Topic: Ethereum & BitShares Partnership? (Read 4446 times)
Ethereum is looking into Bitshares now. All the money raised seems stupid now, they could have just partnered from the start.
Bitshares cracked the BitUSD issue with collateral positing. Nicely done!
right Ethereum might have just been a too grand idea to begin with. cool? yes. but absolutely needed in that form? no
Bitshares has always changed what it wanted to be and what it is. The dev is smart but always seems to be a few months behind and constantly changing directions midstream.
Ethereum I expected better of, I wish I hadn't bought any Ether now. If Vitalik doesn't know what the hell he wants Ethereum to be by now after all those conferences and speeches then I am really worried for Ethereum.
Seriously, both of these projects have already taken peoples money and now want to completely re-envision themselves, that just shows weak leadership and people that don't have vision. Jobs or Gates or Musk didn't ever redo a product like that, they came out with a vision, saw it to the end and after it was in market started working on the next big thing.
Ethereum I expected better of, I wish I hadn't bought any Ether now. If Vitalik doesn't know what the hell he wants Ethereum to be by now after all those conferences and speeches then I am really worried for Ethereum.
Seriously, both of these projects have already taken peoples money and now want to completely re-envision themselves, that just shows weak leadership and people that don't have vision. Jobs or Gates or Musk didn't ever redo a product like that, they came out with a vision, saw it to the end and after it was in market started working on the next big thing.
I bought $0 Ether. I knew from the beginning that it a questionable project. It is often forgotten but in January they had a brief IPO (which was rescinded due to Ontario law on crowd funding) where they stated on that Bitcoin Foundation forum where they wanted a $30 million IPO and that their project was in the conceptual phase.
Looks it was rebooted after Maidsafe, as Vitalik and company were probably smacking at the lips of making their own fortune. Ethereum is now based in Switzerland (at least according to their website but then why do they supposedly have an office in Uganda?)
The whole Ethereum project is reinventing the wheel and not even a particularly good reinvention. It took a good decade to work out the bugs in Java and C++ and to educate a generation of developers to program in that language. Ethereum language is going to have problems and it won't have any developers for awhile (so who will program the ecosystem?).
As well what is the flipping point? I need an algorithm to replace bankers - not an algorithm for a faster than light warp drive. Bitcoin already accomplishes this but Bitcoin has slow confirmations, limited ecosystem and I feel there is a conceptual issue in mining and how it was distributed.
Of course collaborating is always a good thing for both sides. However, I feel because this is due to the money. I guess people would act differently if it were about something else.
Good point. At least you are being more amicable now than your other Nxt friends. I really don't get the hatred that most Nxt users seem to have against Bitshares and Ethereum. I do not own any crypto currencies at the moment, so all of my opinions are as close to honest opinions as I can get, but I fear others are more worried about their personal agendas and what will make them the most rich. I discuss ALT coins out of genuine interest and the will to see them improved upon, mainly for academic purposes.
Honestly, I see great potential in Nxt, Ethereum, AND Bitshares. We as an ALT coin community... Arguably the Front runners in the cryptocoin 2.0 wars work together, much more will come of it rather than fighting all the time. I haven't really seen Eth/Bitshares supporters dogging on Nxt, why do you guys feel the need to? You guys say that Eth/Bitshares is scared of Nxt, but it kind of looks like it's the other way around...
I think all three have great potential. it is bad enough to have the Bitcoin/Litecoin nut hungers against us, we don't need more enemies than are necessary.
Honestly, I see great potential in Nxt, Ethereum, AND Bitshares. We as an ALT coin community... Arguably the Front runners in the cryptocoin 2.0 wars work together, much more will come of it rather than fighting all the time. I haven't really seen Eth/Bitshares supporters dogging on Nxt, why do you guys feel the need to? You guys say that Eth/Bitshares is scared of Nxt, but it kind of looks like it's the other way around...
I think all three have great potential. it is bad enough to have the Bitcoin/Litecoin nut hungers against us, we don't need more enemies than are necessary.
Well, I care about the tech and how much it helps people. Anything else is just senseless.
Personally, I consider BitShares a clone of Nxt and Nxt Concept and therefore see not advantages over it.
Personally, I feel Turing-completeness is not required for 80% of all the financial and social use-cases. So, implementing a system with many downsides (we discussed those internally and on nxtforum) might be an overkill and will require further discussion and improvements. I think that is a reason why Ethereum needs that much funding to implement their idea (conceptually as well as technically).
So, personally, I feel the up-coming Smart-Contract feature of Nxt will outperform both BitShares and Ethereum on the social/financial side as well as on the technical side. Simplicity beats mostly anything.
I have never possessed any coin that had an IPO etc.
That is clearly some other guy who used my name here..
I am not kidding or lying etc either.. if any exchange staff has proof of me owning any of these coins feel free to post it.
and add the IP address too ..i'd like to know who is pretending to be me LOL
never heard that before (about the list) doesn't surprise me though.
not going to keep harping that is not my style around here.. the distribution model is my chief complaint on this and similar
and rather than harp on and on about here i posted and tried to keep it light and bumped another topic about IPO's to redirect the talk elsewhere.
I commented then bumped the other topic/Poll..
this topic = Today at 05:30:35 PM
other topic = Today at 05:37:27 PM
Do you think coins with IPO/premines will succeed and be popular/mainstream?
That is clearly some other guy who used my name here..
I am not kidding or lying etc either.. if any exchange staff has proof of me owning any of these coins feel free to post it.
and add the IP address too ..i'd like to know who is pretending to be me LOL
never heard that before (about the list) doesn't surprise me though.
not going to keep harping that is not my style around here.. the distribution model is my chief complaint on this and similar
and rather than harp on and on about here i posted and tried to keep it light and bumped another topic about IPO's to redirect the talk elsewhere.
I commented then bumped the other topic/Poll..
this topic = Today at 05:30:35 PM
other topic = Today at 05:37:27 PM
Do you think coins with IPO/premines will succeed and be popular/mainstream?
Bitshares has always changed what it wanted to be and what it is. The dev is smart but always seems to be a few months behind and constantly changing directions midstream.
Ethereum I expected better of, I wish I hadn't bought any Ether now. If Vitalik doesn't know what the hell he wants Ethereum to be by now after all those conferences and speeches then I am really worried for Ethereum.
Seriously, both of these projects have already taken peoples money and now want to completely re-envision themselves, that just shows weak leadership and people that don't have vision. Jobs or Gates or Musk didn't ever redo a product like that, they came out with a vision, saw it to the end and after it was in market started working on the next big thing.
Ethereum I expected better of, I wish I hadn't bought any Ether now. If Vitalik doesn't know what the hell he wants Ethereum to be by now after all those conferences and speeches then I am really worried for Ethereum.
Seriously, both of these projects have already taken peoples money and now want to completely re-envision themselves, that just shows weak leadership and people that don't have vision. Jobs or Gates or Musk didn't ever redo a product like that, they came out with a vision, saw it to the end and after it was in market started working on the next big thing.
The only reason Spoetnik hates NEM was because he didn't register as a stakeholder, even though he somehow made it on NODE's stakeholder list (which was inspired by NEM's distribution but couldn't muster the same 3000 distribution).
i am not on any list guy LOL
and i don't get jealous of being in on Ponzi schemes early either..
unfair distribution models in a scene overloaded with corruption is the problem.
the problem is not that i missed my opportunity to get in on a pyramid scheme early..
it's that we have 340,000 forum accounts and 1,000 coins and a new coin comes out even more scammier than the last
which is the Bitcoin killer.. then dumped and forgotten.
Why do we need
edit:
1,001 NOW !
after reading this topic we have one more
Uhh yes you are. You registered for NODE and you sent money in. You just forgot about it. It's hypocritical to hate NEM yet you're somehow on the list for another fair distribution coin.
Good point. At least you are being more amicable now than your other Nxt friends. I really don't get the hatred that most Nxt users seem to have against Bitshares and Ethereum. I do not own any crypto currencies at the moment, so all of my opinions are as close to honest opinions as I can get, but I fear others are more worried about their personal agendas and what will make them the most rich. I discuss ALT coins out of genuine interest and the will to see them improved upon, mainly for academic purposes.
Honestly, I see great potential in Nxt, Ethereum, AND Bitshares. We as an ALT coin community... Arguably the Front runners in the cryptocoin 2.0 wars work together, much more will come of it rather than fighting all the time. I haven't really seen Eth/Bitshares supporters dogging on Nxt, why do you guys feel the need to? You guys say that Eth/Bitshares is scared of Nxt, but it kind of looks like it's the other way around...
I think all three have great potential. it is bad enough to have the Bitcoin/Litecoin nut hungers against us, we don't need more enemies than are necessary.
Honestly, I see great potential in Nxt, Ethereum, AND Bitshares. We as an ALT coin community... Arguably the Front runners in the cryptocoin 2.0 wars work together, much more will come of it rather than fighting all the time. I haven't really seen Eth/Bitshares supporters dogging on Nxt, why do you guys feel the need to? You guys say that Eth/Bitshares is scared of Nxt, but it kind of looks like it's the other way around...
I think all three have great potential. it is bad enough to have the Bitcoin/Litecoin nut hungers against us, we don't need more enemies than are necessary.
I like and own both NXT and Bitshares.
There is no hatred.
However, if you haven't seen Bitshares supporters dogging on NXT, it doesn't mean there hasn't been any dogging (comparison table of Bitshares vs other cryptos is one example, which would have stayed hugely skewed if not corrected in time or Dan's own article why Bitshares is above NXT is another). Perhaps you haven't followed these issues because you don't own any cryptos.
It will be to everyone's benefit if supporters of both coins try to present objective view of their favorite coin without distortions of reality. Both NXT and Bitshares supporters have been biased sometimes, that's a fact. Both coin supporters should try to get rid of that bias. My question on market pegged assets was genuine interest, because this term can be loosely interpreted and I was interested what Bitshares' definition is. I am learning, and ask questions. By the way, this helps everyone reading these threads get answers too.
Not sure about Ethereum though, it doesn't exist on live net yet, and it's hard to tell what it can or cannot do.
The only reason Spoetnik hates NEM was because he didn't register as a stakeholder, even though he somehow made it on NODE's stakeholder list (which was inspired by NEM's distribution but couldn't muster the same 3000 distribution).
i am not on any list guy LOL
and i don't get jealous of being in on Ponzi schemes early either..
unfair distribution models in a scene overloaded with corruption is the problem.
the problem is not that i missed my opportunity to get in on a pyramid scheme early..
it's that we have 340,000 forum accounts and 1,000 coins and a new coin comes out even more scammier than the last
which is the Bitcoin killer.. then dumped and forgotten.
Why do we need
edit:
1,001 NOW !
after reading this topic we have one more
Spoetnik
Do you have some knowledge about these being scams? Please share because all we see is your opinion, no fact. Also please explain how BitShares is an IPO coin?
Do you have some knowledge about these being scams? Please share because all we see is your opinion, no fact. Also please explain how BitShares is an IPO coin?
Honestly, I do NOT see great potential in Nxt, Ethereum, AND Bitshares..
Their distribution model and agenda is all scam.. as a matter of fact ANY IPO coin or similar is a scam .
New guys.. your welcome (for sharing my Legendary crypto insights into the world of altcoins)
just do it.. get naked.... get in, then.. say it !
let the Genius of Spoetnik wash over you and bask in the glory and bear witness to my glorious path.. i shall lead you all
away from the suffering of paid forum scammers trying to sucker you out of your money.
Don't fall victim to their evil ways !
The greatest trick the devil ever did was tricking people into thinking he was not real.
And that is precisely what these scammers do.. they buy into a scam / ponzi / pyramid scheme on the ground floor cheap
then they come here and play games posting all kinds of dumb deceitful crap trying to lure other guys higher up on the pyramid..
until eventually they DUMP hard on you naive guys.. it happens time after time and everyone knows it.
Don't be low hanging fruit noobs.
I am your crypto-savior and will battle all the evil for you guys, come with me and worship and be free !
And you that have lost your way i can help you clear away your crypto-sins
Judgement day is coming and Spoetnik loves you all !
Let Spoetnik into your heart !
Their distribution model and agenda is all scam.. as a matter of fact ANY IPO coin or similar is a scam .
New guys.. your welcome (for sharing my Legendary crypto insights into the world of altcoins)
just do it.. get naked.... get in, then.. say it !
let the Genius of Spoetnik wash over you and bask in the glory and bear witness to my glorious path.. i shall lead you all
away from the suffering of paid forum scammers trying to sucker you out of your money.
Don't fall victim to their evil ways !
The greatest trick the devil ever did was tricking people into thinking he was not real.
And that is precisely what these scammers do.. they buy into a scam / ponzi / pyramid scheme on the ground floor cheap
then they come here and play games posting all kinds of dumb deceitful crap trying to lure other guys higher up on the pyramid..
until eventually they DUMP hard on you naive guys.. it happens time after time and everyone knows it.
Don't be low hanging fruit noobs.
I am your crypto-savior and will battle all the evil for you guys, come with me and worship and be free !
And you that have lost your way i can help you clear away your crypto-sins
Judgement day is coming and Spoetnik loves you all !
Let Spoetnik into your heart !
Perhaps it indicates the technological shortcomings of Ethereum and that they have to "annex" Bitshares (like Hitler annexed Austria to get their small arms / gold and then annexed Czechoslovakia to get their superior tanks).
Well, it basically goes like this:
Turing-completeness requires a lot of resources. PoW requires a lot of resources.
So, with PoS, they eliminate the latter and save more power for the former.
Good point. At least you are being more amicable now than your other Nxt friends. I really don't get the hatred that most Nxt users seem to have against Bitshares and Ethereum. I do not own any crypto currencies at the moment, so all of my opinions are as close to honest opinions as I can get, but I fear others are more worried about their personal agendas and what will make them the most rich. I discuss ALT coins out of genuine interest and the will to see them improved upon, mainly for academic purposes.
Honestly, I see great potential in Nxt, Ethereum, AND Bitshares. We as an ALT coin community... Arguably the Front runners in the cryptocoin 2.0 wars work together, much more will come of it rather than fighting all the time. I haven't really seen Eth/Bitshares supporters dogging on Nxt, why do you guys feel the need to? You guys say that Eth/Bitshares is scared of Nxt, but it kind of looks like it's the other way around...
I think all three have great potential. it is bad enough to have the Bitcoin/Litecoin nut hungers against us, we don't need more enemies than are necessary.
Perhaps it indicates the technological shortcomings of Ethereum and that they have to "annex" Bitshares (like Hitler annexed Austria to get their small arms / gold and then annexed Czechoslovakia to get their superior tanks).
Well, it basically goes like this:
Turing-completeness requires a lot of resources. PoW requires a lot of resources.
So, with PoS, they eliminate the latter and save more power for the former.
merge two scammy IPO's no one cares about into a new one ? brilliant LOL
those guys in the picture are going to have to work over time to counter all the negative feedback all over the web HHAHAHA
why not make another with URO too ?
i shouldn't say that they prob already considered it and that is Plan C LOL
those guys in the picture are going to have to work over time to counter all the negative feedback all over the web HHAHAHA
why not make another with URO too ?
i shouldn't say that they prob already considered it and that is Plan C LOL
So for example if BitGold doubles in price in a week then the collateral is there to back BitGold at that new price level.
Ok, still don't see why not just let the price float freely, why put collateral to it every week?
Is there an equivalent of what this is all about in real world trading (stocks, bonds, whatever)? What is this financial instrument called? Maybe that can make it more clear.
BitAssets are essentially contracts for difference between buyers, sellers and the blockchain.
#1 Devphp is a Nxt developer
Nope, he is a php dev... which is even worst!
I retract my statement. I confused devphp with ChuckOne. This was the thread I was referring to in which ChuckOne wasted my time by asking questions he knew the answer to to prove his point: https://bitcointalksearch.org/topic/ethereum-what-are-its-benefits-659349
I thought that was what devphp was doing here, but I confused him with ChuckOne, so maybe he had honest intentions. Although it still kind of seems like he has an agenda... I still retract my statement. Especially when devphp has 750+ posts on the Nxt forums and says things such as this:
Does it mean both Vitalik and Dan are so afraid of NXT that they have to join efforts now?
#1 Devphp is a Nxt developer
Nope, he is a php dev... which is even worst! lol
Just wanted to chime in to say that this partnership is really promising. Don't worry about the noise that people with agendas is causing. The future looks bright for BitShares&&Ethereum...
EDIT: Never mind... my memory is bad.. I was confusing devphp with ChuckOne
Jump to: