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Messages - BldSwtTrs

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136
General Discussion / Re: Wisdom is spreading
« on: April 29, 2014, 05:02:50 pm »
God this is depressing...

People rationalize all kind of broken theories to justify PoW.

137
Keyhotee / Re: Keyhotee Status Update
« on: April 28, 2014, 09:18:35 pm »
After registering your identity go to contacts and double click in your founder id. It'll be there with a gold background.
Well then it doesn't work.

In contacts I only have one another ID ("Vito" instead of "vito" without majuscule) where it's indicate Invalid ID/Founder key. But not the one I just created ("vito" without majuscule). And no gold background.

And when I go back to "new identity" to try to re-register ("vito" without majuscule) I have a message write in red "Register with 127.8 points". But still when I go to "contacts" I have the wrong ID, Invalid ID/Founder Key and no gold background.
I noticed that in the database there is an _VITO as well as VITO, and I have a suspicion this could be the problem. I'll dig into this more tomorrow.
Any news on this?
After some research, tt looks like there's no conflict in the system between these two names. Also, both seem to be registered as founders now.
Currently I see VITO registered with a public key of 8BmwDM... and _VIT0 registered with 6Rf1a2...

You shouldn't see a gold background beside your contact, but you should see a points display in the info for the contact associated with your identity. Do you not see any points for VITO when you look at that contact record? Also, does your public key match the one above? Please note that it's important that the identity's case matches that which you used to originally register it (I can't tell what that is from the database, btw, it just shows them in all caps).
When I go to New identity and enter "vito" I have the public key 8BmwDMW6GKG6i5m8AH1uvXW53kUYWWY2iQSsVTWdn1y58Uwkcg.

But when I go to Contacts "in public key" I have another string of numbers, I have no idea why. Therefore I have the message Invalid ID/Founder Key and I don't see points. The problem is that I cannot eraze that wrong public key to add the right one, the box is grey.

And when I try to create a new contact, I can add the public key "8BmwDMW6GKG6i5m8AH1uvXW53kUYWWY2iQSsVTWdn1y58Uwkcg", but I cannot write into the Keyhotee ID, this time it's the Keyhotee ID which is grey.


EDIT: OK IT'S FINE NOW
I have deleted my contact record and then registered. Now the public key 8BmwDMW6GKG6i5m8AH1uvXW53kUYWWY2iQSsVTWdn1y58Uwkcg is correct and I see my points. Thanks :)


138
Keyhotee / Re: Keyhotee Status Update
« on: April 28, 2014, 07:48:05 pm »
After registering your identity go to contacts and double click in your founder id. It'll be there with a gold background.
Well then it doesn't work.

In contacts I only have one another ID ("Vito" instead of "vito" without majuscule) where it's indicate Invalid ID/Founder key. But not the one I just created ("vito" without majuscule). And no gold background.

And when I go back to "new identity" to try to re-register ("vito" without majuscule) I have a message write in red "Register with 127.8 points". But still when I go to "contacts" I have the wrong ID, Invalid ID/Founder Key and no gold background.
I noticed that in the database there is an _VITO as well as VITO, and I have a suspicion this could be the problem. I'll dig into this more tomorrow.
Any news on this?

139
Keyhotee / Re: Keyhotee Status Update
« on: April 27, 2014, 01:25:09 pm »
After registering your identity go to contacts and double click in your founder id. It'll be there with a gold background.
Well then it doesn't work.

In contacts I only have one another ID ("Vito" instead of "vito" without majuscule) where it's indicate Invalid ID/Founder key. But not the one I just created ("vito" without majuscule). And no gold background.

And when I go back to "new identity" to try to re-register ("vito" without majuscule) I have a message write in red "Register with 127.8 points". But still when I go to "contacts" I have the wrong ID, Invalid ID/Founder Key and no gold background.
I noticed that in the database there is an _VITO as well as VITO, and I have a suspicion this could be the problem. I'll dig into this more tomorrow.

Also, give the problems that have come up since the "register by the 1st" deadline was posted, I think it's reasonable to assume that the deadline to get your founder ID is going to be pushed out some, so I don't want anyone to panic about it. I'll confirm that with Bytemaster and Stan tomorrow morning.
Ok thanks.

140
Keyhotee / Re: Keyhotee Status Update
« on: April 27, 2014, 12:51:32 am »
After registering your identity go to contacts and double click in your founder id. It'll be there with a gold background.
Well then it doesn't work.

In contacts I only have one another ID ("Vito" instead of "vito" without majuscule) where it's indicate Invalid ID/Founder key. But not the one I just created ("vito" without majuscule). And no gold background.

And when I go back to "new identity" to try to re-register ("vito" without majuscule) I have a message write in red "Register with 127.8 points". But still when I go to "contacts" I have the wrong ID, Invalid ID/Founder Key and no gold background.

141
Keyhotee / Re: Keyhotee Status Update
« on: April 27, 2014, 12:13:04 am »
You'll see a point value associated with your ID.
Where?

142
Keyhotee / Re: Keyhotee Status Update
« on: April 26, 2014, 11:42:20 pm »
How do we check that the registration with 0.7 is OK?

My ID is "vito" and my public key 8BmwDMW6GKG6i5m8AH1uvXW53kUYWWY2iQSsVTWdn1y58Uwkcg

143
General Discussion / Re: New Economic Paradigm, Collaborative Commons
« on: April 25, 2014, 02:35:12 am »
is it not possible for capitalism to evolve into socialism? if the greatest means of production were information and all information were made free and public, is this a socialist or capitalist society? the reason for property rights stems from the tragedy of the commons. but with information, a non-scarce resource, you have what is known as a comedy of the commons where by information becomes more valuable as more ppl use it.
Information and knowledge will always be costly to acquire. Also the affirmation that an information is more valuable when more people know it is highly counterintuitive and debatable.

Blockchain technologies allow a decentralize control of ownership, they are the empowerment of the individual ownership. I don't see how we can interpret that as the premise of socialism.
Capitalism will end the day where human nature will change, a transhuman shift can end capitalism, nothing less. But even when transhuman technologies will be avalaible I don't think people will choose to abandon the primacy of their individuality.

144
General Discussion / Wisdom is spreading
« on: April 24, 2014, 05:37:23 pm »
Worth noticing some people are starting to realize what Bytemaster was the first to say  :)

https://bitcointalk.org/index.php?topic=581635.0

145
General Discussion / Re: New Economic Paradigm, Collaborative Commons
« on: April 24, 2014, 03:22:40 pm »
I think to say that capitalism exist since the 19th is completely clueless. The term capitalist was coined by Marx in the 19th and the idea of a transition from feudalism to capitalism with the Industrial Revolution is also a Marx one. Repeating Marx's storytelling and categories is a serious handicap to say something intelligent about economic reality.

What people call capitalism since Marx is actually the private ownership of wealth (included the means of production), that reality exist since the dawn of Humanity and is not about to change.


Edit: After having watch the video, I read the article now. I found it very bad.
Pervasive marxism :
- "the failling rate of profit"
- "value creators are spoil of their value with capitalism, that can't last!"

And poor understanding of existing economics concepts:
"no more division of labor but distribution of tasks", oh yeah completely different!
" bla bla mutual coordination...  bla bla social collaboration", too bad the author don't hear about free market!

Always funny to see how people make appear revolutionnary and progressive the same old song.

146
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: April 23, 2014, 08:15:34 pm »
To improve upon their system I would:
1) eliminate inflation all together and power the network by better unit of account
2) move the responsibility for load balancing and replication to local nodes
3) charge users any time they consume more than they produce
You said MaidSafe will consulting with you, is it still relevant?

147
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: April 23, 2014, 03:58:26 pm »
That's what I imagined but the thing is that they have no description anywhere explaining how safecoin is to be spent to get services from the network
Yep.
I looked at their google group to understand why their coin should have value and when someone bring the economics flaw of their model, the only answer was that economics law are not truth, that they are here to create new paradigm with new ideas, that economics fuck up the planet and some other random nonsense: https://groups.google.com/forum/#!topic/maidsafe-development/vkr5mty4k4s

That's pretty scary.

148
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: April 22, 2014, 12:27:44 pm »
MaidSafe guys indeed suck at economics.

They hide the MSC address because they received 4/5 of the founds in MSC whereas they expected MSC funding to be marginal.

They are learning Gresham Law the hard way.

*DON'T FIXE PRICES*

149
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: April 21, 2014, 01:45:37 pm »
I have asked the following question at https://groups.google.com/forum/#!topic/maidsafe-development/1jrH-Qqqb2w :

    In the whitepaper it's unclear how the difficulty of generating safecoins will increase over time.

    There is no mechanism provided. And if they aren't any basically the cost of generating safecoin will decrease with Moore law (so will do the price...).

And this is David Irvine's answer:

It's controlled by the mining algorithm that's exponential. There is also a space that the hash of a mining attempt must fit into, this is 2^32 and gets exponentially (^2) more difficult with each mining success.

Many factors will influence this, number of users, Builders, Farmers etc. It is not time based and all calculations are mute wrt time. The premise is that as more use of the network happens, it must be valued. As this is the case Farmers are incentivised to Farm and builders build. This value should increase the value of safecoin and related uses of it (perhaps even buying resources as we go along).

150
General Discussion / Re: MaidSafe IPO on Mastercoin
« on: April 21, 2014, 12:50:57 pm »
lastly, i just read the maidsafe whitepaper. they essentially have mining without a difficulty adjustment or reduction of mining reward so the issuence of new safecoins is determined by moores law. this is an entirely inflationary system that serves to dilute continually dilute the value of previously issued safecoin:



unfortunately maidsafe is trying to assert that the price of safecoin is negatively correlated to the cost of resources


maybe i missed something, but that doesnt make sense.

i think that maidsafe has a great product and it will certainly change the world, but as far as being a good investment strategy i dont really think it is one.
Is there no cap of safecoins issued?

In the whitepaper they say that a cap of 4 billions safecoin will exist.

They also write:
The mining speed per vault is projected as
Time    Number of coins
first day              800
first week     1800
first month     4000
first year           19000


So it looks like the difficulty will increase over time. Am I missing something?

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