BitShares Hangout #51 | 2017-12-16 | Sat @200PM UTC | OpenSource Agenda [Beyondbit Payouts Powered by SP!]
BitShares Hangouts Speakers and Worker Proposals Earn Beyondbits for Participating!
"Join weekly to speak with founding community members of the BitShares Enterprise Dex about history and current events in Cryptocurrency and get a chance for some free BitShares-AND-Steem-based Tokens!" ~officialfuzzy
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Where these Hangouts will now Take Place!
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Hangout Format:
This will go up at least 4 days before the BitShares Hangout. BitShares community members who post subjects to cover and bring topics of discussion are asked to do so in response to this post first. Worker Proposals are a Chief Focus in these hangouts, but other topics and projects are welcome to join. @officialfuzzy can finally pay people who have supported this powerful cryptocurrency for the past 4 years since its birth and evolution. So reply below with valuable topics, updates, info we should cover and earn upvotes from in this thread and earn a special bonus if yours are chosen!
How Much Time Per Topic?
Hangouts will be at least 45 minutes long, but depending on attendance and projects/topics to be covered may last up to 60 minutes. Given this, we will try to stay with 5-6 core topics and will fit in others where possible.
What do we Earn for Actively Participating?
Those who attend will each earn from a pool of bitshares based tokens. They will then be given directly to you via your Bitshares wallet.
Fuzzy will be giving Beyondbits to community founders who attend this weekly hangout to give their own unique perspectives and expert commentary. He will also be giving them to people who give topics and information we choose to use in our hangout!
So make sure you get a BitShares Wallet!
And let's not forget...you get SP through upvoting quality information and content worth sharing with the top minds in crypto across the graphene ecosystem!
How to Join as a Guest Speaker
Step 4: RSVP Below with the following details:
- Project/Topic Name/News Piece
- Relevant Steemit Tag?
- Appropriate links to share?
- Steemit and/or Mumble account name of Representative/Speaker
- How should we Introduce you/your project/your news coverage?
- What is your bitshares account name?
Is Any Topic Off Limits?
Yes. We reserve the right to learn from the newest trickster trolling steemit consistently searching for way to insert chaos into the equation and devise future strategies for negating these. Naturally if these efforts become ham-fisted attempts at shutting down free speech in honest conversations, the audience will hold us accountable.
But with that said....pretty much anything can be covered--even up to and including current events. However, I personally will only be voting up stories that touch the blockchain in some way shape or form and will be asking the community to downvote absolute Rubbish! ;)
BeyondBits are powerful tokens worth upvotes on Steem, but you need to use BitShares Wallet and follow the instructions on WhaleShares.Net! So make sure you have a BitShares Wallet to receive and send them for upvotes on your steem posts!
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Excerpt from this weeks Bitshares State of the Network report
The Bitshares protocol upgrade was successfully deployed to the BitShares blockchain on the 8th of December. The most prominent change of this upgrade was the introduction of BSIP18.
Smartcoins are pumping!, This week has seen a 23% increase in the smartcoin supply making a new All Time High in the circulating supply of stable coins within the Bitshares platform. The largest increase in circulating supply came from BitUSD which has increased by 38%, Ruble has increased by 22% and BitCNY and BitEUR have also both seen a 16% increases. Nearly 1/5 (20%) of all Bitshares BTS in circulation is being held by the blockchain as collateral to back smartcoins
Bitshares has breached 1 Million Transactions in a 24 hour period this month. As reported by Blocktivity.info which shows Bitshares and Steem as the only blockchain to reach the 1 Million TX per day milestone.
Eristica is Migrating to BitShares and Stan and Michael will be joining their board of advisers. Eristica has gained a lot of traction in Russia recently and reports show 1.2 million people have used their app to dare someone to do something for entertainment.
A fork of the very popular trading bot platform 'BTSBot' has been released. The previous developer 'Alt' has shutdown the original service and now a new team has reconstructed the services and relaunched the platform. The new service can be found at bitsharesbot.com
AriseBank, a Decentralized Bank, is Partnering with BitShares
Suggested Duration: 10 minutes
A decentralized cryptocurrency bank in called AriseBank has acquired an FDIC-Insured Bank. This bank has several interesting characteristics:
Worker Proposal Progress: BitShares Spokesperson
Suggested Duration: 10 to 15 minutes
Recently, the BitShares spokesperson prepared a report regarding the issues that it must address when discussing with centralized exchanges such as Bittrex.
Outline of BitShares Blockchain
A very precise description of the blockchain and how it operates in a decentralized manner is available in the document. It is clearly directed towards nitpicky readers but is neverthless lucid. The term "Working Budget" was apparently important to be used to convey.
A. Three billion, six hundred million BitShares were generated, which cannot be increased. Other than BitShares in the Working Budget described below, all the BitShares are currently in circulation.
...
_A. All transactions on the BitShares Blockchain correspond to “smart contracts” that require an individual transaction fee. Twenty percent of the transaction fee goes into the Working Budget; the other 80% is transferred to the registrar and any referrer. The division of fees between the Working Budget and the registrar, and between the registrar and any referrers, is performed automatically and autonomously.
...
E. Disbursements from the Working Budget must be authorized by a vote of the BTS token holders. They authorize budget from the Working Budget by voting.
Foundation will Prepare a Website about BitShares
Bittrex needs the Foundation to be prepare a website that contains information like the outline above. Towards that end, the Foundation is preparing a website to be the "one and only source of information for a potential owner of BTS and inform and educate all authorities and bodies involved."
The BitShares Blockchain Foundation will organize and maintain a website to be the one and only source of information for a potential owner of BTS and inform and educate all authorities and bodies involved. Regulators are all about protecting the consumer by making sure laws are observed and misunderstandings avoided at all times. Simple example: no NYSE listed company has two or more “official” websites. Whether we like it or not, that is the way it has to be. It means we have to clean up documentation, organize it, shape up in instructing the public and having an address to reach the decentralized BitShares Blockchain. BBF will need to put out a disclaimer on all the rest of information in order to protect the community and the public and prevent misunderstandings. That does not mean by any way that the core in which way the BitShares Blockchain operates with its voting mechanism has to change one bit. It is only what we do to the outside world that needs to get organized and be precise in its wording. So in that respect, indoors, nothing changes. BBF has recently brought forward a proposal to establish more contact by instituting an Advisory Board from within, always in compliance with the applicable laws in the Netherlands, to which the entity is registered.
...
The BitShares Blockchain Foundation will shape the information based on the description below. This is already set in motion. A detailed plan is being worked out. Once we cleaned it up with Bittrex Inc., we will be in the position to lift the temporarily freeze on the trade in BTS. The current situation enables the community right now to comply with existing U.S. laws. Bittrex Inc. had to make sure they were not involved with a market that was not compliant. Their strict and thorough study as matter of fact gives us the opportunity to make the BitShares Blockchain stronger towards the future.
New BitShares API node provided by xeldal
Suggested Duration: 2 minutes
xeldal, a BitShares witness, has provided an additional API node in Kansas, USA. This API node can be added manually within the BitShares GUI reference wallet under Settings->Access. It is expected to be automatically added within the next release of the reference GUI wallet along with several others that were added by AP Asia Tech last week.
important information
This is very interesting!
BitShares: New Client 2.0.171205 Released
Suggested Duration: 2 minutes
Other notable improvements:
📈 Promoting the Bitshares DEX for EOS DApp ICOs
5-10 Minute Discussion
I'm not the best qualified to give a solution to the issue of promoting the use Bitshares / DEX as the place for new EOS-based DApps to raise funds or launch an ICO. But I think it should be a point of discussion especially if we focus/talk so much about cross-chain synergies between Dan's technologies. BTS > STEEM > EOS
We have seen ETH's issues the last 2 weeks bogging down which causes issues for people trying to take part of the EOS ICO, and any others, and we all know BTS can handle the transaction workload with ease.
This week we saw the announcement of IndieGoGo partnering with MicroVentures to launch an ICO Crowdfunding program based on ERC20. FAN token (The Fan Controlled Football League) is the first ICO using this program. This program is not focused on EOS DApps, but they will be able to pull them over with their well-known name and marketing.
📌 https://go.indiegogo.com/blog/2017/12/indiegogo-ico-cryptocurrency.html
📌 https://app.microventures.com/crowdfunding/fcfl?referral_code=iggblog&utm_source=blog&utm_medium=socialmediaowned&utm_content=ico
We have some Pre-ICOs, and Pre-Crowdfunds using the DEX, (Smoke, Peerity, etc) but it's not as many as it should have. @Everipedia would be a GREAT opportunity to bring an upcoming DApp with a big associated name behind it building for EOS to the Bitshares DEX for its crowdfunding.
📌 https://cointelegraph.com/news/wikipedias-larry-sanger-joins-blockchain-startup-to-disrupt-his-own-creation
How do we go about promoting Bitshares to be the go-to place?
Guides about BitShares Blockchain Concepts
Suggested Duration: 2 minutes
AP Asia Tech has prepared some helpful guides about various concepts within BitShares. These guides cover Governance, DPoS and Witnesses, Worker Proposals, and Creating Your Own Tokens.
BitShares Protocol Upgrade Successfully Deployed
Suggested Duration: 5 to 10 minutes
On 8th December of 2017 at 15:40 UTC, the most recent protocol upgrade that was in development for over 6 months has been successfully deployed on the main BitShares blockchain.
The upgrade of the blockchain protocol went as expected and without any trouble thanks to our rigorous core developers and months of code reviewing and testing.
The most prominent change of this upgrade was the introduction of BSIP18 which allows to revive market pegged assets that underwent a global settlement event. This allows participants to re-activate a couple of BitAssets among which are SILVER, GOLD, SEK, RUB, NZD, HKD, SGD, and KRW. So far, except for GOLD, most BitAssets have been revived successfully and can not only be traded but also borrowed and settled again.
"Eth Killed by Kittens?" Meme Winners Announced!
Suggested Duration: 5 minutes
Three winners of the Meme Contest, "Eth Killed by Kittens?", have been announced. 500 BeyondBit and 9 EOSbit awarded!
Thanks for this info. I'm now dabbling in Bitshares thanks to your posts.
you should join us! :)