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Messages - Permie

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241
I'd love to see a cross community collaboraiton on a decentralized marketplace.

Imagine a 1 click installation of a front-end like prestashop by using your public key and setting up a marketplace of offers you own on the syscoin blockchain. Now imagine installing the Bitshares ecommerce plugins which I have already done and now you have the ability for vendors to accept USD on chain while using a marketplace decentralized stored on their private key, backed up by the network. If you wish to move your store to say OpenCart you can do the same thing, infact both stores will stay up to date by monitoring the blockchain and adding items to the sql databases through the syscoin blockchain ecommerce plugins.

To take it a step further you can link your marketplace to someone else's by using linked offers. You will simply be able to say I want to clone someones marketplace offers and offer things on there for a small commission and dropship orders... thus if you are a better salesman you will get a cut out of things you do not even own, but just a reseller. You should be able to even browse offers and resell from different vendors, becoming a reseller from a variety of different sources. With offer whitelisting you can achieve volume based discounts or a vendor controlled reselling platform for each offer you own if you wish only select individuals to resell your offer, and at what prenegotiated discount level.

Now imagine if both blockchains supported AT (with built-in escrow, buyer/seller protection) and ACCT and you can now transfer coins in/out of either chains, thus you can pay your marketplace fees in Sys by using bitshares. Now you got total integration of communities.

Because Sys is on supernet, you should have ability to hide your coins using either bitshares or supernet if you wish anonymity when using the marketplace.

That's the vision I am working towards right now.
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242
The BitShares protocol is the mycelium of the financial earth. The services and products available are like the fruits that grow and it is up to the collections of people to tell eachother which 'food' is poisonous and should be avoided.
The mycelium connects disparate parts of the forest together to exchange information and resources efficiently.
Collections of people (companies)can also group together to 'work the land' and provide more value.
BitShares real estate is analagous to physical land in every way except that it cannot be enclosed and rent seeking is impossible. Those who 'work the land' most effectively get the profits, not those who get there first and fight to keep it.


243
Random Discussion / I'm questioning the Free Market (unusual)
« on: July 20, 2015, 11:41:10 pm »
I was talking to a Health Economics PHD student and we had a lengthy discussion about the nature of society and how I believe that the Free Market will solve all problems better than a centralized entity (the state).

One point she raised that I hadn't considered is that even if the average health of the population improved, a large wealth disparity will still cause resentment and bitterness which results in higher stress levels and worse illnesses. She thinks wealth disparity will be just as bad or worse in a free market, as the people are not 'guaranteed' an education and a baseline level of healthcare.

I'm sticking to my guns, or rather, sticking to my non-violent principles and still think the Free Market can solve this problem better.
I can't come up with a specific answer as a rebuttal but I do think that lower barriers to entry will allow more people to make profit solving problems.
Can somebody articulate why a free market will produce a better-off society and reduce wealth disparity to the 'optimum' level?
If every system to run a country was tested, I'm confident that Free Market Anarchy would be the best but I can't always explain why.
"Innovation" and "because a swarm of intelligent and free humans will do it better than an exclusive group (government)" don't always cut it as good enough answers for her.

Help me show her the way

244
Really nice alternative to coinmarketcap!

Are you looking for contributors?
This kind of info is exactly what I've been waiting to see

Certainly looks like BTS is a real winner

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Do these posts add to metaexchange's SEO/rankings?

247
That is all part of 2.0. I couldnt come up with something BTS stakeholders could vote on other than what you mentioned.
Even though we can not come up with something like this NOW does not necessarily mean your future us can not :)
From what I understand from the code of Graphene, the code can be easily extended to allow for many more "voting" possibilities.

I don't yet know much about FMV, but I can imagine extra tokens that can vote for proposals that are independent of the BitShares Ecosytem.

The way I see it, BitShares 2.0 stake-based voting and Follow My Vote voting are two different ways of voting. The first is not private and weighs votes by the quantity of the asset (at first just BTS but in theory any asset) that is authorized for the particular election. The second is a "1 final vote/ballot per unique token" system where unique tokens are publicly assigned on the blockchain by the election authority prior to the election opening (typically with 1 token assigned per every unique person qualified for the particular election) and it uses advanced cryptography to provide privacy for the voters (disassociates the entities who were assigned the unique voting tokens in the public pre-election phase from the actual ballots submitted by each token after the election opens).

The first kind of voting is much easier and better suited for stake-based voting on proposals (despite the fact that it doesn't give us true privacy but rather just pseudo-anonymity assuming our account's aren't tied to our real identities). That is good enough for the type of decentralized governance Troglodactyl is talking about. So I would say after the transition to BitShares 2.0 is complete, we don't need to wait for an extra step 2 for Follow My Vote style voting features. We can and should immediately get started with voting on worker proposals for important new features to add to BitShares 2.0 such as (in no particular order): bond markets; option markets; privacy features (confidential transactions aka blinded amounts, stealth transfers with blinded signatures of the type that provide private multisig, transaction types designed to easily facilitate CoinJoin-like functionality, etc.); Follow My Vote style voting features; escrow transactions and basic payment channels; a full micropayment network à la Bitcoin's lightning network; LS-LMSR prediction markets; Augur-like decentralized oracles; and more.

You mention LS-LMSR prediction markets / Augur-like decentralized oracles...

I wonder if this sort of thing could/should be utilised by Bitshares to aid decision making when it comes to voting on important issues. People often make poor decisions, and I'd hate to see voting done with a 'herd mentality', leading to decisions which are sub-optimal or harmful for BitShares. Knowing a little about Liquidity-Sensitive Logarithmic Market Scoring Rule prediction markets, it seems this could help people to vote beneficially. When 2.0 comes, should we set a high priority on getting such a thing implemented within BitShares so that we can use it as a tool to make BitShares even better?

I believe some huge companies make decisions by allowing employees to bet using prediction makets. I did a quick Google and found this article.

I'm not talking only about creating a prediction market...

I'm talking of using it specifically in order to optimise the development of BitShares itself!

Has this been discussed at any length in the forum? I'm tempted to start a new topic if not...
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248
Technical Support / Re: Freedom is indeed about choice…
« on: July 19, 2015, 11:27:49 pm »
Thom I wholeheartedly agree with your philosophy fundamentals and very much agree alot of your posts, but I think this issue isn't as clear cut as you think it is. The ability to enter voluntarily into a contractual agreement for someone to have control over your assets is a freedom like any other and important in certain use cases. I also think it is very important to allow for both scenarios and that the incentives aren't skewed either way by the blockchain whether its total freedom of your assets, or the abdication of ownership to play out and let the pieces fall where they may.

My reasoning for this is that it provides a clear cut Apples to Apples comparison of exactly why freedom is so incredibly goddamn important!
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So long as there is a clear cut separation between controllable assets and Market Pegged Assets, with reasoning and fail-safes ensuring that the separation remains indefinitely then I do not think there is a problem.

Quote from: Thom
I look at it as we are adding the ability for one entity to control the assets of another entity, to nullify the purchase, to offer something in place of true property ownership
Then that particular asset is not property, but a contract or agreement of some other kind. So what?

If you want property then buy MPAs and don't trust any issuing-entities.
Why can't there be both? BitShares aims to assimilate all areas of finance, sometimes people want somebody else to have access to their assets.
Reputation and competition will "regulate" these issuers and nobody is forcing anybody to use them. Maybe that is the danger that you predict, but external-force cannot be solved by bts code.

BM has talked about the need to move away from a contract based society, as it requires force to guarantee all promises. Instead, reputation and web-of-trust type systems should replace them.
MPA's do not require trust, but for everything else that does then UIA and asset-control is available.

I understand that an absence of an answer here doesn't mean that 'infection' is impossible, but I would like you to hypothesize on how a bad-actor could corrupt the MPA system, specifically using the tools given to them by UIA control.
If UIA's didn't have 'compliance' features, then how would these attack vectors be mitigated?

I am assuming you are worried about a government using the threat of imprisonment to force users to adopt a fiat 2.0 bitasset, where they have all the power and control they currently wield.
How do UIA compliance features aid them in this endevour?
"USE THIS OR ELSE!" would seem to me to work just as well if only MPA's existed, they could just premine their own bts chain and get people to use that instead.

My reasoning for this is that it provides a clear cut Apples to Apples comparison of exactly why freedom is so incredibly goddamn important!
I don't think compliance UIAs help baddies, but they do allow users to experience holding both free and controlled assets and help them realize the benefits and pitfalls of each.

249
Technical Support / Re: Fixing my business plan
« on: July 15, 2015, 10:49:38 pm »
Edit; I also had a long conversation with a none-crypto trader. A professional currency trader who likes the internal marketplace..
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Are there places you can perform where you're more likely to meet these kinds of people?
I think targeting financial-types would yield a much better result.
I'm not sure the average person cares much or understands economics or exchanges

If you could prove that you're pitching to these financial types on the regular, I think you might get more votes
A 1 hour conversation with a trader who can relate to what you're saying is more valuable than handing out cards to 100 people in the same time, IMO
If you can educate one well-connected person to 'get it' you can spark a chain reaction of BitShares chat in the office, full of other financial pro's

Keep up the good work!

250
General Discussion / Re: SWIFT Institute want to pay BTS 15.000 Euros
« on: July 15, 2015, 10:43:21 pm »
Thanks for passing this along. I am working as an intern at one of the largest information intermediaries in the financial industry. My team deals directly with exchanges and I have been trying to put together a presentation that charts the past and future trajectory of the exchange industry as dictated by technological trends. The block chain plays an integral role in future development of the exchange ecosystem and I have already begun to do some analysis of how the trade workflow can be consolidated by the block chain.

Reading the proposal, it appears that institute or at least the author have very little understanding of the full breadth of alternative block chains that exist. They seem to be skeptical that the block chain can be used for trade execution and should be relegated to consolidating back office operations which is not at all true given the transaction processing and confirmation speeds of bitshares and hyperledger, which at present or at least in design can handle 200,000 and 500,000 tps, respectively.

If no one else from our community plans on writing a proposal I plan on doing so, even if only as an exercise for better understanding how this technology might be adopted in the future. I know that most within the crypto currency space are looking for mainstream adoption, but I think primarily that we will see adoption amongst the very corporation that we are trying to relieve ourselves from.

Basically this is an easy 15.000 Euros if you understand the technical constraints of the block chain, which most people that are fixated to bitcoin don't understand.
Please write a proposal!
Working within the belly of the beast gives you good insight and you seem like you have some idea what you're talking about - go for it, mate
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251
Still in the ether...

http://intheoreum.org/#welcome

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INTHEOREUM

ULTRA-CENTRALIZED TURING INCOMPLETE ARBITRARY TRUST APPLICATION ECONOMY

Based on Bobchain Technology

THE is the exchange symbol for Theory,  the fuel that powers the InTheoreum network. Its kind of like money except we don't say that. Once a transaction has occured a C-APP can ask Bob about the state of a particular user account and Bob will respond with an accurate answer measured in Theory. Or not. It's as simple as that.

252
Technical Support / Re: Fixing my business plan
« on: July 15, 2015, 09:17:51 am »
Imagine me on a normal day. I get up and smoke a joint with the camping crowd. Here we chat, they ask me what I do and then I explain them in 4 sentences what BitShares is about and hand a flyer/card.

Then I go to the center with the metro. In the metro I start singing and making some comedy. By that I meet people from all of society.
Of course I tell them about us and give a card.

Once in the center I continue with my show (starts from 5 cent if they like it, if not I pay 20 cents).

I do this the whole day and meet dozens of people. They like my show, they pay and with that money I go and print flyers.

Then I hitchhike a bit back to camping and meet more people.
These people you normally not meet on the street. They are managers, business people from large companies.

So every day I meet 50 to 100 people and explain BitShares. Last time I met family members of freaking Boris Becker, tennis icon!

Show me one person here, who brings BitShares to so many different people like I do. With lovely poetry and real emotions I break the ice. My target group is everyone. From the hustler at the corner, to the celebrities. 1Love..
This sounds really great!
Have you any videos of your performances?
I think you need to woo bts members as well as the public with your poetry

What extra work do bts members get if you're voted in that they don't get from you for free anyway?

253
General Discussion / Re: SWIFT Institute want to pay BTS 15.000 Euros
« on: July 14, 2015, 11:37:57 pm »
it's not easy .
Said proposal would require experience in the security industry .
Bitshares has needed such expert to come onboard since BitAssets...
New investment + "experts" - incentivize inviting knowledgable people to forum
https://bitsharestalk.org/index.php/topic,17570.0.html

254
Just spotten a typo on the front page: https://metaexchange.info/

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Fast transactions

Orders a processed as soon as they are confirmed, no need to deposit, trade and then withdraw.

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Quote
An enterprise-level digital currency exchange, BlockEx is capable of handling trillions of transactions a minute with all the professional support expected of a white label. Offering pooled liquidity, we enable our partners to maintain a full and active order book keeping traders happy.

Providing a one stop shop for partners to get everything needed to get started quickly, our support includes hands-on client care, legal guidance, pre-vetted service providers, payment processing, AML/KYC support and pre-made skins. On top of unparalleled technology, our turnkey services provide top-level Gambling, Forex and Binary Options operators the highest levels of customer service and support.
I'm assuming this is a centralized service but can someone explain why this can't compete with BitShares?

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