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Messages - R

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781
General Discussion / Re: HERTZ - Oscillating Formula Based Asset
« on: October 09, 2017, 02:34:42 pm »
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

782
General Discussion / Re: HERTZ - Oscillating Formula Based Asset
« on: October 01, 2017, 06:34:15 pm »
Some interesting ideas:

Creating a Trochoid (https://en.wikipedia.org/wiki/Trochoid) or Cycloid (https://en.wikipedia.org/wiki/Cycloid) ABA.


Creating a Trochoidal wave (https://en.wikipedia.org/wiki/Trochoidal_wave) ABA - "In fluid dynamics, a trochoidal wave or Gerstner wave is an exact solution of the Euler equations for periodic surface gravity waves. It describes a progressive wave of permanent form on the surface of an incompressible fluid of infinite depth."

Alternatively, combining sin waves (wave inference) with different frequencies (calculator: https://academo.org/demos/wave-interference-beat-frequency/)


783
General Discussion / Re: HERTZ - Oscillating Formula Based Asset
« on: September 30, 2017, 04:07:46 pm »
I created an ELI5 worthy intro to HERTZ on steemit: https://steemit.com/hertz/@cm-steem/what-is-the-hertz-algorithm-based-asset

784
General Discussion / Re: HERTZ - Oscillating Formula Based Asset
« on: September 29, 2017, 09:20:39 am »
Once the HERTZ price feeds are in a production worthy state & BSIP-0018 is implemented, would anyone be interested in being a private price feed publisher?

786
General Discussion / Re: HERTZ - Oscillating Formula Based Asset
« on: September 23, 2017, 09:23:11 pm »
I've been thinking about HERTZ recently, and thought about what if we simply pegged against BTS and applied the sin wave modifier to that? So the Hertz token would range from 0.5 to 1.5 BTS throughout the month.

Why use BTS as the reference asset?
  • Less risk of force settlement due to BTS (or reference asset) price volatility.
  • Decoupling of BTS from external assets.
  • Less likelihood of global settlement events taking place due to reduced forced settlement risk.
  • Predictable price volatility, enabling risk-free borrowing given sufficient collateral.

I suppose it'd be the same as using bitUSD as collateral to borrow bitUSD into existence, except using the core BTS asset.

Steemit post: https://steemit.com/bitshares/@cm-steem/back-to-algorithm-based-assets-and-targeting-bts-as-an-mpa-s-reference-asset

Thoughts?

787
General Discussion / Re: Bitshares BlockChain Explorer Community suggestions
« on: September 03, 2017, 07:00:43 pm »
What about a prediction market view to promote their use?

789
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 :)

790
General Discussion / Re: Market pegged assets
« on: August 30, 2017, 02:09:19 pm »
You can always buy USD directly with your BTS instead of lending the USD into existence, that way you don't need to worry about collateral.

791
General Discussion / Re: BlockPay in Serious Trouble
« on: August 30, 2017, 02:07:18 pm »
https://blockpay.ch/general/blockpay-status-update/

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

792
Stakeholder Proposals / BSIPs 23 & 24
« on: August 29, 2017, 11:15:55 pm »
I've created two draft BSIPs:

BSIP-0023 - Sharedropping an UIA against an external cryptocurrency distribution snapshot
https://steemit.com/bitshares/@cm-steem/draft-bsip-0023-sharedropping-an-uia-against-an-external-cryptocurrency-distribution-snapshot

Draft BSIP-0024 - "Locking Bitshares away as 'Bitshares Influence' for voting privileges on the BTS DEX"
https://steemit.com/bitshares/@cm-steem/draft-bsip-0024-locking-bitshares-away-as-bitshares-influence-for-voting-privileges-on-the-bts-dex

I'd appreciate input on both, they're drafts and haven't been submitted as a pull request into the BSIP repo yet.

Thanks +5%

793
Hell yeah, man! This is some quality original content, great work guys!  +5%

You should consider briefly talking about this project during the weekly Bitshares hangouts on mumble/steemit: https://steemit.com/bitshares/@officialfuzzy/bitshares-hangout-36-2017-09-01-opensource-agenda-beyondbit-payouts-powered-by-sp

794
General Discussion / Re: BCH or BCC in dex?
« on: August 25, 2017, 02:25:48 am »
We do not currently have Bitcoin Cash supported within the BTS DEX. You should contact a gateway service such as openledger to include this token.
You're fucking joking right? Can't add a smartcoin to the dex until there is a gateway? da fuq? Does openledger control the bts code? Since when dou we need the actual physical tokens to be able to trade in the dex? Is this legit or was it a dumb response, because there is a similar reply in tech support too?


*BTS is the fucking gateway to the dex!!!! Am i missing something????

You can certainly make an MPA for bitcoin cash, I thought you were asking for an open.bch to deposit your BCH onto the BTS DEX using an EBA UIA.

795
General Discussion / Re: BCH or BCC in dex?
« on: August 23, 2017, 01:57:11 pm »
We do not currently have Bitcoin Cash supported within the BTS DEX. You should contact a gateway service such as openledger to include this token.

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