Is there a roadmap/desiderata for future Burstcoin development?
-
@Marc said in Is there a roadmap/desiderata for future Burstcoin development?:
Just my 2 Burst..
The be and end all is the Developer Team - and how to fund it.
Competition amongst different Altcoins is HUGE, and ask yourself the question, where will Burstcoin be in 12 months, "longterm", and mind you I have spent a year in hours of my life discussing and thinking about what longterm really means.. if there is few/None/or low Devs. Right, Burstcoin will turn into a shitcoin with Traders/golddiggers left!
So the current Situation is that the Dev Team has to step up their game - as Burst offers various possibilities making it ahead of other coins - for now - and theoretically, but not realized yet.
Which lead us to the question how These guys are paid. For a Pro Coin you cannot rely forever on a handful of guys and doing their work for free. Its great and aprreciated work, but what if core developers turn away from the coin, get ill, die whatever ? Whos gonna step in - for free ?
For now, currently they rely on getting paid by Setting up their pools, issuing assets and the likes and/or selling the coins they have mined. New Devs wont be attracted to that as they dont have the opportunity to get their share by selling what they allready have mined.
On a side note, I see Major Players leaving or slowly trying getting out, mind you.
Crow (who was super good friend with the phat phuck not so Long ago..) , now have a look at what he does.: Its NOT Setting up new Petabyte Miners for Burst, but using his Burst to buy GPU miners mining whatever but not Burst. Running his assets paying out Burst, but converting them into Eth whatever. Another Qura Desaster on the way ?
Surely not, because he is issuing a YT Video every two months Smoking his pipe showing how great his Investments and efforts are (this if you can identify anything from a 100% black Screen you see, but there IS scrambled Audio, mumbling and all that, I`ll tell ya)
His another super good friend 402 Vlad the Implarer without a Name now converting his Burst asset to .. whatever currency dunno, forcing his Investors to Switch/leave or take the loss.
The main marketeer of the coin currently is a con man, former NN, involved in some very suspicious things including a Trial for murder couple of years ago. Main Players of the coin seem to have no Problem with that.
Now - ask yourself the question - is this professonally run or not ? Good enough to put your Money "longterm" into - or just for the quick buck like all others seem to do?
I have no solution for the question stated above, how to get Devs "Long" term connected to the coin and finding a way to paying them what they truly deserve.
Quick Ideas is to set up a fund where every asset owner pays a certain %Age into that, a more radical idea is
to Change the Transaction fees in a way that say 25% more or less of all fees goes not to the block owner but to dedicated Dev Team. But what do I know.
Not sure why you're even here with such a negative outlook? You've been here 3 weeks ...yet seem to know everything. Granted there's been some messed up crap lately but do you even know who all the developers are? Or what has been done to get to this point?
-
I'd appreciate it if we could keep this thread free of bickering, and focused on ideas which have the potential to improve Burst's reach.
Having just set up a wallet, one thing which comes to mind is a service which doesn't require the user to provide their password or have a local up-to-date copy of the block chain database. I.e., something which would take locally generated transactions, and publish them to the block chain via a server. Does the burst protocol allow for that?
-
@coventry said in Is there a roadmap/desiderata for future Burstcoin development?:
which comes to mind is a service which doesn't require the user to provide their password or have a local up-to-date copy of the block chain database. I.e., something which would take locally
Locally generated or any transactions are based on the passphrase which utilizes a BURST Id. If you know the burst ID you can get all the transactions without the need for a passphrase. Is that what you are looking for? You still need an up to date copy of the block chain, either locally or remotely.
-IceBurst
-
@IceBurst What I would like to be able to do is create a transaction saying "send x burst to account y", sign it locally using my password, then send that signed transaction to a service with an up-to-date blockchain, for publication to the network. That way, I keep my password private, but don't need to download the blockchain to get started.
The drawback to using something like Burst team's wallet is that I need to type my password into it, and hence trust that Burst team isn't recording it. If I could just send a signed transaction, that would be much more secure.
-
@coventry said in Is there a roadmap/desiderata for future Burstcoin development?:
@IceBurst What I would like to be able to do is create a transaction saying "send x burst to account y", sign it locally using my password, then send that signed transaction to a service with an up-to-date blockchain, for publication to the network. That way, I keep my password private, but don't need to download the blockchain to get started.
The drawback to using something like Burst team's wallet is that I need to type my password into it, and hence trust that Burst team isn't recording it. If I could just send a signed transaction, that would be much more secure.
This is an interesting concept, it's very likened to using a private key to encode a message to the block chain that would hold a public key to decode and process it. Burst does not have such a feature. You are correct your current choices today are one of the two.
- Maintain a local up to date copy of the blockchain so you can use the passphrase with a localized copy
- Use an online service and make the assumption they are not "stealing/storing" your passphrase.
I guess the answer is how much do you value/trust a remote site?
-IceBurst
-
@IceBurst said in Is there a roadmap/desiderata for future Burstcoin development?:
I guess the answer is how much do you value/trust a remote site?
How much I trust it is maybe not the issue. The question is how much of a barrier to adoption this is / has been for people. To me, it seems like it would be an absolute deal breaker for most people, but I could be wrong.
-
@burst1
"You've been here 3 weeks ...yet seem to know everything"Thanks a lot for your Input. Youre right when stating that I have set up my username at this Forum about 3 weeks ago. I started with this whole Internet sheet when Compuserve and AOL was considered the next BIG Thing and 56K US Robotics were selling for 250$ a piece lol.
But then again, I know that I know nothing.
If if was Socrates or Plato first defining this Statement..
I dont know.
-
@Marc it was my good friend Socrates ;-) 300Baud my first modem...
-
@coventry @IceBurst this is actually doable and i got some ideas (half of it due to something i read on NXT developements :D ) or will be doable when you guys finish next client ;) Now mind, havent tested it still but a concept in my head. Also i am uncertain of how slick the signing application can be made.
The principle is simple on maintained wallet user makes transaction with his public key (been sometime so you might not even need public key) and gets a hash (string of symbols) that he transfers to device without internet connection with signing applincation (for simplicity say wallet) where he signs the transaction and in turn gets another hash that he transfers back to maintained wallet.
The proccess sounds a bit complicated and tedious but if one desires security you got to make sacrifices :)
Thats assuming i understood what you guys were talking :)
-
I love what was said above about gamifying mining. To me one thing is extremely important : making everything as easy and dead-simple as they possibly can be, and presented in a clever, beautiful and simple way from a design point of view.
Most normal people are not coders, traders or tech savy for that matter, and don't care about advanced informations and features, they just want to make money and if they can have fun while doing so then it's a no brainer ! :)
Key word : simple :)

