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Messages - luckybit

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16
General Discussion / Re: BM有罪 BM guilty
« on: April 26, 2016, 04:04:12 pm »
Firstly, Ethereum is a bubble that is popping fast.
Has BM actually stopped developing? He recently did Stealth and now hes on Steem.

BM doesn't develop for free though and maybe liquidity is missing. How can you have an exchange without liquidity? Also no one advertises. Even OpenLedger doesn't advertise on Reddit groups related to exchange.

17

I'm new to trading, so I'm probably using the wrong language.

But most centralized exchanges when you first login to them (think BTC-E or BITTREX) show you "at a glance" which coins are being traded the most, and recent movements.

This shows that trading is happening live, and where the excitement is..

However when I login to bitshares2-lite wallet. I don't get this "at a glance" update, which makes the whole experience very static.  It gives the illusion that no one is trading, and that all markets are stuck and if I were the only one making a trade, well, I'd be the only one making the trade.

Now, I know I could go to cryptofresh.com and see this type of trading movement.

However, there's no ticker or anything inside of the bitshares 2 client that I can see that makes the client feel "alive".

I really think it would be nice if it could pull in an external feed from cryptofresh or similar.. Even something that gives a bit of info, and then to "see more" they could be directed to cryptofresh itself.

Does anyone know what I'm talking about, or am I just lost here.

I cosign this. We should have this change in the GUI for psychological reasons.

19
You can either go the VM route as Ethereum is doing and in that case gas is how you avoid the halting problem with your Turing completeness or you can go the decidable logic route as Tauchain is doing which means you have no halting problem because you are not Turing complete.

In my opinion the Tauchain decidable logic route is the best approach because it's not a quick hack, it's better for security, it's much more scaleable, but then it takes a lot more effort to do it the right way which is why Ethereum even with mistakes is at least here now.

Digital Asset Holdings recently bought a smart contract company called Elevence which is interesting in that it appears to be going the decidable route with smart contracts. My conclusion is blockchain computation is likely and is also easily scalable depending on the approach. Latency will not be much of an issue if the incentives are set right and there is a supply and demand.

http://www.coindesk.com/digital-asset-acquires-elevence/

20
General Discussion / Re: dilution for BTS and funding for development
« on: April 19, 2016, 08:08:58 pm »
A crypto monarchy?

21
General Discussion / Re: STEALTH Status Update
« on: April 17, 2016, 05:41:31 pm »
Dangerous as, not very stealthy?

The security of something like stealth increases when more people use it. When only a few people use it then it's not very stealthy or private.

22
General Discussion / Re: Poor Man's Patent
« on: April 17, 2016, 05:21:52 pm »
It can easily be written as a Python app, encode the hash as a series of transactions similar to how Omni or Counterparty does it. Does anyone know the Bitshares API well enough to write this app?

23
General Discussion / Re: Congrats to the no-dilution crowd.
« on: April 16, 2016, 01:37:14 pm »

Well we're down to 1 worker and he won't last long as this rate.

I wonder how long the block-explorer will last?  Hopefully for awhile still. Once that is gone, even the service I worked on that integrates a rudimentary Bitshares support will no longer be viable. It is probably worth it for him to keep it running, given that it'd allow him to get a decent job given the professionalism of the site.

Maybe Chinese will get one last pump in for the rubes left ?

Regardless, mission accomplished guys. Excellent job. lol

What is expected of a developer when the blockchain fires him?  Is he supposed to finish up his work for free or just immediately quit and go do something else?  Anyone ever had this discussion?

Bitshares is owned by it's competition, centralized exchanges. So let them direct the fate of Bitshares and trade on their exchanges.

24
Put it on Coinmarketcap.

26
General Discussion / Re: New serious competition for Bitshares: Waves
« on: April 12, 2016, 12:37:59 pm »
They are a comprtitor for assets listed on our DEX, but they don't do smartcoins, therefore, our smartcoins like bitGOLD will eventually find a way onto their DEX in the same way that their equity will find a way onto ours if their launch is delayed post ICO (like Lisk equity currently).

Their model is more like Ripple's than ours, and their aim is just the same (big player adoption).

They are admittedly going the centralized route through "Leased" POS which is basically DPOS.

It's not hard for them to do smartcoins.

In my opinion in order for Bitshares to remain competitive it needs to integrate into Ethereum ASAP. This way if Ethereum wins so does Bitshares because Bitshares would be even more decentralized because it's smart contracts would run on Ethereum and on it's own platform. Kind of like how Apple actually made iTunes for Windows and Microsoft made software for the Mac.

29
Only 0.47% of STEEM is liquid in individual accounts, this is going to make the pump on CMC legend... wait-for-it... dary!
I'd like to buy STEEM .. Anyone willing to sell some OTC?
you can run a 12 core jiffybox for 24 hours for 3,60 € and u maybe get like ~40 steem

How much? 360 or 3.60? And what is that in USD?

So far has anyone decided if it's worth it?

30
I think it would be cool to see a project spring up that provides a substantial amount of computation on the blockchain(like a souped-up ethereum).  to my novice computer-science aware mind, it seems like this could be done parallel blockchains that run a VM with perhaps other sidechains that could be spun up like threads, and the whole thing could have a ~1 millisecond block production time.

@abit
@theoreticalbts
@bytemaster

do you think such a project is feasible? would it be useful?
what do you think the limits of computation on the block-chain currently are?

Not feasible with current Bitshares design nor is it sensible. Computation should take place off chain. This would have to be a separate but linked project to Bitshares because it will take a massive amount of coding to get it right and Bitshares wont want to pay for it.

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