Author Topic: DACIndex.com now live  (Read 7037 times)

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Offline Stan

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Re: DACIndex.com now live
« Reply #75 on: March 07, 2014, 11:13:23 pm »
Seriously, just incentivize the market to duke it out for the big prizes you set up to give to the winner.  If you try to pick winning projects now YOU WILL BE WRONG but if you just say "Whoever is the most successful Invictus DAC as judged by profitability for the token holders in one year gets <big pile of money>", do the same thing again in year two but the guy who won last year can't win this year.   

Don't predict outcomes, reward them.  The market will solve your problem and you'll only pay for the best solution.

Bounties to this point have been specific and task oriented, outsourced R&D really.   This is different.

Out of this entire thread, I have to say this is the most lucid idea out there.  It is SO simple to attain too...

However, I can also say that in the grand scheme of things, Invictus has, after only 4 months they have a working beta in this BLEEDING edge of technology.  In my humble opinion there is NO good reason to try to release numerous DACs all at once and this would put Invictus in a place where they are having to rush things that honestly do not need to be rushed.  I don't care who comes out with the first banking DAC...I care about who comes out with the first FUNCTIONAL AND SECURE one.  These things take time.  How long did it take for Bitcoin to catch on again?  Some might even say it STILL hasn't caught on. 

With that said, instead of putting your relatively large amount of capital to work posting bounties (like everyone else), POST A CHALLENGE for ANY team who breaks Bitshares.  If they win, they receive an ample reward in the next, UPGRADED Bitshares chain and a temporary job with Invictus (maybe 1 year?).  At that point, they are given the opportunity to fight it out yet again in ANOTHER competition.  Developers who break and help strengthen BitShares will become FAMOUS among the Crypto Community and this will, in turn, bring more Devs who want to get that kind of recognition AND will enrich the entire crypto world.  What better way to bring value to PTS/AGS than actually contributing something amazing to the world? 

I have seen some of those shitty places and I would give my PTS/AGS just to see it happen.  Don't get profit and our real reason on this planet confused.  Profit is not the master of Purpose.

All kinds of great points here!  Especially the one about setting the right pace.

One of the best ways to increase the value of PTS is to succeed at XTS.
Doubling the value of PTS doubles the power of the AGS fund.
Doubling the value of XTS increases the power of the AGS by ~six!
Doubling the power of AGS doubles the number of DACs that can be developed.
Increasing the number of DACs increases the value of PTS.
Rinse and repeat!

There is a natural rhythm we need to get used to.  A harmonic frequency that causes amplification, not cancellation of available energy.  DACs need to arrive at the right natural frequency to build energy, not interfere with it.

Let the energy peak before you tap it.  Get your Delorean up to at least 88 miles per hour and your'e gonna see some serious, er, fertilizer!

So timing is everything. 

Now, somebody please give me a nice linear fourth-order differential equation that sets the right pace!   :)






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Offline bytemaster

Re: DACIndex.com now live
« Reply #76 on: March 07, 2014, 11:47:07 pm »
Thank you, bitbro! Half the freaking postings around here are from this Adam guy, who clearly does not feel like it's a good fit for him. He complains that his time is 150% committed and he doesn't have time for anything, yet he comes back here again and again to waste the time of these developers, who keep patiently responding to his crud. Move on already. How many times do you keep calling a girl who clearly isn't into you?

Adam has clearly shown to be deeply committed and invested to making this whole DAC idea work.  He has written, conversed, and added a ton of value to this space.  What have you done besides shit on his work and say that he is wasting his time.  Honestly if he isn't involved or has walked away, then that is a strong indication that we should leave as well.

Adam has been involved with Invictus since the beginning.  He was the first person I sought out to pitch the BitShares X idea too.  He has contributed a lot to making this happen and for that I am grateful.   Unfortunately, there was a rift in the space time continuum when "mine and anti-mine" collided with the decision to remove mining from BTS and the launch of AGS.   

Quote
I believe that making BTS 100% premined is a negative

I think the only way to repair this rift is to take the forum into the anomaly and create a static warp shell...  http://www.youtube.com/watch?v=Vr-8F0PWyLY

Since "mine and anti-mine" first collided the anomaly has grown with every decision that we have made that favors existing PTS and AGS holders over those who have not yet gotten involved in the community.    I have been accused of being Darth Vadar...



The only problem is that Darth Vadar altered it for the worse... which means that from Adam's perspective changes that benefit AGS and PTS holders is seen as for the worse.  This implies that he is in favor of us taking actions that would harm existing AGS and PTS holders and instead benefit some other group of people.  His comments and angry posts on this forum have demonstrated a complete lack of consideration for the best interest of the community.   

Even if you disagree with us there are civil ways to help us improve and correct mistakes that don't involve stirring up an angry mob.  As Adam has a direct line to communicate with me by phone, skype, etc and I always carefully consider and value his opinion, it seems entirely unprofessional, inconsiderate and counter-productive to approach us on the forum the way that he has.

I am all for free and open discussion and expressing of concerns in public, but there is also an aspect of being a team player and considering the fact that his actions help no one and only hurt the project that he is heavily invested in I must ask where is the logic?

   




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Offline rysgc

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Re: DACIndex.com now live
« Reply #77 on: March 08, 2014, 12:01:41 am »
I don't know him but he sure is gifted with the ability to shake things up and cause small mutinies in this peaceful community. It's not about what he's telling but in the way he's telling it.
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Offline barwizi

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Re: DACIndex.com now live
« Reply #78 on: March 08, 2014, 07:40:56 am »
it's more about long term PTS holders + promises and less about AGS
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Offline jae208

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Re: DACIndex.com now live
« Reply #79 on: March 08, 2014, 10:27:13 am »
Quote
The only problem is that Darth Vadar altered it for the worse... which means that from Adam's perspective changes that benefit AGS and PTS holders is seen as for the worse.  This implies that he is in favor of us taking actions that would harm existing AGS and PTS holders and instead benefit some other group of people.  His comments and angry posts on this forum have demonstrated a complete lack of consideration for the best interest of the community.

 +5%

This right here is exactly why I have said that I personally trust Bytemaster. Sure, the deal may have changed a bit but I am actually happier about the change and as PTS/AGS holders we have benefited more because of it, this community is better off because of it. Plus, for funds can be used in making meaningful progress rather than mining. I think the people that were more interested in mining Bitshares and dumping them as soon as they were mined are the ones that are upset about this change.


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Offline fuzzy

Re: DACIndex.com now live
« Reply #80 on: March 09, 2014, 06:28:16 pm »
I hope you guys dont mind, but I'd like to help iron things out a bit.  Of course, if I am incorrect in any place please let me know.  Adam is the host of the first of a growing media network called "Let's Talk Bitcoin".  He literally did what most people are not willing to do and put his ass on the line to establish his network from the ground up.  This takes balls.  He gets the highest of regard from me. 

However we are in a place that is no longer as cut and dry as "hey we can store data on a decentralized blockchain instead of using centralized servers".  I know you guys wouldn't believe it, but the things he has said on here actually are pretty solid.  He gives very good advice and has the ears (which I am sure he uses) of other very brilliant engineers in the field.  He is also trying to incorporate new tech into his network everywhere he can...so some of the criticisms are legit in my opinion. 

Where I think we run into a problem is that with Adam, it seems like he has a healthy dose of idealism (why I personally love his show) that still can sometimes make less tech-centered minds smash heads with those who are on the engineering side of things.  I trust Adams intentions just like I trust Bytemasters.  They obviously consider two slightly different paths as being necessary with respect to the roll-out of this. 

However, I think most of the "disruptive" "FUD" he puts on this forum is with regard to outreach and teaching the community--which is not FUD at all.  THIS IS IMPORTANT and is why I am trying to build something behind the scenes (and learn everything needed to appropriately help others understand). 

When I heard Brian say in his latest interview that they would be getting real shark tanks and filling them with actual sharks I couldn't help but think..."why the hell would they prioritize this ahead of teaching people about the very basics of their technology?".  I think it is precisely decisions like this that make one question the focus of investment of AGS funds given by the community.

With that said, I want to take the opportunity to thank you Adam for all you have done for the crypto community.  It does not go unnoticed by many of us here on the forums and for those who do not understand, I hope they will realize your intention is to HELP the community and not spread "FUD". 

On another note, I have to say that consensus technology...from what I have learned, does not necessarily need to rely solely on mining to remain decentralized.  We are still in the nose-bleeding edge of this tech and the entire community of devs will eventually come to a consensus on what way is best to move forward.  Big changes will be necessary for ALL of the teams working in this area if they are to continue to exist as huge leaps in tech will be unavoidable. 

With that said, holding Invictus to a particular avenue is unnecessary as they will be forced to change.  I do, however, and always will have concerns for centralization of this power (precisely why I fear the "one-blockchain to rule them all of ethereum). Thanks for DACIndex.com, and please keep throwing "FUD" because it all keeps us honest with ourselves and reminds us we didn't get into crypto to make a more sophisticated version of the Debt and Death Paradigm we currently have today, but to fundamentally change the reward systems upon which we base all human interaction. 

This is important...

As for Bytemaster...thanks for doing your best to help the initial investors as you move forward with changes that need to be made.  This will NOT ALWAYS BE POSSIBLE, but the fact that you do it when you can makes me realize where your intentions are and that makes me continue to be a long-term holder.  It also makes me realize you listen to the community.  I distinctly remember positing the very idea of making sure all changes benefit PTS holders as opposed to hurting their bottom line very early on in the forums--you said you would take it into consideration, and obviously did). 

Now lets stop bickering, realize we will all have our differences and come to a consensus on one thing--How Crypto-Equities can lift the world out of poverty and debt-slavery!

*Amen*
« Last Edit: March 09, 2014, 06:55:14 pm by fuznuts »
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Offline bytemaster

Re: DACIndex.com now live
« Reply #81 on: March 09, 2014, 08:42:09 pm »
Fuznuts, you made a good post.   

Some things to realize about Brian Page.... he has a flair for things that grab attention and may not be practical.  His job is to get attention and he thinks outside the box.   Whether or not having actual sharks makes sense as something that would attract people I do not know.  Brian is still learning his target audience and is pulling from experience he has in other fields where 'stunts' generate attention and thus sales.  Gregory Wexler and his wife Amanda are working in the background with Brian to keep things in perspective with a focus on return on investment.   Brian is doing a great job overall.         

Also note that Brian has been told that the conference should earn a profit, I have given him financial incentives to minimize the use of AGS funds and maximize the revenue from ticket sales.   If everything works as planned the conference will cost the AGS holders nothing, generate a lot of publicity, and Brian will have earned a small profit for a job well done.   
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Offline xeroc

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Re: DACIndex.com now live
« Reply #82 on: August 02, 2014, 03:51:14 pm »
Can you add bitsharesX? Pls
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Offline liondani

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Re: DACIndex.com now live
« Reply #83 on: August 02, 2014, 04:02:28 pm »
Can you add bitsharesX? Pls

it belong to a crypto 3.0 list not here!

Offline xeroc

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Re: DACIndex.com now live
« Reply #84 on: August 02, 2014, 04:12:32 pm »
Lol .. well said +5%
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Offline xeroc

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Re: DACIndex.com now live
« Reply #85 on: September 09, 2014, 07:26:12 am »
it seems this page is close to 'unmaintained' :-(
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Offline santaclause102

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Re: DACIndex.com now live
« Reply #86 on: September 09, 2014, 08:06:16 am »
Fuznuts, you made a good post.   

Some things to realize about Brian Page.... he has a flair for things that grab attention and may not be practical.  His job is to get attention and he thinks outside the box.   Whether or not having actual sharks makes sense as something that would attract people I do not know.  Brian is still learning his target audience and is pulling from experience he has in other fields where 'stunts' generate attention and thus sales.  Gregory Wexler and his wife Amanda are working in the background with Brian to keep things in perspective with a focus on return on investment.   Brian is doing a great job overall.         

Also note that Brian has been told that the conference should earn a profit, I have given him financial incentives to minimize the use of AGS funds and maximize the revenue from ticket sales.   If everything works as planned the conference will cost the AGS holders nothing, generate a lot of publicity, and Brian will have earned a small profit for a job well done.
Since we know a member of the real shark thank. Why not hold a bitshares Shark tank. On the board: Dan, Kevin, else. Maybe also Vitalik if you want to do it in cooperation with Ethereum. It wount bring Kevin the high tv ratings but he can sharpen his profile and reputation and show ppl that he has (investment) skills outside of the product line of a normal shark tank show which is not what serious investors look for really.

Offline cass

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Re: DACIndex.com now live
« Reply #87 on: September 11, 2014, 07:39:28 pm »
it seems this page is close to 'unmaintained' :-(

indeed, really outdated! any feedback on this?  Adam?
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Offline CLains

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Re: DACIndex.com now live
« Reply #88 on: September 12, 2014, 03:25:23 pm »
Fuznuts, you made a good post.   

Some things to realize about Brian Page.... he has a flair for things that grab attention and may not be practical.  His job is to get attention and he thinks outside the box.   Whether or not having actual sharks makes sense as something that would attract people I do not know.  Brian is still learning his target audience and is pulling from experience he has in other fields where 'stunts' generate attention and thus sales.  Gregory Wexler and his wife Amanda are working in the background with Brian to keep things in perspective with a focus on return on investment.   Brian is doing a great job overall.         

Also note that Brian has been told that the conference should earn a profit, I have given him financial incentives to minimize the use of AGS funds and maximize the revenue from ticket sales.   If everything works as planned the conference will cost the AGS holders nothing, generate a lot of publicity, and Brian will have earned a small profit for a job well done.
Since we know a member of the real shark thank. Why not hold a bitshares Shark tank. On the board: Dan, Kevin, else. Maybe also Vitalik if you want to do it in cooperation with Ethereum. It wount bring Kevin the high tv ratings but he can sharpen his profile and reputation and show ppl that he has (investment) skills outside of the product line of a normal shark tank show which is not what serious investors look for really.

 +5% +5%

Now is the excellent time to resurrect this idea!

Offline donkeypong

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Re: DACIndex.com now live
« Reply #89 on: September 12, 2014, 05:03:34 pm »

indeed, really outdated! any feedback on this?  Adam?

He changed his name to Eagleeye. Didn't you know?

Just kidding.