Based on what I am reading here, I'm pretty sure most of you didn't read the basecoin white paper (or even the Nader Theory blog) before posting your response.
One more reason why Dash might be able to easily implement the ideas in the above white paper is as follows. Their scheme requires some type of oracle, i.e., humans who feed data about the current exchange rate into the blockchain. Dash already has a system in place that could be easily modified...
Yes, the paper also criticizes bitusd as given below. (Fair use excerpts.)
The BitUSD peg is enforced by a weak self-reinforcement scheme backed by the BitShares company as a lender of last resort, not by the protocol itself. The only reason BitShares are worth 1 USD is because everyone...
There is a new proposed cryptocurrency called basecoin that is designed to be price-stable.
Essentially, there will be two coins, one with stable value and adjustable quantity, and one with unstable value and predetermined quantity. By a serious of auctions, the value of the first one is kept...
I read that posting about comparative advertising and here is what I think. When people buy conventional products such as cars, detergents, or food, comparative advertising targets a competing company and the consumer will generally not take it personally.
Consider, however, the hypothetical...
Maybe Dash needs a program like the one Google has.
Paying Professors: Inside Google’s Academic Influence Campaign.
https://www.wsj.com/articles/paying-professors-inside-googles-academic-influence-campaign-1499785286
(Archived at: http://archive.is/XF2S3.)
Mr. Desai, now a law professor at...
Agreed. A person who is a Bitcoin enthusiast will be turned off by the graphics. Bitcoin is not the enemy.
Also, on the landing page the description of instant payments is unclear:
Dash solves this problem with Instantsend. The moment you send an Instantsend transaction, computers on the...
I think you and Craig Wright are thinking along different lines.
Your thinking is that you are limited to whatever the current opcodes allow you to do, e.g., multi-sig and comparable computations, so a generalized smart contract cannot be implemented.
Craig Wright's thinking is that Bitcoin's...
If we use the phrase "smart contract" with the meaning that it has in the Ethereum world, then no, I don't think the proposal system is a smart contract. The code in an Ethereum-style smart contract (a) lives on the blockchain and (b) can be written by anybody without needing write access to the...
Are you saying that the OP_TOALTSTACK and OP_FROMALTSTACK opcodes are disabled in the Dash-specific code? They are definitely not disabled in the Bitcoin code.
A smart contract doesn't have to do a lot of computation. Even relatively simple things can be useful.
Look at Ethereum's domain registration system which runs entirely via a smart contract. See: https://ens.domains/. The smart contract will let you register a domain name via an auction, or...
Recently, Craig Wright spoke at a conference called “The Future of Bitcoin” in which he said that Bitcoin's scripting language is a 2-PDA, or two-stack pushdown automaton, which is Turing complete.
If you click on the below video you might not see what you expect. The forum software in use...
What happened was that you made some assertions ("Evolution is being developed in a private repository....") that made you sound like an insider or a member of the core team. But you had only recently signed up on this forum, so that seemed like a contradiction to me. That's why I asked if your...
Generally, the most authoritative information comes from the combination:
credible person + credible physical evidence
It's not a good idea to choose the person or the evidence ahead of time.
I see many features of the new software listed. But nothing about studies by academic exports. And no mention of game theory, which is the relevant field of research here.