Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - BunkerChainLabs-DataSecurityNode

Pages: 1 ... 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 18 ... 168
151
General Discussion / Re: Bitshares 3.0 - It Is Time
« on: June 27, 2016, 04:09:51 am »
OK, I am pretty much done with the OP pending any other thoughts jumping into my head (or feedback from replies).

Coinhoder,

I will give my input.

Bitshares model is pretty stable.......n is innovative by itself......what bitshares have we can call it 3.0, 4.0....whatever......
Too much people looking for problems because a lot ofcoins had huge pumps n Bitshares "only" made 50% in the last few days.....
I follow a lot of data about bitshares n other projects n can safely say bitshares can explode at any time, it will, it has everything needed to make crypto scene shake hard. be patient about ROI.

This reasoning was not developed based on the past 3 days of market indications, but instead from a year and a half of market indications, and two years worth of many discussions/debates with Bitshares' antagonists on Bitcointalk.

No offense, but the lazy mantra of "Bitshares will explode at any time" and "Liquidity will increase with adoption" has been used for two years with no to little effect. It is time to take matters into our own hands, and realize there are issues with Bitshares that we need to fix.

I would argue Bitshares as we know it today is only 8 months old.. when 2.0 came out it was a giant rest button really. Since then refooting to gain liquidity into the network has taken place. Due to some of the changes some has been lost.

I like some of your suggestions. I understand the idea of appealing to crypto folk and it makes sense in certain ways.

You are proposing we hit the rest button again.. but with no real serious innovation to justify it. At present Steem is going through an experiment that may lead to solving the liquidity problems we see in bitshares today. We are not very far from seeing what the results of that experiment yield, and I would rather see that before making any kind of clear cut plans.

I agree that liquidity is needed, and various projects are actively creating ways to produce that. BlockPOS through merchant adoption for example. Peerplays through online tournament wagering. Openledger with ICOO and all the other projects that make up the pyramid of the decentralized conglomerate.. and so on. There are other projects in the making as well that are not publicly discussed that plan to introduce solutions to liquidity as well, like Freedom Ledger. There is the bitCASH wallet, there is Echo... list goes on.

I don't think bastardizing dpos really provides any value aside from making those that invested thousands in mining equipment happy they got another coin to attempt to get their investments back. :) Believe me, I know the feeling.

While going the ICO route sounds like the latest gravy train to get on, I think it would be particularly challenging for Bitshares. Frankly, anybody can do this.. doesn't need the community to do it.. and the market will decide afterwards.. as bytemaster himself said a few months ago.

I think as long as everyone executes and completes the projects they are working on to take to market, you are going to see our liquidity issues reach a tipping point and no longer be an issue. Look at our transaction volume... its slowly but surely increasing. That is the right direction we want to see.. its just a matter of like [member=42425]bitsharesbrazil[/member] already said.. we just got to be a little patient and just keep doing MORE of what we are doing to reach that tipping point.

Also.. from a value proposition perspective as a reboot ICO offering... the optics of doing an ICO for Bitshares right now would go TERRIBLY bad... as a matter of fact.. I am certain it would be the death blow for Bitshares market cap. It has to do with how messaging is currently handled that would inevitable lead the ICO into a very bad place. Again I say though, anybody could do it if the choose too.

I like to hear more ideas on creating liquidity though.. its a good discussion to have.




152
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: June 26, 2016, 11:08:09 am »
Bitshares performance is too poor, must be cut off all workers.When the  BTS is 0.0001btc ,we can vote more workers in .We need learn from peercoin nxt litecoin .

How did you arrive at this conclusion?

What about if we learn from Dash?
Follow in Ronny Boesing and Kencode ,waiting bull market。 Dash XEM ETH 's community structureare is different from BTS ,because some rules change we lost the banker's trust 。
In the encrypted currency community ,why Bitshares   was considered a liar?
Now BTS is in 18 in  http://coinmarketcap.com/ .If more workers or BM back ,BTS will be in 30 .
We need all kinds of app ,such Ronny Boesing and Kencode's work .The apps are self financing.Then the  Bitshares ecosystem will be healthy.

That isn't the impression I am getting from new people who come to Bitshares. Take a look at someone who was introduced to Bitshares through Peerplays and how they reacted to what they saw here:

https://bitcointalk.org/index.php?topic=1462351.msg15327352#msg15327352

Overall, it was the lack of any visible work on the blockchain that made them exit. If you look further down the thread, Dan explained the various things going on trying to counter what they saw as a blockchain without a dev team anymore.

If you look at the way things have happened, it is also easy to say, that since BM has left, and it has become clear to most that getting more work done on bitshares won't happen because of lack of voter support, that is why we have fallen down in our market cap... people have left the project because they seen no hope of it being able to grow as a result. <<< This could also be a similar conclusion.

Which one is right?

our marketcap has not fallen down more than when workers and delegates were in play .
it's other coins (like STEEM) that has risen with it's weird scheme .

in  fact , i just brought several million BTS more , the same BTS that you deem "can not rise in marketcap without workers" .
so i guess time will tell who's right after all .

Great you are buying BTS!

I just was giving a real world example of what happened when a newcomer came to Bitshares and what they saw in contrast to internal ideas from existing members/supporters.

Hasn't it always been an ongoing issue here where we just didn't listen to what the market was telling us? Here is your prospective investor telling you what he saw and how it lead him to want to leave... like not even wait and see.. LEAVE.

153
Subscribed.. will watch hopefully.

154
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: June 25, 2016, 01:27:38 am »
Bitshares performance is too poor, must be cut off all workers.When the  BTS is 0.0001btc ,we can vote more workers in .We need learn from peercoin nxt litecoin .

How did you arrive at this conclusion?

What about if we learn from Dash?
Follow in Ronny Boesing and Kencode ,waiting bull market。 Dash XEM ETH 's community structureare is different from BTS ,because some rules change we lost the banker's trust 。
In the encrypted currency community ,why Bitshares   was considered a liar?
Now BTS is in 18 in  http://coinmarketcap.com/ .If more workers or BM back ,BTS will be in 30 .
We need all kinds of app ,such Ronny Boesing and Kencode's work .The apps are self financing.Then the  Bitshares ecosystem will be healthy.

That isn't the impression I am getting from new people who come to Bitshares. Take a look at someone who was introduced to Bitshares through Peerplays and how they reacted to what they saw here:

https://bitcointalk.org/index.php?topic=1462351.msg15327352#msg15327352

Overall, it was the lack of any visible work on the blockchain that made them exit. If you look further down the thread, Dan explained the various things going on trying to counter what they saw as a blockchain without a dev team anymore.

If you look at the way things have happened, it is also easy to say, that since BM has left, and it has become clear to most that getting more work done on bitshares won't happen because of lack of voter support, that is why we have fallen down in our market cap... people have left the project because they seen no hope of it being able to grow as a result. <<< This could also be a similar conclusion.

Which one is right?

155
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: June 25, 2016, 12:34:15 am »
Bitshares performance is too poor, must be cut off all workers.When the  BTS is 0.0001btc ,we can vote more workers in .We need learn from peercoin nxt litecoin .

How did you arrive at this conclusion?

What about if we learn from Dash?

156
General Discussion / Re: Waves
« on: June 24, 2016, 08:48:06 am »
after lisk, dao n waves all Ico hype has gone......will be hard to make any serious launch in the near future even if legit

I think more projects should take the same approach we took with Peerplays.... it keeps things more accountable I think... but I guess it will remain to be seen if that works out well in the end when we do our 3rd round later this year.

157
Don't forget---you can always reach out to crypto projects you think will help bitshares and invite them to join as YOUR guest speaker.  Have them RSVP with you as referrer (or do it yourself) to earn something cool from beyondbitcoin after the hangout they attend :)

Peerplays team didn't just RSVP.. we showed up at your door! How's that for creepy and impressive!! :D

158
General Discussion / Re: Forget Smartcoins, how about Dreamcoins?
« on: June 22, 2016, 04:50:15 pm »
I would think that in an environment where a whale was pouring capital into the system at an even modestly sustained rate there would be a WHOLE lot of piggybacking going on with other speculators riding the rising tide to introduce a Cambrean Explosion of products that diverse consumers would snap up.

That might get things in motion to where some sort of internal mechanism like you suggest could take over.  Essentially like a glider reaching an altitude where it doesn't need a whale tow plane any more.  From there on out an autopilot bot might ride the air currents indefinitely.

The bunker has a glider school right next to it.. I see them fly over head all the time and land right next to the bunker on the runway.. I am waiting for the day I find one crashed into the bunker.. hasn't happened yet.. my camera is on standby though.. regardless.. I never seen a glider go 'indefinitely' thats for sure... but it can go for a rather long time.. long enough to bootstrap other things perhaps.

159
General Discussion / Re: BitHalo / BlackHalo addition to BitShares
« on: June 22, 2016, 04:29:46 pm »
How much collateral?

Is there anything beyond just the single contract.. or does each transaction build proof of trust?

The collateral is up to both parties to decide, both define it and send the proposal to the other party.

Example:
Guy from New York wants a guitar from a guy in Nigeria who wants 200 USD by bank wire. Both do not know each other nor they trust each other.

Guy from New York wants Nigerian counterparty to put 400 USD in Bitshares as collateral and agrees to bankwire the 200 USD.
Guy from Nigeria wants 250 USD in Bitshares as collateral from the guy in New York.
Deadline for agreeing to the completed transaction is set to august 1st. If not both agree until this date that the transaction went ok, both will loose their collateral.

If they accept this smartcontract and fund it accordingly they both can trust that the other party does not want to loose his collateral, so now both want the transaction to go well.

Scenario 1, everything ok:
Nigerian guy sends the guitar and New Yorker guy sends the 200 USD bank wire. Upon receival both give their ok (private key signature) for the multisig smartcontract to return the collateral to each.

Scenario 2, bankwire not received in Nigeria:
Nigerian guy does not sign the return of collateral and New Yorker guy could loose 250 USD in collateral instead of 200 USD bank wire. If he does not sign also the Nigerian guy could loose his 400 USD collateral. So he would not do it if he had received the bank wire in reality.

Scenario 3, guitar not received in New York:
Same thing, this time the New Yorker would not sign the return of the collaterals. The New Yorker might loose 250 USD in collateral plus 200 USD in bank wire, and the Nigerian guy would loose his 400 USD collateral.


With this system both want the transaction to go alright because they would loose more if they didn't agree. They can adjust the collateral as they want and how much their trust level to the other party is. The smart contract can also define payment in Bitshares or BitUSD upon agreeing on completion and returning of the collateral.

This is how it is done in BlackHalo. And works beautifully...

Scenario 4 : Wait.. what about this?
Guy sends $200.. he gets his guitar but finds there is a scratch he didn't see in the photo.. or.. got destroyed during delivery. Nigerian says sorry sir.. but I sent you your guitar.. he says no.. I'm not paying for this.. well screw you.. no.. screw you.. aaaand what then? :)


160
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: June 22, 2016, 03:33:06 pm »
A few thoughts:

First, if you don't want to fund the worker for now, that's fine, and I'm not offended. I think it's clear what kind of product I'm offering, so it's up to the community to decide if they want to purchase it or not.

I personally believe the worker provides great value for Bitshares, because the videos will last a long time, and the overall dilution effect is very low. Just think: any time in the future, we would have a professional video for when someone shows up and asks questions like, "How do I buy BTS?" or "How do I secure my wallet?"

Lastly, no offense, but I wouldn't do this work for Steem dollars. I don't trust their value, which is probably the same reason you'd rather use them for payment.  :)

Thanks for the good conversation.


Does this mean you will no longer pursue fulfilling or attempting to market your product that you are selling to the network?

The good conversation ender sounded like you are just packing up and leaving.

161
General Discussion / Re: BitHalo / BlackHalo addition to BitShares
« on: June 22, 2016, 06:21:00 am »
How much collateral?

Is there anything beyond just the single contract.. or does each transaction build proof of trust?

162
Stakeholder Proposals / Re: [Worker Proposal] Chronos Crypto videos
« on: June 21, 2016, 02:03:16 pm »
Well, that's a bit of a setback, eh? A large voter has stopped supporting the worker with his 21 proxy followers, and now the worker is sharply under the threshold to receive worker pay.

Anyone have any ideas to get this jump-started again? I'll be able to put out one more video at the most with what remains of the pay. Let's not let this be the end.

One trick would be to vote down the refund and burn workers, until they're below the Chronos worker. This wouldn't have any other side-effects with the current worker line-up (except for the bad taste of vote manipulation).

This is why I think Workers should have term support. This kind of voter support volatility doesn't work well for you does it?

I think the way around this is to have proposals that payout to a multi-sig and have a 3rd party escrow who verifies the delivery of services that requires both yours, his, and possibly a committee members signature to release the funds.

It's important though that it is someone or a company that is reliable however. We have seen someone in the past attempt to do this only to have the other party just up and disappear. This might be solved by making the standard to be everyone be doxxable. It is unreasonable to expect anonymity when providing services in my estimation.

Under these provisions I think once voted the contract will complete and cannot be reversed with downvotes.. and any unused bts will be refunded to the pool or burned.

Thoughts?

163
nobody can compete with [member=224]cass[/member] when it comes to logos  ;)

He's welcome to enter! :D

164
I think you mean "what did the DAO fail to learn from BitShares"? 

Can't say that we didn't offer experienced advice from a loving big brother. Do a search and you will see what I mean.

 +5%

Bitshares is an ocean of knowledge and experience that the rest of crypto seems to keep overlooking.. or purposefully denying.

Pages: 1 ... 4 5 6 7 8 9 10 [11] 12 13 14 15 16 17 18 ... 168