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Messages - crypto4ever

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91
It's amazing that people think a BTS isn't even worth a penny! Not even a penny!

That's exactly what early Bitcoin investors thought when someone traded 10,000 bitcoin for two pizzas ('Bitcoin Pizza Day': Why 2 Pies Are Now Worth $5 Million)

Just because we fast forward a few years, we're making the same mistakes again.  This is the same chance you had May 2010 when Bitcoin was worth less than a penny. Yet people continue to not learn from history. Why?

92
Just wanted to state this..

If anyone knows about blockchain technology, when a traditional chainfork happens, it's because there's PoW blocks created on a different chain because of some quicker blocks, and nodes accepting the blocks.

Eventually these small forks "reorg" as part of chain reorganization

What we're witnessing now in my opinion, is a Bitshares "reorg" in the way of people who bought in to get rich quick and are selling vs the people who understand what Bitshares can and will do in the future and are buying the low.

So while we're in this transition, my recommendation is to either buy or sell in a way that makes you feel comfortable.  I sincerely feel that I'm on the right "chain" by buying.

We'll see what happens, but I fully believe the current low exchange price of BTS is something we won't see ever again.

Keep forging ahead those of you long and strong.. this isn't wasted technology. It's very methodically designed and I think people a couple years from now might see these old stale dated May 2015 posts and wish they could have bought at these prices.

I don't know what spawned this post, other than the realization that we're going through an investor "reorg" akin to blockchain reorganization like Bitcoin has gone through with it's PoW mechanism.

I also agree with the vesting situation that is designed into the system. I never understood it until now.

Perhaps I'm seemingly coded in the way I'm expressing this point. Perhaps someone else can use better layman terms to explain what I'm trying to say?

For those of you who have knowledge of a chain reorganization, doesn't this feel similar?

A good video for this (before it's taken down) is this one from Dragons Den Canada (S09E18, Mar182015)

https://www.youtube.com/watch?v=SratSgODX84

At 18 mins, 20 seconds, to 19 minutes the lesson is.. "I've done this for 33 years. The only way to make money is to buy fear and sell greed"

I think we're in the buy fear stage.

..he goes to to say "wanna know how you get 30 years of experience? 30 years. I've lost a lot of money to make a lot of money"

So I agree with his 30+ years of experience "buy fear, sell greed".  Right now it's a buy fear market at these BTS prices it appears (my opinion only)


93
Decentralized DNS is going to be the power app of the decade.

If you can pull it off. The entire internet will change, literally. Every single thing anyone does on the internet today depends on DNS.

...the importance of this, is huge.

One suggestion: Don't do the rent a name thing for a few months, and renew it, in some other implementations I saw. People need stability. They want to buy a name, and know it's theirs to do whatever they wish for the next 2 years before it expires.

This isn't suppose to be a money making machine. It should be something created for free speech and innovation.

P.S. Namecoin has proven to be the little engine that "couldn't".   I recommend we start fresh.

94
Why don't we have a Bitshares forum devoted to DNS?

95
Surprised no one responded yet.  Goes to show you how large companies can stick whatever they want in their ToS, and people will just blindly accept them.

http://www.foxnews.com/tech/2010/04/15/online-shoppers-unknowingly-sold-souls/

(I know I'm quoting fox news, bad idea. But they're still right about what Gamestation did)

It was even mentioned in this documentary in 2013

http://www.imdb.com/title/tt2084953/

So want to know what people do after learning about this problem? Absolutely nothing.  The world needs help.

96
v0.1 beta of the DNS can be something as simple as a taskbar widget that someone clicks, enters in a URL, it does a p2p query for the latest IP address for that site, and then displays an HTML link that the user clicks.

This way, you don't have to have any browser extensions.

You don't have to bind yourself to the dns resolver or network interface

This allows site names to map to ever changing IP addresses, from a p2p database.  It's a very "lite" client, that doesn't need a huge download.

Microsoft never shipped with utorrent or ICQ, but look how popular those were.  A little taskbar widget for Windows could really work.

v1 could be a browser plugin

v2 could be something that binds to the network interface almost like hotspot shield does..

By the way, if you expect the client to have to process regular BTS blocks, with all the other non-DNS traffic, I highly recommend against that.  You need this to be as lean and mean as possible, as a separate dedicated sidechain.

If you're worried about getting BTS to gain benefit from this, all you have to do is make registering names happen via BTS only.

But clients need to do minimal processing in order to resolve a name.  Right now, you type in a name and in milliseconds you get your answer from the root servers with only a  less than 1 kb of traffic in either direction.

That's going to be the hard part.  Designing a dedicated blockchain that hardly ever hard forks that is simple and quick, and stores very little resources on the client so it can work on phones and other small devices.



97
What we need is an online web conference  (with visuals, like a remote desktop session), every 6 months, that demonstrates the latest wallet.  Shows progress on current development.

Introduces new team members, a Q&A period etc.

It's slightly different than a mumble session for these reasons:

a) It's not just audio based

b) It's an I3 promoted event

c) Since it only happens 1 every 6 months, it can be ideal for targeting developmental deadlines for "announcing" during those web conferences

It's like running our own web expo every 6 months to spawn interest with current investors and future investors.

While I write this, I have BTS.   But I've never done any Asset Trades (I don't know how, and I don't know if the wallet is bug free enough to even try)

But if I sat on a web conference and watched some howto's, with video, I might feel more comfortable using my BTS for Asset buys/sells, or buying more BTS.

If I had a friend I wanted to get involved in BTS, I'd invite them to participate in that next web conference too.  Media people could be part of it

It would have a more professional feel, some planning for the event, some prepared agendas, etc.  A real formal thing.

I think the fuzzy mumble sessions are great informally. But web conferences (formal) is needed badly here.



98
DAC PLAY / Re: 【Announcement】DAC PLAY
« on: March 31, 2015, 01:33:35 am »
DAC Sun Never Set.

Introducing the opensource decentralized game platform PLAY.
http://www.dacsunlimited.com

The latest official release can always be found at this URL:
https://github.com/dacsunlimited/dac_play/releases/latest

Upon unleashing, decentralized technology runs on its own, just like the Internet. The power of decentralization crashes any bureaucracy or censorship that tries to stop it.

WELCOME TO THE DACPLAY WORLD!
-DACSunlimited

There's a lot of spelling mistakes and poor english all over dacplay.org.  I suggest running a spell check and getting a native english speaker to help.

ie: LEARN ABOUT DETAIL  (English people don't talk like that, they would instead say "VIEW DETAILS")

It says this:

"which can be consider as the door opened to the crypto world and than the entire world."

which means this:

"which can be considered as a new door opened to both the crypto world, as well as, the entire world".

It says:

"Provable fair game and truly random number generation is always be a problem for games, the algorithm from BitShares DPOS, we first can use this service based on blockchain in games."

Instead it should say:

"Provable fair game and truly random number generation has always been a problem for games. Now we can use the algorithms from BitShares DPOS, and use these blockchain features in games today."

There's more.   Anyone else want to take a crack at this?

When launching any site you want to have your best foot forward. There will be no second chances to make a first impression.



99
General Discussion / Re: DNS and CJDNS and meshnet
« on: February 19, 2015, 04:46:56 am »
DNS is something that can create greater awareness of Bitshares when launched.  Not only would people want to use the product, they would want to invest in BTS too..  I'm talking about non-crypto users, with their first "taste" of crypto is the decentralized DNS product as their first introduction.

It's a chicken and egg scenario. Perhaps its better to create both the chicken and the egg at the same time.

https://www.icann.org/resources/pages/contact-verification-2013-05-03-en

If you KYC on all domains, you also know who to shutdown and enforce much easier for future legislation that I can bet you'll see sooner rather than later on the horizon.  That SOPA and PIPA stuff is by no means over.  Now that crypto is here, more of that junk is on the way.

The reason why I mentioned CJDNS is it's already made. How hard could it be to adopt it in the short term?  A day or two worth of work with 2 or 3 guys and you're done?

Disclaimer: I don't believe in illegal activities. I just believe in free and open communication, innovation, and sharing of ideas, and privacy for legitimate reasons.


100
General Discussion / Re: DNS and CJDNS and meshnet
« on: February 19, 2015, 02:52:20 am »
We agree DNS is important and it is integral to our current design.

But it doesn't double the value of our shares immediately like getting a ready-for-prime-time minimum viable product that the marketeers can market.

Sure would be great if we could move everything to the front burner.  All it takes is cash.  So increasing the value of delegate pay streams must be priority number one.

Agreed.  This is why I suggested 10% towards DNS, and 90% towards what you just said.

Even if there was a golden hour once a week, just for DNS, and the remaining part of the week was "what you just said", I'd be happy.  Every Wednesday between 8am-9am is DNS dev hour.  Then put it all away and forget about it until the next Wednesday [for example]

P.S. In that one hour, if we could investigate CJDNS and see if there is any way we could piggy back on that without doing any major dev work, that would give us a stepping stone until our own implementation was funded.


101
General Discussion / DNS and CJDNS and meshnet
« on: February 19, 2015, 02:29:42 am »
Since namecoin and .p2p are still vaporware at this point..

(I bought BTS because of toast and DNS initially.  That was why I'm here)

I came across cjdns talked about on http://projectmeshnet.org/

Project Meshnet is a great idea if we can just get some Chinese manufacturers to start selling wifi devices (on eBay for under $50) or wherever that can act as dedicated wifi meshnet hotspots with a build-in 4 port lan switch.   Everyone would plug these in and do software upgrades to expand the meshnet easily in the air, and in their home or office.

But that brings me to DNS

The killer app of this decade is going to be decentralized DNS.   Without it, everything else that depends on free speech on the internet is at stake.

You can always find a way to to do almost anything (buy, sell, play, vote, trade, fund raise, etc)

But the one thing you can't do is have a decentralized DNS.  I think this is something that shouldn't be on the back burner of the stove. It should be pursued until the wheels fall off.

Even if cjdns or any alternative DNS solution isn't easy to install or get adopted, what you could do is have simple CGI scripts or Wordpress plugin that any webmaster can install, almost like a looking glass tool that can be used to dynamically root any domain to a specific IP for that hour (assuming IP records could expire hourly).

Remember the SOPA and PIPA protests? Over 115,000 websites went dark Jan 18, 2012

That potentially could be 115,000 "looking glass" sites to decentralized DNS too.

I can't believe I don't hear more about DNS or at least joining some dev forces with CJDNS or other implementations.

I would also like to see Decentralized DNS have it's own forum on the main forum page, and for it to stay there until DNS is operational.  It is not something we should stop for now, and finish later.  It needs to be an ongoing project with even 10% of resources dedicated to it each week.


102
General Discussion / Re: Year End Developer Bonuses
« on: January 01, 2015, 08:51:47 am »

Just wanted to say...

A lot of people are about money, it's how we're designed by the status quo and social upbringing.

I saw things said from toast and Bytemaster this year that proved to me, that they actually aren't chasing money as much as they want to do the right thing with their talents and leave a legacy behind them.

For that, I am very supportive and appreciative of their efforts.   We don't need to ride them to perform. They're putting their sweat equity in this not just for profit, but to create something they're proud of... For that, they have my upmost respect, and it's like a new sun shining bright on all of us.

Congrats to all developers working as hard as you can. All of you deserve the same respect. Be proud of your contributions to this.. It's more than profit. It's changing life for millions of people if it works.

Happy New Year.

103
Basically if your family is rich you'll most likely still be rich and if your family is poor you will most likely still be poor. This is part of the old commodity based economy.

Now, in the knowledge economy which we are currently making a transition too, wealth isn't defined by commodities but rather by intellect and your social reputation. Just like it was for our hunter gatherer ancestors.

Don't focus on the advantages of others.  Focus on you own goals.

I will point out that two year's ago bytemaster was milking cows while I was chasing thirty @#$%#!! chickens out of our garden -- just like our ancestors have done for uncountable generations.

Without Stan realizing it, he agrees with you. If it wasn't for social intellect for embracing crypto, and BM's and Stan's reputation being accepted by the majority who follow Invictus thus far, perhaps bytemaster would still be milking cows while Stan is chasing chickens out of his garden.

Luckily social intellect and reputation have built Invictus from just those two very exact things as the starting point.

Nothing is impossible for anyone.
The important thing is to start.


Fantastic!  I'm male, and would like to get pregnant naturally and give birth.  How do you suggest I start?

By the way the research paper made this concluding statement:

" the current trend towards a knowledge-based economy that is less reliant on material wealth and more reliant on embodied and relational wealth might in the long run be associated with a concomitant reduction in intergenerational wealth transmission."

I think that's a fair statement.

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