patmast3r
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September 05, 2015, 08:18:22 AM |
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I activated your account. Just use the "forgot password" function to reset your password. Then you should be good to go.
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freigeist
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September 05, 2015, 08:41:29 AM |
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I activated your account. Just use the "forgot password" function to reset your password. Then you should be good to go.
Thanks for the help! Everything is fine now I'm good to go!
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rockethead
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Activity: 1059
Merit: 1016
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September 05, 2015, 03:53:58 PM |
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Crowdsale=selling an asset/token for X-value. So, don't understand what you mean by a bid order.
There are different schemes of crowdsales, some of them require ability to place bid orders. That would be an Asset Exchange with messaging bid. We don't have one now, so can't comment, although we don't think it is difficult if we ever have one.
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rockethead
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September 05, 2015, 03:59:16 PM |
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What can't existing exchanges do that AE can do other than anonymity?
Transparency. Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers. My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
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Come-from-Beyond
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Newbie
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September 05, 2015, 04:34:36 PM |
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Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
Transparency of a crowdsale is a must. Imagine if XEM were distributed in a non-transparent manner...
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patmast3r
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September 05, 2015, 04:39:26 PM |
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What can't existing exchanges do that AE can do other than anonymity?
Transparency. Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers. My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway. How does transparancy bring out scammers ? That sounds like an oxymoron. I totally agree that the AEs we've seen so far are scammers paradise I just don't see how transparancy contributes to that.
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makoto1337
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I am not Dorian Nakamoto.
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September 06, 2015, 05:27:42 AM |
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Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
Transparency of a crowdsale is a must. Imagine if XEM were distributed in a non-transparent manner... You can only have transparency by doing proper KYC techniques. For example, to confirm identity in Japan you have to send registered mail to a person's house and they have to sign for it to confirm. Without going to that extent, you cannot claim transparency (or a fair distribution) in a crowd sale. Of course it is not reasonable to go to that extent, so it depends on what the goals are. You mentioned doing proof-of-work mining before, but even then some people have more computers than others. I know for a fact that rockethead owns something like 10x more computers than me. However, if I used access to computational clusters at the university, I could gain hundreds of times more computational power than the average person.
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rockethead
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September 06, 2015, 08:40:31 AM |
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What can't existing exchanges do that AE can do other than anonymity?
Transparency. Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers. My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway. How does transparancy bring out scammers ? That sounds like an oxymoron. I totally agree that the AEs we've seen so far are scammers paradise I just don't see how transparancy contributes to that. Nobody talked about transparency bringing out Scammers. What I said was clearly this - "So what if it is transparent. In AE, you find scammers anyway, transparent or not." So, basically, AE does not work, transparent or not. AE brings more bad than good with Scammers. In other words, transparency is irrelevant, even if it is there. True transparency is like what Makoto said, KYC and a few other implementations. Other than that, it is only a transparency of transactions, which is what CFB is saying. My contention, big deal, and why need an AE?
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rockethead
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September 06, 2015, 08:47:23 AM |
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Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers.
My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway.
Transparency of a crowdsale is a must. Imagine if XEM were distributed in a non-transparent manner... How does transparency work in an AE crowdsale if the issuer is a scammer?
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Come-from-Beyond
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September 06, 2015, 08:52:00 AM |
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How does transparency work in an AE crowdsale if the issuer is a scammer?
Transparency gives a way to make sure that noone gets more Y coins than he paid in X.
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patmast3r
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September 06, 2015, 08:55:17 AM |
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What can't existing exchanges do that AE can do other than anonymity?
Transparency. Not so sure about transparency. Scammers are not transparent. Exchange is a one to many scamming if it is a scam. AE is many to many. What is transparent is really apparently transparent, but in reality, acctually loses out its relevance to Scammers. My personal opinion is that it brings in more bad than good and I personally do not support it. You can see that happening in NXT AE anyway. How does transparancy bring out scammers ? That sounds like an oxymoron. I totally agree that the AEs we've seen so far are scammers paradise I just don't see how transparancy contributes to that. Nobody talked about transparency bringing out Scammers. What I said was clearly this - " So what if it is transparent. In AE, you find scammers anyway, transparent or not." So, basically, AE does not work, transparent or not. AE brings more bad than good with Scammers. In other words, transparency is irrelevant, even if it is there. True transparency is like what Makoto said, KYC and a few other implementations. Other than that, it is only a transparency of transactions, which is what CFB is saying. My contention, big deal, and why need an AE? That sentence indeed doesn't suggest you said transparancy brings in scammers. However what I quoted did suggest it. To me at least. You didn't say anything clearly which is why I asked.
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rockethead
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September 06, 2015, 01:22:01 PM |
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How does transparency work in an AE crowdsale if the issuer is a scammer?
Transparency gives a way to make sure that noone gets more Y coins than he paid in X. That in itself is a scammer at work. Makes no difference with or without AE. Further, it is a bid. So, you already know how much and therefore how many coins you are going to get. I see no logic with the transparency coming into play on an issue that does not seem to correlate. Edit: I am referring to the original discussion about the use of an exchange vis-a-vis an AE. My contention is AE brings more bad than good, especially to the name of the platform, e.g., Nxt has created a bad name, not because of Nxt itself, but the scammy picture brought on by the AE.
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Come-from-Beyond
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September 06, 2015, 01:27:44 PM |
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Further, it is a bid. So, you already know how much and therefore how many coins you are going to get.
This statement is incorrect for some kinds of crowdsales.
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rockethead
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September 06, 2015, 01:34:50 PM |
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Further, it is a bid. So, you already know how much and therefore how many coins you are going to get.
This statement is incorrect for some kinds of crowdsales. Please explain. Otherwise, it is a meaningless statement.
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Come-from-Beyond
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September 06, 2015, 01:37:22 PM |
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Please explain. Otherwise, it is a meaningless statement.
Let's leave it as a meaningless statement, I'm not in a mood to type walls of text or look for links for you.
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jabo38
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mining is so 2012-2013
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September 06, 2015, 02:51:30 PM |
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I activated your account. Just use the "forgot password" function to reset your password. Then you should be good to go. For anybody else having this problem, I bumped up the time limits on those email links so they should be working again for a few more days.
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jabo38
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mining is so 2012-2013
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September 06, 2015, 02:53:26 PM |
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Has anyone reviewed PoI yet? My first feeling was that PoI would likely not work as intended but I had no time to analyze its complex construction. Maybe there is a paper that explains PoI in a reader-friendly manner.
Welcome back from the beyond. An econ prof here in Japan is reviewing PoI now. However, for Nakamoto consensus mechanisms to work, you need: 1) a probability distribution that everyone shares 2) that distribution cannot be arbitrarily controllable If you have those two properties, you are safe, and PoI satisfies both. There's also this http://nem.io/NEM_techRef.pdf with a section dedicated to POI. @CfB any feedback on POI? You being so influential in making PoS what it is today, I'm really curious to see how the next little step POI looks like to you.
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Come-from-Beyond
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September 06, 2015, 05:05:27 PM |
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You being so influential in making PoS what it is today.
Can't recall even a single contribution of mine into PoS other than holding few NXT.
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Come-from-Beyond
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September 06, 2015, 05:06:53 PM |
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@CfB any feedback on POI?
Not yet.
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