Reggie Middleton (OP)
Full Member
Offline
Activity: 136
Merit: 100
UltraCoin "Smart" Derivatives: The Future of Money
|
|
August 24, 2014, 12:54:43 PM |
|
See this RT clip at the 4 minute mark http://youtu.be/6PPBVIktY28?t=4s
|
*Link Removed* : The Future of Money! A "Smart", Zero Trust, Peer to Peer, Decentralized derivative layer on top of Bitcoin!!! *Image Removed*
|
|
|
GangkisKhan
|
|
August 24, 2014, 01:36:52 PM |
|
Informative news channel.
Mainstream news going to become obsolete to youtube news sooner than most people think.
|
|
|
|
cccarnation
Member
Offline
Activity: 146
Merit: 10
One Token to Move Anything Anywhere
|
|
August 24, 2014, 11:25:32 PM |
|
I don't really understand how this is supposed to work, I'd like a concrete example
|
|
|
|
illymoka
Member
Offline
Activity: 133
Merit: 10
|
|
August 24, 2014, 11:39:51 PM |
|
This is actually a very shitty interview. Discussion is waaaaaaay too abstract. The guy should have tangible examples that normal, everyday people can relate to. He's on television, talking to a wide audience. He isn't giving a presentation at a developer forum
|
|
|
|
franky1
Legendary
Offline
Activity: 4368
Merit: 4744
|
|
August 24, 2014, 11:56:16 PM |
|
i agree contracts can be powerful tools. yet the way EVERYONE explains it seems very wishy-washy,
|
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
|
|
|
DooMAD
Legendary
Offline
Activity: 3934
Merit: 3189
Leave no FUD unchallenged
|
|
August 25, 2014, 12:15:40 AM |
|
This is actually a very shitty interview. Discussion is waaaaaaay too abstract. The guy should have tangible examples that normal, everyday people can relate to. He's on television, talking to a wide audience. He isn't giving a presentation at a developer forum
In fairness, most people won't have a tremendous amount of use for smart contracts until crypto becomes more prevalent. If it sounds like he's giving a presentation, it's probably deliberate to get attention from big business and venture capitalists rather than the general public. I get the impression he knows what he's doing and putting the free advertising to good use.
|
|
|
|
PalmerLaura
Member
Offline
Activity: 116
Merit: 10
IPSX: Distributed Network Layer
|
|
August 25, 2014, 04:34:44 AM |
|
Solid segment but RT is really difficult to take seriously.
|
|
|
|
NotAtOld
Member
Offline
Activity: 200
Merit: 10
|
|
August 25, 2014, 04:41:15 AM |
|
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?
|
|
|
|
StatusSeeking
Member
Offline
Activity: 78
Merit: 10
|
|
August 25, 2014, 04:51:09 AM |
|
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?
This would be better described as a scaled up version of Open transactions (for financial traders/investors/speculators/natural risk producers and consumers) that can not only do microtransactions, but ensures safety of deposits through a pure bitcoin smart contract solution through the bitcoin blockchain (no off chain transactions, no sidechains, not alternative blockchains - all bitcoin).
|
|
|
|
StatusSeeking
Member
Offline
Activity: 78
Merit: 10
|
|
August 25, 2014, 04:55:43 AM |
|
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?
It also - as I understand - allows users to trade over 75,000 tickers of securities in ALL major asset classes and vehicles in ALL major exchanges throughout the world
|
|
|
|
logger
Member
Offline
Activity: 138
Merit: 10
|
|
August 25, 2014, 05:02:11 AM |
|
Solid segment but RT is really difficult to take seriously.
They've done more to cover stories than the usual corporate-owned news outlets, that's for sure. USA news is a joke, honestly.
|
|
|
|
JypsiCreme
|
|
August 25, 2014, 05:09:03 AM |
|
Solid segment but RT is really difficult to take seriously.
They've done more to cover stories than the usual corporate-owned news outlets, that's for sure. USA news is a joke, honestly. Vice? Pbs? NY Times? Your argument is invalid.
|
|
|
|
CoolBliss
Member
Offline
Activity: 97
Merit: 10
|
|
August 25, 2014, 05:14:59 AM |
|
Solid segment but RT is really difficult to take seriously.
They've done more to cover stories than the usual corporate-owned news outlets, that's for sure. USA news is a joke, honestly. Vice? Pbs? NY Times? Your argument is invalid. Vice - Started in toronto, is global - not a USA owned news outlet (ref: http://www.vice.com/shane-smith ) PBS - Oh look, they're funded by corporations and "government agencies" - I'm sure they never get that phone call to pull a show, lol (ref: http://www.pbs.org/producing/funding/) NY Times - Well, besides stonewalling on the NSA story - hey, we can't have REAL coverage in a US Publication (ref: https://en.wikipedia.org/wiki/The_New_York_Times "Ethics Incidents" section) The Ochs-Sulzberger family trust controls roughly 88 percent of the company's class B shares, with good 'ol "Carlos Slim" pumping in the rest. Nice one, you have an old monied family and a Mexican billionaire calling the shots - not to mention their checkered history with owners influencing stories. Not really good examples.
|
|
|
|
unexecuted
Member
Offline
Activity: 175
Merit: 10
|
|
August 25, 2014, 05:22:34 AM |
|
Isn't this a scaled down version of Open Transactions that can't do microtransactions or ensure the safety of deposits with voting pools?
This would be better described as a scaled up version of Open transactions (for financial traders/investors/speculators/natural risk producers and consumers) that can not only do microtransactions, but ensures safety of deposits through a pure bitcoin smart contract solution through the bitcoin blockchain (no off chain transactions, no sidechains, not alternative blockchains - all bitcoin). Your UC wallet is stored on your computer, yes? So it can be hacked. Not so with OT. OT can do real-time instantaneous microtransactions for something like 1/1,000,000 of a penny, for almost nothing, drawing from bitcoins stored on servers that cannot steal your funds. How can you do this? You say "pure bitcoin" as if that's a selling point, but as I understand it there's nothing insecure about off-chain transactions within OT. It's all secure crypto.
|
|
|
|
btckold24
Sr. Member
Offline
Activity: 434
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
|
|
August 25, 2014, 06:53:33 AM |
|
decent watch, thx for the link op
|
|
|
|
cr1776
Legendary
Offline
Activity: 4186
Merit: 1312
|
|
August 25, 2014, 10:17:47 AM |
|
Solid segment but RT is really difficult to take seriously.
They've done more to cover stories than the usual corporate-owned news outlets, that's for sure. USA news is a joke, honestly. Vice? Pbs? NY Times? Your argument is invalid. Vice - Started in toronto, is global - not a USA owned news outlet (ref: http://www.vice.com/shane-smith ) PBS - Oh look, they're funded by corporations and "government agencies" - I'm sure they never get that phone call to pull a show, lol (ref: http://www.pbs.org/producing/funding/) NY Times - Well, besides stonewalling on the NSA story - hey, we can't have REAL coverage in a US Publication (ref: https://en.wikipedia.org/wiki/The_New_York_Times "Ethics Incidents" section) The Ochs-Sulzberger family trust controls roughly 88 percent of the company's class B shares, with good 'ol "Carlos Slim" pumping in the rest. Nice one, you have an old monied family and a Mexican billionaire calling the shots - not to mention their checkered history with owners influencing stories. Not really good examples. Excellent points. Anyone who thinks pbs or the nytimes is not a government authoritarian mouthpiece hasn't been paying attention.
|
|
|
|
|