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Offline Frodo

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Current BTSX share supply over 2 billion?
« on: September 22, 2014, 09:07:09 PM »

How did that happen? Am I missing something here?

Offline Riverhead

Re: Current BTSX share supply over 2 billion?
« Reply #1 on: September 22, 2014, 09:14:41 PM »
Where are you seeing that?

Offline Frodo

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Re: Current BTSX share supply over 2 billion?
« Reply #2 on: September 22, 2014, 09:16:56 PM »
http://www.bitsharesblocks.com/assets
And my BTSX client shows actually the same.

Offline bytemaster

Re: Current BTSX share supply over 2 billion?
« Reply #3 on: September 22, 2014, 09:21:34 PM »
Yes, laddies and gentlemen, the BTSX supply is over 2 billion as a result of multiple bugs identified and fixed weeks ago.  The surplus supply will be burned from our own funds to return it to the proper supply.  We didn't want to spook people until we had the burn operation implemented so that we could correct it.

So where did this extra supply end up going?

1) Mostly to the delegates... our calculation of delegate pay was off and thus we miscalculated the running supply.   We stated earlier our intent to compensate delegates for the extra hard work they were doing, this particular bug just helped us do what we were planning on anyway.  Delegates running at a discount didn't have their pay burned like it was supposed to be.

2) Some white hat individuals who identified bugs and reported them to us privately after they exploited them.  We were able to fix the bugs without much being created.



« Last Edit: September 22, 2014, 09:23:38 PM by bytemaster »
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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Offline liondani

Re: Current BTSX share supply over 2 billion?
« Reply #4 on: September 22, 2014, 09:28:29 PM »
Where are you seeing that?

liondani (unlocked) >>> info
{
  "blockchain_head_block_num": 555176,
  "blockchain_head_block_age": "4 seconds old",
  "blockchain_head_block_timestamp": "2014-09-22T21:08:00",
  "blockchain_average_delegate_participation": "90.18 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_delegate_pay_rate": "2.19551 BTSX",
  "blockchain_share_supply": "2,000,187,399.30172 BTSX",
  "blockchain_blocks_left_in_round": 21,
  "blockchain_next_round_time": "at least 3 minutes in the future",
  "blockchain_next_round_timestamp": "2014-09-22T21:11:30",
  "blockchain_random_seed": "cb98631e4249ed847ada0d44023bce5617890dc8",
  "client_data_dir": "/home/liondani/.BitSharesX",
  "client_version": "v0.4.16",
  "network_num_connections": 20,
  "network_num_connections_max": 200,
  "ntp_time": "2014-09-22T21:08:04",
  "ntp_time_error": -0.017755,
  "wallet_open": true,
  "wallet_unlocked": true,
  "wallet_unlocked_until": "2 years 10 months in the future",
  "wallet_unlocked_until_timestamp": "2017-07-17T14:38:08",
  "wallet_last_scanned_block_timestamp": "2014-09-22T19:18:50",
  "wallet_scan_progress": "100.00 %",
  "wallet_block_production_enabled": true,
  "wallet_next_block_production_time": "at least 3 minutes in the future",
  "wallet_next_block_production_timestamp": "2014-09-22T21:19:30"
}

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Offline Frodo

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Re: Current BTSX share supply over 2 billion?
« Reply #5 on: September 22, 2014, 09:30:18 PM »
Thank you for fast explanation. So everybody calm down  8)

Offline bytemaster

Re: Current BTSX share supply over 2 billion?
« Reply #6 on: September 22, 2014, 09:30:58 PM »
Quote
{
  "blockchain_head_block_num": 555314,
  "blockchain_head_block_age": "8 seconds old",
  "blockchain_head_block_timestamp": "2014-09-22T21:32:50",
  "blockchain_average_delegate_participation": "93.52 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_delegate_pay_rate": "2.19304 BTSX",
  "blockchain_share_supply": "1,999,999,997.71378 BTSX",
  "blockchain_blocks_left_in_round": 85,
  "blockchain_next_round_time": "at least 14 minutes in the future",
  "blockchain_next_round_timestamp": "2014-09-22T21:47:00",
  "blockchain_random_seed": "5699a0bfbc0828eb4cb412e08495fc072540e35c",
  "client_data_dir": "/Users/dlarimer/Library/Application Support/BitShares X",
  "client_version": "v0.4.16",
  "network_num_connections": 12,
  "network_num_connections_max": 200,
  "ntp_time": "2014-09-22T21:32:58",
  "ntp_time_error": 0.111318,
  "wallet_open": true,
  "wallet_unlocked": true,
  "wallet_unlocked_until": "12 days in the future",
  "wallet_unlocked_until_timestamp": "2014-10-04T10:11:58",
  "wallet_last_scanned_block_timestamp": "2014-09-22T21:32:50",
  "wallet_scan_progress": "100.00 %",
  "wallet_block_production_enabled": false,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null
}
« Last Edit: September 22, 2014, 09:33:20 PM by bytemaster »
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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 theoretical

Re: Current BTSX share supply over 2 billion?
« Reply #7 on: September 22, 2014, 09:34:24 PM »

I just saw this thread, ran "info" twice and happened to see it cross back below 2 billion!  Here's a copy-paste with block numbers for posterity:

Code: [Select]
default (locked) >>> info
{
  "blockchain_head_block_num": 555311,
  "blockchain_head_block_age": "10 seconds old",
  "blockchain_head_block_timestamp": "2014-09-22T21:32:20",
  "blockchain_average_delegate_participation": "92.66 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_delegate_pay_rate": "2.19309 BTSX",
  "blockchain_share_supply": "2,000,000,001.77099 BTSX",
  "blockchain_blocks_left_in_round": 88,
  "blockchain_next_round_time": "at least 15 minutes in the future",
  "blockchain_next_round_timestamp": "2014-09-22T21:47:10",
  "blockchain_random_seed": "f328415b9decc04a75b559f9c2148d42f90d81c2",
  "client_data_dir": "/home/cc/btsx/.BitSharesX",
  "client_version": "v0.4.16",
  "network_num_connections": 12,
  "network_num_connections_max": 200,
  "ntp_time": "2014-09-22T21:32:30",
  "ntp_time_error": -0.019689999999999999,
  "wallet_open": true,
  "wallet_unlocked": false,
  "wallet_unlocked_until": null,
  "wallet_unlocked_until_timestamp": null,
  "wallet_last_scanned_block_timestamp": null,
  "wallet_scan_progress": null,
  "wallet_block_production_enabled": null,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null
}
default (locked) >>> info
{
  "blockchain_head_block_num": 555312,
  "blockchain_head_block_age": "8 seconds old",
  "blockchain_head_block_timestamp": "2014-09-22T21:32:30",
  "blockchain_average_delegate_participation": "93.52 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_delegate_pay_rate": "2.19307 BTSX",
  "blockchain_share_supply": "1,999,999,999.79720 BTSX",
  "blockchain_blocks_left_in_round": 87,
  "blockchain_next_round_time": "at least 14 minutes in the future",
  "blockchain_next_round_timestamp": "2014-09-22T21:47:00",
  "blockchain_random_seed": "72a2e5b13c7efa04310038145f8951f62ab50043",
  "client_data_dir": "/home/cc/btsx/.BitSharesX",
  "client_version": "v0.4.16",
  "network_num_connections": 12,
  "network_num_connections_max": 200,
  "ntp_time": "2014-09-22T21:32:38",
  "ntp_time_error": -0.019691,
  "wallet_open": true,
  "wallet_unlocked": false,
  "wallet_unlocked_until": null,
  "wallet_unlocked_until_timestamp": null,
  "wallet_last_scanned_block_timestamp": null,
  "wallet_scan_progress": null,
  "wallet_block_production_enabled": null,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null
}
BTS- theoretical / PTS- PZxpdC8RqWsdU3pVJeobZY7JFKVPfNpy5z / BTC- 1NfGejohzoVGffAD1CnCRgo9vApjCU2viY / the delegate formerly known as drltc / Nothing said on these forums is intended to be legally binding / All opinions are my own unless otherwise noted / Take action due to my posts at your own risk

Offline tonyk

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Re: Current BTSX share supply over 2 billion?
« Reply #8 on: September 22, 2014, 09:38:18 PM »

2) Some white hat individuals who identified bugs and reported them to us privately after they exploited them.  We were able to fix the bugs without much being created.

Which white hats? The mysterious yet well acquainted with the code 'emf'?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.


Offline liondani

Re: Current BTSX share supply over 2 billion?
« Reply #10 on: September 22, 2014, 09:43:07 PM »

I just saw this thread, ran "info" twice and happened to see it cross back below 2 billion!  Here's a copy-paste with block numbers for posterity:

Code: [Select]
default (locked) >>> info
{
  "blockchain_head_block_num": 555311,
  "blockchain_head_block_age": "10 seconds old",
  "blockchain_head_block_timestamp": "2014-09-22T21:32:20",
  "blockchain_average_delegate_participation": "92.66 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_delegate_pay_rate": "2.19309 BTSX",
  "blockchain_share_supply": "2,000,000,001.77099 BTSX",
  "blockchain_blocks_left_in_round": 88,
  "blockchain_next_round_time": "at least 15 minutes in the future",
  "blockchain_next_round_timestamp": "2014-09-22T21:47:10",
  "blockchain_random_seed": "f328415b9decc04a75b559f9c2148d42f90d81c2",
  "client_data_dir": "/home/cc/btsx/.BitSharesX",
  "client_version": "v0.4.16",
  "network_num_connections": 12,
  "network_num_connections_max": 200,
  "ntp_time": "2014-09-22T21:32:30",
  "ntp_time_error": -0.019689999999999999,
  "wallet_open": true,
  "wallet_unlocked": false,
  "wallet_unlocked_until": null,
  "wallet_unlocked_until_timestamp": null,
  "wallet_last_scanned_block_timestamp": null,
  "wallet_scan_progress": null,
  "wallet_block_production_enabled": null,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null
}
default (locked) >>> info
{
  "blockchain_head_block_num": 555312,
  "blockchain_head_block_age": "8 seconds old",
  "blockchain_head_block_timestamp": "2014-09-22T21:32:30",
  "blockchain_average_delegate_participation": "93.52 %",
  "blockchain_confirmation_requirement": 1,
  "blockchain_delegate_pay_rate": "2.19307 BTSX",
  "blockchain_share_supply": "1,999,999,999.79720 BTSX",
  "blockchain_blocks_left_in_round": 87,
  "blockchain_next_round_time": "at least 14 minutes in the future",
  "blockchain_next_round_timestamp": "2014-09-22T21:47:00",
  "blockchain_random_seed": "72a2e5b13c7efa04310038145f8951f62ab50043",
  "client_data_dir": "/home/cc/btsx/.BitSharesX",
  "client_version": "v0.4.16",
  "network_num_connections": 12,
  "network_num_connections_max": 200,
  "ntp_time": "2014-09-22T21:32:38",
  "ntp_time_error": -0.019691,
  "wallet_open": true,
  "wallet_unlocked": false,
  "wallet_unlocked_until": null,
  "wallet_unlocked_until_timestamp": null,
  "wallet_last_scanned_block_timestamp": null,
  "wallet_scan_progress": null,
  "wallet_block_production_enabled": null,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null
}

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Offline starspirit

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Re: Current BTSX share supply over 2 billion?
« Reply #11 on: September 22, 2014, 09:53:12 PM »
Can management of the supply be automated within the network to avoid future error or potential manipulation? I have no technical expertise here, just wondering as a user.

Offline bytemaster

Re: Current BTSX share supply over 2 billion?
« Reply #12 on: September 22, 2014, 09:55:09 PM »
Can management of the supply be automated within the network to avoid future error or potential manipulation? I have no technical expertise here, just wondering as a user.

It is automated when the automation works :) 
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Offline Musewhale

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Re: Current BTSX share supply over 2 billion?
« Reply #13 on: September 23, 2014, 12:53:57 AM »
Yes, laddies and gentlemen, the BTSX supply is over 2 billion as a result of multiple bugs identified and fixed weeks ago.  The surplus supply will be burned from our own funds to return it to the proper supply.  We didn't want to spook people until we had the burn operation implemented so that we could correct it.

So where did this extra supply end up going?

1) Mostly to the delegates... our calculation of delegate pay was off and thus we miscalculated the running supply.   We stated earlier our intent to compensate delegates for the extra hard work they were doing, this particular bug just helped us do what we were planning on anyway.  Delegates running at a discount didn't have their pay burned like it was supposed to be.

2) Some white hat individuals who identified bugs and reported them to us privately after they exploited them.  We were able to fix the bugs without much being created.

This is a big event

I think our client is a serious commercial program

However, we have recently always be BUG problems

I think, this is not just a technical problem

I think this is the working procedures and testing procedures of the problem

I think there is no reasonable place there

To this problem, I have some suggestions:

We should establish a professional test team

Every code change, should pass their tests, and respect its views, then eventually released

@bytemaster I don't know whether you agree with it?

Or, have you ever thought about what better solution to do?

In short, we need a more rigorous



当初你说炒币不烧钱,现在我全家都怀疑我吸毒

Offline bytemaster

Re: Current BTSX share supply over 2 billion?
« Reply #14 on: September 23, 2014, 01:28:38 AM »
I agree. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
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.

 

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