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Is the Keyhotee project still on track and to go live on New Years? Haven't been updated much about the progress of Keyhotee in the last few weeks.
We have a team of developers working on it intensely. To accelerate things we have been feeding them liquid pizza at 78 degrees C with Mountain Dew delivered intravenously at 30 PSI.
I use chromebook a lot and really like it for the simplicity and security it brings. I hope that we can have at least one way to use Keyhotee in chrome os. I think browser plugin and packaged app are the 2 ways I know that could work. Third party server could work but that will break my privacy.A plugin/app would bring an interface/platform for keyhotee to work with the browser and would not have to be centralized as it still functions off of the block chain, the only third party would be downloading the plugin.
PM send, why no response?My Email is 30836110@qq.comBytemaster said he was working on it but was piled under 100s of messages in his inbox
anyone reminded of the logo of Nintendo GameCube?Yup haha after you mentioned it, it's all I see now
All of that said a premine coin sold into existence like mastercoin secured by mining may be the best of all.
No that is not our plan for bitshares because we do not need to raise capital for bts.
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Mining coins makes sense as a byproduct of a productive activity of a DAC, say providing encrypted wireless mesh networking bandwidth, or providing encrypted network storage space in a Tahoe-LAFS public cloud, but otherwise seems to be a senseless waste of resources. The mining aspect of Bitcoin didn't really make sense to me when I first learned about it (when it was at .10 USD), which kept me from being an early adopter at the time.
NXT has a proof of stake in development, but Mastercoin-Exodus and Bitshares have a much more professional organization as projects.
I've been through 4 different methods of coin distribution: Giveaway with huge amount held in reserve by originators- Ripple; Purchase during public offering with deadline, no cap limit - Mastercoin; Mining - Protoshares; and Public Offering with no deadline or capitalization limit posted - NXT. Of the 4, Mastercoin, with the simple purchase of shares with a set deadline and schedule of early adopter bonuses has been by far the best.
From this experience, I would favor methods including awarding bitshares to developers for work, IPOs with set deadlines or capitalization limits and bonuses for early participants, and additional creation and payment of bitshares such as providing useful computational work related to the purpose of the DAC, provision of storage space, or supplying network bandwidth. Dividends from the DAC may awarded according to Proof of Stake or maybe it would be preferable to just let the value of the shares appreciate to avoid creating a tax liability.
