Author Topic: Announcing BitShares 2.0  (Read 17275 times)

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Offline robrigo

Re: Announcing BitShares 2.0
« Reply #30 on: June 08, 2015, 06:27:49 pm »
oh my goodness this is all gonna take my feeble mind a while to digest.

am I understanding this one small part correctly, is there going to be a race for valuable account names for DNS purposes?

all names registered after today will have a prefix appended to them.

That TODO item got lost in the rush to get this info out.

please elaborate. does that mean our current account names will be gone with the new version?

They will be migrated, check out the migration strategy blog post for more details: http://bitshares.github.io/blog/2015/06/08/migrating-to-bitshares-2.0/

Offline Ander

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Re: Announcing BitShares 2.0
« Reply #31 on: June 08, 2015, 06:28:22 pm »
please elaborate. does that mean our current account names will be gone with the new version?

I think it will mean that your name will be changed from 'favdesu' to something like 'legacy_favdesu'.  (Or some other prefix).

So you'll still have your name with your BTS, but the current account name squatters wont get good names in the new system, so that the name 'google' can actually be auctioned off and provide revenue to Bitshares, instead of being squatted by whoever got it first.   Thats my understanding at least.

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Offline Permie

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Re: Announcing BitShares 2.0
« Reply #32 on: June 08, 2015, 06:29:18 pm »
Referral Program details!

Quote
Referral Program

Earn $80 or more for every lifetime member you sign up.

BitShares™ has several different kinds of accounts: Basic Account, Annual Member, and Lifetime Member.

Basic Accounts are free, but do not qualify for the referral program, nor any cash back on transaction fees.

Annual Members pay a subscription fee of $20/year and earn 50% cash back on every fee they pay. They also qualify for up to 50% of the fees paid by anyone they refer to the network until their subscription expires.

Lifetime Members pay $100 and earn 80% cash back on every fee they pay. They also qualify for 80% of the fees paid by Basic Accounts they refer to the network. Additionally, they qualify for 30% of every fee paid by any Annual Member they have referred. In the event of a subscription expiration, the referral income falls back to the nearest Lifetime Member in the referral history.

These cashback referral rates, 50% and 80%, can be adjusted by the consensus of the BitShares Stakeholders at any time. Annual Accounts have their rates locked in for one year, while Lifetime Accounts have their rates locked in for life.

We estimate that the average fees paid over the lifetime of each Account will be in excess of $1002, which means that a membership could earn over $80 per referred user. Of course, it is your own responsibility to estimate how often you, and those you refer, will use the network. Keep in mind that the BitShares stakeholders have the ability to change transaction fees, which could impact future earnings.
« Last Edit: June 08, 2015, 06:31:36 pm by Stan »
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Offline Stan

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Re: Announcing BitShares 2.0
« Reply #33 on: June 08, 2015, 06:30:15 pm »
oh my goodness this is all gonna take my feeble mind a while to digest.

am I understanding this one small part correctly, is there going to be a race for valuable account names for DNS purposes?

all names registered after today will have a prefix appended to them.

That TODO item got lost in the rush to get this info out.

please elaborate. does that mean our current account names will be gone with the new version?

Existing names are grandfathered in - unchanged.
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Ander

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Re: Announcing BitShares 2.0
« Reply #34 on: June 08, 2015, 06:31:28 pm »
I love that the new client will be an entirely broswer based wallet.  This will greatly reduce the barrier to entry.

At present, its very easy for me to have a bitcoin wallet at blockchain.org, or a dogecoin wallet at dogechain, or whatever.  But having a Bitshares wallet was very difficult, required me to update the client, took a long time to sync the blockchain, and hogged my computer resources when I ran it. 

This will be a MASSIVE upgrade to usability. 
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Offline xeroc

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Re: Announcing BitShares 2.0
« Reply #35 on: June 08, 2015, 06:34:48 pm »
There is a discussion thread for mostly every new feature in a newly create subforum:
https://bitsharestalk.org/index.php/board,91.0.html

Overview

Of particular interest should be this article:
Answers to the questions raised by the community
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline fav

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Re: Announcing BitShares 2.0
« Reply #36 on: June 08, 2015, 06:36:26 pm »
oh my goodness this is all gonna take my feeble mind a while to digest.

am I understanding this one small part correctly, is there going to be a race for valuable account names for DNS purposes?

all names registered after today will have a prefix appended to them.

That TODO item got lost in the rush to get this info out.

please elaborate. does that mean our current account names will be gone with the new version?

They will be migrated, check out the migration strategy blog post for more details: http://bitshares.github.io/blog/2015/06/08/migrating-to-bitshares-2.0/

nice, thanks!  +5%
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Offline roadscape

Re: Announcing BitShares 2.0
« Reply #37 on: June 08, 2015, 06:39:10 pm »
https://bitshares.github.io/technology/
Dynamic Account Permissions
Every account can be controlled by any weighted combination of other accounts and private keys.
This creates a hierarchical structure that reflects how permissions are organized in real life, and makes
multi-user control over funds easier than ever. Multi-user control is the single biggest contributor to
security, and, when used properly, it can virtually eliminate the risk of theft due to hacking.


multisig is solved..
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Offline bytemaster

Re: Announcing BitShares 2.0
« Reply #38 on: June 08, 2015, 06:41:18 pm »
https://bitshares.github.io/technology/
Dynamic Account Permissions
Every account can be controlled by any weighted combination of other accounts and private keys.
This creates a hierarchical structure that reflects how permissions are organized in real life, and makes
multi-user control over funds easier than ever. Multi-user control is the single biggest contributor to
security, and, when used properly, it can virtually eliminate the risk of theft due to hacking.


multisig is solved..


I was wondering how long it would take people to discover this and realize its importance :)
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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline allseeinguy

Re: Announcing BitShares 2.0
« Reply #39 on: June 08, 2015, 06:43:25 pm »
Fantastic piece of software for any budding entrepreneurs. You might have hit the nail on the head with this!

Offline roadscape

Re: Announcing BitShares 2.0
« Reply #40 on: June 08, 2015, 06:44:04 pm »
https://bitshares.github.io/technology/
Dynamic Account Permissions
Every account can be controlled by any weighted combination of other accounts and private keys.
This creates a hierarchical structure that reflects how permissions are organized in real life, and makes
multi-user control over funds easier than ever. Multi-user control is the single biggest contributor to
security, and, when used properly, it can virtually eliminate the risk of theft due to hacking.


multisig is solved..


I was wondering how long it would take people to discover this and realize its importance :)

Win. Win. Win.
http://cryptofresh.com  |  witness: roadscape

Offline Ander

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Re: Announcing BitShares 2.0
« Reply #41 on: June 08, 2015, 06:45:59 pm »
https://bitshares.github.io/technology/
Dynamic Account Permissions
Every account can be controlled by any weighted combination of other accounts and private keys.
This creates a hierarchical structure that reflects how permissions are organized in real life, and makes
multi-user control over funds easier than ever. Multi-user control is the single biggest contributor to
security, and, when used properly, it can virtually eliminate the risk of theft due to hacking.


multisig is solved..


I was wondering how long it would take people to discover this and realize its importance :)

Wow.

Bitshares 2.0 is going to blow everything else out of the water in terms of technical stats. 
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Offline CalabiYau

Re: Announcing BitShares 2.0
« Reply #42 on: June 08, 2015, 06:49:02 pm »
Really impressing - congrats to the team !

Offline MrJeans

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Re: Announcing BitShares 2.0
« Reply #43 on: June 08, 2015, 06:52:18 pm »
While the wait was torture, I'm loving this new surprise us method!

Offline sschechter

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Re: Announcing BitShares 2.0
« Reply #44 on: June 08, 2015, 07:01:12 pm »
Time to launch PeerTracks on this....
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