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Beyond Bitcoin [closed] / Re: VEGGIECOIN A Cryptocurrency That Helps Animals!!
« on: February 28, 2018, 02:13:39 pm »
If you want to help animals, start by saving their planet and stop using POW.
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If you want to help animals, start by saving their planet and stop using POW.
Will committee members and private price feed publishers be affected too?
What is the max age of a price feed? Some MPA like XCD (http://open-explorer.io/#/assets/XCD) only need a feed published once per year.
I think that hurts the BTS price when the whole market is going up. Clever traders can bet on the markets rising (all cryptos are connected in that somehow) and simply buy the whole margin call order without driving up the BTS price accordingly, which is bad for all BTS holders.
Thanks. I've had a look at proposal and seems it's more complex and costs more if I understand correctly. Please correct me if I'm wrong.
Say I have a "multisig" account which is controlled in 2/3 way with active and owners PkA,PkB and PkC. What I want is simply transfer fund from "multisig" account to "someone".
To my understanding,
1. I need a transaction which contains proposal_create_operation. I don't even know who will pay the fee as I have only the multisig account.
2. I need PkA to sign a transaction containing proposal_update_operation to add his/her approval, again I don't know which account to pay the fee.
3. I need PkB to sign a transaction containing proposal_update_operation to add his/her approval, again where can PkB pay the fee.
4. The proposal executes.
As I understand, this will be more complex and fee is about <0.0277 BTS for proposal create + 2*0.00092 BTS for proposal update> where as simple transfer costs about 0.0033 BTS. The proposal way will cost about 10x of simple transfer.
Why not just make GRAPHENE_DEFAULT_MAX_TIME_UNTIL_EXPIRATION long enough like the same 4 weeks as proposal max time until expiration?