Author Topic: A Call to the Truthcoin Prediction Market  (Read 15510 times)

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Offline biophil

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Re: A Call to the Truthcoin Prediction Market
« Reply #75 on: July 16, 2014, 10:53:52 pm »
I just thought I would update everyone:

(1)  Although toast has expressed a desire to bang out a working version of this, he has been severely distracted by BtsX. The tentative arrangement we discussed did involve (at least) 20% of the Vote-ownership (not coin ownership, please see my presentation draft to learn more about this) going to AGS/PTS holders.

(2)  I am still working on Truthcoin in my spare time, and I may hire one or two freelancers to help. If so, I will feel less inclined to give away the ownership at all (as no one has been helping), or I may airdrop to Bitcoin for the superior network effects. In other words, it remains possible that AGS/PTS owners may "miss out" on their chance to own Truthcoin.

(3)  My feeling is that my project would be much simpler and faster to implement than BtsX (my understanding is that toast agrees). My personal opinion is also that it would be more successful. I would probably be happy if Bitsharestalk made a bunch of noise and diverted some developer talent here (or made some noise at Bitcointalk or something). As the project-owner, I unfortunately am in a bad position to make noise, as it appears selfish.

(4)  In general, I'm hoping that the devs at BTS will learn a lot from their BtsX experience and use that for my project.

AI, I hope I get to participate in some kind of sharedrop that you do; whether that's through PTS/AGS or BTC. I seriously doubt there's any chance you'll get the bitshares/invictus folks to divert energy from BTSX in the forseeable future. I mean, clearly, BTSX is bitshares/invictus. It's the first project idea they had, the reason they founded the company, and the only one (of their ideas) that people are terribly interested in.

I certainly hope you don't take it as a rebuff or an affront that they won't take time away from BTSX to work on your project, since BTSX is simply the thing that makes them what they are. It is my sincere hope that before too long you'll be able to get some bitshares devs working on your project. If you can't wait that long, then I wish you well and I'll keep an eye on truthcoin wherever it ends up.
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Offline carpet ride

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Re: A Call to the Truthcoin Prediction Market
« Reply #76 on: July 16, 2014, 11:19:09 pm »
I just thought I would update everyone:

(1)  Although toast has expressed a desire to bang out a working version of this, he has been severely distracted by BtsX. The tentative arrangement we discussed did involve (at least) 20% of the Vote-ownership (not coin ownership, please see my presentation draft to learn more about this) going to AGS/PTS holders.

(2)  I am still working on Truthcoin in my spare time, and I may hire one or two freelancers to help. If so, I will feel less inclined to give away the ownership at all (as no one has been helping), or I may airdrop to Bitcoin for the superior network effects. In other words, it remains possible that AGS/PTS owners may "miss out" on their chance to own Truthcoin.

(3)  My feeling is that my project would be much simpler and faster to implement than BtsX (my understanding is that toast agrees). My personal opinion is also that it would be more successful. I would probably be happy if Bitsharestalk made a bunch of noise and diverted some developer talent here (or made some noise at Bitcointalk or something). As the project-owner, I unfortunately am in a bad position to make noise, as it appears selfish.

(4)  In general, I'm hoping that the devs at BTS will learn a lot from their BtsX experience and use that for my project.

AI, I hope I get to participate in some kind of sharedrop that you do; whether that's through PTS/AGS or BTC. I seriously doubt there's any chance you'll get the bitshares/invictus folks to divert energy from BTSX in the forseeable future. I mean, clearly, BTSX is bitshares/invictus. It's the first project idea they had, the reason they founded the company, and the only one (of their ideas) that people are terribly interested in.

I certainly hope you don't take it as a rebuff or an affront that they won't take time away from BTSX to work on your project, since BTSX is simply the thing that makes them what they are. It is my sincere hope that before too long you'll be able to get some bitshares devs working on your project. If you can't wait that long, then I wish you well and I'll keep an eye on truthcoin wherever it ends up.

A successful BTSX would fund this project.
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Offline AsymmetricInformation

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Re: A Call to the Truthcoin Prediction Market
« Reply #77 on: July 17, 2014, 03:40:51 pm »
I think it would help if you could summarize how it works. Probably not many people know about the details which matter. Any constructive discussion is appreciated.
I would suggest to summarize truthcoin so as many people as possible can understand it and then have a public discussion with BM on the mumble server.
I guess the crucial question is how truthcoin determines who wins and who loses the bet.

Ah, but that is the whole point of the project! There is a whitepaper and FAQ about just that. It was also the subject of my LTB interview.