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Offline santaclause102

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Re: [ANN] IDentabit Announcement
« Reply #30 on: August 13, 2015, 12:56:33 AM »
What is your timeline?  SETL already has 100k transactions per second and are moving quickly to start processing orders on the Canadian exchanges.

I feel Anonymity was the one thing that was holding people in crypto together.  Now this is going to split the community as we have already seen from Erlich Bachman.  Divide and conquer.

You say this is like a Trojan Horse to the banks, but you are allotting the majority of your funds to "strategic partners"... Investors don't give a shit about anything but making money.  Building a Trojan Horse to take down banks is on the opposite end of their ideological spectrum.

I get the "Rah Rah, we are doing this for bitshares!" thing, but it seems like a facade so that we go along with the idea.  I'm all for making money and my bank account hopes this is tremendously successful, but until there is a real plan for converting people to freedom and privacy this just looks like another version of SETL or Ripple.
Regulations are a fact.

The best shot is to make a system mainstream that is compatible with all regulations and which allows to easily switch to a similar system (bitshares) with privacy if needed. If users are familiar with identabit they get easily familiar with bitshares and can easily acquires it.

BTW, privacy is nothing illigal. It is just that regulations require non privacy for SOME types of transaction (financial transactions, especially above a certain amount etc.). By privacy I mean here that no one (also no government agency etc) can see what/how much you transact.
« Last Edit: August 13, 2015, 01:01:56 AM by delulo »

Offline Erlich Bachman

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Re: [ANN] IDentabit Announcement
« Reply #31 on: August 13, 2015, 01:07:41 AM »
I feel Anonymity was the one thing that was holding people in crypto together.  Now this is going to split the community as we have already seen from Erlich Bachman.  Divide and conquer.

Mere mortals like myself who have nothing to hide will no doubt give up privacy for convenience, especially in a level playing field where nobody has any advantages.  We just want ease of use.  I would take us the rest of our lives to learn what you already know about computers.  It's just a sad fact.  I want to be able to appeal to a community if Mark Kerpeles steals from thousands of us at once.  There is strength in numbers and I like communities for that reason.  This "every man for himself is responsible if they get their coins lost or stolen" is only cool if you are up for the technical challenge which me and my burn out hippie friends are obviously not.  WE need help from communities like IDentistBit
.
You say this is like a Trojan Horse to the banks, but you are allotting the majority of your funds to "strategic partners"... Investors don't give a shit about anything but making money.  Building a Trojan Horse to take down banks is on the opposite end of their ideological spectrum.

It is a trojan horse to "banking control" not "banking profits"

In essence banks can sell their "control" for "profits" if they integrate.  And depending on which bankers you ask exactly, I'm sure you will get different results from Joe Banker than you would get from Joe Rothschild if you asked him weather or not he wanted to integrate his local branch:

http://247wallst.com/banking-finance/2015/05/29/a-new-wave-of-bank-layoffs-with-more-to-come/
You own the network, but who pays for development?

Offline donkeypong

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Re: [ANN] IDentabit Announcement
« Reply #32 on: August 13, 2015, 01:10:00 AM »
This announcement is terrific. Welcome to IDentabit!

Offline luckybit

Re: [ANN] IDentabit Announcement
« Reply #33 on: August 13, 2015, 01:19:09 AM »
Good job, I agree with the direction of this.
I'm reviewing it but so far 10 out of 10.

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Offline luckybit

Re: [ANN] IDentabit Announcement
« Reply #34 on: August 13, 2015, 01:25:19 AM »
How will you determine "those identified as constructive contributors to Bitshares betterment"?

Thanks!

Brownies ;)

And just like that brownies have value. If more of us develop our own point systems then if we are in a position to give back to the community we will know who to favor.

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Offline santaclause102

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Re: [ANN] IDentabit Announcement
« Reply #35 on: August 13, 2015, 02:03:36 AM »
Just having skimmed over it real quick. Will read it in more depth. But I am exited :)

Any snaphots dates known yet (for the various sharedrop targets)?
One more question apart from the above: Could there be the chance that it would help legal compliance if stakeholders in the idenibit chain (identibit holders) were are also all public?

Offline Stan

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Re: [ANN] IDentabit Announcement
« Reply #36 on: August 13, 2015, 02:08:36 AM »
Just having skimmed over it real quick. Will read it in more depth. But I am exited :)

Any snaphots dates known yet (for the various sharedrop targets)?
One more question apart from the above: Could there be the chance that it would help legal compliance if stakeholders in the idenibit chain (identibit holders) were are also all public?

Check out identabit.com and you'll see it's just as much about privacy as identity.
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 mint chocolate chip

Re: [ANN] IDentabit Announcement
« Reply #37 on: August 13, 2015, 04:42:54 AM »
I can see why you were excited to announce this, it appears brilliant and takes into account a lot of aspects of digital currencies.

On the website, the last word on the homepage spelled wrong, "Anouncing", the LinkedIN button is only pointed at the LinkedIN homepage.

Community, help get the social media presence going, like the FB page https://www.facebook.com/identabit and follow IDentabit on Twitter https://twitter.com/identabit

Offline betax

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Re: [ANN] IDentabit Announcement
« Reply #38 on: August 13, 2015, 05:24:25 AM »
I might have got some, who knows. I can't get the bloody wallet running.

BM told me you had been paid sumantso, so he probably just typoed your account name, if it is true that you did not get any. From what I have seen so far BM has sent to everyone who has asked, even those who are critical of BitShares. If there is a bias in the giving out of brownie points it is because some people are too shy to ask or speak up about the things they have done. I PM'ed all hero members with some intensity a while back to mitigate this effect, encouraging people to speak up. I suggest we leave this aside, talk more in PM or start another thread if we want to discuss this further. Identabit is the proper topic here and it would be unfortunate to derail this announcement by only focusing on this issue.

Clains email was addressed to everyone, including most critical people. I chased my brownies (i was on holidays last month) and got some sent to me. I wish I was more descriptive of what I have done now ;)
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Offline betax

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Re: [ANN] IDentabit Announcement
« Reply #39 on: August 13, 2015, 05:37:41 AM »
On the subject now, this is excellent news and a great project, this will bridge the gap needed to enter cryptocurrency.

Few questions:
  • Will be the coin listed in Bitshares exchange?
  • Will you have presence in every country (like Transferwise), to reduce the costs of transfers
  • What are the initial countries you are targeting?
  • Any ideas on when will it launch the initial chain?

Thanks and good luck!
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Offline underwun

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Re: [ANN] IDentabit Announcement
« Reply #40 on: August 13, 2015, 12:25:39 PM »
I can see why you were excited to announce this, it appears brilliant and takes into account a lot of aspects of digital currencies.

On the website, the last word on the homepage spelled wrong, "Anouncing", the LinkedIN button is only pointed at the LinkedIN homepage.

Community, help get the social media presence going, like the FB page https://www.facebook.com/identabit and follow IDentabit on Twitter https://twitter.com/identabit

Thank you for identifying mistakes and getting behind our FB and Twitter presence. Lets begin a new thread focused on how we can improve and how folk can pitch in a assist in improving our professionalism.

I have just set up a thread, Important Criticism...please join us.

Need to get some sleep catch you when I wake.
There's a reason for everything and if there isn't there should be...

Offline santaclause102

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Re: [ANN] IDentabit Announcement
« Reply #41 on: August 13, 2015, 06:57:31 PM »
Will there be market pegged assets in IDentabit?

What will serve as the medium of exchange? Market pegged assets or the native token (identabits) or some User issued asset / issuer backed asset?

Offline Akado

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Re: [ANN] IDentabit Announcement
« Reply #42 on: August 18, 2015, 12:27:32 PM »
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Offline slender

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Re: [ANN] IDentabit Announcement
« Reply #43 on: August 20, 2015, 07:36:40 AM »
Will there be market pegged assets in IDentabit?

What will serve as the medium of exchange? Market pegged assets or the native token (identabits) or some User issued asset / issuer backed asset?

Identabit will be a base on which various "applications" will be built,  of which Remittances (Remitabit) is one that has already been discussed.   So Initially,  the native token will be the medium of exchange,  but over time there are plans for market pegged assets and user issued/backed assets (for Remitabit, for example).
BTSX: slender

Offline Akado

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Re: [ANN] IDentabit Announcement
« Reply #44 on: August 23, 2015, 01:24:06 PM »
http://bravenewcoin.com/news/hackcoin-a-digital-currency-and-blockchain-hackathon/
https://www.youtube.com/watch?v=VGlPjnYTPDc

In total, 5 teams pitched their ideas on “Identity and the Blockchain.” The entries were judged on business and technological feasibility, and consideration of any legal issues for the end output. The winning team, pictured below, provided a solution that met all of the criteria of the competition, and went even further by providing working code for their idea.

The Runner Up in the competition was Charles Cai of dslogix who also developed a high quality idea, focusing on big data and its interaction with identity on the blockchain. Charles has mentioned on Twitter that he will continue to build his idea.

Nicola Chang presented her idea about social identity, where an organisation or someone within the community itself would be tasked with creating an identity for their community members.

Tim Pastoor flew in from Amsterdam to introduce 2way.io for the first time to the public, he aims to build his identity system using the Eris and NXT platforms.


~Time for Identibit to follow up
« Last Edit: August 23, 2015, 01:26:08 PM by Akado »
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