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Messages - santaclause102

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241
General Discussion / Re: Youtube Video about Bitshares Coin Trading
« on: September 01, 2015, 07:32:06 am »
Welcome to our forum!

Really nice video! We are good over here are theory and programming. We profit a lot from people like you to interface with non insiders :)

Here are some good information sources on Bitshares:
beyondbitcoinshow.com
bytemaster.github.io
bitshares.org/technology/
https://www.youtube.com/channel/UChtICzF0ZEhhgoMA8YWhULw/videos
https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-223-some-other-castle
https://www.youtube.com/watch?v=fU1YTUvUoLM


242
General Discussion / Re: Filling up votes with proxy voting?
« on: August 31, 2015, 01:10:57 pm »
You can vote for 1000 votable items, but even this is a soft limit, the delegates can raise it at any time.

If you want to set your votes in some more flexible way, then write a script that will manually watch several proxies and update your votes to reflect the result of the merging.
Wouldn't it make sense to integrate this in the normal shreholder voting process in the wallet?
Scheme: I vote for a few I know and like and select one or two proxies that fill up the rest... This way you can combine
1) personal (emotional) involvement in the voting process (which also has the side effect that users will update and watch their proxies more closely)
2) and the overall voting participation rate is still increased.

Otherwise users have to choose between the two.

All things are possible, if this was a wallet-side feature  it would merely help users vote, but as far as the network was concerned there would be no proxy.
I didn't understand these two arguments  :-[

243
General Discussion / Re: Filling up votes with proxy voting?
« on: August 31, 2015, 12:29:30 pm »
You can vote for 1000 votable items, but even this is a soft limit, the delegates can raise it at any time.

If you want to set your votes in some more flexible way, then write a script that will manually watch several proxies and update your votes to reflect the result of the merging.
Wouldn't it make sense to integrate this in the normal shreholder voting process in the wallet?
Scheme: I vote for a few I know and like and select one or two proxies that fill up the rest... This way you can combine
1) personal (emotional) involvement in the voting process (which also has the side effect that users will update and watch their proxies more closely)
2) and the overall voting participation rate is still increased.

Otherwise users have to choose between the two.

244
General Discussion / Filling up votes with proxy voting?
« on: August 31, 2015, 09:59:12 am »
On Mumble session 8/28 BM said that you can either vote yourself or direct your voting power entirely to someone else.

What about voting for as many delegates as you feel like and have the slate of proxy-1 fill up the rest of the votes and proxy-2 again fill up the rest in case your votes and the votes of proxy-1 are not enough (101 votes) and so on?

Related question: Are there still 101 votes in 2.0. I heard that the number of witnesses would be flexible in 2.0...

 

245
I can't get the mumble client to run so I will have to rely on this thread to get my question in there...

Regarding what has been brought up initially by bitcoinfan here https://bitsharestalk.org/index.php/topic,16318.msg227162.html#msg227162

Question: Do you see a way to combine the bitshare's scalable and efficient curated apps model with rewarding developers for how much the apps they develop are used (ethereum model)?

Context:
BitShare's model is to develop the apps in house and reward those that market them and find specific markets to market them to.
Ethereum's model is to let external devs develop the apps who can charge per volume or for access to the app (that at least is how I understand it atm:  https://www.reddit.com/r/ethereum/comments/3il72a/revenues_for_dapp_developers/).  Marketing is  done also by the respective dev (or a referral program if he codes that into his app  additionally.
The questions I put in here rarely get asked on mumble. Makes me feel a bit disappointed   :(

246
General Discussion / Re: Curiosume money theory
« on: August 30, 2015, 03:29:35 pm »
All money is backed by the productivity of those who choose to use it; that's just how network effect works.  The more people there are who consider the currency valuable and who are willing and able to provide a variety of goods and services in exchange for it, the greater the utility of that currency.

I could be misunderstanding, but my initial impression was that Curiosume is an attempt to create a currency based on these principles without recognizing that this is already a big part of how every other currency works.
Here is how I see it: There can be two systems to solve the problem of agreeing on a way to measure value and use that measure then as a common medium of exchange :
1) A positive money system which has a finite amount of money (central bank issued money). Today's credit money system is limited by this finite money reserve  and ultimately "backed" by it.
2) A purely credit based system which has the challenge of agreeing on the fungibility of the credit scores. You would need some mechanism to agree on the fungibility of the different money / credit scores. Otherwise everybody could issue a productivity backed money  but the different "monies" that  are issued this way by various people would not be fungible and therefore couldn't function as a common medium of exchange.

247
Technical Support / Re: Danger! Pulling the Plug on BitShares?
« on: August 30, 2015, 10:32:43 am »
So my bitshares will also remain on the old system? Sorry I'm new to this, but that's not the impression I got.

This is a fork like any other. Every fork is a new chain. For a fork to be successful a consensus among block producers to upgrade their clients to use the new chain must be reached.

In the case of DPOS that decision is in the hands of the delegates. There are 101 delegate positions that are voted on by the share holders. For the BitShares 2.0 blockchain to become The Blockchain a majority of the delegates will need to upgrade their client software to use the new chain.

Most delegates have voiced their decision to upgrade already giving the share holders plenty of time to fire those delegates and elect new ones that will not upgrade. Since this hasn't happened the community can reasonably assume that the majority of BTS share holders support the migration to the new chain.

The old chain can live on under two conditions: 1) You keep running the 0.9.x client and 2) at least one delegate decides to continue to sign blocks on the old chain. While this is technically possible in reality the community, and the economy at large, will not recognize the old chain so the effort would be for not.
This was the perfectly worded comprehensive answer you were looking for :)

248
Technical Support / Re: Danger! Pulling the Plug on BitShares?
« on: August 30, 2015, 10:13:42 am »
So my bitshares will also remain on the old system? Sorry I'm new to this, but that's not the impression I got.
Yes but the then old (now existing) bitshares blockchain may "die" meaning that there is no one to produce new blocks. So your bitshares on that chain would be totally useless.

249
Technical Support / Re: Danger! Pulling the Plug on BitShares?
« on: August 30, 2015, 10:05:55 am »
The old bitshares chain can just live on if it has enough support from delegates and users! Bitshares 2.0 is just a new chain that honors the old bitshares 1.0 shareholders 1:1. Everyone is free to choose whichever chain he likes.

250
Random Discussion / Re: Using blockchains to address inequality
« on: August 30, 2015, 09:50:42 am »
What would prevent this from working?

A large source of funds would need to be acquired somehow. Enough to start a few new companies, and run a tremendous, professionally funded advertising campaign through any media that would have it. I don't know how much it would take. A few billion? Less if we're more patient starting smaller and building into larger corporations? Perhaps Bill Gates or some benevolent billionaire would step up, or perhaps it could be crowdfunded over time and built one small business at a time. I don't know how it would pan out, but for the sake of discussion assume the revenue is there to do what I'm proposing.

Corporations have grown too powerful and have fueled a wealth divide? Use blockchains to beat them at their own game.

BitShares is a competitor to banks.
Build a competitor to Wal-Mart to supplement it.

But have it's leadership reach consensus, and store all funds on a publicly visible blockchain. Perhaps using UIAs and voting to direct the company and determine gets to vote in the decision making through issuance of shares through a crypto. Build some stores. Hire some people. Perhaps encourage bitUSD to be used in them, maybe that can wait for later.

Use all of their dirty tricks, pay people as little as possible, have an army of attorneys, hoard profits in offshore tax havens.

Make it a profitable competitor, so that you can fight fire with fire.

But wait. That's not so easy right? Wal-Mart is a goliath. A lumbering, fire breathing, tyranosarus rex of an entity. How on earth are you just going to throw together an advertising campaign and compete?

By getting the public's attention. Have the content of the advertising campaign tap into the discontent. Portray is as an outside attempt to combat inequality from the inside without stifling innovation. Leverage propoganda by telling the majority what they want to hear, and gaining their support, and their dollars. Perhaps buy a superbowl ad pointing out some ways that wealthy influences have subverted democracy, and appealing to people to visit the campaign website and give the idea a shot. Make it well known. Throw money at it!

The plan would be to convert all profits to bitUSD or whichever crypto shareholders decide on, and every expenditure of the company would be publicly visible and determined by consensus. All revenue would be routed through the blockchain and controlled by voters who hold the new company's token. However, as a condition of funding the creation of the company in the first place, it would be hard coded into the blockchain that a certain amount of profit, if not all, after everybody is paid and the business is grown, gets diverted into a separate DAC. It would be a substantial amount. This new blockchain would be designed to support the creation of a UBI.

This is what would make the advertising campaign work. State unequivocally to the people that if they want to support the creation of a new era of socially responsible corporations, they should support the businesses that are created under the stipulation that this new, private, free market consensus would be honored. Call it the "Socially Responsible Corporation," model or something.

Other businesses could be set up promising to honor the social good by programming a donation to the UBI program into their blockchain. Even if the business must be centralized, blockchain technology offers a new way of reaching consensus over how those businesses can be run. Then it would be a matter of people voting on which kind of corporations they would want to support using their spending money, instead of a rigged ballot system. A solution that conservatives should like because it leverages free market economics, and liberals will like because it addresses social ills and attempts to institute progressive policies.

If people supported it, then alternatives to just about every industry could be created, eating up a tiny bit more of the GDP, and continuing to grow the UBI fund until it's enough to fund its implementation for a year's trial. By which point, noticing that they've started receiving free money, people would support socially responsible corporations en masse, and the system would become self sustaining. Create more and more businesses with a socially responsible model to compete with the legacy dinosaur companies until they either succumb, or convert and start donating whatever percentage of profits the new social consensus dictates, so that people will continue to support them. Then just expand until theirs a socially responsible alternative for anything you might want, likely produced right here at home. Perhaps even a decentralized alternative to the higher education system! Imagine, all those education profits being rerouted into the common good.

I'm not saying that the leaders of these companies wouldn't get paid well. They would certainly get paid fairly. It can't be too hard to find somebody who is capable and willing to run a corporation for a million bucks a year. People would still be allowed to start businesses and get rich through capitalistic pursuits. Perhaps there could be a cut off that social consensus would dictate be the most amount of profit a corporation could make before being expected to donate to the UBI dac, lest they risk boycott and public scorn. Perhaps the amount that the biggest corporations would be required to donate would vary yearly based on public feeds of the Ginni coefficient. So that during times with inequality is at its lowest, shareholders and CEOs, and hopefully everybody would be free to take more profits, but years where inequality is rising could be offset.

A balance could be struck. There'd be little opposing forces could do if word got out and the system became popular enough, they would have to adapt to compete. Fire with fire.

Participating businesses would be the centralized entity through which the UBI would be distributed, and it could gather people's information, and use it to verify identities so people don't take their UBI private key twice. Then payouts would be made to everybody at the appointed address on a monthly basis.

With the right tweaking, people would still make profit, inequality would still exist enough to promote innovation, but not so much that it turns people into perpetual wage-slaves.

By organizing a campaign to boycott selfish forces, and slowly reroute value into more charitable uses we could create a privately funded social safety net, and usher in a new era of prosperity and opportunity for all.

Do you think the masses could band together and force the kind of change necessary using economic rather than political means?
Treating employers badly etc to make the company profitable in order to be able to donate some of the profits?
We already have something like you describe: taxes.

251
Stakeholder Proposals / Re: [Delegate proposal] martin-38ptswarrior-raum
« on: August 30, 2015, 01:22:35 am »
Martin, I'm not sure this is what you want to hear... but relying on delegate pay is not going to help very much.  Considering you will only be making around $5 a day at current market cap with a 38% delegate, you would probably be much better off working at a regular job and buying BTS with your spare cash.  Maybe you can find a job and make $10 an hour... maybe more maybe less.  If you still feel compelled to spread the bitshares word, spend an extra 5 dollars a day on fliers and hand them out.

I know you probably don't want to work for "the man" but it's probably the most efficient thing to do right now.  Heck, you might even pick up a few tips and tricks on how to market more successfully and you may meet people you wouldn't have the chance to as a street performer.
+5%  I agree that that would be a healthy decision
Overall Bitshares is not something that is effectively marketed to the potential mainstream user by telling random people on the street about it, also given that the wallet atm is not really (mainstream) functional.
Maybe have a normal job and do the bitshares street marketing as a fun side thing. For that this is cool: https://www.youtube.com/watch?v=W3XxIZVEXaw

252
 +5%
Interesting would be to have you / tost discuss the maker design with the current bitshares native design for bitassets!

253
General Discussion / Curiosume money theory
« on: August 29, 2015, 06:57:33 pm »
I have watched this https://www.youtube.com/watch?t=2601&v=CMeQ_rNkGKU and the mumble hangout https://beyondbitcoin.org/bitshares-dev-hangout-bytemaster-consensus-august-7-2015/.

I have not understood the economical concept Dan Robles talks about where the goal is to give a virtual currency intrinsic value by backing it with the "productivity of engineers".

To me an asset can either have value because it is backed by a promise (everything a user issued asset (UIA) can represent: stocks, debt obligations etc.) or something has value because it is a resource which is demanded itself for whatever reason:, examples: Gold (demand drivers: industry use, speculation), Bitcoin (demanded because it has been identified as money for utility reasons (divisible, ease to transfer etc)).

When Dan R. talks about (like in the 7.8 hangout) about money being backed by productivity that in the end can be subsumed under the UIA > debt obligation case:
I go to some institution (bank) which  issues money that is used widely and the reason the institution (a bank) issues money and gives it to me based on the mutual agreement that I will pay it back is that I have convinced the bank that my future productivity will allow me to pay back the loan that I was just granted.

I may have made wrong assumptions above on dan r.'s concept of money so skip the below if you are just interested in the money theory of curiosume and think my assumptions are wrong.

The questions are:
How would it be different from today's system I described above?
If the proposed system is different from today's money issuing system in the way that everyone can issue money (not only those with a state issued banking license) and there is no state enforced minimum central bank money reserve rule for banks and also no central bank money to serve this purpose then the questions are:
How do you convert to one common currency?
And where does the currency get it's value from if the supply is not limited by the central bank via the limited (very relative these days :) ) supply of central bank money and the consequent limitations on the ability of banks to lend money into existence (minimum reserve rule)?

254
General Discussion / Curiosume profile matching
« on: August 29, 2015, 06:25:29 pm »
I understand the idea of curiosume (as far as I know there is not working application yet) to be a collaboration platform where people can state something about
1) being associated with certain topics (wikipedia entries)
2) and whether they want to teach others about a certain topic or collaborate with others or learn from others about it.

My concept about how this could be implemented using a blockchain:
A curiosume profile would be an advanced user issued asset which is defined by the two points above (1 and 2).
At the very end of this video https://www.youtube.com/watch?t=2601&v=CMeQ_rNkGKU Dan Robles also talks about how this could be used for matching job descriptions and contractors to take the job. He says: A curiosume profile (short: curiosume) could not only represent the skillset of a person but also a job description (e.g. c++, database systems, crypto currencies, team leadership, ability to learn, and whatever other skills are needed for the job). This list of attributes that all would have an entry in the wikipedia (public one or a private customized one) would all have been assigned an identifier and the set of these identifiers would make up the curiosume profile that represents a job description.

The functionality blockchain wise that would be necessary to make this work would be an automated matching or suggestion algorithm that matches job profiles and contractor profiles on the blockchain.

This is just wild thinking, public brainstorming and I even can't see atm what advantages it would have to realize it via a blockchain than with a centralized database. I also don't know whether the amount of information (all the identifiers) of the profiles wouldn't be too big for a user issued asset / transaction as they exists today in Bitshares.

255
General Discussion / Re: Digital hiring trap
« on: August 29, 2015, 04:19:26 pm »
There is a tricky combination we are faced with:

1) Most delegates that are hired by shareholdervote don't go through the same due diligence process a normal employee would have to go through: Real World ID known, professional history / proven track record checked etc.
2) There are social bonds on the forum and beyond despite most just have a digital / forum ID.

A problem occurs when obligations due to social bonds mix with close to non existing due diligence. 

Solution: Over time "the workers" that are hired will be out there with their real ID (and in 2.0 there will be no marketing workers anyway, thank god because it's hard to measure). But in the mean time I propose that a culture of asking tough questions helps. It can be perceived like a fun checking of each others concepts and finding the best truth together.

Why not integrate Curiosume?
I never saw a condensed explanation that says what it overs to users that isn't provided elsewhere. But I also didn't take the time o investigate it  in more depth.
Got the idea about Curiosume. Thanks for the hint.

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