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Messages - robrigo

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196
Technical Support / Re: Best way to get bitBTC
« on: February 08, 2015, 10:05:54 pm »
bitmarket wrote a chapter in BitShares 101 you can read explaining how delegated proof of stake works. You can read it here.

Read up on the how the fees are assessed in this post.

Also you can see some graphs of the supply change here.

197
Technical Support / Re: Best way to get bitBTC
« on: February 08, 2015, 09:32:49 pm »
Ok thanks. Did all that. Sent the BTS from BTER, just waiting for the transaction to confirm.

As far as the delegates go, could you try to explain in lay-mans terms? Basically they are just elected protectors of the wallet service?

Delegates run nodes that sign the blocks, they are analogous to the mining nodes that find blocks in Bitcoin. Except for the fact that instead of wasting resources on energy, the resources can be paid to the delegate in order to subsidize costs for their work on the project. This has the effect of bootstrapping the network by paying people to work for it via equity, similar to a startup that is equity rich and cash poor. The delegates specify a percentage they think is fair for their services when they register as a delegate, allowing the shareholders to pay delegates at different rates depending on their contributions.

This might explain it better for you: https://bitshares.org/delegates

You can view stats on the delegates here: https://bitsharesblocks.com/delegates/

There is also a delegate board on this forum where you can read through some various proposals.

198
Technical Support / Re: Best way to get bitBTC
« on: February 08, 2015, 09:15:49 pm »
Thanks robrigo, much appreciated!

I think that I might have been using the same client but I did download the link you gave me. How do I create a wallet? Right now i'm only seeing a public key but I'm not sure exactly what that is so I don't want to send anything to that address unless I know for sure that it's my individual wallet.

Thanks for the help. Right now i've just been using Coinbase so i'm a little new to the crypto game

When you first open the BitShares client, it will prompt you to create a password and create your wallet for you. Creating a wallet means you have a wallet file in your BitShares data directory now. Each wallet can have an arbitrary number of accounts tied to them, but more will reduce the performance of the wallet. If you created a wallet, go to the Dashboard tab, click your account name or if you don't have any click "Create New Account" in the top right corner. If you already made an account, in order to register it click into the Account Details, then look for the "Register <name>" button in the top right corner. Click that and use the faucet to register your account for free. Then you can send and receive funds from that registered name.

199
I think it's a nice idea for presenting BitShares to another niche of users (power admins) and giving them easy deployment options. I would support your efforts here with my votes.

Is there anything analogous to this in the Bitcoin space? i.e. a wallet deployment script baked into one of these sys admin products like Cpanel?

How successful was adoption of that idea, if so?

Thanks for the feedback robrigo!!

To answer your question, no, doesn't look like anybody ever made that attempt.

Keep in mind it's not just a wallet for admins... its for their customers too. Many of them are resellers or unmanaged and their customers use their cpanel accounts themselves. So this would reach not just the admins.. but their customers as well if the admins wanted it too.

Does that help clarify?

Ahhh gotcha. Isn't it possible for a customer's web wallet to be compromised via a rogue admin that they were buying the resold software through? I guess this is no different from using a VPS that a company could possibly have back door access into.

What would be the typical use case for a customer using a resold cpanel account? Would the admin they bought it from typically have access to their box?

Also, AFAIK there is only a CLI client, no complete web wallet yet. But I think jcalfee is working on the js for a web wallet.

Is your project assuming the web wallet will be built off the bitshares-js code?

200
General Discussion / Re: Large on Bitshares exchange trade volume bitUSD
« on: February 08, 2015, 08:27:42 pm »
Pretty sure thats due to some short expirations being covered.

201
Technical Support / Re: Best way to get bitBTC
« on: February 08, 2015, 08:22:59 pm »
You can trade BTS / bitBTC on the decentralized exchange in the BitShares client, or you can use a bridge like Meta Exchange to go from BTC to bitBTC and vise versa.

http://metaexchange.info/

As for the wallet, there is a full featured client that you can download here: https://github.com/BitShares/bitshares/releases/tag/bts%2F0.6.0

You'll want to create a wallet and register an account in the wallet on the blockchain, using the built in faucet to pay the registration fee. Afterward, you can send funds to the registered name from BTER to secure your stake in your local wallet, and also vote for delegates that you wish to support.

There is also a light wallet in beta that doesn't have exchange capabilities yet.

202
I think it's a nice idea for presenting BitShares to another niche of users (power admins) and giving them easy deployment options. I would support your efforts here with my votes.

Is there anything analogous to this in the Bitcoin space? i.e. a wallet deployment script baked into one of these sys admin products like Cpanel?

How successful was adoption of that idea, if so?

203
General Discussion / Re: Bitshares African Initiative - a proposal part 1
« on: February 08, 2015, 09:42:40 am »
BitShares has so much potential to help the people of Africa. Looking forward to more details about this initiative.

Also watched your video, it is crazy to think that epic stories like The Iliad from old literature were mutated to remove references to Memnon because he is African. Reminiscent of the half truths and biases you'l find out of a high school history book. Like how they leave out the details about Christopher Columbus side gig as a sex slaver.

Edit: Do you know of anyone or have any plans of attending the first African Bitcoin Conference in South Africa to represent BitShares?

204
Send a tip to testz for most blocks produced... and for PTS work, Russian translations, etc.

Way to go dude!

205
General Discussion / Re: New sub board "Mine BitShares"
« on: February 08, 2015, 05:33:42 am »
ok but do you think markting is right parent board for it!?

Thanks bitsapphire, i kind of agree, it might confuse new miners coming to our community, is there another area it would fit in well?

I suggest Crypto Economy.

206
Muse/SoundDAC / Re: Micro update
« on: February 05, 2015, 03:17:33 pm »
Sent a contact email to Poloniex pointing them to this thread considering they took a snapshot for this. I hope they honor the snapshot for this UIA so those of us who used Poloniex can gain control over the stake earlier.

207
General Discussion / Re: Stan's post on the Origin of Bitshares - Awesome!
« on: February 05, 2015, 03:02:03 pm »
This set of posts could be the narrative basis of a BitShares documentary imo.  8)

208
General Discussion / Re: ShapeShift useful for bitUSD?
« on: February 05, 2015, 01:54:38 pm »
I hope ShapeShift's next asset integration will be bitGOLD!

https://bter.com/trade/BITGLD_BTC

209
Glad to see the bitgold market cap respond to your CFS initiative. Looking forward to molten (liquid) bitgold!

BTS: robrigo

210
Nathan owns the account "com", so he is able to have any dot com sub-account he pleases as a result.  8)

Is this true?

I can't register an asset with the name 'bit' in front of it.. I would think something like this would be a reserved naming convention as well.

Can Nathan confirm?

You could always use your own .com subaccount name like:
somewebsite.com.datasecuritynode

or replace the " . " with a  " - "  subdomain.somewebsite-com

Nathan owns delegate.nathanhourt.com and so therefor owns the the account name "com"

I'm sure "net" "org" "info" "io" etc are taken as well.

Does this potentially cause any kind of network/account security issues as far as these owners of these names being able to take over or claim child accounts that potentially millions would attempt to create and fund only to later find this out? I am not fully versed on the parent/child wallet relationship.

I don't believe so, because even if all sorts of people "Attempt" to register such an account name, they can't. So it will just error and say the parent name is registered already or whatever.

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