I don't think it's likely that HERO will pay effective returns of 5%. If you look very closely, HERO can only offer a maximum of 5% return; if it consistently trades above the price feed, it will offer lower returns. Sadly, if it trades above the price feed, it isn't 100% backed by BTS in collateral, which destroys one of its main value propositions.

Stan is talking like this thing is a free lunch (cue him telling me that he's not; judge for yourself), but it's rarely that simple. I don't frequent this forum much any more, but I've been posting about HERO over on Steemit:

https://steemit.com/bitshares/@biophil/will-hero-work-or-can-you-brute-force-the-free-market
https://steemit.com/bitshares/@biophil/who-will-pay-the-interest-on-hero

By "light" I'm assuming that means no exchange, correct?

"Light" in the context of wallets typically means no local copy of the blockchain.

Quote from: biophil on October 06, 2015, 07:04:43 pm

I have a couple orders on the DEX to sell some NOTEs - will the snapshot capture those, or do I need to cancel the orders before hand? Thinking more about it, I'll probably cancel them anyway just to avoid any weird disappointments, but I thought I'd ask anyway.

all opened orders will auto canceled if I am right

Is this all open orders in the entire DEX? as part of the BTS 0.9 chain shutdown?

Major shout-out to CLains for PMing me and alerting me to this Brownie.PTS thing. Fun idea.

I've been pretty quiet in the community lately, but in the past year-and-a-half I've participated in many forum discussions and hopefully been a helpful voice on stuff.

I ran a private, custom market-maker bot for BitUSD/BTC on Bter with several hundred dollars. It's been shut down since the Bter BTC-theft debacle.

I wrote significant portions of the BitShares FAQ commissioned by Brian Page, most of which can be found here: http://wiki.bitshares.org/index.php/FAQs#DACs

I've done some helping-out of newbies. There were a couple months when my main goal on the forums was to clean up after tonyk's attempts to scare new people away.

Um... not sure if this is a plus or a minus (lol), but I engaged with the RandPaulCoin guy back when he was around, trying to help him work out his BTS clone.

I used to go to the Nxt forum pretty frequently and preach about bitshares.

If you want hours, I've probably done between 10 and 100 hours of productive work for BitShares.

Also, it seems the new client is not the same codebase as 0.9.x.

Is TITAN also baked in the new codebase? Will we have privacy built-in by default?

No, no TITAN. This is a good thing! TITAN wasn't really very effective for privacy, but it gave the illusion of privacy. Also, TITAN was one of the reasons the client was so unbelievably slow.

Sent from my LGL34C using Tapatalk

mmmm, transferable accounts. You people are beautiful.

Sparkle was originally intended to be PoW, not DPOS. That was the whole point: bitshares functionality on a PoW chain.

Has anybody done any ROI calculations for NOTEs from the pre-sale? I can't recall my ballpark figures exactly, but it seems like the pre-sale was implying a market cap around $2MM, which isn't far from where NOTEs are trading now. Anybody care to give actual numbers?