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Messages - Pheonike

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76

The point is, if people think that BM moving on will destroy bts, then it was already destroyed.  The main point is for bts to decentralised  and self governing. If one person or group leaving the project can destroyed it, it had already failed. BTS has the tools it needs to carry on. Being able to survive without its creator is the hallmark of any successful project or species.

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77
General Discussion / Re: Graphene GUI testing and feedback
« on: April 18, 2016, 04:14:43 pm »

I think we need to add the option to make open.btc a base token for the market panel. There are a lot using it for buying/selling.

78
Easily give up? Are you kidding? He has put in years of development for this platform in face of ppl like you criticising every step. He put in place a mechanism  for bts to be self sustaining . It's the ppl who don't want fund workers who have given up.

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79

I think this description needs to be added. We should be selling the DEX not Graphene on the home page.

The BitShares Blockchain now has a whole new purpose.

Not only is it a second generation coin containing a decentralized exchange that produces smart-currency products...
Now it's also a transparent inter-company network letting exchanges give their customers and assets trading access to customers and assets on other exchanges.

Instead of competing with traditional exchanges,
we are multiplying the markets they can enjoy by networking with each other.


Here's the details about why this is revolutionary:

Now that you've had time to absorb all the cool new features in BitShares 2.0, its time to start unveiling some of the implications about what is possible.  In this post, I'll lay out one of them.

The BitShares Smartchain can serve as a backbone
to support live trading between traditional exchanges. 

Now, instead of having separate shallow markets inside their own stovepipe order books, they can use BitShares to enable all their customers to trade all their assets with the customers and assets of other exchanges.  Small exchanges can band together to attract medium exchanges to join them to compete with still bigger exchanges.  Like a rolling stone.

This greatly expands the network effect, liquidity and market depth of all participants.  A bigger pie for everyone.

And with our new referral system, every participating exchange keeps their own profits from signing up their own customers and issuing their own assets.

We have the perfect way for them to safely compete and cooperate on a single, compelling, transparent exchange network.

The BitShares Exchange Network.

So, exchanges can do more than just serve as gateways and bridges.
They can publish their own order books transparently on our Smartchain.
So everyone can KNOW that they are honest and solvent.

And every customer holds the keys to their own assets, fully decentralized where they won't be such juicy targets for hackers.
With easy to use multi-sig accounts to make those decentralized accounts even more secure.

BitShares 2.0 has the industrial strength to handle the workload of all member crypto exchanges combined.
It is the perfect application to serve as an inter exchange networking back bone.
(Almost like we planned it that way.)


Yeah, but it will never happen, right?

Not so fast! Check out this week's Big BitShares Announcement!

CCEDK.com will put its exchange on a transparent Smartchain offering to trade with other exchanges there.
(And provide them fiat ramps and crypto-aware debit card support in the mix.)



80
That's great Stan, why isn't any of this mentioned anywhere on the bitshares.org or Openledger.info? How is someone suppose to know that? Information like should be on the  site somewhere instead of buried in the forums where no one will ever find it.  It's seem the bitshares homepage is more of a graphene homepage. This is the information that should be on the bitshare.org sense it actually describes how the exchange works. The graphene info should been on separate page or have a site dedicated to it.  This why people are always confused about what bitshares is. It's an exchange, but it doesn't function like a typical exchange.

81
I see your point, but when you advertise  "OpenLedger, which is a decentralized financial platform - in fact, the de facto BitShares 2.0 platform", you are kinda taking on the responsibility of promoting everything for and about Bitshares. You can't be the "de facto Bitshares 2.0 platform" and be separate at the same time.

I never thought I was separate in fact, this is why I dont get why Openledger is not put out there more than it is. I dont have any problems promoting Bitshares as it clearly shows, but in return I am not shown the same appreciation on forum of what i am in fact supposed to be promoting, so all my work of promoting bitshares is in fact giving in some ways a negative effect as users not finding OpenLedger may think that what is mentioned in articles is not all correct and they get the wrong feeling from day 1.

I was asked from Stan once if OpenLedger is neutral and meant as a BitShares platform, and I said yes I believed it to be a Bitshare platform with the focus of giving bts the best possible conditions in future, and in order to bring the message out to the initial masses of other crypto minded people as first step to mainstream acceptance it is sometimes wise to present a neutral name like OpenLedger for easier access and quicker acceptance. Then you can always speak about BitShares once they have entered the door and felt the furniture.

The quickest way to mainstream acceptance is not a straight road, and although I do believe in cutting corners, it is all in all a lengthy process.

On top of all, the assets promoted are all allowing an increasing amount of bts to be used for the good of the network, all are part of the BTS platform therefore promoting same everytime a new user buys these assets after having signed up, well some even buy the assets before signing up, but all in all everything promoted here is promoting bitshares.

You are doing a great job Ronnie. I guess it has never been clear what the relationship is between Bitshares and Openledger. Is Openledger a rebrand of Bitshares? Is it the frontend for Bitshares? Is it independent from Bitshares? What is the role of wallet.bitshares.org? How does OL relate to other ventures? How do other projects relate to OL such as Metaexchange, BlockTrades? Does OL represent Bitshares when dealing with other entities such as CoinsBank. Is OL involved the technical development of Bitshares or just marketing? When there there are technicals issues in OL who is repsonsible Cryptonomex, Blocktrades, the community as a whole. Is CCEDK just a gateway for OL?

So as you can see, there are lots of questions with no clear answers (as least so far). So it's not a question of your intentions, it's trying to understand how the pieces fit together so we can be  ore efficient. Example, You just put a video of how to deposit/withdraw btc from OL. Hours later SVK is saying the next update will move the depsot/withdarw to the top menu. Seems like we wasting resources and time by not knowing how all this should be working.

82
I see your point, but when you advertise  "OpenLedger, which is a decentralized financial platform - in fact, the de facto BitShares 2.0 platform", you are kinda taking on the responsibility of promoting everything for and about Bitshares. You can't be the "de facto Bitshares 2.0 platform" and be separate at the same time.

83

Contributer: LISK

1. shentist : 2.000

2. onceuponatime: 1000

3. Pheonike: 500

84
Its very simple, "He who holds the private key holds the vote". They gave their right to vote away when they gave their shares to POLO. Therefore it's more valuable to them to use the POLO exchange than it is to hold BTS. The only way to change this is to make our DEX a more valuable place to trade on than any other exchange when it comes to BTS. Anything outside of that is a waste of time an energy.

Just think if Polo pulled a Yunbi but with their own workers.  It isn't going to happen, but I wonder whose opinions would change.

If it did happen, who fault would it be? It's our fault for not thinking through a proper solution for it. Besides this is all based on non-binding social contracts rights?

85
Its very simple, "He who holds the private key holds the vote". They gave their right to vote away when they gave their shares to POLO. Therefore it's more valuable to them to use the POLO exchange than it is to hold BTS. The only way to change this is to make our DEX a more valuable place to trade on than any other exchange when it comes to BTS. Anything outside of that is a waste of time an energy.

86
General Discussion / Re: Smart markets
« on: April 06, 2016, 08:23:45 am »
 +5% +5% +5%

87
General Discussion / Re: Looking for Deposit Tutorial for OPEN.BTC
« on: April 06, 2016, 12:45:27 am »
Those are good, but I think you should focus it on web wallet. That's the one the majority of ppl are going to us.

88
General Discussion / Re: Ideas for a redesig of the fee architecture
« on: April 05, 2016, 10:14:14 pm »

I would say

Market fees
Lifetime/VIP  fee (Lifetime should be give access to certain features like multiple accounts in a wallet or cheaper market fees).



89
General Discussion / Re: Ideas for a redesig of the fee architecture
« on: April 05, 2016, 04:39:24 pm »
Keep hearing that features are in the protocol but not the GUI. So is adding features to the GUI that exist in protocol considered maintenance or new development?

90
Dont blame the worker. It was the BitShares stake holders who changed the conditions of agreement by voting it out.

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