Quote from: brekyrself on March 17, 2015, 05:34:51 AM

http://bytemaster.bitshares.org/article/2015/01/13/Decentralization-of-Nxt-vs-BitShares/

-Can you refute any of the article above?

Yes and I've done so before. Decentralization should be based on number of participants in the system not the percentage of blocks one user produces. The number of allowed forgers in a system should be regulated by market forces and not capped at some arbitrary amount. "Decentralization" means everyone should be allowed to participate without the consent of an authority. I believe this is a better system and less prone to abuse. By adding voting (delegation) to PoS, you are adding a "social contruct" which allows a hierarchical system to develop. As the users of NXT increase so will the decentralization of the network. Bitshares will always be artificially restricted to a certain number of block producers. Dan argues one must restrict forgers because it is too expensive to run a node. That's a preposterous argument.

Read https://bitcointalk.org/index.php?topic=916696.msg10107710#msg10107710, https://bitcointalk.org/index.php?topic=916696.msg10076698#msg10076698 and https://bitcointalk.org/index.php?topic=916696.msg10108654#msg10108654.

Quote from: brekyrself on March 17, 2015, 05:34:51 AM

-I don't follow you on the whole (TM) company comments. Are the dev's not the same as any other project in that they call the shots with community feedback? The meger, from my reading, made complete sense for the whole ecosystem.

Quote from: StanLarimer on January 06, 2015, 04:49:54 AM

Of course. BitShares is a company!

Remember, BitShares is a company, not a currency.

Quote from: StanLarimer on January 07, 2015, 09:19:08 PM

The trademark symbol is not an indication that you are a company, it protects a brand to avoid consumer confusion. One of our biggest independent supporters thought it would be good to protect the name for that reason and paid for the trademark application. He is an independent agent and can do what he pleases. We appreciated his efforts.

You can put on anything; it simply means that you consider it to be a trademark for your product or service. The registered trademark bug ® is used to indicate that your trademark is registered with the government, which gives you a wider range of statutory remedies in case of infringement. You only use the registered bug if you've actually registered the trademark formally, but you can use freely.

...

I recommend they continue to use TM for the above reasons.

Quote from: brekyrself on March 17, 2015, 05:34:51 AM

-You also state the peg's will fail, can you please explain how? Run through an example please.

1 - People realize that "bitAssets" do not have full convertibility and therefore, should not be valued at the same price as the physical asset.
2 - Upon internalizing this fact, they realize Bitshares is based upon the "greater fool theory".
3 - Once the market confidence erodes past a certain point, there will be a catastrophic failure causing a run to the underlying asset (BTS).

Here is an example of a peg failing. If the Bank of England is unsuccessful in enforcing a peg, what makes you think random actors can enforce one? All it takes is one dedicated individual with enough money or a systematic breakdown in confidence across the board.