Author Topic: plan for sidechain?  (Read 8334 times)

0 Members and 1 Guest are viewing this topic.

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
Email:bitcrab@qq.com

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
Anyone has interest can check Steemit's 2017 roadmap: https://steem.io/2017roadmap.pdf
The section "Steem Blockchain Feature: Multi-Chain Parallelism" is related to sidechains.

seems the fabric architecture is to solve the problem of  scalability, performance, fault isolation, and modularity, however what Bitshares now need is to interoperate with bitcoin and ethereum blockchain.
Email:bitcrab@qq.com

Offline BunkerChainLabs-DataSecurityNode

have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?

Their all based on Graphene. If one develops a new feature like stealth, sidechains,  warp bubble, etc. Bitshares  can incorporate it at a fraction of the cost. How cool is that?

I think the 5% sharedrop has a more measurable effect. Someone made a post talking about the value a while back:

https://steemit.com/peerplays/@steempower/peerplays-drops-usd600-000-usd-of-value-into-the-bitshares-ecosystem

Mind you that was based on the market rate at that time of roughly $12-$13 per Peerplays. Our market closed 4X from that later.. effectively providing $2.4 million of value to BTS holders... but we will see just how much it turns out to be.

Taking from other projects depends on licensing.
+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

Offline konelectric

have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?

Their all based on Graphene. If one develops a new feature like stealth, sidechains,  warp bubble, etc. Bitshares  can incorporate it at a fraction of the cost. How cool is that?
Tweeter: Konelectric. Steemit: Konelectric. Youtube: Patrick Konshak. Success Council: Yourship. Mumble: Yourship or Konelectric.

Offline DMo09

  • Full Member
  • ***
  • Posts: 101
    • View Profile

[/quote]
in China there are DACPLAY,  and a planned project YOYOW(you own your words) which is also based on graphene.
[/quote]

DACPLAY is alive?!
Who's working on it?
Where are they located?
What have they accomplished?
When will they release something?
Why are they hiding?

Offline abit

  • Committee member
  • Hero Member
  • *
  • Posts: 4664
    • View Profile
    • Abit's Hive Blog
  • BitShares: abit
  • GitHub: abitmore
Anyone has interest can check Steemit's 2017 roadmap: https://steem.io/2017roadmap.pdf
The section "Steem Blockchain Feature: Multi-Chain Parallelism" is related to sidechains.
BitShares committee member: abit
BitShares witness: in.abit

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org
in China there are DACPLAY,  and a planned project YOYOW(you own your words) which is also based on graphene.
Email:bitcrab@qq.com

Offline tbone

  • Hero Member
  • *****
  • Posts: 632
    • View Profile
  • BitShares: tbone2
I'm pretty sure you don't know any more than anyone else.
I wouldn't go so far .. BunkerChain labs is working closely with BlockTrades who has two very high profile devs for graphene ..
Pretty damn sure will PeerPlays have a positive effect on Bitshares .. as has Steem(it)

I agree that Peerplays will likely have a positive effect on Bitshares.  That's partly why I own a nice bunch.  Of course, I own even more Steem.  And I've said a few times that Steem is one of the best things that has happened to Bitshares, the full effect of which we have not yet seen.  But that's all beside the point.  In my previous post, I was simply refuting the conclusion that Steemit's roadmap has anything whatsoever to do with what what Dan may be tinkering with in his spare time. 

Offline blahblah7up

  • Full Member
  • ***
  • Posts: 192
    • View Profile
have a positive effect on Bitshares .. as has Steem(it)

By what measure, pray tell?
« Last Edit: January 21, 2017, 04:16:24 pm by blahblah7up »

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
I'm pretty sure you don't know any more than anyone else.
I wouldn't go so far .. BunkerChain labs is working closely with BlockTrades who has two very high profile devs for graphene ..
Pretty damn sure will PeerPlays have a positive effect on Bitshares .. as has Steem(it)

Offline tbone

  • Hero Member
  • *****
  • Posts: 632
    • View Profile
  • BitShares: tbone2
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org

You can stop wondering.. he wasn't. Have you read the recent steemit roadmap? The word bitshares and all the other words you listed above other than steemit do not appear in that document that is supposed to layout the next year for steem.

If it was on the roadmap, I would have referred to that, don't you think?  So yeah, obviously he's not working on it officially.  I said behind the scenes.  Who knows what he's tinkering with in his free time.   I'm pretty sure you don't know any more than anyone else.

Offline BunkerChainLabs-DataSecurityNode

@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org

You can stop wondering.. he wasn't. Have you read the recent steemit roadmap? The word bitshares and all the other words you listed above other than steemit do not appear in that document that is supposed to layout the next year for steem.

+-+-+-+-+-+-+-+-+-+-+
www.Peerplays.com | Decentralized Gaming Built with Graphene - Now with BookiePro and Sweeps!
+-+-+-+-+-+-+-+-+-+-+

Offline 天籁

  • Hero Member
  • *****
  • Posts: 744
    • View Profile
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org
+5%

Offline tbone

  • Hero Member
  • *****
  • Posts: 632
    • View Profile
  • BitShares: tbone2
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.

The best way to substantially mitigate this risk is probably to have known entities as witnesses.  For starters, below is a list of 10 entities that might participate.  And there may be other entities that I'm not thinking of, especially in China.  @bitcrab?

The remaining slots could be filled by known entities outside the graphene ecosystem and/or a few of the most prominent, publicly-known witnesses within the ecosystem.   

Anyway, I wonder if Dan has secretly been working on a solution behind the scenes.  It wouldn't surprise me.  Anything announced along these lines would be a pretty big development.

1. Steemit Inc.
2. OpenLedger
3. BlockPay
4. Transwiser
5. Blocktrades
6. Peerplays
7. BitKapital
8. BitGate
9. Chainsquad
10. Busy.org

Offline bitcrab

  • Committee member
  • Hero Member
  • *
  • Posts: 1928
    • View Profile
  • BitShares: bitcrab
  • GitHub: bitcrab
@bytemaster has stated a possible solution, in which top 15 witnesses do MULTI-SIG to relevant bitcoin transactions, however "In theory the witnesses could collude to steal all deposited BTC funds."

in my words the "risk" refer to this, I don't know whether there are ways to avoid this kind of risk.
Email:bitcrab@qq.com