Refactoring and adding content

.gitignore

@@ -1,6 +1,9 @@
-*.aux
-*.log
+.swp
 .*.swp
 *.toc
+*.aux
+*.bbl
+*.blg
+*.log
+*.out
 *.pdf
-.swp

Makefile

@@ -0,0 +1,7 @@
+all:
+	@pdflatex bitshares-consensus.tex
+	@pdflatex bitshares-financial-platform.tex
+	@pdflatex bitshares-general.tex
+	@pdflatex bitshares-growth.tex
+	@pdflatex bitshares-structure.tex
+	@pdflatex bitshares.tex

bitshares-consensus.tex

@@ -0,0 +1,26 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+
+\title{BitShares 2.0: Distributed Consensus}
+\author{}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+\end{abstract}
+
+\section{Overview}
+\section    { Introduction                                   } \input { content/cons          } 
+\section    { Delegated Proof-of-Stake (DPOS)                } \input { content/cons-dpos     } 
+\section    { Transactions as Proof-of-Stake (TaPOS)         } \input { content/cons-tapos    } 
+\section    { Distinction from Traditional Consensus Schemes } \input { content/cons-comp     } 
+\section    { Attack Vectors                                 } \input { content/cons-att      } 
+\section    { Conclusion                                     } \input { content/cons-conc     } 
+\section*   { Litarture                                      }
+\end{document}

bitshares-financial-platform.tex

@@ -0,0 +1,116 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+\usepackage[hyphens]{url}
+
+\usepackage{url}
+\usepackage{breakurl} 
+\usepackage[breaklinks]{hyperref}
+
+\title{BitShares 2.0: Financial Smart Contract Platform}
+\author{
+ \IEEEauthorblockN{Fabian~Schuh\IEEEauthorrefmark{1}}
+ \IEEEauthorblockA{BitShares Europe, BitShares.eu\\
+                   Erlangen, Germany\\
+                   Email: \texttt{[email protected]}}
+ \and
+ \IEEEauthorblockN{Daniel~Larimer\IEEEauthorrefmark{2}}
+ \IEEEauthorblockA{Cryptonomex, Cryptonomex.com\\
+                   Blacksburg (VA), USA\\
+                   Email: \texttt{[email protected]}}%
+ \thanks{This work was supported by Cryptonomex.}
+}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+ Every since Satoshi Nakamoto released his whitepaper and corresponding
+ software for bitcoin, the cryptocurrency ecosystem grew rapidly. Bitcoin
+ created an ecosystem which everybody could use to \emph{transfer} value
+ without unnecessary middlemen, banks or counterparty risk. Having the
+ blockchain technology established and proven stable, the question arose
+ whether this technology could be leveraged to also enable \emph{trading} of
+ multiple assets without the need for a broker or central entity (exchange).
+ Several so called bitcoin 2.0 projects (among which are BitShares 1.0, NXT,
+ Counterparty)\footnote{At the time of writing, the promising Ethereum project
+ has not launched a DEX, yet.} showed the feasibility of a ``decentral
+ exchange'' (DEX). The aim of BitShares 2.0 is to innovate the term ``decentral
+ exchange'' and not only provide trading of assets but additionally offer
+ classical financial instruments on the blockchain. With price stable digital
+ tokens such as bitUSD, a whole new set of financial contracts are now directly
+ available through the decentral exchange.
+\end{abstract}
+\section       { Introduction                                    } \input { content/fp                     } 
+
+\section       { Market Pegged Assets (MPA)                      } \input { content/fp-mpa                 } 
+\subsection    { Price Stability                                 } \input { content/fp-mpa-stab            } 
+\subsubsection { Definition of Price Stability                   } \input { content/fp-mpa-stab-def        }
+\subsubsection { It needs a Price Floor                          } \input { content/fp-mpa-stab-floor      }
+\subsubsection { Price Feeds                                     } \input { content/fp-mpa-stab-feed       }
+\subsection    { The Shorter                                     } \input { content/fp-mpa-short           } 
+\subsection    { The Long (BitUSD holder)                        } \input { content/fp-mpa-long            } 
+\subsection    { The BTS Buyer                                   } \input { content/fp-mpa-buyer           } 
+\subsection    { The Merchant                                    } \input { content/fp-mpa-merchant        } 
+\subsection    { The Customer                                    } \input { content/fp-mpa-costumer        } 
+\subsection    { Price Manipulation                              } \input { content/fp-mpa-manipulation    } 
+\subsection    { Black Swans - Extreme Market Conditions         } \input { content/fp-mpa-blackswan       } 
+\subsection    { Privatized SmartCoins                           } \input { content/fp-mpa-privatized      } 
+\subsection    { Risks                                           } \input { content/fp-mpa-risk            } 
+\subsubsection { Collateral Risk                                 } \input { content/fp-mpa-risk-coll       } 
+\subsubsection { Counterparty Risk                               } \input { content/fp-mpa-risk-counter    } 
+\subsubsection { Systemic Risk                                   } \input { content/fp-mpa-risk-system     } 
+
+\section       { User-Issued Assets (UIA)                        } \input { content/fp-uia                 } 
+\subsection    { Deposit Receipts                                } \input { content/fp-uia-rights          } 
+\subsubsection { Know Your Customer                              } \input { content/fp-uia-rights-kyc      } 
+\subsubsection { Asset Seizing                                   } \input { content/fp-uia-rights-seize    } 
+\subsubsection { Market Restriction                              } \input { content/fp-uia-rights-market   } 
+\subsubsection { Transfer Restrictions                           } \input { content/fp-uia-rights-tx       } 
+\subsection    { Use-cases                                       } \input { content/fp-uia-uc              } 
+\subsubsection { Company Shares                                  } \input { content/fp-uia-uc-stock        } 
+\subsubsection { Event Tickets                                   } \input { content/fp-uia-uc-ticket       } 
+\subsubsection { Rewards Points                                  } \input { content/fp-uia-uc-points       } 
+\subsubsection { Individual or Corporate Debt                    } \input { content/fp-uia-uc-dept         } 
+\subsubsection { Crowd Funding                                   } \input { content/fp-uia-uc-crowdfunding } 
+\subsubsection { Digital Property                                } \input { content/fp-uia-uc-property     } 
+\subsubsection { Privatized SmartCoins (Stable Cryptocurrencies) } \input { content/fp-uia-uc-privatized   } 
+\subsubsection { Information/Prediction Markets                  } \input { content/fp-uia-uc-pm           } 
+\subsection    { How to Profit by Issuing an Asset               } \input { content/fp-uia-profit          } 
+\subsubsection { Fee Pools                                       } \input { content/fp-uia-profit-feepool  } 
+
+\section       { Decentralized Exchange                          } \input { content/fp-dex                 } 
+\subsection    { Core Selling Points                             } 
+\subsubsection { Global Unified Order Book                       } \input { content/fp-dex-globalbook      } 
+\subsubsection { No Limits                                       } \input { content/fp-dex-limits          } 
+\subsubsection { Decentralized                                   } \input { content/fp-dex-decentral       } 
+\subsubsection { Secure                                          } \input { content/fp-dex-secure          } 
+\subsubsection { Fast, but not *too* fast                        } \input { content/fp-dex-fast            } 
+\subsubsection { Trade Almost Anything                           } \input { content/fp-dex-anything        } 
+\subsubsection { Separation of Powers                            } \input { content/fp-dex-powers          } 
+\subsubsection { Decentralization of Privacy                     } \input { content/fp-dex-privacy         } 
+\subsection    { Order Matching                                  } \input { content/fp-dex-ordermatching   } 
+\subsection    { Collateralized Blockchain IOUs                  } \input { content/fp-dex-collateral      } 
+\subsection    { 3rd Party Services and Business Opportunities   } \input { content/fp-dex-roles           } 
+\subsubsection { BitFIAT to FIAT Gateways                        } \input { content/fp-dex-gateway         } 
+
+\section       { Collateralized Bond Market                      } \input { content/fp-bond                } 
+\subsection    { Avoiding Margin Calls                           } \input { content/fp-bond-margin         } 
+\subsection    { Proposing and Creating a Bond                   } \input { content/fp-bond-create         } 
+\subsection    { Bond Parameters                                 } \input { content/fp-bond-parameters     } 
+\subsection    { Closing a Bond                                  } \input { content/fp-bond-close          } 
+\subsection    { Interest on MPA                                 } \input { content/fp-bond-market         } 
+
+\section       { Conclusion                                      } \input { content/fp-conc                } 
+\bibliographystyle{IEEEtran}
+\bibliography{literature}
+\end{document}
+
+%% TODO:
+% - review all occurrences of ``delegate''
+%
+%

bitshares-general.tex

@@ -0,0 +1,30 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+
+\title{BitShares 2.0: General Documentation}
+\author{}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+\end{abstract}
+
+\section{Overview}
+\section    { Introduction   } \input { content/bts      } 
+\section    { Accounts       } \input { content/bts-acc  } 
+\section    { Operations     } \input { content/bts-ops  } 
+\section    { Transactions   } \input { content/bts-txs  } 
+\section    { Privacy        } \input { content/bts-priv } 
+\section    { Fees           } \input { content/bts-fees } 
+\section    { Specifications } \input { content/spec     } 
+\subsection { Blockchain     } \input { content/spec-bc  } 
+\subsection { Network        } \input { content/spec-net } 
+\section    { Conclusion     } \input { content/bts-conc } 
+\section*   { Litarture      } 
+\end{document}

bitshares-growth.tex

@@ -0,0 +1,25 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+
+\title{BitShares 2.0: Growth Considerations}
+\author{}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+\end{abstract}
+
+\section{Overview}
+\section  { Introduction                           } \input { content/grow      } 
+\section  { Decentralized Development              } \input { content/grow-ded  } 
+\section  { Industrial Performance and Scalability } \input { content/grow-perf } 
+\section  { Referral Rewards Program               } \input { content/grow-ref  } 
+\section  { Conclusion                             } \input { content/grow-conc } 
+\section* { Litarture                              } 
+\end{document}

bitshares-history.tex

@@ -0,0 +1,20 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+
+\title{BitShares: Historical Overview}
+\author{}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+\end{abstract}
+Why does BitShares need an upgrade?
+How will BitShares 2.0 solve the problems with BitShares today?
+Lessons learned
+\end{document}

bitshares-structure.tex

@@ -0,0 +1,27 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+
+\title{BitShares 2.0: Business Structure}
+\author{}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+\end{abstract}
+
+\section{Overview}
+\section  { Introduction                         } \input { content/org           } 
+\section  { The DAC                              } \input { content/org-dac       }
+\section  { Dynamic Account Permissions          } \input { content/org-dynacc    } 
+\section  { Recurring \& Scheduled Payments      } \input { content/org-recurr    } 
+\section  { Stakeholder-Approved Project Funding } \input { content/org-approval  } 
+\section  { Transferable Named Accounts          } \input { content/org-transfacc } 
+\section  { Conclusion                           } \input { content/org-conc      } 
+\section* { Litarture                            } 
+\end{document}

bitshares.tex

@@ -0,0 +1,27 @@
+\documentclass[conference,final,10pt,a4paper]{IEEEtran}
+
+\usepackage[latin1]{inputenc}
+\usepackage{amssymb,amssymb}
+\usepackage{algorithmic}
+
+\title{BitShares 2.0: The Industrial-Grade Financial Smart Contract Platform}
+\author{}
+
+\IEEEoverridecommandlockouts
+\begin{document}
+\sloppy
+\maketitle
+
+\begin{abstract}
+\end{abstract}
+
+\section{Overview}
+\section    { Overview }
+\section    { General Documentation }               % bitshares-general.tex
+\section    { Distributed Consensus }               % bitshares-consensus.tex
+\section    { Financial Smart Contract Platform }   % bitshares-financial-platform.tex
+\section    { Growth Considerations }               % bitshares-growth.tex
+\section    { Business Structure }                  % bitshares-structure.tex
+\section    { Historical Overview }                 % bitshares-history.tex
+\section    { Licensing Model of CNX }              % bitshares-license.tex
+\end{document}

content/fp-bond-close.tex

@@ -0,0 +1,9 @@
+After a bond offer has been accepted, the loan period determines the due date
+of the bond. If the borrower has not paid the bond by this due date, the
+lender may claim the posted collateral. The bond may not be paid before the
+minimum loan period has expired. The amount that must be paid by the borrower
+to fulfill the bond and claim the collateral is determined by the interest rate
+and the time the bond has remained outstanding. Interest accrues on a daily
+basis and does not compound. A bond may also be partially paid any time after
+the minimum loan period; this will return collateral to the borrower based on
+the collateral ratio of the bond.

content/fp-bond-create.tex

@@ -0,0 +1,5 @@
+A bond offer can be proposed by either a borrower or lender, and all open
+offers can be easily searched. A borrower must commit the required collateral
+to a bond offer, whereas a lender must commit borrowable assets. Bond offers
+are not matched automatically with a market engine; instead, the other side of
+any bond contract may be claimed via a transaction that accepts the bond offer.

content/fp-bond-margin.tex

@@ -0,0 +1,6 @@
+To avoid the need for margin calls, the bond market assumes that the collateral
+is always sufficient for paying off the loan, even if its value has fallen
+below the value of the loan. In other words, every bond is the combination of
+a loan and an option to buy the collateral at the payoff price. The lender is
+responsible for ensuring that the interest rate and collateral is sufficient to
+cover the cost of providing the implied option contract.

content/fp-bond-market.tex

@@ -0,0 +1,8 @@
+Not every short seller will be happy with the rules offer by SmartCoins. Some
+may want to borrow for a fixed period of time, with higher leverage, and with
+no risk of being force-settled. BitShares offers these speculators the option
+to borrow BitUSD on the bond market at interest. The bond market allows
+speculators to leverage any asset against any other, while lenders earn
+interest on collateralized loans. A Bond market is the perfect way for the
+market to establish a yield curve on SmartCoins and free both sides of the
+market from dependency on the price feed.

content/fp-bond-parameters.tex

@@ -0,0 +1,5 @@
+A BitShares bond offer defines the \textbf{amount and type of collateral} and
+the \textbf{type of borrowed asset}. A \textbf{ratio} of borrowed asset to
+collateral is specified. A bond offer can be partially filled at this ratio as
+long as it is above a specified minimum. Bonds have a defined \textbf{loan
+period}, \textbf{minimum loan period}, and \textbf{interest rate}.

content/fp-bond.tex

@@ -0,0 +1,9 @@
+The BitShares bond market allows for an interest rate market between any
+combination of assets tradeable on the BitShares blockchain. The bond is a
+\emph{smart contract} between a borrower and a lender. The borrower borrows a
+certain amount of a specified asset from the lender and secures the loan with
+collateral denominated in a different asset type. Bonds are non-fungible and
+each can be considered a separate contract between the two participating
+parties. The borrower may use the contract to profit from an expected change
+in the relative value of the two assets, while the lender enjoys a predictable
+return.

content/fp-conc.tex

@@ -0,0 +1,30 @@
+% DEX
+
+% MPA
+SmartCoins are a powerful tool for everyone from speculators and savers, to
+traders and entrepreneurs. The BitShares platform provides a toolset with which
+innovators can experiment to find optimal currency solutions using free market
+discovery.
+
+BitShares market pegged assets are a viable open source alternative to the
+incumbent banking system. Achieving price parity with a commonly used currency
+facilitates pricing and acceptance by merchants. Additionally it reduces the
+need to calculate capital gains and losses on volatile assets to determine tax
+liability. While certain risks of the system have been outlined, no system is
+without risk. The current banking system allows private funds to be frozen or
+confiscated without consent, such as by court order or administrative actions.
+Banks and financial institutions are susceptible to insolvency. The
+availability and quality of banking service varies greatly throughout the
+world. BitShares brings publically auditable open source banking to anyone with
+access to the internet. Market pegged assets allow savers and spenders to
+choose preferred asset types. This brings flexibility and ease of use to the
+open source banking experience.
+
+%UIA
+
+%Bonds
+The Bitshares bond market allows investors who wish to gain leverage in a
+particular asset to offer competitive interest rates to those willing to commit
+capital for a specified time. The implementation of a bond market on a
+blockchain consensus system efficiently reduces the overhead and counterparty
+risk typically associated with such contracts.

content/fp-dex-anything.tex

@@ -0,0 +1,7 @@
+Trade in Gold, Silver, Gas, and Oil in addition to your national currency and
+cryptocurrencies. Few limits exists on what can be traded on the BitShares
+exchange, given enough interest. The BitShares exchange can support assets
+that can track stocks, bonds, indexes, or inflation. Companies can issue their
+own stock on the BitShares network and allow easy, low-cost trading with
+complete protection against naked shorting. What other cryptocurrency exchange
+allows you to trade in gold and silver?