Seems good.
But i have one question about that community driven blockchain development.
We will be voting about what ?
about transaction fees? ok , propably we can...
About new feature? hardly.... What if someone will want implementation of real potatoes into the blockchain........
So the voting will be about what?
New ideas can be submitted and the popular ones rise to the top as they receive votes. I have several blockchain related ideas that I will be submitting myself, but it would be nice to get submissions from others as well, that's what Glowshares is all about. |
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Another scam ico on bittrex
No one has been scammed here, thanks for providing such a well-thought out argument. Oh wait, you didn't provide one at all. I'll be here, ready for a mature discussion whenever you are. All jokes aside, everyone knows the risks of an ICO by now. Are we simply labeling every crowdfunding effort a scam? What makes it any different than say, Kickstarter? there. It's only a start. Stupid fug and scam accusations are gonna overwhelm this thread. Lock it down and start a moderated one while you still can. Coz when trading starts its gonna be too late I'm not worried about it. This may be my first (and only) cryptocurrency, but this isn't my first rodeo. Call me the troll slayer. |
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 #2 on Bittrex after only half a day! |
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So, what exactly are the ICO funds going to be used for? To hire a developer that can do copy-paste-search-replace, and then to promote the coin via parties with hookers and blow?
Good question! I am the developer and will be handling the code personally. Funds are used according to the Lean Startup methodology. The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.
A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.
So, you're doing this ICO so you can raise money to start a business... And the business will do... something, it'll do it very lean and use funds very well... but not quite sure what will actually be made by the business. Cool plan, true innovation. will definitely invest 100 BTC Voting on the blockchain will be the coins first innovation, one that I feel you are not giving enough credit. Voting in a real world scenario is flawed to the core. Decentralizing it, making it trustless and transparent on the blockchain, fixes those fundamental flaws. Human nature is the weakest link, so we remove it from the equation. Then we take that innovation of voting on the blockchain and actually use it ourselves to further the very project that created it. Treating altcoins like a business is something that I would like to see more of. I'm confident people with a business background like myself will immediately understand what I'm trying to do here and see the vision. Voting on the block chain is massive.. Bitcoins beauty lies in the technology behind bitcoin (ie the blockchain) rather than the currency(btc).To add a method of voting onto the blockchain that is 100% honest is insane ...Very very smart idea with huge potential .SOLID Exactly! Bitcoin uses the blockchain for financial consensus, which is just the first of many great use cases. I truly believe in the blockchain, everything it has to offer, and everything it can offer; even if it that potential is currently unrealized by most. I left the comfort of well paid, albeit soul-crushing corporate software jobs because I want to focus all of my time on this very important, yet simple piece of technology. |
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Another scam ico on bittrex
No one has been scammed here, thanks for providing such a well-thought out argument. Oh wait, you didn't provide one at all. I'll be here, ready for a mature discussion whenever you are. All jokes aside, everyone knows the risks of an ICO by now. Are we simply labeling every crowdfunding effort a scam? What makes it any different than say, Kickstarter? |
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Exactly how is “human nature” (whatever you think you mean by that term) the “weakest link”
In other words, humans are the primary point of failure. They can be desperate, bribed, blackmailed, in a weak emotional or mental state, or a variety of other circumstances. Closed source, centralized software & hardware requires a certain level of trust. In nearly every voting system, there is simply no transparency; someone, somewhere can change results and it would be very difficult to even realize it happened. Want to audit the results? Probably not going to happen. An open source, decentralized blockchain simply isn't vulnerable to any of that. Audit the results right on the block explorer. Curious about the protocols being followed? Github is open 24 hours a day. Voting on the blockchain, from Glowshares perspective, is just a necessary first project that enables future projects. Following the decentralized, trustless vision originally conceived for the blockchain is the goal. Specifically, what will those innovations to the blockchain be? Community consensus through voting will decide. Nothing is set in stone yet, other than decentralized voting. http://www.dailykos.com/story/2012/06/16/1100628/-It-s-the-Voting-Machines-Not-the-Votershttp://dailysignal.com/2014/11/04/maryland-republicans-lookout-voting-machines-flip-democrat/http://www.tpnn.com/2014/10/28/expert-confirms-voting-machines-in-illinois-and-maryland-rigged-for-democrats/http://twitchy.com/2014/11/04/better-just-be-a-glitch-is-texas-voting-machine-leaving-greg-abbott-off-the-ballot-photo/http://hamptonroads.com/2014/11/voting-irregularities-virginia-beach-newport-newshttp://www.onlisareinsradar.com/wp/u-s-senator-chuck-hagel-now-admits-ownership-in-voting-company-ess/http://indiaevm.org/ |
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unmoderated thread? seems to be a newbie dev fudders will wreak havoc on this thread  It's unmoderated because I want people to speak freely. I assure you I'm the farthest thing from being inexperienced. I have been developing software professionally for a long time. I'm not new to cryptocurrency or peer-to-peer networking either. if you'll let everybody speak freely some people will just spam nonsense accusations and scam alerts which will significantly drop the price. I've seen it happen many times. I will address each and every concern swiftly, and with logic & professionalism. Trolls don't stand a chance here. Far too often I see "trolls" shot down when it's actually a legitimate concern that should be discussed. |
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Sorry if i missed the info in the OP, but what happens to unsold ICO coins? Btw this looks good, I'll try and get some!
i hope it will be burn the unsold coins
- Bittrex will host 900,000 coins at a price of 0.00033333 each. The first block will include only the amount of coins sold. Burning will not be necessary. Any coins that are unsold will never even touch the blockchain. Too many things can go wrong with "burning" so I picked a better, more transparent solution. |
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With BTC on the up again, I'll be watching this. It's the first ICO I might throw coins at for a while.
Thanks for the kind words. Please don't hesitate to share any questions, concerns, or ideas you may have! |
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unmoderated thread? seems to be a newbie dev fudders will wreak havoc on this thread It's unmoderated because I want people to speak freely. I assure you I'm the farthest thing from being inexperienced. I have been developing software professionally for a long time. I'm not new to cryptocurrency or peer-to-peer networking either. |
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again, when will the ICO end?  i might buy some depending on the hype at the last day tho - The crowdfund will run for approximately 3 days beginning Nov 13, 2014 at 00:00:00 PST and ending on Nov 15, 2014 at 23:59:59 PST. First page on Bittrex already. |
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Looks interesting, have been looking for another new gem in Crypto. Dev's answers seem very technical as well.
Thanks for the support. My background and experience are more than adequate for the task, that's why I'm able to give detailed answers, rather than the typical vague generalizations. There are devices, products, services, even entire industries that can be improved by decentralization on the blockchain, the possibilities are endless. This is full time for me, not just a hobby. I don't know exactly what the future holds, but I'm willing to put in the effort to figure it out. |
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So, what exactly are the ICO funds going to be used for? To hire a developer that can do copy-paste-search-replace, and then to promote the coin via parties with hookers and blow?
Good question! I am the developer and will be handling the code personally. Funds are used according to the Lean Startup methodology. The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.
A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.
So, you're doing this ICO so you can raise money to start a business... And the business will do... something, it'll do it very lean and use funds very well... but not quite sure what will actually be made by the business. Cool plan, true innovation. will definitely invest 100 BTC Voting on the blockchain will be the coins first innovation, one that I feel you are not giving enough credit. Voting in a real world scenario is flawed to the core. Decentralizing it, making it trustless and transparent on the blockchain, fixes those fundamental flaws. Human nature is the weakest link, so we remove it from the equation. Then we take that innovation of voting on the blockchain and actually use it ourselves to further the very project that created it. Treating altcoins like a business is something that I would like to see more of. I'm confident people with a business background like myself will immediately understand what I'm trying to do here and see the vision. |
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So, what exactly are the ICO funds going to be used for? To hire a developer that can do copy-paste-search-replace, and then to promote the coin via parties with hookers and blow?
Good question! I am the developer and will be handling the code personally. Funds are used according to the Lean Startup methodology. The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.
A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.
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Though I'm not really into ICOs like this, I've been anticipating the next iteration of blockchain voting since Heavycoin.
So one coin (staked or simply held in-wallet) equals one vote?
Does voting take place in-wallet? If not, where? If so, how far along are you in programming voting into the wallet?
Still working out the coin-to-vote ratio, it partially depends on what the total supply will be, which depends on how many coins are sold in the ICO. Voting will be available within 30 days after the ICO ends and takes place in-wallet. After gathering feedback from the community and making any necessary revisions, it will be pushed to the main wallet. After that, we vote on the first blockchain project. |
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Interesting one, I like very much the idea of a decentralized voting system on the blockchain. Name and design look neat.
By the way, what does it have to do this coin related with the Internet of Things?
Internet of Things in the context of a blockchain implies decentralization, rather than connecting devices to a closed source, centralized infrastructure. I am a believer in that all ICO it is scam  but keeping my eye on this  I like to see the revolution  I can't blame you for being scared of ICOs. Thank you for at least taking a look. Are you the Glowcoin dev?
No. |
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