Bitcoin Forum

Bitshares.org (http://bitshares.org/) is live! (Currently being redesigned!)

Check out the brief video explaining Bitshares below,

http://s1.postimg.org/wy2y2goin/Screenshot_Frontpage.png (http://bitshares.org/)

More indepth information is provided by the this blog (http://bitshares.org/blog/what-is-bitshares/) and this FAQ on the site (http://bitshares.org/about/faqs/).
I also recommend listing to this Sovryn Tech episode (https://bitcointalk.org/index.php?topic=502127) with Brian Paige.
And finally, check out bitsharestalk.org (https://bitsharestalk.org/index.php)!

The site contains the most prominent upcoming products,

Bitshares X  (See Introduction Video (https://www.youtube.com/watch?v=5BV55IrZi7g) by Daniel Larimer)

http://s11.postimg.org/hrm7acos3/Bitshares_X_1.png (http://bitshares.org/solutions/bitsharesx/)
http://s28.postimg.org/cpgy1mjal/bitshares_x_2.png (http://bitshares.org/solutions/bitsharesx/)

Keyhotee (See Introduction Video (https://www.youtube.com/watch?v=3pZaTdEtK-8) by Daniel Larimer)

http://s11.postimg.org/8twvz96yb/Keyhotee.png (http://bitshares.org/solutions/keyhotee/)

How to invest with Bitshares PTS/AGS,

http://s22.postimg.org/xq76etkjl/Bitshares_PTS_and_AGS.png (http://bitshares.org/solutions/ags-pts/)

Products in the pipeline for Bitshares PTS/AGS holders,

http://s16.postimg.org/xkvxqduf9/static_squarespace_com.png

How this works is explained in more detail in this video (http://Check out the new [url=http://vimeo.com/user24356268/review/87448377/66716b27fa) by Daniel Larimer,
in the previous February newsletter (http://static.squarespace.com/static/51fb043ee4b0608e46483caf/t/52f6b01fe4b086cbdc0cd107/1391898655071/News%20Letter%2005%20-%20February%202014.pdf) and in the upcoming March newsletter (https://bitsharestalk.org/index.php?topic=3688.0).

New blog for the more meaty end of articles and updates,

http://s1.postimg.org/6e685yfj3/Blog.png (http://bitshares.org/blog/)


There are still major revisions to be done (https://bitsharestalk.org/index.php?topic=3756.0) to the site.
Feedback very welcome. The aim is to continually improve the site.
Also feel free to PM me if you have any specific questions.

Who are the Bitshares team?
http://bitshares.org/community/team/

How do I join?
http://bitshares.org/community/employment/

How do I keep up with important updates?
This important update thread (https://bitsharestalk.org/index.php?topic=3816) will list all the most critical updates.

Hope to see you around the forums!
https://bitsharestalk.org/

Looks very good. Lots of information there tough. So Bitshares is is a opens source platform kind of like Etherum but instead having one block chain to rule them all you have many specialized(finance,games)  block chains ?

That's exactly right. Daniel Larimer, core developer, takes the economic perspective that we want separate chains as required to minimize overhead expenses. The idea is, why should I pay transaction fees sustaining a whole stock exchange if for instance I'm only interested in Bitshares Music or Bitshares Lotto? The aim is always to maximize profit and minimize expenses for the users/shareholders.

So does that mean I can redeem Bitshares X now from my PTS coins?

Eventually, everything is still under development, it's all in the open though so you can check on progress

Okies, cool.

 ;D

Considering the insane amounts of BTC you raised with AngelShares you should be ashamed for still delaying
the release, you should have waited with the mirror of PTS blockchain until you had enough progress to keep
a timetable.
I do think the investors would rather see the money go the hire developers then to pay for airline tickets and hotel rooms
for Bitcoin conferences, aquariums to your office and whatnot.

Unfortunately in our life not all you can purchase using money.

If you look around cryptocurrency community you will see that even you have money you can't do too much because lack of professionals in this area.
My respect to NXT team they real professionals and this is an exception to the rule.

If you join BitShares community at forum you will see daily progress updates: https://bitsharestalk.org

Of NXT, MSC, Ethereum, Counterparty, I am pretty sure Bitshares is one of the more open ones. Just check out the bitsharestalk.org forum and the githubs for the various projects.  Almost everything they do is out in the open. Even from the beginning (https://bitcointalk.org/index.php?topic=215369.msg2259254) Bitshares X was developed in the open.  You can even see where all the money from the angelfund is going here (https://docs.google.com/spreadsheet/ccc?key=0AqTwk-e7yzJydFZ3bVVWT0o1OUwzXzdESHFBY0FkUWc&usp=sharing#gid=0) and here (https://docs.google.com/spreadsheet/ccc?key=0AqTwk-e7yzJydDFnQmlkTVlkbWpubnJBbzR2UG5ucnc&usp=sharing#gid=0).

The main difficulty with spending these funds is hiring talent. It's extremely difficult to hire skilled developers on short notice. They have had some success with attracting talent by releasing a ton of bounties (https://bitsharestalk.org/index.php?board=38.0) worth around $100 000 total, and even a 5% referral bounty (total of 5000$) for people who manage to recruit people to complete a bounty. But NXT, NEM, MSC, Ethereum, CounterParty, etc. are all trying to scoop up the talent in this area, so it will remain difficult.

Up til now Mastercoin, NXT and Ethereum has gotten alot of the attention, but hopefully the new site and upcoming conference will help inform and attract more people to the Bitshares project as well. Daniel Larimer and his father Stan Larimer have been very vocal about minimizing expenses (http://letstalkbitcoin.com/is-bitcoin-overpaying-for-false-security/#.Uy7356JqWOY) and creating Distributed Autonomous Companies (http://letstalkbitcoin.com/bitcoin-and-the-three-laws-of-robotics/#.Uy74G6JqWOY), but these seemingly far-fetched ideas are only now beginning to show their true power.

Personally I think the future is looking bright for Bitshares, they have a big community in China, and there will be a lot of new people coming into the DAC space. With their focus on profitable DACs it makes sense that Bitshares will become one of the big players.. For now there's still a ton of work to be done, and anyone with the right talent in this environment will be highly compensated for their work.

http://bitshares.org/community/employment/

+5%

looking fine - afaik all pts are mined in the middle of the year (correct me if I am wrong), what happens to pts after that?

Bitshares-PTS (used to be called Protoshares) are not meant to be used as currency like Bitcoin. Instead they are meant to be "shares" of future businesses. So say you have 10 Bitshare-PTS you will have at least 10 shares in whatever new decentralized digital company is released in the future. It would be kind of like saying if you own 10 Bitcoins not only do you keep your Bitcoins but you also get 10 Litecoins 10 Mastercoins 10 Dogecoins etc. In other words your wealth just keeps increasing. Check out the forum and the bit shares.org website.

1% inflation forever I think

Nice website! BTW here are few BTS related topic, what's "the one", where all important updates will be anounced?

Good question! Going forward this important update thread (https://bitsharestalk.org/index.php?topic=3816) will list all the most critical updates, and the official blog (http://bitshares.org/blog/) will (soon) provide regular important news.

What happens to protoshares now bitshares is available? Will they become worthless coins, or still have some value?

They still have value as PTS holders will get a piece of future DACs that are created, like BitShares DNS, BitShares Music and many other that are in the pipeline being developed. BitShares is just the first of many DACs that will be created.

Check out the newly released march newsletter (http://gallery.mailchimp.com/ac6976e87d9e9f0eac4bbf19c/files/News_Letter_06_March_2014.pdf) for more info on this as well.

Thanks! Too many threads are making it confusing to monitor the situation

I think BitShares X as an investment instrument will prove to be invaluable to situations like what we saw yesterday with massive swings in bitcoin prices.  The ability to store value in crypto assets such as bitUSD, bitGOLD, and many others; that peg prices by a prediction market to the actual assets, will inevitably eliminate the volatility of BTC before price discovery is found.  Which means stability to the BTC market can happen sooner than the mass adoption needed to create a stable price.  THIS is what's going to make BTC investments and holdings stable to the point people will be much more comfortable spending, transacting, and saving - without leaving the crypto ecosystem [vs. having to convert directly to fiat].

I see Sergio Lerner is being highlighted in the March newsletter as a new Invictus consultant, but I don't see him listed in the website Team section. Is he an active contributor to the project yet?

yes but can it run on n-scrypt ? is it asic resistant ? ... copy paste scam clone coin...





//irony

Your ignorance shines through (commenting without having first investigated).

Yes! He'll be listed on the website in the next update. :)

Now that's a good idea! There's no iron-clad rule saying there only has to be one blockchain.

Yup, it's ancient wisdom really:


This prediction seems to reflect the current political bickering (http://www.coindesk.com/developers-battle-bitcoin-block-chain/) between Bitcoin core developers and Counterparty developers.

In fact, Bitshares DNS (https://bitcointalk.org/index.php?topic=519083.0) is launching soon. Check out this "alpha" video (https://vimeo.com/user24356268/review/89219239/9a45e730ca) with the lead developer. Bitshares DNS is being designed to prevent name squatting. Lots more info in the DNS section of Bitshares.org (https://bitsharestalk.org/index.php?board=50.0)

Are bitshares on any exchanges yet? I have not noticed them listed on market cap sites yet...

-MarkM-

Bitsharescasino.com will be released soon with the help of investors! https://bitcointalk.org/index.php?topic=550763.0

The website looks very good, I would often go to have a look.

"Initial testing shows that aside from some user interface and RPC updates BitShares XT is very close to being able to launch making the Feb 28th snapshot liquid." - Daniel Larimer, 28th March

Bitshares XT is the official test chain for Bitshares X. Bitshares X is the first Bitshares product to be released. I believe product deployment will accelerate after this, as a lot of the work is currently going to parallel development. Especially: