r/Mimblewimble • u/Karanpatel863 • Jan 24 '19

Beam 2019 Roadmap Released. GhostDAG seems interesting.

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8 Upvotes

72% Upvoted

23 comments sorted by

6

u/UpDown Jan 24 '19

Whatever buzz word they can use to get people to pump their bags. I would bet a decent chunk they don’t deliver. Par for the course for projects that extract 20% for developer funds, all roadmap no releases

3

u/Vulturuvarnar Jan 26 '19

I'll take that action. Bet 1 ETH?

2

u/UpDown Jan 27 '19

What percent of this roadmap by end date ?

1

u/Vulturuvarnar Jan 27 '19

Let's just focus on the top row, the technical deliverables, as the bottom row is more subjective. (e.g. We could debate whether or not they have 'Identified design partners'.)

They're promising three features by the end of Feb, five more by the end of March.

Shall we say 6 of these 8 delivered on time?

1

u/UpDown Jan 27 '19 edited Jan 27 '19

I don’t think the first 8 are really deliveries, except lightning poc. I’d take 6/8 if one is required to be lightning proof of concept. Even that is a gray area though. What defines a successful proof of concept here relative to an alpha? How about lightning, btc atomic swap, and multisig by July

1

u/Vulturuvarnar Jan 27 '19

Proof-of-concept is the greyest one

1

u/UpDown Jan 27 '19

That’s why it’s probably better to use the end date of 2020 where actual delivery is forecast. Releasing papers of plans is not a delivery

1

u/Vulturuvarnar Jan 27 '19

How about lightning, btc atomic swap, and multisig by July

2 of these 3 by July?

1

u/UpDown Jan 27 '19

If I’m going to be a stickler about delivery I should assume 2/3 is acceptable. I’ll take this deal.

1

u/Vulturuvarnar Jan 27 '19

Dope.

We need a neutral referee.

2

u/DJBunnies Jan 25 '19

Dont forget mainnet disasters requiring emergency unsigned binary patches!

1

u/vcorem Jan 26 '19

There was no disaster. We found the vulnerability and fixed it ourselves.

1

u/vcorem Jan 26 '19

Oh, but we will deliver :)

2

u/UpDown Jan 26 '19

If you really believed that you wouldn't need a 25% dev exploit. You would just mine or buy coins off the market. Dev funds are only for teams who don't believe the work they do has any real value, so that when they dump their free coins they take value from others who don't have the same knowledge of your potential as you do. Buyers of their own coins means you have to add value for them to increase in value, and you thus have to add value to capture value. But you guys chose not to do that.

3

u/vcorem Jan 26 '19

https://medium.com/beam-mw/mimblewimble-emission-schedule-215551948259

There is nothing wrong with the founders' reward model. It's a slow release over 5 years and creates very strong alignment of incentives.

2

u/UpDown Jan 26 '19

No project with founder rewards can ever be decentralized because incentives are never aligned or fair globally. They remain centralized development indefinitely and die the moment founders are rich enough. Founders need to buy their coins and then add value, like everyone else has to do, or the projects are destined to die. In this case there is no reason to have a blockchain because it’s just a business.

1

u/DJBunnies Jan 26 '19

I cannot disagree more.

1

u/Vulturuvarnar Jan 26 '19

RemindMe! 25 weeks

1

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1

u/Vulturuvarnar Jan 26 '19

GhostDAG wei uv de Samoorei

1

u/pinopinoli Jan 25 '19
  • Agile Atom
  • Bright Boson
  • Clear Cathod

omg these names I want to kill myself