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Offline ripplexiaoshan

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BitAsset market is going into chaos
« on: November 13, 2014, 04:34:56 AM »

Some user issued assets includes bitEUR, bitUSD, bitCNY...  these might bring confusion to new users and eventually bring chaos or possible fraud...  So far, more than 50 new assets are created after the update.

I think there needs some rules for user issued assets, at least bitUSD can not be issued by users, because the USD in BTS market was originally called bitUSD...
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Offline fluxer555

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Re: BitAsset market is going into chaos
« Reply #1 on: November 13, 2014, 04:47:04 AM »
Yes, clearly overlooked... should be an easy fix, though.
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Offline eagleeye

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Re: BitAsset market is going into chaos
« Reply #2 on: November 13, 2014, 06:30:41 AM »
bump

Offline xeroc

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Re: BitAsset market is going into chaos
« Reply #3 on: November 13, 2014, 07:11:18 AM »
It would be sufficient to priorize the markets by volume .. when listing them to the user
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Offline alt

Re: BitAsset market is going into chaos
« Reply #4 on: November 13, 2014, 07:38:18 AM »
I think market maintain fees can resolve this issue
without maintain fees, market between these asset will never active.
https://bitsharestalk.org/index.php?topic=11316.msg149118#msg149118

Offline liondani

Re: BitAsset market is going into chaos
« Reply #5 on: November 13, 2014, 08:09:59 AM »
It would be sufficient to priorize the markets by volume .. when listing them to the user
very good and simple idea ...
I add to that that it should be obvious to recognize  the difference between user assets and hard implemented assets with a graphic next to the asset that clearly "speaks " what to expect... 

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Offline ripplexiaoshan

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Re: BitAsset market is going into chaos
« Reply #6 on: November 13, 2014, 09:25:07 PM »
It would be sufficient to priorize the markets by volume .. when listing them to the user
very good and simple idea ...
I add to that that it should be obvious to recognize  the difference between user assets and hard implemented assets with a graphic next to the asset that clearly "speaks " what to expect... 

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Probably this is not enough, if someone send you 1000 bitUSD, it's difficult to tell whether this bitUSD is the pegged USD or just user issued asset, especially to new users who are not familiar with all those stuff.
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Offline questionsquestions

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Re: BitAsset market is going into chaos
« Reply #7 on: November 13, 2014, 09:38:31 PM »
Probably this is not enough, if someone send you 1000 bitUSD, it's difficult to tell whether this bitUSD is the pegged USD or just user issued asset, especially to new users who are not familiar with all those stuff.

Agreed. There should be no ambiguity. Perhaps some mechanism/flag to distinguish between 'user' created assets and 'system' created assets. I realize bitUSD, bitGLD etc are ostensibly user created, but they were done by the development staff at/near Bitshares(x) inception. Perhaps some consensus marker similar to voting for a delegate to ensure the duplicate/nonsensical and just pointless assets never get viewed unless you explicitly go looking for/ask bitshares to show them. And of course, all the spam assets that will be created to pray on those not paying attention "BittUSD", "BtUSD" "BittUSD" etc...horrible.

Besides, all these extra 'assets' make an awful mess. The average user will want to have all the 'noise' pre-filtered and only left with the unambiguous 'authentic original' assets.

Offline bytemaster

Re: BitAsset market is going into chaos
« Reply #8 on: November 13, 2014, 09:42:48 PM »
Symbols starting with bit will be banned and all upper case will be enforced.
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Offline Ander

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Re: BitAsset market is going into chaos
« Reply #9 on: November 13, 2014, 09:44:41 PM »
Symbols starting with bit will be banned and all upper case will be enforced.
   
Good.  No BlTUSD's with a lowercase L instead of an I. :P
(Because you just know a scammer would do that).

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Offline fluxer555

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Re: BitAsset market is going into chaos
« Reply #10 on: November 13, 2014, 10:31:11 PM »
Symbols starting with bit will be banned and all upper case will be enforced.
   
Good.  No BlTUSD's with a lowercase L instead of an I. :P
(Because you just know a scammer would do that).

They will now be BLTUSD... one token is redeemable for 1 USD worth of a BLT sandwich.
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Offline bytemaster

Re: BitAsset market is going into chaos
« Reply #11 on: November 13, 2014, 10:34:33 PM »
Symbols starting with bit will be banned and all upper case will be enforced.
   
Good.  No BlTUSD's with a lowercase L instead of an I. :P
(Because you just know a scammer would do that).

They will now be BLTUSD... one token is redeemable for 1 USD worth of a BLT sandwich.

The GUI will COLOR CODE bit assets.
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Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline joele

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Re: BitAsset market is going into chaos
« Reply #12 on: November 14, 2014, 06:56:45 AM »
Symbols starting with bit will be banned and all upper case will be enforced.
Too late for this notice, the code should prevent all these.

Suggestion:
Add suffix * on every user issued asset symbols.
« Last Edit: November 14, 2014, 07:08:29 AM by joele »

Offline cn-members

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Re: BitAsset market is going into chaos
« Reply #13 on: November 14, 2014, 06:58:22 AM »
Symbols starting with bit will be banned and all upper case will be enforced.

somebody already registered BITUSD ....

How to deal with that ? hard fork ?
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Offline abit

Re: BitAsset market is going into chaos
« Reply #14 on: November 14, 2014, 08:43:36 AM »
Interesting.
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