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Messages - werneo

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16
General Discussion / Re: Waves
« on: April 18, 2016, 07:43:54 pm »

17
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/[member=17242]pharesim[/member]/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"' \


Thanks!

Here is a good question someone just PM'd me.... could someone answer it cause I don't know (remember, I'm 5)....

Quote
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?

18
Starts @44:45

Quote
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.

https://www.youtube.com/watch?v=VdYK1ifKLXw


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....  :)

19
General Discussion / Re: Ethereum price discussion
« on: April 17, 2016, 08:08:25 pm »



-MACD negative crossover in the hour-frame.
-Four unsuccessful attempts to break through resistance at 0.026/Double Top

I call this shortable.

20
General Discussion / Re: Bitshares price discussion
« on: April 16, 2016, 04:28:49 pm »
Why do you say sub 200 satoshis?

I'm not saying BTS would stay at <200 satoshis, but I think we could see a spike down that far in the event of a sell-off.



The BTS uptrend that started in January has now been invalidated. Overall volume has been declining since the March peak. MACD is  bearish on the one-day chart. The one-week chart still shows a positive moving average, but trending down along with the MACD.

All of this may seem like reading chicken entrails, but traders tend to use these lines to make decisions.  Future price is uncertain, but trends are naked as a jaybird.

21
General Discussion / Re: Bitshares price discussion
« on: April 15, 2016, 09:24:30 pm »


I have a bad feeling about this. With the Steem announcement, BTS becomes a less interesting story for investor/speculators. In the not-to-distant-future I could see BTC spiking above $500,  ETH falling 50%, and BTS doing a bellyflop freefall into sub 200 satoshis.

22
General Discussion / Re: Waves
« on: April 15, 2016, 05:13:08 pm »
interesting: http://www.newsbtc.com/2016/04/14/waves-ico-ddos-attack/

Quote
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.


and this: http://themerkle.com/waves-ico-after-day-one/

Quote
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.

23
General Discussion / Re: Ethereum price discussion
« on: April 15, 2016, 05:08:10 pm »
This is in line with my earlier prediction that ETH is headed to 0.01 https://www.tradingview.com/chart/ETHBTC/HUHRkyZa-Ethereum-April-Update-5-Special-Edition/

24
General Discussion / Re: Waves
« on: April 14, 2016, 09:42:03 pm »
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. ;)

Exactly.

More media puff:

https://www.cryptocoinsnews.com/blockchain-platform-waves-raise-more-than-2m-at-the-start-of-the-crowdsale-campaign/

https://news.bitcoin.com/waves-raises-2m-crowdfunding/

...and what's this? https://bitkapital.com/

25
General Discussion / Re: Waves
« on: April 14, 2016, 02:13:28 pm »
WAVES raises $2m in 24 hours in bid to take on permissioned blockchains
http://www.ibtimes.co.uk/waves-raises-2m-24-hours-bid-take-permissioned-blockchains-1554785

27
General Discussion / Re: Ethereum price discussion
« on: April 12, 2016, 02:48:17 pm »
Yeah, that didn't work out, so I unloaded earlier today.

Now getting ready to reload between .018 - .016 ... anyone disagree?



If when it drops under .064, watch for a cliff fall to the .01 range

28
General Discussion / Re: Waves
« on: April 12, 2016, 02:26:55 pm »
Charles Hoskinson not happy with Waves team: https://bitcointalk.org/index.php?topic=1434851.0

To which I reply: Hey, open source is open source.  ;)

More: https://bitcointalk.org/index.php?topic=1434851.msg14520242#msg14520242

29
General Discussion / Re: Waves
« on: April 10, 2016, 04:24:40 pm »

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.

I'm not advocating anything. I do find it interesting as a crypto investor:

“Our primary users will be crowdfunding projects in the first place. The system will allow them to launch a fundraising campaign in just a few minutes. The system will also use tokens pegged to real-life currencies with payment system and bank backing. At the next phase of the system’s development, we will encourage real businesses to issue their stock on Waves blockchain. We pay much attention to compatibility between the technologies and regulation. Our aim here at Waves is to create an ecosystem fully compliant with the regulations for stock and remittances.”

http://forklog.net/launch-of-decentralized-crowdfunding-and-trading-platform-waves-announced/

30
General Discussion / Re: Waves
« on: April 10, 2016, 03:28:56 pm »
10 second blocktimes

no smartcoins (only colored coins)

yawn..



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!

http://bitscan.com/articles/making-waves-part-1
http://bitscan.com/articles/making-waves-part-2

Bonafides:
NXT supergeek JL777 confirmed advisor/investor: https://bitcointalk.org/index.php?topic=1387944.msg14104607#msg14104607
JL777: https://bitcointalk.org/index.php?topic=1372879.0

MORE:

"After the success of Ethereum project many people are asking us why we're launching WAVES, cannot everything be done on Ethereum? Obviously everything cannot be done on one platform, however versatile it might be. I would summarize our approach to be complementary to Ethereum. We are ascending from maybe more trivial problems, such as usability, flat learning curve for end-users, to more fundamental ones - such as consensus algorithms, reducing transaction times, scaling issues. We believe that current blockchain technology is "production-ready" so to say, and should already be made accessible to the widest audience possible."
https://blog.wavesplatform.com/waves-platform-vision-a532840ba061

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