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31

General Discussion / Re: Goliath spotted David / JPMorgan Chase Building Bitcoin-Killer

« on: December 11, 2013, 01:28:05 am »

Only flicked throw this as I was pretty amazed at the audacity of JPMorgan, I guess they might become what itunes is to bittorrent if they market this correctly. I would have thought they'd have vested interests in the current electronic banking industry who wouldn't want to loose grip of the market they control but anyway...

32

BitShares PTS / Re: DAC Angels - ProtoShares Stakeholders Group

« on: December 11, 2013, 01:21:01 am »

Quote from: seraphim on December 10, 2013, 04:19:51 pm

seriously?
one post above, in fact in both two above, it says you should use the form and send no more pms...

I thought you just read the thread title and posted away based on the first thing to pop into ones head...

33

MemoryCoin / Re: Distribution At Block 32000 - MemoryCoin 2.0

« on: December 11, 2013, 01:16:30 am »

And alas, the quest for who would rule DAC storage began! Should be interesting to see where this heads along with similar other projects, really interesting days

34

BitShares PTS / Re: Why have we been removed from coinmarketcap.com

« on: December 11, 2013, 01:14:14 am »

I saw it on their yesterday, will come back no doubt.

35

General Discussion / Re: Datacoin is a DAC for Cloud Storage

« on: December 11, 2013, 01:06:23 am »

NameCoin has this ability as well. Even though it's limited at the moment it shows that it can be done.

36

General Discussion / Re: $500 Bounty - Invictus Innovations Logo & Website Theme

« on: December 10, 2013, 04:41:50 am »

Should update the thread title to reflect the bounty being paid...

37

General Discussion / Re: Voice / VOIP DAC - Decentralised Voice Calls

« on: December 09, 2013, 08:22:35 am »

Cool idea, I think there is something in it but it will require a lot of work like all our ideas. I'm starting to think the best way to approach DAC's is to work on very fundamental DAC's that will be useful for future, more complex structures (a webserver DAC for instance).

I often lay in bed thinking about DAC implementations, keep a note pad by at all times!

38

General Discussion / Re: DAC simplified explanation

« on: December 09, 2013, 08:17:17 am »

Quote from: stuartcharles on December 08, 2013, 08:02:30 pm

once again thank you both

This will be exciting!
Is it possible to make mining, miners perform any task that a cpu can perform? I mean could they host websites, run multiplayer games like say.. battlefield, play videos to users like youtube?

In a way, I imagine cryptocurrencies such as NameCoin & DataCoin will be utilised for data storage requirements. The "miners" would be using their cpu's to keep track of what files are meant to be stored, uploading data when requested, encryption etc. etc.

Like Troglodactyl said not all DAC's will necessarily require "mining", although I reckon most will to track share ownership and dividend payments.

39

General Discussion / Re: Somebody explain Protoshares to me in laymans terms

« on: December 05, 2013, 08:30:03 am »

Think of ProtoShares like coming up with the idea of having an idea and always being credited with any idea that is formed after that moment. So someone (Person 2) has the idea of the wheel. Because you were clever enough to think of ideas and share it with the world, the person who makes the wheel decides you should receive some of the credit because you allowed him to have his idea. From there someone (Person 3) might come up with a way to improve the idea of the wheel, like adding spokes for instance, so Person 3 credits the idea of wheel. This means Person 2 receives credit as they came up with the idea but you also receive credit because Person 2 gave you credit for the idea of the wheel.

40

BitShares PTS / Re: [ANN] ptsweb.beeeeer.org - Protoshares mining sub-pool

« on: December 05, 2013, 02:54:30 am »

Quote from: recci on December 04, 2013, 10:19:38 am

Quote from: xolokram on December 03, 2013, 06:43:39 pm

@recci:
protoshares is 1 year ahead of it's schedule... just saying

- xolokram

Not sure what you mean?

41

General Discussion / Re: Vegas!

« on: December 05, 2013, 02:45:59 am »

Quote from: pgbit on December 04, 2013, 11:50:53 pm

And, looking ahead, there is always Shanghai 2014:
http://bitcoinmagazine.com/8467/bitcoin-expo-2014-announced-for-shanghai/
Just for info from this post: "With this in mind, the conference’s organizers are very optimistic, aiming to attract 5000 attendees. At this point, very little is set in stone; sponsorship offers are wide open for anyone who wants to take them. Anyone interested in speaking should contact the conference organizers at conference@bitcoinexpo2014.com. Enjoy another great Bitcoin conference!"

A trip to China is in order! There was meant to be a conference late last month over here but it was cancelled, hopefully it goes ahead for early next year.

42

BitShares PTS / Re: [ANN] ptsweb.beeeeer.org - Protoshares mining sub-pool

« on: December 03, 2013, 02:54:56 pm »

Quote from: recci on December 03, 2013, 12:39:33 pm

Quote from: devilfish on December 03, 2013, 12:20:13 pm
Love how people come in here expecting easy money. Get a job if your that desperate for money, don't put your hopes into mining a digital currency.

Have a job mate! and don’t expect easy money. Just pointing out that this is probably not profitable for the average user to mine.

Love how people make over blown reactions to comments