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Messages - dannotestein

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106
I haven't had time to read this whole thread, but Eric and I worked out a way earlier today to do a fully-decentralized version of sidechains that doesn't require multi-sig authorities, which from my limited reading would overcome the major objection originally expressed about sidechains in the OP. It wasn't prompted by this post, but by interest in linking graphene-based chains to ethereum (the original impetus being to link to ethereum as part of a move to get DAO support for peerplays). There's a fair amount of work involved in the implementation, but not an insurmountable amount by any means. So if peerplays is successful in getting DAO funding, it looks like we'll make this happen.

I find that very hard to believe, because I had convinced myself this is fundamentally impossible. Very interested to see what your solution is, what its limitations are, and whether it actually addresses any of the concerns of the OP.
There's lots of details I don't have time to go into now, but the essence of the technique is to extract sufficient data from one blockchain to create a proof-of-burn (or proof-of-lock) that the other blockchain will accept if published to that blockchain. On etherium, a smart contract would serve as the arbiter for that proof. On a graphene blockchain, the validation would be built into the blockchain protocol. Most of the details lie in how to efficiently construct such proofs. Part of the proof is information that indicates the owner on the blockchain accepting the proof.

107
I haven't had time to read this whole thread, but Eric and I worked out a way earlier today to do a fully-decentralized version of sidechains that doesn't require multi-sig authorities, which from my limited reading would overcome the major objection originally expressed about sidechains in the OP. It wasn't prompted by this post, but by interest in linking graphene-based chains to ethereum (the original impetus being to link to ethereum as part of a move to get DAO support for peerplays). There's a fair amount of work involved in the implementation, but not an insurmountable amount by any means. So if peerplays is successful in getting DAO funding, it looks like we'll make this happen.

108
General Discussion / Re: User created assets
« on: June 08, 2016, 06:29:52 pm »
Do you know how I can clam this  asset ?


Asset OPENBTC
OpenLedger Bitcoin-backed asset - https://openledger.info/

Issued by: openledger-wallet

Asset details
OPENBTC : BTS
What do you mean by "claim this asset"?

If you mean, how do I convert OPENBTC to BTC, do the following:
1) buy OPEN.BTC using your OPENBTC on this market: https://bitshares.openledger.info/#/market/OPEN.BTC_OPENBTC
2) withdraw your OPEN.BTC from the CCEDK tab in the Deposit/Withdrawal area of your account

109
@dannotestein could you update us on this proposal? you are still working on this, right? and what's your plan on it in the coming future?
Hi @bitcrab,

I answered this in another thread (https://bitsharestalk.org/index.php/topic,22528.msg293114.html#msg293114), but I guess parts of that thread bear repeating here:

I'm treating the funds accumulated in this account as "allocatable" to blockchain maintenance projects. So if someone proposes to fix a bug at a cost I consider reasonable, I can guarantee that there's sufficient funding to pay for the work. So while funds will build up at times when no one is specifically working on a project, those funds will only be paid when work is performed (and I'll post about the amount paid and what work was done by whom). If the amount builds up to an amount I consider excessive, I'll simply send some back to the reserve account.

At this moment, I've allocated $1000 USD equivalent of BTS (actual amount paid will depend on BTS price at time of payment) from the fund for BlockTrade's work on the memo key bug. I'm also planning to spend some from this account to partially pay for work being done on adding the ability to distribute dividends to UIA holders. Beyond that, we'll just be on the lookout for other problems that arise or a compelling feature that seems to have community support that can be added at relatively low cost.

In other news, I have hired a new web programmer who will start in 2 weeks, and I plan to assign him some tasks related to improvement of the web wallet. If there's no major objections, I would pay him part of his salary from the blockchain maintenance worker and I'll subsidize the rest.


110
General Discussion / Re: Transaction counts of other chains
« on: June 04, 2016, 09:10:19 pm »
https://bitinfocharts.com/comparison/transactions-btc-eth-ltc.html

Litecoin is flat because its just a coin, whilst Ethereum is already at 40-60k transactions per day, whilst we can barely make 5K:
http://cryptofresh.com/charts (turn on limit order create & cancel)

Q: What smart contract is Ethereum actually being used for to generate such a high transaction count per day?
Raw transaction count probably isn't that meaningful a number, since it can be any silly thing under the sun. Enable feeds on the the cryptofresh chart and you get around 15K per day. And we could easily have a ton if someone just decides to spam the network.

111
steem is not a forum
It may not be yet, depending on your definition, but I think that's one clear goal for it.

Sent from my DROID RAZR HD using Tapatalk


112
Openledger / Re: ccedk hello
« on: June 04, 2016, 02:02:47 pm »
Yes, yunbi that is to forget to write notes.I want to send the transfer records to you, I would like to ask what the mailbox
Opensupport@blocktrades.us

Sent from my DROID RAZR HD using Tapatalk


113
Openledger / Re: ccedk hello
« on: June 04, 2016, 04:47:23 am »
I have a pen muse form yunbi Transfer to openledger-wallet,yubi Morning has been completed,Why didn't I haven't received the booking?number:199990muse,remarks:open.muse:lxw
I strongly suspect the problem is that yunbi cannot send memos and silently "threw away" your "remarks", so your transaction was just an "unrecognized transaction" to openledger because openledger doesn't know where to send the resulting open.muse. I'll pm you with further details on how we can resolve this and get you your open.muse.

114
STEEM!
yes, I think it should be pretty obvious at this point that this was early "market research" for steem.

115
General Discussion / Re: User created assets
« on: June 03, 2016, 09:40:55 pm »
Thanks lucky it wasn't scammed for much .  Why does open ledger let people create assets like this ?  in NXT the asset ID has to match this should be fixed for new users like myself because people might not use the platform in the future because of this type of stuff . I do like open ledger but this kind of stuff could turn people off .
OpenLedger only has control over OPEN. assets. BitShares lets you control a set of assets with a particular prefix (e.g. OPEN. or METAEX.), but names at the top level namespace can be purchased from the system by anyone (and probably too cheaply).

116
Technical Support / Re: Open Ledger won't let me trade
« on: June 03, 2016, 06:30:29 pm »

The market told me my fee was .14 BTS and I have a balance of 90.I guess I'll sell some of my OPEN.BTC and acquire more BTS under the assumption that the .14 fee is wrong.
No, that sounds like the right fee, and 90 BTS is plenty to do a lot of trading. What account are you using? I looked at "gamey", but it has no BTS...

117
I don't think we need to rebrand BitShares as such, partly because I don't like rebranding in general (wastes precious time, sends a conflicting message, and usually leads me to suspect it's being done because of mistakes made in the past) and partly because I don't think it is a bad name.

But I do think it would be beneficial to promote the use of the term DEX as "ours" in our marketing literature (web site, social media, and even the web wallet). I use this term all the time in telegram/slack, as do many others, to describe our trading network. So I suggest we keep BitShares to describe the coin and the chain and use "the DEX" to describe the actual market that runs on the chain.

118
Technical Support / Re: Open Ledger won't let me trade
« on: June 03, 2016, 05:01:35 pm »
No the wallet already handles fee pools and lets you pay the fee either in BTS or the asset you're looking to sell. If you have enough funds then I'm not sure what's going on here, perhaps try to switch the fee asset back and forth?


Sent from my iPhone using Tapatalk
Where do you see the "fee asset"? It doesn't give me the option when I try to place an order and I don't see anything similar in the settings section except "Preferred Unit of Account" (which I thought would only affect what "equivalent value" I have for each asset I hold).
Click on the asset name where you see the trading fees, it's a selector.
Ah, ok, I see it now. I was looking for it in the confirmation dialog.

119
Technical Support / Re: Open Ledger won't let me trade
« on: June 03, 2016, 02:58:18 pm »
No the wallet already handles fee pools and lets you pay the fee either in BTS or the asset you're looking to sell. If you have enough funds then I'm not sure what's going on here, perhaps try to switch the fee asset back and forth?


Sent from my iPhone using Tapatalk
Where do you see the "fee asset"? It doesn't give me the option when I try to place an order and I don't see anything similar in the settings section except "Preferred Unit of Account" (which I thought would only affect what "equivalent value" I have for each asset I hold).

120
Technical Support / Re: Cryptofresh worker "Current Balance" bug
« on: June 03, 2016, 05:56:50 am »
I suspect the current balance simply isn't recalculated all the time on cryptofresh. You can see your current "unclaimed pay" under the "voting" page in the webwallet for an up-to-date accounting (shows you have 36110 bts as of this posting).

As to the green banding, I've always been curious as to its meaning too. My guess is it's the voting amount by which the given worker exceeds the first non-voted-in worker, from looking at the relative sizes of the green bands.

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