Author Topic: Are feeds temporary?  (Read 1624 times)

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Offline bytemaster

Allowing reverse shorting would potentially eliminate the need for feeds at scale. 

Combine this with a very short time horizon on the short position of 1 day and people will only speculate on short term deviations and not the long term direction. 

You would need to restore the depth requirement and moving avg until the market was robust. 
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Offline bitcoinerS

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Hopefully feeds are indeed temporary and some time in the future we wont use them.
>>> approve bitcoiners

Offline BldSwtTrs

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When BTSX will grow, the stakes will get higher and the incentive to manipulate the feeds will increase, what is the mechanism that mitigate this threat?
That's why we have voting and decentralized delegates .. if you collude and manipulate the feed, they will be voted out by stakeholders
That's mitigate the risk of collusion by delegates but what prevent the honest delagates to be cheated by corrupt feeds?

If the integrity of several feed sources are corrupted altogether due to an attack of a malicious actor it could take a while before shareholders and delegates figure out what is happenning and in the meantime monetary losses will occur.
« Last Edit: September 28, 2014, 01:11:17 pm by BldSwtTrs »

Offline liondani

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. if you collude and manipulate the feed, they will be voted out by stakeholders



I make the devils lawyer and ask:

Is it maybe to late then? Could the damage be too big for the network,  before it manages to "fire"/vote out the colluding delegates?

Offline xeroc

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Is the use of feeds to prevent shorting BitAssets when their value go too low a temporary solution or something that will last?

Take a look at this discussion:
https://bitsharestalk.org/index.php?topic=9348.msg121019#msg121019

Quote
When BTSX will grow, the stakes will get higher and the incentive to manipulate the feeds will increase, what is the mechanism that mitigate this threat?
That's why we have voting and decentralized delegates .. if you collude and manipulate the feed, they will be voted out by stakeholders

Offline BldSwtTrs

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Is the use of feeds to prevent shorting BitAssets when their value go too low a temporary solution or something that will last?

When BTSX will grow, the stakes will get higher and the incentive to manipulate the feeds will increase, what is the mechanism that mitigate this threat?