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Main => Technical Support => Topic started by: cryptillionaire on May 30, 2016, 03:48:35 pm

Title: Smartcoin/UIA interest?
Post by: cryptillionaire on May 30, 2016, 03:48:35 pm

Hey,

I remember that BTSX used to advertise 5% interest on all smartcoins/anything - does anyone have links to the reasoning behind removing interest on these assets?

Such interest was a major initial selling point for me when I first got into BTSX, was it the case that 5% was too much or that the system became incompatible with the new BTS system?

Thanks,
Cryptillionaire.

Title: Re: Smartcoin/UIA interest?
Post by: xeroc on May 30, 2016, 04:34:00 pm

https://bitshares.org/blog/2015/06/08/lessons-learned-from-bitshares-0.x/#socialized-yield-is-broken

Title: Re: Smartcoin/UIA interest?
Post by: speedy on May 30, 2016, 04:35:53 pm

And we seem to have given up on the better way to get interest, which was p2p lending/bond market.

Title: Re: Smartcoin/UIA interest?
Post by: xeroc on May 30, 2016, 07:34:32 pm

Quote from: speedy on May 30, 2016, 04:35:53 pm

And we seem to have given up on the better way to get interest, which was p2p lending/bond market.

Given up? Not me. Still in talks with people that can help fund or even develop it. In fact, there are than one party interested in doing this ..
but as you know ... developing for graphene isnt as easy as putting together javascript snippets

Title: Re: Smartcoin/UIA interest?
Post by: speedy on May 30, 2016, 08:15:56 pm

Quote from: xeroc on May 30, 2016, 07:34:32 pm

Quote from: speedy on May 30, 2016, 04:35:53 pm

And we seem to have given up on the better way to get interest, which was p2p lending/bond market.

Given up? Not me. Still in talks with people that can help fund or even develop it. In fact, there are than one party interested in doing this ..
but as you know ... developing for graphene isnt as easy as putting together javascript snippets

Glad to hear it, but BM hasnt talked about this for ages and hes the only one capable of developing it.

Title: Re: Smartcoin/UIA interest?
Post by: BunkerChainLabs-DataSecurityNode on May 31, 2016, 04:41:58 am

Quote from: speedy on May 30, 2016, 08:15:56 pm

Quote from: xeroc on May 30, 2016, 07:34:32 pm

Quote from: speedy on May 30, 2016, 04:35:53 pm

And we seem to have given up on the better way to get interest, which was p2p lending/bond market.

Given up? Not me. Still in talks with people that can help fund or even develop it. In fact, there are than one party interested in doing this ..
but as you know ... developing for graphene isnt as easy as putting together javascript snippets

Glad to hear it, but BM hasnt talked about this for ages and hes the only one capable of developing it.

 ???

Title: Re: Smartcoin/UIA interest?
Post by: pc on May 31, 2016, 06:03:53 pm

Quote from: speedy on May 30, 2016, 08:15:56 pm

Glad to hear it, but BM hasnt talked about this for ages and hes the only one capable of developing it.

He's definitely *not* the only one. We have very capable developers in this community.
What we're lacking ATM is a driving force, and funding.