, to go from "idea" to DAC. It seems like a lot missing. What are the basic-building blocks / infrastructure services that are needed ? 

Must all DAC's have have miners and blockchains? Suppose a single server and its domain name are controlled by votes from 10,000 shareholders using an existing cryptocurrency as a basis. Is this not to be considered a DAC just because the filesystem and web server are not distributed ?

Thanks !

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General Discussion / Re: VanityDAC - Generate Vanity Addresses
« on: December 19, 2013, 09:39:45 pm »
So, how big would this DAC need to be in order to start cracking private keys within a reasonable time (someone was bound to ask this, i guess)

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Can I just use an online wallet such as the one offered by blockchain.info, or is that only for BTC?

as far as I know there's no online wallet for PTS, you'll need to download the client and run it yourself. When you do, create a PTS address and withdraw your funds from the exchange to your address.

I read here a month or so ago that having my PTS shares on the exchange and not in my wallet might complicate or preclude me altogether from getting the new shares that match my PTS shares.

I dont see why having it in an exchange would be any different from holding it in your own wallet (except for the security aspect) but then again I didnt read the thread you're referring to.

As for your other questions - i'm not sure.

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Keyhotee / Re: Better pick up the pace, we got competition.
« on: December 19, 2013, 06:31:21 pm »
BitTorrent Details How It’s Building An Anonymous Chat Product Without Using Servers

http://techcrunch.com/2013/12/19/bittorrent-chat/


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General Discussion / so what is the business model ?
« on: November 16, 2013, 02:45:40 am »
Over the past few days I've read exhaustively about protoshares, keyhotee, bitshares, domainshares, nameshares, etc etc. I've seen the videos, i've heard the podcasts, i've mined some proto... and while it all seems pretty cool, I do have a few concerns.

1) I'm just not understanding what the value is in holding protoshares, which to my understanding (and correct me if i'm wrong here) is the same as dividend paying stock in Invictus Innovations. Sure, I played along... and now I have a few protoshares, but truth is, I'm not even sure why: Who are the customers of this DAC? what is the revenue forecast? what is the product we are selling besides our own stock?! I'm reading a whole lot about the supposed dividends, but i'm not even clear on where the revenue is coming from.

2) Why are dividends paid out from transaction fees and not from profits? AP DAC example aside.. lets say we have online casino DAC that has revenues of 50BTC and needs to pay it out in full as a dividend. How does this possibly relate to revenues that shareholders should receive from transaction fees ? What happens if there is low transaction volume but high dividend payout? High transaction fees? 

3) Launching one project, even for a big company, is a hard enough task. How can Invictus possibly develop, manage, execute, market and support allllll these innovations/projects? open source and "the community" ? I would be (pleasantly) surprised to see all the projects executed successfully. Its ambitious, I will give you that...

Thanks,
A concerned protoshare holder

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BitShares PTS / Re: [GUIDE] Mining on Amazon EC2 using Spot instances
« on: November 13, 2013, 12:24:31 pm »

Code: [Select]
#! /bin/bash
sudo apt-get -y install git build-essential htop libboost-dev libboost-system-dev libboost-filesystem-dev libboost-program-options-dev libboost-thread-dev libssl-dev libdb++-dev libminiupnpc-dev git
git clone https://github.com/donSchoe/ptsminer.git
cd ptsminer
git reset --hard 03e2d73566fb5b380fd3584e220894464a9a0510
cd src/
make -f makefile.unix -j8
echo '#! /bin/bash' > run.sh
echo 'while true; do ./ptsminer -poolip=ptsmine.beeeeer.org -poolport=1337 -poolpassword=xx -pooluser=XXXXXXXXXXXXXXXXXXXX -genproclimit=8; sleep 1; done' >> run.sh
chmod +x run.sh
nohup ./run.sh &

i had to sudo all this to get it to work, if that helps anyone.

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