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General Discussion / Re: Waves
« on: April 18, 2016, 07:43:54 pm »
Waves launches test net: http://themerkle.com/waves-testnet-client-now-available/
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This was a very exciting interview!
I've never done mining before. I think I could cobble together a GPU miner but it sounds like I could do CPU mining as well.
Could someone explain (like I'm 5) what steps I need to mine steem? Or point me in the right direction anyway....
it's a good start...
http://steemit.com/steemhelp/@pharesim/ubuntu-14-04-miner-setup
#!/bin/bash
apt-get update
apt-get upgrade -y
apt-get install -y git build-essential cmake libssl-dev autoconf autotools-dev doxygen libncurses5-dev libreadline-dev libtool screen libicu-dev libbz2-dev graphviz
cd /home/ubuntu
wget http://downloads.sourceforge.net/project/boost/boost/1.57.0/boost_1_57_0.tar.bz2
tar xjf ./boost_1_57_0.tar.bz2
cd boost_1_57_0
./bootstrap.sh --prefix=/opt/boost_1_57_0
./b2 -j36 > /dev/null
./b2 install > /dev/null
export BOOST_ROOT=/opt/boost_1_57_0
cd ..
git clone https://github.com/steemit/steem.git
cd steem
git submodule update --init --recursive
cmake .
make -j36
cd programs/steemd/
screen -S steem -dm ./steemd --mining-threads=36 --seed-node='52.38.66.234:2001' --seed-node='52.37.169.52:2001' --seed-node='52.26.78.244:2001' --rpc-endpoint \
--miner='["account1","5WIF1"]' --witness='"account1"' \
--miner='["account2","5WIF2"]' --witness='"account2"' \
--miner='["account3","5WIF3"]' --witness='"account3"' \
I presume these values need to be replaced with something else, is that right?
Code: [Select]
--miner='["account1","5WIF1"]' --witness='"account1"' \
--miner='["account2","5WIF2"]' --witness='"account2"' \
--miner='["account3","5WIF3"]' --witness='"account3"' \
How do you create the accounts? I assume the 5WIFn are the private keys for those accounts, correct?
With the lessons we've learned from Steem, we have the ability to create, let's call it Bitshares 3.0, if you will. Bitshares 3.0 would be different from the current iteration of bitshares in the following ways:
- it would not charge any transaction fees.
- it would have multiple assets like Steem backed dollars but paid to different .... gold, silver, euros, so on and so forth.
- it would create those assets only to pay people who do work.
In the work that the blockchain would pay for, would be:
- liquidity
- witnesses
So, with liquidity and witnesses paid for in these assets, and the blockchain then turn around and backing them, you would have an exchange with no fees, pegged assets where you could trade gold, silver, so on. I would then share drop such a chain on Bitshares with an allocation that is sufficient to cover the cost of development.
Why do you say sub 200 satoshis?
One of the exciting uses of WAVES lies in its adoption by the traditional finance sector where the financial institutions can support and issue WAVES tokens in place of legal tenders and financial instruments. These tokens, carrying the same value as the assigned fiat currency can then be used for making transactions, maintaining cash reserves and more. It will also enable KYC and AML enabled blockchain services depending upon the segment of the industry it is being used in.
The WAVES platform operates on a proof of stake protocol and shares many similarities with Ethereum and Ripple protocols. The system is expected to share few similarities with Ethereum’s Casper and Ripple-like gateways for transactions.
If it achieves mass adoption, then WAVES can be used to create multiple decentralized applications catering for multiple sectors, all operating over a single blockchain. It will also help the institutions maintain different degrees of transparency in their operations along with the inclusion of decentralized KYC/AML process integration.
It is a time of significant ICOs, with other recent offerings raising millions of dollars in funding. WAVES has similarly caught the interest of the cryptocurrency community and proven extremely popular – boding extremely well for the development and marketing of the platform in the coming weeks and months. With a focus on user adoption, crowdfunding and integration for fiat tokens, development on WAVESis continuing throughout the ICO and the first lite clients should be ready for use at the end of the fundraiser, or shortly after the process finishes.
Charles Hoskinson not happy with Waves team: https://bitcointalk.org/index.php?topic=1434851.0
Gotta love it!
So now Charles Hoskinson has been unhappy with the Bitshares, Ethereum, and Waves teams. Am I missing any? Probably.
The common factor in all your failed relationships is you.
I cover this in my upcoming ebook titled ...
How To Become Crypto-Wealthy 101
1. If Charles Hoskinson is making angry post towards the project, invest in the project.
2. Sell the bubble.
3. Rinse & Repeat as necessary.
Disclaimer : This was posted with much respect for Charles and his abilities, but I cannot deny the success of the system.
Yeah, that didn't work out, so I unloaded earlier today.
Now getting ready to reload between .018 - .016 ... anyone disagree?
Q: Crypto has really diversified in the last couple of years - there are protocols out there for just about everything. Anonymity, smart contracts, 2.0, storage, proof-of-audit, blockchain-as-a-service… What will WAVES’ unique selling point be?
A: We're focusing on mass adoption. It might seem to be a little pretentious, but our focus is exactly that - we're building the system with a very flat learning curve, with interfaces familiar from online banking and trading experiences, integrated fiat currencies, and with the main user client being just a browser plugin. After the plugin installation a user has a decentralized kickstarter/payment system functionality right in ther browser!
LOL the type of answer that answers nothing. Every project wants mass adoption. I'm yet to know what their unique selling point is. What functionalities will they focus on? What will be the main objective of whatever they're building?
Honestly this kind of seems like bitshares, just on a different chain.
10 second blocktimes
no smartcoins (only colored coins)
yawn..