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Messages - sittingduck

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31
General Discussion / Re: Why Vision Matters Blog Post
« on: December 30, 2015, 04:06:06 am »

The dex is finished.
No. Until it has decent profit model (percent based fee system) it is not finished.

There are percentage based fees. 

32
General Discussion / Re: Why Vision Matters Blog Post
« on: December 30, 2015, 03:21:34 am »
The dex is finished. 

33
General Discussion / Re: Why FC library not a project ?
« on: December 29, 2015, 04:36:54 am »
Fc has been used in every project Bm has worked on. It is very useful much like boost.

34
General Discussion / Re: 2016 Vision Blog Post
« on: December 29, 2015, 04:34:57 am »
Knowing Bm he is always looking for profit.  Let's give him time to explain the business.

35
General Discussion / Re: 2016 Vision Blog Post
« on: December 29, 2015, 04:31:24 am »
A business without philosophy is dead and pointless. Likewise philosophy without business goes nowhere.  The maze of life is too complex to make decision only on info.  It is values and philosophy the must fill the gaps and keep us focused.   

Nothing Bm said takes anything away from the dex.  It only adds something new.   The dex is nice and all, but there is no reason to use the dex. There is no reason to use bts except for the hope of adoption.

As a user why should I adopt bts TODAY?  Bm just gave me a reason to be involved today.  Speculation isn't a good reason on its own.  It created a huge sunshine soldier that left town after the easy gains were had. 

Mas is a great business that provides value today.  It gives us something unique.  I can sell that.  I can't sell a dex with no unique assets to trade to many. 

36
General Discussion / Re: 2016 Vision Blog Post
« on: December 29, 2015, 02:00:54 am »

If we can achieve government via blockchain using consensus, supported by reputation and free markets then perhaps the word "government" may be redeemed.

I agree with the emphasis being shifted to community and the value the BitShares network can offer as an unparalleled tool for society.  BM your words inspire me and once again reinforce my conviction that BitShares is the place to be.

I disagree with yvv in his belief that ideology endangers the BitShares network. Pursuit of the right ideology (and we've been grappling with what that is since the dawn of Bitcoin) is the only way BitShares will grow significantly. Yes the technology must be competitive, accessible, with exceptional utility but it is the thorough philosophical analysis and vision that sets BitShares apart. Incentives that enable the network to exist and function are essential but isn't the legacy of greater importance?  Without well reasoned ideology, there would be no dedication to ensuring the choices we make wll ensure BitShares is built to endure.
+1

37
General Discussion / Re: 2016 Vision Blog Post
« on: December 28, 2015, 11:51:35 pm »
I am glad there is an attempt at vision.  Obviously bts holders have to concur with any vision. Bm is just one person.

38
The bytemaster account has 0 bts in it.  The angel account is also not all Bm.  So 10% is mostly from others voting to follow Bm. Even with all of that he still controls less than 50% of active voting stake.

39
General Discussion / Re: Do we still have a halving in 2.0?
« on: December 24, 2015, 04:03:37 am »
The total supply is capped and cannot be increased beyond 3.7b.  It also cannot increase by more than 5 bts per second. 

40
To take it seriously and hopefully increase vote.

41
You will never be able to vote with a stealth system. That is kind of the whole point of confidential transactions you don't know how much money everyone has. Voting was the primary way BTS one was compromised.  This does not affect the referral program because stealth transfers do not participate in the referral program because we don't know who is transferring to whom. 

42
General Discussion / Re: What is the goal of Plasma?
« on: December 20, 2015, 01:36:30 pm »
Plasma enables cheap private block chains. 

43
General Discussion / Re: Mutual Aid Societies
« on: December 20, 2015, 01:26:01 pm »
There are still plenty of rules and plenty of incentive to avoid risky activity. Car insurance doesn't cause more risky driving.  No amount of cash makes jail time desirable.

44
General Discussion / Re: What is the goal of Plasma?
« on: December 19, 2015, 08:56:20 pm »
There is no one point.  Plasma is a better web stack with Flux arch and replicated database.  It has a place.

45
Shareholders are not paying for anything else first.  Bid up the MAKER asset and create a maker worker to see where that goes.  Both can be done at the same time because they require different skills.

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