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Messages - MrJeans

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16
Technical Support / what do people think of this patent
« on: June 15, 2016, 09:37:58 pm »
http://www.google.com/patents/US20140164251

In short it aims to patent the concept of UIAs

EDIT: Is there any prior art before 2012-08-16 which talks about users generating their own tokens on a blockchain system. Im sure their must be.

17
General Discussion / Re: NOW!!!You can remittance to Chinese customers via BitCNY
« on: June 15, 2016, 07:39:00 pm »
It would be very good to have a bridge where people can buy bitCNY or bitUSD using their Alipay or Wechat.
But I was concerned about regulation issues in China because Yunbi does not allow Alipay deposits anymore.

18
General Discussion / Re: NOW!!!You can remittance to Chinese customers via BitCNY
« on: June 14, 2016, 06:06:57 pm »
Quote from: 55 on June 13, 2016, 08:45:25 am
Quote from: MrJeans on June 08, 2016, 02:34:46 pm
Are you going to be creating an English option for the website?

I dont think I was following too well.
Is there a way for people to credit their Bitshares account with bitCNY using Alipay or WeChat?

This would be super cool, although I am unsure what regulation there might be around this.

Thanks for your advise ,These days we are going to do some work about English website,next week will be ok.
Great.
Is there a way for people to credit their Bitshares account with bitCNY using Alipay or WeChat?

19
Technical Support / Re: depressing...
« on: June 09, 2016, 03:18:50 pm »
Fantastic, that clears it all up. Thanks a lot!

20
Technical Support / Re: depressing...
« on: June 09, 2016, 01:13:56 pm »
Apologies Xeroc.
I have read this, just not sure exactly how it works.

So if I place an order to purchase a UIA, there will be no fee until a transaction is conducted (order is matched)?
Once the order is matched I would pay the % fee charged for the UIA I am purchasing, correct?
Where would the funds for that payment come from?
Would I receive 1% less of the UIA than my order asked for (if the fee is 1%)? Or would I need excess funds which would purchase additional UIA = 1% of my volume?

21
Technical Support / Re: depressing...
« on: June 09, 2016, 01:00:30 pm »
Quote from: xeroc on June 09, 2016, 06:36:14 am
Quote from: MrJeans on June 08, 2016, 08:43:17 pm
I didn't read about this. Wouldn't zero fees cause network attacking costs to reach zero?
As in sending thousands of transactions to the attackers self to bloat the network.
He probably referred to "rate-limited transactions" .. There you can send more often if you have more BTS ..
Ah alright. Thanks.
I've been looking for some documentation on how fees are charged for UIA (the fee set by the issuer).
Is there any info on this.

I read the info here: http://docs.bitshares.org/bitshares/user/assets-faq.html

However I am still a bit unsure on how this is paid.

So if I place an order to purchase a UIA, there will be no fee until a transaction is conducted (order is matched)?
Once the order is matched I would pay the % fee charged for the UIA I am purchasing, correct?
Where would the funds for that payment come from?
Would I receive 1% less of the UIA than my order asked for (if the fee is 1%)? Or would I need excess funds which would purchase additional UIA = 1% of my volume?

22
Technical Support / Re: depressing...
« on: June 08, 2016, 08:43:17 pm »
Quote from: Empirical1.2 on June 08, 2016, 03:00:34 pm
I think you could see BTS start to do very well again by November once the expensive merger/vesting period comes to an end.

Tweak some SmartCoin parameters, add the liquidity subsidies some in the community have been working on and possibly also a yield promotion. Ideally margin trading too. And you have a very low inflation, powerful DEX with popular and liquid BTS backed SmartCoins which I think will be the driving force behind BTS growth and bootstrapping the DEX for a range of other products and services.

Quote from: Empirical1.2 on March 28, 2016, 10:26:09 pm
Quote from: -banano- on March 28, 2016, 10:04:52 pm
Thank you Bytemaster for finalizing a roadmap...

step 1: implement zero fees
step 2: subsidize liquidity
step 3: implement margin trading and simplify initial visible smartcoin markets to:

bitUSD/BTS
bitGOLD/BTS
bitGOLD/bitUSD


 +5% Sounds good
I didn't read about this. Wouldn't zero fees cause network attacking costs to reach zero?
As in sending thousands of transactions to the attackers self to bloat the network.

23
General Discussion / Re: NOW!!!You can remittance to Chinese customers via BitCNY
« on: June 08, 2016, 02:34:46 pm »
Are you going to be creating an English option for the website?

I dont think I was following too well.
Is there a way for people to credit their Bitshares account with bitCNY using Alipay or WeChat?

This would be super cool, although I am unsure what regulation there might be around this.

24
Technical Support / Re: depressing...
« on: June 08, 2016, 02:20:16 pm »
The original vision was to create a decentralized exchange...

...shortly thereafter, and at a low development cost (because developers worked for free a lot of the time)....

we have a decentralized exchange.

25
General Discussion / Re: [ANN] BlockPOS -Your favorite store can now accept any crypto thanx to Bitshares
« on: June 01, 2016, 07:23:12 pm »
Quote from: MrJeans on May 31, 2016, 09:38:43 pm
Fantastic stuff.
So if there are no fees, how do you make an income off the service?

Thank you MrJeans :)
The small network fee is charged to the user, not the merchant:
https://steemit.com/crypto-news/@kenCode/smartcoins-pos-the-free-way-for-companies-to-accept-crypto-currencies
[/quote]
Makes sense.
This would be really great in Zimbabwe, where the local currency has defaulted and people use up to 13 other currencies. 4 official currencies. If people could pay in whichever currency they want and the merchant accept in the currency they want...

26
General Discussion / Re: [ANN] BlockPOS -Your favorite store can now accept any crypto thanx to Bitshares
« on: May 31, 2016, 09:38:43 pm »
Fantastic stuff.
So if there are no fees, how do you make an income off the service?

27
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: May 21, 2016, 09:52:57 pm »
Quote from: bitsharesbrazil on May 21, 2016, 06:25:52 pm
Is safe to save my backup.bin direct in my email acccount? Could it be compromised anyway or could email provider know that im using bitshares? Would they delete it?
The wallet alone should be safe (this contains your private keys which are encrypted with your password).
Your wallet requires the password to access the private keys. If your password is strong and secured offline then it should be fine.
Make sure you have a good password and always store your wallet files and passwords separately. I would also not keep digital copies of my passwords.

28
Technical Support / Re: Is it possible to destroy some of your UIA?
« on: May 18, 2016, 10:47:06 am »
Thanks guys  :)

29
Technical Support / Is it possible to destroy some of your UIA?
« on: May 17, 2016, 05:07:18 pm »
I was looking at how the fees worked on UIAs.
I see that a token can get transferred back to the issuer through transaction fees paid.

However, what if the issuer wants to take the token out of existence on receiving it.
Or simply remove tokens the issuer issued to himself thereby reducing the number of issued tokens.

Is this possible to do?

EDIT: I see the option to 'reserve asset'. Is this the equivalent of burning/destroying it?

30
Technical Support / Re: 2-FA
« on: May 17, 2016, 05:03:11 pm »
A 2FA could be set up by adapting a mobile wallet.
The 2-FA could be another account on the mobile wallet with X% of the weight required to make a transaction.
The threshold could be set at 100% so you would always need your mobile to allow transactions to go through.

The mobile 2FA account could be simplified so the user does not see all the other stuff only signs in and gives permissions.

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