BitShares Hangout #26 - 2017-06-23 - OpenSource Agenda [Top BitShares Worker Proposals will Earn WhaleShares!]

taconator (59) · 7 years ago

There are many interesting and important worker proposals for BitShares but in my opinion the highest priority due to time constraints is the following.

Worker Proposal: Report on EOS "Integration"

Several ideas are being considered for how "integration" with EOS might occur. Some of the ideas that have been developed by others are:

Modify BitShares block header and do side chain with EOS
Full port of BitShares to Wren running on top of main-EOS chain
Upgrade BitShares Architecture with lessons learned from EOS
Both, (3) and (2) with sidechaining

Each have their pros and cons.

If this future integration might be funded by a future worker proposal in BitShares, a report could be prepared and presented to the community.

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3 votes

freedomengineer (58) · 7 years ago

I concur with what @officialfuzzy said in a past episode; If bitshares does not create a free to use decentralized exchange on EOS, someone else will, and eat our lunch. (I am paraphrasing here)

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eric-boucher (68) · 7 years ago

Thanks a bunch for sharing all this information with us all!

I'm wondering if I can buy directly Bitshares from Seem or SBD? Any idea???

Have a wonderful day, thanks a bunch for all your help and dedication, namaste :)

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belidged (43) · 7 years ago (edited)

Bitshares is an Openledger.io coin and is therefore available for purchase on the Openledger.io exchange. They are also having a livestream tomorrow. The first in 6 months and Obits will begin auctioning. You can purchase Obits with Bitshares. Steem is also on their exchange. In fact they are the only exchange that hasn't been hacked yet.
Screen Shot 2017-06-21 at 3.01.04 AM.png

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3 votes

eric-boucher (68) · 7 years ago

Interesting information here, thanks a lot for sharing. This is valuable. Namaste :)

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razaak (54) · 7 years ago (edited)

Of course you can, use blocktrades, set up from steem, or sbd NOT open.steem open.sbd had issues and needed to ticket a refund with that, but steem or sbd works fine.
https://blocktrades.us/
you send from your account to blocktrades, and don't do it without the memo and everything will go smoothly!

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eric-boucher (68) · 7 years ago

Thanks a bunch, I just did it and it worked super smoothly, so far... I look forward to see the result of it within the next day.

Namaste :)

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razaak (54) · 7 years ago (edited)

Next day? A couple of minutes at most for me so far, make sure you always put in the memo, otherwise you'll have to be refunded lel, lucky steem doesn't charge on transfers

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forward-thinker (38) · 7 years ago

I am new to bitshares and steem. Absolutely loving the technology.

I recently purchased bts on both the dex and polo. It was wonderful to send bts from polo using a username versus copy paste some random string of characters.

So fast as well.

Looking forward towards learning more from your hangout

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12 votes

tonypeacock (57) · 7 years ago (edited)

I needed some direction on this and now here it is. I will follow the steps. Thanks Fuzzy :)

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3 votes

vogard04 (51) · 7 years ago

Hei @officialfuzzy I followed you, so I read all your stuff I like, so I chose it. Unfortunately, my minnow vote is not worthy of you. I have tried to shift my subject to see if I am getting a bit of charm. Hmmm one shows $ 3.50 and one today has reached $ 9 maybe we need to understand our audience here. Look at them as consumers. What are they hungry Maybe, I keep trying new corners.

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jza (63) · 7 years ago

What happened with the Blockpay Telegram group? It was deleted out of the blue.

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cm-steem (67) · 7 years ago

I thought I had accidentally left the group, it vanished in front of my eyes :S

Perhaps it's damage control? Wasn't Chris the admin?

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jza (63) · 7 years ago

I know I wanted to read the last messages to learn what or who decided to close it down.

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jza (63) · 7 years ago

Yeah unfortunately this leaves the investors even more on the dark, since these seems to be taking legal actions, I guess some of the fighting has been moved behind closed doors and soon behind courts or arbitration boardrooms.

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daniel2416 (41) · 7 years ago

Thanks for this important information. However, it will be better if the EOS integration helps to offer Altcoins exchange instead of going for only Ether and BTC as the main exchange/leverage medium. Nice post and thanks again.

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tikal (42) · 7 years ago

Bitshares ist the best Proyect.

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evanrvoss (67) · 7 years ago

Nice post my friend but I have a question.....On the bitshares wallet, are you able to transfer in bitshares from another platform directly? To me I just see the option to buy it directly. Thanks mate.

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sols (54) · 7 years ago

I'm not sure if this is what you mean though you can trade it out of bittrex and poloniex, there is a fee from their end, I don't think they like you decentralizing your exchanging and not paying many fee's

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evanrvoss (67) · 7 years ago

That is what I am asking....I just don't see BTS on the transfer page. i see every other crypto besides that one...Thanks @sols

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pawnuts (52) · 7 years ago

the "withdraw" feature is for UIA's. Use the "send" feature (left hand side under your account picture) for sending BTS from account to account.

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evanrvoss (67) · 7 years ago

Found it!!! Thank you. Not sure why I wasn't opening my eyes and looking around the screen.

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officialfuzzy (75) · 7 years ago

Lol yes....true.

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skytrex (59) · 7 years ago

"20 WhaleShares (approx $60 value)"

So this:

Is worth +/- $600?

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officialfuzzy (75) · 7 years ago

Not sure i understand your question :/

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skytrex (59) · 7 years ago

Well, I won the 200 Whaleshares (see above) but didn't figure out how to best use them? And what they were worth?

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officialfuzzy (75) · 7 years ago (edited)

Whaleshares token is on the bitshares exchange :)

U can use them to get whalevotes from my account!

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bigbear (68) · 7 years ago

Thanks for information resteemed to get my followers to see it as well.

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revelim (64) · 7 years ago

A good option for those interested.
Thank you for good posting.
Have a nice day @revelim

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lautenglye (54) · 7 years ago

nice...deserve upvote and resteem...

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arcange (73) · 7 years ago

Congratulations @officialfuzzy!
Your post was mentioned in my hit parade in the following categories:

Upvotes - Ranked 7 with 588 upvotes
Pending payout - Ranked 5 with $ 1509,16

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jaydebjana (32) · 7 years ago

what is the good trade site to buy bithshare? any suggestion

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patasieduagh (48) · 7 years ago

Nice one there I will register for it

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charles1 (68) · 7 years ago (edited)

Following you @officialfuzzy in order to get more amazing posts (wow, I love this one too) and support you....upvoted. Fired up and ready to go.

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darkraja (32) · 7 years ago

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olly (0) · 7 years ago

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Reveal Comment

officialfuzzy (75) · 7 years ago

Upvote after reading silly :]

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zamrbk (33) · 7 years ago

we needed some direction on this and now here it is. I will follow the steps. Thanks Fuzzy :)

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zamrbk (33) · 7 years ago

Is Bitshares realy reliable to invest them

Please comment

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olekpopova (41) · 7 years ago

Thank you for the information. Certainly appreciate.

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andygkw (25) · 7 years ago

This is a very good information. Thank you.

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majes (71) · 7 years ago

Thanks guys !!

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cryptogensan (35) · 7 years ago

Thanks for the offer ....

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https://steemit.com/bitcoin/@yinka/bitcoin-startup-blockchain-raises-record-usd40-million-in-google-ventures-led-series-b

yinka (5) · 7 years ago

Bitcoin Blockchain Raises Record $40 Million in Google Ventures-led Series B

AM NEW HERE PLS UPVOTE FOR ME HAVE ALREADY UPVOTE YOU

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officialfuzzy (75) · 7 years ago

Im sorry but i dont upvote people posting things that do not pertain to the topic of this thread.

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kfactor7 (38) · 7 years ago

follow back bro

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d4rkey3 (25) · 7 years ago

Wow Thanks for this post bro :D

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sitimunawarah (46) · 7 years ago

This is very good information, keep sharing sir :)

Follow me @sitimunawarah and see my content :)

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guiltyparties (70) · 7 years ago

Hoping to make it next hangout. Resteeming.

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artedellavita (64) · 7 years ago

You seriously always have the best info! Unfortunately that day I'm up to my ears in clients (which is a good thing) but I will definitely download what you recommend to be ready for the next one. Happy Thursday!

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officialfuzzy (75) · 7 years ago (edited)

Im trying to bring value and show people that you dont have to code to help coders build amazing things ;)

Too many people dont think longterm.

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artedellavita (64) · 7 years ago

And that's unfortunate.
Still getting the hang of The8App, so far so good! Way better than IG.
Thank you once again!

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kryptokayden (58) · 7 years ago

As a newbie here,im very excited and looking forward to this.

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hatemmkh (55) · 7 years ago

I still can't understand bitshares however I want to learn and start there as people are saying they make good money there

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testlump (46) · 7 years ago (edited)

Which part are you struggling with? This basic summary from reddit (https://www.reddit.com/r/BitShares/comments/6h4j2y/what_is_bts/divugh5/) explained it quite nicely I thought:

It's a coin (symbol BTS), like Bitcoin (BTC), but also a platform (which can lead to some confusion). You can own and trade Bitshares (BTS) as you would any other coin (ETH, BTC, DASH etc) - for example on Poloniex - pair BTS/BTC), but the real magic is the platform which is like an entirely decentralized financial ecosystem.

The Bitshares platform covers features such as;

The DEX (Distributed Exchange): An exchange like Poloniex or Bitfinex for example, but one that isn't centralized and anyone can use. Install the client at bitshares.org\download and take a look.

UIA (User Issued Assets): Equivalent to stocks quoted on the New York Stock Exchange, but created by users of the Bitshares platform by locking away some of the BTS they own (Similar to how a company creates shares). User Issues Assets can then be traded on the Decentralized exchange in the same way as people trade stocks on the NYSE. For example; you could set-up a company, get people to fund you some BTS (or use your own), create your own UIA (just like all companies that have an Initial Public Offering - IPO - do) and return those people your UIA in exchange. People can trade your UIA based on how well they perceive your company to be doing, just like on the NYSE. You just floated your company! (with crypto)

SmartCoins (Pegged Assets): Are similar to UIA's (In that they require BTS is locked up for them to exist), but rather than having a free floating value their value is set by the Bitshares platform (specifically by witnesses via Price feeds). A witness is equivalent to a miner in Bitcoin and a Price feed is a value that each witness publishes to the Bitshares platform saying what how much a SmartCoin should be worth in BTS. This clever mechanism allows a SmartCoin to have a price pegged to a real-world instrument (for example the US DOLLAR, EURO or CHINESE YUAN), but valued in Bitshares (BTS). The SmartCoins are backed by BTS (so if BTS is worth nothing, then they'll be valueless), but - if you assume BTS is worth something - then by exchanging your BTS for a SmartCoin (E.g. BitUSD or BitCNY), you can effectively protect yourself from the huge volatility that surrounds BTS. It's no different to selling any BTC you own for USD (or EUR or CNY) on an exchange like Bitstamp or Bitfinex, except that Smartcoins are entirely decentralized (through the magic of the DEX), so not susceptible to the exchange disappearing with your money, forcing a loss on you because they were hacked or suddenly deciding to seize your assets because you don't meet their Anti Money Laundering / Identity requirements. All the benefits of a USD/EUR/CHY, but without the annoying drawbacks of centralization.

The Bitshares coin (BTS) is the oil that makes the Bitshares platform work. It acts both like the 'gold standard' that historically was used for backing fiat currencies allowing the creation of User Issued Assets's and SmartCoins, but it also acts like a share allowing those who own BTS to vote on what new developments should be worked on for the Bitshares platform or what settings should be changed (E.g. confirmation times, block sizes) etc. BTS can also be used and traded as a coin in the same was as people trade BTC/ETH/DASH etc.

That's just a simplified run-down of the best bits of Bitshares. It also has massive throughput potential (over 100,000 tps) and a number of other features, but probably most important of all; it exists here and now with all the features listed above, usable by anyone who wants to get involved.

You can download the wallet from https://bitshares.org/download or register at a web-wallet (use Account model if you want to log in from any device or computer) like http://openledger.io/ or https://bitshares.org/wallet/

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8 votes

hatemmkh (55) · 7 years ago

thanks a lot

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engraqin (48) · 7 years ago

I heard about bitshares too & now i think i need to do some research to get profits lol

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hengsochan (39) · 7 years ago

good

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elevator09 (71) · 7 years ago

thanks for the information

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mahdiyari (67) · 7 years ago

i want to help you in any way
but i don't know how can start

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siddartha (63) · 7 years ago

I will try my best (time difference) to join this hangout. Applecrisp told me about this. Already downloaded mumble and set it up. I would like to participate as an audience for this hangout.

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adilkhatri (41) · 7 years ago

Every types of shares not suitable for me :O :P

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smailer (67) · 7 years ago

I was in mumble while this initiative had announced the first time. Even fill some excel form but still don't get the whale token,
maybe my record had lost on.

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officialfuzzy (75) · 7 years ago

We are working on the guestlist. It was having probs as it was new. Please join discord and mumble though ;)

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smailer (67) · 7 years ago

Ok, tomorrow I will appear in mumble :)

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shaheryarahmed (41) · 7 years ago

I really appreciate the work your doing , I am very much inspired and impressed with your post. If you support me to grow up into this network it will be helpful for me as a beginner. If you resteem one of my post it will help me to grow in to Steemit network
Shaheryar Steemit

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zeeshan2 (7) · 7 years ago

Your steemit account is very nice! Good luck for 😍

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aguayojoshua (49) · 7 years ago

So happy to see you guys using Mumble. It's open source and encrypted communication and I think it's really unappreciated. A quick question, are BitShares comparable to AntShares (Now, NEO)? Or is it just similar names?

Thanks for sharing, I look forward for more! ^^

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