Author Topic: Investment decisions: Stan Larimer and Charles Hoskinson  (Read 9740 times)

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Offline bitcool

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Ethereum and Charles's has no relationship with NXT.
At least one of the NXT founder(s) was quite active on this board.

Offline luckybit

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Hello,
    I was just doing some research before making any investment decisions in Bitshares and/or related projects. From this thread it appears that there is some bad blood between Invictus Innovations ex-CEO Charles Hoskinson and current CEO Stan Larimer:
https://bitcointalk.org/index.php?topic=325425.60

Unfortunately this reflects badly on *both* the related projects:
   - Invictus Innovations, Inc
   - Next Cryptography Inc and the upcoming Ethereum project: http://ethereum.org/ethereum.html

Sadly it makes it slightly harder to make any investment decisions, so I am looking for some clarifications from anyone with some insight into the matter. It would be a big help to anyone looking to invest in any of these projects, confidence wise - much appreciated.

Some related thoughts/questions:

As the original Bitshares white paper was co-authored by both Stan and Charles , so Ethereum Vs Bitshares are competing products and both born from the same Bitshares white paper - thoughts?
   "Ethereum and some other projects I'm working on are going to completely replace the need for keyhotee and bitshares"
   https://bitcointalk.org/index.php?topic=325425.msg4285810#msg4285810

There is also this message from one "ravenshore" that suggests a link still exists between Bitshares and Ethereum(?):

https://bitsharestalk.org/index.php?topic=1566.msg17938#msg17938
"Very large design team from the Bitshares, colored coin, and mastercoin communities also some major innovations with the wallet client."
nextcoin

Some references:

Charles Hoskinson:
http://www.linkedin.com/pub/charles-hoskinson/29/983/662
"Past: Acting Chief Executive Officer at Invictus Innovations Incorporated"
"Current: Chief Executive Officer at Next Cryptography Inc." : Any relashionship to NXT http://www.nxtcrypto.org/nxt-coin/what-nxt#  ?
Profile on bitcointalk: https://bitcointalk.org/index.php?action=profile;u=102392
Ethereum : http://ethereum.org/ethereum.html

Stan Larimer
These forums :-) https://bitsharestalk.org/index.php?action=profile;u=5
https://bitcointalk.org/index.php?action=profile;u=611

Bitshares Investor:
http://www.linkedin.com/in/lixiaolai


Ethereum and Bitshares follow totally different design principles but attempt to tackle the same problem. Ethereum is a lot more modular and seems much more ambitious. It's designed almost in the Linux model where there can be different distributions of it and it's based around contracts written in assembly language.

Bitshares is C++, is not as modular but designed more around Bitcoin's code base. So while Ethereum is totally new and much more high risk the upside is a lot higher. Bitshares on the other hand isn't totally new so it's less of a risk of it not working but it's also not as ambitious and flexible from the start. Bitshares could probably be extended to become flexible like Ethereum is planning to be but Ethereum is trying to be the most flexible from the start so that is why I think of it as the Linux distribution of distributed contracts.

I don't think its a bad thing that there is Ethereum, Bitshares, Mastercoin and Colored Coin. Invest a bit in them all if you can get ROI. With PTS you will get ROI. I don't know enough about Ethereum to tell you how to even invest in it and Mastercoin you will get ROI but probably not as quickly.
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Offline toast

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As the original Bitshares white paper was co-authored by both Stan and Charles , so Ethereum Vs Bitshares are competing products and both born from the same Bitshares white paper - thoughts?
   "Ethereum and some other projects I'm working on are going to completely replace the need for keyhotee and bitshares"
   https://bitcointalk.org/index.php?topic=325425.msg4285810#msg4285810

[next crypto] Any relashionship to NXT http://www.nxtcrypto.org/nxt-coin/what-nxt#  ?

Ethereum is not so much a direct competitor as much as a platform on which you could build a competitor. Analogy: Dan is making a new website, while Charles is making a new programming language suitable for building websites.

Ethereum and Charles's has no relationship with NXT.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline kalori

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Hello,
    I was just doing some research before making any investment decisions in Bitshares and/or related projects. From this thread it appears that there is some bad blood between Invictus Innovations ex-CEO Charles Hoskinson and current CEO Stan Larimer:
https://bitcointalk.org/index.php?topic=325425.60

Unfortunately this reflects badly on *both* the related projects:
   - Invictus Innovations, Inc
   - Next Cryptography Inc and the upcoming Ethereum project: http://ethereum.org/ethereum.html

Sadly it makes it slightly harder to make any investment decisions, so I am looking for some clarifications from anyone with some insight into the matter. It would be a big help to anyone looking to invest in any of these projects, confidence wise - much appreciated.

Some related thoughts/questions:

As the original Bitshares white paper was co-authored by both Stan and Charles , so Ethereum Vs Bitshares are competing products and both born from the same Bitshares white paper - thoughts?
   "Ethereum and some other projects I'm working on are going to completely replace the need for keyhotee and bitshares"
   https://bitcointalk.org/index.php?topic=325425.msg4285810#msg4285810

There is also this message from one "ravenshore" that suggests a link still exists between Bitshares and Ethereum(?):

https://bitsharestalk.org/index.php?topic=1566.msg17938#msg17938
"Very large design team from the Bitshares, colored coin, and mastercoin communities also some major innovations with the wallet client."
nextcoin

Some references:

Charles Hoskinson:
http://www.linkedin.com/pub/charles-hoskinson/29/983/662
"Past: Acting Chief Executive Officer at Invictus Innovations Incorporated"
"Current: Chief Executive Officer at Next Cryptography Inc." : Any relashionship to NXT http://www.nxtcrypto.org/nxt-coin/what-nxt#  ?
Profile on bitcointalk: https://bitcointalk.org/index.php?action=profile;u=102392
Ethereum : http://ethereum.org/ethereum.html

Stan Larimer
These forums :-) https://bitsharestalk.org/index.php?action=profile;u=5
https://bitcointalk.org/index.php?action=profile;u=611

Bitshares Investor:
http://www.linkedin.com/in/lixiaolai
PTS : PoH4dkPiT2oKb1eobcSyPGSsi8Nuz4bs3t