I cannot see how focussing on allowing a small community to swap funds with each other indefinitely can do much to progress the outwards appearance or long term goals of the effort to bring digital money to everyday people. It is precisely because focus of the majority is on trying to profit from each other that things have deteriorated so badly, people get hacked and scammed because ultimately they are all trying to get a larger portion of the sum of money they together share. Almost every coin on every exchange has no need to be on an exchange, they have no users and no real value. The time to worry about being on an exchange, and to address the security concerns involved, is when you have every day people shouting at your door to provide a way for them to acquire more. Every day people, acquiring more to use in every day transactions. Not miners, investors, speculators, bad actors, and traders, all trying to take profit from the same thing, something which is obviously impossible, which leads to negative sentiment, and encourages more bad actions. Cryptographic currency is completely purposeless without every day people and businesses using it. Their needs should be paramount, while doing what is reasonable to balance the needs of those who enable it, the people around here. |
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When will BTM hit exchange? man
When this is demanded it will naturally happen. If you are looking to acquire some BTM there are many ways to get it at a fair cost. If you wish to sell some BTM there are people who frequent this forum that are willing to buy any BTM that becomes available and have asked to do so a number of times. getMarked Funding Goal: 0.8/8 BTC, with 1.25 BTC pledged. Thank you to every one that has invested or donated so far. |
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When we go fully open source we'll be able to expand the dev team and get more eyes on the code.
After many discussions with all sectors of the community, we came to the conclusion that the following approach had many benefits https://github.com/project-bitmark/bitmark/wiki/IPM-PoolPlease do consider the proposal as it may help ensure the balance and longevity of your coin. Best Wishes, Mark |
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Small Project for the Future
Create a small client that allows users to automate payments using simple rules.
If the date is the last friday of the month and the balance of account "current" is greater than 10 then send 3.26 to this-address.
When balance is greater than 0.5 send 0.245 to some-address.
By creating this we will allow users to automate their payments, and to save time.
The first example pays a monthly bill, the second allows a user to specify that when a payment is received something due will be paid.
Rules like this reduce the overhead of managing a daily use currency, it may also be useful to businesses.
It could be built on the json rpc api, so that users of Bitmark, Bitcoin and any recent currency would benefit.
The project will be quick and useful, when we have time we should build it. If anybody reading wants to do it first that would be better.
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But the fact of the matter is that BTC is in the enviable situation that there is no one bigger that it using the same mining hardware. You are not in that situation, and nor are we. [EDIT: And unless we change our PoW, we will never be in that enviable situation unless/until there are custom Cryptonight miners. And unless you change your PoW you will never be in that enviable situation unless LTC fails - or you grow bigger than it.]
Perhaps both will happen  |
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no coin can start with ASICs, but ASIC mining ultimately creates stability and makes it harder, not easier, for someone to rapidly attain 51% of the network, at least if you can create an ecosystem where you by far outnumber other users of the ASIC.
We have started with scrypt, and almost all miners are smaller ASICs, the network is stable. I wrote this to a GPU miner yesterday, I feel it is applicable to what you say: GPU miners can't mine it fairly, it's impossible, arguments there in wiki ain't make GPU owners to mine it. Lots of Titans will land on this coin and in a week expect incredible difficulty. You have to make it at least scrypt-n, so home miners can win several months. This is it. Good luck.
GPU miners can mine Bitmark fairly, you will receive an amount of BTM according to how much hashrate you commit to securing the networking for it's users. Mining is a service offered, not a money printing machine. If you offer a less efficient service that is not as beneficial to the users then your service will not generate as much revenue. Technology progresses over time, GPU miners made CPU miners redundant, ASICs make GPUs redundant. You keep up or you fall behind. I am the developer, I do not have an asic, I cannot mine the coin I created. When I can I will buy an asic to do so, and if I want to sooner I will hire one, or later buy some BTM, but that is speculation on my part. My service is not mining, my service is developing. If your service is mining then treat it as a business and upgrade your hardware, or target your service at people who require gpu hashing to secure their network. Bitmark's focus is on it's users, the decision to use scrypt is in their best interests, to keep their network reliable and secure. Perhaps that helps give another viewpoint to the (scrypt) ASIC question |
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from #bitmark on freenode, about the getMarked social system, very interesting [20:43] <@MarkPfennig> down votes allow exploit.. consider if getMarked was full of markers, and somebody posted of an alternative currency, the same thing would happen as with downvotes, new things would get buried by those with self interest, which is a huge problem for large communities and commercial ventures [20:43] <@MarkPfennig> the dynamics can be complex to get in to, for something as simple as a '+1' [20:45] <@MarkPfennig> another social question was about bad actors cashing in on good things. Example: bad actors marks a video of a charity which is unclaimed. The marker gets all the marks, the charity none... however ... [20:46] <@MarkPfennig> the act of sharing it to a good community means the getMarked community would bring the charity under their wing, and say put the getMarked button on your site so we can pay you by marking it! [20:46] <@MarkPfennig> bringing them in to the fold [20:46] <@MarkPfennig> so the bad actor gets some reward, but the charity more overall, turns bad in to good [20:46] <PabloAngello> everywhere are people that will want to cheat others [20:46] <PabloAngello> claiming good intentions [20:47] <PabloAngello> people have to decide whether they send them some or not [20:48] <@MarkPfennig> it is interesting that if we incentivise the bad actor, it is beneficial to the community [20:49] <@MarkPfennig> they know that the getMarked community is good, so they share good things in order to get marks with bad intentions.. [20:49] <PabloAngello> where are money there are thievs, so community grows by amount of thieves too :p [20:49] <@MarkPfennig> but it rewards the good action instead of the bad [20:50] <@MarkPfennig> yes, thieves can be seen as good in this system, some 'theft' is tolerated for the greater good.. [20:50] <@MarkPfennig> we had a great example, think about this [20:50] <@MarkPfennig> a hard working musician has his work ripped and shared by a bad actor.. [20:51] <@MarkPfennig> if the musician is good, the getMarked community become his followers and bring him in to the fold, showing how he can earn marks for his hard work just by doing what he loves and sharing it [20:51] <@MarkPfennig> the bad action, or 'theft' is beneficial for all involved [20:52] <@MarkPfennig> it was hard to find a scenario where a bad action did not work out for the best [20:53] <@MarkPfennig> as the music ripper was rewarded he does it again, bringing in more musicians.. [20:54] <@MarkPfennig> next time it is a getMarked user who shares the musicians new track, then another does it too... both of those users get 50% of the marks they generate for the musician, and the musician gets as much as both of them combined.. if there are 100 sharers the network effect is huge [20:55] <@MarkPfennig> the magic for all, is that every marking begins a process of distribution where amounts of mark are split in half and distributed further... as the network grows this keeps repeating, halving each time, bringing in more people and distributing smaller fractions further [20:56] <@MarkPfennig> every mark may reasonably be halved many times per day |
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Bitmark has quickly gained momentum on this front. The progress made on getmarked.org is remarkable (pun intended). I am looking forward to the experience of being marked, by getmarked, for the first time.
You already can by playing a game. Last night I read the proposal to my wife, and she understood most of it, for sure the parts a user needs to. We grabbed some loose change and began playing 'getMarked', the part which is like reddit with more flows of reputation (marks). You put something down and mark it with a coin, you have said 'this is good, here is a mark'. The marker is then publicly listed on getMarked, under your public feed of marked things, and the main stream of marked things. Others can see what you have marked, and also mark it too. You get all of the marks given to the thing you marked.. you 'get marked'. Claimed rule. If the thing is claimed as being created by another user of getMarked then you get half the marks generated through your marker and the creator gets half the marks. If you create something good and claim it by having the getMarked button on it, and many people mark it in different ways, each of them get a portion of the marks, and you get half of the sum of all marks given. Spam If somebody tries to spam, they have to spend a mark to post the spam, nobody marks it and they have wasted a mark. Downmarking is not included If down marking is included, then any downmark costs a mark. The first markers mark is refunded by this mark and uncounted from the total. At this point the marker has his mark back, the content creator still has the mark, and the downmarker has one mark less. This starts a war, as the marker can mark the thing again giving another mark to the content creator, and costing the downmarker another mark to remove! This prevents actions of bad actors, when a competitor tries do remove content and similar scenarios. The problem comes with spam, if a spammer with two accounts marks his own content, he gets all the marks from every downmarker repeatedly. So it is not included. We tried different setups but could not find a way to make 'downmarking' work. If anybody could find a way to make 'downmarking' work, it would be very fun. getMarked Funding Goal: 0.7/8 BTC, with 1 BTC pledged. |
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It is fine to forget the Bitmark logo and color, getMarked must stand alone.
A 'Mark' is a different unit, it is giving reputation, later paying.
Androidicus, I think you have identified that we should use a checkmark, well done.
Can we design a Checkmark to look subtly like a currency symbol?
... and put the work 'mark' beside it? consider this button to sit in a row with others [ 'like' 'tweet' 'mark' 'pin' ]
Stick to monochromatic, add a color later if we need one.
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An 'unofficial' user-created twitter account, the project has @ProjectBitmark for when it is needed. I noticed it some time ago, and felt why not, it is clear their intentions are god. To whoever runs this account, please update the logo as that is not ours, and also remove the word 'Coin', 'Bitmark' is the name. Thank you. Awesome stuff.  Thinking it over a bit if I were to start up a web project that involved getMarked it would actually make more sense to use Wordpress considering it's the most widely used CMS. WP support will be created as a matter of priority for getMarked and Bitmark alike, do not let this be the only priority, a code snippet should work on any website, this we will do first. Already people plan to build on what is proposed, that is good. getMarked Funding Goal: 0.7/8 BTC, with 1 BTC pledged. |
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You may want to read http://getmarked.org/ getMarked provides instant one click viral crowd funding for everybody in the world at web scale. |
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Today there may be a significant addition to the Get Marked proposal. It is being reviewed by trusted peers now. If the reply is that the proposal is sound, we will have to act quickly, and be prepared for a change in momentum and an unknown but positive impact. I apologise for being vague at this time, you may want to monitor the thread for an update over the coming hours. Get Marked Funding Goal: 0.7/8 BTC, with 0.75 BTC pledged. |
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I would be interested in helping out with building websites. I mostly do Python programming, but have dabbled in a lot of different languages. I built basic websites in school (as a design major), but as a self-taught programmer, I've always been concerned about making that leap to being responsible for security.
Let us knowledge share, I know many languages but can only hack at python. Build what you want to build, what you think may be fun. I will help, and others too. |
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I agree that Bitmark should strive to reach outside of this community, however to accomplish this we must first provide a site for people to view Bitmark. As we reach out to communities we want to direct them to a site outside of this forum.
IMO - Bitmark does need crowdfunding and exposure, just not through this medium.
Peoples 1st Impression of Bitmark, must be a lasting impression.
Agree. We already have a site and the IPM pool frontend almost finished, I think. I'm sure Mark will give some feedback about it very soon. Yes to both, and some other things to graph our network and things like that. Soon a prototype of GetMarked too. |
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I'm thinking about starting a website that will use getmarked. Mainly a platform to publish articles that can be marked and also a forum that can implement getmarked as a karma system at some point.
This is a wonderful idea. May I suggest that you only do it for the following reasons. 1. to gain experience if you plan to be a web developer 2. around a subject you feel passionate about If 2 is not the case, and 1 is, then I propose that you come on board with GetMarked and Bitmark, there are many websites which need created, and if you are learning I will be happy to spend time with you, provide support, and mentor where I can. I foresee that many plugins and integrations will need created, and some companies will approach GetMarked to integrate it on their blog, website, forum. Or ask for freelancers to integrate it. It could be nice to start out a career being a specialist in an upcoming technology, with full references and support from them. There will also be a need as I have said for people to take over and 'own' GetMarked, you could be one and start that journey now. I am sorry in advance if this is not applicable to you perhaps it is applicable to somebody reading. plug-in the GetMarked system?
We can start with the popular ones and by demand, integrating each as we go. We must make them good so that maintenance does not become too high of an overhead. I'd rather not do wordpress but I'm not 100% against it. But getmarked definitely has to have a wordpress plugin at some point! Think of the millions of people who use wordpress being exposed to Marks/Bitmark for the first time. It's like a faucet but for regular people who use the web. Such a massive untapped market of people not into crypto, but this gives them a way to actually use crypto without downloading anything and not risking anything yet.
I cannot improve what you have said, so I will bold and repeat it Think of the millions of people who use wordpress being exposed to Marks/Bitmark for the first time.
It's like a faucet but for regular people who use the web.
Such a massive untapped market of people not into crypto, but this gives them a way to actually use crypto without downloading anything and not risking anything yet.Here we have somebody who has truly understood what is proposed, thank you Este! Just for the record, 6 BTC equals 6 x minimum wage in my country and is a bit more them the sum of both me and my wife's mensal wages working full time as teachers in a College. This serves just as a side note to open our minds to the different real life realities we have in just a little community like ours.
The beauty of crypto is that it is not geographically targeted, the 'price-tag' value of a BTM will be the same as for you. Because your investment is so large in proportion to your income, we can hope the rewards will be too. I understand that. And I agree. I've just prefered the crowdfunding was made on a proper platform, outside this thread, with visibility outside the community, with all the details, goals, timmings about the development process, aswell the funders rewards or prizes stated so everybody could understand what we're aiming and when should we expect to have the basic system ready to enter production stage. Like any other crowdfunding project, I mean What you say is true. We should consider our first impressions to the outside world, it would be nice to show them something like GetMarked, not a thread in the alternative currency section of this particular website  Can we reverse the situation and set unattainable targets? Then we can be featured on crowdfunding platforms but never receive any funds, free promotion and adoption. The future of Bitmark is only limited by the constraints we impose on it... therefore, taking into account the substance found within the posts of our still young community, Bitmarks Future is Boundless
Pedantry follows... Technically the future of Bitmark is unlimited precisely because we do impose constraints. Bitmark should be light and fast and fit for purpose, a module which is designed to be part of larger existing systems, not separate to them. Bitmark the encompassing project becomes wholly unconstrained, as it's focus is on integration and adoption. By placing constraints and specifying what we will not do, we enable ourselves to do many things. GetMarked is an example of this, by removing 'bitmark' the program from the equation we open the doors to widespread adoption of the bitmark the currency, and give ourselves time to create many nice clients each with it's own specificity. taking into account the substance found within the posts of our still young community, Bitmarks Future is Boundless
IMO - Bitmark does need crowdfunding and exposure, just not through this medium.
Peoples 1st Impression of Bitmark, must be a lasting impression.
Soon I will not need to reply, people are already saying what I would. Get Marked Funding Goal: 0.6/8 BTC |
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So, this specific investment will just pay off when 1 BTM = 50k satoshi. Now how far are we from that?
The average production cost is 1 BTM = 10k Satoshi. data50k satoshi's correlates to a network speed of 5.5GH/s, 1% of litecoin dataIs there a BTC address to assist Mark with the BTC requirements of Get Marked?
Thanks
The same one since inception 18rai2ichzUfXG6PVmUQLNPqBjtctnVRAD Este, I will reply to you shortly and I think it's a fabulous idea. I am happy to create plugin's for all major content management systems including any you may pick. The only language I don't know too well is python, but others will help with that. |
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We should not be donating in BTC, but rather, in BTM! This is a much better way to fuel innovation and create incentive for further development!
I could not agree more. The Bitmark Foundation needs BTM to ensure Bitmarks future. I personally just need some help for a very short term in the form of BTC for the project(s) to really reach critical mass. I did everything I could to avoid this, hence no IPO, exchange, premine or anything unfair. |
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Absolutely - our kids are grown, we have grand-children! Our notion of rewards differ, but only because of the passage of time... Just sent 0.2 BTC - It's all I can do as I have next to nothing that I can play with but have a firm belief in this project. I do NOT want any BTM in return. I want the Foundation to succeed and its goals to be reached. Thank you for your show of support in all ways, you have just kick started Get Marked, I hope it matches or exceeds your expectation over the coming weeks and far beyond. There are many good people in this growing community. I will do all I can to ensure your efforts pay dividends, and that we have some fun and interest in the process Mark is still committed to Bitmark as a coin. But, the various side projects do take time. This is all open source and community-driven, so I'm sure if someone wanted to step up and take control of the GetMarked project, Mark would gladly let them and focus on the coin's core.
Help is always valued. For this first side project I feel it is important to set the bar high, I hope this does not sound big-headed. For that reason I want to start it myself with as much engagement from you all as possible, as time progresses hand it over and watch it grow in all of your hands. This is to be as inclusive as possible to everyone in the process, everything public, it will ensure it's success. Once people see that process working well, they will join and do it too. Anything to encourage adoption on all fronts. Future adoption based side projects can be launched by anybody, and I will gladly commit as much time as I can to each and every one of them. I only see myself as having an example role whilst we grow, it will reduce over time, becoming more varied. Get Marked Funding Goal: 0.2/8 BTC |
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Meeting living costs and striking a balance does not = reward, it = survival
I for one could not give up my 'day-job' to pursue my speculation for reward, as much as I would like to!
I feel the same but our notion of reward differs. The reward for me is to create a day job for myself and others doing something with merit. The plan was to balance time to enable this, the project demands more than I can give for a short time. Which do I let slip? my family, my paid work (also my family), or bitmark? Without a little bit of help here it will have to be bitmark, as much as I love everything we do here, I have asked my family to make enough concessions, I cannot ask them not to eat. Let us not forget that the rewards for anybody who helps, and who is involved and acquiring bitmarks, are potentially far greater. |
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