BitShares Forum
Main => General Discussion => Topic started by: alt on January 08, 2016, 02:47:24 am
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currently, all fees earned by the network belong to this account 'committee-account'
this account is controled by 11 committee
but the committes don't have enough authority, the money don't belong to them.
I suggest two changes to privated BTS:
1. all fees earned should belong to committees, seperate by the vote weight.
2. 1 BTS can only vote for 1 committee.
after the change, big capital can got chance to get profit from BTS, they will buy BTS to become the committee,
they will hired pro group to maintain the business, hired more programer to help develop
public ownership is the most evil system.
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What a f**k good point
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I don't understand your issue or your solution alt. Not all fees belong to the committee. Only the fee pool conversions as far as I know. You are definitely more knowledgeable than I. Let me know if my understanding is incorrect.
Also I don't get your solution. Please expand.
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I mean we should give the profit from network fees to big holders,
big holders will find way to make more profit, build better business, hired more develop
more capital will have interesting to become a big holder.
people will try to help BTS, fight for BTS only when they owned BTS.
now nobody owned BTS, so nobody have responsibility to help BTS,
even BM have to ask for pay for working for BTS.
and even nobody willed to pay for BM for the developing,
because BTS is not anybody's child.
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Interesting idea
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GOOD IDEA！
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GOOD IDEA！
+5% +5% +5%
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Bitshares is supposed to be a neutral platform for all businesses. The mission of the committee is to decide optimal blockchain parameters so that the Bitshares DAC itself can be profitable. Committee is not supposed to make favors to any spesific businesses which would certainly happen if this was implemented.
We already have a way for businesses to privatize most of the profits of a feature: FBA. Isn't that enough?
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I think a return to dividends per share would be good..
I don't think these profits should do through the committee account
What's your opinion on the discussion of liquidity in the committee telegram channel alt?
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I think technically the committee can already do this NOW. It's possible to propose a transfer from the committee account to another account, then vote for it, so technically the one who can vote in most committee members is able to transfer fund to her own account. So how about voting apathy?
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I mean we should give the profit from network fees to big holders,
You propose returning to a plain POS model?
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Bitshares is supposed to be a neutral platform for all businesses. The mission of the committee is to decide optimal blockchain parameters so that the Bitshares DAC itself can be profitable. Committee is not supposed to make favors to any spesific businesses which would certainly happen if this was implemented.
We already have a way for businesses to privatize most of the profits of a feature: FBA. Isn't that enough?
This!
the ops proposal makes things way to political IMHO. A business capable of staying elected as a committee member should be payed by the feed EVERYONE pays when using bitassets .. it just doesnt sound right .. if they want to have thr business that way, thay can create a UIA
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this is what BTS become.
https://en.wikipedia.org/wiki/Politburo_of_the_Communist_Party_of_the_Soviet_Union