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Messages - Tobo

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1
General Discussion / Re: IOTA + Bitshares
« on: October 31, 2015, 02:48:51 pm »
No, it's still not clear how popular oracle feature will be. Yes.

What is oracle?

2
General Discussion / Re: IOTA + Bitshares
« on: October 31, 2015, 02:25:12 pm »
The details are quite challenging to explain in layman terms.  But if you are an experienced programmer it will be easier to grasp. In short: Iota client doesn't need to order transactions, it doesn't need to track balances, it doesn't need to validate transactions most of time except lightning-fast verification of a PoW token.

That is why you should consider to hire a technical write to convey the complicated concept to the public in layman term. They  can do magic work some time.

3
General Discussion / Re: IOTA + Bitshares
« on: October 31, 2015, 01:41:19 pm »
If there is no mining, how can the node benifit from runing a pow node?
Benefit comes from ability to send transactions.

Basiclly, can you tell how many roles there and how they act and why they join.
One role. Cooperation with peers gives benefits to every participant, this is why they will join.

the motivation for parties to run the nodes is to be able to enjoy a free and efficient marketplace. The parties either have lots of data available to sell or want to buy lots of data or both. But they can't trade their data without Iota because it is either too expensive to trade these kind data in a regular market or there is no place to trade at all. Therefore, the parties will waste their data (income resources) if they don't participate (running nodes because they need to stay online all time to look for trading partners) in a marketplace enabled by Iota. That is  the motivation, namely the opportunity to make profit and money.  It is the ultimate motivation for business activities.

A not very good analogy is uber and airbab markets. Before uber and airbab, those individuals who participate in uber and airbnb could not have the opportunities to offer their services to other people to make money for themselves because there either no such kind market or too expernsive for them to offer their service in the old marketplace. But with the marketplaces enabled by uber and airbnb they can.

PS - this is why I also like Siacoin so much because Sia is building a similar marketplace for the cloud storage industry. Sorry for trying to sell your another coin. :)

5
Technical Support / Re: Announcing BitShares 2.0
« on: October 06, 2015, 08:27:53 pm »
Bts is already a smart contract platform (since cfds are kind of smart)
as for turing completeness: who knows .. mayve someone is already working on a proposal to upgrade the protocol

Did you mean that users can program their own custom contracts in this platform like in Ethereum?

6
Technical Support / Re: Announcing BitShares 2.0
« on: October 06, 2015, 08:00:07 pm »
Will smart contract or turing completeness be added into Bitshare2.0 in the future?

7
SIA is on Poloniex now - https://poloniex.com/exchange#btc_sc

Cheers!

8
What's your Big O efficiency in terms of request and delivery of chunks?

I also got more answer from a dev for you:
Quote
"chunks" (currently entire files) are indexed by file contract ID; this mapping is stored in a hash table, so lookup efficiency should be O(1). During transfer, the data is decrypted and its Merkle root is calculated; IIRC these operations are both O(n). Finally, I believe reconstructing the erasure-coded chunks is slightly worse than O(n), but I don't have an exact figure. We are, however, using this library: https://github.com/klauspost/reedsolomon which claims >1GB/s throughput, and our local tests have confirmed this. In short, Sia's algorithms do not add significant overhead to download speed. Far more relevant are 1) your download bandwidth and 2) the combined upload bandwidth of the file's hosts.

GitHub
klauspost/reedsolomon
reedsolomon - Reed-Solomon Erasure Coding in Go

If you want discuss more and know more about Sia, Sia slack is better place. You are welcome to sign up on the Sia slack - https://siatalk-slackin.herokuapp.com

9
Current Sia's storage limit is 500MB. In the next release (in the mid of August) the limit will increase to 5GB (enough for a dvd) and the upload stability will get much better as well.

As the dev mentioned "So far, out of ~1200 files that have been online for ~8 weeks, not a single file has been lost. This is even without the stability and renewing code which we will be introducing in a few weeks."

10
Sia new client v.0.4.0 is expected to be released in the mid of August. This new client will make dramatic improvement.

11
testing the wallet now.
here's my address if you got some small amounts for me to play with :) 393c5fa7f445cc938172f70f8eba3ee2c90049aea7240b5c86a603f9e8c9d24df1048c7ab616
edit: how do you mine in windows?

I think someone will help you on window mining here - https://bitcointalk.org/index.php?topic=1060294.1540

12
Indeed, there are many opportunities in Sia. You can mine Siacoins, renting out storage space to earn Siacoins, and use Sia platform to cheaply store and backup your stuff. You also can build business on Sia. Sia is the first of its kind in production.

13
You can get an auto invite and sing up in Sia slack here - https://siatalk-slackin.herokuapp.com
There are more activities on the slack.

15
General Discussion / Re: Consensus on the list of delegates
« on: April 09, 2015, 06:58:25 pm »
So 1000 people with 25% total stake notice that their transactions are not confirmed for a long time. Votes of these people are enough to replace 51 delegates. How will they notify the others that something went wrong?

The same concern has been shared by Vitalik - https://www.zapchain.com/a/FRsI5InA2e
Quote
DPOS: not too comfortable with people voting honestly as a security assumption (as I recall, there was an empirical result that showed that due to the mass of people non-voting you only need ~8% of stake to perform a "51% attack"), would prefer it used a more standard BFT algo between the delegates, but otherwise makes sense.

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