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Small project update:
We have hired another senior developer for the project.
On a technology level, we identified some major scaleability issues in Tendermint, and are looking to switch our chain to Hyperledger.
So far, this is not having an effect on our release date.
White paper and website is coming in the next few days.
Could you give more detail about the scalability issues with Tendermint ? and why Hyperledger ? |
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Thanks for the answer. 1. Do you mean in the infographic or in Steemit? The examples in the infographic are supposed to be simple representations of posts that users are able to post into Steemit, like icons. 2. As above, the example is just an example of user content, not about what Steemit is. Hope that explains it. got it  confusing though |
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but as far as i can tell, graphene is beast techno.. and the consensus..? it's there to evolve I think its a nice experiment overall thx for ur input mate Are you Australian? If so, we are nearby, I am in the Philippines. I am working on implementing a solution that I claim will nullify most of the dictatorial power of election (stake) and also doesn't require proof-of-work waste/dictatorship: https://bitcointalk.org/index.php?topic=1319681.msg16979534#msg16979534It also in theory (afaics) has orders-of-magnitude better performance and scaling than DPoS. I have already the design written in a rough draft of a white paper and am finishing up the final draft in Markdown syntax. The white paper needs more peer review. I will have two people I trust reading it this week. Let's see if they find any flaw. If I can get closer to a testnet implementation, we can talk about collaboration. I'd rather not interfere with you until I am sure I have something that is realistically going to make it to release. (Unfortunately I am chronically very ill with liver+digestive health debacle, so I don't know for sure if I can do what I am trying to do. I will be at a research hospital in 2nd week of January to finally get a diagnosis for my condition and I am hoping some treatment or cure for it. Fingers crossed. Until then my productivity and cognitive concentration/energy/clarity is roughly 1/4 of normal and the 3/4 is discombobulated "zombifried" delirium.)Iam mostly somewhere between EU and Asia.. I'll take a look into ur paper, just read ur comment, when u talk about puttin "the control in the hands of those who transact the most" it reminds me NEM with the proof of importance |
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i can confirm it's on the Steem blockchain. The idea of a fork was considered but i do believe it's more easy (and still possible) to take some power on the Steem blockchain and impose certain enhancement and benefit from an existing community and supports
So you are going to have both steemit and busy on the same blockchain? How will that work? Steem can have tons of apps build on the same blockchain, sharing or not the same content. You can filter the content you want to show, from any source/apps, or share the same content. Or you can also just ignore the content part and enjoy the use of the blockchain as a backend/database bootstrapping wallets & crypto with 0 transaction fee & 3s block time, for your app. i think busy and steemit will just share the content at least for the blogging part. |
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Guys, I had and have literally nothing to do with the design or implementation of busy.org. I donated some money to them to finish development because they had what looked like a solid team and good progress but not really enough funding to keep going. I've also give them some advice but primarily on organization and funding. Most if not all of the concepts and vision for busy were in place and even partially implemented before I got involved with it at all.
So i don't know what this comment about stealing ideas is about (I didn't read all the past messages) but certainly nothing like that happened with busy. Though I will say if these 'ideas' involved posts on bitcointalk that is certainly going to be fair game in practice; anyone can find those with a web search.
Thank you @smooth for the clarification. It was only speculation on my part and you have addressed it. My apology for being too paranoid. I am all for many competing experiments, so best of luck to them. Can you confirm whether their project is for the Steem blockchain or whether they are considering splintering off and making their own fork of Graphene? Or is that not to be public information for the time being? Perhaps the drop from 104 to 13 weeks cashout has the potential of concentrating the money supply more (whales who stay can accumulate dumped tokens) and also splintering the ecosystem as some whales can cashout to finance other competing blockchain forks. I would think though that everyone must understand how difficult it is to onboard a sufficient critical mass of users, thus splintering is suicidal, unless it offers some key advantage that is drastically improved in terms of onboarding. @iamnotback i can confirm it's on the Steem blockchain. The idea of a fork was considered but i do believe it's more easy (and still possible) to take some power on the Steem blockchain and impose certain enhancement and benefit from an existing community and supports Well it can't hurt to start off building your apps on the Steem since that is where the audience and exposure is for the moment, then you can keep your options open in terms of the future. For example, if I am true to my word and end up offering a blockchain that fixes the following egregious problem of DPoS, perhaps you all might want to consider your options at that future time. 6.2 CensorshipIn the case where the whales do form a monolithic majority voting bloc, they can elect all of the witnesses and thus refuse to add specific transactions to the blockchain. There are numerous profit motives and conflict of interest scenarios that make such censorship plausible. For example, in the case of the Steem blockchain, the owners of Steemit.com Inc., who apparently control a majority of the stake, could elect witnesses which block the transactions that compete with their vested interests, what ever they may be. One could imagine ecosystem applications from third parties experiencing conflicts-of-interest which destroy their business models. Might makes right and the minority voting power (which could be the majority of the participants depending on whom knows and cares that they are affected) can do nothing about this except perhaps sell their stake. The argument that the cartel voting bloc would not do this because it would crater the price and adoption is not the only possible scenario. The offenses could be isolated to one smaller target at a time, thus destroying and replacing competitors piecemeal without raising sufficient ruckus to constitute a ecosystem wide mutiny.[backdealings] References[backdealings]: smoothie, smooth, r0ach, monsterer, DecentralizeEconomics. Bitshares' DPoS "behind-the-scenes" politics. Bitcointalk.org, “The state of crypto - The only serious thread on the subforum” thread, posts #137–155, Sep 9, 2015. Please refer to the other flaws I explained about DPoS as a prerequisite to reading the above. agree to a certain extend I have never believed in Election. it's fake democracy allowing the richest to buy power. Election always ending corrupted, serving the richest. but as far as i can tell, graphene is beast techno.. and the consensus..? it's there to evolve I think its a nice experiment overall thx for ur input mate |
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Guys, I had and have literally nothing to do with the design or implementation of busy.org. I donated some money to them to finish development because they had what looked like a solid team and good progress but not really enough funding to keep going. I've also give them some advice but primarily on organization and funding. Most if not all of the concepts and vision for busy were in place and even partially implemented before I got involved with it at all.
So i don't know what this comment about stealing ideas is about (I didn't read all the past messages) but certainly nothing like that happened with busy. Though I will say if these 'ideas' involved posts on bitcointalk that is certainly going to be fair game in practice; anyone can find those with a web search.
Thank you @smooth for the clarification. It was only speculation on my part and you have addressed it. My apology for being too paranoid. I am all for many competing experiments, so best of luck to them. Can you confirm whether their project is for the Steem blockchain or whether they are considering splintering off and making their own fork of Graphene? Or is that not to be public information for the time being? Perhaps the drop from 104 to 13 weeks cashout has the potential of concentrating the money supply more (whales who stay can accumulate dumped tokens) and also splintering the ecosystem as some whales can cashout to finance other competing blockchain forks. I would think though that everyone must understand how difficult it is to onboard a sufficient critical mass of users, thus splintering is suicidal, unless it offers some key advantage that is drastically improved in terms of onboarding. @iamnotback i can confirm it's on the Steem blockchain. The idea of a fork was considered but i do believe it's more easy (and still possible) to take some power on the Steem blockchain and impose certain enhancement and benefit from an existing community and supports |
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WOW that's great!  just another interface, where's the change in the game? in the Steem game, it will for sure, since Steemit interface is kinda limited but i feel Busy more like a platform, almost like Facebook with several Apps embedded inside (all-in-one platform they say), allowing other apps to be integrated into a unique interface I think there 're a lot more to build on Steem (whatever can be done on a blockchain) than just a blogging interface like Steemit https://steemit.com/steem/@dantheman/how-anyone-can-build-custom-apps-on-steem-right-now |
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