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Messages - pc

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301
General Discussion / Re: OpenLedger propose Bitshares 3.0 enhancements
« on: October 23, 2017, 04:39:27 pm »
Thank you very much, great initiative IMO!

1) Implementing a virtual machine (like Ethereum’s’ Virtual Machine) into Graphene.

I'm very sceptic about porting a VM to BTS. I believe that in the end it means that we have to sacrifice our speed, because the problem here is that VMs simply don't scale. We're still one of the fastest blockchains out there - sacrificing that for something that in the end would be no better than ETH would be a very bad move IMO.

2) Implementation of the Atomic Swap mechanism.

Not sure if I understand what you mean - are we talking about Atomic Cross--Chain Trading (ACCT)?

In that case I think that this would be a great feature to have. It could provide an actual trustless gateway (as opposed to a delegate-controlled sidechain/gateway) between BTC and bitBTC, and most altcoins out there. The speed of such trades is mostly determined by the speed of the other chain (read: slow), which is why I think that people wouldn't use it for everyday trading but more to move funds into and out of our chain. For everyday trading they would use out built-in high-speed DEX.

It could also be implemented with relatively little effort (read: low cost) I think.


3) Creation of Fee Backed Asset.
The idea of creating the FBA was proposed back in 2015, but was never implemented.

AFAIK FBA's have been implemented. The only current use-case is STEALTH, i. e. part of the fees for stealth transfers are used to buy back the STEALTH asset.

If you mean something else, please expand.

303
Technical Support / Re: Account Access...HELP!
« on: October 22, 2017, 08:57:51 pm »
You need to import the .bin file on the other computer.

304
Random Discussion / Re: PTS stuck on Poloniex. What do?
« on: October 22, 2017, 11:57:54 am »
The sharedrop on PTS holders happened in 2014 IIRC. If you had PTS in your wallet at the time, you can claim BTS using the private keys from your PTS wallet.
For PTS that were on exchanges back then you won't receive BTS.

305
General Discussion / Re: Marketing efforts
« on: October 22, 2017, 11:55:16 am »
Asking is allowed of course. But for marketing I'm definitely the wrong guy to ask. :-)

306
Random Discussion / Re: PTS stuck on Poloniex. What do?
« on: October 21, 2017, 10:17:12 pm »
The PTS blockchain died more than a year ago. https://bitsharestalk.org/index.php/topic,22838.msg296383.html#msg296383

307
Stakeholder Proposals / Re: Proxy: fav - Journal
« on: October 19, 2017, 08:10:34 pm »
xeroc reported that the bsip-18 worker has collected sufficient funds.

308
Yes, a public API node can give you the balances of all accounts.

309
Thanks for the clarifications, @xeroc (and for coming up with the proposal in the first place)!

I definitely see the need for the role, and I'm going to support the proposal.

310
General Discussion / Re: will atomic swap make bitshares useless ?
« on: October 17, 2017, 08:23:44 pm »
yes absolutely, especially since bitshares can't and won't use atomic swap too.

if it start to use atomic swap to trade, it will only act as a front end, not a real exchange. thus no need for the bts token.
no ?

I think the opposite is true. Atomic swaps could provide trustless gateways between bitBTC and BTC, which would be a big plus.
But atomic swaps are complicated and slow. Too slow for everyday trading, and certainly too slow to be a competitor for the 3-second-trading you can do on our DEX.

311
Quote
In a decentralized ecosystem, we are not looking for leaders or owners, but we are looking for leadership.

The strength of BitShares is that of technical superiority, and distributed governance, but by nature of its decentralized and autonomous community organization all the rest is not continuously attended unlike in most other platforms. In some areas now with very undesirable effects. There is no one following a bigger picture, not business development, public relations, or even marketing. This needs to change.
With this I fully agree. I have said similar things before.

Quote
to engage in external communication as the only spokesperson with the authorities, market parties and legal council. To coordinate and distribute work and to act as representative. If need be the foundation may sign on behalf of the community when it is a document that protects its interests in registration or public tradability.
This is problematic, to say the least.

I don't think "the community" exists as an entity in some legal sense. If the proposal is accepted, this provides a certain justification for the BBF to act as a spokesperson. If this justification is sufficient or acceptable probably lies with said "authorities, market parties and legal councils". But I think it is doubtful that it would hold when challenged.

On the other side, it is (to me) extremely unclear what it means in practice that the foundation "may sign on behalf of the community". First of all, disagreement about our interests is the rule in this community, not the exception. From this it follows immediately that it is undecidable if signing a document is in our interests, which means that any such signature is most likely not valid.
Second, any agreement that the BBF signs on behalf of the community is unenforcable (against us). For example, if the SEC demands that the stealth feature is removed, and the BBF promises to do so, the community might simply refuse to do that. Neither the SEC nor the BBF can enforce the removal of stealth.

Please clarify how you are planning to handle all of this.

312
Make sure the clock is set correctly.

313
We must give 3rd parties (exchanges and other businesses) sufficient time to get notified and upgrade.

314
Technical Support / Re: Wallet backup
« on: October 13, 2017, 03:39:20 pm »
Did you create the wallet using the account model? In that case there is nothing to back up, your account name and password is all you need.

315
Interesting point by you on creating SmartCoins. Are they identical to "real" Committee-issued Smartcoins, in this case?

Not necessarily, but they can be made identical, i. e. with identical flags + permissions etc.. You can also create them and assign ownership to the committee.

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