ASICMINER: Entering the Future of ASIC Mining by Inventing It

[empoweoqwj]

Just to lighten the mood: https://bitcointalk.org/index.php?topic=443108.0

That's brilliant. An altcoin called ... Altcoin. Surprised nobody went for that name before

[1714792602]

1714792602

[1714792602]

1714792602

[1714792602]

1714792602

[freedomno1]

Just to lighten the mood: https://bitcointalk.org/index.php?topic=443108.0

That's brilliant. An altcoin called ... Altcoin. Surprised nobody went for that name before

The slogan never mine another altcoin again was pretty good Ha-ha
Need a good sense of humor now and then

[kibblesnbits]

Just to lighten the mood: https://bitcointalk.org/index.php?topic=443108.0

That's brilliant. An altcoin called ... Altcoin. Surprised nobody went for that name before

I'm surprised no one created a Carol Alt-coin

[muyuu]

Just to lighten the mood: https://bitcointalk.org/index.php?topic=443108.0

That's brilliant. An altcoin called ... Altcoin. Surprised nobody went for that name before

I'm surprised no one created a Carol Alt-coin

That's Kim Alexis.

[eastpk]

Can any board members confirm if there was a meeting recently?

[Zubilica]

Can any board members confirm if there was a meeting recently?

Yeah sure, if you will see a major dump or auction = bad news.
If you will see major buy-off = good news.


This is the way you can predict what FC will say next.

[Lloydie]

Can any board members confirm if there was a meeting recently?

Yeah sure, if you will see a major dump or auction = bad news.
If you will see major buy-off = good news.


This is the way you can predict what FC will say next.

Same as the NYSE. But I don't see anyone else refunding 200 btcs when they didn't have to.

[Bitye West]

Has anyone checked out this decentralized exchange protocol built on the Bitcoin blockchain yet?

Here's the Counterparty block explorer with a list of the assets created so far:
http://blockscan.com/asset.aspx

The Counterparty protocol supports dividend payments too.

It would be awesome to see a company like Asicminer float an asset on Counterparty's decentralized exchange.  Might solve problems with centralized exchanges like btct.co or bitfunder.com.

[empoweoqwj]

Has anyone checked out this decentralized exchange protocol built on the Bitcoin blockchain yet?

Here's the Counterparty block explorer with a list of the assets created so far:
http://blockscan.com/asset.aspx

The Counterparty protocol supports dividend payments too.

It would be awesome to see a company like Asicminer float an asset on Counterparty's decentralized exchange.  Might solve problems with centralized exchanges like btct.co or bitfunder.com.

Depends who's running it, how it works, how much control the asset issuer has, what happens if it disappears one day etc. Do you have any personal experience with it?

[BitThink]

Has anyone checked out this decentralized exchange protocol built on the Bitcoin blockchain yet?

Here's the Counterparty block explorer with a list of the assets created so far:
http://blockscan.com/asset.aspx

The Counterparty protocol supports dividend payments too.

It would be awesome to see a company like Asicminer float an asset on Counterparty's decentralized exchange.  Might solve problems with centralized exchanges like btct.co or bitfunder.com.

Depends who's running it, how it works, how much control the asset issuer has, what happens if it disappears one day etc. Do you have any personal experience with it?

It's decentralized, so no one is running it. Issuer can create any asset and pay dividends through it. All the information is written in the BTC blockchain, so nothing will disappear unless BTC disappears.

[Bitye West]

Has anyone checked out this decentralized exchange protocol built on the Bitcoin blockchain yet?

Here's the Counterparty block explorer with a list of the assets created so far:
http://blockscan.com/asset.aspx

The Counterparty protocol supports dividend payments too.

It would be awesome to see a company like Asicminer float an asset on Counterparty's decentralized exchange.  Might solve problems with centralized exchanges like btct.co or bitfunder.com.

Depends who's running it, how it works, how much control the asset issuer has, what happens if it disappears one day etc. Do you have any personal experience with it?

The exchange itself is a decentralized protocol built on the Bitcoin blockchain, so nobody has to run it.  

I don't think Counterparty can disappear as long as the Bitcoin Blockchain doesn't disappear.

I'm synching up my bitcoin-qt blockchain right now, installing the Counterparty client and testing its features.

There have already been a few decentralized, trustless trades of BTC and XCP completed:
http://blockscan.com/order.aspx?p=0

You still have to trust the asset issuer, just not the exchange itself.  

It would be awesome if Asicminer transfered over to a Counterparty.  It would solve so many headaches like dealing with direct share transfers or unreliable centralized exchanges.

EDIT: BitThink summed it up better than I did^^

[BitThink]

Has anyone checked out this decentralized exchange protocol built on the Bitcoin blockchain yet?

Here's the Counterparty block explorer with a list of the assets created so far:
http://blockscan.com/asset.aspx

The Counterparty protocol supports dividend payments too.

It would be awesome to see a company like Asicminer float an asset on Counterparty's decentralized exchange.  Might solve problems with centralized exchanges like btct.co or bitfunder.com.

Depends who's running it, how it works, how much control the asset issuer has, what happens if it disappears one day etc. Do you have any personal experience with it?

The exchange itself is a decentralized protocol built on the Bitcoin blockchain, so nobody has to run it.  

I don't think Counterparty can disappear as long as the Bitcoin Blockchain doesn't disappear.

I'm synching up my bitcoin-qt blockchain right now, installing the Counterparty client and testing its features.

There have already been a few decentralized, trustless trades of BTC and XCP completed:
http://blockscan.com/order.aspx?p=0

You still have to trust the asset issuer, just not the exchange itself.  

It would be awesome if Asicminer transfer over to a Counterparty.  It would solve so many headaches like dealing with direct share transfers or unreliable centralized exchanges.

EDIT: BitThink summed it up better than I did^^

Thanks.

Just needs to wait until it's more mature and there's a user friendly web client, suppose to be released soon.

[empoweoqwj]

That sounds really good then. Just the sort of thing AM were considering doing but would probably not got round to in a month of Sundays

Can we add it to the question list for next round of questions?

Would AM consider using "Counterparty" decentralized exchange to run their shares on?

Some question like that anyway .....

[JahPowerBit]

AM does not need to do so himself. Any big trusted shareholder can issue AM assets with Counterparty.

[_mr_e]

Great care needs to be taken in evaluating options for what to do with shares.

Counterparty, Mastercoin, Colored Coins, and I'm sure other systems could all probably serve the needs of AM, but it is important to thoroughly evaluate the pros and cons of each solution.

I am inclined to think that AM is serious enough of a company that they should sit back for a nice long while (in bitcoin time) and let other people take on the risk of adopting these systems. After the market has spoken and there is a clear winner(s), then AM can safely adopt such a system.

Don't forget Ethereum. Feels to me like that one is gonna swoop out of nowhere and surprise everyone.

[jimmothy]

Great care needs to be taken in evaluating options for what to do with shares.

Counterparty, Mastercoin, Colored Coins, and I'm sure other systems could all probably serve the needs of AM, but it is important to thoroughly evaluate the pros and cons of each solution.

I am inclined to think that AM is serious enough of a company that they should sit back for a nice long while (in bitcoin time) and let other people take on the risk of adopting these systems. After the market has spoken and there is a clear winner(s), then AM can safely adopt such a system.

Hoping colored coins takes off. I've heard mastercoin has a few cool features but that doesn't matter if its centralized.

[minerpumpkin]

That sounds really good then. Just the sort of thing AM were considering doing but would probably not got round to in a month of Sundays

Can we add it to the question list for next round of questions?

Would AM consider using "Counterparty" decentralized exchange to run their shares on?

Some question like that anyway .....

Sounds definitely like a possible question!

[Bitye West]

AM does not need to do so himself. Any big trusted shareholder can issue AM assets with Counterparty.

This is true.  It would be awesome to see an Asicminer-direct-share-backed asset issued on Counterparty.

Maybe ThickasThieves would be up for the task?

This would be the first "Bitcoin blue chip" asset on a decentralized exchange.  One small step for TAT, one giant leap for Bitcoin securities.

[Whtwabbit]

AM does not need to do so himself. Any big trusted shareholder can issue AM assets with Counterparty.

This is true.  It would be awesome to see an Asicminer-direct-share-backed asset issued on Counterparty.

Maybe ThickasThieves would be up for the task?

This would be the first "Bitcoin blue chip" asset on a decentralized exchange.  One small step for TAT, one giant leap for Bitcoin securities.

Did you read this bit?

Counterparty Announcement

The code being released here is alpha-quality and under heavy development. Expect to encounter major bugs, including loss of funds. (Please report them when you do!)

The Counterparty protocol has not yet been finalized! You may lose your money if it changes!

[bitcoin.newsfeed]

Hoping colored coins takes off. I've heard mastercoin has a few cool features but that doesn't matter if its centralized.

I am for colored coins as well.