I've created a delegate named commonwealth which takes a 0% payrate. This reduces the supply of BTSX, deflating it, thereby distributing 100% of my potential pay to the network as a whole. I gain nothing from running this delegate. Type the following to approve commonwealth through the command line:

wallet_approve_delegate commonwealth
If you are using the graphical wallet, you can click on this sentence to vote for commonwealth.

Also, please check out my main delegate. (linked in my sig) I am giving free art to anyone who votes for me. You can commission anything you like, and I'll draw it.

This was a major topic at lunch time... I too am paranoid about this.   

Step 1) Place a Star next to your favorite accounts and WARN if you are about to send to an account not in your favorites.
Step 2) Generate Random Art Icon for each account:  http://www.random-art.org/about/

Great ideas! Especially the random art. A couple of questions, though. Will it be possible to skip the warning, through a "dont ask me again" checkbox in the GUI and a -f flag in the CLI? Also, can we have a something like random art but for the CLI? Maybe either a string of randomized words that form a sentence or a random art ASCII.

EDIT: Here's another idea. Add a trusted nodes system. All of the names that people who I favorite favorite come up as 'trusted' and also do not prompt before sending. People can also be flagged 'untrustworthy'. If someone you favorite marks one of your trusted nodes as 'untrustworthy', then they are removed from your list of trusted nodes. Also, the user's trust level is listed in their account, on the delegates pages, etc... This is a friend-to-friend, decentralized implementation of a 'ring of trust'. This also potentially creates a new industry: delegates (and other community members) who maintain easylists of trusted/untrusted nodes.

This is a good idea. Do we have IRC channel? Fuznuts, I'm not a fan of installing unfamiliar executables. Is mumble built from source code?

 

I second this. IRC > mumble. There's a channel on irc.freenode.org, but its very inactive and small.

Quote

Even better would be some kind of HTML code link that could be added to websites or forums that works a lot like the Facebook thumbs up.

We have support for it in the client already!
We just can't do it in the forum because the SMF software always prepends "http://" to the links and the mod that is supposed to fix it was last updated in 2008... We'll ask someone else to figure this out

Try putting this on an external page:

<a href="btsx://daslab/approve">Approve me!</a>

Approve me on the forums!

The syntax is:

[url=http://the8thbit.github.io/bitshares.html?name=NAMEt&action=ACTION]TEXT[/url]

With the stuff in caps replaced with whatever you want. So for example, this is how I did the one above:

[url=http://the8thbit.github.io/bitshares.html?name=eightbit&action=approve]Approve me on the forums![/url]
I don't know if this actually works or not as I only use the tty wallet, however, it does redirect your browser to the correct URL.

Also, I second the idea of a forum dedicated to delegate campaigning and open discussions with/between delegates.

EDIT: Nevermind, that board already exists.

Let me just say you guys are doing an amazing job. I tend to try to push things with outside the box thinking and many view it as criticism, it is not. I'm thinking about improvements. That doesn't mean I'm not appreciating the current system. But when I see an opportunity for improvement I can't help but try to explore it.

Hm, my block production also says false... Am I doing something wrong, is it just because I'm not an active delegate?

All I see are init delegates. Is there something wrong with my copy of the chain?

ID    NAME (* next in line)           APPROVAL       PRODUCED MISSED   RELIABILITY   PAY RATE PAY BALANCE         LAST BLOCK
============================================================================================================================
2     init1                           0.0000000001 % 253      0        100.00 %      100 %    0.00171 XTS         25516     
40    init39                          0.0000000001 % 256      0        100.00 %      100 %    0.00173 XTS         25517     
25    init24                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25518     
79    init78                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25519     
36    init35                          0.0000000001 % 256      0        100.00 %      100 %    0.00174 XTS         25520     
47    init46                          0.0000000001 % 256      0        100.00 %      100 %    0.00173 XTS         25521     
22    init21                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25522     
78    init77                          0.0000000001 % 254      0        100.00 %      100 %    0.00172 XTS         25523     
66    init65                          0.0000000001 % 254      0        100.00 %      100 %    0.00171 XTS         25524     
11    init10                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25525     
31    init30                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25526     
99    init98                          0.0000000001 % 254      0        100.00 %      100 %    0.00171 XTS         25527     
39    init38                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25528     
7     init6                           0.0000000001 % 255      0        100.00 %      100 %    0.00172 XTS         25529     
83    init82                          0.0000000001 % 255      0        100.00 %      100 %    0.00172 XTS         25530     
92    init91                          0.0000000001 % 256      0        100.00 %      100 %    0.00173 XTS         25531     
14    init13                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25532     
53    init52                          0.0000000001 % 256      0        100.00 %      100 %    0.00173 XTS         25533     
57    init56                          0.0000000001 % 255      0        100.00 %      100 %    0.00172 XTS         25534     
42    init41                          0.0000000001 % 253      0        100.00 %      100 %    0.00170 XTS         25535     


Hey, I'm registered as a delegate, and if you vote for me, you'll get free horrible art! Check out this thread for more info.

If you're too lazy to click that link and you just want to vote for me, my account name is eightbit, so the command to vote for me is:

wallet_approve_delegate eightbit
As for voting for other people... I was able to get a few votes in, but when I try to vote for happyshares:

wallet_approve_delegate happyshares-1 true
I get the following error:

delegate_record.valid() && delegate_record->is_delegate(): happyshares-1 is not a delegate!
    {"n":"happyshares-1"}
    th_a  client.cpp:1724 wallet_approve_delegate

    {"delegate_name":"happyshares-1","approved":true}
    th_a  client.cpp:1727 wallet_approve_delegate

    {}
    th_a  common_api_client.cpp:883 wallet_approve_delegate

    {"command":"wallet_approve_delegate"}
    th_a  cli.cpp:540 execute_command

Unfortunately, there is nothing we could do to keep miners on board after a 60% price drop because miners are purchasing PTS just like everyone else, they just pay with electricity.    The only thing we could do is switch PTS to a proof-of-stake coin. 

We could try to 'talk up miners', but miners are economic actors who see that it is cheaper to get PTS by trading than mining and thus make different economic choices.

If the difficulty becomes a long term problem we can take measures to increase the transaction rate, but short of increasing voluntary transaction fees in an attempt to motivate additional miners there is nothing we could do.   It would be like asking us to stop the price of PTS from falling after the BTS-X snapshot.

Push the price up with more forks from PTS.

Growing up in a world where money tends to travel digitally rather than physically gives a bit of a different perspective on things. To me, the money in my bank feels more 'real' than physical paper money, because the money in my bank is what I tend to buy things with and what I use to pay for bills. Because of this, I'm going to flip things around and try to explain BitUSD from a perspective that I don't think has been explored yet:

BitUSD is pegged to the USD because it says it is.

That may seem a little hand wavy, but the social meme of a perceived value from branding is a lot more powerful than people tend to assume. Take paper money. There's no reason a $5 bill has to buy the same amount of stuff as the abstract concept of '$5'. You could just as easily walk into a grocery store and find that you can purchase 2 loaves of bread for $5 sent through your debit card where a $5 paper bill might only buy you a single loaf of bread. This rarely happens, however, because the expectation that others will value the $5 paper bill at $5 motivates people to treat it as being worth $5.

With bitUSD, the expectation that 1 bitUSD will be worth 1 USD keeps it at equilibrium. If people sell their bitUSD and the price drops, then this will trigger investors to buy, as they expect the long term value to be larger than the current value. This, in turn, drives the price back up. If people buy enough to push the price above 1 USD then this triggers sells, as the current price is higher than the perceived value. This, in turn, drives the price back down to its perceived value. This is called a 'nash equilibrium': The value of something that is arrived at by the actors in a system because of the perception that the other actors will arrive at the same value.