BitShares Forum
Main => General Discussion => Topic started by: bitmeat on July 20, 2014, 08:46:44 pm
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Let's diversify a bit and set the tone here, if there is burn of the fees, it will increase the value of BTSX. Shareholders should welcome that.
I've set mine to +5%. Which means 95% of the fees will be income for shareholders! Thank you!
Please vote for kpd-1.
Also if you are 50% or less delegate, post yours here.
wallet_approve_delegate kpd-1
After you make your vote selections make sure you send your entire balance to yourself, otherwise you are not really voting.
Worth a 1000 words:
(http://i.imgur.com/QAlQfCJ.png)
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NAME APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
james9876 0.0128905372 % 0 0 N/A 0 % 0.00000 BTSX NONE
viv 0.1385112423 % 0 0 N/A 1 % 0.00000 BTSX NONE
woolcii 0.1385106373 % 0 0 N/A 1 % 0.00000 BTSX NONE
xeldal2 0.3083486802 % 31 1 96.88 % 5 % 5.13376 BTSX 12650
kpd-1 0.2143958056 % 0 0 N/A 5 % 0.00000 BTSX NONE
riverheaddelserv1 0.0015001071 % 0 0 N/A 5 % 0.00000 BTSX NONE
dele-puppy 0.0003306506 % 0 0 N/A 10 % 0.00000 BTSX NONE
xeldal 0.3599330747 % 36 4 90.00 % 15 % 6.50748 BTSX 12680
enki 0.3083486761 % 29 1 96.67 % 15 % 5.05251 BTSX 12708
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Even better! Voting.
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Dele-puppy is set at a 10% rake. For that 10% I will help secure the network with my delegate as well as run another full node as a seed node 95.85.33.16:8764. That is all I intend to do with these fees. The remaining 90% will be destroyed as a dividend for all share holders. I do not believe I have a better way of spending those funds than you do.
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I intend to write tools for delegates. But for that I want to become one so I can experiment.
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Dele-puppy is set at a 10% rake. For that 10% I will help secure the network with my delegate as well as run another full node as a seed node 95.85.33.16:8764. That is all I intend to do with these fees. The remaining 90% will be destroyed as a dividend for all share holders. I do not believe I have a better way of spending those funds than you do.
+5% Have been already voting for you.
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Let's diversify a bit and set the tone here, if there is burn of the fees, it will increase the value of BTSX. Shareholders should welcome that.
I've set mine to 50%. Thank you!
Please vote for kpd-1.
Also if you are 50% or less delegate, post yours here.
wallet_approve_delegate kpd-1
+5% just voted for you
ID NAME (* next in line) APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
=============================================================================
335 spartako 0.1550836217 % 18 1 94.74 % 50 % 0.79913 BTSX 9370
338 spartako1 0.1529347439 % 20 0 100.00 % 50 % 0.76373 BTSX 9342
337 spartako2 0.1529312456 % 18 2 90.00 % 50 % 0.91620 BTSX 9324
336 spartako3 0.1529312341 % 18 1 94.74 % 50 % 0.68538 BTSX 9352
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Voted. Also noticed that unless you do a transaction after your voting, it won't really propagate the votes. Is that the case?
I sent 1 XTS to someone, then the transaction included all my vote selections as well.
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Voted. Also noticed that unless you do a transaction after your voting, it won't really propagate the votes. Is that the case?
I sent 1 XTS to someone, then the transaction included all my vote selections as well.
Yes the action of voting is performed when you make a transaction and it is proportional to the amount of transaction.
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Voted. Also noticed that unless you do a transaction after your voting, it won't really propagate the votes. Is that the case?
I sent 1 XTS to someone, then the transaction included all my vote selections as well.
Yes the action of voting is performed when you make a transaction and it is proportional to the amount of transaction.
So if you send all your balance between your accounts, then THAT is the amount that's being voted?
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Voted. Also noticed that unless you do a transaction after your voting, it won't really propagate the votes. Is that the case?
I sent 1 XTS to someone, then the transaction included all my vote selections as well.
Yes the action of voting is performed when you make a transaction and it is proportional to the amount of transaction.
So if you send all your balance between your accounts, then THAT is the amount that's being voted?
Yes, You can also send to same account:
wallet_transfer 100000 BTSX kpd-1 kpd-1
and then you can check with the command:
wallet_account_vote_summary
the votes to delegates
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Well I just voted with like 1M BTSX for all of you < 50% :) Please do the same. - transfer your entire balance to yourself so we all get our votes to count.
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Well I just voted with like 1M BTSX for all of you < 50% :) Please do the same. - transfer your entire balance to yourself so we all get our votes to count.
I had voted for you 2.8M but it is not enough :(
default (unlocked) >>> wallet_account_vote_summary
DELEGATE VOTES
================================================
kpd-1 285809797269
1066 kpd-1 0.2081453478 % 0 0 N/A 50 % 0.00000 BTSX NONE
335 spartako 0.2063876381 % 18 1 94.74 % 50 % 0.79913 BTSX 9370
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I have a a dedicated Ubuntu 14.04 server running a 5% delegate. Please vote riverheaddelserv1 :)
I'm also going to task another server to be a seed. I'll put the seed address in my sig when complete.
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>> wallet_account_vote_summary
DELEGATE VOTES
================================================
bm86 8500000000
dele-puppy 8500000000
james9876 8500000000
lowfee-10prcnt 9000938031
viv 8500000000
woolcii 8500000000
!!!Sorry my threshold is 15% max!!!
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You know how did I not think of it before...
The secret sauce is ... wait for it ... +5% :D
I'm changing mine to 5%. I think this is it. Running a digital signature tool 24/7 is not a rocket science.
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Done.
>> wallet_account_vote_summary
DELEGATE VOTES
================================================
bm86 13734020000
dele-puppy 13734020000
james9876 13734020000
kpd-1 12500000000
lowfee-10prcnt 14234958031
viv 13734020000
woolcii 13734020000
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Noob question - how do I change my %? I'll go down to 5%. I'm really more interested in supporting the network and seeing where this goes than making money off it.
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Noob question - how do I change my %? I'll go down to 5%. I'm really more interested in supporting the network and seeing where this goes than making money off it.
Go to your account - click Edit.
Then select Delegate, and adjust the %. If you are already registered you should not be charged a fee for delegate registration, but you will still be charged a small transaction fee for the change.
I think you can only go down in % not up for a delegate.
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Noob question - how do I change my %? I'll go down to 5%. I'm really more interested in supporting the network and seeing where this goes than making money off it.
Go to your account - click Edit.
Then select Delegate, and adjust the %. If you are already registered you should not be charged a fee for delegate registration, but you will still be charged a small transaction fee for the change.
I think you can only go down in % not up for a delegate.
So you're effectively re-registering? I'm using a CLI on the delegate server via ssh:
UPDATE: This worked! Now 5% :D
I'm thinking:
wallet_account_update_registration riverheaddelserv1 riverheaddelserv1 null 5
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not exactly re-registering because I did not get charged 8 XTS for the delegate registration fee. but did get charged 0.1 XTS for transaction itself.
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NAME APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
james9876 0.0128905372 % 0 0 N/A 0 % 0.00000 BTSX NONE
viv 0.1385112423 % 0 0 N/A 1 % 0.00000 BTSX NONE
woolcii 0.1385106373 % 0 0 N/A 1 % 0.00000 BTSX NONE
xeldal2 0.3083486802 % 31 1 96.88 % 5 % 5.13376 BTSX 12650
kpd-1 0.2143958056 % 0 0 N/A 5 % 0.00000 BTSX NONE
riverheaddelserv1 0.0015001071 % 0 0 N/A 5 % 0.00000 BTSX NONE
dele-puppy 0.0003306506 % 0 0 N/A 10 % 0.00000 BTSX NONE
xeldal 0.3599330747 % 36 4 90.00 % 15 % 6.50748 BTSX 12680
enki 0.3083486761 % 29 1 96.67 % 15 % 5.05251 BTSX 12708
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Maybe we should include also (in separate list though) delegates giving 95%+ to some cause if they do it :
-In clear and verifiable way
Like this guy: https://bitsharestalk.org/index.php?topic=5878.0
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Thanks everyone for the votes. I have reciprocated with my very small stake. If nothing else I am very pleased to see a discussion on delegate burn rate.
I am concerned with the current delegate state, and I am not sure if it will get better or worse as the network grows. We are the early adopters, and we have chosen to elect what to the best of my knowledge is at most 23 individuals to secure the network while keeping 98% of the fees. I know it's still very early, but at this point this seems like the same old same old, rich get richer, funnel the money to my buddy game.
wallet (unlocked) >>> blockchain_list_delegates 0 101
ID NAME (* next in line) APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
============================================================================================================================
266 testz 4.1826382002 % 122 19 86.52 % 100 % 57.81433 BTSX 15372
313 jabbajabba 3.9854920147 % 93 5 94.90 % 50 % 26.80904 BTSX 15353
318 clout-delegate2 3.9160650190 % 100 9 91.74 % 100 % 63.82276 BTSX 15392
317 clout-delegate1 3.9160648751 % 96 11 89.72 % 100 % 60.94487 BTSX 15364
321 clout-delegate4 3.9160648370 % 100 12 89.29 % 100 % 60.18352 BTSX 15434
320 clout-delegate5 3.9160648217 % 97 15 86.61 % 100 % 59.87783 BTSX 15416
319 clout-delegate3 3.9160645834 % 89 17 83.96 % 100 % 55.11108 BTSX 15352
307 daslab 3.9030985463 % 131 25 83.97 % 100 % 58.49799 BTSX 15370
299 bitsuperlab 3.9030485139 % 152 5 96.82 % 100 % 58.82523 BTSX 15431
28 init27 3.8980486288 % 168 0 100.00 % 100 % 68.36056 BTSX 15420
64 init63 3.8980485484 % 163 0 100.00 % 100 % 66.75180 BTSX 15366
45 init44 3.8980485245 % 159 0 100.00 % 100 % 66.27469 BTSX 15384
27 init26 3.8980485180 % 160 0 100.00 % 100 % 66.14471 BTSX 15390
95 init94 3.8980485155 % 162 0 100.00 % 100 % 66.09374 BTSX 15395
53 init52 3.8980485017 % 163 1 99.39 % 100 % 65.81770 BTSX 15363
49 init48 3.8980485010 % 163 0 100.00 % 100 % 65.80363 BTSX 15354
87 init86 3.8980485001 % 166 2 98.81 % 100 % 65.78610 BTSX 15373
5 init4 3.8980484954 % 164 0 100.00 % 100 % 65.69144 BTSX 15389
42 init41 3.8980484881 % 160 1 99.38 % 100 % 65.54527 BTSX 15385
14 init13 3.8980484804 % 160 0 100.00 % 100 % 65.39231 BTSX 15411
40 init39 3.8980484554 % 161 1 99.38 % 100 % 64.89138 BTSX 15440
22 init21 3.8980484550 % 162 0 100.00 % 100 % 64.88410 BTSX 15422
25 init24 3.8980484445 % 166 0 100.00 % 100 % 64.67347 BTSX 15438
55 init54 3.8980484364 % 164 3 98.20 % 100 % 64.51279 BTSX 15418
24 init23 3.8980484303 % 159 0 100.00 % 100 % 64.38942 BTSX 15387
29 init28 3.8980484213 % 159 0 100.00 % 100 % 64.21063 BTSX 15442
12 init11 3.8980484046 % 162 2 98.78 % 100 % 63.87668 BTSX 15429
34 init33 3.8980483904 % 159 0 100.00 % 100 % 63.59167 BTSX 15403
65 init64 3.8980483873 % 159 0 100.00 % 100 % 63.52925 BTSX 15415
32 init31 3.8980483612 % 160 1 99.38 % 100 % 63.00847 BTSX 15378
75 init74 3.8980483600 % 161 0 100.00 % 100 % 62.98389 BTSX 15408
54 init53 3.8980483573 % 158 0 100.00 % 100 % 62.93005 BTSX 15369
23 init22 3.8980483558 % 156 0 100.00 % 100 % 62.90066 BTSX 15362
59 init58 3.8980483551 % 158 0 100.00 % 100 % 62.88669 BTSX 15443
6 init5 3.8980483295 % 158 1 99.37 % 100 % 62.37490 BTSX 15424
26 init25 3.8980483035 % 159 0 100.00 % 100 % 61.85422 BTSX 15368
62 init61 3.8980482999 % 158 0 100.00 % 100 % 61.78238 BTSX 15430
68 init67 3.8980482935 % 155 0 100.00 % 100 % 61.65461 BTSX 15358
86 init85 3.8980482894 % 158 0 100.00 % 100 % 61.57281 BTSX 15365
44 init43 3.8980482834 % 158 0 100.00 % 100 % 61.45250 BTSX 15402
82 init81 3.8980482619 % 160 0 100.00 % 100 % 61.02161 BTSX 15355
56 init55 3.8980482385 % 157 4 97.52 % 100 % 60.55359 BTSX 15441
31 init30 3.8980482322 % 157 4 97.52 % 100 % 60.42878 BTSX 15379
67 init66 3.8980482310 % 157 1 99.37 % 100 % 60.40457 BTSX 15439
77 init76 3.8980482296 % 157 0 100.00 % 100 % 60.37612 BTSX 15374
63 init62 3.8980482120 % 158 1 99.37 % 100 % 60.02373 BTSX 15382
13 init12 3.8980481827 % 159 3 98.15 % 100 % 59.43902 BTSX 15359
58 init57 3.8980481715 % 157 3 98.12 % 100 % 59.21498 BTSX 15421
1 init0 3.8980481712 % 157 3 98.12 % 100 % 59.20912 BTSX 15380
35 init34 3.8980481398 % 157 3 98.12 % 100 % 58.06113 BTSX 15410
74 init73 3.8980481382 % 157 4 97.52 % 100 % 58.54875 BTSX 15432
10 init9 3.8980481093 % 155 5 96.88 % 100 % 57.97048 BTSX 15405
19 init18 * 3.8980481064 % 155 3 98.10 % 100 % 57.91299 BTSX 15323
15 init14 3.7728060476 % 156 0 100.00 % 100 % 67.99670 BTSX 15397
98 init97 3.7728059477 % 151 3 98.05 % 100 % 65.99869 BTSX 15419
9 init8 3.7728059169 % 152 0 100.00 % 100 % 65.38155 BTSX 15361
60 init59 3.7728058618 % 151 1 99.34 % 100 % 64.28122 BTSX 15371
43 init42 3.7728058242 % 152 1 99.35 % 100 % 63.52932 BTSX 15393
71 init70 3.7728057786 % 150 1 99.34 % 100 % 62.61591 BTSX 15376
81 init80 3.7728057630 % 148 0 100.00 % 100 % 62.30506 BTSX 15391
89 init88 3.7728057329 % 150 3 98.04 % 100 % 61.70278 BTSX 15433
69 init68 3.7728056729 % 148 3 98.01 % 100 % 60.50188 BTSX 15423
73 init72 3.7728056166 % 147 2 98.66 % 100 % 59.37791 BTSX 15437
66 init65 3.7728055753 % 147 2 98.66 % 100 % 58.55081 BTSX 15436
85 init84 3.7728054180 % 143 5 96.62 % 100 % 55.40439 BTSX 15314
306 delegated-proof-of-steak 2.9719374371 % 147 6 96.08 % 100 % 53.15121 BTSX 15357
2817 skynet 1.5785178924 % 58 1 98.31 % 100 % 59.20189 BTSX 15407
5284 deepbit 1.5785165125 % 28 1 96.55 % 100 % 34.74607 BTSX 15398
5283 slush 1.5785163880 % 26 2 92.86 % 100 % 32.25611 BTSX 15444
1903 delegate-bts101 0.8529639509 % 85 1 98.84 % 100 % 62.68213 BTSX 15319
1929 delegate-laosan 0.8529638840 % 81 7 92.05 % 100 % 59.44501 BTSX 15394
1905 delegate-dafei 0.8529638318 % 84 1 98.82 % 100 % 60.29997 BTSX 15417
1925 delegate-pig 0.8529636192 % 79 6 92.94 % 100 % 56.04846 BTSX 15427
1923 delegate-ding 0.8529635072 % 76 5 93.83 % 100 % 53.80831 BTSX 15375
353 bts500usd 0.6969366279 % 104 0 100.00 % 80 % 53.36475 BTSX 15435
457 bts500rmb 0.6969359951 % 97 2 97.98 % 80 % 51.90599 BTSX 15356
333 bts500 0.6969358927 % 100 2 98.04 % 80 % 47.96250 BTSX 15428
569 bts500dao 0.6969357139 % 93 1 98.94 % 80 % 48.98158 BTSX 15412
2151 delegate-alt 0.6308374092 % 47 34 58.02 % 100 % 35.47922 BTSX 15080
3324 dc-delegate 0.6271650153 % 51 12 80.95 % 100 % 53.94907 BTSX 15396
1130 block 0.5000388357 % 30 20 60.00 % 100 % 33.05164 BTSX 15268
825 balance 0.5000383627 % 19 16 54.29 % 100 % 23.59216 BTSX 15383
1122 code 0.5000383010 % 18 17 51.43 % 100 % 22.35805 BTSX 15377
820 assets 0.5000382395 % 17 17 50.00 % 100 % 21.12750 BTSX 15269
815 account 0.5000382391 % 17 18 48.57 % 100 % 21.12072 BTSX 15414
566 xeldal 0.4166791903 % 41 5 89.13 % 15 % 7.43146 BTSX 15381
1314 lion 0.3820789912 % 55 7 88.71 % 100 % 49.89241 BTSX 15399
1284 oathkeeper 0.3820742192 % 57 4 93.44 % 100 % 52.26010 BTSX 15425
1302 nightswatch 0.3820741796 % 56 6 90.32 % 100 % 51.46774 BTSX 15409
1289 raven 0.3820740605 % 54 11 83.08 % 100 % 49.08465 BTSX 15426
1287 direwolf 0.3820739674 % 52 11 82.54 % 100 % 47.22351 BTSX 15401
1283 needle 0.3820739365 % 55 10 84.62 % 100 % 48.50543 BTSX 15360
1281 longclaw 0.3820738358 % 50 8 86.21 % 100 % 44.59163 BTSX 15400
1285 dragon 0.3819922180 % 49 11 81.67 % 100 % 44.57639 BTSX 15388
1389 bitsharesxcc 0.3771126501 % 56 9 86.15 % 100 % 50.04083 BTSX 15404
1345 peershares 0.3771126363 % 53 8 86.89 % 100 % 48.76544 BTSX 15406
1390 bitsharesxfc 0.3771125732 % 55 8 87.30 % 100 % 48.50268 BTSX 15367
1346 peercoin 0.3771124894 % 50 9 84.75 % 100 % 45.82745 BTSX 15386
1357 primecoin 0.3771123766 % 50 7 87.72 % 100 % 44.57116 BTSX 15259
1392 bitsharesxcm 0.3771122984 % 49 10 83.05 % 100 % 43.00874 BTSX 15413
1414 nubits 0.3771122379 % 43 5 89.58 % 100 % 40.79885 BTSX 15348
1392 bitsharesxcm 0.3771122952 % 49 10 83.05 % 100 % 43.00874 BTSX 15413
P.S. Yes, it is still better than Bitcoin.
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Voted!
Please vote mine
>> wallet_approve_delegate ninja
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Init delegates are keeping 100% of the fees was done with the thought that it would encourage people to vote for others. That and the fees earned by these delegates would help cover development costs and be entirely re-invested.
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Voted!
Please vote mine
>> wallet_approve_delegate ninja
And delegate ninja is charging how much?
Sorry, could not find the info from the ‘voter friendly environment’ provided.
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Just Vote for you. +5% +5% +5%
following is my delegate. please vote for me as well
Please vote for chinese
BTS X delegate ID:chinese
Why vote for "chinese"?
1) I am cooperating with China Education Bookstore and will donate 20% of income to the poor students in China. Donation details will be posted for public view.
2)I will destroy 20% of the fees and my pay rate is 80%. It is my way to pay dividends to all the bitshares holders.
vote for "chinese"
wallet_approve_delegate chinese true
my delegate's server: professional hosted 4Cores CPU + 4GB RAM + 100GB SSD + anti-DDoS + guaranteed 500Mbps bandwidth
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Great!
Now we have attracted spammers!
Can the OP poster ( or somebody) be granted rights to delate spam posts?
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I don't have privilege to delete posts. Weird, huh? :)
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Sure you cannot, otherwise you will violate the ‘Freedom to spam’ right of all posters :)
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Sure you cannot, otherwise you will violate the ‘Freedom to spam’ right of all posters :)
+5%
Not even mods should delete that kind of spam IMHO!
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Well I didn't suggest it. :) Freedom to SPAM Act. :)
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Let's diversify a bit and set the tone here, if there is burn of the fees, it will increase the value of BTSX. Shareholders should welcome that.
I've set mine to +5%. Which means 95% of the fees will be income for shareholders! Thank you!
Please vote for kpd-1.
Also if you are 50% or less delegate, post yours here.
wallet_approve_delegate kpd-1
After you make your vote selections make sure you send your entire balance to yourself, otherwise you are not really voting.
I am +5% convinced
calyauwall (unlocked) >>> wallet_approve_delegate kpd-1
Delegate approved.
calyauwall (unlocked) >>> wallet_approve_delegate dele-puppy
Delegate approved.
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I am +5% convinced
calyauwall (unlocked) >>> wallet_approve_delegate kpd-1
Delegate approved.
calyauwall (unlocked) >>> wallet_approve_delegate dele-puppy
Delegate approved.
Once you approve a delegate, it doesn't really cast the vote, until you make a transaction. You could send a transaction to yourself.
Also if you only send 1 BTSX, then only 1 BTSX is counted as a vote. You basically need to send ALL your balance to yourself after casting the vote.
They should have made this easier for voters, but oh well.
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I intend to write tools for delegates. But for that I want to become one so I can experiment.
+5%
you have my vote!
PS I like the way you think in general
You convinced me to reduce my pay rate also to +5% ;)
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I intend to write tools for delegates. But for that I want to become one so I can experiment.
+5%
you have my vote!
PS I like the way you think in general
You convinced me to reduce my pay rate also to +5% ;)
Thank you! I've revoted for all of you with the 150K I just added as well. Yeah make sure to send all your balance to yourself so it gets reflected in the transaction.
Let me post an example (I'll add it to the main post too):
(http://i.imgur.com/QAlQfCJ.png)
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Once you approve a delegate, it doesn't really cast the vote, until you make a transaction. You could send a transaction to yourself.
Done by voting - should improve the rating of some "low cost delegates".
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Done by voting - should improve the rating of some "low cost delegates".
Thank you, CalabiYau!
I really can't believe that most delegates are 100% Payouts. Is there really not a single whale who wants to help the ecosystem by increasing the burn? Or is it that whales are better off keeping the profits to themselves?
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
Good point about cost to customers, however we don't control the fees, at this point, do we?
I have a question - why couldn't you do regular POS where instead of balance you use the number of votes? And thus remove this bizarre 100 delegates number. Let the shareholders decide how many delegats they want.
i.e. traditional POS with balance age, resetting to 0 when they sign a transaction. But instead of balance, use vote balance.
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
Why can't it be increased? To prevent people from lowering it briefly?
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
Why can't it be increased? To prevent people from lowering it briefly?
Yes, it is kind of a campaign promise that is enforced. Those who vote for you know for sure that they can set it and not have to trust you on that part of it.
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
Why can't it be increased? To prevent people from lowering it briefly?
Yes, it is kind of a campaign promise that is enforced. Those who vote for you know for sure that they can set it and not have to trust you on that part of it.
What about to let us the option to increase the pay rate whenever we want but automatically loose all upvotes if we do that? (of course when decreasing nothing should happen like now)
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
Why can't it be increased? To prevent people from lowering it briefly?
Yes, it is kind of a campaign promise that is enforced. Those who vote for you know for sure that they can set it and not have to trust you on that part of it.
What about to let us the option to increase the pay rate whenever we want but automatically loose all upvotes if we do that? (of course when decreasing nothing should happen like now)
That is the same as starting a new delegate. Unfortunately it is very difficult to adjust your votes because it is just the total of a whole bunch of individual votes.
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What about my proposal above? To just use proof of stake but only limit to delegates. That way all delegates get to represent exactly the % of votes they got.
I.e. Don't pick a number like 100. Just do age burn of their voted power.
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That is the same as starting a new delegate.
Yes but we keep our precious "Brand name" !!!
Unfortunately it is very difficult to adjust your votes because it is just the total of a whole bunch of individual votes.
8)
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That is the same as starting a new delegate.
Yes but we keep our precious "Brand name" !!!
Unfortunately it is very difficult to adjust your votes because it is just the total of a whole bunch of individual votes.
8)
You can keep your brand-name, by using sub-accounts ie: delegate1.liondani Only liondani can create sub-accounts under *.liondani
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You can keep your brand-name, by using sub-accounts ie: delegate1.liondani Only liondani can create sub-accounts under *.liondani
Hug .. Thats new to me .. nice feature .. thx for sharing :)
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I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it.
Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price.
So consider carefully who you want to appeal to: customers or shareholders and strike a balance. It is possible for delegates to reduce the required transaction fee. I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.
Why can't it be increased? To prevent people from lowering it briefly?
Yes, it is kind of a campaign promise that is enforced. Those who vote for you know for sure that they can set it and not have to trust you on that part of it.
Currently at 5% I would need to produce 13 blocks/hr to cover my costs.
Since the transaction fees are likely to go up as is the volume increases and the value of each BTSX should rise as shares are burned and more people come on board my situation should only improve. My operating costs should stay fairly static so I am OK with this burn rate. I guess the shareholders can vote for me or not depending on the balance they want to strike between customer and shareholder costs/profits :).
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That is the same as starting a new delegate.
Yes but we keep our precious "Brand name" !!!
Unfortunately it is very difficult to adjust your votes because it is just the total of a whole bunch of individual votes.
8)
You can keep your brand-name, by using sub-accounts ie: delegate1.liondani Only liondani can create sub-accounts under *.liondani
can our sub accounts have increased pay rate compared with th initial account (example liondani 5% pay rate, but delegate1.liondani pay rate 33% ?)
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can our sub accounts have increased pay rate compared with th initial account (example liondani 5% pay rate, but delegate1.liondani pay rate 33% ?)
Yes, they are fully independent except for the fact that the master account key can change all child accounts.
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thanks
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NAME (* next in line) APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
stake 1.5836233685 % 22 0 100.00 % 1 % 0.52292 BTSX 21343
woolcii 0.2069129701 % 0 0 N/A 1 % 0.00000 BTSX NONE
viv 0.2052643850 % 0 0 N/A 1 % 0.00000 BTSX NONE
james9876 0.0795123844 % 0 0 N/A 0 % 0.00000 BTSX NONE
democracy 0.0025688671 % 0 0 N/A 1 % 0.00000 BTSX NONE
riverhead-del-server-1 3.7810057727 % 13 1 92.86 % 5 % 1.54128 BTSX 21294
kpd-1 0.2964164481 % 7 3 70.00 % 5 % 0.82715 BTSX 21340
liondani 0.2043128594 % 0 0 N/A 5 % 0.00000 BTSX NONE
ninja 0.2004022788 % 0 0 N/A 5 % 0.00000 BTSX NONE
xeldal2 0.1765298361 % 31 1 96.88 % 5 % 5.13376 BTSX 12650
calabiyau 0.0600085453 % 0 0 N/A 5 % 0.00000 BTSX NONE
riverheaddelserv1 0.0068679516 % 0 0 N/A 5 % 0.00000 BTSX NONE
liondani-delegate-1 0.0662703766 % 0 0 N/A 10 % 0.00000 BTSX NONE
liondan-delegate-1 0.0025711691 % 0 0 N/A 10 % 0.00000 BTSX NONE
maqifrnswa 0.8344546458 % 0 1 0.00 % 15 % 0.00000 BTSX NONE
xeldal 0.4181906088 % 66 6 91.67 % 15 % 14.07693 BTSX 21362
enki 0.3585132752 % 38 4 90.48 % 15 % 8.24596 BTSX 21374
xeldal3 0.1680132658 % 32 2 94.12 % 15 % 6.42657 BTSX 12704
xeldal4 0.1680132619 % 32 1 96.97 % 15 % 6.34851 BTSX 12674
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NAME (* next in line) APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
stake 1.5836233685 % 22 0 100.00 % 1 % 0.52292 BTSX 21343
woolcii 0.2069129701 % 0 0 N/A 1 % 0.00000 BTSX NONE
viv 0.2052643850 % 0 0 N/A 1 % 0.00000 BTSX NONE
james9876 0.0795123844 % 0 0 N/A 0 % 0.00000 BTSX NONE
democracy 0.0025688671 % 0 0 N/A 1 % 0.00000 BTSX NONE
riverhead-del-server-1 3.7810057727 % 13 1 92.86 % 5 % 1.54128 BTSX 21294
kpd-1 0.2964164481 % 7 3 70.00 % 5 % 0.82715 BTSX 21340
liondani 0.2043128594 % 0 0 N/A 5 % 0.00000 BTSX NONE
ninja 0.2004022788 % 0 0 N/A 5 % 0.00000 BTSX NONE
xeldal2 0.1765298361 % 31 1 96.88 % 5 % 5.13376 BTSX 12650
calabiyau 0.0600085453 % 0 0 N/A 5 % 0.00000 BTSX NONE
riverheaddelserv1 0.0068679516 % 0 0 N/A 5 % 0.00000 BTSX NONE
bm86 0.0068679497 % 0 0 N/A 5 % 0.00000 BTSX NONE
lowfee-10prcnt 0.0668714866 % 0 0 N/A 10 % 0.00000 BTSX NONE
liondani-delegate-1 0.0662703766 % 0 0 N/A 10 % 0.00000 BTSX NONE
liondan-delegate-1 0.0025711691 % 0 0 N/A 10 % 0.00000 BTSX NONE
maqifrnswa 0.8344546458 % 0 1 0.00 % 15 % 0.00000 BTSX NONE
xeldal 0.4181906088 % 66 6 91.67 % 15 % 14.07693 BTSX 21362
enki 0.3585132752 % 38 4 90.48 % 15 % 8.24596 BTSX 21374
xeldal3 0.1680132658 % 32 2 94.12 % 15 % 6.42657 BTSX 12704
xeldal4 0.1680132619 % 32 1 96.97 % 15 % 6.34851 BTSX 12674
can you vote liondani instead of liondani-delegate-1 and liondan-delegate-1 ? Because that account have the most votes, thanks in advance ;)
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NAME (* next in line) APPROVAL PRODUCED MISSED RELIABILITY PAY RATE PAY BALANCE LAST BLOCK
stake 1.5836233685 % 22 0 100.00 % 1 % 0.52292 BTSX 21343
woolcii 0.2069129701 % 0 0 N/A 1 % 0.00000 BTSX NONE
viv 0.2052643850 % 0 0 N/A 1 % 0.00000 BTSX NONE
james9876 0.0795123844 % 0 0 N/A 0 % 0.00000 BTSX NONE
democracy 0.0025688671 % 0 0 N/A 1 % 0.00000 BTSX NONE
riverhead-del-server-1 3.7810057727 % 13 1 92.86 % 5 % 1.54128 BTSX 21294
kpd-1 0.2964164481 % 7 3 70.00 % 5 % 0.82715 BTSX 21340
liondani 0.2043128594 % 0 0 N/A 5 % 0.00000 BTSX NONE
ninja 0.2004022788 % 0 0 N/A 5 % 0.00000 BTSX NONE
xeldal2 0.1765298361 % 31 1 96.88 % 5 % 5.13376 BTSX 12650
calabiyau 0.0600085453 % 0 0 N/A 5 % 0.00000 BTSX NONE
riverheaddelserv1 0.0068679516 % 0 0 N/A 5 % 0.00000 BTSX NONE
liondani-delegate-1 0.0662703766 % 0 0 N/A 10 % 0.00000 BTSX NONE
liondan-delegate-1 0.0025711691 % 0 0 N/A 10 % 0.00000 BTSX NONE
maqifrnswa 0.8344546458 % 0 1 0.00 % 15 % 0.00000 BTSX NONE
xeldal 0.4181906088 % 66 6 91.67 % 15 % 14.07693 BTSX 21362
enki 0.3585132752 % 38 4 90.48 % 15 % 8.24596 BTSX 21374
xeldal3 0.1680132658 % 32 2 94.12 % 15 % 6.42657 BTSX 12704
xeldal4 0.1680132619 % 32 1 96.97 % 15 % 6.34851 BTSX 12674
can you vote liondani instead of liondani-delegate-1 and liondan-delegate-1 ? Because that account have the most votes, thanks in advance ;)
I vote that one too, man!
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Good - 8 delegates in.
13 to go.
Vote early! Vote often!