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 - CoinHoarder

Pages: 1 ... 35 36 37 38 39 40 41 [42] 43 44
616
IMHO, at least for now, the bottle neck of the DAC industry is far from a property of "scriptable" or "programmable".
It's mechanisms, performance, economic model etc.

+ solid ideas like bitassets  :)

I guess I agree with you there, but I am looking into next year and the year after that already!! Some of the Litecoin guys told me I would never be happy with the speed of innovation, no matter what coin I ended up adopting when I was in the middle of my campaign to get them to start innovating... maybe they were right haha.

I like to speculate, think, and debate about the future. It is what I enjoy doing most in the crypto currency community. I am happy with the way and pace Bitshares is progressing thus far, and I look forward to helping nudge you guys in the direction I think you should go. ;)

I think a decentralized poker DAC would be huge too, but making an efficient mental poker is a very challenging problem. The awesome thing is that you guys have the utmost expert on mental poker on your team, Sergio Lerner, but as security analyst. You guys need to really get with him and talk about that, as it is a multi-million dollar industry if done properly... pokerstars just got acquired for one and a half billion + stock in Amaya gaming.

There are some efficiency problems with the mental poker framework and challenges in stopping collusion but I think they are solvable. If anyone is going to figure out an efficient MPF it is Sergio. I think the collusion/bot issues are solvable as well.. I have some ideas and have done a lot of research on it.

617
Bitcoindark looks interesting.. that very well could be one of the best PoW coins out there. I like Bitmark too.

IMO PoW is bad though.. a lot of waster processing power and electricity. Also, once specialized hardware is built they will likely suffer from centralization due to economies of scale.

I don't think it would be a horrible idea for bitshares to consider a PoW coin though to bring more people into the community. There are a lot of people with sha256/scrypt mining hardware. However, I think that is kind of what Bitshares has been lobbying against all this time, since it uses so much electricity to protect the block chain isn't sustainable.

There's been talk for several months of setting up a multipool, blackcoin-style. That way miners can mine whatever coin is most profitable and then have their mined coins automatically exchanged for BTSX. Attracts miners without actually making bitshares PoW.

Sent from my SCH-S720C using Tapatalk 2

This is a great idea. You could even go a step further than that by making both a SHA256, Scrypt, and GPU pool. Alternatively, you could make Protoshares mine-able by multiple algorithms like the crypto currency Myriadcoin.

618
General Discussion / Re: How convenient for Ripple....
« on: August 26, 2014, 03:06:53 am »
That is not true, they did not make more ripples, it has to do with how Coinmarketcap calculates the market cap of Ripples. https://www.ripplelabs.com/xrp-distribution/

There has always been 100 billion Ripples, but Coinmarketcap doesn't count the ripples that Ripple Labs owns in the market cap on their web site. It seems ripple labs either distributed more of the ripples to users, or if you read the asterisk on the user's ownership it says:

*Total include business development agreements that are still pending.

It seems they probably made a "business development agreement". Whatever that means.. Technically, Ripple has a market cap of $487,000,000

Not that I'm a huge fan of Ripple.. but that's just how it is. :)

619
I just wanted to pop in and say I agree with you.  +5%

620
By the way, one thing Fuserleer said stuck out to me in his eMunie update the other day.

Quote
Turing complete scripting engine utilizing a Javascript/Java hybrid and GUI integration (Etherium +100)

This made me think.. maybe Ethereum is making a decentralized programming language harder than it really is. What if an existing programming language can be ported to a decentralized block chain? Is it just me, or does that sound like what he did (and/or is doing) with eMunie??

I could be totally off on this, but it may be possible.

621
That is awesome.. they did this pretty fast! It is impressive!  +5%

622
Stakeholder Proposals / Re: Vote for me :)
« on: August 26, 2014, 01:14:10 am »
I'm on board! Vote this guy in, folks. The best way for us to grow is by attracting top talent from other communities. Coinhoarder brings a wealth of experience and trust with him.

Thanks for your support. I am dedicated to making Bitshares a success in helping out any way I can. Since I left the Litecoin community I've been looking for a place to call home, and I like what you guys are doing over here and want to help.

623
Don't take this the wrong way... I'm not here to spread FUD. I think it is important for the success of Bitshares to keep an eye on other projects that are in development and plan ahead accordingly. I am just interested in everyones opinion on the following projects. We already know Nxt is a competitor, but I haven't heard much talk about these projects aside from Ethereum over here.

Are these projects serious competitors? If Ethereum is not interested in a partnership with Bitshares, should we seriously think about building a decentralized programming DAC to compete, or continue with application specific DACs? IMO decentralized programming languages could be a threat to all application specific DACs. However, 3 out of 4 of these are PoW coins so that is one thing Bitshares has going for it versus those, and I think a decentralized programming language built on top of DPoS could outperform them.

Ethereum - decentralized programming language
Bitcoindark - a lot of features like Nxt, but with a decentralized programming language https://bitcointalk.org/index.php?topic=684090.0
Emunie - a lot of features like Nxt, also with a decentralized programming language https://bitcointalk.org/index.php?topic=755057.0
Nubits - seems to be competition specifically for the BitsharesX DAC (admittedly there's not much info about this out yet, but it sounds like it will be a competitor to BitsharesX.. there is more info on the Peercoin forums) - http://www.nubits.com/

Feel free to move this thread if you feel this should be in a different sub forum.

624
Stakeholder Proposals / Re: svk Delegate Bid
« on: August 25, 2014, 11:28:34 pm »
Voted for ya, nice job with the block explorer!

625
Stakeholder Proposals / Re: Vote for me :)
« on: August 25, 2014, 11:22:28 pm »
pretty deep experience with crypto currency, check
reach out to new markets, check
below average pay rate, check

sounds like a win win win, you got my vote fwiw

welcome, we need more with your background!

Thank you, I'll back you guys up too. I already voted Xeroc in earlier for helping me get my delegate rig up and running. :)

626
Stakeholder Proposals / Re: Vote for me :)
« on: August 25, 2014, 10:30:29 pm »
Another strategy is to bring in some of your outside supporters. If you are trusted on another forum, bring some members from that other forum here, get them to download the BTSX wallet and get registered, and soon they can vote for you also.

Yeah, that could work. I do have a few people I could hit up. :)

I guess I'll think it over a bit more and come up with a plan. Thanks for the suggestion.

Thanks you for deep and perfect posts, you get my vote.  +5%

Awesome, thank you very much!   :D

627
As I understand it, if there was a 50% crash right now, the peg would be screwed because trading is disabled therefore shorters cant be forced to cover. Is that just about correct?

In that case, wouldn't they be forced to cover once the market comes back into action??

Yes but if the shorts did not post enough collateral, they could get away not losing as much BTSX as they should when the market re-opens. Im just trying to figure out how BTSX deals with this.

Ah yeah, good point. Well, lets hope that doesn't happen! Short of a flash crash I don't think it well, especially considering the recent upwards trend.  :D

628
As I understand it, if there was a 50% crash right now, the peg would be screwed because trading is disabled therefore shorters cant be forced to cover. Is that just about correct?

In that case, wouldn't they be forced to cover once the market comes back into action??

629
Bitcoindark looks interesting.. that very well could be one of the best PoW coins out there. I like Bitmark too.

IMO PoW is bad though.. a lot of waster processing power and electricity. Also, once specialized hardware is built they will likely suffer from centralization due to economies of scale.

I don't think it would be a horrible idea for bitshares to consider a PoW coin though to bring more people into the community. There are a lot of people with sha256/scrypt mining hardware. However, I think that is kind of what Bitshares has been lobbying against all this time, since it uses so much electricity to protect the block chain isn't sustainable.

630
At least it can be fixed somewhat easily it sounds like. Good work noticing the problem.  :)

Pages: 1 ... 35 36 37 38 39 40 41 [42] 43 44