So that leaves us only with bytemaster remaining as it pertains to bytemaster. Enhanced Syscoin build tools for binaries. Other versions of bitUSD can be created. For the past month we have been working closely with Ballistic Arts on a major bitcointalk overhaul for Blockchain Foundry and its suite of…. The competition is for a piece of bitcointalk real world - like a piece of trillion dollar global syscoin sector or music industry or gaming industry or
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Syscoin's team is not new to the industry, they bring the experience of an award-winning team to drive this incredibly innovative project. It went on for two hours. First of all, he never was able to address the issues I raised about Transactions as Proof-of-Stake quoted as follows. To become a signer you need to earn a public reputation in order to get elected. You apparently are attempting to imply there is no useful attack to do if the attacker is including the most coin-days-destroyed?
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Stakeholders have direct control on spending every day. The other attacks you describe all derive from the fundamental reason I declared bitcointalk non-proof-of-work systems to be insecure back in April. For more syscoin, as well as an immediately useable, binary version of bitcointalk Syscoin client sofware, see http: The important competition is for a piece of the real world - like a piece of trillion dollar global syscoin sector or music bytemaster or gaming industry or That must wait till we've applied some spit and polish bytemaster the end user interface.
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I guess, in the end, it all comes down to each investor's ability to correctly assess the facts. That's as it should be. They are all laid out there for you in plain sight. StanLarimer on March 27, , Bitcoin would want unanimous consent to conduct such a change and doing so would be a scandal.
March 27, , The competition is no longer about mindshare of the crypto-tribe enthusiasts. That's just where you go to attract early adopters and startup capital. Market cap is a lagging indicator. The important competition is for a piece of the real world - like a piece of trillion dollar global financial sector or music industry or gaming industry or We haven't even started marketing BitShares to its target customers yet. That must wait till we've applied some spit and polish to the end user interface.
What I meant was competition to the model of bit fiat pegs and pay for work through delegates The competition is no longer about mindshare of the cyrpto-tribe enthusiasts. The competition is for a piece of the real world - like a piece of trillion dollar global financial sector or music industry or gaming industry or Let the Darwinian competition continue. This is a marathon where the runners grow more conditioned as the race progresses. Producing the blocks is a mindless task.
Selecting which parts make up the machine is where the power lies. Decentralized Control The total decentralized population of the all owners participate in selecting the most reliable machines to run the network. Those parts have no power over the owners. Those chosen nodes can be completely reconfigured or replaced by the fully decentralized participating owners in 10 seconds. BitShares has decentralized p2p control of a distributed, fault-tolerant computer implementing an autonomous unmanned company running a decentralized crypto currency exchange which produces stable smart-coin products.
Each link below will lead you to a dedicated discussion thread for the corresponding technology. Migrating to BitShares 2. The new chain will then launch within 24 hrs of the snapshot that discards all transaction history. Community Questions for the Development Team Prior to the announcement, the BitShares community was asked to collect a set of their concerns that they would like answered together with the announcement.
Lessons Learned from BitShares 0. Measuring Performance - Throughput and Latency Great claims require great evidence and the claim that BitShares is capable of , transactions per second has probably raised a few eyebrows. This post should help clarify how we measure performance. This stuff is starting to sound interesting enough that it might even be time to go digging around in old archives looking for those Protoshares wallets that we were all mining into long long ago that purportedly were going to give us all shares of all these new developments.
Is there some kind of import functionality in one of these new wallets whereby once we manage to find our Protoshares wallets we can tell these new wallets the filepaths to our Protoshares wallets and have them import or whatever it is that they do to get our appropriate shares?
The percentage they were supposed to be of the new chain s was changed or something maybe? It was all kind of hard to follow, let alone to figure out which was trolls and which was genuine bad faith by the developers, or even whether in fact any dilution did actually occur.
Which is why it seemed best to just archive all the wallets until some future time when things became clearer and some clear path to moving forward to the newest systems emerged Has that time come yet? Cold Wallet Storage using Shortly after our first Big Announcement on Monday, Bytemaster held a live global town-hall meeting to answer everyone's questions.
It went on for two hours. Transcript for the above can be found here: Tuck Fheman on June 10, , Hangout Transcript - Part Can you talk about the economics of each model and bond markets.
It's designed to be profitable and the cost of user acquisition below the lifetime value of each user and in the long run should be deflationary, there is a fixed supply and spending limit. It should bring future fees into the present from users upgrading accounts. It should bring economic incentives to migrate users in bulk for merchants. You want to own BitShares because it should appreciate as a result of being a profitable system on the whole.
The new bitasset model creates a lot of new incentives for new users to create their own bitassets with price feeds.
Private bitassets can be backed by another bitasset which should increase predictability of the markets. And it means that traders have a lot more reliability and liquidity around bitUSD. This keeps system closed with predictable supply. Stakeholders have direct control on spending every day. Even with no fees, would take 8 years to drain pool. If you repay loan with interest you get collateral back, if you don't you forfeit collateral.
They are set on each user. You can now short against anything. This allows the bond system to function without having to do margin calls. Other versions of bitUSD can be created.
Possible to have bitUSD without forced settlement and with annual global settlement. These permissions can be enabled.