Author Topic: Commitee Proposal - Increase account creation fee to 95BTS  (Read 4067 times)

0 Members and 1 Guest are viewing this topic.

Offline mindphlux

  • Sr. Member
  • ****
  • Posts: 232
    • View Profile
Commitee Proposal - Increase account creation fee to 95BTS
« on: October 15, 2015, 05:25:23 am »
Dear community,

we're still being attacked by people that run bots to create domain-like names on our blockchain, hoping to sell them one day.

Quote
playgame registered by btxlaomo
www.playgame.com registered by btxlaomo
www.lotte.com registered by btxlaomo
acc.hulu registered by buycoin
acc.pray registered by buycoin 
acc.jianguo registered by buycoin
acc.creative registered by buycoin 
bts.yourporn registered by buycoin 
acc.yahoo registered by buycoin 
acc.tudou registered by buycoin 
acc.sony registered by buycoin 

It seems that over 3000 accounts were created since launch. BM has adjusted the creation fee to 5 BTS. Unfortunately after lifetime cashback, that equals a 1BTS fee, which is not enough to deterrent those spammers.

Therefore, I propose to adjust the account creation fee to 95 BTS. This equals a net fee of 19 BTS after 80% cashback. Since the fee is still below 100 BTS, it will not vest for 90 days, thus causing no trouble for our public faucets.

Please vote for my commitee member mindphlux. I will send a transaction at around 8PM GMT+2 to change the fee, if I get enough votes.

Best regards

mindphlux
« Last Edit: October 15, 2015, 06:36:13 am by cass »
Please consider voting for my witness mindphlux.witness and my committee user mindphlux. I will not vote for changes that affect witness pay.

Tuck Fheman

  • Guest
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #1 on: October 15, 2015, 05:47:26 am »
I can get behind this, unless a more advanced user can explain to me in a convincing fashion why I shouldn't.

So, I'll wait a bit and see what counter-knowledge, if any, unfolds.

Offline cube

  • Hero Member
  • *****
  • Posts: 1404
  • Bit by bit, we will get there!
    • View Profile
  • BitShares: bitcube
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #2 on: October 15, 2015, 05:58:16 am »
I like to support this to make it harder for the squatters/spammers. I have a concern though. How does an average non-technical user claim back their vested fees from the webwallets?
ID: bitcube
bitcube is a dedicated witness and committe member. Please vote for bitcube.

Tuck Fheman

  • Guest
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #3 on: October 15, 2015, 06:14:52 am »
I like to support this to make it harder for the squatters/spammers. I have a concern though. How does an average non-technical user claim back their vested fees from the webwallets?

I believe this is correct, if I'm wrong I'll learn something ...

Go to the + icon to create a new account, but once at that page select "Existing Accounts" and you will be back at the screen that lets you choose an account to claim funds to. This is where you can claim vested funds.

Offline fav

  • Administrator
  • Hero Member
  • *****
  • Posts: 4272
  • No Pain, No Gain
    • View Profile
    • Follow Me!
  • BitShares: fav
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #4 on: October 15, 2015, 06:16:15 am »
 +5% supporting
Join us on Telegram: https://t.me/btstalk

Offline svk

Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #5 on: October 15, 2015, 06:18:06 am »
I like to support this to make it harder for the squatters/spammers. I have a concern though. How does an average non-technical user claim back their vested fees from the webwallets?

I believe this is correct, if I'm wrong I'll learn something ...

Go to the + icon to create a new account, but once at that page select "Existing Accounts" and you will be back at the screen that lets you choose an account to claim funds to. This is where you can claim vested funds.

Or you can go to Settings -> Wallets I guess? Don't have anyting vesting myself to test..
Worker: dev.bitsharesblocks

Offline cass

  • Hero Member
  • *****
  • Posts: 4311
  • /(┬.┬)\
    • View Profile
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #6 on: October 15, 2015, 06:26:24 am »
 +5%
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline fav

  • Administrator
  • Hero Member
  • *****
  • Posts: 4272
  • No Pain, No Gain
    • View Profile
    • Follow Me!
  • BitShares: fav
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #7 on: October 15, 2015, 06:48:57 am »
I like to support this to make it harder for the squatters/spammers. I have a concern though. How does an average non-technical user claim back their vested fees from the webwallets?

I believe this is correct, if I'm wrong I'll learn something ...

Go to the + icon to create a new account, but once at that page select "Existing Accounts" and you will be back at the screen that lets you choose an account to claim funds to. This is where you can claim vested funds.

Or you can go to Settings -> Wallets I guess? Don't have anyting vesting myself to test..

you can't vest in GUI at the moment. it's the same vest as transaction fees (highlighted you the issue in the GUI thread)
Join us on Telegram: https://t.me/btstalk

Offline mindphlux

  • Sr. Member
  • ****
  • Posts: 232
    • View Profile
Re: Commitee Proposal - Increase account creation fee to 95BTS
« Reply #8 on: October 15, 2015, 06:53:10 am »
I'm sure this feature can be added within a week by our frontend developers, it should not be a reason not to raise the account creation fee to combat the spam.

Also note that each node and witness needs to keep ALL account names in RAM, so the spam is actually costing us more RAM. It might not be extreme yet, but imagine 1 million spam names would be alot of RAM that is consumed that would not be nescessary otherwise.

EDIT: Normal users cannot create accounts so they are not hurt by this price increase. Only lifetime users, faucets and registrars can create new accounts, and they can claim 80% back using the soon-to-be-developed frontend feature or the CLI wallet, if they really need the fees back. Faucets and registrars already use the CLI Wallet I suppose.
« Last Edit: October 15, 2015, 07:04:04 am by mindphlux »
Please consider voting for my witness mindphlux.witness and my committee user mindphlux. I will not vote for changes that affect witness pay.

Offline cube

  • Hero Member
  • *****
  • Posts: 1404
  • Bit by bit, we will get there!
    • View Profile
  • BitShares: bitcube
Re: Commitee Proposal - Increase account creation fee to 90BTS
« Reply #9 on: October 15, 2015, 06:58:36 am »
I like to support this to make it harder for the squatters/spammers. I have a concern though. How does an average non-technical user claim back their vested fees from the webwallets?

I believe this is correct, if I'm wrong I'll learn something ...

Go to the + icon to create a new account, but once at that page select "Existing Accounts" and you will be back at the screen that lets you choose an account to claim funds to. This is where you can claim vested funds.

Or you can go to Settings -> Wallets I guess? Don't have anyting vesting myself to test..

I may have missed it. I do not see a function to claim vested bts from there.

I'm sure this feature can be added within a week by our frontend developers, it should not be a reason not to raise the account creation fee to combat the spam.

Also note that each node and witness needs to keep ALL account names in RAM, so the spam is actually costing us more RAM. It might not be extreme yet, but imagine 1 million spam names would be alot of RAM that is consumed that would not be nescessary otherwise.

If genuine new users are not hurt by this move, ie the feature will be there, I fully support an immediate increase to the fees.
« Last Edit: October 15, 2015, 07:01:43 am by cube »
ID: bitcube
bitcube is a dedicated witness and committe member. Please vote for bitcube.

Offline liondani

  • Hero Member
  • *****
  • Posts: 3724
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
Re: Commitee Proposal - Increase account creation fee to 95BTS
« Reply #10 on: October 15, 2015, 07:22:46 am »
 +5%

iHashFury

  • Guest
Re: Commitee Proposal - Increase account creation fee to 95BTS
« Reply #11 on: October 15, 2015, 08:04:46 am »
voted  +5%

Offline spartako

  • Sr. Member
  • ****
  • Posts: 401
    • View Profile
Re: Commitee Proposal - Increase account creation fee to 95BTS
« Reply #12 on: October 15, 2015, 08:11:19 am »
voted  +5%
wallet_account_set_approval spartako

Offline Unosuke

  • Newbie
  • *
  • Posts: 17
    • View Profile
  • BitShares: unosuke
Re: Commitee Proposal - Increase account creation fee to 95BTS
« Reply #13 on: October 15, 2015, 09:18:37 am »
 +5%

Offline betax

  • Hero Member
  • *****
  • Posts: 808
    • View Profile
Re: Commitee Proposal - Increase account creation fee to 95BTS
« Reply #14 on: October 15, 2015, 09:19:45 am »
 +5%
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads