Bitland Castradals Bitshares

This Project is one of the bravest efforts in this Decentralization Era.
Bitland is a company found from an award winning idea in Jan this year of 2016.

Bitland is going to bring power back to the people of Ghana in Central Africa

VIS IN NUMERIS

By implementing a secure, decentralized network built on a pretty awesome encrypted, low running cost platform called a Blockchain.
A blockchain consists of a chain of blocks in time and whatever gets recorded into that block of time, (say for example 9minutes) would be distributed digitally onto a ledger and stored securely.

Bitshares 2.0 OpenLedger by Cryptonomex on Graphene is such a platform

Forbes just ran an article on Bitland's efforts to register the people of Ghana's Land Titles on this Blockchain so that no corrupt government or political figure could tamper with it.
This effort will give the people of Ghana true ownership of their Geographical Land Titles.  They themselves will be able to put their own land up for sale on a double blind bidding system (corruption proof)
http://www.forbes.com/sites/rogeraitken/2016/04/05/bitlands-african-blockchain-initiative-putting-land-on-the-ledger/#34b0d79b1029

join us and Decentralize Everything
https://bitshares.openledger.info?r=coindup-hasho

Buy Castradals (UIA) by sending openBTC to OpenLedger account name ccdek-escrow.
currently going for 10K satoshi per Castradal ($0.04)

Sharebits Social Crypto Tipping Platform

SHAREBITS
Another Innovation from Bitshares Openledger on Graphene by Crytonomex
Great Social Tool (Tipping Included)
Reddit
The syntax for calling the bot in reddit is
+/u/sharebits 100 BROWNIE.PTS
Here, +/u/sharebits - calls upon the bot and the amount followed by the asset name or BTS will tip the user either the asset or BTS.
Eg : +/u/sharebits this is awesome have 1842 BTS will tip the user 1842 bitshares.
Twitter
The syntax for calling the bot in twitter is
@username #sharebits 100 bts
Here, @username defines the person to whom the tip is sent, the # calls upon the bot, and the amount and coin name defines the quantity and coin to be sent.
Eg : @UnitedNations Here’s 100 BTS from #sharebits for better governance
Forum Tipping
The syntax for callnig the bot in the bitshares forum is

sharebits “username” 100 BTS

The # calls upon the bot, the username in inverted comma’s defines the user name, which can be followed by the amount of the coin
Eg :#sharebits “freebieservers” Here’s 1500 BTS for coffee
Close
So you can basically load any of your ‘small change’ (assets that you are not using) onto the sharebits platform direct via openledger like this

Written with StackEdit.

BTSR BitTeaser Blockchain Based Advertising

BitTeaser buyback day today
So far not much action going on...15:10 March 11, 2016
I am shooting for 34.50 BTS for buy back price tonight

Permissions

"In BitShares, each account is separated into
Active Permission: control over its funds and
Owner Permission: control over the account.

Both can be defined in the Permissions tab of your account using so called authorities (see below) together with a so called threshold that has to be exceeded in order for a transaction to be valid.
Authorities

In BitShares an authority consists of one or many entities that authorize an action, such as transfers or trades.

An authority consists of one or several pairs of an account name with a weight.

In order to obtain a valid transaction, the sum of the weights from signing the parties has to exceed the threshold as defined in the permissions.
Examples

Let’s discuss some examples to shed some light on the used terminology and the use-cases. We assume that a new account is created with it’s active permissions set as described below. Note that the same scheme also works for the owner permissions!
(Flat) Multi-Signature

A flat multi-signature scheme is composed of M entities of which N entities must sign in order for the transaction to be valid. Now, in BitShares, we have weights and athreshold instead of M and N. Still we can achieve the very same thing with even more flexibility as we will see now.

Let’s assume, Alice, Bob, Charlie and Dennis have common funds. We want to be able to construct a valid transaction if only two of those agree. Hence a 2-of-4 (N-of-M) scheme can look as follows:
AccountWeightAlice 33%
Bob 33%
Charlie 33%
Dennis 33%
---------- ------
Threshold: 51%


All four participants have a weight of 33% but the threshold is set to 51%. Hence only two out of the four need to agree to validate the transaction.

Alternatively, to construct a 3-of-4 scheme, we can either decrease the weights to 17 or increase the threshold to 99%.
(Flat) Flexible Multi-Signature

With the threshold and weights, we now have more flexibility over our funds, or more precisely, we have more control. For instance, we can have separate weights for different people. Let’s assume Alice wants to secure here funds against theft by a multi-signature scheme but she does not want to hand over too much control to her friends. Hence, we create an authority similar to:
AccountWeightAlice 49%
Bob 25%
Charlie 25%
Dennis 10%
---------- ------
Threshold: 51%


Now the funds can either be accessed by Alice and a single friend or by all three friends together.
Multi-Hierarchical Flexible Multi-Signature

Let’s take a look at a simple multi-hierarchical corporate account setup. We are looking at a company that has a Chief of Financial Officer (CFO) and a some departments working for him, such as the Treasurer, Controller, Tax Manager, Accounting, etc. The company also has a CEO that wants to have spending privileges. Hence we construct an authority for the funds according to:
AccountWeightCEO.COMPANY 51%
CFO.COMPANY 51%
---------- ------
Threshold: 51%


whereas CEO.COMPANY and CFO.COMPANY have their own authorities. For instance, the CFO.COMPANY account could look like:
CFO.COMPANYWeightChief.COMPANY 51%
Treasurer.COMPANY 33%
Controller.COMPANY 33%
Tax Manager.COMPANY 10%
Accounting.COMPANY 10%
------------------- ------
Threshold: 51%


This scheme allows:
the CEO to spend funds
the Chief of Finance Officer to spend funds
Treasurer together with Controller to spend funds
Controller or Treasurer together with the Tax Manager and Accounting to spend funds.

Hence, a try of arbitrary depth can be spanned in order to construct a flexible authority to reflect mostly any business use-case."