Recent Posts

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Off Topic / Re: Proof of Stake optimization
« Last post by zack on June 27, 2016, 04:20:53 pm »
I made this into a video: https://youtu.be/K7tzCmRbjNM
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Off Topic / Re: I am selling Augur REP
« Last post by sflicht on June 26, 2016, 07:15:33 am »
I did the trade and I was happy with the price. It was consistent with all the recent trades on reptrader, and as far as I'm concerned everything above the 2BTC I payed in the presale is just gravy... I've come around to Paul's POV that Ethereum in general, and Augur in particular, is extremely unlikely to gain any real traction.
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Off Topic / Re: I am selling Augur REP
« Last post by zack on June 25, 2016, 02:33:52 pm »
Don't rush your trade. That seems like a bad price to me.
Last I heard, it was 0.007 BTC per rep.
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Off Topic / Re: I am selling Augur REP
« Last post by sflicht on June 23, 2016, 02:12:02 am »
Zack, thanks for the pointer to reptrader. I'm about to sell 813 REP at 0.0054 BTC. If you want to make a higher bid, let me know ASAP.

On the flip side, I think my counterparty wants to buy even more, at roughly this price. So let me know if you'd like me to put you in touch.
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Off Topic / Re: youtube video for Flying Fox blockchain
« Last post by MattGoldenberg on June 15, 2016, 02:33:50 am »
Zack, if half of this is true, you need a whitepaper.  I would hate to see these type of innovations disappear into obscurity.
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Off Topic / youtube video for Flying Fox blockchain
« Last post by zack on June 14, 2016, 02:10:32 pm »
This video goes over the innovative features in Flying Fox.
https://www.youtube.com/watch?v=sEGyfg7AB0Q
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Outside Work / Re: Great article on Futarchy by Ralph Merkle
« Last post by MattGoldenberg on June 12, 2016, 05:55:31 pm »
The problem is already pretty solved in most democratic nations with voter registration.  It's a centralized solution but it certainly works pretty well
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Off Topic / Proof of Stake optimization
« Last post by zack on June 11, 2016, 04:23:49 pm »
I am trying to increase the readability of this document. I would appreciate any questions about what doesn't make sense.

https://github.com/BumblebeeBat/FlyingFox/blob/master/docs/2_types_of_bonds.md
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Outside Work / Re: Great article on Futarchy by Ralph Merkle
« Last post by zack on June 08, 2016, 03:06:33 pm »
This is an interesting idea. I will summarize.

Futarchy is often criticized because it depends on a metric like GDP that is optimized for. The people who calculate what the GDP is have a lot of power in such a system.

This paper introduces a new metric as an alternative to GDP: each citizen chooses a number between 0 and 1, and we take the average.
If the citizen is completely unsatisfied with the previous year, they choose 0. If they are completely satisfied, they choose 1.

My worry with such a system is that counting votes is an unsolved problem. There are 300,000,000 Americans.
Every system I have examined for collecting one vote per citizen has flaws in it to make cheating possible.
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