Post
Topic
Board Announcements (Altcoins)
Re: [ANN][GSX] Glowshares: Community Driven Blockchain Development
by
par
on 25/11/2014, 19:04:59 UTC
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Anonymous, decentralized voting on the blockchain makes it easy for the community to form a consensus on important issues regarding the future of GSX. Secure, transparent, tamper-proof, and viewable 24 hours a day. GSX is the only coin that brings together its community with voting on the blockchain. Predefined rules govern and enforce the voting process, putting the coin in the hands of the holders. Internet of Things in the context of a blockchain implies decentralization, rather than connecting devices to a closed source, centralized infrastructure.

Voting in a real world scenario is flawed to the core. Decentralizing it, making it trustless and transparent on the blockchain, fixes those fundamental flaws. Human nature is the weakest link, so we remove it from the equation. Then we take that innovation of voting on the blockchain and actually use it ourselves to further the very project that created it. Vote fraud and lack of transparency is rampant everywhere: business, internet, politics, you name it. I see Glowshares voting as a proof of concept. Our use of it is fairly mundane compared to the possibilities, but that will change once we prove it works.

Quote
The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not "Can this product be built?" Instead, the questions are "Should this product be built?" and "Can we build a sustainable business around this set of products and services?" This experiment is more than just theoretical inquiry; it is a first product. If it is successful, it allows a manager to get started with his or her campaign: enlisting early adopters, adding employees to each further experiment or iteration, and eventually starting to build a product. By the time that product is ready to be distributed widely, it will already have established customers. It will have solved real problems and offer detailed specifications for what needs to be built.

A core component of Lean Startup methodology is the build-measure-learn feedback loop. The first step is figuring out the problem that needs to be solved and then developing a minimum viable product (MVP) to begin the process of learning as quickly as possible. Once the MVP is established, a startup can work on tuning the engine. This will involve measurement and learning and must include actionable metrics that can demonstrate cause and effect question.

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Proof of Stake
Block Time: 1 Minute
Interest Rate: 7% annually
Minimum Coin Age: 8 hours
Block Maturity: 50 blocks


http://i.imgur.com/sftkzia.png

Website: http://www.glowshares.com
Block Explorer: https://chainz.cryptoid.info/gsx/
IRC: https://kiwiirc.com/client/irc.freenode.net/#glowshares
Market Cap: http://coinmarketcap.com/currencies/glowshares/
Reddit: http://www.reddit.com/r/glowshares
Twitter: https://twitter.com/GlowShares
Facebook: https://www.facebook.com/GlowShares
Linkedin: https://www.linkedin.com/groups/GlowShares-GSX-OFFICIAL-GROUP-8201407
Google+: https://plus.google.com/u/0/b/117057632413908213726/117057632413908213726/
Sina Weibo: http://www.weibo.com/u/5363745911
Vkontakte: https://vk.com/glowshares
Cryptrader: https://cryptrader.com/charts/bittrex/gsx/btc
Cryptonator: https://www.cryptonator.com/rates/#GSX


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Windows: https://github.com/GlowShares/glowshares/releases/download/v1.0.0.0/glowshares-win-v1.0.0.0.zip
OSX: https://github.com/GlowShares/glowshares/releases/download/v1.0.0.0/glowshares-osx-v1.0.0.0.dmg
Linux 32-bit: https://github.com/GlowShares/glowshares/releases/download/v1.0.0.0/glowshares-linux32-v1.0.0.0.zip
Linux 64-bit: https://github.com/GlowShares/glowshares/releases/download/v1.0.0.0/glowshares-linux64-v1.0.0.0.zip
Source code: https://github.com/GlowShares/glowshares


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Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-GSX



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I'm in.