I created a topic about the idea of Liquidity Event. Right now there is still ongoing discussion whether this is good idea or not, but I guess I am willing to spend some private money to promote this concept.

Deadline for preparing a poster is 14 Feb 2016. Everyone can prepare as many posters as he or she want.
Requirements: good quality, high resolution, modern look.

If you are not a graphic designer, but you like the idea, you can declare that you will also fund some prize for poster which you will like the most.

I am not an expert, but I guess a lot of people here are... so the question: Is it possible for bitshares to become a sidechain of bitcoin?

I watched a 28th Jan Daily Decrypt, where Andreas Antonopoulos said that sidechains can allow sending assets from one blockchain to another... like from BTC to ETH

https://youtu.be/kSq-58ElBzk?t=20m6s

More is said in the beginning of this episode, so for some of you I recommend to watch whole episode.

CC: @bytemaster

It would be great if bitcoin and bitshares could merge into some kind of one co-existing network, where bitcoin could benefit from already implemented great decentralized exchange.

*To any mods that would attempt to move this post, please refrain from doing so, as this is not a concrete proposal, but rather a prompt for discussion.

There are three inevitable things in life: death, taxes and bugs in software. The features are important, but they are worth nothing if they are buggy.

Most of good cryptoexchanges has some kind of Bug Bounty. Example: https://www.coinbase.com/whitehat

Rewards
The minimum payout is $100 USD and an entry in our hall of fame for reporting a new security vulnerability which results in a code or configuration change on our part. There is no maximum reward, and we may award higher amounts based on the severity or creativity of the vulnerability found. Researchers are more likely to earn a larger reward by demonstrating how a vulnerability can be exploited to maximum effect.

We use the following table as a guideline for determining reward amounts:

Vulnerability   Reward
Remote Code Execution   $10,000
Significant manipulation of account balance   $5,000
XSS/CSRF/Clickjacking affecting sensitive actions [1]   $5,000
Theft of privileged information [2]   $3,000
Partial authentication bypass   $1,000
Other XSS (excluding Self-XSS)   $1,000
Other vulnerability with clear potential for financial or data loss   $1,000
Other CSRF (excluding logout CSRF)   $250
Other best practice or defense in depth   $100

It is better to prevent bad fame and losing users in case when someone will decide to exploit some bugs.

I guess, we could also think about rewarding less serious bugs, which causing that webwallet becomes unresponsive, etc.




What do you think about that?

This was said many times on forum, that test network could help:

• present potential of bitshares
• test upcoming releases
• reduce cost of development of 3rd party gateways/bots/tools

It should be very simple to do that. Why we are not doing that?

Right now we have:

BTC, bitBTC, TRADE.BTC, OPEN.BTC... and every new gateway will produce new SOMETHING.BTC. From perspective of new user this is far too complicated.

But in my opinion this is not the worst part. The main problem with this approach will always be low liquidity. And this is not only my concern.
https://twitter.com/genxnotes/status/660845841565941760



In my opinion gateways should work more like (or exactly like) https://metaexchange.info/ or http://shapeshift.io/. As far as I know, metaexchange provide liquidity with their own funds, having in mind that they will generate profit thanks to spread.

From my perspective all gateways should be "end-to-end" (BTC<->bitBTC) and "single transfer" gateways. I should send my real BTC to address generated in my wallet , and this should cause that bitBTC will appear in my bitshares wallet. THIS IS THE ONLY WAY to have simple gateways. Otherwise they are yet another exchanges. And we have to remember, that if any exchange is based on User Issued Assets, they are always counterparty risk. This risk will be bigger if users will be tempted to keep their positions on SOMETHING.BTC:BTC orderbooks.

First of all, I am not in anyway related to livecoding.tv (I am not sure, why I want to emphasize that...). I am just a big fan of the idea, that other people can watch you as you write a code.

Livecoding.tv is not a BigBrother system. In my opinion it's a movement similar to "Let's Play" series very popular among gamers and youtubers. And you have to remember, that there are gamers which made a lot of profit thanks to their "let's play" activity.

I think a lot of developers are curious about how to develop anything in blockchain technology. That would be the great way of showing this and even teaching them, simply by showing the real live project. I think it also would be great way of:

* promote a bitshares among very technical people
* share a knowledge about bitshares development
* have a kind of free code audit during development
* I guess, this will be unique in the cryptocurrencies world.

Why I wrote, that this is a crazy idea? Mostly because I think that it would be too good to be true. Nevertheless, I sincerely believe that this is possible!

I know that this is not easy just show other people your screen. We are all humans, and we are always afraid that someone will told us, that we are doing something in wrong way. I had similar feeling when I decided to create few episodes of my own "Let's Code" series... and upload it on youtube.

I uploaded on youtube 4 movies, and I had almost 1000 viewers. And that was just an attempt. That was some small meaningless project comparing to bitshares.

I am sure that bitshares developers are professionals, which already did extraordinary things. Why not show to the world the true effort which stands behind code developed by them?

I am sure, that there is a strong demand for livestreams on livecoding, but I am also curious how much of you would be interested to take a look how bitshares magic become a reality on daily basis



PS.

In a moment when I am writing this post, there is a livestream with 1437 with viewers. Do you see the potential?

Simple question. Do you have any ideas?