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Messages - G1ng3rBr34dM4n

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16
Don't be a zealot, you'll scare him away. All his advice so far has been good, including this post.

 +5%

Thanks for sharing with us Alex

17
General Discussion / Re: A Rocket Scientist Looks at BitShares
« on: January 12, 2015, 04:13:45 pm »
In BitShares, absolute control is fully decentralized down to the votes of every single atomic BTS larimer*.  You can't get more decentralized than that.

18
Stakeholder Proposals / Re: Delegate Proposal: Mobile Wallet - elmato
« on: January 08, 2015, 07:25:16 pm »
Just included on my most recent vote.

19
General Discussion / Re: Advertising "The Blockchain Is Hiring"
« on: January 06, 2015, 07:15:44 pm »
This video style is awesome.
https://www.youtube.com/watch?v=pW60h6oZzms

 I could script a couple of things that it must have, but ad hoc comments work well too.   But we need someone in Virginia to shoot that.     It would be awesome.

 +5%

20
General Discussion / Re: Advertising "The Blockchain Is Hiring"
« on: January 06, 2015, 07:14:24 pm »
...I can't believe it's taken me this long to catch up on all the Nullstreet and btstalk posts..

This would be AWESOME for the Thunderclap campaign underway.  We need an air of legitimacy for potential devs, marketeers, etc. etc.


21
https://medium.com/@dexwell_/starting-over-d54ada915d9b

An interesting Medium post I came across today.  Glad to see this type of thinking from Gen Z.

22
General Discussion / Re: Mobile Wallet - Testers needed
« on: January 05, 2015, 09:06:29 pm »
- iOS testing
We will be using testflightapp.com to test the iOS version, so if you want to help us test follow the instructions in this link.
http://tflig.ht/1vUyctu

Just requested access to the beta.  Is this a live functioning app, with real funds?

23
General Discussion / Re: We need more delegates for marketing
« on: December 29, 2014, 06:25:04 pm »
It has been talked about before, but a solution to this would be to have slates stored on-chain, have slates be linked to user accounts, and let users delegate their voting power to a given user account's slate. (Basically an implementation of RDPOS.)

This way, a 'hiring manager' would not even need to be a delegate, just someone who owns a user account that has a slate. He could run for being a delegate as well, of course.

This may lead to something that can be labeled as centralization (everyone just gives their votes to bytemaster), however it is centralization that is approved in a decentralized way, and is easily reversible unlike the locked-in centralization in Bitcoin due to mining.

Ways to help minimize the centralization that occurs:

1. Allow a percentage of your voting power to vote for a particular slate
2. The ability to give your voting power to more than one slate
3. Slates can contain slates
4. The ability to maintain a percentage of your voting power manually

What this means:

Let's say I trust bytemaster, so I give you 40% of my voting power (40 votes). I also love what hpenvy is doing, and I know his votes will be up-to-date with the latest onramp and bizdev developments, so I give him 40% of my voting power as well (40 votes). The remaining 20% (21 votes) I keep to myself and use to vote for my own delegates.

Now, let's look at bytemaster's slate. Since he is very informed of the delegate campaigns overall, he has manually selected 60 delegates to vote for (60% of voting power). Since he cannot keep up with all the marketing efforts, he gives 10% of his votes to MethodX, 10% of his votes to hpenvy. He has left 20% of his voting power unused.

I could go on and describe hpenvy's slate, MethodX's slate, etc, however I think you get the picture here.


There are clearly things that need to be worked out with this model:
1. How to distribute votes among a subset of a user's slate (if I vote for 1% of bytemaster's slate, who in his slate gets the lucky single vote?)
2. How to handle recursive slates (bytemaster gives 20% of his slate to hpenvy, and hpenvy gives 20% of his slate to bytemaster)
3. How to handle incomplete slates (if I give 20% of my voting power to someone with only 10 delegates selected, do they get 2 votes or all 10?)
4. Blockchain bloat, processing overhead?

I do think though, that with some thought that these things can be worked out reasonably. Input appreciated.

I like where this thought process is heading.

24
General Discussion / Re: We need more delegates for marketing
« on: December 29, 2014, 05:37:48 pm »
We are paying our employees with company shares :D

This is how most startups pay their employees, at least in part, with shares in the company.
Certain types of employees look for jobs where they can trade their ability to tolerate risk for the chance to make it big.

Whether the shares are held in reserve by the company or created just in time, the result is functionally equivalent.

What is the standard term startups use for this? 

"Working for equity."

Historically very common and accepted.
Just new to crypto industry thinking.



An observation: while I agree the metaphor is appropriate, in practice - it doesn't seem to be applicable in the same way.

  • For a startup, does every member of the VC team interview every new candidate for each open position?
  • How about for a publicly held company - does every shareholder need to vote, in order to approve hiring someone?

What we're seeing is a high barrier to entry for delegates that is playing out in a way of preventing well-intending individuals to properly allocate their time and resources to add value to the ecosystem.  While this friction may be intentional to secure the network, it's not doing us any favors in incentivizing the work needed to tell the world about a network that needs to be secured.

Catch my drift?

25
Andreas is such a great teacher that he is personable without smiling even once :D

His short answer to the question What is a DAC? here is also brilliant,

https://www.youtube.com/watch?v=KGSePa9GwxA

 +5%

26
Andreas' explanation of a DAC, with example

(Linked directly to the time in the interview of Andreas explaining the concept of a [post singularity] DAC to Nikola Danaylov)

If link doesn't work because of ads, scroll to 35:16

27
General Discussion / Re: What is BitShares?
« on: December 18, 2014, 05:01:00 pm »
Great work!

Tweeted: https://twitter.com/BrianFalther/status/545623717716705280

Feel free to retweet.  I used the hashtag #bytemastersBlog, might be wise for the official Twitter account to utilize something similar...

28
General Discussion / Re: "Bitshares is decentralized Ripple"
« on: December 17, 2014, 03:34:52 pm »
"He who controls the Spice, controls the Universe"

Ripple may be an interesting and innovative project, however, the nodes that process the transactions have zero democratic oversight as I understand it.  Ripple is surely central banking 2.0.  Which is why it has garnered support from certain financial institutions.  Ripple seems to me to be our ancient adversary in a new guise, not simply our competition.

Hope you don't mind, stole "central banking 2.0" for related reddit post:
http://www.reddit.com/r/Bitcoin/comments/2pjp31/are_whales_selling_bitcoin_to_buy_ripple/cmxm88s

29
General Discussion / Re: Is the Official Marketing Team Sleeping?
« on: December 15, 2014, 06:49:19 pm »
I am going to let them know they have to manage their own PR as well.

Brian will be here this week so I will pressure him.

Translation:

我会让他们(Brian)管理他们自己的公关形象。
Brian这个星期会来这里,我会给他增加压力。

+5%

I think the biggest low hanging fruit that could improve bitshares right now would be dissolving the official marketing team. Bitmarket is solid and doing real work, and should stay. I think this is due to the fact that he found the community on his own and the thing that primarily drives him is his passion for crypto.

Brian and murderistic seem to be motivated only by money, as evidenced by the fact that they haven't spent any of the millions of BTS given to them from the AGS fund, and murderistic even thought it would be appropriate to make a new delegate and ask for MORE funds! Me and and literally every person I've spoken to personally in this community would feel so much better if they were absolved of their duties and the AGS funds were either given to someone else, or just burned and thus given back to the community (who can manage funding on its own through the vastly superior system of delegate funding anyway).

I'd even be happy if Brian simply got to keep all the millions of BTS he has already received. I just don't think its good for this community to rely on him in any way any more. It's more a question of respect and loyalty to the community than anything else, and I think it has been proven beyond any doubt that he simply doesn't posses it. Even if he suddenly started delivering (which at this point I highly doubt) as a stakeholder I wouldn't feel comfortable having him in a position of trust in the community.

I think this is how 99% of the community feels. The reason why there has been so relatively little dissent (considering how strongly people feel this) is because more than anything else this community trusts bytemaster. But it's time to face reality and realize that Brian and murderistic have to go, no matter how hard and uncomfortable it is to admit.

There's nothing I can say to improve upon Rune's articulation - I agree completely.

30
General Discussion / Re: Launch of Robinhood
« on: December 12, 2014, 06:51:01 pm »
I think they may have crypto on their horizon... if you check the first animation, you'll see the symbol 'DOGE'.

Nice eye!  I didn't catch that. 

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