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Messages - santaclause102

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196
General Discussion / Re: Bitshares needs some type of trademark slogan
« on: September 23, 2015, 07:55:06 am »
Google has "don't be evil", which we all know is some Orwellian bs, but that's another story.

I went back to Rome for inspiration in finding one for Bitshares.  There was a saying that if you went against Rome, "it would put it's boot on your neck".  Since "kill you and take your money" is probably not a good idea for a slogan, I sought to emphasize one of the currently more underestimated features.  User issued assets will be much bigger than people expect.  For example, Individuals in stocks, such as Jim Cramer or Brian Kelly, probably do things like issue frontrunning newsletters.  They could issue a finite number of tokens via user issued assets and commoditize their newsletter to the highest bidder.  Even things like the Bilderberg group, instead of manually selecting people to join their kleptocracy, can issue tokens for the highest bidder to have a rolling, fully autonomos, aristocratic kleptocracy.  User issued assets can be used for almost anything, club membership being one of many.

Based on this, the best thing I could come up with for Bitshares is, "Bitshares:  Commoditize Everything".  If you just see the words "Bitshares" now, nobody knows what that means.  Nobody knows if it's a cryptocurrency product or some kind of Irish slang for "a bit of sharing".  Maybe a potato company that shares potatoes with you?  If you saw the words "Bitshares:  Commoditize Everything" on a card or T-shirt, you would immediately know it's a financial product.  It sounds like something you just want to toss money at with a shovel.
I like the commodizie everything slogan. The good about it is that you first have to think why Bitshares comoditizes everything.

Other suggestions
Bitshares: The transaction processing platform
Bitshares: comoditizing finance

Inspiration for creating mantras: https://www.youtube.com/watch?v=2A2-7_nujtA

197
General Discussion / Re: Native vs. virtualized smart contracts
« on: September 22, 2015, 09:53:21 am »
Doesn't this contradict what you said here https://www.reddit.com/r/ethereum/comments/3jvo9k/bitshares_says_it_will_be_able_to_complete_100000/

I don't see the contradiction, I think I said almost the same thing in both

Quote
Ethereum cannot go this fast, but bitshares cannot change its behavior as easily.
What is meant by "fast"?

Quote
So if the disruptor is open-source, if it becomes an important crypto-component down the line, could an Ethereum dApp mimic this behavior, or no? [...] No, because it would be running inside the ethereum VM instead of on bare metal.

198
Why would a super delegate vote for someone that acts not like itself?

Anonymous voting would likely be required so that junior delegates aren't forced to conform to the senior delegate.  In that instance, as I explained, worst case scenario you have the exact same political system as before, just with more redundancy, but more likely, you would also see an increase in distribution of power as well.  Another benefit, speaking about humans from a sociology standpoint, you don't want a king because the king could be a psychopath, so the more people you have sharing power, the more you hedge against irrational or destructive behavior in general.
You didn't factor this in:
Quote
Also there is not much of a continuum for a witness (new block producing role in bitshares 2.0) to act like. A witness can either be honest or not (aside from performance (uptime etc.))

199
Why would a super delegate vote for someone that acts not like itself?
Also there is not much of a continuum for a witness (new block producing role in bitshares 2.0) to act like. A witness can either be honest or not (aside from performance (uptime etc.)).
If a super delegate picked a junior delegate that showed non honest behavior (= diverging from the super delgegate's behavior  / intent) then that is obviously not a a desired outcome. What is left is that such a second order delegation introduces more indirectness of control.

You may be interested in "proxy voting" aka RDPOS, a related idea.

200
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

It doesnt?  If the platform uses the UIA, then the ledger they are using would be bitshares (aka graphene).  If they are just doing a UIA to act as a stock type of token, I'd imagine it might be a different story.  But let's not assume the former is not possible as well ;)

It will be a stock type token, that is bought back from holders.

the 2 Partners are myself, Mark Lyford (BANX), and Jan Thoelke (Former Race Car Driver)

So are there plans though to put the actual buying of a lotto ticket on the blockchain so that way shareholders can see how many were bought and the payouts etc?

Yes that is exactly the plan
I think the question we are all aksing ourselves here is how you will achieve that, which blockchain will you use and if you use an own / new chain will you use graphene?

201
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

Being that it is a UIA on bitshares, I'm assuming g it is using bitshares :)
I was referring to the technology they use to reaize their trustless online gambling service that has nothing to do on which platform you issue your IOU/donation token on...

202
Are they going to use graphene tech? Any link to PlayDAC?
Does it use graphene? If it does and there is no share drop it effectively competes with PLAY who did a sharedrop. Why would we support it then...

203
General Discussion / Re: Bitshares price discussion
« on: September 15, 2015, 11:40:10 am »
I think someone sold some XRP and bought some BTS. Checkout out stats on coinmarketcap. BTC38 is the biggest non internatl Ripple Exchange atm.

204
Have you developed a split forum personality, xeroc? :)

except that there are now 3!!!! prices per bitasset.

Unfortunatelly, I have no clue why you say there are three prices in price_feed ..  I only see settlement_price, and core_exchange_rate. The other two are 'constants'

lol one forum account isn't enough let's get another one that talks to me :)

205
Technical Support / Re: BTS 2.0 immegration - only BTS on the Blockchain?
« on: September 15, 2015, 08:40:55 am »
so Poloniex will upgrade too and i will be able to send the bts on Poloniex to my wallet again. They will have the same value as the ones on the blockchain?

thanks for your help Xeroc
Depends completely on poloniex...You shouldnt realy on it...If i had to make a guess though I guess it would be 99% likely that an exchange like poloniex honors the upgrade.. to me that would still be too risky...

206
General Discussion / Re: Native vs. virtualized smart contracts
« on: September 13, 2015, 10:33:50 am »
Quote
because ethereum made some design decisions which are good for thin clients [...] In graphene you see some places where the opposite decision is made.
Isn't Graphene entirely built for thin clients?

 
Quote
while throughput and cost favor native contracts only by as much as compiled code is slightly faster than advanced VM tech like java
That sounds like a contract that is written with a scripting language on Bitshares (in case Bitshares had one and could interpret it), which is what I meant by virtualized (is there a more suitable term?), would consume maybe 10% (ballpark figure) more ressources resulting in 10% more cost and 10% less throughput. Doesn't this contradict what you said here https://www.reddit.com/r/ethereum/comments/3jvo9k/bitshares_says_it_will_be_able_to_complete_100000/
If that is the case why then BM's decision to go native? There must be other aspects to it?

And does "virtualized" have other benefits than the externalization of feature/application development and the competition of apps and maybe more flexilibity / individuality with respect to what a contract can do?

207
General Discussion / Re: Native vs. virtualized smart contracts
« on: September 12, 2015, 05:39:27 pm »
If you realize that one is a general purpose computer and the other ASIC you will have all your answers.

In particular that the questions -
Which one consumes more electricity (tr fees)?
Which one is faster (blocktime, tx/sec)?

are somewhat not full. They must be something like:
Which one consumes more electricity (tr fees) per this particular 1Mil instructions?
Which one is faster for this particular kind of transactions?

Hope this helps.
That is an explanation by analogy. I am looking for an explanation by (first) principles.

208
General Discussion / Native vs. virtualized smart contracts
« on: September 12, 2015, 05:16:59 pm »
First of all correct me if I am wrong with my termninoloy "virtualized"...

I am asking myself what paramters are affected if you have virtualized vs. native smart smart contracts.

The three parameters I am looking at are: Blocktime, tx/sec (throuput), cost (in terms of tx fees paid in practice).

It would also be interesting to know why each of these paramters is diffent for the two types of systems.

209
General Discussion / Re: how MineBitShares works? worth 7 100% delegate???
« on: September 12, 2015, 08:10:52 am »
Whatever % of this or that he gives now will be different after 2.0 comes out because we don't know exactly how 2.0 will change the metrics, so he can't give an exact number until 2.0 comes out. How hard is that to understand??? Anything given now is an estimate based on how 1.0 would perform with new features.
How would 2.0 chance that?

210
General Discussion / Re: BitShares French ConneXion 2.0
« on: September 11, 2015, 11:56:27 pm »
That is pretty impressive! You have translated the complete bitshares/technology section  :o

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