Quote from: sidhujag on November 11, 2017, 02:21:27 AM

Quote from: funsponge on November 10, 2017, 06:56:26 PM

Quote from: Negcreep on November 10, 2017, 12:46:48 PM

http://peg.syscoin.org/

Syscoin also has price pegging ready to go.

You mean the 'price tracker' they have named as a peg to try and defuse Bitbays real Peg.

Syscoins is a price tracker which Bitbay have had 16 months . .

Yup ive completely removed any dependence of any tracking or rates information from the core and made it a UI problem like it should have been. Bays price peg is really innovative but in my mind ruins fungibility which core component of a currency. My idea is to simulate the bond market used in todays monetary policy toolbox to create the incentives for stability. The longer term bonds will pay out more but at any time you can still move your coins they are not locked so you retain fungibility of coins whilst still enjoying roi on balances at the same time as providing the security of the service layer that masternodes give above the pow chain. Truthcoin paul made a nice paper why pow is cheaper than anything else but came to a realization that a pow chain acting as an adjucator to a bonded validation(pos) system providing service is probably the best form of blockchain we can evolve to today. Spectre is also an interesting approach I am persuing which is dag but has many other problems. By providing roi and using a quorum of validators to validate services we can do some cool fucking things that were never possible before in a scalable way.

Anyways zero knowledge auth is something sys has that was overlooked here.. its not something that any other coin has its a design decision and development around that design to create a user centric service layer where you can imagine you will login trustlessly to a web portal without even needing ssl and auth transactions and have visibility of ownership of services of those identities logged in. The work in the microsoft DIF partnership is being leveraged into our distinct user identity solution which will provide zero knowledge attestations of user characteristics aswell as following the DID spec to standardize how onchain identity should look like. Anyways I guess the world will just have to see. I have this vision and im acting it out for a few years.. its been a long haul just like davids work but im fairly close now to having all the pieces fit together like a puzzle.

My next big puzzle is how our next gen (version 2 of our bonded validator with blockchain based bonds as monetary policy using the pow chain as an adjucator) will affect all of our services today. Id like to move them over to our pos services layer if possible but they are very specific and efficient smart contracts that are coded into. For any investor reading. It is a good choice either way bay or sys both have great development teams and much better than these latest ICO scams.

Well said and a nice honest attitude to have. I do like idea of incentivising accumulation and loyalty this should work well.

Bay or sys

Sys or bay

Bay and sys.

There will be no losing selection here, both of these are far and away more useful and more highly developed (most icos have no real development at all only dreams and talk marketing hype to suck in fomo noobs)

There is room for both and 2 quite different and interesting approaches. Also good to know both devs get on rather well and have a good opinion of each other.

Both are stupidly below value if CMC values are anything like real (which they are not anyway). But still the only thing they both lack is awareness.

Strange that both of these are not top 10 projects already.

I am accumulating bay and sys still at a rate of 4 bays to every 1 sys since it is my belief both are worthy of the 1BN + status already.

I think there will be an implosion of the ICO hyped shits soon and everyone will rush to btc or proven alts with REAL development teams who have ALREADY produced work that functions and has a serious number of use cases.

There are not that many of those so if you can locate them first you SHOULD do very nicely. Nobody can see the future.