[Announce] Project Quixote - BitShares, BitNames and 'BitMessage'

testz

legendary

Activity: 1764

Merit: 1018

Quote from: Support81WorldWide on July 11, 2015, 01:46:54 PM

Quote from: fluxer555 on January 30, 2015, 12:09:31 PM

You might want to start a new topic... this topic is severely outdated.

very interesting coin....cant wait for 2.0 platform to drop.

For anyone who does not know, Bitshares has now partnered up with BanX ...im not sure exactly how but google it and you will find out more!

Blog: https://bitshares.org/blog
Forum: https://bitsharestalk.org
BTT ANN thread: https://bitcointalksearch.org/topic/ann-bitshares-20-1084460

Support81WorldWide

newbie

Activity: 28

Merit: 0

Quote from: fluxer555 on January 30, 2015, 12:09:31 PM

You might want to start a new topic... this topic is severely outdated.

very interesting coin....cant wait for 2.0 platform to drop.

For anyone who does not know, Bitshares has now partnered up with BanX ...im not sure exactly how but google it and you will find out more!

fluxer555

newbie

Activity: 40

Merit: 0

You might want to start a new topic... this topic is severely outdated.

ShapeShift.io

sr. member

Activity: 448

Merit: 252

Follow us on our new account ShapeShift.com

ShapeShift.io is pleased to announce that we have added BTS and BitUSD to our instant exchange site! They have been added to a list of over 15 altcoins to be exchanged on ShapeShift.io. No account needed. Instant and easy.

brekyrself

hero member

Activity: 547

Merit: 502

Quote from: allwelder on May 30, 2014, 10:16:45 AM

nothing new. Sad

Quite the opposite. Not much is being updated on this forum however check out www.bitsharestalk.org They have launched several test networks and are making great progress towards the official BTS chain using the DPOS algorithm.

This is an exciting time for BitShares and the future of Protoshares holders.

tonyk

full member

Activity: 122

Merit: 100

Quote from: cunicula on October 21, 2013, 05:35:19 PM

Overleveraged here refers to self-reinforcimg effects of a loss in confidence in bitBTC on the price of bitshares.

....
Suppose 50% of bitshares are tie up in bitBTC and we have the same panic. This results in a 50% increase in the supply of bitshares and is likely to cause a substantial drop in the price of bitshares relative to BTC. The drop in value of bitshare collateral reinforces the loss of confidence in bitBTC. Causing more people to sell bitBTC causing the price of bitshares to drop further. You have a full on panic. Everyone rushes for the exit at once. Poof bitshares are worthless.

Stability requires limited outstanding stocks of bitBTC. You are building a system in which outstanding stocks of bitBTC tend to grow over time (because they offer above market interest a la Charles Ponzi). This will lead to increasing instablility and eventual catostrophic collapse.
...

While I am far from being in any way convinced that bytemaster’s idea will actually work, I am definitely happy to see one Keynesian* at a total loss trying to prove it won’t.

Keynesian* - voodoo ‘scientist’ trying to come with whatever arguments possible to justify its own existence… for no other aim or logic other than proving itself right.

allwelder

legendary

Activity: 1512

Merit: 1004

nothing new. Sad

dots

newbie

Activity: 12

Merit: 0

I really want to see this coin pick up. I'm digging the idea.

klee

legendary

Activity: 1498

Merit: 1000

Quote from: okie_freemen on November 19, 2013, 07:05:07 PM

Quote from: cunicula on November 02, 2013, 10:48:31 PM

https://bitcointalksearch.org/topic/unregulated-corporation-cryptocurrency-75029

Quote from: bytemaster on November 02, 2013, 02:40:56 PM

Anyone following BitShares and DACs will want to follow my most recent article on letstalkbitcoin: http://letstalkbitcoin.com/dac-revisited

You could look in the above thread if you were serious about "giving credit where credit is due."

Of course you are a disingenuous fraudster, so...

Well i find it very discouraging that bytemaster response to cunicula is that bitgold will just magically track real gold price even though it is backed by nothing. Bytemaster can not explain away the obvious and significant problem that bitGold will not track the price of real gold. Bitshares is fatally flawed and bytemaster ignores any one that proves that it is. Bitshares is just trading fake digital assets to suckers dump enough to convert usd into bitshares in a ponzi that will collapse the moment cash flow into bitshares can not support the ratio of the bitshares: bitasset:usd to real world asset.

Also bytemaster, i believe you owe cunicula an apology for stealing his work, Unregulated Corporation Cryptocurrency, and claiming it as your idea.

Link?

okie_freemen

newbie

Activity: 55

Merit: 0

Quote from: cunicula on November 02, 2013, 10:48:31 PM

https://bitcointalksearch.org/topic/unregulated-corporation-cryptocurrency-75029

Quote from: bytemaster on November 02, 2013, 02:40:56 PM

Anyone following BitShares and DACs will want to follow my most recent article on letstalkbitcoin: http://letstalkbitcoin.com/dac-revisited

You could look in the above thread if you were serious about "giving credit where credit is due."

Of course you are a disingenuous fraudster, so...

Well i find it very discouraging that bytemaster response to cunicula is that bitgold will just magically track real gold price even though it is backed by nothing. Bytemaster can not explain away the obvious and significant problem that bitGold will not track the price of real gold. Bitshares is fatally flawed and bytemaster ignores any one that proves that it is. Bitshares is just trading fake digital assets to suckers dump enough to convert usd into bitshares in a ponzi that will collapse the moment cash flow into bitshares can not support the ratio of the bitshares: bitasset:usd to real world asset.

Also bytemaster, i believe you owe cunicula an apology for stealing his work, Unregulated Corporation Cryptocurrency, and claiming it as your idea.

cunicula

legendary

Activity: 1050

Merit: 1003

https://bitcointalksearch.org/topic/unregulated-corporation-cryptocurrency-75029
Thread on the topic of 'DACs' from April 2012.

Quote from: bytemaster on November 02, 2013, 02:40:56 PM

Anyone following BitShares and DACs will want to follow my most recent article on letstalkbitcoin: http://letstalkbitcoin.com/dac-revisited

You could look in the above thread from April 2012 if you were serious about "giving credit where credit is due."

Of course you are a disingenuous fraudster, so...

bytemaster

hero member

Activity: 770

Merit: 566

fractally

Anyone following BitShares and DACs will want to follow my most recent article on letstalkbitcoin: http://letstalkbitcoin.com/dac-revisited

bytemaster

hero member

Activity: 770

Merit: 566

fractally

I have just announced a new request for proposals to add Dividends on top of Bitcoin: https://bitcointalksearch.org/topic/m.3439533

There is a $5000 budget to help integrate BitShares ideas into the Bitcoin codebase. Please tell anyone with skills or interest in BitShares to check it out.

charleshoskinson

legendary

Activity: 1134

Merit: 1008

CEO of IOHK

Quote

they are using a proprietary(yet obviously still open source algorithm). i think i remember seeing it around page 3 or 4, though it could have changed by now.

The algorithm is called momentum and was carefully designed by Dan to accomplish several goals:

https://bitcointalksearch.org/topic/momentum-proof-of-work-bounty-30-btc-paid-313479

r3wt

hero member

Activity: 686

Merit: 504

always the student, never the master.

Quote from: cosurgi on October 27, 2013, 05:27:03 AM

Quote from: bytemaster on October 26, 2013, 01:58:48 PM

Quote from: cosurgi on October 26, 2013, 01:57:29 PM

this thread is a bit old now, but I wanted to ask: did it work?

Under development.

Thanks for your reply, and sorry for using bigger font.

I remember that you planned to release a working miner few weeks ago (I had it written down in my calender Wink

. Did you release it? If yes - then what kind of proof-of-work do you use? (scrypt, sha-256 ?) I ask because of the problems outlined in https://bitcointalksearch.org/topic/m.2996823

short link to the answer would suffice. Sorry for not searching myself

I suppose that you can give a link without too much hassle

they are using a proprietary(yet obviously still open source algorithm). i think i remember seeing it around page 3 or 4, though it could have changed by now.

cosurgi

sr. member

Activity: 298

Merit: 250

Quote from: bytemaster on October 26, 2013, 01:58:48 PM

Quote from: cosurgi on October 26, 2013, 01:57:29 PM

this thread is a bit old now, but I wanted to ask: did it work?

Under development.

Thanks for your reply, and sorry for using bigger font.

I remember that you planned to release a working miner few weeks ago (I had it written down in my calender Wink

. Did you release it? If yes - then what kind of proof-of-work do you use? (scrypt, sha-256 ?) I ask because of the problems outlined in https://bitcointalksearch.org/topic/m.2996823

short link to the answer would suffice. Sorry for not searching myself

I suppose that you can give a link without too much hassle

charleshoskinson

legendary

Activity: 1134

Merit: 1008

CEO of IOHK

daniel and the core development team of both BitShares and keyhotee are working very hard to meet all deadlines. As with all feature rich products, release dates are connected to the set of features that are practical with the development resources. Protoshares is on schedule and mining will begin November 5th. Keyhotee is on schedule for December.

The scope and scale obviously depends upon a lot of factors; however, I have total faith in Dan to deliver something amazing and innovative.

Financisto

hero member

Activity: 630

Merit: 767

BTC⇆⚡⇄BTC

Quote from: charleshoskinson on October 27, 2013, 12:26:26 AM

To be clear, I didn't quit

Sorry for the misunderstanding.

But that's what I understood at that time.

charleshoskinson

legendary

Activity: 1134

Merit: 1008

CEO of IOHK

To be clear, I didn't quit

Financisto

hero member

Activity: 630

Merit: 767

BTC⇆⚡⇄BTC

Quote from: charleshoskinson on September 23, 2013, 07:18:43 PM

We have to build the communication and identity management backend first with a secure and easy to use client alongside a good wallet to store the funds. Keyhotee will be released with the ID and communication system in beta in November and the wallet beta will released in December.

The Keyhotee trading system, the data visualization and BitShares backbone will be released in stages starting with the first release in march to April of next year and then every two-three months thereafter until the quality and economic alignment makes sense for the scale we are trying to accomplish.
[...]

Quote from: charleshoskinson on October 16, 2013, 04:37:50 PM

Invictus is in good hands and now I've moved on to other things. BitShares is going to be a great project and I have total faith in all parties involved.

Are those dates mentioned by Mr. Hoskinson before quitting still valid?

Any modifications so far?

Topic: [Announce] Project Quixote - BitShares, BitNames and 'BitMessage' (Read 48264 times)