I feel like this is a power grab and won't vote to approve this.

How can the authorities have any impact on the DEX? Gateways and centralized exchanges are the only vulnerable entities, of which BTS is neither.

$50k over 15 months isn't too bad for some of the work which you propose, however mandating that you're the one that dictates what work must be done seems like undermining subsequent worker proposals.

"There can be only one representative for the BitShares blockchain, as otherwise other parties will use this to disqualify all." Yet there are many representatives of bitcoin and nobody cares about that given that those who control it change over time (POW), much like how shareholders change over time.

"Propose changes to the BTS holders in order to become compliant with specific regulations" Care to elaborate on what this means?

If you mean exchanges need someone official to contact, then they can contact witnesses and committee members whilst halting wallets if there's a serious issue. If they're not confident enough to talk to these key members then they're not going to talk to you.

We must give 3rd parties (exchanges and other businesses) sufficient time to get notified and upgrade.

2 weeks should be sufficient enough time for anyone to upgrade once we've gained their attention (likely the hardest bit for poloniex, haha!)
I'm just impatient

Price feed script changes

• Created a price feed verification script! Using this, I was able to confirm that the phase was correctly set & Wednesdays line up as the primary Hz day for the next 10 years.
  
• Created dedicated python functions for improved dynamic use. Anyone can fork the price feed scripts, change these values and begin publishing price feeds for your issued ABA.
• Pushed updates to Xeroc & Wackou's price feed script PRs.

Spreadsheet changes

• Improved timestamp accuracy (now accounts for change in period)
• Applied new default variables
• Included proof of phase validity (10 years of wednesdays with only values 0.5, 1.0 & 1.5).

Variable changes

• Amplitude = 1/3 (No longer 1/2)
• Period = 28 days (No longer 30.43, to line up with the typical work week).
• Phase = < 1 day (To make wednesday the primary Hz day).

Community updates

• I've spoken during the last two (40 &amp; 41) bitshares hangouts about HERTZ.

TODO

• Poll multiple full nodes for the BTS/USD settlement price, so as to harden script from compromised nodes.
• Find willing high-frequency (at least a couple times per day) price feed publishers.
• Improve upon the hertz-verification.py script
• Output charts within the script.
• Possibly pull BTS historical data to plot how HERTZ would have faired against past price movements.
• Further consider the amplitude value (still too high?)
• Run initially in Bitshares testnet.
• Wait for BSIP-0018 to go live prior to running HERTZ asset in production.

Best regards,
cm-steem

I created an ELI5 worthy intro to HERTZ on steemit: https://steemit.com/hertz/@cm-steem/what-is-the-hertz-algorithm-based-asset

Price feed updates: https://steemit.com/bitshares/@cm-steem/hertz-price-feed-script-updates-september-2017

Next development steps: https://steemit.com/bitshares/@cm-steem/hertz-next-area-of-investigation-prior-to-production

What about a prediction market view to promote their use?

I've added the door.one exchange to gridcoin.us, as we have the open.grc gateway on the bts dex. Looking forwards to this being in production

https://blockpay.ch/general/blockpay-status-update/

They just posted an announcement there regarding the split, terrible ico lol..