Currently BTS suffer big problems in several sides.
bitCNY and bitUSD devalued greatly, bring big loss to holders and hurt reputation a lot.
Most of the workers are voted down, core team do not have a clear future, some members are considering to leave.
China community and Western community conflict in some key problems.
Bitshares is in a dilemma, Bithares need to find a way to reborn.
Bitshaes has flaws from initial design, simply speaking:
1.smartcoins operation request BTS be robust in price, otherwise shorting attack will have chance to make smartcoin crash, as well as BTS.
2.worker proposal also request BTS be robust in price, otherwise the inflation also have chance to make BTS crash in bear market.
China community press "STOP" in a simple and crude way, it really "stop" the problems but what we need is to solve the problems.
In my view, we need some shift on paradigm, at this moment we need to focus on how to make BTS generate enough income to sustain BTS price.
Based on this idea, I have a simple review on the candidate BSIPs and classify them into 3 categories:
Class A: BSIPs that will help to generate system income directly, and are in controlled development cost and risk.
BSIP74:Margin Call Fee Ratio
BSIP86: Share market fees to the network
BSIP81: Simple Maker-Taker Market Fees
BSIP85:Maker Order Creation Fee Discount
Class B: BSIP - irrelevant to generating income directly, however is important and in low development cost and risk
BSIP62: Close Short Position
BSIP71: Add "Prevent Global Settlement" Flag for Smartcoin
BSIP73: Match Force-Settlement Orders with Margin Calls and Limit Orders
BSIP61: Operation to Update Limit Orders
BSIP39: Automatically approve proposals by the proposer
BSIP64: Optional HTLC preimage length, HASH160 addition, and memo field
Class C: BSIP - too complicated, uncontrollable development cost and risk, or the feature is not important and in early stage.
BSIP70: Peer-to-Peer Leveraged Trading
BSIP69: Additional Assert Predicates
BSIP57:Managed Vesting Balances
BSIP22: Vote Decay for Witnesses, Committee Members & Proxies
BSIP47: Vote Proxies for Different Referendum Categories and explicit voting operation
BSIP45: Add bitAsset Backing Collateral flag/permission
In my view, we can put BSIPs in Class A and also some in Class B into a package and request core team to work on it, maybe a independent worker is necessary for that.
Committee, core team, witnesses, cn-vote, BEOS and also other big proxies, please review this post and share your ideas, sufficient discussion and strong consensus and needed for optimize and apply this plan.