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Topics - robrigo

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General Discussion / ICT & The Future of Financial Services Ericsson Report
« on: February 17, 2015, 10:32:36 pm »
The report notes the existence of DACs in section 3.4.6.


The financial services industry is exhibiting some early
indicators of potentially dramatic industrial disruption.
With the advent of cryptocurrencies and associated
underlying protocols and APIs, there is an emerging
potential for highly decentralized networks of people
and even machines to collaborate and coordinate not
just for financial outcomes but in order to create entirely
new financial structures themselves. From enabling
individuals to coordinate and finance new ventures
via crowdfunding to permitting people to create new
banks, insurance mechanisms and financial methods
for the sharing economy, ICT provides the potential
to disrupt not just Financial Services, but the foundations
of capitalism itself.


More significant digital transformation is emerging,
however, through the increasing use and functionality
of cryptocurrencies, which redefine the basis of
trust and governance of currencies in our society. In
effect, they offer consumers the ability to take the
financial services industry into their own hands and
build innovative services that can compete with the
largest banks and financial services companies. Due
in part to the level of distrust towards the financial
system after multiple crashes, these digital innovations
may offer attractive alternatives for many customers.
Incumbents and regulators alike must therefore carefully
assess their role with regards to these emerging


I've been working on pitching BitAssets integration to Casheer, a POS / mobile wallet solution under development. One of their founders asked our community to show support for the integration by posting over at their forum:

Please take a moment to register and post something over there; I already have a BTS thread started if you want to chime in.

Muse/SoundDAC / PeerTracks interview on The Toy Box podcast
« on: January 15, 2015, 05:38:22 am »

General Discussion / Could a DAC be used to pay Zakat
« on: December 23, 2014, 10:51:34 pm »
I'm trying to convince this guy to choose DPOS for his Islamic cryptocurrency (

It seems like there could be multiple reasons this could be successful if branded and promoted correctly.

1) Muslims pay Zakat to fulfill their religious obligation.  (

The practice is one of the Five Pillars of Islam, and it is the only pillar which enjoins Muslims to submit to Islamic statism.

2) The many sects of Islam are divided into separate factions (Shi'ite, Sunni, salafi, taliban, muslim brotherhood, etc. etc.)

What if it was acceptable to pay your Zakat tax in an opt in system? I see it as a way for Muslims to fulfill their religious obligation without paying the state directly. Consider if all Muslims used this system, the delegates of which would be run on behalf of Imams or officials that would control funds paid by Zakat tax. The people at large could choose where their Zakat goes instead of paying State actors.

Could this be a first step towards uniting the common Muslim people of which are subjugated by extremist governments and organizations across the many countries of the Middle East?

General Discussion / Another bitgold brand steps into the ring
« on: December 22, 2014, 04:50:26 pm »

My suggestion to this company and bitreserve is to use the market asset bitGOLD to facilitate their business and strengthen both companies.

Muse/SoundDAC / Bitcoin for Rockstars
« on: December 11, 2014, 01:00:59 am »
Very interesting read from an artist in residence at Spotify and crypto enthusiast:

Can the BTS Music blockchain solve the problem of tracking credit for music contributors on a blockchain? Surely it already solves the issue of payment to artists. To me, the challenge is verifying that information contributed is correct. Maybe leveraging a reputation system could automatically filter bogus / junk contributions, or only acknowledge entries to the credit DB from known musicians addresses?

Muse/SoundDAC / Bandcamp now competing with music streaming services
« on: December 10, 2014, 02:52:10 pm »
Looks like they want to be the service that is known for supporting the artists... we should definitely keep an eye on their progress. I have a feeling that they are going to try to snatch up T-Swift's support before we can!

Apparently they take 15% of revenue until you sell over $5k, then they take 10%. I think PeerTracks will still have a better profit margin plus the artist coins going for it. It will be a battle of marketing though to be sure.

General Discussion / Registration Fee for CME Virtual Conference Booth
« on: November 24, 2014, 11:36:35 pm »
In an effort to promote BitShares to the crypto enthusiast demographic, I would like to register a BitShares virtual booth for the CME Virtual Conference (

To register for 2 BTC, we need a video, website, and logo. To reduce that cost to 1 BTC, we can also submit a video pitching BitShares (minimum of 10 minutes) which will be featured. Max has agreed to do the pitch video. Thanks Max!

Booth resources

Please post here if you would be willing to contribute to the 1 BTC fee needed to cover this. I will then take the number of contributors and divide 1 BTC by that number to determine the amount needed from each contributor to cover the cost. Also, if you have feedback about regarding changes to the resources to submit please mention that as well.

I'll start this off by saying I am willing to contribute to the fee.

General Discussion / Crypto Money Expo: Should BitShares field a booth?
« on: October 29, 2014, 11:07:51 pm »
Crypto Money Expo is a virtual conference that functions similar to an MMO: pretty neat concept. I'm pretty sure someone mentioned this on the forums a while ago. Does anyone else think it would be beneficial to field a team for running a virtual BitShares booth? Maybe we could get a few i3 team members to show as well, for credibility.

Apparently the booth space is limited; if there is enough community interest someone from i3 or myself can contact them at [email protected]

The dates are December 5-6 2014 starting at 11 AM.

General Discussion / Bitcoins and Gravy: BitShares Music interview
« on: October 19, 2014, 09:03:20 pm »
Very informative interview about the Music DAC. cob & eddie distilled the utility of the DAC, DPoS, and where bitUSD fits into the system quite well without getting overly technical.

General Discussion / PeerTracks and BitShares Music mentioned on CoinDesk
« on: October 14, 2014, 03:56:14 pm »
Kudos cob for giving them the crux of the matter: new solutions targeting larger demographics that utilize a blockchain behind the scenes.

Greetings fellow BitShares enthusiasts!

My name is Rob Konsdorf and I hail from the great state of Michigan. I am a web developer / software engineer (software gardener?) by trade, currently working in a startup that creates software to help diabetics manage their diabetes. Learning about and researching cutting edge technology is one of my passions. I have been actively learning about BitShares for a couple months now, and I am convinced that this technology can and will change the world for the better. I am very excited to see what new DACs are possible, especially the challenges of crossing over into the physical realm (I have been brainstorming with Gingerbreadman about his Future Tech Farm DAC).

I would like to give back to the community and promote adoption by creating a web platform to teach others about the BitShares ecosystem, including the DAC metaphor and the technology behind the BitShares toolkit. My goal is to utilize this learning experience as a faucet of sorts, funded from the pay of this delegate. If this isn't feasible I will still create a website that people can go to learn about the concepts without incentives. This is currently vaporware but I fully intend to get something out in front of the eyes of the community as soon as I have some time to work on it! I should have bandwidth in a couple weeks to really hit the ground running on this project.

I have also discussed organizing some meet ups in Michigan with DACSunlimited and Gingerbreadman. I think we could find people that are interested in Ann Arbor, Detroit, and Grand Rapids by going out to some existing Bitcoin meetups and speaking with members.

My delegate pay is currently 80%, and I have pledged to give 5% to Beyond Bitcoin X as well as 5% to Bitsapphire to support their efforts. The other 70% would pay for the Digital Ocean VPS I am initially running this delegate from, and to fund the "knowledge faucet", and my time. If the knowledge faucet is not feasible (security concerns) my pay rate will likely drop to 30%.

The long term solution for hosting would be to have my own physical server that the delegate utilizes. Because of my current living situation, a VPS is the simplest solution to provide reliability to the network (my home internet is 4G based).

The VPS specs are:

Storage: 40 GB
OS: Ubuntu 14.04 x32

The VPS is fully configured and price feeds are being produced for BitAssets. As soon as I can access my DNS stake from BTER, I intend to set up a 0% delegate for the KeyID / DNS blockchain.

You can listen to my chat with Fuzz about this delegate position here:

Lastly, I will be attending the Inside Bitcoins conference Oct. 6-7 in Las Vegas if anyone is interested in chatting in person about my campaign or anything else over a tankard of ale!  ;)

Thank you for your support,


This seems like a pretty solid overview of the current state of assets representing the value of a USD.

Technical Support / Market order stuck pending [0.4.14][RESOLVED]
« on: September 12, 2014, 08:22:34 pm »
Seeing some weird behavior with a market order stuck in "pending". Basically I submitted the order, but realized that my client wasn't syncing (from messing around with the market maker script on the CLI using the same data-dir). So I regenerated everything in said data-dir (by renaming) except for the "wallets" dir, restarted the client, and re-synced the blockchain. Doing so left that market order "in limbo", where I can't see it as pending in the Open Orders screen, but I can see under my account transaction history that it is still pending.

I've tried the steps following the steps listed here:

Code: [Select]
>> blockchain_list_pending_transactions

No pending transactions.

Code: [Select]
>> wallet_market_cancel_order c1cac1ca

20011 unknown_market_order: unknown market order
Cannot find that market order!
    bitshares  wallet.cpp:4422 cancel_market_order

    bitshares  wallet.cpp:4503 cancel_market_order

    bitshares  common_api_client.cpp:1539 wallet_market_cancel_order

    bitshares  cli.cpp:537 execute_command

Code: [Select]
>> wallet_recover_transaction c1cac1ca

20022 transaction_not_found: transaction not found
Transaction not found!
    bitshares  wallet.cpp:5573 get_transaction

    bitshares  wallet.cpp:3374 recover_transaction

    bitshares  common_api_client.cpp:1763 wallet_recover_transaction

    bitshares  cli.cpp:537 execute_command

Has anyone else had to deal with market transactions stuck in pending?

Hey fellows,

I will send 1.337 bitUSD to each person to sign up for the Thunderclap campaign and post in this thread. You can access it here:  We currently have 58 / 100 users signed up, so this will be for spots 59-100 only.

Thanks to G1ng3rBr34dM4n for organizing this. Don't forget to snag your 10 free BTSX from his thread over here for your show of support:

Lets get this great tool for exposure of BitSharesX to the world past the target goal!

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