BitShares Forum

Main => Technical Support => Topic started by: ncinic on January 13, 2016, 11:59:56 am

Title: Worker Proposal: Collateralized Bond Market?
Post by: ncinic on January 13, 2016, 11:59:56 am
When is the Collateralized Bond Market coming?
Title: Re: Worker Proposal: Collateralized Bond Market?
Post by: abit on January 13, 2016, 06:08:34 pm
It depends on how soon we will get enough fund for supporting the development of this feature.
Are you willing to fund it?
Title: Re: Worker Proposal: Collateralized Bond Market?
Post by: Akado on January 13, 2016, 08:07:53 pm
Like abit said, it depends on the funds.

We have two options:
1) Worker proposal, affecting BitShares' supply
2) External funding, like FBAs

You need to take into account that to have this implemented, on top of being something that isn't that easy as it was already mentioned, you would need to pay a premium. Why? Because CNX is busy with work and this of course would need to compensate lost opportunities. They could refuse future work from other company in order to work on this so it will be expensive.

The community doesn't like to pay for expensive things because it affects the supply of BitShares (not to say the ugly word) unless is something they deem worthy and it's really needed. This could fall under this category, however we don't even have an estimation on the price so it's not really worth speculating on it atm. Only after an estimation can we decide if it's worthy or not. And the opinions on this forum do not represent the majority of stakeholders. Could still give you an idea though.

@bytemaster when you have time could you present us with an estimation cost on this? I also would like to know so I can see if it's worth it or not implementing it after STEALTH and/or MAKER and start some discussion around it.
Title: Re: Worker Proposal: Collateralized Bond Market?
Post by: ncinic on January 18, 2016, 07:04:09 am
Depends on how much funding it needs? However, being as this feature is part of the core features stated on the Bitshares website shouldn't it be already implemented?
Title: Re: Worker Proposal: Collateralized Bond Market?
Post by: Akado on January 18, 2016, 09:51:40 am
Depends on how much funding it needs? However, being as this feature is part of the core features stated on the Bitshares website shouldn't it be already implemented?

Exactly the reason some people find it unfair and aren't particularly happy. They thought they would get those features as advertised, yet they still need to pay for it and wait for development. Lack of communication at that time I believe.. like how it happened multiple times.