While a weakly dominantstrategy in second priced auctions is to bid truthfully, second priced auctions are more susceptible to collusionand first priced auctions are more robust to this
what is an example of this?
36 Matching Annotations
- Jun 2017
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numer.ai numer.ai
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The purpose of this auction is to get accurate probability estimates
isn't the ultimate purpose to get high p?
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staking prize pool
how does Numerai determine the prize pool? is it dependent on some valuation of what the solution is worth to Numerai?
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and the accuracy of estimatingpincreases with time
- is this actually true? i'm skeptical - forecasting is its own skill.
- is this a high enough barrier to entry that submission velocity decreases (what is the distribution of entries vs users look like)
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While sucent for scientific discovery, this solution heavily degrades userexperience and rankings in machine learning tournaments
why is that the case?
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holdout se
what is a holdout set?
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status.im status.im
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41% of SNT created during the Contribution Period will be allocated to the Public Contributors who send ETH to the smart contract address.
strange that there's this laddered hidden cap structure, but contributors always get 41% of token - so there's heavy incentive to not participate in an overvalued ICO.
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Therefore 29% of all SNT minted will be held in a multisig and are intended to be slowly offered to future contributors and stakeholders in the network periodically at a later date to foster growth. The Reserve will not be accessed for a minimum of 4 quarters (12 months), and will be re-locked or burned if deemed unnecessary for the growth of the network.
knowing what we know now post-ICO. how did / will this playout?
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The Contribution Period will run for a period of 14 days, or within 24 hours of reaching the first ceiling, of 12M CHF (Swiss Francs) equivalent in ETH, having been reached
why were these figures selected?
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The number of SNT created depends on the amount of contributions received by the smart contract.
what is the significance of uncapped ICOs to the protocol? what happens to the protocol function with more or less supply?
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Since then, Status’ first public alpha was released in January 4th 2017 for Android & iOS. We have been operating on the Ropsten Testnet and our Alpha release has drawn over 6,000 Alpha testers, and another 3,000 are in queue for iOS Testflight
encouraging traction - would be good to have more details on the alpha.
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Shifting the cost-per-action event from user acquisition to a deposit-backed Claim on an Acquisition, giving a Seller “skin in the game”.
don't understand the intention here
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Sticker Market within Status
not clear why this sticker market would live in Status as opposed to live as its own protocol
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opts-in to send curation signals to improve the quality of the DApp Directory listings
what is the economic benefit for stakeholder A to send these costly signals?
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In order to solve this problem, we propose the implementation of the Status Teller Network, a D"pp inside of Status, which provides borderless, peer-to-peer fiat-to-crypto ‘Teller Network’
needs more explanation of how location is secured. presumably can use a system of trust as suggested above. an escrow service would be helpful.
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Should a stakeholder be dissatisfied with the content ranking by their current provider, they can choose between a market of search algorithm providers, keeping algorithm providers honest and removing the monopoly web 2.0 solutions have on the way we consume information
this seems like it could be a very expensive (and time-consuming) service to the user, for something that is free to-date (although out of user control)
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would like to reach out to a high profile figure
is the assumption that there's some type of status network username directory ? would there be a twitter-like service where a user establishes their presence?
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In this model, Status users have to prove they have a minimum economic stake in a token, or set of tokens, in order to qualify as a participant to join the online discussion, thus significantly raising the costs of sockpuppet actors.
natural use case given the nature of many of these token projects.
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wishes to register the username @david
could this username registration section have been first before the push notifications
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Should a stakeholder wish to leave the network they can withdraw their tokens and the username will be unreserved and claimable by any other stakeholder
the ability to opt-out is a nice selling point
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wants to receive Push Notifications
push notifications is not in itself a use case unless we know what is triggering the notification
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Status implements an application protocol for message re-delivery, so as soon as both parties are online in the network, messages are exchanged and history is updated. Technical details of the implementation can be found
lack of reliability and consistency seems like a big miss for many notification use cases.
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The end result is that we give the User a choice
would have led with this
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We recognize that in a model where the User is no longer the Product, paying for push notifications may initially seem like a hurdle, as Users in existing platforms currently get this ‘for free’
good insight - perhaps viable for the right notification - although it depends on how expensive the notification service and the underlying notification triggers will be
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adhering to our guiding principles of fair and permissionless access, decentralization and trustlessness
these principles were unclear from before - and why these principles are advantageous for this use case.
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The trend towards messaging-as-a-platform epitomized by WeChat has not yet reached most of the West or the developing world
why should it? and if it does, what will the platform look like? would it look exactly like WeChat?
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Amongst the growing populations with access to smartphones and mobile internet, messengers have become the primary means of digital communication, and are poised to surface as the new gatekeepers to economic trade
not a lot of insight here as to why this will be the case.
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- without compromising on decentralization
why?
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Ethereum is ultimately a social technology
I think this is probably true, but the case could be more clear.
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Just as Facebook shifted our social attention to build network effects on its closed platform, the Status Network Token will leverage our economic attention to build the network effect of an open platform. We believe that cryptoeconomic systems will have even stronger pull than the social ones. Our survival instincts, which heavily influence our economic interests, are stronger than purely social ones, thus leading to faster adoption of Ethereum and tokens as technologies
why and how?
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The owner can instead use the data collected on users to do the inverse and intentionally elicit consumer behaviours or sway public opinion.
would have led with this argument. this is a more pressing point.. although it's unclear if a wide range of users care and, if they do, under what conditions.
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Their goal has historically been to create a walled garden around a user base and extract value from it. They rely on algorithms to keep the user engaged with the platform, but do not necessarily operate with the interest of the user in mind. The Owner’s priority is value extraction from the user, followed by user retention.
naive strawman read on strategy and business model
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Social networks today consist of three parties: the owner, the advertiser, and the user.
This is only true for ad-supported social networks..
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During the operation of this business we were uniquely positioned to see firsthand how personal data on the internet is bought and sold and how users are acquired and retained
more direct value proposition - some assurance that this is an experienced team - although the domain is adjacent.
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Prevalent on the internet today are social bots
why start off with this problem? is this high-on-the-list for user-facing problems?
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Status is an open source messaging platform and mobile interface
status, messaging platform, and mobile interface - sound like three different things
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