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It is not like bitcoin that confirmation take ages and you may miss any opportunity. It should bring future fees into the present from users upgrading accounts. In the future people will hit their head in bitshares wall for not buying at these levels. Just use external exchanges only for bitcointalk minutes buy or sell and anything you don't trade withdraw it. BitShareholders get to vote on how many witnesses signing nodes similar to bitshares cost miners they want to pay for. Bitcointalk you repay loan with speculation you get collateral speculation, if you don't you forfeit collateral.
A BIG whale will soon realize the capabilities bts offers and then nothing can stop bts for huge increases in market cap. June 12, , Speculation breaks all the nice things. Is there an official Bitshares thread here because I cannot find one? Has that time come yet? Plus we have Moonstone on alpha now, could be ready by then. As it is a economical platform it will probable go bitcointalk higher Give Speculation a try! Having said bitshares I believe that bts is still way undervalued.
For the latest updates checkout my blog: These are merely my opinions and I reserve the right to change them at any time.
Stan Hero Member Posts: You can draw from several [ANN] threads I posted there over the past month or make up your own drawing from the web site or Xeroc's documentation. October 08, , Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.
These are merely my opinions which I reserve the right to change at any time. CLains Hero Member Posts: Vote for BTS-2 witness: Fix UX and UI, then promote.
Compare that to Bitcoin. You can't fire them because they still control all that hash power. Pools don't distribute control, they just distribute workload. Not the same thing.
Which is really more decentralized? We tend to get three different attributes mixed up causing endless confusion even among men of good will. Fault Tolerance We are saying highly-reliable, tested and proven, hand-picked parts dispersed across the globe and selected by the entire owner population is sufficient redundancy to achieve reliable fault tolerance. So, really, they are just interchangeable slave machines.
Producing the blocks is a mindless task. Selecting which parts make up the machine is where the power lies. Decentralized Control The total decentralized population of the all owners participate in selecting the most reliable machines to run the network.
Those parts have no power over the owners. Those chosen nodes can be completely reconfigured or replaced by the fully decentralized participating owners in 10 seconds. BitShares has decentralized p2p control of a distributed, fault-tolerant computer implementing an autonomous unmanned company running a decentralized crypto currency exchange which produces stable smart-coin products. Each link below will lead you to a dedicated discussion thread for the corresponding technology.
Migrating to BitShares 2. The new chain will then launch within 24 hrs of the snapshot that discards all transaction history. Community Questions for the Development Team Prior to the announcement, the BitShares community was asked to collect a set of their concerns that they would like answered together with the announcement.
Lessons Learned from BitShares 0. Measuring Performance - Throughput and Latency Great claims require great evidence and the claim that BitShares is capable of , transactions per second has probably raised a few eyebrows. This post should help clarify how we measure performance. This stuff is starting to sound interesting enough that it might even be time to go digging around in old archives looking for those Protoshares wallets that we were all mining into long long ago that purportedly were going to give us all shares of all these new developments.
Is there some kind of import functionality in one of these new wallets whereby once we manage to find our Protoshares wallets we can tell these new wallets the filepaths to our Protoshares wallets and have them import or whatever it is that they do to get our appropriate shares? The percentage they were supposed to be of the new chain s was changed or something maybe?
It was all kind of hard to follow, let alone to figure out which was trolls and which was genuine bad faith by the developers, or even whether in fact any dilution did actually occur.
Which is why it seemed best to just archive all the wallets until some future time when things became clearer and some clear path to moving forward to the newest systems emerged Has that time come yet? Cold Wallet Storage using Shortly after our first Big Announcement on Monday, Bytemaster held a live global town-hall meeting to answer everyone's questions. It went on for two hours. Transcript for the above can be found here: It's designed to be profitable and the cost of user acquisition below the lifetime value of each user and in the long run should be deflationary, there is a fixed supply and spending limit.
It should bring economic incentives to migrate users in bulk for merchants. You want to own BitShares because it should appreciate as a result of being a profitable system on the whole. The new bitasset model creates a lot of new incentives for new users to create their own bitassets with price feeds.
Private bitassets can be backed by another bitasset which should increase predictability of the markets. And it means that traders have a lot more reliability and liquidity around bitUSD.
This keeps system closed with predictable supply. Stakeholders have direct control on spending every day.