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Topic: [ANN] BitShares 2.0 - page 37. (Read 153077 times)

hero member
Activity: 547
Merit: 502
July 16, 2015, 05:19:19 PM

Huge article in Forbes Magazine:

Is The NanoCard Bitcoin's 'Killer' App & Can It Transform The Global Remittance Market?


With it Bitcoin and other crypto get a Just-in-Time off-ramp at any merchant that accepts debit cards.

Key acceptance problem solved for all major crypto-currencies!

Nice article.  People are finally starting to see crypto has more uses then just an exchange of value.
hero member
Activity: 504
Merit: 504
July 16, 2015, 10:24:14 AM

Huge article in Forbes Magazine:

Is The NanoCard Bitcoin's 'Killer' App & Can It Transform The Global Remittance Market?


With it Bitcoin and other crypto get a Just-in-Time off-ramp at any merchant that accepts debit cards.

Key acceptance problem solved for all major crypto-currencies!
hero member
Activity: 504
Merit: 504
July 14, 2015, 06:53:12 PM


Freedom Fest 2015 in Vegas

Adam Ernest interview talks about incorruptible public voting on the blockchain.

https://www.spreaker.com/user/sackheadsradio/follow-my-vote-freedom-fest

hero member
Activity: 504
Merit: 504
July 14, 2015, 08:15:41 AM

Yes!  Like I posted last month, this opportunity is open to all coins, not just Bitcoin and BitShares:


Oh, and if it wasn't obvious, this is great news for all you other coins.

Our multi-currency Nanocard also lets you spend your coins just like a debit card.

So now there's really no need to go around trying to get merchants to accept your coin.

Just get these guys to accept it!

This levels the playing field with Bitcoin's network effect just a little bit.



There.  Another peace offering for you.  Smiley

hero member
Activity: 504
Merit: 504
July 14, 2015, 08:05:04 AM
Any plans to add the Canadian dollar?

Looks like BunkerDEX might be heading in that direction first:

Quote
The Canadian Rewards Debit

Thanks to the BitShares’ high capacity network, the BunkerDEX will enable anyone with a SmartPhone to cash their cheques, pay bills online, and send money to their friends and family in any SmartCoin they choose.

“Historically, Canadians have been the earliest adopters of new electronic payment technologies.” Jonathan recalls, “and we will appeal to them with a system that is convenient, easy to use, and secure - thanks to the decentralization of the BitShares network. Also, we have much lower overhead costs than a brick-and-mortar bank, so we will have much lower fees.”

DSN will provide secure gateway transactions that will enable Canadians to easily transact their everyday banking and purchases in Canada and around the world. BitShares is decentralized, so every account holder has sole access to their funds. Because of this, account holders can enjoy the convenience of everyday banking transactions without the risk of bank failure. Add this to the first of its kind referral program that will be built into BitShares 2.0, and marketing to Canadians will be a no brainer.

Read the rest here:  Nuclear Bunker Data Center Joins BitShares Exchange Network
legendary
Activity: 924
Merit: 1000
hero member
Activity: 854
Merit: 1001
July 14, 2015, 06:23:03 AM
Also, this one:

CCEDK and BIT-X release first true crypto debit card.

Quote
In addition to strictly storing the funds as Bitcoin or USD, the user will have the option to store their money as a BitShares BitAsset. Also referred to as SmartCoins, they would be pegged to the value of the dollar or another major currency.

"A new generation of 2.0 coins is being used to address the volatility issue. BitShares’ SmartCoins will be available as funding options for the NanoCard in the coming months, meaning that customer balances can be safely stored as crypto coins pegged to USD, EUR, CNY or even gold and silver, and converted only at the time of use," explained CEO Ronnie Boesing.

This is a fundamentally lacking feature in many card programs available to Bitcoiners, although Bitreserve has come along way to deal with the problem of volatility. The new card will be called the NanoCard and will be broadly available to customers of the exchange beginning today.


Looks a little bit like this one, strangely:

https://nxtforum.org/trading-exchanges/nxt-supported-debit-nanocard-spend-your-nxt-to-fiat-everywhere-247/





legendary
Activity: 1764
Merit: 1018
July 14, 2015, 03:31:13 AM
Bitshares Corporatism / Communism crushing the common man.


legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
July 14, 2015, 03:13:34 AM

Bitshares Corporatism / Communism crushing the common man.
legendary
Activity: 1764
Merit: 1018
July 14, 2015, 02:44:50 AM
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
July 14, 2015, 12:47:58 AM
hero member
Activity: 504
Merit: 504
July 13, 2015, 08:55:45 PM
I'll see if I can get a detailed process flow from CCEDK.
hero member
Activity: 547
Merit: 502
July 13, 2015, 08:33:51 PM
Also, this one:

CCEDK and BIT-X release first true crypto debit card.

Quote
In addition to strictly storing the funds as Bitcoin or USD, the user will have the option to store their money as a BitShares BitAsset. Also referred to as SmartCoins, they would be pegged to the value of the dollar or another major currency.

"A new generation of 2.0 coins is being used to address the volatility issue. BitShares’ SmartCoins will be available as funding options for the NanoCard in the coming months, meaning that customer balances can be safely stored as crypto coins pegged to USD, EUR, CNY or even gold and silver, and converted only at the time of use," explained CEO Ronnie Boesing.

This is a fundamentally lacking feature in many card programs available to Bitcoiners, although Bitreserve has come along way to deal with the problem of volatility. The new card will be called the NanoCard and will be broadly available to customers of the exchange beginning today.


Stan any background on how the NanoCard actually works from start to finish in a transaction?  Does Bit-X or CCEDK hold a bank account in USD which the cards actually draw from?  How does it go over the normal banking/credit card network?
hero member
Activity: 504
Merit: 504
July 13, 2015, 07:40:16 PM
Also, this one:

CCEDK and BIT-X release first true crypto debit card.

Quote
In addition to strictly storing the funds as Bitcoin or USD, the user will have the option to store their money as a BitShares BitAsset. Also referred to as SmartCoins, they would be pegged to the value of the dollar or another major currency.

"A new generation of 2.0 coins is being used to address the volatility issue. BitShares’ SmartCoins will be available as funding options for the NanoCard in the coming months, meaning that customer balances can be safely stored as crypto coins pegged to USD, EUR, CNY or even gold and silver, and converted only at the time of use," explained CEO Ronnie Boesing.

This is a fundamentally lacking feature in many card programs available to Bitcoiners, although Bitreserve has come along way to deal with the problem of volatility. The new card will be called the NanoCard and will be broadly available to customers of the exchange beginning today.

hero member
Activity: 504
Merit: 504
July 13, 2015, 07:22:23 PM
Latest article out today on the CCEDK Nanocard.

Nanocard turns exchange account into secure wallet and integrated cashcard.


Quote
The NanoCard is effectively a bitcoin-supported credit card, denominated in both EUR and USD. Unlike a prepaid card, the NanoCard is the first card funded by your bitcoin balance as the card is used. Funds are thereby held in bitcoin – decentralised, outside of the control of banks, governments or any other third parties – until they are needed. Combine that with the universal acceptance of major credit cards and you have something potentially very disruptive.

hero member
Activity: 504
Merit: 504
July 13, 2015, 12:03:52 PM
Here's the transcript to last Friday's global press conference with Dan Larimer.


A brief sample follows:

BitShares Dev Hangout – Bytemaster : Cryptonomex and Brownie.PTS

Dan Larimer of Cryptonomex talking with BitShares community members regarding BitShares 2.0 updates along with the introduction of BROWNIE.PTS and what they’re all about.

[00:01:31] fuzzy: Welcome everyone. today we’re joined by bytemaster for his weekly hangout. bytemaster is the CEO of Cryptonomex. which is a company that is going to be working on the BitShares blockchain, as well as others. As we move from BitShares being a one team show, into a more decentralized chain, the community is very important.

[00:02:20] fuzzy: The format is we’ll let bytemaster give his updates for the week. then we’ll open it up to community questions. feel free to type your questions into the chat box and I will try to ask them for you.

[00:03:14] bytemaster: It’s been a busy past 2 weeks. we have been working long hours, trying to make sure that everything is ready for the testnet. We have started doing our own internal test network over the internet. This week our goal is to work out as many bugs as possible with the testnet before we turn it over for wider community testing.

[00:03:57] bytemaster: The reasoning behind this approach is, if we can still find issues, and it’s real easy for us to find things, then it’s more efficient for us to fix it, than to open it up for the entire communities input.

[00:04:22] bytemaster: That said, we believe we’ve completed the basic protocol and things are really starting to solidify. One of the things that we have done is we’ve postponed the bond market features. Not because they’re not implemented, but simply because we don’t have the resources to thoroughly test them as much as we would like before we could release it. And because there is no user interface for it. It’s such a niche feature, we figured we’d rather release all of the stuff that is compatible with BitShares 1.0 first, then follow it with a 2.1 release that includes the bond market feature.

[00:05:12] bytemaster: That will give the community some extra time to review the proposed changes and it will also be the first hardfork voted in by the community. We’re really happy with the progress. we appreciate the patience everyone has. software development always takes longer than we would like.

[00:05:40] bytemaster: At this point I will open it up to any questions.

[00:05:45] CryptoPrometheus: I know there’s going to be a 30 day window before the snapshot day, are you going to do the same thing for DevShares?

hero member
Activity: 504
Merit: 504
July 13, 2015, 11:50:49 AM
Nice little 2-minute overview of BitShares 2.0:

https://www.youtube.com/watch?v=RvPCBEg-5JQ




Video doesn't play, there is a message "this video is private, sorry about that" 

Thanks, Try this:

http://blog.smartcoin.pw/2015/07/bitshares-20-smartcoin-tech-overview.html
hero member
Activity: 504
Merit: 504
July 13, 2015, 08:43:49 AM
And BitShares went live in July 2014 to round out the Bitcoin 2.0  Summer Class of 2014 (Counterparty, Mastercoin, NXT and BitShares).  Each of the four products chose different trades between time to market, technology, and feature sets.  Now we each live with those decisions.  The market will determine which was the best strategy.

Asset exchanges are nice, but that's not what we're most excited about.  (Lots of companies make cars with four wheels.)

The BitShares Exchange Network is a Network of multiple, independent Exchanges, not just one asset exchange on a blockchain.

It's the combination of features that makes centralized exchanges eager to stop having private, stovepipe order books and put them all out there on the BitShares blockchain as one transparent, shared, unhackable order book.

And you can see all the pieces of that attractive package at bitshares.org.

Connecting all the dots is an exercise for the student.

Smiley

legendary
Activity: 1764
Merit: 1018
July 13, 2015, 08:27:09 AM
...
And, no I don't think that Nxt AE was the very first AE implementation, but I do think that it was the first completely open implementation.
(anyone got exact dates for XCP or MS/Omni, btw,?  NXT AE went live May 2014)
BTS, Counterparty and Mastercoin/Omni all required a certain level of input from their communities/dev teams to issue assets, NXT allows anyone with access to $14 to issue an asset, for better or worse.

Counterparty - April 2014
https://en.wikipedia.org/wiki/Counterparty_(technology)

Counterparty to Create First Peer-to-Peer Digital Asset Exchange Platform
http://cointelegraph.com/news/111096/counterparty_to_create_first_peer_to_peer_digital_asset_exchange_platform#.U1AbsPRDsnt

Counterparty Asset issuance (Alphabetical you will need 0.5 XCP, Numeric are free, and only require a Bitcoin transaction fee)
https://www.youtube.com/watch?v=eyzA5Lj1ajM

Mastercoin (Omni) - April 2014, MaidSafe used a crowdsale to raise over $7,000,000
https://en.wikipedia.org/wiki/Mastercoin

NXT - 12 May 2014
https://wiki.nxtcrypto.org/wiki/Asset_Exchange
hero member
Activity: 854
Merit: 1001
July 13, 2015, 08:06:33 AM
Yeah, that's what I meant.
Idiotic, misquoting, missing the point shilling really improves the situation.


To be honest, main goal of BitShares from beginning was market pegged assets so do you expected market pegged assets without asset exchange?
Do you think NXT Asset Exchange was an first blockchain asset exchange? What about Counterparty and Mastercoin (Omni)?

Market pegged assets/DACS, to be pedantic.
That's the point: BTS was, once upon a time, focussed on pegged assets and DACS. Seemed sane enough.
So at which moment did BTS decide to focus hype on the fact that they will have a completely open NXT-style exchange, the BEN ?
Why is this so hype-worthy ? Is copying a NXT feature the best that BTS can come up with ?

And, no I don't think that Nxt AE was the very first AE implementation, but I do think that it was the first completely open implementation.
(anyone got exact dates for XCP or MS/Omni, btw,?  NXT AE went live May 2014)
BTS, Counterparty and Mastercoin/Omni all required a certain level of input from their communities/dev teams to issue assets, NXT allows anyone with access to $14 to issue an asset, for better or worse.

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