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Messages - Gekko

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46
Keyhotee / Re: What's the point of keyhotee?
« on: December 03, 2013, 07:22:46 pm »
To stay on topic: Let me say first that I don't like the name "Keyhotee". Maybe for native english speakers it makes sense in a way... in many other languages it's just like "what?", unlike "Google", "Yahoo" or even "Microsoft" or "Facebook". - But ok, the name shouldn't be the most important thing about it (even if it kind of is if we talk about mass-appeal).
I have to correct myself a bit according to this I think. Maybe "Keyhotee" will be the new "Google", which sounded silly, too.
So in the end - maybe - the name and it's pronunciation don't matter that much.

I'm a little slow on the uptake on some things around I.I.I.
After seeing the Keyhotee video by bytemaster ( https://www.youtube.com/watch?v=3pZaTdEtK-8 ) I once again have more questions.
It all sounds a little "too big" to me. The whole 13 minutes I thought "yes, that all makes sense". But the question is: isn't there anything like this already?
Hasn't anybody had the idea to solve those problems about passwords, accounts, et cetera before? Or is there but nobody got attention yet?
It seems like Keyhotee really is something like "the next generation internet" - but why does it take "some company from the countryside" to invent/create something like this "out of the blue"?
I mean there are smart people in the computer industry (and everywhere else) and it is 2013 already.
Do you really think and expect that Keyhotee will be "the new http://" ?
That would be a revolution. Could it be it started "around here" in this forum and with just a few people aware of it's existence?
I mean there's just 1300 people who watched the youtube video above.
Are all of us here really part of something that big?
Frankly I cannot believe it and think maybe I'm missing some important part.


47
BitShares PTS / Re: [ANN] ypool.net - Fast PTS pool
« on: December 03, 2013, 05:37:31 pm »
Yes, starting from M7g line, miner mines first 120 seconds for developers of the miner, this decision has been made after discussion of people in the ypool chat.
This behavior is clearly indincated and not hidden, unlike of some other miners typically called as silent miners.
I think that's the right way to do it. 120 seconds is a fair "price" and (IMHO) better (and maybe more effective too) than begging for donations!

48
Keyhotee / Re: What's the point of keyhotee?
« on: December 03, 2013, 03:53:08 pm »
BitShares are going to need a wallet so they might as well make a fully featured one.
Let's all hope it doesn't get bloated. I'm more with the Unix philosophy "Write programs that do one thing and do it well."
(I'm thinking about a media player in Keyhotee and stuff like that... Heaven forbid! :) )

49
BitShares PTS / Re: What is ProtoShares?
« on: December 03, 2013, 02:51:42 pm »
By George, I think he's got it!   :)
ProtoShares are an investment in an entire DAC product line - perhaps an entire DAC industry.

Thanks.  That means I'm rich.  You will get an invitation to my private island! :)

50
BitShares PTS / Re: Protoshares / Bitshares now LIVE on Facebook & Twitter
« on: December 03, 2013, 01:24:12 pm »
Digger, I meant the three exclamation marks ("!!!") in the description. One should be enough, shouldn't it?

51
Meta / Re: Which (Child) Boards are we missing? Make suggestions!
« on: December 03, 2013, 01:20:44 pm »
How about a "News / Press" Board, where everything about ProtoShares/BitShares/Keyhotee/... in the media can be posted/discussed.

52
BitShares PTS / Re: What is ProtoShares?
« on: December 03, 2013, 11:13:08 am »
I have a comprehension question:

Let's say I have 10 ProtoShares.

In a few weeks/months/years there are 10/100/1000 different DACs.

What will be my "share" of every DAC?
Will I have 10 "BitShares" in each of the 10/100/1000 DACs (and in every future DAC) just by holding my 10 PTS?
Will my 10 PTS be converted into 10 BTS for every DAC?

If so:
If I hold 10 PTS until there are 100 DACs and I thereby have 10 BTS in each of those 100 DACS - and then I sell 5 of my PTS.
Will I have 5 BTS in every DAC created after the 100 DACs and keep the 10 BTS in each of the first 100 DACs?

If so:
selling PTS - ever - would be a no-go, wouldn't it?
As PTS are "all-purpose" and there will be only about 2 million PTS - their price MUST skyrocket if DACs will be successful?
BTS instead are not "all-purpose", you can buy them (you can mine them?) but only put them into a chosen DAC "once" and they are "gone" (into that DAC), until you pull them out of that DAC und put them into another DAC right?






53
Hi Brian!

Maybe start off with creating a wikipedia article about BitShares and ProtoShares? :)

54
BitShares PTS / Re: [ANN] ypool.net - Fast PTS pool
« on: December 03, 2013, 09:09:36 am »
I see, the new "g"-version shows a "mining for the devs now" message when starting!

55
BitShares PTS / Re: [ANN] ypool.net - Fast PTS pool
« on: December 03, 2013, 08:45:05 am »
So "warmup" in jhprotominer means it's crunching for the devs?

56
Sorry, did not see that.

As I am "not allowed to delete the first post in a topic", could an admin/mod please remove this? Thanks.

57
BitShares PTS / Re: [Megabounty Thread] Help Us Write the Protoshares Copy
« on: December 02, 2013, 06:18:06 pm »
Capital Backed
How do you know? Whose capital? How much of it? Can Mark Zuckerberg or Bill Gates switch all of this off? Could they if they just buy Invictus?

Quote
The only barrier to entry is a computer with which to run the DACs software.
Start-Up idea! Let's create a website that provides that without installing anything on my PC!

Quote
a well funded company (Invictus Innovations Incorporated) is developing innovative software solutions based on Protoshares.
Well funded? Stan, bytemaster, how much money do you have? :)

Quote
Despite corporate development the Protoshares software is open source, ensuring that the best interests of Protoshare holders will be maintained by the development team.
Better!

Quote
Protoshares are the first opportunity to acquire a new type of asset as every Protoshare is a share in the first decentralized trading platform, Bitshares
Ok!
Quote
which is currently under full-time, funded development by a highly qualified team.
Is it? Are they qualified? Reddit says: SCAM! ;)

Quote
Protoshares are currently the best way to position yourself to benefit from the new DAC industry.
I want to believe.

58
BitShares PTS / Re: Protoshares / Bitshares now LIVE on Facebook & Twitter
« on: December 02, 2013, 06:05:59 pm »
"PTS Protoshares that are mined with just a CPU!!!"

Why three "!!!"?

The logo is interesting. Some hybrid between the 2D and 3D logo! I like it I think.

59
General Discussion / Re: Online wallets
« on: December 02, 2013, 06:01:40 pm »
A general question - if you have your PTS on an online wallet like Cryptsy
That is just something to NEVER do! EVERY online wallet just has to "see" your $cryptocurrency only for the moment of trading. After that it MUST be moved away from there, into your private wallet - if you are sane.

60
Keyhotee / Re: What's the point of keyhotee?
« on: December 02, 2013, 05:43:28 pm »
Bottom line, computers existed prior to Apple, but the Macintosh changed everything.  Ease of use matters and is something that cryptography has not yet achieved.
Was it really Macintosh that changed everything? If I think of computer I think of "C64", "MS-DOS" and "Windows". Even if Microsoft stole ideas - those were the mass-products that changed everything, in my opinion. Just like Linux (not Unix!) changed everything later, again - in another way.

To stay on topic: Let me say first that I don't like the name "Keyhotee". Maybe for native english speakers it makes sense in a way... in many other languages it's just like "what?", unlike "Google", "Yahoo" or even "Microsoft" or "Facebook". - But ok, the name shouldn't be the most important thing about it (even if it kind of is if we talk about mass-appeal).

If Keyhotee will be as easy and idiot-proof as WhatsApp, the camera-app on Android or iOS, or even Google, and it looks good - it could become big, because everybody can use it no matter how dumb.
If it is free, open and really secure - it gets the nerds and techies, too. Hopefully.

Another thing is that "the first thing I see" when I google Keyhotee is "some strange company" creating a "just another" product. First thought "another startup wanting to become Facebook. Good luck. Next!" ...
Where is Keyhotee on Wikipedia? It has to be shown that Keyhotee foremost is an "open idea" in community hands, against surveillance, maybe backed by company money but still alive if the company goes bankrupt, and there will be no ads in it, ever, and no "pro-version" to buy. And a clear to see reason why to choose a new, not even born yet, product against "all the others".

If with Keyhotee (damn hard to type, too ;-) ) you want to reach something that will be pre-installed on every new computer and smartphone, you most almost reach the impossible. It's not always the best system that "wins", you have to reach "that certain something" to make it successful. (See for example https://en.wikipedia.org/wiki/Videotape_format_war that VHS won!)

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