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Topics - bungeebones

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General Discussion / Where can I find the "shell DAC"?
« on: February 10, 2014, 06:14:37 pm »
Bytemaster posted
"7) If you eliminate mining, then the cost of launching a new DAC is near 0 and you can simply use C++ to encode your contracts starting from a 'shell DAC' and launch without having to overload everyone not interested in your contract. "

Where can I find the "shell DAC"?

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BitShares PTS / Where to start?
« on: February 09, 2014, 11:16:12 pm »
This is my first post here. I've been involved with Bitcoin for over a year, have watched tons of videos, listened to tons of shows and read pages upon pages of information. I converted my advertising site completely over to a Bitcoin only system so that all payments in and all commissions out are entirely in Bitcoin. I liken it to mining with Bitcoin with the traffic from your web site instead of electricty. It doesn't create Bitcoin of course. It uses a php web directory script you install in a webpage to aggregate your web traffic with the network while, at the same time, sets you up with a shopping cart to sell traffic for the entire network.

Anyway, I have a number of goals for the project that Bitshares seems like it could enable. For example, each website that installs the web directory script on their site and, thus contributes traffic to this new advertising network are, in my mind, venture capitalists by investing their web traffic without any guarantee of a return.  I would like some way to give these investors a permanent stock type ownership stake in the project's success. For example, I structured this as a multi-level commission system so there is a potential that even a small or new website could register a very productive site under them which develops a large downline. But if in the course of time they decide to discontinue their site I have coded it that they can and their commission earnings from their downline continues perpetually. Since that is coded in it would be great to put that asset into a blockchain and then it could become transferable and inheritable.

Also, as it is built now it is too centralized and I could use help figuring out how to de-centralise it. The script currently works by enabling every installation site to download all the web directory's categories and links from my central server. They also have an "Add A Link" button which generates a unique registration form for their users to add a link in all the directories with their one submission. They can choose free or paid advertising but if/when they pay the registering site gets half of the Bitcoin based advertising fee. This is just a start and altogether there are 8 modules or functions that I would like to decentralise. Most are data related such as retrieving data or submitting dat to the server. Some of those may be able to be moved onto a block chain. And then there is the commission disbursement which could be handled by a multi-sig arrangement.

With all that what is the real purpose of this? Well I can't stand the monopoly Google has on search engine results pages. They display 60 something percent of the total and there are two or three more that do the rest. In my mind, why be concerned about Central Banking when you have centralised information distribution! This idea is to decentralise links, make it so that small websites can participate as much in the distribution as any other and even provide a way that charities can use this to basically earn support out of "found money".

So, where do I start trying to fit part or all of my idea into Bitshares?

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