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Messages - pc

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196

If you want to help animals, start by saving their planet and stop using POW.

+1 !

197
General Discussion / Re: conditional payment feature?
« on: February 25, 2018, 01:12:26 pm »
It should be noted that escrow is already possible by using a dedicated account for each escrow operation (such accounts can be re-used for subsequent escrows).

198
Stakeholder Proposals / Re: BSIP 36 proposal - Remove expired feeds
« on: February 25, 2018, 01:08:26 pm »
Will committee members and private price feed publishers be affected too?

Accounts will not be affected at all. The proposal is to remove expired feeds from the internal data structure of each bitasset, no matter who originally published that feed.

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.

The max age is configurable per asset. This will be taken into account when deciding what to remove, of course.

199
Random Discussion / Re: New Coin in the Market PROMOTION- ETHPLUS
« on: February 25, 2018, 08:05:04 am »
You could at least try to spell Ethereum correctly when writing up your SPAM posts.

200
Stakeholder Proposals / Re: BSIP 36 proposal - Remove expired feeds
« on: February 25, 2018, 07:59:54 am »
We're not talking about actual history here, just leftover feeds from people who are no longer witnesses.

A history of settlement prices would be interesting, we could add that to ES. But that's a different subject.

201
Muse/SoundDAC / Re: Couldn't claim Muse from BTS wallet
« on: February 25, 2018, 07:57:29 am »
It's a problem with the GUI. You can claim through cli_wallet, or wait until the website is fixed.

202
Stakeholder Proposals / Re: BSIP 36 proposal - Remove expired feeds
« on: February 23, 2018, 09:16:15 pm »
I think in the long run this will be an important change for keeping nodes healthy. Full ACK.

203
Stakeholder Proposals / Re: BSIP 37 proposal - Extend created asset names
« on: February 23, 2018, 09:14:02 pm »
Thanks Alfredo! IMO this proposal absolutely makes sense, will support it.

204
General Discussion / Re: A proposal to update the margin call process
« on: February 05, 2018, 02:24:32 pm »
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.

When BTS is going up it is unlikely that there are any margin calls that could be "exploited" like this. Also, the volume of buying up a single margin call will usually be too low to influence the price one way or another.

IMO we shouldn't make the margin call algorithm more complicated than necessary. Just match full orders until the call price is safe again.

205
General Discussion / Re: A proposal to update the margin call process
« on: February 04, 2018, 04:24:18 pm »
IMO it's a bad idea to split one short into two, because the lower collateralized one is more likely to cause a black swan.

But I agree that it is not really required the the whole position is margin called. In fact I think the current implementation is flawed in that regard. It would normally be sufficient to sell *some* of the collateral to cover the debt. As long as the price is better than the collateral ratio (CR) of the short position, the CR will improve through such trades, and can eventually move out of margin call territory. At this point, the short position should no longer automatically buy back the debt. The current implementation continues to do so. This should be fixed.

206
General Discussion / Re: coin days earned
« on: January 24, 2018, 02:29:30 pm »
As a lifetime member you receive a cashback of all fees you pay, and part of all fees paid by members you have referred. That cashback is paid into a vesting balance, from which you can withdraw it after it has accumulated 90 (I think) "coin days".

"coin days" is simply the amount of BTS in your vesting balance, multiplied with the number of days it has been sitting there. So if you receive 1 BTS cashback today, it will have accumulated 1 coin day by tomorrow,, and it will have accumulated 90 coins days in about 3 months, at which time you can withdraw it. You could also withdraw 0.5 BTS after 45 days, or 1/90th BTS tomorrow. That would consume your accumulated coin days, which means you'd have to wait another 90 days to withdraw the rest.

207
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.

Yes, it is more complex, because what you're trying to do is more complex. You want to coordinate multiple independent signers. That's what proposals are made for.

Fees are paid by the party who creates the respective transaction. I. e. whoever creates the proposal has to pay the creation fee, whoever updates it has to pay the update fee.

Why not just make GRAPHENE_DEFAULT_MAX_TIME_UNTIL_EXPIRATION long enough like the same 4 weeks as proposal max time until expiration?

Nodes must remember all unexpired transactions to prevent replay attacks. Increasing the allowed expiration time means higher resource usage on all nodes.

208
Use a proposal instead.

209
Stakeholder Proposals / Re: [Witness Proposal] - South Africa
« on: January 21, 2018, 09:24:30 am »
:-( Please reconsider. You have shown initiative, you have the skills, and you seem to quickly grasp how things work. I'd say we have active witnesses in the list who lack in more than of these regards. We need more witnesses than we have, and the pay is quite generous.

I know the lobbying part sucks for technically oriented people. And it's especially difficult for newcomers. But be persistent - all it takes is to convince some of the voting proxies. I've already voted for you.

210
General Discussion / Re: Help me understand User Issued Assets
« on: January 18, 2018, 08:33:28 pm »
Possibly because you have created a market-pegged asset. Nobody knows though, because you're not telling us which asset you're talking about.

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