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Messages - GChicken

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91
General Discussion / Re: WTF the people - BTS best market by far
« on: October 18, 2016, 10:14:41 am »
Hi CryptoIndex,

It's a tough gig; I think most people on this forum would agree with you; we know we have great tech and although not all would have tried the other DEX solution i personally share your opinion. to be fair they do work as a form of exchange but waiting for a 10 minute block to confirm just to have your order placed and then another block to execute that order is just not functional as a proper exchange. We have 3 second block and average 1.5 second confirmations so trading feels natural, fluid and responsive despite being fully on chain... its amazing :). Although the DEX is not where it ends, obviously this would be worthless if we didn't have the ability to scale to massive amounts of users; i'm sure you know Graphene and Bitshares has that covered as well.

I honestly see Bitshares as a combination of killer features (scale-ability, speed, governance, flexibility, MPAs(Market Pegged Assets), UIAs(User Issued Assets), Stable-coins, prediction markets) in a world where its competitors individually can only compete on one or two items. But the rest of the world doesn't share my opinion through lack of visibility, education and maybe a marketing issue. i know personally when i get someone to actually try the platform they are blown away, this is not your run of the mill cloned bitcoin wallet; they maybe a little set back at first as it can be a lot to take in, but in general the recognise the functionality and point of differance.

Q. Why try/invest in an asset that has been going down for the last years? must be a crappy coin... little do they know the economics behind it and that there is a perfectly valid reason for the longer term decline in price; which i am happy to say is ending in a bit over 2 weeks (5th of November), i hope that this 'mega halving' / end of social contract with PTS and AGS holder will make way for less sell pressure and allow the market to start trending towards its real value; that change in trend in itself will mean more investors are willing to try the platform it self (as they are potentially already owners or looking to invest) and once word starts to spread i think people will be tripping over themselves to get into this next gen platform.

Appreciate you fresh opinion and blunt point of view. i take as an enlightening slap in the face :) sometimes we take this amazing platform for granted and really need to band together to spread the word and get people to try it out for them selves.

92
General Discussion / Re: The death of Bitshares
« on: October 10, 2016, 09:04:33 am »
I use my Bitshares wallet pretty much every day and think the platform is great. There are still some features i would like to see implemented but these are mostly cosmetic and non structural.

Your BTS chart reflect a little known social contract that has been embedded into Bitshares for the last 2 years. good news is it is only weeks away for being fully paid off.

I do believe that we need to do better in ensuring our governance mechanism is functioning properly but most of the momentum we had going was hammered down by the anti-dilution crowd. i am seeing a change in ownerships that actually allows us to have workers approved and hoping that given the economic changes that we will see throughout the next month that it will help the A.D crowd to see the brighter side of employing people (via worker proposals) to work on the chain. if you are not familiar with the changes that i am referring to (not sure that you are otherwise i think you would have a more positive tone) the vesting shares of AGS and PTS holders will be fully matured on the 5th of November!! the shares that this group had vested over a 2 year period equated to 20% of the total Bitshares ecosystem and majority were held by PTS mining pools.

This is awesome news as it effectively reduces selling pressure from 8.5% p/a to 1.5% p/a and even if we spent the maximum allowed from the reserve pool on employing people to work on Bitshares it would max out at 4.35% p/a that is still almost 1/2 of the previous pressure we have seen in the last two years and we would have active development on the chain. The simple fact of using this governance model to employee workers is a massive feature in itself; over the last few months i have seen Dash being praised over its unique governance model!!; it is not unique at all its just that we have not been using our correctly and as such are mission out on the glory.

As i said with the massive reduction / mega halving of BTS being released to the chain i hope that we as a community can see the benefit of accepting reasonable worker proposals for the double benefit of getting work done and letting one of our key strengths shine and hopefully while we are doing this we can watch the price of our shares increase and start tracking back towards real world value.

We have a great platform, it is fast, massively scaleable, built from a common platform that allows synergies between other projects, supports stable currencies that work, UIA for supporting business use cases, prediction markets and governance.

Bitshares is not dead, it will grow and if you understand the details you would see the forest for the trees. now is probably one of the best times ever to be able to own Bitshares.

Remember Remember the 5th of November

If you are in the mindset of not approving worker proposals as you want to see the price of your asset grow please consider the harm that action has caused already and given the changing ecosystem consider approving reasonable workers to show off and grow the network and your investment.

93
General Discussion / Re: Where is BitShares headed?
« on: September 26, 2016, 07:37:17 am »
Sidechains:
I think side chains are important and would be a huge move forward in relation to trust in the DEX; Smartcoins are great but making the user trust a 3rd parties to make good on the UIA that they are trading will always be a sore point for a 'trustless' decentralised exchange. UIA have their place but for trading other altcoins i think sidechained assets are important  and at the moment would give us a big jump on the market.

Login for webwallets:
Aitbitz has an interesting take on this; similar to what Jonny said; make it automagically secure and convenient for the user; give them a look and feel like a normal exchange; except having keys stored in the browser and automatically backed up to private servers and if required automatically recovered.

Example (Signup)
1. User signs up with username and password
2. The Username password combination is used to derive a symmetric encryption key (high number of rounds to slow down brute force attempts (make account creation take 10-30 secodns))
3. Users keys are backed up with encryption key
4. Encrypted backup is uploaded to the cloud using a hash of the encryption key as the identifier.

Example (Login)
1. User enters username and password
2. Openledger check for the presence of client side keys
3a.  If key are present; login and uses keys from cache
3b. If keys are missing, hash encryption key and downloaded backup files from server
3b-a. install keys to cache and login

I think security issues should be considered; but what we are looking to do is not much different from what Airbitz is doing; to their users they just need to remember a username and password and can get their wallet from any device.


94
Issue has been solved and funds have been credited to my account.  +5%

for anyone interested; as stated in the instruction use your email address in the memo... duh... i noticed what i thought was a payment id embedded in the 'deposit' link at the bottom of the page and opted for that instead of an email which is what caused my delay.

All good now, thanks for the quick response.

95
How long does it take for my FUNC tokens to hit the website?

i made a transfer on September 17, 2016 13:00 and still have not seen my balance increase

Please, specify which website you are talking about, where did you send you funcs and what is your account, better send this info on d@fun-casino.com

Thanks, i have sent through some information that will paint a better picture than my poor attempt above; sorry was in a rush; and given the deposit section said 1-3 banking days i thought it might still be processing

96
Random Discussion / Re: Compuceeds Buy Support is Coming
« on: September 21, 2016, 01:32:16 pm »
Nice; what currency do people who have qualified cash outs receive?

97
How long does it take for my FUNC tokens to hit the website?

i made a transfer on September 17, 2016 13:00 and still have not seen my balance increase

98
General Discussion / Re: Graphene GUI testing and feedback
« on: September 09, 2016, 11:46:28 am »
Sorry if this has been mentioned before; i did not trawl through the 34 pages prior to making this post. (i just noticed it was also mentioned by @hammurabi a few posts back)

I am always confused by the toggle buttons within the asset creation menus...  i always finding myself going back to the market fee toggle button or the smart coin toggle button to confirm which is on and off; i do this because these are the only button with visual feedback that i can tell when it is enabled/on and disabled/off.

Given they are simple binary option i think it would be better served with a checkbox or some other button type that is more recognisable which toggle is on and which toggle is off.

i think this simple change would help the intuitiveness of that interface.

99
General Discussion / Re: Compuceeds and Compumatrix
« on: September 09, 2016, 12:57:34 am »
How will compuceeds gain market support? from what i have seen this token is pegged to the EUR on the compumatrix website although without a value  proposition for market actors how will it achieve this price point.. will Compumatrix add buy support? obviously people buying VPC will want the fair exchange from their Fiat to Crypto; so i can only see a few solutions to that

Either:
Compumatrix adds buy support to impose the value it has suggested to its members
Compumatrix provides value in owning this token to motivate market participants to buy the undervalued tokens
VPC's are sold at current market rates which will allow new users to use fiat to purchase tokens that they can trade for the equivalent amount of crypto currency

I am very interested in the project but given all the forums are for members only you are my only source of information.. appreciate your comments

Thanks
GC

100
Hi All, sorry for the click bait; but wanted to get your attention.

If anyone has an LTB (LetsTalkBitcoin) account; i would appreciate an upvote on my comment and/or if you could add your own comment; relating to Bitshares worker proposals which Amanda sadly neglected mention after doing such a great job conveying the importance of governance models (in Dash); suggesting that Dash's worker proposal/ Budget items and voting mechanism is the first and only (loosely conveyed) self sustaining blockchain that can pay for its own development and project from the protocol level.

both Dash and Bitshares voting/worker systems were developed at the same time, weather Dash or Bitshares was first i do not care about, but i would like it known that we also have a system of governance that allows shareholders freedom to vote on a larger number of items.... try voting out a Dash masternode when they turn bad...

https://letstalkbitcoin.com/blog/post/the-crypto-show-with-amanda-b-johnson-on-dash-as-well-as-our-own-proposal-to-the-dash-network

Thanks for your support.
GC

101
Congrats Guys!! Awesome effort.

Link above get broken by the '@' and given the comment section (i don't know what it is called) it capitalises the 'C' which does not work with steem links; i use steem.link to shorten the original link

blockpay-pre-ico-ended-after-13-days-75-sold-and-more-than-1095-btc-raised -> http://steem.link/wxZPt

102
General Discussion / Re: CoinsBank as an off ramp for BitShares?
« on: September 05, 2016, 09:17:29 am »
How awesome would that be :)

Also Fiat Pegs backed by Bitshares...

Maybe we have to wait until the Coinsbank party to find out - https://coinsbank.com/party

 +5%

103
General Discussion / Re: The History of Bitshares - Beginnings to Today
« on: September 02, 2016, 11:56:56 am »
Installment 16 in the Origin of BitShares series is now posted:

Developer Freedom Trumps User Convenience?


cannot wait for chapter 17  ;D

104
General Discussion / Re: BTS Wallet?
« on: August 31, 2016, 02:35:11 pm »
Hi mate; great to hear you got it sorted out;

The lite wallets and the web wallets run the same code base so the interface will look exactly the same; i only prefer the lite client as i like the separation of my wallet and my web browser.

One downside i see to the web browser comparatively is that your keys are stored in encrypted from within your browser cache; it is ok from a security point of view (you should use a good password) but if you clear your browser cache you will also clear your keystore and then will need to restore from your backup file (.bin); this is fine and it is easy enough to do but it is for that reason i prefer the lite wallet as it means i am free to clear my browser cache without being concerned about restoring my keystore from backup.

In regards to your MAID i would suggest storing it on paper if you are looking to keep it offline for long term sake; this offers you more protection because it is physically stored offline; so it is safe from hackers getting on to your computer but not from thieves... but in the same light you computer is vulnerable to hackers and thieve so i would think paper is a better option.

In regards to SYS, OpenLedger only supports some coins similar to how not all coins on bittrex are supported on Polo; so if it is not on the list it is currently not supported and therefore not able to be transferred to the Bitshares network.

105
General Discussion / Re: BTS Wallet?
« on: August 31, 2016, 12:41:53 pm »
apologies you are correct; polo does actually refer to this as 'address': (this is where you should put you Bitshares account name)

Bitshares/OpenLedger/FreedomLedger are all exchanges that run on the Bitshares network. so when you registered your account at OpenLedger, OpenLedger actually registered you an account within the Bitshares network.

Have a look at this screenshot; i have gone to the 'ACCOUNT' tab and i have arrows that point out the account name; this is my test account : anntew1
https://s21.postimg.org/n0qj4o1vr/Bitshares_Openledger.png

Again as is said before once you have your account name give it a crack with a small amount of Bitshares first just to double check you have the hang of it; if you have any trouble i will check here again in 5 minutes

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