I talked to William Genske at TJP (Truth Justice Peace), a non-profit organization.  William works with Ken (you'll hear all about Ken!).  I spent a hour talking to William and went through BitShares: history, features like voting, and UIA and went into MAS...  William asked around a bit and came back to me:  They are VERY interested in cryptocurrencies especially BitShares!

The first idea that came to my mind is that they could (in their next new donation run), issue a UIA and sell this for donations.  Since they work with other organizations they, some collaboration should be easy to find.  This may lead to share-drop prospects that will add value to TJP's UIA.

Additionally, they should probably use a UIA to pay volunteers and track contributions the same way we use Brownie PTS.

You might want to check them out, see if you like what they are doing.  Their YouTube material does well.  I definitely like what they are doing and I find a great deal of strength and sincerity in their message.  I'm looking forward to hearing what you think.

http://worldcitizen.uk.net/
https://www.youtube.com/user/1worldcitizen

There is a contact mailbox on the website, also I can contact William via Skype.

You may have heard of Golden Jackass before.  Jim Willie of "Golden Jackass" is well known for his hot topics of Gold and Politics.  Something has changed recently.  I picked up on a increase in his pleas to make his message heard.

The topic is largely consistent: the US petro dollar collapsing and criticism of the war.  I do not generally get this fired up or listen to that much emotion but I'm making an exception here.  I believe in the message and believe that it is a good idea to hedge against the risks in Jim's warnings.

I have used crypto for a while to do this.  As a shareholder: This idea used by many leads to long-term serious holdings in Crypto Currency assets.  People like my wife and I offer a boost to a currency by buying some and holding with the idea of hopefully having enough to  passing on to the next generation.  Thanks to people like Jim, Fuzzy, and Dan,  I see a bigger picture and (in putting it all together) I don't want my country to be stuck with crappy money, crappy stocks, and worse (you will with 100% certainty hear from Jim on this)..

Let's start thinking about getting together and listen to Jim and offer him expert information to help him understand the fundamental facts about Crypto Currency.  Let’s hope that in time he will be able to give crypto proper consideration as a viable fait alternative: in addition to hording real gold and real silver.

Jim is a very passionate outspoken thinker and he should be paired with a very knowledgeable group like ours.  This should be unlike his typical interview where he is basically doing all of the talking.  I would suggest that our familiar format.  Fuzzy is an excellent person to assist and balance the discussion.  Other familiar voices jump in where appropriate and hopefully Dan Larimer will be available as an expert in the Crypto Currency field.

Word of warning, and my opinion::  Jim may sound "over-the-top."  If you like the network effect please consider this idea (crowd psychology if you will).  I'll try to sum it up as a non-expert:  Crowd think is basically very dumbed down and the `drive` is largely subconscious and emotional.  I think of it as a lessor common denominator of all the minds.  Additionally, if crowds were completely rational it would be impossible to actually act as a crowd (the individual would question and diverge on their own path).  It is in our nature to get on a good path and then go with the flow.... 

If you have not heard it, here is the interview.  Please consider Jim's listen count on fuzzy's show:

** 10K views as of Nov 2015

https://soundcloud.com/beyond-bitcoin-hangouts/beyondbitcoin-jim-willie-golden-jackass-bonus-hangout-10-28-2015-s3

Notable: Jim devoted a lot of his time covering the topic of ISIS.  Very interesting given the recent tragic attacks by ISIS in France..  Also the reason for my writing this post now.

How to sweeten the deal for Jim to bring him back?  He wants to get through to people.  People in crypto are already making great strides to adopt and trust new technology.  Our crowd might possible be the easiest crowd for him to connect with.  His motives seem to be that of pure caution and concern for human rights.  If he can expand his message he will be incentivized.  Crypto holders have incentive to believe him and it directly helps cryptos as a whole to have people buying it up as a hedge against fait (US and foreign markets).

Why would he validate crypto?

Basically he is warning that in the near future (who knows next 2-4 years) the dollar can lose enormous value.  I'll try to recall, he said something like there could be a 50% of its value causing a 75% loss in purchasing power after considering foreign imports.  Also during this phase foreign manufacturers will not want to ship to the US due to the 3 month price exposure to the USD; they will likely want to wait 3 months then the dollar could still be unstable which puts them into the next 3 month cycle of waiting, etc...

** 45,000 Views, 325 thumbs up and 15 thumbs down (about 97% approval)
Jumping into the talk "Supply Shortages"
https://youtu.be/AfPMgogwLxE?t=22m27s

Crypto can't even help unless of course our stores were willing to pay in stable established crypto X and overseas manufacturers accept.  Now, if Americans held crypto X, even if it were not backed (like a bit asset), it would still mean we could sell it in foreign markets where there were strong economies.  This fact alone is enough for US citizens to understand and therefore, in a crisis, start accepting the currencies on their phones.

I would also suggest that at this stage for Jim, BitAssets maybe be interesting but would probably be a distraction.  What he must digest is that crypto currencies have predetermined rules which can make them very resistant to corruption.  Also important for him to really understand "Decentralized," "No trusted party," and instantly tradable in foreign markets from mobile phones.  Bit Assets are a next logical step but it may take Jim some restless nights while so his mind can compile this information...

So, until he can fully appreciate and rationalize this concept, anything else is a distraction and might derail the process.  In the interest of the industry as a whole I would suggest to simply avoid repeated references to any specific crypto like "Bitcoin" and instead make a general reference to "Crypto Currency."

I mentioned France.  Why this may matter for the United States?

Truth in Media: Origin of ISIS
8 months 1,6500,000 views with 11,700 thumbs up and 400 thumbs down
(about 95% approval)
https://youtu.be/o6kdi1UXxhY

It works for a while but all the sudden I get logged out and I can't log back in again. If I reset my password then I can get in through the website but I still can't get through the mobile app.  Accessing the mobile app is hit or miss.

I'm using Chrome installed on the mobile....

The beta web-site wallet is available.  Limit transactions to small amounts only please.

https://wallet.bitshares.org

If you want to grab a account name, it should be quite easy. Accounts are reserved on the public blockchain and are first-come first-serve... I think it will become quite useful to you as there are projects being developed based on BitShares for: voting, gaming, music. Then on the business side, SEC compliant stock offerings for companies (not just the large ones anymore).  Today, BitShares are used as money (market pegged assets), bearer shares (bitshares), and for its user issued assets (users issue there own shares).

You can register accounts with the wallet (if you send it some funds) or you may use the built-in faucet.  In both cases, the account is registered as a public account. 

For the newcomer: use a test transfer from any new source (line an exchange).  The technical explanation is: make sure that anyone sending to a public account is using a recent version of full-wallet (like 0.6.1) or using the light wallet or this hosted-wallet.  Older versions of the full client will send a private TITAN transaction instead of a public transaction.  A full-node will be required to recover the TITAN transaction should this happen.

Source code, bugs, requests, etc.. are hosted at: https://github.com/bitshares/bitshares-js and https://github.com/BitShares/web_wallet

Login process for the web-browser wallet / plug-in...

This should help avoid the issues of making sure wallet is not deleted by accident and that the user does not get locked out of the entire wallet due to a lost password or a lost brain-key (as long as one or the other is known).  This is all done client-side so the server is not used in this process.

It has the side-effect (or feature if you will) of allowing you to have multiple wallets that are not easily visible to an observer. 

Basically, the idea is to use your password as access to the wallet.  Different password different wallet.  Of course, the password is hashed and stored locally (not on a server) so it is not retrievable without a full dictionary attack and access to someones files.   Multiple wallets are useful in the same way as one might have multiple bank accounts or multiple trading accounts.

Basically the wallet is password encrypted and stored in the browser. Think of that as a cache... It is not uploaded or backed up automatically. So, that is where the brain-key is really necessary. You can re-generate the wallet from a brain-key and the wallet will find your information from the blockchain.

A delete wallet feature can be added, but you should be required to login first (know the password) so you can delete it. I like this idea because it forces you to look in the wallet before deleting.  The user should also re-enter or copy/paste the brain-key as a delete confirmation as that is how one could restore the wallet anyways. 

The under-the-hood side effect is that the only way to recover from a lost password is to use the brain-key and create a new password.  That will leave some clutter not so large clutter: a second copy of the wallet laying around unaccessed.  I don't think that will be any less secure unless one intends to move the wallet and can't remember the password.  In that unlikely event the user can use the browser to delete all of the data and wallets on that computer (after making sure the important ones exist somewhere else). 

To recover a brain-key, the user can use the password and the computer that created the wallet and access a feature to display the brain key.  Even in a unlocked wallet, the password will be re-prompted before displaying the brain-key.

Here are the screens:
-----------------------------------------------------------
Open or Create Wallet

[ Password                         ]

[Login]

= if the password is found, the wallet opens .. if not:
-----------------------------------------------------------
Create Wallet

A wallet with this password was not found on this computer.  Re-enter your password to setup a new wallet.  Your password is mandatory and controls when and how your funds may be spent. If you forget this password you will be unable to transfer your shares and must recover using a brain-key that will be provided to you.  This password is used only on this computer.

[ Confirm Password               ]

[Create] [Back to Login]
-----------------------------------------------------------
=== User will select one of two options to enable one section:
[X] New Brain-key

Use this brain-key to recover your wallet on any computer.  This brain-key is as strong as the industry standard for private keys.  Do not shorten it.  Make a backup, print it out, write it down, etc.. but always keep this information secret.  This brain-key is not password protected and is all that is needed to access all accounts you will create in this wallet.

[ xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz xyz ]

WARNING: Anyone with access to your brain key will have access to this wallet. It is not possible to recover a lost brain-key.  This brain-key will be saved for you on this computer only so you will need to make another backup to be sure you can access your wallet.

=== The other option
[X] Existing Brain-key

[ Brain-key                                                                                                                    ]

[Open]

= wallet will find public accounts and transactions
= recover by registered account name feature
-----------------------------------------------------------

wallet_account_transaction_history
  account_name (string, optional, defaults to "")
  asset_symbol (string, optional, defaults to "")
  limit (int32_t, optional, defaults to 0)
  start_block_num (uint32_t, optional, defaults to 0)
  end_block_num (uint32_t, optional, defaults to -1)
This call returns a list of transactions for a given account or multiple accounts in the wallet.  Included in each transaction entry is an array of running_balances.  The running_balances array is just how it sounds, a running total of the accounts balance just like what you would see on your bank statement:

TRANSACTION AMOUNT BALANCE
alice to bob +5 5
bob to alice -5 0
When I'm viewing just bob or alice, this list makes perfect since and this is just what the API does.

The confusion comes in when one starts with a higher block number (after alice transfers money to bob).  Currently the API will return this:

TRANSACTION AMOUNT BALANCE
bob to alice -5 -5
I would say, that is not correct, it should instead return this:

TRANSACTION AMOUNT BALANCE
bob to alice -5 0
Finally, there is one more consideration and this one is probably optional.  I do however see that with security like multi-sig is will be safer to have have larger wallets with more accounts.  So, when querying in a large wallet for say 100 accounts (or leaving the account_name empty), currently each transaction return will have a `running_balances` return for all accounts in the wallet.  Think about your bank statement, running balances only make since when your looking at a single account at a time.  I'm not aware of any case where you want to see all of these running balances together unless your intent is to cache them and report them as single accounts at a time.  If your going to cache them and group into single accounts then it should be trivial to collect up all the smaller balance records from separate transactions and total them.  In other works, each `running_blanaces` array should only contain balances for the accounts involved in that transaction.

This is one test ledger entry from "GENESIS" to "delegate44" as returned by `wallet_account_transaction_history`:

{
    "is_virtual": true,
    "is_confirmed": true,
    "is_market": false,
    "is_market_cancel": false,
    "trx_id": "f85054558d6c2ad7fb1021455109817ad3dfc7a1",
    "block_num": 0,
    "ledger_entries": [{
        "from_account": "GENESIS",
        "to_account": "delegate44",
        "amount": {
          "amount": 1980198019801,
          "asset_id": 0
        },
        "memo": "claim PjETkso5HWNvUp5PusP8nufyv192aMe2Ph",
        "running_balances": [[
            "alice",[[
                0,{
                  "amount": 0,
                  "asset_id": 0
                }
              ]
            ]
          ],[
            "bob",[[
                0,{
                  "amount": 0,
                  "asset_id": 0
                }
              ]
            ]
          ],[


New clones are expected to share drop to AGS and(or) PTS holders to pay for having created the software in the beginning.  That makes since to me ( even if I were not one of those contributors ).  Even as we advance along piling on new work, the original holders incurred the most risk and made it all possible.

Moving forward we did the best thing we could have done in my view.  We added a conservative inflation rate to pay for it.  Now that we have introduced inflation into the new development (marketing etc..) side of the platform, it only makes since to allow our clones (aka competition) to instead become our customers!  It is so cheap too, it is a division of the costs paid through there own inflation model.   I suggest that the platform itself is a non-profit and that the rate will only cover 100%.  This will lesson the burden on new clones proportional to the number of new clones.  Additionally new clones will purchase and inherit the "feature" too and be able to attract clones that will serve to offset there own inflation cost.

A simple annual adjustment to this could make it easier to implement.  It does not have to be perfect, just work out over time so it is always 100%.  Maybe something can be worked out ( or programmed ) so that only paid delegates gather up credits and submit them to prevent the the BTS from being printed...  What are your thoughts?