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StanLarimer (OP)
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June 21, 2015, 12:43:01 PM |
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A Note about too much information:
now I know why BitShares is hard to sell..... We expect ordinary people to read through all these overwhelming information and then pay for it . I didn't know there are these much information before .  I don't expect end-users to do such thorough research at all. The referral program and secure SmartCoin banking services will attract them. This information is to attract businesses to build on top of bts and for investors to see the potential before 2.0 is released. If all this was easy to understand then many of us would not be in the position we are in now. Nothing is free - extensive research is the cost to feel comfortable betting big on cutting edge technology. I think UIAs are going to bring in the most customers. Shopping chains will issue discount coupons, gaming services will issue tokens to enhance the experience and innumerable other uses will get their attention. BTS will capture customers from where they are already comfortable and improve their life - not persuade them to understand crypto. DPOS 2.0 solves so many of the problems in crypto that its almost too good to be true. Can't wait!
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StanLarimer (OP)
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June 22, 2015, 02:18:49 AM |
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I was surprised to see this thread suddenly moved over to the service discussion subforum. [ANN] BitShares Exchange Network
So I guess I'll have to put a link to it from here since this is not just a service discussion, it is a fundamental characteristic of BitShares 2.0 and essential to understanding its true significance as a "Bitcoin 2.0" Smartchain. For example, take a look at this post taken from the very beginning of that thread. Hopefully it can be seen that it is describing a whole new use case for the BitShares 2.0 blockchain. The BitShares Blockchain now has a whole new purpose. Not only is it a second generation coin containing a decentralized exchange that produces smart-currency products... Now it's also a transparent inter-company network letting exchanges give their customers and assets trading access to customers and assets on other exchanges. Instead of competing with traditional exchanges,
we are multiplying the markets they can enjoy by networking with each other.
Here's the details about why this is revolutionary: Now that you've had time to absorb all the cool new features in BitShares 2.0, its time to start unveiling some of the implications about what is possible. In this post, I'll lay out one of them. The BitShares blockchain can serve as a backbone
to support live trading between traditional exchanges. Now, instead of having separate shallow markets inside their own stovepipe order books, they can use BitShares to enable all their customers to trade all their assets with the customers and assets of other exchanges. Small exchanges can band together to attract medium exchanges to join them to compete with still bigger exchanges. Like a rolling stone. This greatly expands the network effect, liquidity and market depth of all participants. A bigger pie for everyone. And with our new referral system, every participating exchange keeps their own profits from signing up their own customers and issuing their own assets. We have the perfect way for them to safely compete and cooperate on a single, compelling, transparent exchange network. The BitShares Exchange Network. So, exchanges can do more than just serve as gateways and bridges.
They can publish their own order books transparently on our blockchain.
So everyone can KNOW that they are honest and solvent. And every customer holds the keys to their own assets, fully decentralized where they won't be such juicy targets for hackers. With easy to use multi-sig accounts to make those decentralized accounts even more secure. BitShares 2.0 has the industrial strength to handle the workload of all member crypto exchanges combined. It is the perfect application to serve as an inter exchange networking back bone. (Almost like we planned it that way.) Yeah, but it will never happen, right? Not so fast! Check out this week's Big BitShares Announcement! CCEDK.com will put its exchange on a transparent block chain offering to trade with other exchanges there.
(And provide them fiat ramps and crypto-aware debit card support in the mix.)
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DreamSpace
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June 22, 2015, 10:43:04 AM |
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i have one question, i had several balances of the former PTS, AGS and imported the keys some time ago into the new bts client.
when will i see the imported balances "official" in the bts client and is there a console command to verify what kind of balances will pop-up in the future?
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testz
Legendary
 Offline
Activity: 1764
Merit: 1018
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June 22, 2015, 02:33:29 PM |
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i have one question, i had several balances of the former PTS, AGS and imported the keys some time ago into the new bts client.
when will i see the imported balances "official" in the bts client and is there a console command to verify what kind of balances will pop-up in the future?
First please check your balance here: http://www1.agsexplorer.comTo check vesting balance (after BitShares merger BTSX->BTS) in BitShares client console type: wallet_account_vesting_balances <account name>
Calc sum of "available_balance" field and divide by 100000 your get your vesting balance in BTS. If you have more questions, and you want fast reply, ask them here: https://bitsharestalk.org |
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StanLarimer (OP)
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June 23, 2015, 04:46:13 PM |
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That real world asset has value, and so does the blockchain token (bitcoin and BitShares).
Bitcoin Lesson 1.0 = blockchain tokens have value because people perform useful work to operate and protect them. Only after you fully grasp that concept can you graduate and move on to Bitcoin Lesson 2.0 which is that you can use these tokens when trading collateral values on a blockchain.
Congratulations Mr. Keiser for graduating (no matter how long it finally took you to learn this technical lesson). Now you can help your fans protect themselves financially, while they get into crypto.
+5% Nicely stated and a great way to explain SmartCoins to others. Agreed, that was eloquent. +5% |
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StanLarimer (OP)
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June 23, 2015, 05:19:24 PM |
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From today's Banx announcement about joining the BitShares Exchange Network
Leaning forward as if to tell me a secret, Lyford went on, “But that wasn’t their killer business model at all! Sure, they are a stand-alone decentralized exchange on a blockchain that you can interact with from your own wallet just like Bitcoin, but that was just their prototype demo. This year they are upgrading to an industrial strength platform that can handle every transaction in the whole crypto industry with enough bandwidth left over to host everything Visa is doing as well! And their transactions verify in 1 second not 1 hour.” Why do they need that kind of bandwidth? “Because they are offering their “Smartchain” as a safe, level playing field for use by the whole industry. It can serve as backbone network to all the exchanges as a way for them to trade with and against each other. Instead of keeping their order books in a dark, closed, isolated, hackable stovepipe, they can put them all out there in the transparent open where all their combined customers can trade against all their combined assets!” He sat back as if he had just explained The Universe and Everything. “Don’t you see,” he went on, “With shared order books we have deeper markets, tighter spreads, and greater liquidity. And since our customers keep their own keys while trading on this network we can’t get hacked! Not only that, with BitShares easy to use hierarchical multi-sig capabilities, even our customers can’t get hacked.” Read more: http://www.digitaljournal.com/pr/2593119#ixzz3duGpsChx
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StanLarimer (OP)
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June 24, 2015, 01:58:53 AM |
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This is awesome news! Of all the selling points for BitShares, security would not have made my 'Top 5 reasons BitShares is unstoppable', and yet security is evidently a major concern that is drawing entrepreneurs to this chain (see quote below from press release). Nicely done, everyone, and especially to the developers who have worked so hard to make this technology rock solid.
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“Some of the biggest digital currency exchanges have been hacked and the rest are looking over their shoulders” says Banx Capital CEO and Founder Mark Lyford. “BitShares is offering their SmartChain as a safe, level playing field for use by the whole industry. It can serve as backbone network to all the exchanges as a way for them to trade with and against each other. With shared order books we will have deeper markets, tighter spreads, and greater liquidity. And since our customers keep their own keys while trading on this network, combined with hierarchical multi-sig capabilities – we can’t get hacked, and our customers can’t get hacked.”
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StanLarimer (OP)
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June 24, 2015, 02:33:17 AM |
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Yet another example of the innovative businesses building on BitShares
This video was made with the help of the greatest word wizard of BitShares, CryptoPrometheus, and our latest BitShares freelancer who is now accepting bitUSD, Thekool1s. This video took a few days to get right, but working with Thekool1s was an absolute pleasure. He had to make several edits to get it right, but he never complained, always eager to make sure it was done right. He showed he cared about making it a great video, and wouldn't stop until it was just right. I highly recommend if you are considering getting a video like this done to contact him. You can see his offer posting here: https://bitsharestalk.org/index.php/topic,17033Feel free to thumb-up our video on Youtube if you agree. 
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StanLarimer (OP)
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June 25, 2015, 01:06:22 AM
Last edit: June 25, 2015, 12:26:05 PM by StanLarimer |
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I liked this so much, I didn't want to waste it on a scam thread, so I'll quote myself here: Seeing two Top Ten assets share one industrial grade Smartchain: Nice!
Seeing four exchanges partnering to produce a market bigger than their individual stovepipes: Very Nice!
Realizing that your own coin or exchange is welcome to join the same party: Priceless!
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StanLarimer (OP)
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June 25, 2015, 06:28:42 PM |
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Live Worldwide Q&A with Bytemaster Every Friday at 10:00 Eastern Daylight Time. Or better yet--Join us! For updates on upcoming events, attend, record and report live from our Mumble Server!
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StanLarimer (OP)
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June 28, 2015, 04:53:03 PM |
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Re: Where I can listen Beyond Bitcoin Community hangouts?
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markm
Legendary
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Activity: 2940
Merit: 1090
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June 28, 2015, 09:28:16 PM |
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Google found me a thread about PTS upgrade/update and I posted there my problem trying to build PTS, but the thread was long long dead (over 120 days it said) so dunno if I can expect any answer there: https://bitcointalk.org/index.php?topic=878059.msg11732988#msg11732988Actually google found two threads, the other seemed to be about an earlier upgrade/update: https://bitcointalk.org/index.php?topic=325261.1380The link https://bitcointalk.org/index.php?topic=878059.msg11732988#msg11732988 is to my actual post, hopefully someone can address it? TL;DR the newer update points into the github tree yet the clone URL shown on that page is the same as the one for the other thread which points to the top of the directory tree, yet the Ubuntu build instructions are the same and do not work. I suspect they need to have added to them something about some kind of git magic addressing the fact the link is not to the top of the tree but to some kind of branch or tag or somesuch down inside the tree. -MarkM- |
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StanLarimer (OP)
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June 29, 2015, 03:12:17 AM |
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Best way to get answers to questions like these is to visit bitsharestalk.org where lots of people like to help debug such issues. |
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