It is trivial to create yet another merged-mine-able blockchain-based currency.
There are numerous capable coding-businesses in which one could invest some "quid" to obtain a new blockchain "pro quo".
It might not be as dirt cheap as getting DeVCoin created was, but then again there is no indication yet that you are going to do as much of the actual coding work yourself as Unthinkingbit, who commissioned DeVCoin (yet actually did most of the coding himself, as it turned out) did.
"Investing" in a business that so far seems singularly lacking in coding capability seems a rather obtuse method of promoting the creation of code.
-MarkM-
Yeah, yeah. Easy cheezy. But seriously, MarkM, I like one part of what you're saying, namely the part about it being "trivial to create another [...] blockchain-based currency". I want to make it even more trivial by showing everyone in the world how to create their own crypto currency / crypto share. If you show me how to do it, I will show the world by writing down and publishing comprehensible instructions that anyone can follow. It could be good for the crypto currency industry as well, because it would let more entrepreneurs get started rapidly with their own currencies (which they could also use as shares). |
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I'm glad to hear that so much work is being done to create an exchange system.
What I need most urgently right now is a way for me to easily create my own crypto currency producing software.
Could anyone help me with this? I offer commission, contact me for more info.
I will also try to update this thread with instructions about how to do it.
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Any anonymous debit cards for withdrawing bitcoins available yet?
I heard something about a Polish bank which issued such cards a way back, can anyone confirm?
Or if you have a better link, please feel free to post it here.
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I don't believe too much in the colored bitcoin idea.
I prefer the idea of a multitude of bitcoin clones with variable parameters.
With regard to the mining issue, I have a hunch there might be a way around it.
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What exactly happens when all the 21 million Bitcoins have been miined?
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So, the GLBSE is down. I predicted this would happen. Crypto stock exchanges like cryptostocks.com and GLBSE are owned privately by small centralized entities and business owners. They are vulnerable to attacks by hackers, government agencies or even lynch mobs if something goes wrong. If you ask me, GLBSE is likely to run into problems within a year.
Now, I don't have a shadow of doubt that the main problems with GLBSE were as listed below: -It was centralized -The shares could only be exchanged through the platform -It was not open source -It was vulnerable to attacks by governmental agencies My solution is THE solution. We should ALL start working on this. -My solution is decentralized -The shares can be exchanged freely between everyone everywhere -My solution is open source -This system cannot be taken down by so called authorities due to the same reasons that the bitcoin platform cannot be taken down (p2p, can be made anonymous). Let's set up a project on GitHub right now, today. The purpose will be building software that can release software which in its turn can create new crypto currency/crypto share units (just like the bitcoin client) with variable parameters. Setting up a crypto stock exchange will then be super easy. Here's a very basic example: A website owner writes on his website: I sell [name of his particular crypto share units] for x BTC, I buy [name of his particular crypto share units] for x BTC. That is, in essence, a very basic crypto stock exchange. The important thing is that we give everyone the possibility to create their own client similar to the bitcoin client. With millions of web site owners running their own clients and micro crypto share exchanges, there will be absolutely no possibility whatsoever for the so called authorities to take us down. It shall be the start of a new world order. This thread can be found at: https://bitcointalk.org/index.php?topic=114336 and www.bitshares.tk |
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So, the GLBSE is down. I predicted this would happen. Crypto stock exchanges like cryptostocks.com and GLBSE are owned privately by small centralized entities and business owners. They are vulnerable to attacks by hackers, government agencies or even lynch mobs if something goes wrong. If you ask me, GLBSE is likely to run into problems within a year.
Now, I don't have a shadow of doubt that the main problems with GLBSE were as listed below: -It was centralized -The shares could only be exchanged through the platform -It was not open source -It was vulnerable to attacks by governmental agencies My solution is THE solution. We should ALL start working on this. -My solution is decentralized -The shares can be exchanged freely between everyone everywhere -My solution is open source -This system cannot be taken down by so called authorities due to the same reasons that the bitcoin platform cannot be taken down (p2p, can be made anonymous). Let's set up a project on GitHub right now, today. The purpose will be building software that can release software which in its turn can create new crypto currency/crypto share units (just like the bitcoin client) with variable parameters. Setting up a crypto stock exchange will then be super easy. Here's a very basic example: A website owner writes on his website: I sell [name of his particular crypto share units] for x BTC, I buy [name of his particular crypto share units] for x BTC. That is, in essence, a very basic crypto stock exchange. The important thing is that we give everyone the possibility to create their own client similar to the bitcoin client. With millions of web site owners running their own clients and micro crypto share exchanges, there will be absolutely no possibility whatsoever for the so called authorities to take us down. It shall be the start of a new world order. This thread can be found at: https://bitcointalk.org/index.php?topic=114336 |
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Here's the solution, I think:
-Fork or clone the Bitcoin software
-Change parameters so all the new currency/share units are mined/created in a few days, rather than 20-30 years
-The first miner(s) now holds all the bitshares, just like in an IPO. They can then do whatever they like with them. Offer them to investors, developers, entrepreneurs etc.
Am I in the wrong about something? I think this should be doable if we put our heads together. Mind you, once anyone on earth can create a cryptocurrency/share program of their own, things will really start moving. Probably a new world order.
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This webpage is not available
Google Chrome's connection attempt to www.bitcoiner.co.nf was rejected. The website may be down, or your network may not be properly configured.
Here are some suggestions:
Reload this webpage later.
Check your Internet connection. Restart any router, modem, or other network devices you may be using.
Add Google Chrome as a permitted program in your firewall's or antivirus software's settings. If it is already a permitted program, try deleting it from the list of permitted programs and adding it again.
If you use a proxy server, check your proxy settings or contact your network administrator to make sure the proxy server is working. If you don't believe you should be using a proxy server, adjust your proxy settings: Go to the wrench menu > Settings > Show advanced settings... > Change proxy settings... > LAN Settings and deselect the "Use a proxy server for your LAN" checkbox.
Error 102 (net::ERR_CONNECTION_REFUSED): The server refused the connection. Using latest version of Chrome. The website was down, now it's up : ) Please visit again. |
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Website is completely without any content. just blank webpages
Website URL and content updated. Please revisit. |
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Thing is, if we make it easy to clone the Bitcoin software then anyone can easily create bitshares (crypto shares).
Bitshares have many advantages over regular shares: they don't require a central exchange platform, anyone can trade them with anyone and if someone is interested you could even use them as payment for goods and services, just like bitcoins.
Please help me to create instructions or even software for making it easy for anyone to clone the bitcoin software.
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This thread is closed.
The assignment has been completed.
No more BTC available.
Thanks for reading.
Enjoy your day.
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Mark, did you build this open transactions thing? If so, when? And is anyone using the service?
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Do you still need this?
Yes Sudukibiras, I still need it. I cannot do much right now without it in fact. If possible, please send me the details as PM. I'll give you an extra bonus of 0.01 BTC : ) |
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Cloning bitcoin you run into "51% attack" problems; securing a blockchain is not easy.
The missing function really seems to be offer matching.
You can technically issue and exchange assets using any number of existing free open source solutions, from online banking site type solutions to the Truledger system; the missing piece since when I went searching two years or more ago is the order-matching engine. The "market".
It is for that that I have been working with Open Transactions, however if you are willing to risk the seemingly vastly oversized attack surface you get by using the web, there are also at least a couple of free open source "bitcoin exchange" packages available now. YOu could cross out fiat and write your asset name in in crayon (so to speak) and presto, an exchange for your newfangled asset.
I have even looked at MUDs and other games for this functionality, since in many such games it is trivially easy for a gamemaster to create objects people can carry around, give to each other, buy and sell in shops and so on. But usually no "offer matching engine". (Though CoffeeMUD does have auctions, both in a form you can attach to a room or shopkeeper-creature and in free roaming form whereby at any moment one (and only one) auction can be taking place that anyone in the MUD can participate in. The problem with software intended for playing games though tends to be that things vanish; it tends not to take good care of balances. Easy come, easy go. Oh the MUD crashed and your million gold is gone, no problem, just go out and dig up more or kill more monsters or whatever to get more. Not good for preserving inventory records that you really care about.
I installed a full banking site system a while ago called Cyclos, but some kind of javascript problem or something tirvial like that made it un-useable from my (FIrefox on Fedora Linux) browser so I don't even know whether it would have worked to securely record balances robustly like Open Transactions has been doing for me for so long now, and of course again the missing piece was markets: order-matching.
Secure storage of ownership data is easy, you can even create one dot-bit name per share to have individual items/shares that can be traded on the namecoin network. Finding the best price anyone is willing to buy or sell for is again the missing piece with that approach too, though maybe the fact people can trade them directly without an intermediary does at least open the possiblity of using any platform they want to try to find buyers or sellers on, simply by placing ads anywhere they think they might find a trading partner.
What I was actually searching for when I came across bitcoin and Open Transactions was simply a generic marketplace system, something that would record who has what, where, at what price, maybe with optionally a shipping info handler to figure out how much it would cost to move the thing offered to somewhere else so it could change in location as well as in ownership and part of buyer preference could be where the thing offered is as well as what it is and what price it is available at in what quantity. I still have not found that; Open Transactions lets anyone trade anything for anything else but does not handle where the things are located and what it would take to move it from one location to another.
(I could create separate asset tokens for grams of gold on Earth, grams of gold on Mars, etcetera but it has no move the Earth ones to Mars or the Mars ones to Earth type of stuff in it.)
So overall yeah there is a huge gap in what is out there in the way of free open source software for trading stuff. I never did come across a decent general purpose auction site system yet for example.
So far I am still using Open Transactions.
-MarkM-
You could always put the market on an .onion site.
If we use a bitcoin clone the market place doesn't really have to support anything. Anyone would be able to set up a website on the internet or deep web and offer to exchange bitcoins for bitshares.
+1. As a shareholder, how can you be sure your "exchange" website won't shutdown overnight, with the cloned bitcoin chain vanishing at the same time? where does the trust come from? and ... port number .... I'd like to reserve port 80 for my exchange please... I would say offer matching is not a problem. I feel you guys are making it more complicated than it has to be. Please tell me more about your concerns about a so called 51% attack and your definition of the term. Secure storage of ownership data is easy, you can even create one dot-bit name per share to have individual items/shares that can be traded on the namecoin network. Finding the best price anyone is willing to buy or sell for is again the missing piece with that approach too, though maybe the fact people can trade them directly without an intermediary does at least open the possiblity of using any platform they want to try to find buyers or sellers on, simply by placing ads anywhere they think they might find a trading partner. My point exactly. The trading platforms could look any which way. The important thing is that the currency/share units can be owned and traded anonymously and securely, just like bitcoins. Anyone could build a simple platform for letting buyers and sellers meet. |
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You could always put the market on an .onion site.
If we use a bitcoin clone the market place doesn't really have to support anything. Anyone would be able to set up a website on the internet or deep web and offer to exchange bitcoins for bitshares.
+1. As a shareholder, how can you be sure your "exchange" website won't shutdown overnight, with the cloned bitcoin chain vanishing at the same time? where does the trust come from? and ... port number .... I'd like to reserve port 80 for my exchange please... Correct me if I'm wrong but I believe a bitcoin chain cannot just vanish like that. Also, if one exchange website is shut down, nothing prevents other entrepreneurs from opening new ones. In fact, it would be unlikely that only one exchange platform would exist. Where there is profit to be made, there are entrepreneurs willing to take risk. |
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I'm behind VPN and TOR, so the site won't let me.
TOR over VPN or VPN over TOR? Irrelevant, as far as I can see. If relevant, as it is logical that block TOR connections, so if you are using TOR over VPN, it is normal that you can not access, it is recommended to use VPN over TOR. This way your extreme is the vpn and should not block you. Ah, you're actually trying to help, I thought you were being funny : ) Sorry mate : ) Well, no, I've tried both, i. e. VPN only or TOR only, doesn't work |
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I'm behind VPN and TOR, so the site won't let me.
TOR over VPN or VPN over TOR? Irrelevant, as far as I can see. |
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Seems legit.
Oh, don't be prude. It's only a free website tool, it's not like I'm trying to rob Fort Knox or anything. |
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