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It just finished. It took about 36 hours.
BIG problem now though:
Now that I have upgraded from 0.9.0 to 0.9.2 and resynced the blockchain, MOONFUND and NOTE no longer exist in my balance.
Luckily my BTS, USD and SILVER balances are correct.
Why are MOONFUND and NOTE gone?
Code: [Select]
>> get_info
{
"blockchain_head_block_num": 2776749,
"blockchain_head_block_age": "9 seconds old",
"blockchain_head_block_timestamp": "2015-06-11T16:44:10",
"blockchain_head_block_id": "c253eef678cf40a39888d0f6b6e5080cdd78797a",
"blockchain_average_delegate_participation": "100.00 %",
"blockchain_share_supply": "2,514,898,735.26319 BTS",
"blockchain_blocks_left_in_round": 44,
"blockchain_next_round_time": "at least 7 minutes in the future",
"blockchain_next_round_timestamp": "2015-06-11T16:51:30",
"blockchain_random_seed": "55e749d22ac608d959ca684968f30229a0e78993",
"client_data_dir": "/home/mama/.BitShares",
"client_version": "0.9.2",
"network_num_connections": 20,
"network_num_connections_max": 200,
"network_chain_downloader_running": false,
"network_chain_downloader_blocks_remaining": null,
"ntp_time": "2015-06-11T16:44:19",
"ntp_time_error": 0.83307299999999995,
"wallet_open": true,
"wallet_unlocked": true,
"wallet_unlocked_until": "12 days in the future",
"wallet_unlocked_until_timestamp": "2015-06-23T06:20:28",
"wallet_last_scanned_block_timestamp": "2015-06-11T16:44:10",
"wallet_scan_progress": "100.00 %",
"wallet_block_production_enabled": false,
"wallet_next_block_production_time": null,
"wallet_next_block_production_timestamp": null
}
I'm hoping the decision is eventually made to do away with the name "BitShares" altogether. Having the term "shares" in our name puts us at more risk from regulators. I really like "graphene"; it sounds professional and more like a modern platform. It also doesn't sound like "bitches" when you say it...
Residents from the following countries may order cards, but may not raise card limits to level 2: Afghanistan, Albania, Algeria, Angola, Cambodia, Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Democratic People's Republic of Korea, Lao People's Democratic Republic, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Romania, Sudan, Syrian Arab Republic, Uganda, United States and Minor Outlying Islands, Yemen, Zimbabwe.
We were pretty bullish on pushing the referral system ourselves, but now we have no choice to back out from integrating it.
I don't see any reason why a kid using paypal would pay 80 USD and use this instead.
There are lots of things you can't do with PayPal. Their rules are very strict. For example, you can't gamble (among many other use cases).
BitShares can't offer blockchain based gambling either at least not in a way that benefits BTS shareholders because of the risk of losing the Chinese market.
But until the current financial system experiences serious problems again, much of the near term profit in crypto will be derived from areas such as gambling. (Over half the companies advertising on CMC/Coindesk these days seem gambling related. ( www.Vitalbet.com , http://www.dragons.tl/ , www.anonibet.com , https://www.betcoin.tm/circle/ )
BTS 2.0 would be ideal for this, it's very unfortunate that we won't be participating & profiting.
Hopefully we'll have a prediction market or some other applications from BitShares PLAY at some point.
Many BTC based bookmakers have large problems with BTC volatility and are required to hedge quite a lot, BitUSD would be ideal for them so hopefully we'll have some third party sites soon enough bringing in that market and increasing volume even if we won't profit from it directly.
3. The referral system is killing the product [while probably being very good tool to sell it], or very actively working on it.
In order to provide decent referral bonuses ($80 per account seems to be the target) the transaction fees are $0.20 for free account (and $100 + $0.04 per transaction for lift time one). Do you really thing the customers will come flying to the system at those levels. [Leaving aside how astronomically high that is for each placed/canceled order on the DEX…not filled just placed]. Do you think customers will jump on the system with $0.20 per transaction when the competition is 10x less? I know a lot of marketer will try to sell it to them to get their $80 bucks, but how many will really use it 10x higher transaction cost (or be happy to pay $100 for the privilege to try it and enjoy normal fees)
Go BTS!
We were pretty bullish on pushing the referral system ourselves, but now we have no choice to back out from integrating it.
I don't see any reason why a kid using paypal would pay 80 USD and use this instead.
Can someone break this down?I guess you are referring to a short order .. the maintenance cost is the cost you need to not be margin called or force settled ... hence you may not be the short order with the lease collateral ..
No, the website refers to several different tiers of bitshares account ownership, the lowest being free, with no transaction fee rebate and the highest being $100 for life.
as i read it
user - basic: pays for a transaction 0.2 Dollars if you upgrade to Lifetime membership for 100 USD this transaction fee is 0.04 Dollars or 4 Cent.
In terms of now you pay 5.6 BTS each transaction on the Lifetime membership tier and on User level 28 BTS
what i don't get - with 0.20 Dollar each transaction every basic user - micropayment is dead!
Where did you read that?
Just to be clear, let's say a user has already issued assets without the new KYC/AML requirements. Does that user have to retroactively go back and get all of that info?
And what about assets like NOTE, that are just placeholders for a future blockchain?
This is not good news to me. Pseudonymity and TITAN were two of the biggest selling points for Bitshares for me.
Quesitons: The announcement blog post mentioned smart contract features. Will these features be ready when 2.0 releases, or will they be developed at a future date?
oh my goodness this is all gonna take my feeble mind a while to digest.
am I understanding this one small part correctly, is there going to be a race for valuable account names for DNS purposes?
all names registered after today will have a prefix appended to them.
That TODO item got lost in the rush to get this info out.
please elaborate. does that mean our current account names will be gone with the new version?
.I am a NOTE holder/buyer and a PeerTracks believer, but I am not going to promote it to my friends and acquaintances in the industry until I can specifically explain to them how they will be getting paid under this model, and until the web site and links are cleaned up.
Fully agree!
We also don't want the word out yet. We aren't presentable yet.
We are working on functionality so that we have a proof of concept that can interest big players. So nothing is pretty yet. It will be in 2015 though. When that time comes, you'll know ^^
