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Technical Support / Re: Where does the interest come from?
« on: December 07, 2014, 07:02:09 pm »
It comes from shorts who borrowed the BitAsset into existence and it comes from transaction fees on that asset.
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This will be the LAST block produced on December 14th UTC. I will not ask any exchanges to honor the snapshot and will ask everyone who wants to participate in it to remove it from the exchanges. In fact I will go so far as to declare that the exchanges OWN the snapshot of funds deposited in them as an incentive for them to list Sparkle and to reward them for supporting the BitShares ecosystem.
I think you should be more considerate of users who are still having connecting and syncing issues with their wallets and have no choice but to keep their funds in exchanges till the next stable release.
To confirm, the first 100 million SPK are allocated equally to BTS, AGS & PTS. Correct?
My personal opinion is that you should never vote in a system that is rigged/unprovable on the principle that your "vote" may or may not actually be counted but your participation is certainly counted on to give the result legitimacy.
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I respect this position, but I think it's flawed. The issue is the implication that higher participation can somehow give the result legitimacy or moral weight.
I would argue that it can't, and thus that voting is an amoral act of self expression. Certainly a very limited form of self expression, and one that's frequently taken out of context by those claiming it grants them extra moral rights, but the fact that others misquote you and take your words out of context is not an evil act on your part.
Is allocation fixed? I'm wondering how much is earmarked for testnet miners.