Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - BldSwtTrs

Pages: 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15
91
General Discussion / Re: When will BitsharesX be released?
« on: August 20, 2014, 06:54:04 pm »
The correct answer is "around August 20th", until someone trades otherwise.

https://www.fairlay.com/event/category/bitcoin/released-date/

Unless those who say otherwise have some other way of proving that they aren't lying. (I'm all ears).
It appears BitAssets will be launched the 22th of August.

I'm impressed.

 +5%  buy truthcoins
I would if I could.

By the way when should we expect something to be released?

92
General Discussion / Re: Who here wants to BUY BitUSD and at what price?
« on: August 20, 2014, 05:40:08 pm »
Sorry but I will never buy that shitty money. I have BTC and BTSX, why should I care?

93
General Discussion / Re: When will BitsharesX be released?
« on: August 20, 2014, 05:11:50 pm »
The correct answer is "around August 20th", until someone trades otherwise.

https://www.fairlay.com/event/category/bitcoin/released-date/

Unless those who say otherwise have some other way of proving that they aren't lying. (I'm all ears).
It appears BitAssets will be launched the 22th of August.

I'm impressed.

94
General Discussion / Re: Negative Post about Bitshares
« on: August 19, 2014, 07:42:01 pm »
I am really looking forward to see BitAssets running. If it works it will be huge, maybe the most important invention for human kind since Bitcoin. But honestly I am skeptical.

95
General Discussion / Re: General Name for BitSharesX
« on: August 19, 2014, 07:34:04 pm »
Why not Digital Market? It makes everything digital.

96
What would prevent a government to pay delegates to retrieve funds identified as tax evaders' possession?

Their is always the option to hard-fork if delegates are corrupted in such a manner.  Delegates can be voted out as well.  Also, the amount in question must be above a certain threshold before it can even be considered.  Ie: a government couldn't bribe delegates to go after the little guys.
Right now we are between people who understands that government are evil, but that's situation is temporary.

Let's suppose Bitshare is mass adopted, a delegate who comply with a western government query will not be perceived by the majority as corrupt, not more than a corporation is perceived as corrupt when it abides by the law of its country.

Historically people are voting to make taxes higher, there is no reason to assume that in a world where BitshareX is mass adopted their opinion regarding taxation will change.

If you implement this kind of tool within the system, people and government will use it.

PS: the treshold is not a security either, let's say it is 10%, if I am a politician who want to redistribute wealth, I can propose to take 10% of the XTS from the richer to give to the poorer.
 

97
What would prevent a government to pay delegates to retrieve funds identified as tax evaders' possession?

98
General Discussion / How to make a backup of the BTS?
« on: August 11, 2014, 08:10:24 pm »
I have just installed the GUI wallet and imported my BTS, and now I am wondering how should I make a backup.
Is the password a deterministic seed and thank to it I can have access to my BTS on any computer or should I still make some sort of wallet.dat file?

99
General Discussion / Re: Charles Hoskinson Left Ethereum?
« on: August 08, 2014, 11:42:30 am »
Now let's examine PoS in general. If one admits a solely store of value system, then PoS is economically aligned with the best interests of the entire network. The majority should be reasonably expected to use PoS to attempt to increase the value of their personal holdings. Also implementations of PoS are considerably simpler than PoW. As I said above, DPOS also adds network health to the list of considerations via the judgement of the voters.

Here's my primary problem. PoS is fundamentally controlled by people who own the tokens of the system. If one has developed a non-monetary system such as distributive computation, storage, or hosting services for example, then the vast majority of users likely will not hold a substantial stake in the system's tokens rather a small oligarchy of speculators, early adopters and perhaps infrastructure providers would. Thus you have a system where the people who use the network must accept the demands of a small group  as we currently do with the centralized web.

There are probably some soft corrections that could be implemented; however, from a philosophical viewpoint, it's not necessarily the best idea to endow the holders of a token to be the voting class of a network. For cryptoequities, matters of corporate governance, DACs in general, this structure makes perfect sense. In systems where the vast majority of users control only an aggregate small amount of tokens, then it doesn't seem to align interests properly. I hope that explains my viewpoint.
Well, free market is what aligns interests properly.

Assuming no barrier to entry, it's holders' interest to comply with users' desires. Otherwise users wil use another network and holders will lose money.

100
General Discussion / Re: Kevin Harrington and St. Martin
« on: August 07, 2014, 05:25:44 pm »
Kevin Harrington talking about Bitcoin but not about Bitshares:
https://www.youtube.com/watch?v=keTREVYlKNY&list=PL1zCD-urlm3iuJlUhq7Nwl5KuVXVShHKO

101
General Discussion / Why don't create just an altcoin?
« on: August 06, 2014, 06:13:19 pm »
If one of Bitcoin weakness is scalability and if DPOS solves that issue, why don't release a DPOS coin that has the sole purpose to be a BTC competitor? That say, a coin which is useless besides that you can send and receive it.

I know you will tell me that it's logically better to add more features, but maybe less is more in this case. Maybe people will use DACs but not use them as money because they don't like the uncertainty linked to the viability of the business model of each DAC.

Or maybe people won't use DACs because of wathever flaw generated by the layer of complexity that DAC's additional features are bringing, but they would use a DPOS coin because it's scale better.

102
KeyID / Re: Why inflation?
« on: August 04, 2014, 01:31:20 pm »
So shareholders will vote for delegates who will decide on how to spend the money?

Lol, I see where it's heading.

103
General Discussion / Re: Keyhotee Founders Claim your BTSX
« on: August 04, 2014, 11:23:22 am »
Is there a deadline for this?
I have not and will not have access to the relevant information for a few weeks.

104
Sorry for my ignorance but what cross chain trading is concretely?

Cross chain trading is to be able to trade say BTC <-> BTSX in a trustless manner without using a third party (such as BTER, btc38, escrow, etc.)
So if my understanding is correct "cross chain trading" is a decentralize exchange between different blockchains, while what people called right know "decentralize exchanges" are only decentralize exchanges within a sole blockchain, am I right?

105
Sorry for my ignorance but what cross chain trading is concretely?

Pages: 1 2 3 4 5 6 [7] 8 9 10 11 12 13 14 15