Quote from: kokojie on October 16, 2014, 06:09:59 pm

Quote from: xeroc on October 16, 2014, 03:38:51 pm

Quote from: kokojie on October 16, 2014, 03:25:35 pm

that would resolve this problem of the biggest stakeholder controlling all 101 delegates.

that only holds true if the biggest stakeholder has 51%+ shares ..

otherwise it holds only true if people are to lazy to vote

I think it's easily possible to do so without 51%, for example if I have 15% of stake in BTSX, I could obtain 50%+ of the BTSX delegate seats right now.

Sure, other stake holders could vote someone else, but they have to be extremely organized and all vote for the same set of delegates to out compete my stake. Otherwise they have no chance against my stake. It's not laziness, they could all voted 101 delegates, but just different sets of 101 delegates.

So you're saying all the rest of the stake wouldn't able to agree to any delegate with even 15% approval, so the entity that controls the DAC is the one with 15% stake. Why should the rest get control if they do not have anything specific way of operating the DAC that they want?

ok I see what you are saying, basically it's similar to how a regular corporation would work, the shareholders that are most organized, is able to obtain control of the corporation.

I never understood the reason why not 1 share 1 vote in the original BitsharesX system, that would resolve this problem of the biggest stakeholder controlling all 101 delegates.

Thanks!

Seed node (Canada): 162.248.141.180:8888

My delegates:
kokojie-delegate0 (0%)
kokojie-delegate (1%)
kokojie-delegate10 (10%)

All currently running and on standby

how do you run a seed node? any guides?

I didn't check the other DACs, but Music PTS snapshot should be taken at 81021, instead of 81023 I think.

oh yes, that is correct, I meant to put 81021

I'm using alt's script with default settings, why do I see other people have 50+ price update per day, and mine is only like 3-4 times  day?

Good job!

My KeyID delegates:
kokojie-delegate0 (0%)
kokojie-delegate (1%)
kokojie-delegate10 (10%)

I'm a long time crypto-currency supporter, registered from June 2011, with 1600+ post on Bitcointalk. Been running several give aways for alt coins too. I also run several permanent full nodes for Bitcoin: http://162.248.161.60/

I maintain the PTS tracking thread here for PTS owners:
https://bitsharestalk.org/index.php?topic=1425.0

I run a seed node for KeyID: 162.248.141.180:8888

My hardware is a 32GB RAM dedicated server on an enterprise level internet/facility, running in US East Coast.


I also run a BTSX delegate, see my signature for info

Thanks