Plan for introducing Privacy (STEALTH) Mode feature asap

[Stan]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.
What will you advise him to do?

I know the whale, even met him last week.
"forking BTS" is a little hotly discussed  these days in China.
most people agree that the BTS2.0 development is amazing, but the operation is not in good status.
seldom believe to run business in BTS is a good choice, people would rather adopt the technology developed by CNX.
this is the case...

Devs, especially @bytemaster and @Stan should take this seriously IMHO.
How can we improve or fix the bad management? If we fix this problem, will they build their businesses on current BTS ecosystem?

Even Muse(no developer,easy function) is on a different chain  . Why would you expect serious businesses build their app on BTS chain instead of their own ? Serious business does not like to be choked by some developer . If they want the tech , at best is to hire BM like Muse  .

Actually, that logic is like jumping to your weaker backup plan immediately rather than take advantage of the combined network effect of multiple businesses on a single network.  This means you have to negotiate all your support infrastructure and on/off ramps all over again.

Look at how easy it is to switch to a separate chain later, if it turns out one of your hypothetical worries does materialize:.  MUSE started out as an asset on BitShares and then switched to its own chain when they decided they needed to for sound business reasons.  Even BitShares 1.0 easily switched to 2.0 when the time came.    Chains are not a long term commitment and it will become common place for them to move to the best new technology from time to time.

So, you always have a fork as an easy backup plan if the main chain doesn't work out for you for any reason.    But prematurely throwing out the other advantages of a ready built supporting community because you have theoretical worries is not something to be considered lightly.    You don't just miss out on the network effect we have now, you miss out on what everybody adds to it over time.

The network effect doesn't come with the code.

Unless you want to take centralized control of a chain to ensure that you have "better management", what would you do differently now that BitShares is managed by its owners?    I guess a whale could keep enough shares for herself to ensure that she always retains voting control.   

[xeroc]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.
What will you advise him to do?

I know the whale, even met him last week.
"forking BTS" is a little hotly discussed  these days in China.
most people agree that the BTS2.0 development is amazing, but the operation is not in good status.
seldom believe to run business in BTS is a good choice, people would rather adopt the technology developed by CNX.
this is the case...

Devs, especially @bytemaster and @Stan should take this seriously IMHO.
How can we improve or fix the bad management? If we fix this problem, will they build their businesses on current BTS ecosystem?

Even Muse(no developer,easy function) is on a different chain  . Why would you expect serious businesses build their app on BTS chain instead of their own ? Serious business does not like to be choked by some developer . If they want the tech , at best is to hire BM like Muse  .

If they have the devs to run a fork, why dont they propose hard forks for bts and INTEGRATE rather than SEPARATE?

If people dont like how cnx is "managing" BTS, then they havent understood that the committee members are those that manage bts .. not CNX .. not ok how they do it? Replace them! Not the with the development process? Then fork the development ..

[btswildpig]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.
What will you advise him to do?

I know the whale, even met him last week.
"forking BTS" is a little hotly discussed  these days in China.
most people agree that the BTS2.0 development is amazing, but the operation is not in good status.
seldom believe to run business in BTS is a good choice, people would rather adopt the technology developed by CNX.
this is the case...

Devs, especially @bytemaster and @Stan should take this seriously IMHO.
How can we improve or fix the bad management? If we fix this problem, will they build their businesses on current BTS ecosystem?

Even Muse(no developer,easy function) is on a different chain  . Why would you expect serious businesses build their app on BTS chain instead of their own ? Serious business does not like to be choked by some developer . If they want the tech , at best is to hire BM like Muse  .

[vegolino]

their logic goes like this.... if I build a better looking house on your land I can claim the land as mine. After all they claimed a whole continent as 'theirs' following this tactic, what are a feature or two on BTS.

CLI users are (and always will be) a very small fraction of Bitshares' user base. Sorry, but you are not that important. It is more important that the masses be able to use said feature than you get "robbed" of it. Anyways, the appreciation of the value of the BTS token, if we are able to further adoption, will in effect remedy the "profit" you could of made from Stealth transfers (or any feature for that matter.) Adoption has always been the end game goal for Bitshares- if it is widely adopted everyone wins, regardless of who owns X, Y or Z feature. Making Stealth transfers available to the masses rather than just CLI users is a good step in that direction. It will take many more steps, but every step is worth taking.

You guys should of realized early on that Bytemaster will heavily influence the direction the Bitshares project will take. If you don't like that, then please just sell your stake and go somewhere else because your negativity is toxic to the community.

 

[Bhuz]

Devs, especially @bytemaster and @Stan should take this seriously IMHO.
How can we improve or fix the bad management? If we fix this problem, will they build their businesses on current BTS ecosystem?

[clayop]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.
What will you advise him to do?

I know the whale, even met him last week.
"forking BTS" is a little hotly discussed  these days in China.
most people agree that the BTS2.0 development is amazing, but the operation is not in good status.
seldom believe to run business in BTS is a good choice, people would rather adopt the technology developed by CNX.
this is the case...

Devs, especially @bytemaster and @Stan should take this seriously IMHO.
How can we improve or fix the bad management? If we fix this problem, will they build their businesses on current BTS ecosystem?

[bitcrab]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.
What will you advise him to do?

I know the whale, even met him last week.
"forking BTS" is a little hotly discussed  these days in China.
most people agree that the BTS2.0 development is amazing, but the operation is not in good status.
seldom believe to run business in BTS is a good choice, people would rather adopt the technology developed by CNX.
this is the case...

 

[giant middle finger]

JESUS F'N CHRIST!

BM HAS A STAKE IN BTS?

WTF?!?!?!?

[GaltReport]

their logic goes like this.... if I build a better looking house on your land I can claim the land as mine. After all they claimed a whole continent as 'theirs' following this tactic, what are a feature or two on BTS.

CLI users are (and always will be) a very small fraction of Bitshares' user base. Sorry, but you are not that important. It is more important that the masses be able to use said feature than you get "robbed" of it. Anyways, the appreciation of the value of the BTS token, if we are able to further adoption, will in effect remedy the "profit" you could of made from Stealth transfers (or any feature for that matter.) Adoption has always been the end game goal for Bitshares- if it is widely adopted everyone wins, regardless of who owns X, Y or Z feature. Making Stealth transfers available to the masses rather than just CLI users is a good step in that direction. It will take many more steps, but every step is worth taking.

You guys should of realized early on that Bytemaster will heavily influence the direction the Bitshares project will take. If you don't like that, then please just sell your stake and go somewhere else because your negativity is toxic to the community.

  - The community is way more tolerant than it needs to be IMHO.  It's like people coming into your home and calling you a bum and your wife a whore...and screaming FREE SPEECH when you tell them to STFU and get out. 

(my Christmas message.  )

[xeroc]

The fee doesnt change for cli users ... effectively .. only what would have been paid to the referral program now goes to the fba .. BUT since the referral program CANNOT work together with stealth, these funds never would have went to the referal program in the first place ... so in the end it does change much for the end user but a fraction of bts profits is redirected to a fba

I'll try to make it more clear in the bsip after the holidays

[abit]

Democracy doesn't mean that majoraty should be able to rob minority. Not only CLI but also other GUI users (for example moonstone) would have to pay the fee. Graphene GUI is not and should not be the only GUI of BTS.

[CoinHoarder]

their logic goes like this.... if I build a better looking house on your land I can claim the land as mine. After all they claimed a whole continent as 'theirs' following this tactic, what are a feature or two on BTS.

CLI users are (and always will be) a very small fraction of Bitshares' user base. Sorry, but you are not that important. It is more important that the masses be able to use said feature than you get "robbed" of it. Anyways, the appreciation of the value of the BTS token, if we are able to further adoption, will in effect remedy the "profit" you could of made from Stealth transfers (or any feature for that matter.) Adoption has always been the end game goal for Bitshares- if it is widely adopted everyone wins, regardless of who owns X, Y or Z feature. Making Stealth transfers available to the masses rather than just CLI users is a good step in that direction. It will take many more steps, but every step is worth taking.

You guys should of realized early on that Bytemaster will heavily influence the direction the Bitshares project will take. If you don't like that, then please just sell your stake and go somewhere else because your negativity is toxic to the community.

[btswildpig]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.

What will you advise him to do?

I know how to fork BTS .
There is a "fork" button on Github . 
Can you send me his skype ? I'll talk him through it .

[yvv]

How much of a market cap hit would BTS take if we weren't working on BTS at all?  How much of a hit would it take if we diluted BTS by 30K per month to fund features?

I have to agree here.
 
...and to think, all we need is another 19K and we will instantly have over 50K businesses (like supermarket chains!) with the ability to process Smartcoin transactions at every cash register at every one of their locations:
https://bitsharestalk.org/index.php/topic,20762.0.html

You will not get something instantly. If you integrate bitshares into odoo pos, this will be very cool, but this does not mean that all 50K odoo users will instantly start to use this feature.

[tonyk]

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.

What will you advise him to do?

Why?
The businessman might not be too keen to building his proverbial garage in a unfinished mall,  mall that has a good chance to be the headquarters of the union of the young alcoholics in 3 mo or less... or something else altogether.