5 ms·

...now that makes sense! What is Bitshares?

matt608 12y ago
http://bytemaster.bitshares.org/update/2014/12/18/What-is-BitShares/ http://bytemaster.bitshares.org/update/2014/12/18/What-is-Bi...
natrius 12y ago
BitShares is a platform for stable value cryptocurrencies. http://bytemaster.bitshares.org/guest/2014/12/22/How-BitShares-Works/ http://bytemaster.bitshares.org/guest/2014/12/22/How-BitShar... This login stuff doesn't seem super interesting, but stable cryptocurrencies do to me. BitAuth[1] is a similar idea for using keypairs for authentication. Neither will take off until there's a huge install base for the wallet software, or browsers have embedded the protocol behind a good UI. [1] http://blog.bitpay.com/2014/07/01/bitauth-for-decentralized-authentication.html http://blog.bitpay.com/2014/07/01/bitauth-for-decentralized-...
jarsin 12y ago
There is a lot of different aspects to bitshares. Too many to cover in a comment. From the concept of DAC's (Distributed Autonomous Companies) that have delegates / employees that are paid by the blockchain either through share dilution and/or transaction fees. Bitshares is the first DAC and can be thought of as a bank / brokerage. PeerTracks/bitsharesmusic is the music DAC that just had a ICO see http://www.peertracks.com http://www.peertracks.com To DPOS (Distributed proof of stake) VS bitcoin which is Proof of Work. It also has distrubted DNS (in the works), a voting platorm (in the works), User Issued Assets (think companies issuing employee stock on the blockchain), BitAssets (stable coins that track a real world counterpart backed up by 3x collateral such as BITUSD). Some good links for info http://bytemaster.bitshares.org/ http://bytemaster.bitshares.org/ https://bitsharestalk.org/index.php https://bitsharestalk.org/index.php http://www.bitshares.org http://www.bitshares.org http://bitshares.tv/ http://bitshares.tv/ http://www.bitsharesmusicfoundation.org/ http://www.bitsharesmusicfoundation.org/
tinkerrr 12y ago
A counter-view to just how awesome Bitshares is (I don't fully agree with the article, and I am not the author): http://prestonbyrne.com/2014/08/17/dont-walk-away-run/ http://prestonbyrne.com/2014/08/17/dont-walk-away-run/
- logic_geek 12y ago
  The article makes a lot of false points but is right in one respect. It would be a fragile system without a price feed. The price feed is in place now and it works decently.
  - etchalon 12y ago
    What false points do you feel it makes?
    - jerrycabbage 12y ago
      It is poorly written emotional FUD spreading. What is a specific strong point made? It seems more reasonable to work from the other end.
      - etchalon 12y ago
        lol. So, you didn't actually read the article? Cool.

http://bytemaster.bitshares.org/update/2014/12/18/What-is-BitShares/ http://bytemaster.bitshares.org/update/2014/12/18/What-is-Bi...

natrius 12y ago

BitShares is a platform for stable value cryptocurrencies. http://bytemaster.bitshares.org/guest/2014/12/22/How-BitShares-Works/ http://bytemaster.bitshares.org/guest/2014/12/22/How-BitShar... This login stuff doesn't seem super interesting, but stable cryptocurrencies do to me. BitAuth[1] is a similar idea for using keypairs for authentication. Neither will take off until there's a huge install base for the wallet software, or browsers have embedded the protocol behind a good UI. [1] http://blog.bitpay.com/2014/07/01/bitauth-for-decentralized-authentication.html http://blog.bitpay.com/2014/07/01/bitauth-for-decentralized-...

jarsin 12y ago

There is a lot of different aspects to bitshares. Too many to cover in a comment. From the concept of DAC's (Distributed Autonomous Companies) that have delegates / employees that are paid by the blockchain either through share dilution and/or transaction fees. Bitshares is the first DAC and can be thought of as a bank / brokerage. PeerTracks/bitsharesmusic is the music DAC that just had a ICO see http://www.peertracks.com http://www.peertracks.com To DPOS (Distributed proof of stake) VS bitcoin which is Proof of Work. It also has distrubted DNS (in the works), a voting platorm (in the works), User Issued Assets (think companies issuing employee stock on the blockchain), BitAssets (stable coins that track a real world counterpart backed up by 3x collateral such as BITUSD). Some good links for info http://bytemaster.bitshares.org/ http://bytemaster.bitshares.org/ https://bitsharestalk.org/index.php https://bitsharestalk.org/index.php http://www.bitshares.org http://www.bitshares.org http://bitshares.tv/ http://bitshares.tv/ http://www.bitsharesmusicfoundation.org/ http://www.bitsharesmusicfoundation.org/

tinkerrr 12y ago

A counter-view to just how awesome Bitshares is (I don't fully agree with the article, and I am not the author): http://prestonbyrne.com/2014/08/17/dont-walk-away-run/ http://prestonbyrne.com/2014/08/17/dont-walk-away-run/

logic_geek 12y ago
The article makes a lot of false points but is right in one respect. It would be a fragile system without a price feed. The price feed is in place now and it works decently.
- etchalon 12y ago
  What false points do you feel it makes?
  - jerrycabbage 12y ago
    It is poorly written emotional FUD spreading. What is a specific strong point made? It seems more reasonable to work from the other end.
    - etchalon 12y ago
      lol. So, you didn't actually read the article? Cool.