Hello, I’m a great supporter of both BTCD and NEOS projects with the outmost respect for the developers work. If the question has been raised for the community to have a go at what they wish to see in the future of crypto, I thought I should try as well to publicly project my desires. When you tear me apart, please consider that I lack software knowledge and am not a native English speaker.
This is what I would like to see in version 5.0 of the wallet:
A universal trading platform
- A craigslist type of market integrated into the wallet where you can post and buy services or goods from other users
- Linkage to non-crypto trading (shares, commodities, etc.)
- Crypto news section
- Voting option
- Financial estimates and projections on both crypto and non-crypto markets. A financial risk assessor can provide an algorithm on how you can do that. I have been a Health and Safety consultant and risk assessor for 8 years now, and each time I make a job assessment, I use the weighted average (If that that is the correct term) between the degree of gravity and the possibility of it happening.
Risk assessment in my field involves identifying all risk factors analyzed in the system and quantify their size based on the combination of two parameters: the maximum gravity of the possible consequence and frequency on the human body. This gives partial risk levels for each risk factor or risk levels globally for the entire system analyzed.
In specialized terminology, human security in the work process is considered as the state of the system where work injury and occupational disease are ruled out.
In common language, security is defined as being a shelter from danger, and risk - the opportunity to get into danger, potential danger. If we consider the usual meanings of these terms, we can define the status of job security as the risk of injury and illness as zero.
Therefore, safety and risk are two abstract concepts otherwise mutually exclusive.
In fact, because of the features of any system of work we cannot achieve this state of absolute nature. There is no system that is completely ruled out the potential danger of injury or illness; there is always a "residual" risk, if only because of the unpredictability of human action. Unless corrective interventions are ongoing, this residual risk increases as the work system elements degrades through "aging".
Consequently, the systems can be characterized by "security levels" and "risk levels" as quantitative indicators of security status or risk. Defining security risk as a function y = f (x), where we can say that a system will be more secure, the risk will be lower and vice versa. Thus, if the risk is zero, from the relationship between the two variables results that security tends to infinity, and if the risk tends to infinity, security tends to zero.
If you are already asleep reading through my definitions, please let me explain how this works in layman’s terms:
Let’s say if I do the risk analysis for a programmer, I first get a good look of the working process he is involved in, split his work into 4 parts: Production means, work environment, performer and work load. For a brief example, this is how a work related risk assessment for a programmer looks like:
Identified risk factors:
A. Production means
a. the mechanical risk factors:
• puncture and / or body cutting tool used (needles, pins, cutter, stapler, etc.);
• falling on the slippery floor
• slipping and falling of the worker from his travel route from home to work
b. electric Risk Factors
• electric shock by direct contact - wire insulation degraded
• indirect contact with electricity - damage of grounding;
B. Working environment
a. the physical risk factors:
• temperature and humidity: high or low (failure or non-functioning heating system in the office);
• office drafts favored by opening doors and room leaks;
• radiation emitted by computer monitors
b. biological risk factors:
• bacteria, viruses in the work environment on the materials they are working;
C. Performer
a. wrong actions:
• misuse of IT equipment;
• Falling by slipping, tripping, unbalancing;
• Not using an ergonomic seat
• Incorrect positioning of the IT equipment operator;
• accidental spilling containers with liquids on office electronics and electrical installations
D. Work load
• physical overload: visual overload
• mental strain:
• intense work pace
• difficult decisions in a short time
• monotony of work;
I then assign these factors of risk that I have identified numbers from 1 to 7, both on gravity and frequency, considering that 1 means insignificant damage inflicted to the body and 7 means death.
I then take each risk’s weighted average and translate it in this formula:
http://imgur.com/7qcEumS, where I have 18 identified risks
4 with the weighted average of 4
6 with the weighted average of 3
6 with the weighted average of 2
and 2 with the weighted average of 1.
And therefore we have as a result the number 3 as the overall weighted average for the risk of working as programmer. If I were to choose a career, this seems as a pretty good one, considering that a teller gets around 3.5, a construction worker around 4 or a miner gets around 5.5 on the 1 to 7 risk scale.
I think that if transposed properly and built into wallets, this type of analysis, or any other type of powerful real-time prognosis tools could take the crypto way beyond the proverbial moon, and if skilfully combined with an intuitive interface, could transform the wallet into your business partner and make trading of commodities, goods or services one click away for the non-technical user.
In the hopes I have not scared you with my FUD (due to the nature of my work) in choosing to continue your brilliant work as a programmer, I am extending an open invitation to all the community to exercise their imagination and express their wishes on what the future of crypto should be bringing. These guys are certainly here to deliver.
If you have read this far, I want to thank you for bearing my pseudo-science and wish good fortunes to you all!
-belibeli
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