The real question is: why the hell do you need those witnesses? Why can't you just feed your own index to your own coin?
Yes I can and I did during the testing phase.
Would would happen if I successfully grow this new market and people start realizing that I can, any tine I want, play with the value of my index and dishonestly make money on my owm market
I didn't wanted to create a fun smartcoin to play with or a toy for this community. I wanted an reliable, robust and trustless cryptocurrency index fund.
We found a way do it. The composition of the index is publish in the BitShares blockchain and the witness will read this composition so he can built the price. That way, we can monthly send the new composition in the blockchain but any attempt to game our own index would be publicly seen.
There is a couple more parameters publish in the blockchain. The details wil be avaioable in the website after launch.
Trust and centralisation problems solved and you can talk seriously with people with deep pockets.
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