These are my notes from the capitol factory bitcoin presentation by Stan
On Nov. 13, 2017. A time of great opportunity and great risk.
Real time block chains handle more traffic than all other block chains combined. Daniel Larimer bit master satoshi nakomoto- will long term be useful of not?
Smart coin factory and decentralized chain
Can't have trades take 10 min or more.
EOS -operating systems using graphene, smart contracts compete w etherium.
"EOS can run etherium inside a single contract."- Dan Larimer
Bitshares is like a super highway making bitcoin classic look like a rickety footbridge, bitcoin segwit and bitcoin cash look like unused footbridges.
Price performance and utility graphs on bitshares steem and etherium.
Encourages to ask the question, why are you buildignnonnthebplatform you choose??
Clones and ICOs
Less urgent coins and real time coins
Final product needs to end where it provides lots of performance-
1920s. Ppl pocketing a percentage of $ into their own pockets led to regulations, so know hat we must deal with issuing high quality coins and go goer the securities we need
Mega trends of 2018 is to move to high quality coins. $ leaving and into
Www.Stokens.com - security tokens- high quality securities. John gots is manic about only allowing high quality tokens. shows ppl how to clean up their coins- act quickly and do the right thing to help Ppl clean up their tokens if thignshavr gotten messy.
WIN Millions - having something to do with sports betting
Earn millions- participate in something that allows you to earn mining- by doing things that are useful to advertisers
Bitcoin segwit2x - makes it ok to disagree what kind of software it's designed on, can say I don't agree w how it runs.. highly controversial. Reinforced by market incentives.
How many splits in bitcoins do we have to go thru?
On Aug 1, we created fast bitcoins on thebbitshares net work. Owned by the same ppl that owns bitcoin cash. But can use it now as a tutorial- can keep coining and forking bitcoin when you can get 10,000 of "independent performance movement"
Switched to a new code
Www.Goldback.io -will be auditable as they go along - not like Fort Knox...
why can't doge move up to a different platform-- you can't illuminate miner bc the ppl that made the platform are miners!
Soverignhero.com
Tracks a formula defined as a formula of the value of the dollar of dec. 13, 1913- when the fed reserve was made-- the little decaying dollar
This is what it like to have An honest set of robots running your formula !
Smart contract endowments
Million to billion club
BILLIONHEROCAMPAIGN.com
Expand your vision. Mining might be going out..
Questions:
Delegated proof of stake- is there a desire or mechanism to increase the number of consensus nodes? Yes, but ppl have a limit on ppl they know and how many they can trust. I'd rather have 17 really well known trusted people that I can fire than twice that many.
Is there probability w the delegated model that ..? Vision that as this grows and scales, everyone of those nodes could be trusted by that company:
Dan is stan's son - building steemit- protecting life liberty and property - now doing gov models.
Thanks for sharing these notes! I'm a big fan of Dan, Stan and their philosophy of freedom.