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.


Messages - dna_gym

Pages: [1] 2
1
Technical Support / Re: [DOWNLOAD] BitShares Blockchain [31-05-2015]
« on: June 27, 2015, 06:23:30 am »
It would be helpful if you could attach sha512 number in the PGP message, thanks.
My results are below.

Hashes of:
"BitShares Blockchain Snapshot 31-05-2015 del.fav.zip"

MD5:
698674c1a47ee35de2f2075681670141

SHA1:
11cbb2f2b6efb8e3a04513b194e57f3b265b1f05

SHA256:
b4680b29d041e86ea9eee8261b1a1d4ef1f7e5e70bdc80d16febfa9ba31a74b7

SHA512:
44d3400e1ea5565d74f51f875ff75897bc7f9ea7198d1f53807e22a05bfd1640617224046eee7872833cbd03a3057fc3df2c60383317363f3b8f6bd0ee74669d

2
General Discussion / Re: Ripple fined
« on: May 06, 2015, 01:12:04 pm »

BitShares - we're not a decentralized exchange, but a ___(1000BTS bounty)_________


decentralized unit transducer  :D

decentralized market mirror   ;D
price exposure converter :)

3
General Discussion / Re: Research Help
« on: April 06, 2015, 12:06:36 pm »
Quote
3) Same question for Ripple
I have read that Ripple "transaction validators" don't need prior "ledgers" to operate, they just sign current ones and not necessarily store previous ledgers (in fact ledger before #32570 is already lost and not "recoverable", someone says.)
They claim they solved "scalability problems" by adopting this method and many people say Ripple does not use "Blockchain" technology.

Quote
That's actually a problem currently - there is no server on the network that has any ledger before 32570 (the older ledgers got corrupted in "ye olden days" and nobody got around to fixing them). ...
(https://forum.ripple.com/viewtopic.php?f=1&t=4717&f=1&t=4717#p28026)

Btw, regarding consensus technology (which is the most basic foundation of crypto and the most important part, I think),
I found that Nxt's algorithm is super-cool.
Here is the graphical inspiration: (http://nxtportal.org/forgers/)

Quote
[Re: Concise but complete technical description of various proof-of-stake (PoS) schemes?]
(Come-from-Beyond says:) The software determines the best chain by analyzing ratio of transactions belonging to well-known participants (e.g. Walmart, Alibaba, Coinbase) of the economical cluster using Nxt. Non-legit chains can't include such transactions because every transaction refers to a block mined several minutes before the transaction timestamp, which prevents inclusion of majority of the transactions into chains with lower cumulative difficulty or into chains generated by an adversary.
(https://bitcointalk.org/index.php?topic=1012241.msg10987520#msg10987520)

4
General Discussion / Re: EMERGENCY : the market is broken
« on: March 22, 2015, 06:12:27 am »
Why is it necessary for shorts to compete on both interest and price? If we set the price as always equal to the feed price, wouldn't the interest rate suffice to queue shorts? Then the 50% order would be at the front of the queue and easily get taken out on small volume, and interest would normalise after that.

If you force shorts to always short at the feed price, then in a bear market they will self-short and just sell the BitUSD at a higher BTS/BitAsset price in the free BitUSD : BTS market. Allowing shorts to match above the price feed just takes this two-step process and makes it a one-step process for the shorts.

The BitAsset design isn't flawed. This is simply a bug in the implementation of the design. And that bug should be fixed as soon as possible. Let's not pretend this is some flaw in the design that requires us to rethink the whole thing. It is just an unfortunate coding mistake.

If I understand correctly, the above-mentioned self-shorter problem never exists.
The self-shorter will never make a profit, because his left hand loses (not enough high price for shorts) and his right hand wins (bought cheap BitAsset and placed sell order at high price waiting to be bought), the sum will be zero minus fees.

My understanding is that the feeds are introduced to "block" downward movements in BitAssets (apparent BTS price increases).
The current feed design doesn't "block" upward movements in BitAssets, which is considered unnecessary by the devs.

As for the shorter's price and interest rate argument, I want to confirm that the first preference is the price (the lower, the higher priority) and if the price being equal, the system compares the interest rate (the highter, the more priority), is that correct? Thanks.

5
General Discussion / Re: Simple Binary Prediction Market Discussion
« on: February 12, 2015, 05:07:23 am »
If both parties have equal amount of collateral tied up you could force them to settle quicker by applying demurrage to the collateral. The longer they wait the less they will get back at the time where they close the bet position. Demurrage rate could be applied in different proportion based on the VWAP of the last price on the market. Since all the honest betters will have settled earlier the VWAP will be difficult to manipulate. For instance, if demurrage rate is 2% per day and the vwap is 0.9, the loser will bear 0.9*2=1.8% demurrage whereas the winner will bear only 0.1*2=0.2% demurrage. In this condition, the loser is better off settling quickly.

Whatever the specific way this is inplemented, the counter-incentive of waiting should always be higher than the incentive of waiting so that the equilibrium will form on (tell the truth,settle early).
+5% .
This is clever. I'm scary participating this though.

6
General Discussion / Re: Simple Binary Prediction Market Discussion
« on: February 11, 2015, 05:18:38 pm »
I agree to toast. Prediction markets are a WHOLE NEW THING after Bitcoin's decentralized currency.
PMs will actually give utility to society, this is a big difference.

p.s. but please make the original product first as we don't know the uncertainties of PMs.

7
General Discussion / Re: Will Darkcoin pass Bitshares today or tomorrow?
« on: February 11, 2015, 04:59:59 pm »
This shows an example demand is stronger when dedicating purely to "money-ness".

8
No, its more like "How the 'merger' killed bitshares"
Satoshi was against incorporating "BitDNS" feature (and other "generalization" features) into Bitcoin,
saying:
Quote from: satoshi
Piling every proof-of-work quorum system in the world into one dataset doesn't scale.
I hope above helps.

9
I think the faucet is not working now.
I'd like to register an account: BTSX6SSp4NEQcWcS9F8DEw3QehG1oYMmPs7aajSrZfafmkr1t5nWuj
Thank you!

Sent

 :)
Quote
MEMO
Good Luck!
Thank you!  :)

10
Interesting. "FairPumps"   :D

11

Well discussed 'issue', including semi-serious thread yesterday.

The good part is you can flip the market in the GUI, so you can see the market the way you like it better.
Thank you for the reply.
What's the yesterday's semi-serious thread?


12
I think the faucet is not working now.
I'd like to register an account: BTSX6SSp4NEQcWcS9F8DEw3QehG1oYMmPs7aajSrZfafmkr1t5nWuj
Thank you!

13
General Discussion / About Price Notation at Markets on Bitshares Client
« on: December 06, 2014, 04:24:13 am »
I noticed the two different notations describing how much price one asset is relative to some other assets.

For example, I can write that Bitshares' price is 54 BTS/BITUSD (54 Bitshares per BITUSD).
But sometimes one can write that the conversion ratio of BTS/BITUSD is 0.0185 (Bitshares to(by) BITUSD is 0.0185?).

The latter notation comes from the mind of one can exchange 1 BTS to 0.0185 BITUSD, or assuming some hypothetical value unit of Universal_Value_Unit:
BTS = x Universal_Value_Unit .
and
BITUSD = y Universal_Value_Unit .

So the ratio BTS/BITUSD = x/y = 0.0185 .

I think the second notation is more familiar at various sites which I visit, for example:
ttp://k.sosobtc.com/bts_btc38.html
ttps://bitcoinwisdom.com/markets/bitstamp/btcusd
ttp://finance.yahoo.com/q?s=EURUSD=X

And assuming 1 BITUSD is more valuable than 1 BTS, my thinking goes like BTS/BITUSD should less than one because the denominator is greater than the numerator.
So the price notation at the market on Bitshares Client like:

PRICE (BTS/BITUSD)
54.0000
54.2974
54.6000
54.6155
54.6900
...

confuses me (although it might be a problem one should overcome by getting accustomed to it).
So I want a change in notation but other poeple might have opinions which are opposed to mine.

How do you think about the price notation? Thank you.  :)

14
General Discussion / Re: About the price,i want to say···
« on: November 20, 2014, 04:44:10 pm »
 +5% +5% This is exactly what I wanted to say, I was frustrated because I couldn't express it. Thank you. I am sharing your opinion.
I hope CoinHoarder also sympathize with your concern and he has a good reputation and could appeal to a wider range in the community.
I was frustrated because BM and Stan appeared to not noticed the problem ("1.only a simple model can attract investors").

15
I cannot understand the motives.
OP hates wasteful uneconomic POW mining or he applauds POW for giving a good clue to light-weight clients. Which is true?
This sort of attack will surely impact the hashrate of bitcoin network as this is simply a bribe. And I think the consequence is introducing chaos only.
Anyway I enjoyed reading your hypothetical scenario, as this is necessary for a cryptocurrency's  security assessment.

edit: I was surprised by this post  ;)

Pages: [1] 2