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This sounds like an interesting concept, but I have a few questions:
Do you have connections in the commercial airlines space? It sounds like this is something you would need to be partnered with an airline to pull off.
Have you done a technical analysis of the space to see if this is even possible? I assume you would need to interface with each airlines system in order to provide your solution. Do you need to book the flight through the blockchain as well? If not, how do you validate users as well as their need for a voucher?
The language in your white paper suggests you already have some sort of technology. Do you have a prototype or will the people coming on be building from scratch?
You plan on giving advisers approximately 5% of a potentially $50 mil ICO with a vesting period of only 6 months. Why?
Finally, why do you need a CTO, Project Manager, and Lead Developer? In a startup, they are all the same person. You only have 82 days until your ICO and you don't have a product. This is exactly the problem with the ICO space. A startup looking for a CTO this late is very unstable, you need time to get to know them and work with them. At this point you need 6-7 developers, not 2-3.
Hi Thanks for your inquiry, Do you have connections in the commercial airlines space? I am currently building those relationships Have you done a technical analysis of the space to see if this is even possible? Yes we have done the technical analysis and will update the whitepaper with the transaction flow before November 21st. I assume you would need to interface with each airlines system in order to provide your solution. Correct we would have to interface with their messaging systems and ticketing systems to name a few Do you need to book the flight through the blockchain as well? If not, how do you validate users as well as their need for a voucher? No, The passenger orders a ticket, the airlines confirms registration,the chaincode is created on the blockchain that stores ticket information and contract conditions. Once the airlines cancels or delays the flight, the action is registered on the blockchain and the passenger receives notification. On the blockchain the voucher is issued in accordance with the chain code and the passenger receives the voucher. Do you have a prototype or will the people coming on be building from scratch? We will all build this from scratch and open source tools where available You plan on giving advisers approximately 5% of a potentially $50 mil ICO with a vesting period of only 6 months. Why? This is done so that our advisors are economically incentivized to improve the network into the future and not just dump their holdings right after the sale At this point you need 6-7 developers, not 2-3 When we are building out the MVP, then yes I definitely can see the need for 6 or more developers, but at the stage we are at we feel that 2-3 is enough to provide a high level architectural view, technical descriptions and a development plan for our system. Finally, why do you need a CTO, Project Manager, and Lead Developer? In a startup, they are all the same person. I have to disagree and say they should not be the same person in a startup. Each role has a specialized skill set and the task should be separated out. But if you have such a unicorn of a person with all of those skill sets at a Enterprise level I would be amazed! |
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It would be helpful if you listed compensation for the positions. Whether that is via your coin or some other form of payment etc
Also you should outline requirements for the positions, and maybe a job summary.
Thank you, but in my original post i stated the following about compensation. "Your compensation will be in our TBIT tokens once the main token offering has ended" |
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Looking for someone who can apply the design elements to our whitepaper. Please send links to your example work.
Thanks!
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Hello, We are developing a solution that uses blockchain technology(Hyperledger Fabric) with smart contracts to issue vouchers automatically to passengers when their flights are delayed or canceled. We need to fill out other key roles on our team and are looking for those who are interested. Your compensation will be in our TBIT tokens once the main token offering has ended. Below i have added some useful information about our project and the users involved. Look forward to hearing from you! Positions needed: CTO, Blockchain developer Project Manager Lead Developer Airline industry Advisors Legal Advisors This is the link to our video that describes what our product is(draft version) https://www.dropbox.com/s/t68l88rpv8caw3t/Trustabit.mp4?dl=0Here is a rough draft of our Whitepaper https://www.dropbox.com/s/5r0th1y3t2r1y2i/Draft.Whitepaper.docx?dl=0Website currently under development www.TrustaBit.ioJoin our Telegram to stay to up date on our progress t.me/TrustaBit Current team members Saritta Hines- Founder/ CEO Blair White- Director of Sales Karega McCoy- Solutions Architect Landon Williams- UX/UI Advisor Troy Benjegerdes- Blockchain Advisor I will be presenting at the Blockchain Expo in two weeks during their ICO pitch presentation so if you are going, stop by the TrustaBit booth to talk shop! Thanks |
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"What is blockchain"?
Its really hard to use own words in such complicated and innovative technology. Short definition: Its a continuously growing list of records, which are linked and secured using cryptography. On point, could be explained further for hours. For crypto currency mass adoption we need to think of ways to explain this in layman terms. I’m sure when the internet first exploded and people wanted to know what it was, we didn’t tell them about HTTP protocols, servers, clients and ip addresses, we probably just showed them cat videos on a Netscape browser and said this is the internet. Let’s explain blockchain as what it does and not necessarily what it “is” |
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""""slack quote""" https://www.coindesk.com/cdc-trial-blockchain-ibm-bid-manage-medical-data/connect the dots : - CDC --- > IBM --- > HYPERLEDGER ---> Patientory ---- > $$$$$$$$$$$$$$$$$$$$$$$$$ Is there any scope for interoperability between CDC and PTOY. I'm to believe that ptoy is meant to be an open system but would the CDC/IBM be? Be great if there was synergy, but I can't help but think it's more of a threat. (edited) we don't know if CDC and PTOY are officially partnering what we know is: Hyperledger is the blockchain project of IBM and Patientory since the end of August announced to integrate it's code with hyperledger one if CDC it's exploring blockchain to store datas it is a great news since a case of move toward adoption of our usecase and this shows also and once again that Patientory know where to beat (see hyperledger integration) part of hiperledger are also DASH and not a case i think dashpay and secure ids.. I understand hyperledger is about open systems which is why I'm hopeful ptoy will have abulity plugin to CDC. Gonna be interesting to see where this goes. If I'm PTOY now, I'm calling by CDC for coffee though haha integrating hyperledger I guess is their way to call for coffee What surprises me is that they didnt opt for Hyperledger Fabric in the beginning since they are dealing with such sensitive data and why they would consider Ethereum |
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One issue that i am often faced with when talking about bitcoin and blockchain, is "What is blockchain"? My answer really depends on the audience and how i explain it to them. I really want people to get excited about it, but trying to explain what a nonce is or SHA256 doesnt really relate well to everyone. So ive came across this example that pretty much sums it up in layman terms
"Think of it this way...The blockchain is like a google spreadsheet that can reside on the desk of officials who need to reference it, in the field on a mobile device of workers who need to input data and regular citizens who just want to maintain a copy of it. None of these parties own it which makes it distributed and its peer to peer meaning anyone can access it. Its immutable, meaning no one can change it."
Interested to see what you all are using.
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I believe I have a decent understanding of how Bitcoin works, but sometimes when I read news I stumble upon "the blockchain technology" - blockchain for banks, blockchain for medical records, blockchain for real estate and so on. From my understanding, most of them are private blockchains (correct me if I'm wrong), but when I tried to find some info on how those private blockchains work, I didn't get much. So, I have some questions:
1. How do they work? How blocks are organized? Are there any miners? Are they at least slightly more decentralized than traditional solutions?
2. Why blockchain? Does it solve any problems? Is this more efficient than traditional solutions? Are there any benefits for customers?
Private blockchains have a similar concept technically with public blockchains with slight differences. One of those differences is the consensus algorithm. Ethereum the public blockchain uses Proof of work while Hyperledger Fabric the private blockchain uses Practical Byzantine Fault Tolerance. Ethereum has miners that are anon and Fabric has no miners but nodes and you are aware who the nodes are in your network. In a sense Hyperledger Fabric would be considered a centralized network and not decentralized like Ethereum. Most Enterprises who are interested in Blockchain lean towards the Hyperledger project because its backed by the Linux foundation and heavyweights like IBM and Oracle are adopting it and they dont want their data in a public blockchain. Blocks are organized the same way where transactions are added to the blocks, the blocks are replicated to the participants that need to validate the transactions, once all network parties validate the transaction the block is added to the chain. You can use Smart Contracts on the private blockchains, but they are called Chain codes and you can have Oracles feed data from outside sources to them. Why Blockchain? Well..no Intermediaries, transparency, less fraud, better processing, better visibility, protecting your consumer data... "Is this more efficient than traditional solutions?" Honestly its hard to say if its better than your traditional solution, because if you tell me you want a blockchain solution to host all your image files then blockchain is not for you. So it really depends on your specific use case |
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Would it be possible to implement another hard fork in the bitcoin blockchain and introduce the smart contract logic instead of doing it on a side chain like RSK?
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Hi guys, could you please briefly explain me what does the following mean? Proof of stake Proof of work - mineable? Proof of burn - Burning tokens, i got it Proof of concept I tried to google it but it is too diff for me to understand  ( so pls explain it for absolutely dumb misa thx Oh my friend this is just the tip of the iceberg. How about PBFT (Practical Byzantine Fault Tolerance) that is used with Ripple and Hyperledger Fabric----"Each ‘general’ maintains an internal state (ongoing specific information or status). When a ‘general’ receives a message, they use the message in conjunction with their internal state to run a computation or operation. This computation in turn tells that individual ‘general’ what to think about the message in question. Then, after reaching his individual decision about the new message, that ‘general’ shares that decision with all the other ‘generals’ in the system. A consensus decision is determined based on the total decisions submitted by all generals" Proof of Elapsed Time that Intel is developing with Sawtooth on the Hyperledger Project. This seems promising and energy efficient as it goes back to CPU's and not ASICS or GPU's |
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You could but it's usually not the most effient place to store large amounts of data. Blockchains strength is its immutable nature which makes it ideal as a ledger but considering the cost and bandwidth for mirroring large chunks of data to ever node it isn't ideal.
You are right but If these datas are very very large amount, I mean "Big data", I think this methode can more usefull than keeping in the database ha? So where would this “big data” be stored at? Would you have an offchain database to write your large datasets to? For instance, a medical records company that is producing 300GB of data a day |
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I would say listen to your electrician. Every country has different electrical codes. And just because you "Can", do something theoretically, doesn't mean you can do it in your country. I am pretty positive the electrician won't say, well if you heard it on the internet, then I will wire it that way.
Exactly! Listen to the electrician and at the very least get a second opinion from another electrician. Don't trust us on the internet with this one buddy |
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Please help me I dont know where to put avatar in able to show in my account. Teach me please.
Hi there, read this post and it will tell you about the avatar restrictions and other useful information https://bitcointalk.org/index.php?topic=1689727.0 |
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i'm newbie just know cryptocurrency, i have a little money and i really want to income ICO. But a newbie like me will not discern which is a good project. so i hope old member who have experience this will share for me How to know a good project?
1. Clear and concise white paper 2. Road map is not present 3. Great English skills and no typos 4. Linkedin Bios to the team 5. When they use terms like, "No one else is doing this", "Best product ever", "Buy Now", or any other call to action words in their white paper 6. Not properly identifying their competitive landscape 7. Broken links on their website 8. No mention of Allocation of Funds 9. How many coins are they minting 10. Do they have any knowledge on Blockchain |
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I have budget of 300 to 500$ for this project
Is my budget is enough to start own gambling site , exclude advertising.
How much time I need to spent on this?
Which features should I add in my gambling site? ( Games or etc.)
Anything Else or any suggestion.
PLEASE DONT COME IF YOU WANT TO LAUGH ON ME
( I don't have any knowledge but I want to invest my money somewhere which give me good profit or only profit)
Are you going to do the UI/UX and coding yourself? You will need more than 500$ reserve to pay out your players when they hit. As far as time spent on this, if you are talking about time until a MVP, i would say 4-6 months. But realistically for a legit gambling site you would need at least 25K to pull this off with 10K in reserve and you doing a big portion of the work yourself. |
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I would like recommend a book called < blockchain revolution > which will give you an insight into the tech behind bitcoin and how it can disrupt the existing world.  Yes indeed, this is a great book...I have the audio book and have been listening to it for the past 3 months now, its on repeat and helps me get through my 2 hour a day commute back and forth to work |
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I think that if you gave me an incentive to use my crypto then i would use it..Maybe 10% off, or whatever you would have to pay in credit card transactions fees split that with me
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Thank you for posting this useful information. This is definitely a starting point for investors to read so they can see how an ICO can be successful, in hopes that it would help them decipher between the scammers and those truly committed to a project. What I would really like to see is a report on how ICO’s are staying with their roadmaps and if they ever produced a MVP
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Hello Everyone, I hope you're doing all very well, I'm here today to speak about a project that we are working on,
The goal is to make a place where people could find anything they need for a travel to another country with bitcoin,
For example, you'll be able to book a room or an house, check places where you can go and pay in btc, like bars, tourism places, museums etc,
Everything listed on this website will be about travelling, and be sure that you can make a travel 100% in Bitcoin,
This idea came after Japan accepted officially the bitcoin as a currency everywhere, the place will just be based on people reviews, we don't ask for anything,
But i've some questions, and for that I'll need to have some advices from you, we know some places are against giving the right to rent their house or their room or for a limited time, for example, in New-York you can't rent your flat more than 30 days per year, what should we do about this ?
The goal is to stay legit and just give the opportunity for the btc to grow,
Because if this place works, more restaurants, more hotels, more places will start accepting the bitcoin around the world,
Thanks a lot guys,
Cheers !
Sounds like a great idea, here is a thread https://bitcointalk.org/index.php?topic=2204636.msg22619793#msg22619793 where people were posting their experiences with traveling with Bitcoin only. It could give you some user insight on what their process and experience was to get ideas for your system. The book Blockchain revolution talked in detail about a disrupter dubbed B-Airbnb, I think you should check it out |
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You actually started first but someone else does it first. do you still launch as competition or quit give up and go back in the closet ?
I’m glad you got your mojo back and didnt pull that trigger! Competition is good for the soul, you can see what they lack in and make your product that much better. Plan, anticipate and execute flawlessly |
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