[ANN] BANX Capital Joins BitShares Exchange Network

[Riverhead]

Banx moving to BTS podcast announcement:

https://vimeo.com/131552523

[fav]

I thought I would share a video my 15 yrs old son James put together around the office at banx in the UK for any of you interested (and yes I'm going on a diet next week ) >>

>> https://vimeo.com/131121240

whatever dogs you show us, you won't beat our beloved BitShares Puppies https://bitcointalk.org/index.php?topic=940298.0

[MarkLyford]

I thought I would share a video my 15 yrs old son James put together around the office at banx in the UK for any of you interested (and yes I'm going on a diet next week )

>>

>> https://vimeo.com/131121240

[oldman]

Hi folks

I just wanted to say 'Hi' and how pleased I am to be bringing the work we are doing at Banx Capital to the bitshares system.

I am super excited about the Bitshares 2.0 coming out soon and after speaking to Dan, Stan and the rest of the Bitshares team was convinced moving to BTS 2.0 was the right move for Banx.

Moving forward these changes will allow us to fly ahead with out plans as we grow.

I look forward to being part of this community and helping anyway we can

Regards

Mark Lyford

Welcome - and congratulations on choosing BitShares tech for your migration to a 2.0 platform!

[Stan]

Go ahead and consume all our capacity.

We'll make more.

 

[Erlich Bachman]

Shhhhh, don't tell anyone, but all the money a coin doesn't spend on its own block signing nodes can be used to grow the coin instead.  Savings can be used...

1.  To develop new products and services
2.  To attract new users
3.  To reward the owners by not increasing the supply for no good reason.

If they find out how easy it is to upgrade a coin to industrial grade performance, everyone will be doing it.

Seriously Stan, I have a concern.

There is no doubt that the community would have voted unanimously to allow Banxshares onto the blockchain, however, don't just go letting any old business on our blockchain until we get voting power.  We need to keep quality high, avoid blockchain bloat, and save some transaction headroom for when the major high volume customers like Goldman Sachs want a ticket to ride on the blockchain that is an order of magnitude more scalable than all the competitors except CobbTracks.

I would hope that the initial set up costs for the GS deal would bring a more hefty signing bonus than whatever we charged Mark.
 

[Stan]

Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

Shhhhh, don't tell anyone, but all the money a coin doesn't spend on its own block signing nodes can be used to grow the coin instead.  Savings can be used...

1.  To develop new products and services
2.  To attract new users
3.  To reward the owners by not increasing the supply for no good reason.

If they find out how easy it is to upgrade a coin to industrial grade performance, everyone will be doing it.

And there goes our unique advantage in the marketplace.

[MarkLyford]

Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

I agree. Am part of our plans are to roll out many other businesses under our Banx platform using the bitshares systems

[Erlich Bachman]

Yes, but I don't think that many others are aware.

The more brothers and sisters that take up residence on the BitShares blockchain, the stronger and more secure your business becomes overall.

You sir are savy enough to know a great deal when you see it.  The initial install cost (to be allowed on-board the BitShares blockchain) will only increase over time, as supply of open business slots decreases and voting shareholders become more critical of what business are awarded the honor.

[MarkLyford]

moving to BTS 2.0 was the right move for Banx.

Moving forward these changes will allow us to fly ahead with out plans as we grow.

I look forward to being part of this community and helping anyway we can

Regards

Mark Lyford

Just sit back and relax Mr. Lyford, your new blockchain is going to be stronger, faster, and longer lasting than ever before.  You may now concentrate on marketing your product as you draw referral fees in direct proportion to the traffic you bring in.  This will no doubt help your profit margins allowing you to run at what would have been zero profit, you are now at least guaranteed referral reimbursement from the blockchain just for generating blockchain transactions.  In essence, you get a cut of every transaction blockchain fee instead of you having a to pay a cost every time your customer generates a transaction.

Hi Erlich

Yes I'm very aware of the opportunities that this gives us

[MarkLyford]

Welcome, @MarkLyford !

thanks pleased to be here

[fav]

Welcome, @MarkLyford !

[MarkLyford]

Hi folks

I just wanted to say 'Hi' and how pleased I am to be bringing the work we are doing at Banx Capital to the bitshares system.

I am super excited about the Bitshares 2.0 coming out soon and after speaking to Dan, Stan and the rest of the Bitshares team was convinced moving to BTS 2.0 was the right move for Banx.

Moving forward these changes will allow us to fly ahead with our plans as we grow.

I look forward to being part of this community and helping anyway we can

Regards

Mark Lyford

[Stan]

That is great news! Is there a Press Release about this out there?

Expecting it any minute, GMT.

[Thom]

  Sounds good.