1
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.
Pages: [1]
2
General Discussion / Can I get a link to some cold wallet creation instructions please
« on: July 23, 2016, 09:12:37 pm »
Thanks. I'll send you a tip. 
3
Random Discussion / BTS should have traded STEEM brfore Bittrex
« on: April 21, 2016, 01:09:59 pm »
Devs got their mining rigs ready
should have got steem UIA ready too
should have got steem UIA ready too
4
General Discussion / Does BTS suffer from the same Ethereum paradox or does stealth conquer it?
« on: April 19, 2016, 05:39:41 pm »
Somebody please answer if the stealth feature of BTS can be used to obfuscate smart contracts or if it can only be used for transfers and blind balances:
from the article at:
http://www.coindesk.com/turing-complete-smart-contracts/
"Yet another major issue with Turing completeness is, perhaps ironically, their transparency implications.
As part of the requirements to evaluate a Turing-complete contract, the code to that contract must be publicly available. In Turing-complete blockchains, this code is presented at the time that its participants engage in an agreement.
While transparency can often be an advantage to some value-transfer propositions, the problems associated with broadcasting everyone's position are fairly obvious. Most financial contracts require that information be asymmetrically held between the involved parties, so that uninvolved traders cannot trade advantageously on these agreements.
Should a major bank be found taking a position in the market (say a futures contract), the risk to that institution is that the market can publicly trade on, and determine the future of that bank before the contract has executed. Though there are some theoretical fixes to the problems of disclosure, these solutions will be a long time coming, and may never arrive at all."
I suspect that the answere to this question is that yes, it is possible to take a smart contract position with a known amount from an unknown or "blinded" balance.
But no, the contract amount on the DEX cannot ever be invisible to the users of the blockchain.
Am I correct in this assumption?
from the article at:
http://www.coindesk.com/turing-complete-smart-contracts/
"Yet another major issue with Turing completeness is, perhaps ironically, their transparency implications.
As part of the requirements to evaluate a Turing-complete contract, the code to that contract must be publicly available. In Turing-complete blockchains, this code is presented at the time that its participants engage in an agreement.
While transparency can often be an advantage to some value-transfer propositions, the problems associated with broadcasting everyone's position are fairly obvious. Most financial contracts require that information be asymmetrically held between the involved parties, so that uninvolved traders cannot trade advantageously on these agreements.
Should a major bank be found taking a position in the market (say a futures contract), the risk to that institution is that the market can publicly trade on, and determine the future of that bank before the contract has executed. Though there are some theoretical fixes to the problems of disclosure, these solutions will be a long time coming, and may never arrive at all."
I suspect that the answere to this question is that yes, it is possible to take a smart contract position with a known amount from an unknown or "blinded" balance.
But no, the contract amount on the DEX cannot ever be invisible to the users of the blockchain.
Am I correct in this assumption?
5
General Discussion / Bytemaster outlines roadmap to "BitShares Metropolis" in last shareholder meet!
« on: March 28, 2016, 10:04:52 pm »
Thank you Bytemaster for finalizing a roadmap to be done hardforking BitShares too frequently.
After 3 more steps are done, then BitShares is officially finished like Ethereum Metropolis!
step 1: implement zero fees
step 2: subsidize liquidity
step 3: implement margin trading and simplify initial visible smartcoin markets to:
bitUSD/BTS
bitGOLD/BTS
bitGOLD/bitUSD
Any 3rd party can do sidechains starting now.
Only 1 question is this:
Assuming continued funding, how long will it take to reach the BitShares Metropolis?
After 3 more steps are done, then BitShares is officially finished like Ethereum Metropolis!
step 1: implement zero fees
step 2: subsidize liquidity
step 3: implement margin trading and simplify initial visible smartcoin markets to:
bitUSD/BTS
bitGOLD/BTS
bitGOLD/bitUSD
Any 3rd party can do sidechains starting now.
Only 1 question is this:
Assuming continued funding, how long will it take to reach the BitShares Metropolis?
6
General Discussion / NXT forks BitShares 2.O mojo! goes for scalability
« on: February 24, 2016, 04:13:41 pm »7
General Discussion / Will this community be surpporting BM's "zero fee" proposal to get micropayment?
« on: February 08, 2016, 04:15:55 am »
I sold some BTS for IOTA because IOTA has free transactions for micropayments, but now BM propose "zero" transaction fees for low balances with scaling algos that still compensate lifetime members. I would sell IOTA and get back into BTS if this happens but committee must still vote right?
8
General Discussion / The Alexanria project needs help from your community
« on: February 05, 2016, 07:33:11 am »
I told them that you guys have the best UIA's in town, but these guys want to create a UIA that allows proposal voting.
If your UIA's can offer them that, then they will have no choice but to crowdfund right here
Could somebody let them know if this is possible, because, frankly, I'm not sure that your UIA's allow stakeholder consensus voting on issues (like BTS does). Becaus if your UIA does not allow voting, the they might have to fork BTS so they can have this feature.
Someone with more knowledge on the subject, please chime in, because these guys are getting pretty close to prime time:
https://bitcointalk.org/index.php?topic=236742.msg13771476#msg13771476
this guy wants a contact and im too busy
If your UIA's can offer them that, then they will have no choice but to crowdfund right here
Could somebody let them know if this is possible, because, frankly, I'm not sure that your UIA's allow stakeholder consensus voting on issues (like BTS does). Becaus if your UIA does not allow voting, the they might have to fork BTS so they can have this feature.
Someone with more knowledge on the subject, please chime in, because these guys are getting pretty close to prime time:
https://bitcointalk.org/index.php?topic=236742.msg13771476#msg13771476
this guy wants a contact and im too busy
Pages: [1]
