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Smells like newmine/de feeding fud.
CCEDK will be a full BitShares hosted wallet (white label of our new Graphene GUI)
I'll never understand this idea of devs needing to live like poppers...
I like "bitshares" , and it makes more sense due our bitshares logo that is a "b" ... (and not a "B")
Sent from my ALCATEL ONE TOUCH 997D
P.S. I would edit this thread title to include [io9 Article] otherwise it may get overlooked from people thinking its a newbie question thread.
BitShare's StanLatimerhas taken it upon himself to devise Three Laws of Robotics for Distributed Autonomous Corporations:
A DAC must always obey its own published business rules.
A DAC must never change its rules without consent of its stakeholders, except where such change would conflict with the First Law.
A DAC must protect its own existence, as long as such protection does not conflict with the first two laws.
According to Larimer, a DAC's mission statement — or utility function — would be "typically implemented as publicly auditable open-source software distributed across the computers of their stakeholders."
Do you think we should have something on the website similar to Ripple?
Really? No regulatory strategy?
https://bitsharestalk.org/index.php?topic=12050.msg161883#msg161883
"Legal Compliance
Any company that takes deposits from customers and facilitates transfers among customers is heavily regulated in most countries. These regulations include license requirements, bonds, insurance, know your customer laws, and anti-money-laundering compliance among others. The BitShares block chain provides gateways with all of the tools necessary to comply with these regulations.
If you are in this business you are already maintaining a database tracking user deposits and your database is probably logging every single transaction and balance change. Your database knows exactly who is owed what at any point in time. You also have the power to seize or freeze user balances at the demand of law enforcement. BitShares provides you with all of these features as well including:
1) Ability to white list public keys that may control a balance of your asset.
2) Ability to freeze all funds and stop all trading of your assets
3) Ability to transfer any balance of your asset from any user to any other user
In other words, if you are operating a legally complaint crypto currency exchange, then you can easily expand your business to becoming a BitShares gateway. "
