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Topics - Sage

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31
Forgive me if this is answered elsewhere, but just want to confirm...

Is the launch time Jan 1st GMT 0:00?

Or is it a GMT offset?  If so what?

32
Keyhotee / How To Get The Keyhotee Alpha/Beta Client?
« on: December 31, 2013, 05:36:19 am »
Anyone know where/how to get it?

33
Still wrapping my head around this.  One aspect I don't understand is how to turn BitGold into physical gold...

Say I have 1oz gold.  I want to turn it into BitGold.

I sell my 1oz gold for the equivalent value of Bitshares.  Someone gets my gold.  I get the Bitshares.  Bitshares then collateralize my BitGold.  So now someone shorting BitGold has my Bitshares.  I now have their BitGold.

So far so good?

So the Bitgold supply should equal the gold sold into the system.  How is this BitGold created from a short side of my long BitGold buy?

I hold that BitGold, and get dividends.  Dividends come from processing fees, mining inflation, and forced margin call fees... and/or inactivity fees.

How are those dividends divided up among assets?  I imagine they are all calculated based on the Bitshares value collateralize the BitGold?

Now I want my physical gold.

I sell my BitGold and get Bitshares.  I then have to sell those Bitshares to a physical gold dealer to get my Gold?

Am I missing anything?

P.S. This is just way too cool if it all works.



34
General Discussion / Exchange Latency?
« on: December 27, 2013, 04:05:45 pm »
Oh the possibilities of this decentralized exchange gives me goose bumps.

One problem I see though is latency.

If it's proof of work to validate the blockchain, that's going to a unavoidable significant latency?

Or am I wrong?

What kind of latencies can we expect?

And/or why could we not use a consensus algorithm instead, akin to what Ripple uses.... thus giving us 5-7 second latency?


35
General Discussion / ProtoShares Exchanges?
« on: December 26, 2013, 09:42:25 am »
Anyone have a complete list of exchanges?  And/or charts?

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