106
General Discussion / Re: Do you follow the Bitcoin trends?
« on: October 13, 2014, 04:30:46 pm »
Enlighten us, plz
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108
General Discussion / Re: Dan Larimer's Keynote Speech at Inside Bitcoins in Vegas (Audio)
« on: October 11, 2014, 10:02:40 am »
great speech, thanks for putting it on here
109
General Discussion / Re: How much of your BTSX stake are you actively voting with?
« on: October 02, 2014, 11:05:56 am »I wouldn't know why you would be exposing your stake to hackers when voting.
The more crucial question than much stake one is voting with (because that is easy = vote for 1 delegate and transfer all stake to your own account) is "for how many delegates is my whole stake voting for?".
Because: A shareholder's voting power is maximized when he votes FOR 101 DELEGATES with his whole stake. If a shareholder only votes for 1 delegate with his whole stake he only used 1/101 of his voting power. See http://wiki.bitshares.org/index.php/ApprovalVoting https://bitsharestalk.org/index.php?topic=5205.0
It is healthy / secure for the system if every shareholder maximizes the effect of his voting shares so that an attacker does have a hard time voting his bad delegates in. In the future delegate slates will solve this but it makes sense to create awareness for it anyway. Shareholders have to understand their "company" and the rights they have in it!
...This is also the reason why it is not selfish for a delegate to set up 20 own delegates because then a shareholder can vote for 100 delegates controlled by 5 people (who each have 20 delegates) he trusts. Delegate slates will be a solution to this but until they are established this is better than only voting for 5 delegates controlled by 5 different people.
Firstly i just through a few ideas out there, i'm sure there are better. I just wonder whether the community as a whole sees any merit in developing the voting system further in a way that maximises votes cast?
Maybe someone could clarify if you were to receive some kind of reward for voting would you be "be exposing your stake to hackers when voting" or would Titan keep you covered?
Thanks for the info on voting more than one delegate, i did realise this but i simply don't want to vote blindly and i haven't "got to Know" any other delegates. I know i need to make the effort to make more time. However its a fact of human nature that we engage a level of effort parallel to our interest in the subject.
So what i am saying is we need to increase peoples interest in the subject. Can be carrot, stick or both and lets get to know the delegates a bit more so can contect with them and support them.
110
General Discussion / Re: How much of your BTSX stake are you actively voting with?
« on: October 02, 2014, 10:12:04 am »
This is an important debate and will get very important as its a potential PR attack point. I personally have only used about 10% to vote with. They went to zerox, hes very active and helpful.
So why haven't i voted with the other 90%? Two or three reasons (four it seams)
1. until the bugs are all out i am reluctant to open wallets with large balances. (is this Justified?)
2. I have seen the page where delegates say what they will do. This is all well but to vote i need to feel like i know the delegates a bit better. Being active on the forum is great for this because you can get an idea of a persons personality/approaches to life.
3 I still don't 100% understand it, for example, does my vote last for ever until i change it? A video would be good here.
4 What's the incentive for an individual to vote? Yes, i know the system fails if none of us do, so its for the greater good but i'm still not pulled to to do it.
So my opinion for what its worth.
We need real incentive or punishment for people to vote. It actually costs 0.5 btsx to place a vote at the moment. Maybe give an few btsx reward, base the incentive on the size of a persons pot. If you own 1million btsx then you get a larger reward than someone with 10,000. This would incentivise all but chanel the costs into getting the most amount of votes cast. For a punishment maybe the opposite? dont vote in a time frame and some of your coins will be burnt?
We also need to know our delegates, im not one who thinks we need their real world identity but each delegate should do there PR bit it might seem strange but i would be interested in what they read/listen to do they like hiking skiing partying, all this information tells us more than the sum of ots words. Voting on cold hard facts is one thing but its natural to want to like the person you are doing a favour to (voting is the favour) You can't get to like/trust/admire someone without feeling like you know them a little.
One thing is for certain, if people don't vote then DPOS is severely weakened and the more who vote the stronger DPOS is.
So why haven't i voted with the other 90%? Two or three reasons (four it seams)
1. until the bugs are all out i am reluctant to open wallets with large balances. (is this Justified?)
2. I have seen the page where delegates say what they will do. This is all well but to vote i need to feel like i know the delegates a bit better. Being active on the forum is great for this because you can get an idea of a persons personality/approaches to life.
3 I still don't 100% understand it, for example, does my vote last for ever until i change it? A video would be good here.
4 What's the incentive for an individual to vote? Yes, i know the system fails if none of us do, so its for the greater good but i'm still not pulled to to do it.
So my opinion for what its worth.
We need real incentive or punishment for people to vote. It actually costs 0.5 btsx to place a vote at the moment. Maybe give an few btsx reward, base the incentive on the size of a persons pot. If you own 1million btsx then you get a larger reward than someone with 10,000. This would incentivise all but chanel the costs into getting the most amount of votes cast. For a punishment maybe the opposite? dont vote in a time frame and some of your coins will be burnt?
We also need to know our delegates, im not one who thinks we need their real world identity but each delegate should do there PR bit it might seem strange but i would be interested in what they read/listen to do they like hiking skiing partying, all this information tells us more than the sum of ots words. Voting on cold hard facts is one thing but its natural to want to like the person you are doing a favour to (voting is the favour) You can't get to like/trust/admire someone without feeling like you know them a little.
One thing is for certain, if people don't vote then DPOS is severely weakened and the more who vote the stronger DPOS is.
111
General Discussion / Re: lost track of DAC's
« on: September 30, 2014, 04:01:21 pm »This may be what you are looking for: https://bitsharestalk.org/index.php?topic=1425.0
Exactly :-) thanks
112
General Discussion / lost track of DAC's
« on: September 30, 2014, 03:43:29 pm »
I saw toasts post today [DNS] ** LAST CHANCE TO CHECK ALLOCATION ** and I believe there has been some kind of lotto allocation with AGS PTS. Would it be possible to have a thread which only announced new snapshots, approximate release date (can be as approximate as you like) and small description of the DAC.
As more and more DAC's get released its going to get harder and harder to keep up. A thread in general discussion, where a lot of us skim to try to keep up to date, would be very helpful for those like me who don't have as much time as would be nice to study all that's here.
As more and more DAC's get released its going to get harder and harder to keep up. A thread in general discussion, where a lot of us skim to try to keep up to date, would be very helpful for those like me who don't have as much time as would be nice to study all that's here.
113
General Discussion / Re: Bitsapphire working on a general purpose bitAsset wallet [designs inside]
« on: September 27, 2014, 06:52:25 pm »
Fantastic job, if it's for general public maybe the default screen could be with rounding to nearest cent. $1.57 looks much more familiar than $1.568765. Or round down if it makes complications ie $1.56. You could have a show more decimal places button if needed.
114
General Discussion / Re: How committed is the community to bitsharesX as opposed to the next "DAC"?
« on: September 26, 2014, 02:17:52 pm »
Bitcoin is pulling further and further away from the competition everyday. The gap of usefulness and adoption is not closing. Bitcoin is increasing its usefulness faster than any altcoin, simply due to network effects. Adoption is driven by usefullness. BitsharesX is not useful because it has virtually no adoption. Technology can increase usefulness only to a limited degree.
I know this argument well. It's one I used to personally hold onto until I realized one crucial thing... How technically difficult do you think it will be to tweak BitPay, Coinbase, Circle and every wallet that exists to be universal? It's pretty easy. Bitcoin is a proof of concept that's doing a great job laying the initial infrastructure but it you seriously think that infrastructure is "locked in" for bitcoin...
very good point, in a way its almost better if the public only learns about bitcoin it makes things less confusing. Then when mass adoption of bitcoin occurs, consumers (being the demanding folk that they are) will want faster, lighter services with more features. At this point a switch to the best alt for the job will be technologically easy and an easy learning curve for the consumer.
115
General Discussion / Re: GSS - Genesis Stake Statistics
« on: September 26, 2014, 01:50:11 pm »
good work guys, and the distribution very well spread for a starting point.
116
KeyID / Re: have you had talks with Maidsafe?
« on: September 26, 2014, 11:23:36 am »I have talked with David at Maidsafe... they will use our DNS system as they don't have a solid solution to that at this time.
wow, great news
https://www.maidsafe.org/t/bitshare-dns/1686
While not rely what we wanted, David Irvine does invite our input on the direction they will take, which is positive. I'm not technical enough to help here but i hope some of you guys will take him up on it.
117
KeyID / Re: have you had talks with Maidsafe?
« on: September 25, 2014, 03:42:33 pm »
Looks like we better not count our chickens until they've hatched.
https://www.maidsafe.org/t/bitshare-dns/1686
While not rely what we wanted, David Irvine does invite our input on the direction they will take, which is positive. I'm not technical enough to help here but i hope some of you guys will take him up on it.
https://www.maidsafe.org/t/bitshare-dns/1686
While not rely what we wanted, David Irvine does invite our input on the direction they will take, which is positive. I'm not technical enough to help here but i hope some of you guys will take him up on it.
118
General Discussion / Re: Headline suggestions
« on: September 25, 2014, 09:47:08 am »
Glad you are making another video, last one was great.
My stab at a title.
Staffless, profitable and autonomous Companies living on Bitcoin Blackchain!
My stab at a title.
Staffless, profitable and autonomous Companies living on Bitcoin Blackchain!
119
KeyID / Re: have you had talks with Maidsafe?
« on: September 25, 2014, 08:34:44 am »I have talked with David at Maidsafe... they will use our DNS system as they don't have a solid solution to that at this time.
wow, great news
120
KeyID / Re: have you had talks with Maidsafe?
« on: September 24, 2014, 10:28:44 am »
There is still quite a bit of value here for websites with questionable political content. (and hopefully not nauseating illegal porn)
Decentralized does not have to mean that anything goes. It should mean that no one authority can shut it down. P2P could be designed so a consensus of opinion could shut a site down. Again this would add real value to .p2p and great publicity as it shows responsibility and a way of tackling the things on the internet that the majority (over 51% of voters) of us believe to be wrong even in a decentralised world. This decentralised morality would also help maidsafe's image immensely after launch when the media is bound to pick on its potential for unsavory characters.
Toast, have you had a chat with David at maidsafe? He seems open and responsive to suggestion.
