Blackwave Labs(黑潮实验室)/Excoin(是币交中心) Delegate Proposal

[btswildpig]

Ok great, now you all can bug them for transparency. I will too but it is all the voters' job

Maybe you can shed some light on the significance of the wraper and major demands for constructing one so those programmers out there would bring more pressure on blackwave .

[toast]

Ok great, now you all can bug them for transparency. I will too but it is all the voters' job

[lzr1900]

Once they make back their initial investment

Seems they have already claim their registration fee back.

[Gentso1]

They said they're working on it and would rather keep coding rather than address complaints. They will push their API wrapper when it is ready.

Every 100% delegate should communicate with the community regularly.rather keep coding than address "complaints" was not an excuse.

 

[lzr1900]

They said they're working on it and would rather keep coding rather than address complaints. They will push their API wrapper when it is ready.

Every 100% delegate should communicate with the community regularly.rather keep coding than address "complaints" was not an excuse.

[toast]

They did, they forgot to use wallet_publish_version though

[lzr1900]

at least they should upgrade their BTS version.
damn.

[toast]

They said they're working on it and would rather keep coding rather than address complaints. They will push their API wrapper when it is ready.

Once they make back their initial investment we can start pushing for more transparency, right now they are still in the red based on me telling them that they would get voted in for writing an API wrapper.

[btswildpig]

I just emailed them pointing to this thread.

 

[toast]

I just emailed them pointing to this thread.

[sumantso]

Time to demand some responses?

@toast - are you in touch?

[lzr1900]

 
I can't find a single word about bitshares on blackwavelabs
Very suspect.

[santaclause102]

How do you prove you are from Blackwave?

Toast vouched.

As the number of delegates grow we would need a proper method of vetting and auditing them, maybe even get a couple of partial delegates for that.

Currently I believe they are working on the wrapper which would take approx. 2 months and they will open source it. After that it depends if they have a plan. If they continue to have a delegate after that at the minimum we would request a *powered by BitShares tag on their website (as Yunbi has agreed to do).

That is a valid general need! 

[Akado]

It's strange that I couldn't even find one single word about BTS on your websites or twitter, not to mention any gratitude about the fund support from BTS community.

How do you prove you are from Blackwave?

I too think you could make some mention of BitShares, you have a paid position within the community, thanks to the community. I see you mention Nubits a few times, I don't have any problem with that but the least Blackwave Labs could do is making some mention of BitShares as apparently it has somewhat of an important role on your project

[sumantso]

How do you prove you are from Blackwave?

Toast vouched.

As the number of delegates grow we would need a proper method of vetting and auditing them, maybe even get a couple of partial delegates for that.

Currently I believe they are working on the wrapper which would take approx. 2 months and they will open source it. After that it depends if they have a plan. If they continue to have a delegate after that at the minimum we would request a *powered by BitShares tag on their website (as Yunbi has agreed to do).

[FBI]

It's strange that I couldn't even find one single word about BTS on your websites or twitter, not to mention any gratitude about the fund support from BTS community.

How do you prove you are from Blackwave?

[Rune]

I'd like some more verification and updates on this as well. I think most of our delegates are not doing enough to update the community on what they are doing.

[gyhy]

这是个骗子吧

[lzr1900]

有没有人核实过他们是否真的是Excoin团队呢？
当选了100受托人后，都已经是快10天没发言过了，这就是100受托人和社区沟通的态度？
原先说好的会在黑潮的官网放关于比特股的文章，但现在就算是比特股这几个字在你们网站都没看见过，严重怀疑这个是假冒的.要不然就是消极怠工.

[abit]

@Excoin missing blocks.. 

[wuyanren]

很好，希望你们能继续努力

[wackou]

I encourage you to have a quick look at the bts_tools that I wrote, which make it easy to monitor and maintain a delegate:

https://github.com/wackou/bts_tools

Documentation is sparse at the moment, but it's just a matter of

Code: [Select]

$ pip install bts_tools

to get it installed, and then the readme on github + the comments in ~/.bts_tools/config.yaml should get you going easily. Better documentation is being prepared, should have it in a couple of days...

[Excoin]

We compiled the wallet on a Ubuntu server and have it running now, we apologize for the missing blocks. We are running into issues now where the client will seg fault regularly so we will be sending the logs and other details to the developers. In the meantime we will get a process manager watching the process to ensure it stays online.

[vegolino]

Congratulation on election 
Welcome to the community Excoin

[abit]

@Excoin your delegate is missing blocks again.

[deer]

@Excoin you think 2000usd per month is such a low payment,right?
Well,I have one question:Since your website is all about nubit and blackcoin and how much do their community pay you??

[matt608]

Congrats on election!

[Excoin]

Thank you for selecting us, there was a delay before we started producing blocks because we had not realized our vote count shot up so fast.

We have already started on the API Warpper. We are designing it as a bridge/abstraction that will allow anyone who currently is able to access the Bitcoin RPC API to easily intergrate BitShares into their platform. We will release start pushing the code to github once we have some basic structure and documentation. We will continue development on github from that point forward.

[lzr1900]

...

[Rune]

Your delegate isn't producing blocks. It might be the account key/block signing key discrepancy

[muse-umum]

。。。

[merlin0113]

congratulations!

[cass]

#101 Blackwave Labs welcome on a paid delegate position

[cass]

 voted^^

[onceuponatime]

An api wrapper is worth the cost. Once that is complete we can re-examine whether the delegate is still worth it, but for now we really should vote these guys in.

All it would take now is for one Dev to vote his bonus!! Come on guys, they are at Standby Delgate 104 with 7.29% and init58 at Delegate 101 has only 7.35%

Any one of you "bonus guys" who hasn't voted for them yet could put them in!!

[ebit]

Evaluation object 1：blackwavelabs（黑潮实验室）------ payrate:100%------score：89分。Worth waiting for。

Evaluation of project：
（1.1）Team members information：60分。解释：官方主页只有笼统介绍，没有具体信息，有比特股社区介绍人cass。

黑潮实验室于2014年8月成立，我们目前雇佣了两个全职的开发人员以及一些兼职的客服人员，翻译者，设计者，和开发人员。

Hi Samantha,welcome on board! Guess you propose a 100% payrate delegate, right!?
Pls add this to your proposal.------cass

（1.2）Team performance：100分。解释：根据提供的以往开发项目，可以判断其开发经验丰富。
（1.3）contact：50分。解释：提供了5种联系方式。但没有：qq、facebook、新浪weibo、手机电话、家庭住址。
（2.1）Community communication：100分。解释：及时有效回复了社区疑问。
（2.2）Ability to communicate：100分。解释：熟练使用中英文及西班牙文。
（2.3）Communication skills：100分。解释：能灵活回复社区疑问。

眼下这个过程很有教育意义，我们已经学习到了更多关于如何运行不同的DACs。我们正在写一篇文章去讲述这个过程的详情，以及加上我们对比特股以及社区的分析到https://blackwavelabs.com 上。

（3.1）The code quality：100分。解释：交易所运行正常；github代码编写认真。
（4.1）Long-term planning：100分。解释：明确为第三方角色，从技术角度实现对比特股的推广应用。

请求一个受托人职位去建造开源的API包装器，还会将比特股的功能加到我们即将开源的账户系统里面（就像第一个帖子描述的那样）。

（4.2）Key projects：100分。解释：API包装器、Vault、Bits。这些类似于打赏系统，但更复杂，应用场景更丰富。

Very good! The fact that you plan to open source the API wrapper has me sold. Voting and promoting.------toast

（4.3）Key projects planning：60分。解释：不是忽悠，有了早期版本。但尚无具体时间表。

In the current system, an independent contract worker would have to take on great risk for a commodity which many of the community will request is not liquidated. If in the rare event they are accepted, they have to wait a full two weeks before breaking even on their initial investment. This is not counting the amount of time necessary to campaign for the position in the first place, if that time is considered it could take a month to recover the costs of obtaining the position in the first place. Which may only last 2-3 months before being voted out by popular vote.

（5.1）Community public praise：100分。解释：有待加深了解。

An api wrapper is worth the cost. Once that is complete we can re-examine whether the delegate is still worth it, but for now we really should vote these guys in.------toast

（5.2）Promise fulfillment situation：100分。解释：有待加深了解。

To again clarify, we plan on creating and releasing the API Wrapper and the other listed projects open source regardless if we are elected as a delegate.

We propose that if the BitShares community offer support for our ongoing mission of promoting all innovative cryptocurrencies and providing high quality open source tools. Selecting our development group as a delegate, the community would allow us to allocate more resources to the listed projects (and other unannounced projects that are in planning) so that they can be completed quicker.

[wuyanren]

Welcome Blackwave Labs on board!

Come on @all, calm down and let us grow together!

Wasn't one of the main concerns about delegates that we can attract third party developers to join our community!?
i see most of points of both sides... but at the end IMO we want all the same... let us get BitShares out to the masses…

I'll vote for you! It just needs time to get elected.
My delegate required more then 2 weeks to get elected by community votes...

@Blackwave: if you'll need anything gfx related pls don't hesitate to contact me anytime. If possible pls PM me your skype id!

cheers
cass

I think, the strength of the people will try to prove their strength, not because of someone else's question on the escape.

[cass]

Welcome Blackwave Labs on board!

Come on @all, calm down and let us grow together!

Wasn't one of the main concerns about delegates that we can attract third party developers to join our community!?
i see most of points of both sides... but at the end IMO we want all the same... let us get BitShares out to the masses…

I'll vote for you! It just needs time to get elected.
My delegate required more then 2 weeks to get elected by community votes...

@Blackwave: if you'll need anything gfx related pls don't hesitate to contact me anytime. If possible pls PM me your skype id!

cheers
cass

[btswildpig]

Hi , I think there's a misunderstanding here .
I'll glad to help you sort it out on behalf of some people from Chinese and English speaking community .
I'm kind of the communication and PR expert around here .

Over all , I think this issue here about poor communication in both parties .

Stay here , I'll help you sort out this thing .

Typing ......

[svk]

I feel you are being very impatient and rash here, but I also agree with a number of your points, and I think you'll find most of the community does too.  I'll try to address some of your points:

I don't make this claim because I wasn't elected, I make this claim because there are a 10 delegates (1 being a test), way too many init* delegates taking up the 101 slots. Less than 778 USD a day is being invested into the human capital of this institution, which is more on the level of a small business. It also appears no one wants to acknowledge that they will have a hard time finding contracters when the system requires them to pay 885 USD (not counting the many hours the campaigning will take) for a chance to run, which most likely given the statistics will fail.

I'm not sure where you're getting this information, but it's not quite correct. There are currently 12 100% delegates (none of which are tests, you may be referring to the one run by the user "testz"?). There are two more 100% delegates that are quite close to being voted in, and they've been around for a while now. There's also 1 delegate at 10%, and several new 100% delegates that will get voted in over the next few weeks probably.

What you fail to take into account is that this system is still very new (about a month and a half), and most people are still trying to get accustomed to it. Contrary to what you claim, there are more 100% delegates that have successfully been elected than not, and those who are outside for now will get there eventually. There is a lot of inertia to voting so it takes a long time for people to get their votes out, but eventually they will if your proposition is interesting.

There are definitely too many init's and I don't think you'll find anyone here who disagrees with that, unfortunately some big stakeholders are keeping them elected.

Instead the concerns almost entirely revolved around if we could hold the block rewards essentially indefinitely or focused on limiting their short term loses from inflation on their current holdings or being critical of other communities. The atmosphere here is generally unprofessional overall and absolutely falls short of the marketing slogan "the future of banking".

I think one user asked you to hold the earnings? I certainly don't agree with that and I'm sure lots of others feel the same. There's also a quite irrational fear of inflation among many members of this community, but the change that allowed inflation to happen is also quite recent which may be why. I see you got some negative reaction to your support of Nubits, that's explained by the fact that a lot of people here consider it a a dangerous Ponzi scheme, but you also got comments saying they don't care if you support Nubits.

You may not realize this but you also got the support of several very influential community members like Xeroc and Toast, and if you'd just remained patient you would probably have gotten elected.

We will be stepping back as we do not have additional time to invest continually addressing this community repeatedly on the same points, but we will keep an eye on the project. Though we suspect some enterprising individuals will likely fork the codebase, give more attention to fair distirubution and come up with a more meaningful mission statement than make short term profit for early adopters and really take full advantage concept of DPOS.

I'd love for you to elaborate on your complaints about the distribution. Bitshares has a much fairer distribution than just about any crypto currency out there, including Bitcoin, so I'm a little surprised by this. Yes, the voting power of Bytemaster is currently quite important, but it is due to voter apathy more than poor distribution. Having the core developer control less than 8-9% of a coin is quite good in my opinion, especially considering his share is not the result of a premine or insta-mine or early-mine as is the case with so many coins.

[arhag]

@Excoin

First, I agree with you that the delegate system is not an ideal way to pay workers who add value to BitShares. I (and others) have been continually pushing that point through proposals to separate delegates (who only maintain consensus and produce blocks) from a new concept of workers (who are hired by the blockchain to add value to it in whatever way the stakeholders want). Since they are not block producers there is no security need for them to put up two weeks of pay up front to register. The ideal system I propose would allow the stakeholders to decide on their salary in BitUSD and they would get paid that amount (assuming the dilution budget supports it) directly in BitUSD.

But there are many important things to do to improve BitShares. And even I, a huge advocate for separating delegates and workers, do not think it is a high priority. The delegate pay system we have right now is a work around IMHO, but it is a good enough compromise for the time being.

Another thing you should be aware of is how long it takes to get even long supported core devs or obviously beneficial delegate proposals into the top 101. I think it took over a week to get toast's 100% delegate in and I don't think there is a single person in this community who disagreed with that decision. The client is still immature and buggy. It is not yet easy and convenient to load it up and change votes. More importantly, features like cold storage with offline signing, separate voter keys, multisig, and lightweight clients have not yet been released. All of these features will make it safer, easier, and faster for stakeholders to update their votes, and I expect we should see both higher voter participation and faster voter response as a result. I am saying this because I hope your decision wasn't made partly because the blackwavelabs delegate got few votes in the relatively short period of less than a week. You cannot tell what the true community consensus is yet because very few people have likely had the opportunity to evaluate the proposal and update their votes yet. Also, trying to predict the stakeholder consensus from the sample of the voices here who are motivated enough to post in this forum can potentially give you a very skewed representation of the true stakeholder consensus.

The other thing I want to mention is regarding your comment on initial distribution. The initial distribution was determined by free market forces (either by donating BTC/PTS in the AGS campaign or choosing to expend resources to mine PTS tokens). Whichever method was used, the people trying to get some percentage of the genesis tokens spent resources to get a stake in the vision of this project, the same vision that is gradually being realized today. I don't think you can get a much more fair distribution than that.

Also, my impression is that this community is for the most part thinking long term and isn't just concerned about short term profits (at least as much as is possible with any cryptocoin). You are always going to have people holding coins to make some money off of it in the short term and there is no way to somehow filter these people out and prevent them from buying the coin. But I don't see any problem with regards to this community continually supporting improvements to the system. We are all about taking full advantage of DPOS. We have many ideas and proposals, and are open to hear from you and anyone else about ideas you have that you think will improve the system more. But people also need to keep in mind that there is a lot to do and these things need to be prioritized. So perhaps some great ideas need to be left on the back burner for a little while the truly important tasks that can make or break BTS are tackled first.

[thistome]

saddly but it's true that many people short on vision.

include log and wuyanren



来自 MI 1S 上的 Tapatalk now Free

[santaclause102]

I am all the way positive about the OP's contribution.

All I asked for was a cost/time estimate for what the OP is campaigning for.

[cgafeng]

saddly but it's true that many people short on vision.

[Excoin]

So far my impression is this community is very unhealthy, both the English and Chinese speaking community took no concern to verify my identity using PGP keys, no one reviewed code we provided and not as single person asked if we would be participating in the local economy by using our block rewards to hire members of the community.

Instead the concerns almost entirely revolved around if we could hold the block rewards essentially indefinitely or focused on limiting their short term loses from inflation on their current holdings or being critical of other communities. The atmosphere here is generally unprofessional overall and absolutely falls short of the marketing slogan "the future of banking".

As I said in my longer post that most everyone on both sections appears to be sidestepping, it appears not enough care was given to fair initial distribution and as a result of an early bubble investors are too afraid of inflation to actually utilize the system that has been put in place because most of them have lost money on their initial investment.

I don't make this claim because I wasn't elected, I make this claim because there are a 10 delegates (1 being a test), way too many init* delegates taking up the 101 slots. Less than 778 USD a day is being invested into the human capital of this institution, which is more on the level of a small business. It also appears no one wants to acknowledge that they will have a hard time finding contracters when the system requires them to pay 885 USD (not counting the many hours the campaigning will take) for a chance to run, which most likely given the statistics will fail.

The community will expect these contracters to work for essentially free until they prove themselves because the community is too lazy or unwilling or lack the skill necessary to do the proper work to vet potential employees. Because of this, the current system will primarily only appeal to people who already have a large stake in BTS, which a small pool.

I think the software is wonderful and has great potential, unfortunately the current execution is very poor and the community surrounding it has so far done little with it and as result the market has reflected those facts.

Unfortunately most people here will sidestep the points made in this this post like my previous posts because they are heavily invested instead of looking at the project and community critically and fixing the issues holding it back.

We will be stepping back as we do not have additional time to invest continually addressing this community repeatedly on the same points, but we will keep an eye on the project. Though we suspect some enterprising individuals will likely fork the codebase, give more attention to fair distirubution and come up with a more meaningful mission statement than make short term profit for early adopters and really take full advantage concept of DPOS.

I have learned a lot through the process, though an expensive lesson, in the end I feel it was worth it to learn more about BTS. I will post our article here with our analysis when it ready to be published.

[sumantso]

And I do appreciate that, but the specific discussion in those quotes is more about how the system in place not does not offer the proper risk vs. reward to attract the type of contract worker that many in the community seem to desire.

Please understand that I'm trying to understand BTS and the delegate system better and not just trying to be a delegate. I think the system is very good but I also think there is a lot of room for improvement. As it is now I fear that the current system does not work to attract smaller independent contractors (which we do not see ourselves as) who don't already have stake in BTS, these people could be very beneficial to BTS future.

Smaller contractors have to show their proposal and that they can deliver. monsterer had already started work, and his delegate bid was then funded by the community. I feel its a fair system.

Its very much a work in progress. A couple of months back hiring like this was not even possible. If you follow the changes to the system since it was first conceived (where 90% was supposed to be mined), you'll see the dev team and community are constantly trying to come up with better solutions and are not afraid to radically change the protocol itself if necessary. What we are doing is unique and unprecedented, and it has to go through a lot of hits and misses before we get close to the ideal situation. Even now you will see quite a few proposals are there pondering about lowering the barrier to entry for both employees and block producers. I feel you're quite skeptical, but hopefully the network effect we can gain will help us ride out the misses and collect the hits.

In short, stick around, engage with the community and use your unique skills to provide solutions which you feel will benefit Bitshares.  When the open source API wrapper is completed (in 1-2 months), hopefully you will have a detailed proposal to work closely with us to benefit us both. 

[onceuponatime]

It is pretty flexible. Shareholders have the possibility to approve / disapprove any kind of proposal.

It really is not as flexible as you are claiming and you have not really provided proof to back up the claim. You just simply stated a known fact.

The initial investment you have to front is proportional to the delegate pay you set. So if you have a 10% delegate you only pay 1/10 of what you pay for a 100% delegate.

However for 200 USD a month what kind of contract worker are you expecting to hire? And you are still discounting the amount of time required for the independent contractor to make the proposal. And there is no guarantee they will get funded. The balance of risk vs reward is not worth it for most independent contracts who do not already have a large stake in BTS. Which goes back to my points made I earlier, to be fair I think improvements can fix the problems but I don't think right now you will not find many independent contracts eager to offer their services unless they already hold stake in BTS.

This discussion has been interesting.

However, in your case, I did offer to loan you the registration costs which you did not need to repay until elected. You didn't accept that offer.

And I do appreciate that, but the specific discussion in those quotes is more about how the system in place not does not offer the proper risk vs. reward to attract the type of contract worker that many in the community seem to desire.

Please understand that I'm trying to understand BTS and the delegate system better and not just trying to be a delegate. I think the system is very good but I also think there is a lot of room for improvement. As it is now I fear that the current system does not work to attract smaller independent contractors (which we do not see ourselves as) who don't already have stake in BTS, these people could be very beneficial to BTS future.

It's a work in progress. I attempt to apply tweaks/workarounds where I can. 

[Excoin]

It is pretty flexible. Shareholders have the possibility to approve / disapprove any kind of proposal.

It really is not as flexible as you are claiming and you have not really provided proof to back up the claim. You just simply stated a known fact.

The initial investment you have to front is proportional to the delegate pay you set. So if you have a 10% delegate you only pay 1/10 of what you pay for a 100% delegate.

However for 200 USD a month what kind of contract worker are you expecting to hire? And you are still discounting the amount of time required for the independent contractor to make the proposal. And there is no guarantee they will get funded. The balance of risk vs reward is not worth it for most independent contracts who do not already have a large stake in BTS. Which goes back to my points made I earlier, to be fair I think improvements can fix the problems but I don't think right now you will not find many independent contracts eager to offer their services unless they already hold stake in BTS.

This discussion has been interesting.

However, in your case, I did offer to loan you the registration costs which you did not need to repay until elected. You didn't accept that offer.

And I do appreciate that, but the specific discussion in those quotes is more about how the system in place not does not offer the proper risk vs. reward to attract the type of contract worker that many in the community seem to desire.

Please understand that I'm trying to understand BTS and the delegate system better and not just trying to be a delegate. I think the system is very good but I also think there is a lot of room for improvement. As it is now I fear that the current system does not work to attract smaller independent contractors (which we do not see ourselves as) who don't already have stake in BTS, these people could be very beneficial to BTS future.

[onceuponatime]

It is pretty flexible. Shareholders have the possibility to approve / disapprove any kind of proposal.

It really is not as flexible as you are claiming and you have not really provided proof to back up the claim. You just simply stated a known fact.

The initial investment you have to front is proportional to the delegate pay you set. So if you have a 10% delegate you only pay 1/10 of what you pay for a 100% delegate.

However for 200 USD a month what kind of contract worker are you expecting to hire? And you are still discounting the amount of time required for the independent contractor to make the proposal. And there is no guarantee they will get funded. The balance of risk vs reward is not worth it for most independent contracts who do not already have a large stake in BTS. Which goes back to my points made I earlier, to be fair I think improvements can fix the problems but I don't think right now you will not find many independent contracts eager to offer their services unless they already hold stake in BTS.

This discussion has been interesting.

However, in your case, I did offer to loan you the registration costs which you did not need to repay until elected. You didn't accept that offer.

[Excoin]

It is pretty flexible. Shareholders have the possibility to approve / disapprove any kind of proposal.

It really is not as flexible as you are claiming and you have not really provided proof to back up the claim. You just simply stated a known fact.

The initial investment you have to front is proportional to the delegate pay you set. So if you have a 10% delegate you only pay 1/10 of what you pay for a 100% delegate.

However for 200 USD a month what kind of contract worker are you expecting to hire? And you are still discounting the amount of time required for the independent contractor to make the proposal. And there is no guarantee they will get funded. The balance of risk vs reward is not worth it for most independent contracts who do not already have a large stake in BTS. Which goes back to my points made I earlier, to be fair I think improvements can fix the problems but I don't think right now you will not find many quality independent contracts eager to offer their services unless they already hold stake in BTS.

This discussion has been interesting.

[Excoin]

I appreciate your work. However, compared with BTS, Nubits is like a scam. If nubits  is also included on your exchange,  I doubt your sense of judgement and loyalty to BTS.

We are transparent in the fact that we have no loyalty to any specific piece of software and personally I think it detrimental to future progress to have religious-lke affilation to any particular software.

Blackwave Labs is focused on innovation and progress. To us the most important thing is the overall advancement of decentralized technology and cryptocurrency. We take the time to learn about the community, research the source code, examine the economics and we feel BTS is innovative.

If you are uncomfortable with working with people who don't share all the same opinions as you, you will quickly find yourself isolated from many talent people.

Edit: Also if you want to convince people that your opinion is the correct one, I would recommend that you back up your claims with arguments/reasoning. Hollow ad-hominem attacks are not professional and serve no purpose. Which as a board moderator you should know better and take care represent your community in a more professional manner.

[ripplexiaoshan]

I appreciate your work. However, compared with BTS, Nubits is like a scam. If nubits  is also included on your exchange,  I doubt your sense of judgement and loyalty to BTS.

[santaclause102]

An api wrapper is worth the cost. Once that is complete we can re-examine whether the delegate is still worth it, but for now we really should vote these guys in.

My judgement on that is weak.

is worth the cost

I think that is the whole issue: What I proposed here https://bitsharestalk.org/index.php?topic=12907.msg170470#msg170470 was a request for a rough estimate for the cost/time. We don't know what the costs are with an 100% delegate for an indefinite time.

[toast]

An api wrapper is worth the cost. Once that is complete we can re-examine whether the delegate is still worth it, but for now we really should vote these guys in.

[santaclause102]

While I believe this is an interesting concept, the DPOS system as it exists now is not designed for this type of recruitment or employment.

It is pretty flexible. Shareholders have the possibility to approve / disapprove any kind of proposal.

The initial investment you have to front is proportional to the delegate pay you set. So if you have a 10% delegate you only pay 1/10 of what you pay for a 100% delegate.

I also think it is worth pointing out that in my experience organizations whose work force is made up primarily of temporary contract workers the products they produce are of inferior quality. It does not give creative developers a platform to create, and most importantly it does not provide the security needed to take risks and fail.

I totally agree with that. Mastercoin is a prime example. That is why I am happy that all developers work full time for BitShares.
This is just my position: If you propose a 100% delegate for an indefinite time then just the API Wrapper is just not a very compelling deal.
But I am impressed by the professional way you approach things (hard to find) so I would be more than happy to check out any proposal you make!

This is why you find successful technology based companies like google giving employees paid free time to work on their own projects or Bell's famous Bell Labs being funded with no expectations beyond giving engineers the freedom and security to create. The rewards for sponsoring these sort of activities are often unpredictable and potentially highly profitable.

This is what a company can do when they dominate their market like Google does. This has been a great read to me on that matter http://www.wsj.com/articles/peter-thiel-competition-is-for-losers-1410535536

[Excoin]

It doesnt bother me whether you have nubits on your exchange.

This portion was primarily aimed at the response we got from the Chinese section, though there were a few members in this thread who also seemed to share a similar opinion.

And the ratio between dilution and long term advancement is relative and has to be efficient!

That is a truism, anything else would result in failure. We are not expecting or desire the BitShares community to fail, we believe the project is very creative and has a lot of potential.

Unfortunately I'm starting to suspect that the initial bubble and too little consideration given to initial fair distribution may end up causing the project to never reach its full potential. This analysis is not simply from reading the reception of our thread, but rather our general research on the DPOS system as it currently executed by this community.

That would be specific enough to measure your work. Compare this to how it would work with a normal company: You are in the role of a contract worker (API Wrapper) that has the potential to become a long term partner for other projects (gateway maybe). I would never hire a contract worker if he/she didn't detail what I listed above.

While I believe this is an interesting concept, the DPOS system as it exists now is not designed for this type of recruitment or employment.

To begin with in order for us to become a delegate we had to pay 885 USD up front with no guarantee our proposal would be accepted (and given the current number of delegates and the overall market cap we honestly did not expect for it to be).

In the current system, an independent contract worker would have to take on great risk for a commodity which many of the community will request is not liquidated. If in the rare event they are accepted, they have to wait a full two weeks before breaking even on their initial investment. This is not counting the amount of time necessary to campaign for the position in the first place, if that time is considered it could take a month to recover the costs of obtaining the position in the first place. Which may only last 2-3 months before being voted out by popular vote.

To an outsider this is not an attractive deal because the risk is not worth the reward. The system would have to see a lot of changes made for it to recruit people in the way you would like.

I also think it is worth pointing out that in my experience organizations whose work force is made up primarily of temporary contract workers the products they produce are of inferior quality. It does not give creative developers a platform to create, and most importantly it does not provide the security needed to take risks and fail.

This is why you find successful technology based companies like google giving employees paid free time to work on their own projects or Bell's famous Bell Labs being funded with no expectations beyond giving engineers the freedom and security to create. The rewards for sponsoring these sort of activities are often unpredictable and potentially highly profitable.

I still highly appreciate your presence here (!)

I appreciate being allowed the opportunity to engage the community and at the very least I hope we were able to make members of the community think critically about the current implementation and what it provides for.

In my opinion this is a mindset that Bitshares shareholders have to adopt to make their "company" work efficiently and efficiency is vastly important in a growth phase

In my opinion, during the early phase of a company you will need to make investments in infrastructure, secure good relationships with potential employees and generally build towards long term goals. The early phases of a business are risky, and investors expecting good dividends early risk stunting potential growth. It is the same reason you will find that Amazon operates at a loss but investors still flock to it.

For example, we have already invested much more time and money than the BTS 100% delegate is worth at this point, but we feel that shifting the opinion of the community is more valuable for the long term success of even the few thousand shares we hold or the larger investments we may or may not make.

[santaclause102]

It doesnt bother me whether you have nubits on your exchange. And the ratio between dilution and long term advancement is relative and has to be efficient!

Here is what I would wish for: Why don't you make an estimate that would include the following?
- What you want to do for the Bitshares community (you already said that: the API Wrapper).
- How many man hours you estimate it would take to accomplish this. 
- What your hourly rate is.
--> And therefore how much money (BTS) you need for it: For example: Two month, 100%.
Then you should state how you want to proceed when the Wrapper is done: Make a new suggestion to continue the 100% pay for achieving a new objective. Or reduce it to 3% definitely because you don't plan to do more than the API Wrapper.

That would be specific enough to measure your work. Compare this to how it would work with a normal company: You are in the role of a contract worker (API Wrapper) that has the potential to become a long term partner for other projects (gateway maybe). I would never hire a contract worker if he/she didn't detail what I listed above.

I still highly appreciate your presence here (!) since you seem to be capable of what you are doing but accountability and transparency is needed otherwise "Paid Delegates" doesnt work <- in my opinion this is a mindset that Bitshares shareholders have to adopt to make their "company" work efficiently and efficiency is vastly important in a growth phase (~artificial competition because of: no income but expenses).

[Excoin]

I think,  we don't want to give each a on-line BTS trading exchange set up pay100% Delegate? This is a very stupid idea

Or again,  we will give every claim to promote BTS people set up pay100% Delegate? I saw a lot of fraud in the staged

We can form a kind of atmosphere, to establish pay100% Delegate, register and open you are going to do, when after your success or achievement, and then ask you to vote

Also, the BM community share voting right, should not easily use, after must wait for community voting ends, and then consider whether it is necessary to vote, and vote should have a half-life


I'm against almost all of the pay100% Delegate,  including BM 


 

我们请求100%支付率，经过我们的计算，假设当前价格持续不变的话（这没法保证），收入大约会是2000美元。我们并不将受托人收入看成是付给我们的费用，倒不如说是补贴我们的部分成本，并以BTS股权的形式去缩小给开发团队所应得收入的差距。

我们并非业余的程序员，我们是行内专业人士，可以开发高质量的软件，并拥有已经被证实的资历。我们觉得我们提议的项目在BTS经济系统上具有积极意义，以及很高的价值，因此希望这些项目得到资助并保证它们可以完成得更快一点。

2000美元一个月是不足以雇佣一位高级程序员的。就像你买的任何东西一样，你一般得到三个特性中的两个：快速、便宜、高质量。如果你不觉得开发者的贡献值得社区去回报的话，那么你就很可能会发现围绕比特股的基础架构的发展逐渐地停滞，因为只有少数的早期用户会有动力去建立基础架构。

我们尝试成为一名受托人，很大程度上是为更加了解比特股和受托人制度。从目前来看，貌似早期的用家和大户会担心通胀影响到他们的投资。这显然是与比特股系统提供的优点相违背的。比特股有潜力成为一个革命性的工具，它可以回报和激励开发者（和其他人）去建造一个充满生机的加密货币生态系统。不过，如果比特股系统被那些担心短期利润而不是长远目标的早期投资者限制的话，这个项目永远都不会达到它的最大潜力，而会继续慢慢地衰退。

为了提供一个更清晰的观点，每天有3975枚比特币被挖出以支持比特币网络，这就是每天超过100万美元，而比特股投资者当前只有勇气去支持11位100%受托人，合每月是2.2万美元或者每天733美元。简单地说，一个月2.2万美元的费用甚至比不上一个中型公司应有的开发预算。当你考虑到社区成员希望比特股到达的那种规模的话，你就会知道这个是一个多么小的数字。

先说清楚一下，就像我们的在原帖里说的一样，我们并不是希望用一个100%受托人去运营交易所，也不是去用来加上BitCNY交易对。我们，黑潮实验室，是一个专注于加密货币的开发团队，同时是在运营一个交易所。而且，请求一个受托人职位去建造开源的API包装器，还会将比特股的功能加到我们即将开源的账户系统里面（就像第一个帖子描述的那样）。

我们不认为受托人是在支持交易所。我们请求你去赞助黑潮实验室，是因为我们的存在对每一个我们参与的社区都有积极的意义。我们有雄心壮志的计划，我们建造Exco.in让我们可以开发利润低但重要的开源加密货币项目。

这里的一些敌意好像起源于我们与其他可能有竞争性的社区之间的关系。用这种姿态去审视其他社区的话会有潜在的隐患，因为这会让你为了短期的利润而去疏远那些有才能的人，这些人支持的是更广泛概念的加密货币。

编辑：眼下这个过程很有教育意义，我们已经学习到了更多关于如何运行不同的DACs。我们正在写一篇文章去讲述这个过程的详情，以及加上我们对比特股以及社区的分析到https://blackwavelabs.com 上。

---

We requested 100% pay rate which we calculated to be estimated 2,000 USD if the current price holds (which is not guaranteed). We don't see the delegation as paying for our costs as much as subsidising a portion of our costs and bridging the gap with our development group by giving us stake in the BTS economy.

We are not amateur programmers, we are industry professionals that develop quality software and have a proven track record. We feel the positive affects of our proposed projects being created on the BTS ecosystem are valuable enough to want to assist funding their development and to ensure their completion happens faster.

2,000 USD a month would not cover the cost to hire a single senior developer. As with anything you buy you get two of three: fast, cheap or high quality. If you don't feel contributing developers merit rewards from the community, then you will likely find the infrastructure surrounding the BitShares overtime begin to stagnate as only a limited number of early adopters have the motive to continue to build infrastructure.

A large part of why we attempted to become a delegate was to learn more about BitShares and the delegate system. So far it appears that early adopters/large investors are afraid of inflation affecting their investment. This manifests by opposing the advantages that the BitShares system offers. BitShares has the potential to be a revolutionary tool that rewards and incentivizes developers (and others) to build a vibrant cryptocurrency ecosystem. However if the BitShares system continues to be held hostage by early investors who are worried about short term profits over long term goals, the project will never reach its full potential and it will continue on its slow decline.

To give perspective on this, 3975 BTC are mined each day to incentivize mining support for the Bitcoin network, which is well over a 1,000,000 USD a day, while BitShares investors only currently have the courage to support 11 delegates at 100% pay, totalling 22,000 USD a month or 733 USD a day. Simply put, 22,000 USD a month is not even an adequate budget for development even for a moderately sized company, and when you consider the scale many of the community members would like to see BitShares reach it is miniscule.

To be clear, as we said in our original post, we are not asking for 100% pay rate to operate the Exchange or to add bitCNY trading pairs. We, Blackwave Labs, are a cryptocurrency-focused development group who happens to operate an exchange and are asking for delegation to build open source API wrappers and add BitShares functionality to our soon to be open source accounting system described in the first post.

We don't see the delegation as supporting the exchange. We are asking you to sponsor Blackwave Labs because our existence has a positive effect on every community we are involved in. We have very ambitious plans and we built Exco.in to allow us to develop less profitable but important open source cryptocurrency projects.

Some of the animosity here seems to stem from our relationship with other communities that some feel are competing. Taking this position on other communities risks potentially alienating yourself from many talented people who support the broader concept of cryptocurrency over short term profit.

Edit: This whole process so far has been a educational experience and we have learned more about how different DACs operate. We are working on an article detailing the process and our analysis of BitShares project and community on https://blackwavelabs.com

[matt608]

I think,  we don't want to give each a on-line BTS trading exchange set up pay100% Delegate? This is a very stupid idea

Or again,  we will give every claim to promote BTS people set up pay100% Delegate? I saw a lot of fraud in the staged

We can form a kind of atmosphere, to establish pay100% Delegate, register and open you are going to do, when after your success or achievement, and then ask you to vote

Also, the BM community share voting right, should not easily use, after must wait for community voting ends, and then consider whether it is necessary to vote, and vote should have a half-life


I'm against almost all of the pay100% Delegate,  including BM 


 

After their work is all done they can be voted out, or they can propose a new reason to keep the delegate.

Also this is a great example to show to other (bigger) gateways of how they can get integration funded with BTS.  Picture the big exchanges competing for (temporary) BitShares delegate spots, it's marketing gold.

[Musewhale]

I think,  we don't want to give each a on-line BTS trading exchange set up pay100% Delegate? This is a very stupid idea

Or again,  we will give every claim to promote BTS people set up pay100% Delegate? I saw a lot of fraud in the staged

We can form a kind of atmosphere, to establish pay100% Delegate, register and open you are going to do, when after your success or achievement, and then ask you to vote

Also, the BM community share voting right, should not easily use, after must wait for community voting ends, and then consider whether it is necessary to vote, and vote should have a half-life


I'm against almost all of the pay100% Delegate,  including BM 


 

[merlin0113]

虽然你不做承兑商，我还是会投票给你。希望更多的开发者，通过参与委托人模式，参透比特股的经济学价值。

[lzr1900]

Voted.

[markt]

You have my vote.

well said, me too

[matt608]

Got my vote and campaign support.

[Excoin]

Your website promotes NuBits heavily.. Was BitUSD considered for this role? Have you talked with the leaders of our project?

Our website promotes all innovators in the cryptocurrency ecosystem who actively develop, and we call out bad actors like XPY early on, so I think "promotes nubits heavily" would be an unfair/incomplete summary of the page.

We make it clear in our post we are generally interested in the concepts of distributed autonomous entities. bitCNY centric exchange and a BTC/BTS is what we are considering at this point in time for Exco.in with the potential to add more as we develop tools for BitShares.

We begun looking into BitShares after Nikolai wrote to us by email giving us details about the project.

Very good! The fact that you plan to open source the API wrapper has me sold. Voting and promoting.

Thank you, we appreciate the support.



To again clarify, we plan on creating and releasing the API Wrapper and the other listed projects open source regardless if we are elected as a delegate.

We propose that if the BitShares community offer support for our ongoing mission of promoting all innovative cryptocurrencies and providing high quality open source tools. Selecting our development group as a delegate, the community would allow us to allocate more resources to the listed projects (and other unannounced projects that are in planning) so that they can be completed quicker.

[toast]

Very good! The fact that you plan to open source the API wrapper has me sold. Voting and promoting.

[roadscape]

Your website promotes NuBits heavily.. Was BitUSD considered for this role? Have you talked with the leaders of our project?

Keep in mind that a 100% paid delegate is what core developers have at the moment which work for  Bitshares exclusively, live in Blacksburg etc.

Not only core developers who are working in Blacksburg but core developers who are working exclusively and full time for the BitShares ecosystem!

Well put, cass.

[Excoin]

We added a translation to make our appeal to the wider community.

Thank you for all the input. It will be used to improve and clarify points in the proposal, we are still learning about BitShares and the delegate system, we appreciate your help through the process.

[svk]

Your proposal is definitely interesting and it's great to see Bitshares and the delegate system attracting some previously established actors/exchanges.

I'm positive towards your proposal but what would really be amazing for us and would get you voted in for sure in my opinion is if you were to develop an open-source gateway application and implement a gateway service for bit assets. You appear to have the technical skills to do so easily, and through Exco.in you already have KYC services etc implemented.

Please see this video by Max Wright and Dan Larimer that talks about how this works:

https://www.youtube.com/playlist?list=PLjgfpSQFJTLqbgHm8mkgPdD-ma7t0bRhK

And here's a blog post by Dan Larimer on the subject:

http://bytemaster.bitshares.org/update/2014/12/18/Benefits-of-Being-a-BitShares-Gateway/

[santaclause102]

I would vote if you
- can lay out an estimate of what your estimated expenses would be and therefore for how long you will need a 100% paid delegate.
- and promise to reduce the pay to 3% when the task is done.

It would be nice if your requirements allowed for the possibility that, after developing a reputation for accomplishing one task, a delegate has the option of proposing another way to contribute without having to start over.  Promising to unconditionally reduce to 3% may be counterproductive to our desire to attract long term talent.

What I meant was to reduce it to 3% or make a new announcement to justify anything but 3% and give shareholders the choice to reevaluate, also see my first post in here.

[onceuponatime]

You have my vote.

[Stan]

I would vote if you
- can lay out an estimate of what your estimated expenses would be and therefore for how long you will need a 100% paid delegate.
- and promise to reduce the pay to 3% when the task is done.

It would be nice if your requirements allowed for the possibility that, after developing a reputation for accomplishing one task, a delegate has the option of proposing another way to contribute without having to start over.  Promising to unconditionally reduce to 3% may be counterproductive to our desire to attract long term talent. 

[cass]

Keep in mind that a 100% paid delegate is what core developers have at the moment which work for  Bitshares exclusively, live in Blacksburg etc.

Not only core developers who are working in Blacksburg but core developers who working exclusively and full time for BitShares ecosystem!

[santaclause102]

I would vote if you
- can lay out an estimate of what your estimated expenses would be and therefore for how long you will need a 100% paid delegate.
- and promise to reduce the pay to 3% when the task is done.

Keep in mind that a 100% paid delegate is what core developers have at the moment which work for  Bitshares exclusively, live in Blacksburg etc.

[xeroc]

I don't understand the proposal ...
what trading pairs do you offer?

for a trading pairs like BTS/BTC or any other altcoin a positions as 100% pay delegate does not make sense to me as you can make your money from order fees ...
the only thing that would make sense to be are fiat gateways ... so .. bitUSD/USD pairs .. do you offer those?

Right now we don't offer any BTS related trading pairs because we don't have the required API wrappers written and modifications made to our accounting system. Currently our accounting system only supports Satoshi based clients.

We are interested in adding bitCNY centric trading, where bitCNY is the currency and BTC, LTC, DRK, BTS, etc are the commodities.

We will also open up BTC/BTS.

To be clear, as we said in our original post, we are not asking for 100% pay rate to operate the Exchange. We (Blackwave Labs) who happen to operate an exchange are asking for delegation to build open source API wrappers and add BitShares functionality it to our soon to be open source accounting system.

We are not amateur programmers, we are industry professionals that build very high quality software and have a proven track record of following through on projects to completion. We feel the positive affects from these projects being created on the ecosystem are valuable enough to want to assist funding their development and to ensure their completion happens faster.

Thanks for clarification .. gonna add you to my slate ..

[BTSdac]

I would vote you

[Excoin]

I don't understand the proposal ...
what trading pairs do you offer?

for a trading pairs like BTS/BTC or any other altcoin a positions as 100% pay delegate does not make sense to me as you can make your money from order fees ...
the only thing that would make sense to be are fiat gateways ... so .. bitUSD/USD pairs .. do you offer those?

Right now we don't offer any BTS related trading pairs because we don't have the required API wrappers written and modifications made to our accounting system. Currently our accounting system only supports Satoshi based clients.

We are interested in adding bitCNY centric trading, where bitCNY is the currency and BTC, LTC, DRK, BTS and others.

We will also open up BTC/BTS.

To be clear, as we said in our original post, we are not asking for 100% pay rate to operate the Exchange. We (Blackwave Labs) who happen to operate an exchange are asking for delegation to build open source API wrappers and add BitShares functionality it to our soon to be open source accounting system.

We are not amateur programmers, we are industry professionals that build very high quality software and have a proven track record of following through on projects to completion. We feel the positive affects from these projects being created on the ecosystem are valuable enough to want to assist funding their development and to ensure their completion happens faster.

[xeroc]

I don't understand the proposal ...
what trading pairs do you offer?

for a trading pairs like BTS/BTC or any other altcoin a positions as 100% pay delegate does not make sense to me as you can make your money from order fees ...
the only thing that would make sense to be are fiat gateways ... so .. bitUSD/USD pairs .. do you offer those?

[Excoin]

I will vote for you if you promise to convert all of your delegate income to bitusd/bitcny/bitbtc/etc.. rather than dumping on the market, since the exchange you are running is supposed to be profitable.

We never made the claim that the exchange is currently profitable, we launched two months ago and are still in a very early phase of the lifecycle. Our userbase and volume is still growing but it does not compare with the established alt-currency exchanges. Infrastructure, advertising and continued development costs over shadow our profit still. We can afford to operate at a loss while the momentum builds but it has an affect our ability to confidently bring on additional full-time employees.

We don't see the delegation as supporting the exchange, we have a separate BTS account for that. We are asking you to support Blackwave Labs. We have very ambitious plans and we built Exco.in so it will one day contribute funding to more important projects that are less profitable such as decentralized exchanges.

I apologize but since we may need the funds liquid to pay part-time developers for their time we could not guarantee to hold the resulting funds in a BTS asset. We would try to leave it as BTS as long that it is practical but we don't want to make promises we cannot realistically keep. It is very unlikely we will liquidate the BTS but I don't want to lock myself into that agreement.

[muse-umum]

I will vote for you if you promise to convert all of your delegate income to bitusd/bitcny/bitbtc/etc.. rather than dumping on the market, since the exchange you are running is supposed to be profitable.

[Excoin]

I appreciate you proposal and the value it would bring to the crypto community as a whole.

How long would you estimate that it would take to complete task 1), the API wrapper? Respectively how much money would you need for it (to hire someone (fulltime)) so we can estimate how long you would need a paid delegate?

I would be the primary developer of the project as Xian is busy developing Onyx and Vault. I would estimate completion of a basic API wrapper, associated test code and documentation in a 1-2 months depending on the availability of various members of our staff.

You would also need to specify how much compensation you want for your delegate (between 0 and 100%). 100% would equal ~ 2000 USD per month at current market cap.

I apologize, I have corrected this. We requested 100% pay rate which we calculated to be estimated 2,000 USD if the current price holds (which is not guaranteed).

We will create the wrapper regardless of our delegation status, we don't see the delegation as paying for our costs as much as subsidising our costs. When providing consulting we typically charge typically 140-180 USD per employee, so at the current price it would merit estimated 12.5 hours of work a month but we would work longer than that. We hope to be able to use the additional funds to bring in on our part-time developers on for more hours so we can speed up the process.

So if you estimate that you need 2000 USD to implement what you want to built for BitShares then you could say we would like to propose a 50% paid delegate for two month. If you do not do any active development work anymore on BitShares related objectives then you could promise to reduce the pay to 3% (normal security delegate pay) after the 2 month or say that you will do other valuable things like write articles or something for which you like to be compensated by x per month so that you keep the delegate at a 10% pay rate....and stay a delegate for as long as you keep up what you campaigned for.

We would hope the community would consider continued sponsorship of Blackwave Labs after the API wrappers completion to allow us to release Vault as an open source project sooner. With the BitShares API we incorporate into vault it would provide a framework and enable community members to quickly create and launch secure cryptocurrency services that include support for BitShares. 

[Excoin]

Hi Samantha,

welcome on board! Guess you propose a 100% payrate delegate, right!?
Pls add this to your proposal.

Yes, thank you for the suggestion.

[cass]

Hi Samantha,

welcome on board! Guess you propose a 100% payrate delegate, right!?
Pls add this to your proposal.

[santaclause102]

I appreciate you proposal and the value it would bring to the crypto community as a whole.

How long would you estimate that it would take to complete task 1), the API wrapper? Respectively how much money would you need for it (to hire someone (fulltime)) so we can estimate how long you would need a paid delegate?

You would also need to specify how much compensation you want for your delegate (between 0 and 100%). 100% would equal ~ 2000 USD per month at current market cap.

So if you estimate that you need 2000 USD to implement what you want to built for BitShares then you could say you would like to propose a 50% paid delegate for two month. You could promise in advance that if you do not do any active development work anymore on BitShares related objectives (say after the 2 month you estimated it would take) to reduce the pay to 3% (normal security delegate pay and be a normal security delegate from there on) or say that you will do other valuable things like write articles or something for which you like to be compensated by x per month so that you keep the delegate at a 10% pay rate or whatever you estimate....and stay a delegate for as long as you keep up what you campaigned for.

[Excoin]

About Blackwave Labs

My name is Samantha Chen and I'm lead developer of Excoin (https://exco.in). Excoin is one of services provided by Blackwave Labs (https://blackwavelabs.com).

Our mission is to provide high quality, transparent and secure services that spotlight innovative cryptocurrencies. We would like to add BitShares and associated projects to the list of cryptocurrencies we provide services for.

Blackwave Labs was founded in August 2014 and is currently employing two full time programmers, along with several part-time support staff members, translators, designers and developers.

Excoin - Innovative Cryptocurrency Exchange

Excoin is an innovative cryptocurrency exchange, we only select coins that we feel have made a large impact in the overall cryptocurrency community.

For more information on our process please read: https://blackwavelabs.com

Excoin features

• Continuous proof of reserves with signed message and address showing Exco.in's own cryptocurrency holdings on top of existing user balances.
• Full Featured API, ability to generate multiple API keys with different permissions.
• Asynchronous trading engine, capable of matching hundreds of a trades at the same time.
• Real-time UI on our web client.
• Instant deposits and withdrawals, users get notification regarding deposits at 0 confirmations.
• Full Chinese localization and Mandarin speaking support staff.
• Response to all support requests within 24 hours.
• On-site chat with support
• Multi-factor Authentication
• We build and maintain open source API wrappers and real-time trading bots: https://github.com/excoinexchange

Support
On-site: https://exco.in/account/support
Email: support@exco.in
Twitter: https://twitter.com/ExcoinExchange
IRC: #excoin @ freenode
BitMessage: BM-NBrBDUeKW5ZCFbs8G78e6pGvVfFA8HxR

Our proposal

We would like to immediately open a BitShares exchange, test out a bitCNY centric market and possibly expand to offer more services. However we currently we do not have the adapters necessary to integrate our accounting and proof of reserves system with the BitShares API. We request a that we are made a delegate at a pay rate of 100%.

What open source projects we aim to build

1) API Wrapper - We would require a API wrapper for the BitShares client. We are still in the process of researching the best way to accomplish this task.

We will either:
a) Create a bridge adaptor so that we can interact with the BitShares client using the original Satoshi client RPC calls.The benefit to this method would be that other developers who have already have the appropriate infrastructure for the existing Bitcoin client could easily implement rudimentary BitShares support.
-or-
b) Create a complete API wrapper to take advantage of all the functionality that BitShares offers.

These two options are not mutually exclusive, we could start with the bridge and eventually add in more functionality later.

The API wrapper project released on github upon completion.

2) Vault - A robust multi-cryptocurrency accounting system that features abstracted double-entry bookkeeping accounting above the clients, support proof-of-reserves, staking, cold-storage and other essential tools to operate secure and transparent cryptocurrency services. We plan to release the source code for Vault after we finish our enterprise payment gateway Onyx, so it can peer reviewed and others in the cryptocurrency community can more easily build secure applications.

3) Bits - Geolocal wallet that will work with any existing Satoshi based coin (See https://blackwavelabs.com for more details)

Examples of previous work
https://exco.in - Innovative cryptocurrency exchange
https://github.com/ruby-wallet/ruby-wallet - An early iteration of Vault
https://github.com/excoinexchange - Examples of API wrappers we built for Excoin and real-time trading bots built using those wrappers
https://github.com/BlackWaveLabs - General project repository for Blackwave Labs
https://github.com/drunkonsound - Xian's github for cryptocurrency related projects
https://github.com/ogminor - Samantha's github for cryptocurrency related projects

Why vote for Blackwave Labs

Supporting Blackwave Labs is not just about building projects for BitShares. Supporting us opens up a relationship with an organization that is dedicated to improving the quality standards, infrastructure, building open source tools and providng decentralized solutions for the overall cryptocurrency community.

We openly speak out against bad actors in the community, write informative articles on cryptocurrency in both English and Mandarin, promote innovation, and we choose to partner ourselves with innovative communities.

We hope that you will consider sponsoring our organization and associated projects.

Delegate Name:
blackwavelabs

Pay rate:
100%

---

关于黑潮实验室

我是Samantha Chen，是币交中心(https://exco.in)的主要开发人员。币交中心是黑潮实验室(https://blackwavelabs.com)提供的服务之一。

 我们的使命是提供高质，透明，安全的服务。我们想要把比特股和相关项目加进去我们给提供服务的加密电子货币的列表。
 黑潮实验室于2014年8月成立，我们目前雇佣了两个全职的开发人员以及一些兼职的客服人员，翻译者，设计者，和开发人员。

币交中心－创新加密电子货币交易平台

币交中心是一个创新加密电子货币交易平台，我们只交易给加密电子货币全社区带来很大影响的币种。

更详细了解我们的工作过程，请访问： https://blackwavelabs.com

币交中心的性能：
连续不断的准备金证明，带签名的信息和地址展示用户余额以及币交中心本身备有的黑币量。
全功能API，能够随机产生各种有不同权限的API密钥。
非同步的交易引擎，能够同时匹配几百个交易业务
在web客户端上的实时用户界面
即时充值和提现，以0个确定用户开始收通知。
全中文化网页和普通话客服人员。
24小时之内回复客服问题。
站内客服聊天室。
多重验证。
我们创建和维护开源API包装器和实时交易机器人： https://github.com/excoinexchange




客服
站内：https://exco.in/account/support
电邮：support@exco.in
推特：https://twitter.com/ExcoinExchange
因特网中继聊天：#excoin @ freenode
比特信：BM-NBrBDUeKW5ZCFbs8G78e6pGvVfFA8HxR

我们提议
 我们想要立刻开放一个比特股交易平台，测试一个以比特元为中心的市场和有机会扩展我们的服务。但是，我们目前没有适合的适配器能够把核算方法和准备金证明整合进去比特股API。我们要求我们任为有100%工资率的代表。

我们试图创建的开源项目

 1）API包装器－我们需要专门为比特股API的API包装器。我们还在调查最好的方法做好这个任务。

我们将会 a）创造一个桥接器使得我们能够把聪客户端RPC调用来跟比特股客户端互动。这个方法带来的好处是如果其他开发人员已经有目前存在的比特币客户端的合适基础设施，他们可以很容易地使用比特股基本的服务性能。
－或者－
b) 创建一个完整的API包装器以使用比特股全部性能。
这两个选项不是相互排斥的，我们以桥接器着手，然后再加上更多性能。

API包装器项目一完成就在github上发布了。

2）Vault－健全多种加密电子货币的核算系统具有在客户端上面的抽象复式簿记，支持准备金证明，储蓄黑币，冷钱包和其他紧要的工具以运用安全，透明的加密电子货币服务。我们打算完成我们开发的企业型付款门户Onyx，之后发布Vault的源代码，所以它可以通过同行审查然后加密电子货币社区的成员可以更容易地创建安全的应用程序。
3)Bits－这个地理位置性的钱包能够跟任何以聪客户端为基础的币种使用。（访问https://blackwavelabs.com 更详细了解）

早期的作品例子
https://exco.in - 创新加密电子货币交易平台
https://github.com/ruby-wallet/ruby-wallet - Vault的早期版本
https://github.com/excoinexchange - 我们为了币交中心创建API的包装器例子和用这些包装器的交易机器例子
https://github.com/BlackWaveLabs - 黑潮实验室一般项目仓库
https://github.com/drunkonsound - 仙的加密电子货币相关的项目github
https://github.com/ogminor - Samantha的加密电子货币相关的项目github

为什么投票给黑潮实验室？
 支持黑潮实验室不止意味着支持创建比特股的项目。支持我们等于和一个致力于改善质量标准，基础设施，创建开源工具和提供非中央化的解决方法的组织建立良好关系。
 我们公开指责社区里的邪恶角色，我们会用中英文撰写关于加密电子货币的文章，主张创意，以及和有创意性的社区团结合作。

我们希望您会考虑赞助我们的组织和相关的项目。

代表名:
黑潮实验室
blackwavelabs

工资率:
100%