Main Menu

plan for sidechain?

Started by bitcrab, January 20, 2017, 03:51:37 AM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.


bitcrab

Quote from: abit on January 22, 2017, 08:12:39 PM
Anyone has interest can check Steemit's 2017 roadmap: https://steem.io/2017roadmap.pdf
The section "Steem Blockchain Feature: Multi-Chain Parallelism" is related to sidechains.

seems the fabric architecture is to solve the problem of  scalability, performance, fault isolation, and modularity, however what Bitshares now need is to interoperate with bitcoin and ethereum blockchain.

BunkerChainLabs-DataSecurityNode

Quote from: konelectric on January 23, 2017, 02:17:13 AM
Quote from: blahblah7up on January 21, 2017, 04:14:47 PM
Quote from: xeroc on January 21, 2017, 02:45:32 PM
have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?

Their all based on Graphene. If one develops a new feature like stealth, sidechains,  warp bubble, etc. Bitshares  can incorporate it at a fraction of the cost. How cool is that?

I think the 5% sharedrop has a more measurable effect. Someone made a post talking about the value a while back:

https://steemit.com/peerplays/@steempower/peerplays-drops-usd600-000-usd-of-value-into-the-bitshares-ecosystem

Mind you that was based on the market rate at that time of roughly $12-$13 per Peerplays. Our market closed 4X from that later.. effectively providing $2.4 million of value to BTS holders... but we will see just how much it turns out to be.

Taking from other projects depends on licensing.
+-+-+-+-+-+-+-+-+-+-+
[url="//www.peerplays.com"]www.Peerplays.com[/url] | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

konelectric

Quote from: blahblah7up on January 21, 2017, 04:14:47 PM
Quote from: xeroc on January 21, 2017, 02:45:32 PM
have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?

Their all based on Graphene. If one develops a new feature like stealth, sidechains,  warp bubble, etc. Bitshares  can incorporate it at a fraction of the cost. How cool is that?
Tweeter: Konelectric. Steemit: Konelectric. Youtube: Patrick Konshak. Success Council: Yourship. Mumble: Yourship or Konelectric.

DMo09


[/quote]
in China there are DACPLAY,  and a planned project YOYOW(you own your words) which is also based on graphene.
[/quote]

DACPLAY is alive?!
Who's working on it?
Where are they located?
What have they accomplished?
When will they release something?
Why are they hiding?

abit

Anyone has interest can check Steemit's 2017 roadmap: https://steem.io/2017roadmap.pdf
The section "Steem Blockchain Feature: Multi-Chain Parallelism" is related to sidechains.
BitShares committee member: abit
BitShares witness: in.abit

bitcrab

Quote from: tbone on January 21, 2017, 03:04:11 AM
Quote from: bitcrab on January 20, 2017, 03:17:05 PM
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org
in China there are DACPLAY,  and a planned project YOYOW(you own your words) which is also based on graphene.

tbone

Quote from: xeroc on January 21, 2017, 02:45:32 PM
Quote from: tbone on January 21, 2017, 06:44:05 AM
I'm pretty sure you don't know any more than anyone else.
I wouldn't go so far .. BunkerChain labs is working closely with BlockTrades who has two very high profile devs for graphene ..
Pretty damn sure will PeerPlays have a positive effect on Bitshares .. as has Steem(it)

I agree that Peerplays will likely have a positive effect on Bitshares.  That's partly why I own a nice bunch.  Of course, I own even more Steem.  And I've said a few times that Steem is one of the best things that has happened to Bitshares, the full effect of which we have not yet seen.  But that's all beside the point.  In my previous post, I was simply refuting the conclusion that Steemit's roadmap has anything whatsoever to do with what what Dan may be tinkering with in his spare time. 

blahblah7up

#13
Quote from: xeroc on January 21, 2017, 02:45:32 PM
have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?

xeroc

Quote from: tbone on January 21, 2017, 06:44:05 AM
I'm pretty sure you don't know any more than anyone else.
I wouldn't go so far .. BunkerChain labs is working closely with BlockTrades who has two very high profile devs for graphene ..
Pretty damn sure will PeerPlays have a positive effect on Bitshares .. as has Steem(it)

tbone

Quote from: BunkerChain Labs on January 21, 2017, 05:20:28 AM
Quote from: tbone on January 21, 2017, 03:04:11 AM
Quote from: bitcrab on January 20, 2017, 03:17:05 PM
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org

You can stop wondering.. he wasn't. Have you read the recent steemit roadmap? The word bitshares and all the other words you listed above other than steemit do not appear in that document that is supposed to layout the next year for steem.

If it was on the roadmap, I would have referred to that, don't you think?  So yeah, obviously he's not working on it officially.  I said behind the scenes.  Who knows what he's tinkering with in his free time.   I'm pretty sure you don't know any more than anyone else.

BunkerChainLabs-DataSecurityNode

Quote from: tbone on January 21, 2017, 03:04:11 AM
Quote from: bitcrab on January 20, 2017, 03:17:05 PM
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org

You can stop wondering.. he wasn't. Have you read the recent steemit roadmap? The word bitshares and all the other words you listed above other than steemit do not appear in that document that is supposed to layout the next year for steem.

+-+-+-+-+-+-+-+-+-+-+
[url="//www.peerplays.com"]www.Peerplays.com[/url] | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

天籁

Quote from: tbone on January 21, 2017, 03:04:11 AM
Quote from: bitcrab on January 20, 2017, 03:17:05 PM
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org
+5%

tbone

Quote from: bitcrab on January 20, 2017, 03:17:05 PM
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org

bitcrab

@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.