Comments from someone when I posted to /r/Namecoin: http://www.reddit.com/r/Namecoin/comments/20m3wu/video_comparison_of_bitshares_dns_vs_namecoin/
Just popping in to point out some innacuracies after watching the video.
- you state "namecoin price per domain is fixed", that is incorrect. Namecoin has been around for years now, the cost of the domains started out at 50 NMC each. They appear to be fixed only for now.
- Bitshares' PoS being better than Namecoin's PoW is a strawman argument, as no extra energy whatsoever is spent mining namecoins. Mining namecoins is virtually free, so long as the Bitcoin network exists.
- You could have put a bit more planning into the video, I am not impressed watching you hum and haw about what you're going to talk about next... but I understand I would probably make a similarly awkward video. Just watch it and edit it before you release it next time, you will be received much better I guarantee it.
- yes and no are not points. Also, I wish you would have elaborated more on what exactly a domain auction is and how it works via bitshares.
- you come off as snarky/rude towards namecoiners by smirking every time you mention how namecoin works. (like duhhh, right guys? Namecoin is soooo dumb and outdated!) We've been around for a lot longer than you, son. Give us some respect.
- who/what do you guys keep looking at off in the far distance when speaking to the camera!??! Jesus! lol
- it is not set in stone that namecoin domain purchase transactions will be eaten by the network, miners may receive them at a later date after registration in the future, namecoin is still in it's infancy.
- wtf is "ageoshare funding"? Is that what you said? And then wrote AGS funding? I looked it up and couldn't find anything about it.
- claiming namecoin has no funding is an outright lie.
- that's where I turned off the video.
All in all, you guys need some serious work on your professionalism, bullying competing coins, and public speaking skills. You failed at all 3 of those in this video.
Interesting feedback... but the answers clearly show that we need to improve our descriptions of things:
1) From the perspective of NMC holders, they are paying a heavy fee to 'miners' who may happen to share work with Bitcoin. The point is it doesn't matter what the 'profit margins' are for the miners, paying them is still an expense on the network.
2) Price fixing even if the price changes by algorithm is still price fixing. In other words, at any given point in time all names are the same price and that price is not set by market forces.
3) The purpose of the video was to get something out there quick, not to spend hours planning and editing.
4) If there are any mistakes regarding funding that would be an honest misunderstanding.