You saying "definitely not acceptable" at this stage is definitely not helpful.

sorry for saying that, but 1% and 300 BTS is really scary, and it is not mentioned in the BSIP that the value is just an example.

1.扩大TCNY生态，争取时代尽快接受TCNY充值。
2.扩大TUSD生态，争取通过合作尽快实现TUSD提现。
3.开拓内外盘间做市，达到一定规模。

推荐人制度木已成舟，不太容易撼动，以我对这帮混蛋的了解，也许只有一个办法可能有用，那就是我首先成为一个比他们更成功的推荐人，为此，我希望能有个钱包自动给被推荐人赠送BTS的程序，实现比如bitcrab自动发送100个BTS给以bitcrab为推荐人注册的用户，每天10个名额。

继续推进BTS的去中心化，这很难，但很重要，我觉得，要么离开这里，要么正视这个问题，就算是象堂吉诃德大战风车那样也得干，刚刚在论坛发了一个建议：建议限制每个账户最多选3个理事，目的是限制一家独大的账户控制理事会。如果社区反应比较积极，接下去会发BSIP.希望大家能去跟帖表达自己的支持：https://bitsharestalk.org/index.php/topic,20858.0.html

What is exactly the problem you are trying to solve here? I think the system works as it should be working. Those who have the most BTS will have the most voting power.

Bigger problem right now is that we don't have enough high quality committee members. One reason is the lack of GUI for committee, I suspect that many aren't interested using the text client.

Correct if I'm wrong, but I have the understanding that when shareholders vote for committee, they don't vote only for individual members but for size of the committee also. If everybody votes for only three members, there won't be more than three members in the committee, and that's pretty much centralized then.

we have more people that can act as good committee members, such as @clayop, @Bhuz, but they are now not voted in.
on the contrary, we now have 5 inits accounts in the committee that taken the places.



one fact is, among the current 11 active committee members, I am the only one that do not depend on BM's support.
if one owns enough voting power, he can control all, and the necessary voting power is far less than 50%.
we can not call such a  platform a DAC. we need to make it a real DAC, this is the problem I want to solve.
everyone voting 3 committee members will not result in centralization, because it is clearly not always the same 3 be voted.

Quote from: sittingduck on January 02, 2016, 02:55:38 pm

We had this debate two years ago with agent 86. How we do it now is the same way as corps.  Your approach has weaknesses greater than those you are attempting to fix.

I can confirm this ..
what we need are committee members and or loyal proxies with more (combined) voting power than any attacker .. thats all we need

how can you differentiate loyal proxies and attackers? A user with 5% voting power is loyal proxy and with 3% voting power is attacker?

Quote from: bitcrab on January 02, 2016, 10:25:06 am

you have the right to select your way to make profit.
but please push/speed up the decentralizaiton  process of Bitshares.
now we have voting, it's more decentralized than 1.0 stage.
but it is still too centralized, one reason is the voting rule, as each account can vote as many committee members as he/she like. so if one person hold 5% of BTS, he can actually control the committee.
maybe we can restrict that one account can only vote at most 3 committee members, then it will do good to decentralization and prevent dictatorship.

Good idea. Rather than asking BM to do this, how about submit a proposal (perhaps a BSIP or "voting" worker proposal)? I think it's not hard to implement the limit but may need some efforts to maintain backward-compatibility.

seems some more discussion are needed before creating a BSIP-issue, let me post in a new thread.

main difference between BitUSD and TUSD:
       "feed_lifetime_sec": 86400/21600,
      "minimum_feeds": 7/3,
      "force_settlement_offset": 0/100,
      "maximum_force_settlement_volume": 2000/200,
     

like TCNY, the purpose to define TUSD is to make exact pegging possible, we believe exact pegging is necessary for merchant use and is possible with the help of gateway.

the force_settlement_offset of TUSD is 1%,  less than that of TCNY(2%),  we hope this can bring better liquidity.

transwiser plan to cooperate with gempay.com for withdrawing TUSD to bank as fiat. we hope this will benefit the promotion of smartcoin.

hope everyone enjoy it. @xeroc could you please update the price feed script for TUSD when you have time? thanks  a lot.

In all honesty, the referral program looks like a good idea on paper but in reality - atleast over the six past months we haven't been able to prove its viability or use.
In addition, basic economics would tell you , if an individual is required to spend money to access a system and then expect others within the network to use the syste to make money, it looks more or less like a ponzy scheme. Am not saying it is, am just stating what it looks like to the average consumer. In addition, it looks a lot similar to the time paypal decided to offer referrals, but paypal had a million USD to do this in its kitty, we barely have anything in terms of marketing spends and in addition expect any new players coming to the ecosystem to bear the expenses. Even when I asked who's doing this, we only had names of individuals who are already in our ecosystem. Which is a fair deal, but in terms of mass market acquisition, I still don't see it working when I look at the fees involved.

agree.
in Paypal referral program, the reward to the referrer is not from the referral, referral need not to pay more than the common transaction fee.
in Bitshares referral program, a new common user need not only to pay to the network, but also to the referrer.
so called viral growth is only in theory.

when I plan to run business on Bitshares, I do not need referral program,  I only hope the fee can be kept low enough. now although referrer can get some cashback from what the referral paid, but it is more difficult to persuade the new users to join.

Quote from: kenCode on December 25, 2015, 02:54:49 pm

Quote from: lil_jay890 on December 25, 2015, 02:35:32 pm

... I don't think bts would go to zero if they quit working on the project.  It's just code, its mit licensed, and any programmer could come in and start working on it.

It certainly could, though. Interesting this is being brought up today.
Just this morning I was skyped by a whale friend of mine in China who asked me...
 

[1:48:56 AM] : Do you know how to fork BTS ?
[1:48:56 AM] : we want to fork BTS
[1:48:56 AM] :
[1:48:56 AM] : For stock market use
[1:48:56 AM] : In China
[1:49:06 AM] : may need some help

 
If CNX doesn't keep their nose to the grindstone, the next fork might just hurt a bit more..

I think you should push him to use the current bts platform and develop on our chain instead of forking it.
What will you advise him to do?

I know the whale, even met him last week.
"forking BTS" is a little hotly discussed  these days in China.
most people agree that the BTS2.0 development is amazing, but the operation is not in good status.
seldom believe to run business in BTS is a good choice, people would rather adopt the technology developed by CNX.
this is the case...