Quote from: cryptillionaire on September 09, 2014, 11:25:26 am

It drives the price of another crypto down whilst pushing the price of btsx up, I support it.

So does simply selling the other crypto tokens for BTSX. The people mining on MineBitShares support BitShares enough to want to hold on to BTSX. If they already support it they can trade on an exchange directly and cut out the middleman.

Edit: I don't know. Maybe there is some weird psychological marketing voodoo going on that I cannot comprehend. Perhaps it would be attractive to people still on the fence about POW vs DPOS. I still think that if you think mining still has some value for the time being, it makes more sense to mine on a well established mining pool and then trade your BTC for BTSX on an exchange.

It's simply just a shortcut from mining hardware directly to btsx, rather than btsx -> whatever is the most profitable coin -> marketplace -> btc -> btsx.

Quote from: nethyb on July 26, 2014, 07:19:19 am

MineBitShares.com - A virtual mining multi-pool for BitSharesX
Making the unminable, mineable! - Coming Soon

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I'm initiating a delegate campaign to support MineBitShares.com.

MineBitShares.com is a mining pool which will direct the miners hashing power to mine the most profitable traditional POW based crypto currencies that is automatically exchanged for BTSX and paid daily to miners.

It’s likely the pool will help attract and retain new members of the crypto community to BitShares, and by automatically selling other crypto currencies to buy BitSharesX, it’ should also have a positive effect on the price.

Am I the only one who doesn't get the appeal of this? You are essentially acting like a middleman in the exchange between the POW tokens and BTSX. Is this just for people who don't want to bother with the "trouble" of trading their POW tokens (mined from an already well established mining pool) for BTSX on an regular exchange? Besides, if a POW miner actually believes in BTSX enough (or even just DPOS) to want to earn BTSX instead of the POW tokens, I would think their smartest move would be to sell their ASICs while they still can.

It drives the price of another crypto down whilst pushing the price of btsx up, I support it.

Quote from: cryptillionaire on September 08, 2014, 10:58:18 pm

Alright, perhaps I was incorrect in using the term 'requiring', but some comments from users here are along the lines of not voting for anyone who does not disclose their real life identities, and voting out users who don't disclose identities is excluding users who believe privacy is important.

Here is what it boils down to: people can vote however they like. Some people want to vote for people whose identity they know. Some people don't care about identity. We can argue about the advantages and disadvantages of each, but for you (and others) to come here and start bullying people because they have different voting preferences than you is wrong. Who are you to tell me that I cannot vote out delegates whose identity I don't know and trust??? That is the entire point of DPOS - you vote how you want and I vote how I want, each according to his values and criteria. I don't care if you disagree with me but when you start acting machismo (like the dude who had to let us know that he carries a gun lol) and threatening other people because of their voluntary voting preferences you are just making yourself look stupid.

Quote from: cryptillionaire on September 08, 2014, 10:58:18 pm

What do you forsee malicious users being able to pull off with one delegate node? Surely this system is more secure than being able to fall victim to one delegate? If you're worried about one user having 50 different identities and 50 delegates, then don't vote in users who offer nothing back to the community.

I described one such attack above. And FYI there is really no way to know for sure the number of delegates that a particular user is running.

Quote from: cryptillionaire on September 08, 2014, 10:58:18 pm

On another note - if someone was to break the btsx system, there would be no legal consequences.. this isn't a regulated system, nor is running a delegate providing you a legally binding contract. The real life consequences you refer to sounds like promoting psychopathic vigilantism.

Wrong again. Cryptocurrencies are treated as a commodity asset (ie, property) in most legal jurisdictions, and as a currency in others. Stealing property/money is illegal in most places and can land you in jail. Apparently punishing people for theft is "psychopathic vigilantism." I don't even... how could.... sometimes I don't even know why I try...

At no point did I bully or threaten you.
Yeah, stealing property/money from a person is illegal, but no delegate can possibly steal from you - it's just not possible. The only thing they could do is break btsx, but even then if you just vote in users who offer something to the community and have something to lose (their reputation) then it won't happen.

its not a fixed number!

but more delegates mean more costs. so you have to make a choice between decentralation and costs

It costs far less to host a delegate than it costs to mine a proof of work crypto, so I disagree with that being a negative factor.
What is a negative factor is how on earth we keep track of more than 101 delegates, and make it easy for everyday users to vote for such a large amount of delegates.
Perhaps in a couple years time when delegate campaigns are far more common place and highly competitive, we'll have figured out a good way to expand above 101 delegates.

What i'm interested in, is whether it's possible to merge mine another dac onto the btsx blockchain? And if it's possible, is there any room for sidechains/tree chains to unite dacs instead of a dac being an entirely new system?

Wouldn't the reliability variable exclude them from the delegate list? Infact.. is there a minimum reliability required before you're kicked off the delegate list?

Hey,

What are the limits of publishing price feeds to btsx as a delegate?
Can this script be scaled up to provide dozens of price feeds? Or is there a limit?
Eli5 how price feeds work? :S

Cheers

Can someone point me in the direction of how to set up feeds for currency values? I'm very interested in creating a delegate, and this is a gap in my knowledge at the moment.
Thanks

Hey guys,

Couple links first:
Opensim: http://opensimulator.org/wiki/Main_Page
Hypergrid: http://opensimulator.org/wiki/Hypergrid
Opensim wiki on money implementations (poor implementations): http://opensimulator.org/wiki/Money

Basicly, think of opensim as an opensource virtual reality that's very similar to second life.
Hypergrid is an extension to opensim that links opensim servers together to create a mesh of vr worlds.

One massive thing that Opensim is missing is currency - there are centralized tokens that people are issuing, but that's a terrible solution! What if DPOS was implemented where a delegate has to host part of an opensim on our own hypergrid, and we track all currency and inventory on the blockchain?

Delegates would not only get fees on transactions, but users would also be buying land on their servers to create their own virtual reality areas. This would require delegates to have powerful servers, but it could be very profitable for the delegates to do so.

One thing that would be very difficult however is policing - who are admins? how does reporting work? etc.. tricky. Looks like hypersim might give such powers of policing to hypersim owners (in this case the delegates).

Thoughts?