Let's Try This Again

[luckybit]

DACX: https://www.youtube.com/watch?v=CMbgER0BOqA

Maybe approach them when 2.0 is ready so they upgrade. Let them capitalize on it.

[Tuck Fheman]

Who's the big guy in the Chinese Bitshares Community

I heard Dan manages his funds.

[IOHKCharles]

Who's the big guy in the Chinese Bitshares Community

[Empirical1.2]

So how big is the Chinese community for BitShares these days?

Pretty small. BitShares used to have the largest active Chinese community in crypto, besides BTC itself before the merger imo.

There was a very exciting project, DACX, which used BitShares on the back-end and was featured on Chinese international TV a few months back. I haven't followed up on their progress or if they're still using BitShares.

https://www.youtube.com/watch?v=CMbgER0BOqA&feature=youtu.be

Next tell me the primary media outlet to propagate it.

Max Keiser's show would probably be the best. He has a large worldwide audience & explains crypto-concepts well to a savvy audience who are disenchanted with and looking for alternatives to the current financial system.

[IOHKCharles]

So how big is the Chinese community for BitShares these days?

[seocuenta]

I figured I'd try to bury the hatchet. Life's too short for this stuff.

 

[Riverhead]

There is a certain irony in the fact that Bitcoin, the pioneer of decentralized currency, is at risk because of centralized development. In the true spirit of consensus all the camps should implement their solutions and let the miners pick the winner.

[donkeypong]

If they can merely respect that other products have niches, then maybe they'll try it and like it:

http://coinjournal.net/shapeshift-io-ceo-erik-voorhees-explains-his-revised-stance-on-altcoins/

[santaclause102]

No doubt when this is the mentality of the bitcoin maximalists https://twitter.com/adam3us/status/633280928991735808

We have a lot of work to do to ensure these turkeys don't run the show.

flawed economic models with arrogance mixed in... (referring to Back, Sidechanges etc.)

[IOHKCharles]

No doubt when this is the mentality of the bitcoin maximalists https://twitter.com/adam3us/status/633280928991735808

We have a lot of work to do to ensure these turkeys don't run the show.

[James212]

Welcome back Charles!  Looking forward to your comments and contributions.

[Ander]

For what it's worth, I think the altcoin space is where the best minds and innovation are at today.

 

I am becoming more and more convinced that BTC will be replaced by a 2.0, or rather, probably by like 5-10 different 2.0s with different goals.  Ripple, ETH, and BTS are probably among them.  I do think BTC will stick around as the primary store of value coin, at least if they can get a decent resolution on block size issues. 


I cant wait for BTS 2.0 to get out there and establish itself.  We need to be generating the level of interest that ETH is currently!

[Tuck Fheman]

For what it's worth, I think the altcoin space is where the best minds and innovation are at today.

 

[monsterer]

One boon has been the emergence of  smart contracts and oracles. Ethereum and Augur are really pushing the market towards thinking about these things and that gives developers a better suite of tools to experiment.

Smart contracts are a useful device, especially for prototyping, but IMO anonymity and trust are a very bad combination.

[luckybit]

For what it's worth, I think the altcoin space is where the best minds and innovation are at today. The bitcoin maximalists and silicon valley types are running around either chained to bitcoin without any context or reason (I guess it's the standard) or are rapidly building business models centralizing or federating technology. They just don't seem to get it. 

[luckybit]

Good to be back. Anyone have a chance to read? http://qeditas.org/qeditas.pdf

http://tauchain.org/tauchain.pdf
It sort of resembles some of the features of what Ohad seems to be working on.

We propose a software client that stores an ontology of local rules, and determines
its actions using a Reasoner. Reasoners are tools that infer new rules or conclusions
given old ones. They do it intelligently - using pure logical reasoning, and they also
supply proofs for their results. τ -chain node is therefore an intelligent agent able
to communicate with other agents, at the very same language they’re written with,
which is quite human-readable.

[Tuck Fheman]

Unless I see any 'I created it' or 'they should have done it my way' statements, then I'll hold my tongue.

They should have done it the way I created it!!!!!!!

 

[IOHKCharles]

Unless I see any 'I created it' or 'they should have done it my way' statements, then I'll hold my tongue.

They should have done it the way I created it!!!!!!!

[donkeypong]

Unless I see any 'I created it' or 'they should have done it my way' statements, then I'll hold my tongue.

[Fox]

I figured I'd come back to say hi.

Charles,
It is wonderful to see you here again. I look forward to your insight and continued contributions to this community through thoughtful dialog.

Welcome back,
Fox

[BunkerChainLabs-DataSecurityNode]

"Bury the hatchet is an American Englishidiom meaning "to make peace". The phrase is an allusion to the figurative or literal practice of putting away the tomahawk at the cessation of hostilities among or by Native Americans in the Eastern United States, specifically concerning the formation of the Iroquois Confederacy and in Iroquois custom in general. Weapons were to be buried or otherwise cached in time of peace."

Kind of cool to see how these phrases come into wide usage.

bitHatchet?

[fuzzy]

"Bury the hatchet is an American Englishidiom meaning "to make peace". The phrase is an allusion to the figurative or literal practice of putting away the tomahawk at the cessation of hostilities among or by Native Americans in the Eastern United States, specifically concerning the formation of the Iroquois Confederacy and in Iroquois custom in general. Weapons were to be buried or otherwise cached in time of peace."

Kind of cool to see how these phrases come into wide usage.

[fav]

welcome back!

[jakub]

abirt made some aweseome infographics to describe bitshares technically ..

Available here:
https://bitshares.org/media/2015_bitshares_infographic_en.pdf

[xeroc]

Welcome back Charles.

Yeah why don't we have a graphic novel for cryptocurrency people?

What exactly do you have in mind .. graphic nocel?

btw, abirt made some aweseome infographics to describe bitshares technically ..

[IOHKCharles]

Yeah why don't we have a graphic novel for cryptocurrency people?

[cass]

At some point a partnership, but that comes later.

or just graphic related...

[Agent86]

Congrats on the Ethereum launch, even if you aren't as involved these days... What is IOHK up to?  Gambling in Asia?

[unreadPostsSinceLastVisit]

Read the paper he linked guys.

Qeditas is snapshotting Bitcoin. Which makes sense, it's likely the most widely distributed, regardless of how big the whales may be.

Perhaps there will be a blockchain in the future for all kinds of scientific progress. With blockchains like these stored everywhere, the odds of knowledge being passed forward to survivors in the event of a catastrophe increase. Github DAC anybody? Project DACenberg?

[IOHKCharles]

Love reading your takes on things, welcome back!

What is the smart money betting on at the moment?

https://www.youtube.com/watch?v=2cnmCw2qdO0 Gambling in Asia

Howdy Charles,

nice to see you back here!
Let me know if you'll need something…

At some point a partnership, but that comes later.

Yes very interesting reading, good points about the difficulty of eDollar scaling in ethereum. I assume Augur will have the same issues, and that will be very easy to implement in Bitshares. Bytemaster explained how to implement this in Bitshares with assets, https://bitsharestalk.org/index.php/topic,14010.0.html but it will need a good UI.

Scaling is just one challenge in building a new financial stack. At its core, the classical model for a financial system is cash in, cash out, forex, settlement and clearing, dispute resolution and messaging. With cryptocurrencies this model gets extended with identity and governance layers. Scalability of the stack means you just can do these things better; however makes no statement on the fragility and sustainability of the system. You need to have other factors to ensure these characteristics. 

Welcome back! I'm so happy to hear these words....

This technology is about saving us from the worst we can be and encouraging the best we can be. It's about the end to the war machine, the end to slavery.  Trying to use this technology without compromise in order to stall or eliminate corruption over time is an act of love for humanity, for your family, for your friends, for all our futures.

I hope we can make them more than words. Action and patience are what's required.

figured I'd try to bury the hatchet. Life's too short for this stuff.

BTW, I feel like Max being in this space:  https://www.youtube.com/watch?v=EPydRKuhuEk.

[Tuck Fheman]

I figured I'd try to bury the hatchet. Life's too short for this stuff.

[cass]

Howdy Charles,

nice to see you back here!
Let me know if you'll need something…

[Ben Mason]

At one point I was a bit too tied up into Bitshares wanting it to win and probably misperceived your intentions, Charles. If I personally had much to do with your aggravation or such, my apologies. I myself have been working on being a more positive person because as you said ... life is too short and stuff.

I wish you the best in your endeavors.

I could have been more graceful as well. There is too much passion in this space and things are always moving too quickly. We tend to forget that there are human beings behind the ideas and keyboards and let the competition get the best of us. Winning ought not be constrained to a project, but rather always the ideas. The whole point is that we are changing paradigms about how money, society and governments should work. Value can now move at the speed of thought, contracts are now digital and self-enforcing and the idea of no one being in charge actually is tangible. It's going to change things and we either all fail together or succeed together regardless of the particular company or project.

For what it's worth, I think the altcoin space is where the best minds and innovation are at today. The bitcoin maximalists and silicon valley types are running around either chained to bitcoin without any context or reason (I guess it's the standard) or are rapidly building business models centralizing or federating technology. They just don't seem to get it. 

Welcome back! I'm so happy to hear these words....

This technology is about saving us from the worst we can be and encouraging the best we can be. It's about the end to the war machine, the end to slavery.  Trying to use this technology without compromise in order to stall or eliminate corruption over time is an act of love for humanity, for your family, for your friends, for all our futures.

[betax]

Yes very interesting reading, good points about the difficulty of eDollar scaling in ethereum. I assume Augur will have the same issues, and that will be very easy to implement in Bitshares. Bytemaster explained how to implement this in Bitshares with assets, https://bitsharestalk.org/index.php/topic,14010.0.html but it will need a good UI.

[mint chocolate chip]

Love reading your takes on things, welcome back!

What is the smart money betting on at the moment?

[betax]

 

[testz]

Welcome back!   

[BunkerChainLabs-DataSecurityNode]

Welcome!

[canucklehead]

Welcome back Charles!  Always enjoyed listening to you. 

[santaclause102]

Good news!

[fuzzy]

Welcome back 

 

[CLains]

Time for some Neil Young https://www.youtube.com/watch?v=HlhwPXpfSoc

Great album. welcome back!

Great album indeed! But we must move quickly,

https://youtu.be/ky9Ro9pP2gc?t=2m20s

[CLains]

I figured I'd try to bury the hatchet. Life's too short for this stuff.

Way too short. Hmm.. Maybe we should focus on radical life extension instead of crypto.

Int the best plan to make money off crypto in order to then be able to focus on radical life extension?

Like Larry Page using his Google on project Calico

[Ander]

I figured I'd try to bury the hatchet. Life's too short for this stuff.

Way too short. Hmm.. Maybe we should focus on radical life extension instead of crypto.

Int the best plan to make money off crypto in order to then be able to focus on radical life extension?

[carpet ride]

Time for some Neil Young https://www.youtube.com/watch?v=HlhwPXpfSoc

Great album. welcome back!

[julian1]

Good news!

[IOHKCharles]

Have you read @starspirit's proposal for a reworking of pegged assets?

https://bitsharestalk.org/index.php/topic,15880.0.html

If not, what are your own opinions on the where the current design needs work?

I haven't had the chance to do so yet. In general, you really can break pegged assets into two broad buckets: pegs connected to market mechanics and pegs connected to promises or actions of a set of trusted actors. There are a lot of factors that go into building a nice stable peg from access to timely information that isn't corruptible, reputation metrics, network latency, how the trading mechanics work, liquidity and if fungibility is a requirement. Probably more that I've missed; however, the point is that it's a fairly complex game to go down the road of something that's trustless much less federated, which is why I partnered with Dan a long time ago in the first place. It's a really hard problem that not many people are trying to solve due to  the easy opt out of centralization.

One boon has been the emergence of  smart contracts and oracles. Ethereum and Augur are really pushing the market towards thinking about these things and that gives developers a better suite of tools to experiment. eDollar I believe is going to launch on Ethereum. This said, the technology simply does not scale (both Ethereum and eDollar) and it's far too much to ask for a production ready financial system. But it's nice to see things like these projects and boardroom.io coming along.

The other elephant is identity and reputation. In general having tools to move value and structuring value in certain configurations is always beneficial; however, you usually need to have some notion about your counterparty for the transaction. For example if you want to send a microfinance transaction, then you need to understand if this person is creditworthy. Generally, governments and central entities are the ones in the identity business and thus this is a big bottleneck for those of us who want something a bit more trustless or those in the developing world where there just isn't anything at all.

In all honesty it's a system. A very complex system with tons of stocks and flows and lots of feedback loops and generic considerations. It's truly hard to draw a boundary around the system in any reasonable place and then governance of the underlying mechanics hasn't been well thought out. I'd recommend reading Donella's Meadow's book thinking in systems (link: http://www.amazon.com/Thinking-Systems-Donella-H-Meadows/dp/1603580557/ref=sr_1_1?ie=UTF8&qid=1439595730&sr=8-1&keywords=thinking+in+systems)  and Alex Plentland's book on Social Physics (link: http://www.amazon.com/Social-Physics-Spread--Lessons-Science/dp/1594205655/ref=sr_1_2?ie=UTF8&qid=1439595778&sr=8-2&keywords=alex+pentland). They give a nice foundation to think about designing these systems properly or at least understanding what can go wrong (especially with the archetypes section in Meadow's book) .

At one point I was a bit too tied up into Bitshares wanting it to win and probably misperceived your intentions, Charles. If I personally had much to do with your aggravation or such, my apologies. I myself have been working on being a more positive person because as you said ... life is too short and stuff.

I wish you the best in your endeavors.

I could have been more graceful as well. There is too much passion in this space and things are always moving too quickly. We tend to forget that there are human beings behind the ideas and keyboards and let the competition get the best of us. Winning ought not be constrained to a project, but rather always the ideas. The whole point is that we are changing paradigms about how money, society and governments should work. Value can now move at the speed of thought, contracts are now digital and self-enforcing and the idea of no one being in charge actually is tangible. It's going to change things and we either all fail together or succeed together regardless of the particular company or project.

For what it's worth, I think the altcoin space is where the best minds and innovation are at today. The bitcoin maximalists and silicon valley types are running around either chained to bitcoin without any context or reason (I guess it's the standard) or are rapidly building business models centralizing or federating technology. They just don't seem to get it. 

Hello Charles, welcome back.

Time for some Neil Young https://www.youtube.com/watch?v=HlhwPXpfSoc

[monsterer]

Have you read @starspirit's proposal for a reworking of pegged assets?

https://bitsharestalk.org/index.php/topic,15880.0.html

If not, what are your own opinions on the where the current design needs work?

[bobmaloney]

Hello Charles, welcome back.

[gamey]

At one point I was a bit too tied up into Bitshares wanting it to win and probably misperceived your intentions, Charles. If I personally had much to do with your aggravation or such, my apologies. I myself have been working on being a more positive person because as you said ... life is too short and stuff.

I wish you the best in your endeavors.

[CLains]

I figured I'd try to bury the hatchet. Life's too short for this stuff.

Way too short. Hmm.. Maybe we should focus on radical life extension instead of crypto.

[IOHKCharles]

I figured I'd try to bury the hatchet. Life's too short for this stuff.

[bytemaster]

Welcome. 

[IOHKCharles]

Good to be back. Anyone have a chance to read? http://qeditas.org/qeditas.pdf

[CLains]

Welcome back 

[IOHKCharles]

I figured I'd come back to say hi.

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