BitUSD Market Paused until Delegates can Upgrade

Started by bytemaster, August 25, 2014, 09:28:22 PM

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puppies

Quote from: kevin486 on August 26, 2014, 09:04:34 AM
Quote from: luckybit on August 25, 2014, 09:54:22 PM
Quote from: bytemaster on August 25, 2014, 09:28:22 PM
We have identified an issue that requires an immediate hard fork to resolve.  We have removed the required depth.

Updates will follow shortly.

Wow I didn't even know markets could be paused. This is a pretty smooth way to handle it.


If someday, the government say: BM, I command you to pause the market, then it paused immediately.   

I never know this before.....
There is a requirement for a certain amount of market depth before the markets will execute.  This prevents a single person from attacking the order book in a market with very few actors.  Right now the market is very young and there is very little depth on the buy side of bit usd.  BM has placed bid orders to get the depth of that side of the book over the 20M BTSX requirement.  When there was a problem he simply removed those orders.  If another actor had the funds to place those orders and was so inclined the markets would have opened. 
[url="https://metaexchange.info"]https://metaexchange.info[/url] | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

liondani

Quote from: kevin486 on August 26, 2014, 09:04:34 AM
Quote from: luckybit on August 25, 2014, 09:54:22 PM
Quote from: bytemaster on August 25, 2014, 09:28:22 PM
We have identified an issue that requires an immediate hard fork to resolve.  We have removed the required depth.

Updates will follow shortly.

Wow I didn't even know markets could be paused. This is a pretty smooth way to handle it.

If someday, the government say: BM, I command you to pause the market, then it paused immediately.   

I never know this before.....

if that day comes remember that delegates must agree on that decision!
That was the case right now.The majority of delegates agreed for a reason !  For the best interrest of current shareholders.
[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

quickbit

Quote from: luckybit on August 25, 2014, 09:54:22 PM
Quote from: bytemaster on August 25, 2014, 09:28:22 PM
We have identified an issue that requires an immediate hard fork to resolve.  We have removed the required depth.

Updates will follow shortly.

Wow I didn't even know markets could be paused. This is a pretty smooth way to handle it.

If someday, the government say: BM, I command you to pause the market, then it paused immediately.   

I never know this before.....

bitcoinerS

Quote from: bytemaster on August 26, 2014, 06:31:48 AM
That version wasn't tagged but is GUI only... "master" is the one you want.

I pulled master and recompiled. The issued did not go away..
>>> approve bitcoiners

bytemaster

That version wasn't tagged but is GUI only... "master" is the one you want.
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

bitcoinerS

Quote from: bytemaster on August 26, 2014, 02:59:23 AM
All delegates have upgraded, version 0.4.8-a of the GUI has been released, trading can resume safely.

I can't find 0.4.8-a...


$ git tag -l
0.2.0
0.2.1
0.2.2
0.2.3
0.2.4
0.3.0
0.3.1
0.4.0
0.4.1
0.4.2
0.4.3
0.4.4
0.4.5
0.4.6
0.4.7
0.4.8
v0.0.1-alpha.1
v0.0.1-alpha.2
v0.0.1-dryrun.10
v0.0.1-dryrun.8

>>> approve bitcoiners

bytemaster

All delegates have upgraded, version 0.4.8-a of the GUI has been released, trading can resume safely.
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

clayop

Quote from: robrigo on August 26, 2014, 12:15:48 AM
Quote from: bytemaster on August 25, 2014, 11:51:31 PM
Quote from: robrigo on August 25, 2014, 11:39:21 PM
Any ETA for the dmg / exe releases? I could build from source but not really in the mood if the team is releasing executables.

Executables in progress...

dmg is live! Thanks for all the hard work BTSX team.

waiting for .exe now
Bitshares Korea - [url="http://www.bitshares.kr"]http://www.bitshares.kr[/url]
Vote for me and see Korean Bitshares community grows
delegate-clayop

robrigo

Quote from: bytemaster on August 25, 2014, 11:51:31 PM
Quote from: robrigo on August 25, 2014, 11:39:21 PM
Any ETA for the dmg / exe releases? I could build from source but not really in the mood if the team is releasing executables.

Executables in progress...

dmg is live! Thanks for all the hard work BTSX team.

bytemaster

Quote from: robrigo on August 25, 2014, 11:39:21 PM
Any ETA for the dmg / exe releases? I could build from source but not really in the mood if the team is releasing executables.

Executables in progress...
For the latest updates checkout my blog: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

robrigo

Any ETA for the dmg / exe releases? I could build from source but not really in the mood if the team is releasing executables.

xeroc

#19
*.xeroc up and running!
backup machine will follow tomorrow

tonyk

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.


liondani

[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]