#cryptonomex

[the-blockchain-news]

Sollywood TV's New Money Project Aims to Disrupt Cable TV Sector Using Blockchain Technology

Sollywood TV’s New Money Project Aims to Disrupt Cable TV Sector Using Blockchain Technology

Solomon Adekale, filmmaker crypto-currency entrepreneur and founder of Sollywood TV and the New Money project, first recognised the Hollywood pricing problem when he was studying in film school:

“Back in film school, I realized the pricing nonsense of Hollywood didn’t actually start at the top, it started at the very bottom with us; student filmmakers. ‘From the very first day we start shelling…

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[bitshares-news]

Subsidizing Market Liquidity

Today Dan Larimer proposed a new feature for BitShares that Cryptonomex will provide to the BitShares Community free of charge if approved.

The idea is to allow any market pair to reward users that provide liquidity in a market. Here’s how it would work ...

Each filled order that has been open for 10 minutes or more earns shares of a reward pool in proportion to the size of the filled order.

Anyone can contribute funds to this reward pool and can be denominated in any asset specified by the issuer.

Once per day at most users can convert their reward pool shares to a pro-rata share of the rewards.

The issuer of the asset can enable this feature for any market the asset is traded in and specify which assets are used to fund the reward pool.

For instance, OpenLedger may choose to give out OBITS to liquidity providers in the OPEN.BTC / BTS market.

Full Article and Discussion

(Image:  David Baron)

[bitshares-news]

Q1 Roadmap for Cryptonomex

Dan Larimer has outlined his roadmap for Cryptonomex’s first Quarter of 2016 and therefore BitShares roadmap as well.

“I would like to let everyone know what I am currently thinking in terms of CNX priorities for Q1 2016.

STEALTH - this project is being funded by a community member and takes highest priority.

MAKER - this will be implemented by me and has no GUI component.

API - this is actively being worked on by Michael and will continue to improve.

SUPPORT - several worker proposals will be created to fund CNX to perform basic support, maintenance, and complete the implementation of existing features.

In the background I will be planning / exploring the MAS concept and attempting to gain traction. This will be the business area I would like to take CNX into as a business built on BitShares.”

- Dan Larimer

Discussion

(Image: Rajesh - Mod: Buck Fankers)

[bitshares-news]

So that’s what we’re doing with Plasma. It’s just a set of technologies designed to break the blockchain down into this low level stuff. It uses a lot of lessons we’ve learned from Graphene, to make it all open. So what does this mean? This means that smart contracts become nothing but JavaScript. They become nothing but JavaScript modules. If you want to build an application that’s a state machine, you just pull in all of the JavaScript modules from other smart contracts and they’ll process the events that are relative and you can build your combined state. Which is the cumulative result of processing all events that are relevant to the set of smart contracts and their dependencies that you’re using.

Dan Larimer of Cryptonomex

[bitshares-news]

Blockchain technology is something that's very expensive to implement today. The goal of Plasma is to reduce the cost of implementing it so that anyone who knows JavaScript can create a fully functional cryptocurrency complete with user interface in one page of code. This is one page of code that can sit on your monitor at one time, it's like a complete cryptocurrency. You can transfer it, you can do everything you can do with Bitcoin, minus the scripting, but transfer from key to key balances. And you can implement all that knowing only Javascript and without knowing any cryptography. That's the goal of Plasma.

Dan Larimer of Cryptonomex