Topic: Tau-Chain and Agoras Official Thread: Generalized P2P Network - page 118. (Read 309592 times)

The price increases every month. The fully supply is not on bittrex. The full supply is owned by Ohad and the development team, so it's a rolling crowdsale.

Why does icocountdown.com have a countdown for Agoras saying that the price will increase in about 17 days? I thought this was being openly traded on Bittrex..

agreed...watching this

Hats off for Doken doing all this research about Tau. Don't mind negative comments you did a heck of a job! If someone else does this much research and comes out with points I am definitely listening and giving value. Cheers!

And I agree that something isn't the best way it could be when it comes to economic/marketing aspect. But I haven't decided is it a good or bad thing for my personal slice I want to put on this project

very nice indeed this will give the project much more exposure.

indeed just yesterday a chinese contact of ours "asked if it's ok" to convince large chinese exchanges to put agrs

I misunderstood this because I tho 8btc was an exchange. 

Any contact with chinese exchanges?

I've seen ohad has answered but anyways I post it 



You're saying that TAU will be a different project with different coins, which if I understood correctly, wont happen.
It will be the tech used by AGRS
So if you have AGRS, you will "have" TAU



There we go again with the most short term view we're suffering in the crypto space

You're thinking in the today's btc price, today's AGRS price, today's btc demand,
today's AGRS demand and you dont fucking care about what's gonna happen with those variables in the near and long term future

The people who says that there are to much coins they havent think about the future too much.

More disappointing is to see people who pretend to know about economics said that.

The explaining of cpu mining is new, gotta recognize that, but is more insane than what I've already read.



1) You are not representative of the investors.
2) Probably most investor dont even know what's better for them
3) Bitcoin is gold. Is scarce.
4) AGRS is to be used by a lot of people and with a lot of uses. NOT SCARCE

5) Think about this:
how many people will be using AGRS in 1 year:
how many people will be using AGRS in 2 year:
how many people will be using AGRS in 5 year:

thanks! i hope i understood you correctly:


one of tau's magic is that it doesn't need a currency in order to have incentive to participate (see what HMC answered to CoinTelegraph http://cointelegraph.com/news/tau-chain-a-decentralized-app-store-with-greater-flexibility-than-ethereum). what i mentioned on tauchain.pdf  that tau may contain coins in the future, has to be understood in either:
1. applications over tau can implement coins, just like agoras.
2. it is technically possible that tau's root chain will have some kind of coins. but it might not be the best choice. you probably remember the blogpost "decentralized democracy and the role of the first users". if the users will decide to have a currency on root, i can't help that. but it might not be a good idea since we really want to keep the root chain as minimalistic as possible, offering a platform to build applications over it.

so we don't present any investment model in tau, as we don't even have anything to sell. if the first users will see things differently - then that's what will happen. similarly, the "rules of changing the rules" (to be set by the first users as well) may leave such future option.
therefore no one including me has no way to profit from tau directly, unless, it'll be decided by the users while all users begin with same power.

i hope i covered all your points. let me know otherwise

After read and view all videos about you and your projects, i want to tell you that:

I read all your posts on bitcointalk about Zennet (decentraliced supercomputer), bitagoras, agoras and Tau-Chain
I read all your site about tau-chain and specially http://tauchain.org/tauchain.pdf
"About Tau-Chain" submitted to arXiv http://arxiv.org/abs/1502.04120
Martin-Löf Theory https://en.wikipedia.org/wiki/Intuitionistic_type_theory and https://en.wikipedia.org/wiki/Per_Martin-Löf

and also Isabelle (proof assistant) https://en.wikipedia.org/wiki/Isabelle_(proof_assistant) and http://isabelle.in.tum.de

Bitnami Docker https://bitnami.com/docker

About supercomputers:
Titan https://en.wikipedia.org/wiki/Titan_(supercomputer)
Supercomputer costs http://www.crizmo.com/worlds-top-10-supercomputers-with-their-cost-speed-and-usage.html
Cray http://www.cray.com/sites/default/files/resources/XT-AMD-HLRS-09.pdf
Supercomputers on Silicon Valley http://www.mercurynews.com/business/ci_28071868/supercomputers-hidden-power-center-silicon-valley

All blog posts www.idni.org/blog/
Your latest document about tau https://docs.google.com/document/d/16239hEjL_IgXYsk2I6RMjMKhmUte30leYI3jJ-Vgp3M/edit#heading=h.2bcszerkwj2g

P2P Search engines:
https://en.wikipedia.org/wiki/Distributed_search_engine
https://en.wikipedia.org/wiki/YaCy
http://yacy.net/en/index.html
http://www.faroo.com/hp/p2p/p2p.html

https://en.wikipedia.org/wiki/Supply_and_demand

and more information about your project or related about it...

Also i read point  7.3 Madurity on http://tauchain.org/tauchain.pdf   "And Tau-Chain will not implement coins from day 1, but it is something that can and should be
built upon the system"

After that I think that your IPO Agoras are good but economy vision of Agoras are wrong, why?

First, you provide 42.000.000 Tokens of Agoras (Pre-coins of AGORAS) that will include one APP based on Tau-Chain with descentralized supercomputer, bitagoras, search engine, etc... but no include on the IPO Tau-Chain.

That's a big mistake because with the IPO you will create Tau-Chain but we can't participate on it.
I propose that all investors with Agora Tokens will participate with a 21 or 42 percent of future token or coin of Tau-chain if you will make it on future, doesn't matter if you never make a coin or token for Tau-Chain but we want to have the possibility to participate. If with Tau-Chain madurity you include Tokens or coins you can sell the rest (79 or 58 percent) with IPO as same as Waves platform https://bitcointalksearch.org/topic/waves-ultimate-crypto-tokens-blockchain-platform-1387944 https://ico.wavesplatform.com and have a big success.

Second, After you sell 42.000.000 or less tokens of Agora it will converted on 147.000.000.000 Agora coins, thats too much coins and a big mistake about supply and demand economy law. Think that billions of coins will be brake capitalization because one cpu renting for one hour of supercomputer now it's between 0,015 or 0,025 dollars, with a capitalization of 3.675.000.000 dollars for 147.000.000.000 coins one coin it's cost 0,025 dollars and without decimals it's a big problem of capitalization.

I think the best it's no more than 147.000.000 Agora coins and 9 decimals and no problem with capitalization if one coin will cost 1 dollar or 500 dollars for renting supercomputer cpu for one hour, and also for bitagoras, etc... You can see on http://coinmarketcap.com all coins with billions of coins have very very bad capitalization because break offer and demand economy law.

Resume:
Investors don't like 147.000.000.000 AGORAS after ICO (supply and demand economy law) but it's good to have 147.000.000 or less + 9 decimals AGORAS
Agoras Investors like you include a participation with some porcentaje over Tau-Chain 21 or 41 percent or some percentage of the future Tau-Chain coins if will happen.

Think about it, this 2 changes will provide more interest and more money to your project, for investors and will provide a future big success for Agoras and Tau-Chain. Ohad, you and your team are making the best software project of this century, make it shine...

Thanks very much for your attention and Sorry my bad english.

not at all. i think the only use-case published for such is the search engine.


indeed, or in a more technical language: IO types (monads) aren't Auth types. cf. Anrew Miller's "Lambda-Auth". Also cf. the blogpost "Proof of Code Execution" on idni.org


that's why we have both blockchain and DHT.


it's more about specific tests. if your code meets some requirements, then you can supply a proof for that (unlike under turing complete languages, where such proof cannot be trusted in general)


right


no. but to explain that we'll have to dive into the really deep stuff. can do that on our irc channel


which problem? tau can do everything a finite computer can do. if you have infinite computers, please tell me how to get such


what is under doubt? the logic isn't new. blockchain isnt new. rdf isnt new. dht isnt new. we just combine them

If I am correct, this project is meaningfully extensible only if it is possible to communicate with exterior world other than tau-chain itself, such as www.
But the problem is, in verification processes of each blocks, the state of exterior world may vary from time to time.
If all the information is contained in tau-chain itself, the whole db size will be absurdly immense, because then all www is cloned to db.
Does pruning of blockchain or hashing of data help?

Also, Ohad describes agora as a market for developer. Do you intend to check if production code passes all the tests on non-turing-complete platform on tau-chain?
It sounds like developers can only write a code in non-turing-complete languages.
Perhaps, for example in C language, limiting while loops, function recursions and memory allocation size would make C emulatable on tau?
Maybe ethereum is useless in real world, but as far as I see, tau has the same inherent problem about turing-completeness.

I think this is one of the most eccentric project in the world now, but I actually doubt if it really meaningfully works.

Tau is really a long term project,though the price is going down day by day.

+1
Thanks for the help!

You can hold them either offline or online, offline is more efficient and security wise better:

https://www.omniwallet.org/ - This is the online wallet.

http://omnichest.info/wallets.aspx - Here you can download the Omni wallet for offline.

You can remove the coins from Bittrex to your personal secure wallets.

Finally some clarity, didn't know the rest of the coins were going to be burned.

If I'm gonna buy tokens via Bitrex, how will I "hold" them? How can they be trade?
I couldn't find any information regarding a wallet / some way to store it.

Did Bitrex just bought  a huge load and handle the balancing internally?
If so, then I have to wait until there is a wallet and I have to hope that Bitrex won't shut down?

currently, no advantage unless it's about tens of thousands of dollars, as the price on bittrex is the lowest ever now

Thanks for the quick answer

i still have a question.
What will be the advantage of buying directly from the devs instead getting some tokens via bitrex?

It's open until development is finished, then the rest of the coins are burned.