Author Topic: ByteMaster and Sunny King Shop Talk--Thursday, May 8th @ 4:00-6:00PM EST  (Read 16234 times)

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Offline donkeypong

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That was the real Sunny King. Here's the imposter:

Offline Sentinelrv

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Has this been posted anywhere yet?

Yes, I made up the transcript here...

http://www.peercointalk.org/index.php?topic=2794.0

Sunny King agreed to talk? I think it never happened before.

It's was once over IRC:
https://bitcointalk.org/index.php?topic=313108.0

PS: Sunny King nice guy  :)

The person in IRC was confirmed by Sunny King to be an impostor, sorry.

Offline solaaire

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Offline santaclause102

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I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.


I am impressed. Many others I supposed  too. Give us please your ETH tipping address .... hm, sorry, your BTC/PTS tipping address so we have all the oportunity to donate  a couple of frappuccinos...
Posts like this just help to act out aggression and are hate driven.
Fuz' last post expressed his own opinion and gave the reasons for why he feels so. It also explicitly stated what is fact and what is supposition. 
Can we not all agree on some basic discussion culture without personal offence?

Delulo, you are an invaluable member of this community man.  Now when are you going to be hosting a chat with Stallman?
Thanks man! I wrote him quite a long reply and added that there is time to get back to me. I think he also is travelling atm...

Offline santaclause102

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I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.


I am impressed. Many others I supposed  too. Give us please your ETH tipping address .... hm, sorry, your BTC/PTS tipping address so we have all the oportunity to donate  a couple of frappuccinos...
Posts like this just help to act out aggression and are hate driven.
Fuz' last post expressed his own opinion and gave the reasons for why he feels so. It also explicitly stated what is fact and what is supposition. 
Can we not all agree on some basic discussion culture without personal offence?

My apologizes. I am not proud for my last posts either. But it is not hate driven, really! I don't even know him personnaly... Just was uppset at that time with what i had read...
I say official sorry to Charles and will delete the last posts.
Thanks! A constructive and in general welcoming attitude towards everyone is an asset of its own within a community supporting a cause and the devs behind the cause. No one is perfect and forgiving is the most noble quality which in the end will also bring success along the way.

Offline fuzzy


I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.


I am impressed. Many others I supposed  too. Give us please your ETH tipping address .... hm, sorry, your BTC/PTS tipping address so we have all the oportunity to donate  a couple of frappuccinos...
Posts like this just help to act out aggression and are hate driven.
Fuz' last post expressed his own opinion and gave the reasons for why he feels so. It also explicitly stated what is fact and what is supposition. 
Can we not all agree on some basic discussion culture without personal offence?

Delulo, you are an invaluable member of this community man.  Now when are you going to be hosting a chat with Stallman?
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline liondani

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I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.


I am impressed. Many others I supposed  too. Give us please your ETH tipping address .... hm, sorry, your BTC/PTS tipping address so we have all the oportunity to donate  a couple of frappuccinos...
Posts like this just help to act out aggression and are hate driven.
Fuz' last post expressed his own opinion and gave the reasons for why he feels so. It also explicitly stated what is fact and what is supposition. 
Can we not all agree on some basic discussion culture without personal offence?

My apologizes. I am not proud for my last posts either. But it is not hate driven, really! I don't even know him personnaly... Just was uppset at that time with what i had read...
I say official sorry to Charles and will delete the last posts.
« Last Edit: May 08, 2014, 06:45:21 pm by liondani »

Offline santaclause102

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I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.


I am impressed. Many others I supposed  too. Give us please your ETH tipping address .... hm, sorry, your BTC/PTS tipping address so we have all the oportunity to donate  a couple of frappuccinos...
Posts like this just help to act out aggression and are hate driven.
Fuz' last post expressed his own opinion and gave the reasons for why he feels so. It also explicitly stated what is fact and what is supposition. 
Can we not all agree on some basic discussion culture without personal offence?

Offline liondani

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Is there a place where we can see exactly where your funding is coming from?  Is there transparency to a degree that anyone can audit your funding at present?  These are very solid questions that everyone should be asking before considering investing.

 +5% +5% +5%

Offline fuzzy

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be friendly and peaceful fuz!
*skepticism should be directed towards systems / incentive structures and not against people.

I appreciate charles' presence here on the forum. Both communities win and can colaborate! Both sides loose in a war (always!), friendly collaboration makes everyone gain. Also being friendly on a personal/individual level is the only possible basis to criticize the other one's systems in a rational and constructive way. I don't see any contradiction with my critique of ethereum and a welcoming attitude towards its creators.

I appreciate that perspective and also share it.


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Specialized ASICs and big money will not be required for him to have access...it is my sincere hope he can appreciate this ease of access!

Fuz you have been spreading this FUD for weeks throughout many channels. We do not endorse ASICs and have gone on record many times specifically stating that our goal is to have an ASIC immune CPU friendly algorithm. It is even listed as a research problem for the CCRG agenda. It is a lie. Please stop saying it.

As for funding, we have received no outside investment. 100 percent of Ethereum's operations have thus far been covered by people within the project including myself. We have no relationship with Goldman Sachs or any bank nor will receive an investment from them. I campaigned in 2008 for Ron Paul in Colorado, Iowa and New Hampshire against the corruption of banks and find your recent comments enormously offensive to both my history in this space and to the people working on the Ethereum project.

 

I specifically recall you speaking of using specialized ASICs.  I do not intentionally spread "FUD".  With that said, the context may have been slightly different to what you are thinking because although you speak of trying to keep things CPU friendly in many of your interviews, it also has been basically admitted that this will only create ASIC-resistance--we know where that always ends (specialized ASICs).  To me, I have learned my lesson on ASIC-resistance, first from litecoin and even here with PTS's "memory-hard" mining.  Botnets are no different from ASICs with regard to centralization--but I do not see much about that.  Perhaps I need to read more.  Still queezy in the stomach....

With regard to Goldman Sachs...all people are able to judge for themselves if they want to support something with Ex-Goldman Sachs advisors/analysts.  I am not and it is hard to see how anyone who worked for a libertarian campaign would be willing to.  I am only one person, but is it not fair for me to say "no thanks" to that proposition?  I simply tell people there is potentially a very real danger there.  Sure they may be great people...but they also may not be--considering the institution for which they at one time chose to work, I for one am not willing to take the risk of supporting something that may have them invested in any way.  Can we seriously say there is such a severe lack of talent out there that we need to bring people who worked for the Robo-signing "Market-Makers" into the development of what you want to make the New Internet? 

I will gladly change my mind if you can show me quotes of these individuals resigning angrily from Goldman:  https://www.youtube.com/watch?v=2nPzUnvyb3w  pretty sure this guy is not one of the GS guys you have working for you, but if so I apologize. 

Is there a place where we can see exactly where your funding is coming from?  Is there transparency to a degree that anyone can audit your funding at present?  These are very solid questions that everyone should be asking before considering investing. 
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline xeroc

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I am impressed. Many others I supposed  too. Give us please your ETH tipping address .... hm, sorry, your BTC/PTS tipping address so we have all the oportunity to donate  a couple of frappuccinos...
A .. come on .. really?

Offline donkeypong

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I'm happy if they're cooperating and I'm not trying to make things worse. But if Hoskinson is going to post these supposedly conciliatory messages in the Bitshares forum, I'd just suggest that he try not to lace them with these underhanded accusations. Read any of his longer messages; there's always bitterness and accusations woven in there, under the veil of supposedly taking the high road with Ethereum. I appreciate all the good stuff and would prefer to focus on that...and the future.

Taking the high road.

« Last Edit: May 07, 2014, 10:06:30 pm by donkeypong »

Offline santaclause102

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I dont know about the video and its circumstances but I am sure there are always two to make a fight. I just hope we can leave all the childish stuff behind one day... 


Offline donkeypong

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It was Dan Larimer who then recorded a hidden cam video of Vitalik answering a loaded question.

I have seen that video and I think you've seriously overreacted to it. Dan Larimer did not ask a "loaded" question; it was fair, open-ended and did not presume any particular response. There are many other people in the frame who were watching Vitalik and Dan, at least ten or so who were crowding around to hear his answer (which he could have declined to give or said "we're still working on that" if he'd not had a good response). It's very obvious from Vitalik's reaction and body language that he knows it's a public answer; his response is not private, but being published to the community. At times, he looks towards whoever was holding up the camera to record. Come on, dude, Vitalik's not an idiot, and that camera was in plain sight. Dan Larimer's question simply asked how Ethereum plans to process all that activity, and it was a reasonable, fair question that a lot of others in the Bitshares, Mastercoin, and NXT communities had wondered about after seeing all the pomp and circumstance of Ethereum's supposed IPO. I'm glad you guys are smoking the peace pipe. I don't think dredging up stuff like this and mischaracterizing it is going to help your cause at all, either for being cooperative or for having Bitshares community members help support Ethereum's work. You can do better.

Offline JoeyD

I'll try to get skype up and running, but it seems I'll have to install another operating system to get that to work. That still leaves the problem that skype is not an open discussion platform and at best you'll only be able to address me personally and not all the others that have similar concerns as I do.

I'm inclined to agree in principle. It does seems strange to witness a lot of Ethereum hostility when OT actually presents a much greater existential threat to BitShares X. Ethereum is a fairly foundational technology that will be interoperable with everything from Ripple to Bitshares. Also it is the only platform being developed that can currently enable general purpose autonomous agents living on blockchain. It seems such things would be useful for funds like AGS and management of distributive orgs.
In the mean time I think you went to far when you used the word hostility, especially considering  the discussions I've seen here. I agree that opinions about Ethereum might differ quite a bit from your own, but Bitcointalk is a helluva lot more hostile towards your project. There have been discussions on this forum how Ethereum would be a great fit as one of the DAC-chain projects and I bet people would even be prepared to alot AGS-funds for it. Hell Ethereum is even listed on the bitshares website as one of the possible blockchain solutions to certain categories of DACs. Not being convinced by your design decisions or voicing concerns about aspects of your project like PoW and a single vulnerable blockchain, is not the same as hostility.

I have no information about what's been going on between you and Dan Larimer. Personally I have not noticed Larimer speaking negatively about you and I have even seen him and other Invictus-employees, as you call them, jump in to defend your project and the people involved on several occasions on this forum. This makes your assessment of an act of aggression a bit strange from my point of view. Also Dan Larimer is not the only one and most certainly not the biggest celebrity in the CC-world to have raised concern about the exact same "loaded question" and the technical feasibility or risks of your proposed design. In those discussions I have not encountered anyone who had seen or referenced the video you've mentioned. Although the video might not be made in the way you would have liked it, I think you're reading much more into it than what it is. It's not like Larimer was the only one recording or asking questions and it was very clear (at least to me it was) that the video was about DL's view on one aspect of the design of your project.
« Last Edit: May 07, 2014, 09:32:13 pm by JoeyD »

charleshoskinson

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Offline JoeyD

Could you provide specific examples?
I could and to be more precise I actually have tried on several occasions on just about all public channels that I was able to including most of the ones you've listed, even in the comments-sections of the videos and podcasts that I've heard. I even had a discussion about it on bitcointalk with jmlubin who mentioned being part of the core-team. Of course I can't be sure he is, but at the very least I have tried to reach you. I'd be willing to list some of your remarks again, but as you said, this thread is not the place to discuss this.

I can name one that is relevant to this thread though. Ignoring or failing to respond to publicly voiced concerns, however unintentional the reasons behind that, is a very effective way to foster FUD.

The public mumble-conference or online discussion group does seem to be one of the better solutions and offer a chance to at least confirm that messages or questions have been received by the relevant person(s). There might be other formats possible, but I can't think of one at the moment.

charleshoskinson

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n that respect I do not appreciate your statement above.

They are backed by consistent delays in the release of Bitshares X, problems with Keyhotee and tangible examples of projects screwing up crypto (OpenSSL). If you choose to ignore them and pretend that Invictus has no problems, then you are free to do so.

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Critique is the best thing that can happen to you if you don't take it personally AND if the critic does not apply arguments that are influenced by personal/subjective issues one has with the object of the critique. The thing is such a bad discussion culture reinforces itself.

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implying Invictus would not handle donations in a responsible manner.

I didn't imply that Delulo. I am making a value judgement on where the funds ought to be spent for the best interest of the community. It is in everyone's best interest to have secure software.

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But I would like to see this being avoided. It lacks the necessary respect. It just increases suspicion and the assumption in some that the critic (in that case charles) is not benevolent towards the bitshares project.

I love the 2.0 space and the innovation it brings. There are some in the movement that I clearly have disagreements and issues with. If you recall, we all set aside any personal issues in Miami at the debate and asked to work together. It was Dan Larimer who then recorded a hidden cam video of Vitalik answering a loaded question. DL asks the tough questions isn't conducive to a friendly working relationship Delulo.

If he wanted to have a technical debate, then it could have been easily arranged and would have benefited the community. Asking people loaded questions at a conference with a hidden camera is just mean spirited and it creates an environment in which we are hesitant to address any question from an Invictus employee. 

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This community also thought of a crypto technology magazine. Why not join these efforts and send a signal of friendly collaboration. It would work under the circumstances I tried to characterize above.

I would love to start a 2.0 magazine called DAO to address the socio-economic implications of these technologies. That said, two of the founders have created a magazine before (Bitcoin Magazine) and it turns out to be an enormously difficult task to reach critical mass. It might be more prudent to launch a joint 2.0 weekly newsletter split between Nxt, Dogecoin, Counterparty, mastercoin, bitshares and ethereum. It's less resource intensive and would build a long term mailing list for a potential magazine.

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Overall I think that like in any field a few approaches will survive. Specialization will happen and every approach will have it's application which it is suited best for. There is no real competition, especially if we finally part form the currency analogy.

I'm inclined to agree in principle. It does seems strange to witness a lot of Ethereum hostility when OT actually presents a much greater existential threat to BitShares X. Ethereum is a fairly foundational technology that will be interoperable with everything from Ripple to Bitshares. Also it is the only platform being developed that can currently enable general purpose autonomous agents living on blockchain. It seems such things would be useful for funds like AGS and management of distributive orgs.
« Last Edit: May 07, 2014, 08:11:22 pm by charleshoskinson »

Offline santaclause102

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It seems Bitshares is currently most handicapped by poor execution and a lack of development methodology like SCRUM. There also still doesn't seem to be significant cryptographic talent on the team after all these months to review the code that will eventually be trusted with millions in wealth. We recruited Drs. Koblitz and Merkle amongst others to assist us on the Ethereum side and I'd highly encourage the Bitshares team to consider someone like Peter Todd at the very least to sculpt their efforts.
I don't like fuz' comments when they are not based on specific and verifiable arguments! The goal is a high standard of discussion culture. In that respect I do not appreciate your statement above. It is like fuz' statement general and resorts to personal and very general suspicion. Let's all try to keep arguments rational and NOT PERSONAL!
What I envision is a crypto (2.0) space where people/communities argue hard with each other and thus improve their approach. Criticizing each other hard in a constructive and neutral manner is only possible if everyone is generally benevolent and there is no general suspicion. Critique is the best thing that can happen to you if you don't take it personally AND if the critic does not apply arguments that are influenced by personal/subjective issues one has with the object of the critique. The thing is, bad discussion culture ans mutual suspicion reinforces itself.

I respect Charles because he brought a lot of value to the space and seems to me to be an integer person and just because everyone deserves respect and I expect that he doesn't work against Bitshares behind the scenes.
I also would like to encourage to put all the critique one has into an explicit form and avoid implicit critique like
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You've raised millions from the community and in my humble opinion it's worth it to stakeholders of Bitshares X to have greater certainty.
implying Invictus would not handle donations in a responsible manner. It is not explicit so no one can really pin you down to it. It not even might have been intentionally. But I would like to see this being avoided. It lacks the necessary respect. It just increases suspicion and the assumption in some that the critic (in that case charles) is not benevolent towards the bitshares project. This can be easily avoided. Also, the more implicit (body language is the most implicit and therefore the most convincing for example) the more powerful is what you want to say.

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The really important concept is making sure everything is open sourced, subject to community review and packaged in a way that is easy to understand to onboard new minds quickly. This is the reason why we are building the cryptocurrency research group, starting a new peer reviewed journal and investing heavily into onboarding academia.
+5%
This community also thought of a crypto technology magazine. Why not join these efforts and send a signal of friendly collaboration. It would work under the circumstances I tried to characterize above.

Overall I think that like in any field a few approaches will survive. Specialization will happen and every approach will have it's application which it is suited best for. There is no real competition, especially if we finally part form the currency analogy.
« Last Edit: May 07, 2014, 07:57:24 pm by delulo »

Offline santaclause102

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@Hoskinson: I'll admit to having my own fair share of fear, uncertainty and doubts about Ethereum, but that was mostly caused by things you've said or written yourself, not by what I've heard others say/write. What would you suggest to be a good place or way to publicly address these misunderstandings or differences in point of view? Preferably one where people like myself who are unable to attend conferences can still participate if only by providing questions and listening.

There was some discussion on the mumble-server to try and organize a regular public discussion round about topics like PoW vs PoS between some of the more knowledgeable people on the subject with opposing opinions. I believe Dan Larimer proposed a similar idea himself and the discussion with Sunny King seems to be one of the first results of that. Would it be possible then to organize a similar public mumble-session like discussion with someone from the Ethereum team? Might be a good chance to address at least some of the FUD you've been referring to or at the very least clear up some misunderstandings.
+5%

charleshoskinson

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but that was mostly caused by things you've said or written yourself,

Could you provide specific examples?

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What would you suggest to be a good place or way to publicly address these misunderstandings or differences in point of view?

The ethereum reddit and also the Ethereum forums. We also have been running a lot of comms through many different skype channels, which has reduced the forum footprint a bit. Post ether sale, we'll create some form of direct communication channel to the Devs.

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Would it be possible then to organize a similar public mumble-session like discussion with someone from the Ethereum team? Might be a good chance to address at least some of the FUD you've been referring to or at the very least clear up some misunderstandings.

I agree with better communication in general for everyone in the 2.0 space and also to discuss the technology. We are forming the CCRG to create a not for profit, agenda free academic/open source community channel of communication specifically for the technology side of things. There also has to be a broader discussion about the socio-economic impact of 2.0 technology. It's difficult to say, which channels are most effective.

On one hand, we would love to hold this in the cryptocurrency community, but on the other the community is very small and highly polarized amongst ideologies and projects. It seems to be a better strategy to focus on having the discussion through mainstream channels via education and outreach to industries soon to be impacted by CCs such as identity management, hosting and social networks for example.

That said, we are not ignoring the CC space. Andreas will be writing an Ethereum chapter in his upcoming book mastering bitcoin, I'll be discussing 2.0 coins in the refresh of the BEP udemy course and we'll continue focusing heavily on meetup groups.
« Last Edit: May 07, 2014, 07:33:19 pm by charleshoskinson »

Offline JoeyD

@Hoskinson: I'll admit to having my own fair share of fear, uncertainty and doubts about Ethereum, but that was mostly caused by things you've said or written yourself, not by what I've heard others say/write. What would you suggest to be a good place or way to publicly address these misunderstandings or differences in point of view? Preferably one where people like myself who are unable to attend conferences can still participate if only by providing questions and listening.

There was some discussion on the mumble-server to try and organize a regular public discussion round about topics like PoW vs PoS between some of the more knowledgeable people on the subject with opposing opinions. I believe Dan Larimer proposed a similar idea himself and the discussion with Sunny King seems to be one of the first results of that. Would it be possible then to organize a similar public mumble-session like discussion with someone from the Ethereum team? Might be a good chance to address at least some of the FUD you've been referring to or at the very least clear up some misunderstandings.

charleshoskinson

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Charles, 1>Sounds good. I look forward to the another panel discussion with you three plus David Johnston. 2> Anthony and Vitalik have been being my close friends before the Ethereum project, they will be well taken care of during their staying in China. I look forward to seeing five friends from Ethereum team tomorrow. I have arranged my other Chinese friends who are planning on the trips around China with Vitalik. No Worries.

Also give my personal thanks to Chen Hou Wu for his amazing work on PyEthereum. Bo, you have been a good friend as well as a great resource for the Chinese cryptocurrency community.

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There's no question you Ethereum folks are getting all dressed up. I sure hope there's somewhere to go...something behind it all. I think it's possible for a company/project to succeed in this space with a lot less than what you're putting into it. But good luck and I'm rooting for you.

Thanks I really appreciate it and I hope Bitshares provides as much data and code as Bitcoin has.



I neglected to mention that I also named the company after a helmsley poem:

Out of the night that covers me,
Black as the pit from pole to pole,
I thank whatever gods may be
For my unconquerable soul.

In the fell clutch of circumstance
I have not winced nor cried aloud.
Under the bludgeonings of chance
My head is bloody, but unbowed.

Beyond this place of wrath and tears
Looms but the horror of the shade,
And yet the menace of the years
Finds, and shall find, me unafraid.

It matters not how strait the gate,
How charged with punishments the scroll,
I am the master of my fate:
I am the captain of my soul.


Although it seems that the I3 brand is being absorbed into the Bitshares brand.

Offline boshen1011

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Bo, we should do another panel like the one in Miami at some point in the future. Also thanks for agreeing to show Vitalik around China. Try to keep him out of trouble.

Charles, 1>Sounds good. I look forward to the another panel discussion with you three plus David Johnston. 2> Anthony and Vitalik have been being my close friends before the Ethereum project, they will be well taken care of during their staying in China. I look forward to seeing five friends from Ethereum team tomorrow. I have arranged my other Chinese friends who are planning on the trips around China with Vitalik. No Worries. 3> Our development team has been working very hard and doing great job under Dan's leadership. Thank you for your suggestions.
« Last Edit: May 07, 2014, 07:23:15 pm by boshen1011 »

Offline donkeypong

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There's no question you Ethereum folks are getting all dressed up. I sure hope there's somewhere to go...something behind it all. I think it's possible for a company/project to succeed in this space with a lot less than what you're putting into it. But good luck and I'm rooting for you.

charleshoskinson

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Good response, thanks. Comments:

I think making asic-proof mining is a dead end, people don't realize ethereum team think its not so this causes FUD about ethereum preferring centralization which is clearly nonsense.

On the flip side I think it causes FUD when you say "Bitshares is an economic experiment" when you are referring to Bitshares X. That's our fault for renaming the concepts but Me and .p2p are both basically clones of existing dacs

It's my understanding what sergio lerner will review toolkit code (found 5 out of the 10 top bitcoin security vulnerabilities)

Of course I'm referring to the original bitshares experiment that I suppose has now become Bitshares X, toast. But to also be fair no one has ever tried Dan's DAC business model thus the new Bitshares concept is also an experiment regardless of your concession in that respect. Second, I would recommend having more than a single security expert review your code. Heartbleed is a prime example of the consequences of under-resourced vetting. You've raised millions from the community and in my humble opinion it's worth it to stakeholders of Bitshares X to have greater certainty.

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I think making asic-proof mining is a dead end

From a computer science viewpoint this isn't the case. The are ways of making the NRE cost so high that it's impossible to recoup investment.  As for the debate between PoS v PoW, I understand the position of the NxT and Bitshares community and this isn't the thread to discuss it. We've been deeply exploring a PoW/PoS hybrid for a few months now alongside other topics like scalability. Eli Ben-Sasson and Dr. Green have some great ideas about SCIP (https://www.youtube.com/watch?v=YRcPReUpkcU) (http://www.scipr-lab.org/) (Great paper: http://www.scipr-lab.org/system/files/csnark-20130815.pdf).

At the end of the day, we all agree that there needs to be blockchain heterogeneity. Whether it is accomplished by a network of interconnected application specific blockchains, a well designed masterchain with lightweight nodes aggregating minichains forged with new cryptographic primitives or via bitcoin with some sort of sidechain scheme remains to be determined by both market forces and the implementation details of the design philosophy. The really important concept is making sure everything is open sourced, subject to community review and packaged in a way that is easy to understand to onboard new minds quickly. This is the reason why we are building the cryptocurrency research group, starting a new peer reviewed journal and investing heavily into onboarding academia.
« Last Edit: May 07, 2014, 06:16:11 pm by charleshoskinson »

Offline yellowecho

OOOoo man, I'm very excited about this.  I have a lot of love and respect for SunnyKing and Bytemaster so I'm very much looking forward to hearing them discuss their different approaches.
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Offline liondani

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I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.

It seems Bitshares is currently most handicapped by poor execution and a lack of development methodology like SCRUM. There also still doesn't seem to be significant cryptographic talent on the team after all these months to review the code that will eventually be trusted with millions in wealth. We recruited Drs. Koblitz and Merkle amongst others to assist us on the Ethereum side and I'd highly encourage the Bitshares team to consider someone like Peter Todd at the very least to sculpt their efforts.

« Last Edit: May 07, 2014, 06:14:29 pm by liondani »

Offline toast

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Good response, thanks. Comments:

We think trying to makr asic-proof mining is a dead end, that doesn't mean we are right and people don't realize ethereum team doesn't agree so this causes FUD about ethereum preferring centralization which is clearly nonsense.

On the flip side I think it causes FUD when you say "Bitshares is an economic experiment" when you are referring to Bitshares X. That's our fault for renaming the concepts but Me and .p2p are both basically clones of existing dacs

It's my understanding what sergio lerner will review toolkit code (found 5 out of the 10 top bitcoin security vulnerabilities)

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« Last Edit: May 07, 2014, 05:52:13 pm by toast »
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be friendly and peaceful fuz!
*skepticism should be directed towards systems / incentive structures and not against people.

I appreciate charles' presence here on the forum. Both communities win and can colaborate! Both sides loose in a war (always!), friendly collaboration makes everyone gain. Also being friendly on a personal/individual level is the only possible basis to criticize the other one's systems in a rational and constructive way. I don't see any contradiction with my critique of ethereum and a welcoming attitude towards its creators.

I appreciate that perspective and also share it.

Quote
Specialized ASICs and big money will not be required for him to have access...it is my sincere hope he can appreciate this ease of access!

Fuz you have been spreading this FUD for weeks throughout many channels. We do not endorse ASICs and have gone on record many times specifically stating that our goal is to have an ASIC immune CPU friendly algorithm. It is even listed as a research problem for the CCRG agenda. It is a lie. Please stop saying it.

As for funding, we have received no outside investment. 100 percent of Ethereum's operations have thus far been covered by people within the project including myself. We have no relationship with Goldman Sachs or any bank nor will receive an investment from them. I campaigned in 2008 for Ron Paul in Colorado, Iowa and New Hampshire against the corruption of banks and find your recent comments enormously offensive to both my history in this space and to the people working on the Ethereum project.

Quote
Charles has a terrific command of the space. If he were to throw support behind BitShares, things would move very fast after product launch.

I've always believed Bitshares has great potential, which is why I was one of the founders of Invictus, my name is on the original whitepaper and I helped Invictus receive its first round of VC investment from Bitfund.pe. I also believe that like Bitcoin, Bitshares is an economic experiment that requires a great deal of market testing prior to making claims about what is possible, which was why I recruited Dr. Charles Evans who originally came from the Bitcoin Education Project (another venture I started with Drs. Brian Goss and Nikos Bentinitis) and Emanuele Costa- an Italian quant from England.

It seems Bitshares is currently most handicapped by poor execution and a lack of development methodology like SCRUM. There also still doesn't seem to be significant cryptographic talent on the team after all these months to review the code that will eventually be trusted with millions in wealth. We recruited Drs. Koblitz and Merkle amongst others to assist us on the Ethereum side and I'd highly encourage the Bitshares team to consider someone like Peter Todd at the very least to sculpt their efforts.

My criticisms aside, I would like to point out that delivering great software to market is very hard. You never quite get it right regardless of the planning and team. It's really not a game of perfection, but rather a constant vigilant obsession with getting it better and listening to the users of the software. Thus people ought to focus more on the infrastructure that has been built to this end, instead of particular flaws that have appeared. You also have to have a clear goal of what you want to deliver to your users and manage expectations accordingly.   
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I love to see that happen !!!

Wow!  Sunny K,  Daniel L and Charles H.   :) :) :)

Bo, we should do another panel like the one in Miami at some point in the future. Also thanks for agreeing to show Vitalik around China. Try to keep him out of trouble.
« Last Edit: May 07, 2014, 05:37:53 pm by charleshoskinson »

Offline boshen1011

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I love to see that happen !!!

Wow!  Sunny K,  Daniel L and Charles H.   :) :) :)


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Charles has a terrific command of the space. If he were to throw support behind BitShares, things would move very fast after product launch.


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Offline mf-tzo

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 +5% +5% +5%
PPC - XPM   have a good vibe for me and a collaboration, even in the form of exchanging ideas would benefit both communities.

I will not be able to listen to the conversation though so please post it afterwards..

Offline solaaire

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really lookin forward to his talk. primecoin was the first crypto i ever had the pleasure of mining


sentimental hype +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5% +5%

Offline fuzzy


I remember that mic quite well. It's probably still in the Floyd ranch in the basement next to that ridiculous tri - monitor thunderbolt setup. Another fun fact is that I recorded all of the udemy bitcoin lectures on the mic.

Did you guys ever upgrade the bridge?

The timing of this good jesture is not lost on skeptical fuznuts...

fuznuts wishes so that the world did not require such skepticism...
be friendly and peaceful fuz!
*skepticism should be directed towards systems / incentive structures and not against people.

I appreciate charles' presence here on the forum. Both communities win and can colaborate! Both sides loose in a war (always!), friendly collaboration makes everyone gain. Also being friendly on a personal/individual level is the only possible basis to criticize the other one's systems in a rational and constructive way. I don't see any contradiction with my critique of ethereum and a welcoming attitude towards its creators.

I am friendly and peaceful.  There is literally one place where a really strong urge not to be arises...and I think everyone here knows the focal point.  I am an open book and my intentions to help the community are (hopefully) obvious.   

This is not the thread to start this again though as my reasons are available, clear, and remain up and on the record--for good or ill.   

Sunny King and Bytemaster have very similar philosophies which is why this is going to be a beautiful coupling of great crypto thinkers.  Their work and their conversation will be open and available for Hoskinson to listen to and propagate as he sees fit.  Specialized ASICs and big money will not be required for him to have access...it is my sincere hope he can appreciate this ease of access!

*P.S. this will be in text format and likely put to audio afterward.  We could also use the chat log to derive community questions for Bytemaster regarding his thoughts on specific points made during the conversation. 

« Last Edit: May 07, 2014, 07:52:13 am by fuznuts »
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Offline santaclause102

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I remember that mic quite well. It's probably still in the Floyd ranch in the basement next to that ridiculous tri - monitor thunderbolt setup. Another fun fact is that I recorded all of the udemy bitcoin lectures on the mic.

Did you guys ever upgrade the bridge?

The timing of this good jesture is not lost on skeptical fuznuts...

fuznuts wishes so that the world did not require such skepticism...
be friendly and peaceful fuz!
*skepticism should be directed towards systems / incentive structures and not against people.

I appreciate charles' presence here on the forum. Both communities win and can colaborate! Both sides loose in a war (always!), friendly collaboration makes everyone gain. Also being friendly on a personal/individual level is the only possible basis to criticize the other one's systems in a rational and constructive way. I don't see any contradiction with my critique of ethereum and a welcoming attitude towards its creators.

Offline fuzzy


I remember that mic quite well. It's probably still in the Floyd ranch in the basement next to that ridiculous tri - monitor thunderbolt setup. Another fun fact is that I recorded all of the udemy bitcoin lectures on the mic.

Did you guys ever upgrade the bridge?

The timing of this good jesture is not lost on skeptical fuznuts...

fuznuts wishes so that the world did not require such skepticism...
« Last Edit: May 07, 2014, 06:32:34 am by fuznuts »
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline testz


charleshoskinson

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I remember that mic quite well. It's probably still in the Floyd ranch in the basement next to that ridiculous tri - monitor thunderbolt setup. Another fun fact is that I recorded all of the udemy bitcoin lectures on the mic.

Did you guys ever upgrade the bridge?

Offline donkeypong

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OMG, a true-blue BM fanboy :)

If BM stands for Bowel Movement, then yes, I'm a big fan of staying regular.

Offline bytemaster

Haven't made it yet, can't make it this time. Damn.  I'll catch the podcast though.  All the sessions are being recorded right?

Yes they are.  This particular one will have Legend as the Voice of Sunny King though.

A+ good shit! Make Dan get a microphone!

Lol...just goes to show you where his priorities are for spending AGS funds are

I actually have a high quality studio mic that Charles H. bought and left for me.  I use it when Mumble cooperates. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline jwiz168

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Two giants take the stage together. Great event. I'm thrilled that you're collaborating even in some small way. 

For an encore, how about bringing in the ghost of BCNext?
OMG, a true-blue BM fanboy :)

Offline donkeypong

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Two giants take the stage together. Great event. I'm thrilled that you're collaborating even in some small way. 

For an encore, how about bringing in the ghost of BCNext?

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Dan has my old yeti that's one of the best mics out there.

Offline Amazon

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Sunny King agreed to talk? I think it never happened before.
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Offline fuzzy

Haven't made it yet, can't make it this time. Damn.  I'll catch the podcast though.  All the sessions are being recorded right?

Yes they are.  This particular one will have Legend as the Voice of Sunny King though.

A+ good shit! Make Dan get a microphone!

Lol...just goes to show you where his priorities are for spending AGS funds are
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Offline toast

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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.

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Haven't made it yet, can't make it this time. Damn.  I'll catch the podcast though.  All the sessions are being recorded right?

Offline fuzzy

*This is the Tentative Schedule and may change--Refer to this post regularly for updates*

Ask questions at the Beyond Bitcoin Show Subreddit:  http://www.reddit.com/r/BeyondBitcoinShow/comments/24wh3w/questions_for_sunny_king_ppcxpmpeershares_dan/
« Last Edit: May 06, 2014, 11:04:32 pm by fuznuts »
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D