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Messages - dannotestein

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286
General Discussion / Re: KKachi is on OPEN.ETH market!
« on: February 10, 2016, 07:19:46 pm »
Quote from: noisy on February 10, 2016, 06:39:21 pm
Quote from: clayop on February 10, 2016, 03:19:10 pm
Finally, Kkachi got some OPEN.ETH and began to make OPEN.ETH:OPEN.BTC market.
He's also making BTS:OPEN.BTC market too, so you can convert your BTS into OPEN.ETH without any difficulties.

Please check it out  8)

markets like OPEN.ETH:OPEN.BTC are simple ...  was mtgox offers years ago. They depend on trust to some third-party. Bots should be on trades like bitBTC:bitCNY. There is only way to make a truly decentralize trustless exchange. What you are doing is making bitshares even more confusing for newbies.
The UIA offerings on the DEX are not the same as mtgox markets. At the very least, there's a fundamental difference in a system where the "supply" of the UIA is a publicly available number that can't be obscured. Another important difference is that "anyone" can create a UIA and markets are automatically available between that UIA and all other assets in the system. I understand your desire for a trustless asset, but please don't let that blind you to the vast differences between what we have  in BitShares and a traditional centralized exchange.

287
Technical Support / Re: How block trade Input Address work?
« on: February 10, 2016, 02:49:13 pm »
Quote from: sharique-knysys on February 10, 2016, 09:22:34 am
I understand this process that you explained. When I call initiate-trade method it returns me an input address. How can I send money to that input address. Does block trades has an api or some interface to send money to that input address? Or Should I use my bitshares wallet to send money to that input address?
You have to send the funds using the appropriate wallet type. If the input coin type is BTS or some other BitShares currency, you use the BitShares wallet. If the input coin type is Bitcoin(BTC), you send the funds to the input address using your Bitcoin wallet.

288
General Discussion / Re: Political Irrationality
« on: February 10, 2016, 03:38:12 am »
It's a well written paper, although I may be biased since I came to most of the same conclusions a long time ago...

289
Openledger / Re: No support ?
« on: February 08, 2016, 12:22:49 am »
Quote from: clayop on February 07, 2016, 11:58:03 pm
It seems to be down again.
It's not down, but it ran out of BTS to pay transfer fees. I've refilled it now.

290
Openledger / Re: No support ?
« on: February 07, 2016, 08:24:56 pm »
Quote from: Shentist on February 07, 2016, 08:17:34 pm
Quote from: abit on February 07, 2016, 05:18:26 pm
Quote from: dannotestein on February 07, 2016, 04:37:42 pm
The openledger gateway is back up. It was down from approx 11:59pm till 10:00am EST due to an error caused by new ether support. Unfortunately, it looks like this happened around the same time as some attractive order was available on the dex, and several people couldn't take advantage of the order as they weren't able to obtain additional OPENBTC during that time.
@dannotestein I think you mean CCEDK gateway? I don't find an "openledger gateway" in my light wallet. Was metaexchange or blocktrades down in the same period?

@abit metaexchange operates independently and if we have problems blocktrades and ccedk have no problems. if they have problems, it effects not metaexchange.
I think it's pretty obvious that abit understood this. He just wanted me to clarify my statement that it was only the ccedk gateway, not blocktrades, metaexchange, or transwiser. I was just reposting a response I had posted in telegram where everyone was referring to it as the openledger gateway and I inadvertantly did the same.

291
Technical Support / Re: Anyone else have Annual Membership small fees don't show at all
« on: February 07, 2016, 08:07:01 pm »
Quote from: abit on February 07, 2016, 12:07:37 pm
@ccedk @dannotestein @valzav Currently OpenLedger set "referrer_rewards_percentage" to 0% for new accounts who referred by nobody. It effectively causes 0% cash-back if the the account is upgraded to annual member. Please check. Maybe you need to temporarily disable the "upgrade to annual member" feature in your hosted wallet.

Today another account "dstnsn" is upgraded to annual member, and will be affected by this issue.
BlockTrades isn't involved in any of the referral stuff, but I'll double check when I see Valentine tomorrow to make sure he knows about it.

292
Openledger / Re: No support ?
« on: February 07, 2016, 05:52:29 pm »
Quote from: abit on February 07, 2016, 05:18:26 pm
Quote from: dannotestein on February 07, 2016, 04:37:42 pm
The openledger gateway is back up. It was down from approx 11:59pm till 10:00am EST due to an error caused by new ether support. Unfortunately, it looks like this happened around the same time as some attractive order was available on the dex, and several people couldn't take advantage of the order as they weren't able to obtain additional OPENBTC during that time.
@dannotestein I think you mean CCEDK gateway? I don't find an "openledger gateway" in my light wallet. Was metaexchange or blocktrades down in the same period?
Sorry I was unclear, I meant the CCEDK gateway. Other gateways were up.

293
Openledger / Re: No support ?
« on: February 07, 2016, 04:37:42 pm »
The openledger gateway is back up. It was down from approx 11:59pm till 10:00am EST due to an error caused by new ether support. Unfortunately, it looks like this happened around the same time as some attractive order was available on the dex, and several people couldn't take advantage of the order as they weren't able to obtain additional OPENBTC during that time.

294
General Discussion / Re: Appearance of Deflation vs No Dilution
« on: February 06, 2016, 02:54:55 pm »
Quote from: yvv on February 06, 2016, 01:41:19 pm
Quote from: JonnyBitcoin on February 06, 2016, 11:40:57 am
I've always thought in my head that total supply included the reserve pool and have never understood why we use the word dilution.
It's not dilution it is using our reserve funds.
These reserve funds are controlled by the the share holders.

You have to distinguish between your personal funds, which you can sell upon your wish, and company funds, which can not be sold by yourself. Personal property and public property are different things.
Yes, they are different in this case because the value of the shareholder-owned  property (I think public property isn't the proper word here, since it implies it's owned by the public where it's in fact owned by the shareholders) is implicitly already valued into the price of all the privately held "shares". If the shareholder-owned property is used as payment to 3rd parties (or even as dividends to shareholders), the value of the privately held shares go down. This is the same reason that stocks drop in price ex-dividend.

295
Stakeholder Proposals / Re: [Worker Proposal] Blockchain maintenance developer
« on: February 06, 2016, 02:50:16 pm »
Quote from: noisy on February 06, 2016, 08:14:28 am
@dannotestein what do you think about this idea: https://bitsharestalk.org/index.php?topic=19625.0

If you become a developer employed by community, would you stream your work? It would be additional promotion and knowledge sharing :) For sure I would watch it!
I'm heading to my parents today, but I'll take a look at the livestreaming in more depth when I get back tonight and see if it's something I can work with. One thing that I should make clear is that this worker isn't just really "me" (I'd be a mix of a manager who distributes and monitors work and a coder), so the livestreaming choice would be up to each individual (I'm certainly not comfortable to try to mandate anything like that).

296
Stakeholder Proposals / Re: [Worker Proposal] Blockchain maintenance developer
« on: February 06, 2016, 06:22:09 am »
Quote from: bitcrab on February 06, 2016, 06:13:49 am
I feel the current auti-dilution emotion in China community mainly come from:

1. BTS's price keeps in low level for long time.
2. no exciting news that convince shareholders/users that BTS have a good future.

even so, I don't agree to reject all the worker proposals, from my own opinion, I still would like to support the worker proposals with high priority demand, efficient work and fair price, on the other hand, I will keep neutral to or even reject the worker proposals with low priority demand, inefficient work or overrated price.

a little more constrictive financial policy is suitable to such a tough time?
In this case, I think the solution is simple. Vote for us, and see how we perform in 2-4 week time frame. If you don't like the results, remove your vote. One of the nice things about the worker system from the coin holder's point of view is it's very easy to "fire" a worker, without having to worry about any of the headaches that it causes for a normal business.

This "trial" approach might not work for large tasks, but it makes plenty of sense for a worker that is making small independent changes to the code base.

297
Stakeholder Proposals / Re: [Worker Proposal] Blockchain maintenance developer
« on: February 06, 2016, 06:12:58 am »
Quote from: abit on February 06, 2016, 04:55:27 am
Quote from: dannotestein on February 05, 2016, 05:34:51 pm
I've sent the official proposal to the blockchain. It can be found in the wallet under "Voting" in the Workers tab as "Blockchain maintenance developer". As a side note, as I just found this out: you need to press either Approve or Reject, and THEN you must press Publish Changes button at top of screen. I've suggested a change to this interface since it deeply confused me.
This https://github.com/cryptonomex/graphene-ui/issues/718? I've added some comments there.

Basically you're asking for $200 per day with weekends/holidays included. What's your hourly rate? Will you make daily/weekly work reports? The biggest obstacle here is how to validate/value your work.
As indicated previously, we would make monthly reports. Daily reports would just be insane, IMO. If someone wants to monitor more closely, they can always look to github commits, but I don't expect daily commits to github for many tasks (e.g. I expect the bandwidth consumption issue to take more than a day to solve). Also, a side point, since you mentioned weekends, for the past few years Eric and I both work partial days on weekends too (usually 2-7pm). It' a nice time to work, as there are fewer outside interruptions.

Quote
Imo you're a bit too optimistic about the worker.. Take it seriously. Politics matters. If bytemaster voted for your worker with no reason, will make a big trouble with Chinese community. If bytemaster doesn't vote, your worker is hard to be approved. Better do something first and apply for the worker later. Just my 2 cents.
I'm expecting BM to vote in favor of the proposal, but certainly not for "no reason". He's well aware of what we can do since we've worked with him since before BitShares even existed. And these rates are far below what we charged him (and the company he worked for prior to bitshares project) for past work, so he knows what a bargain it is.

Truthfully, I don't even to expect to clear any real direct profit from this worker, given the anticipated expenses in man hours and salary rates. The biggest benefit to BlockTrades will be gaining familiarity with new parts of the code base and having a better blockchain to build our businesses on.

298
General Discussion / Re: Appearance of Deflation vs No Dilution
« on: February 06, 2016, 12:06:20 am »
I've thought about the same thing, Riverhead, but I think the essential issue is the reserve BTS is sort of "owned" by all the BTS holders (as they can vote to have it used to their benefit). So this is similar to when a company has purchased shares of it's own stock. In such a case, I think the valuation of the stock held by the company is implicitly priced into the value of the "regular" shares held by the shareholders.

In the case of ripple, I think the shares in question were held by founders, not by all the coin holders. In that case I think it's fair to count it as part of the supply (although maintaining a supply of your coin that's not generally known to the general public seems quite underhanded, if that's what happened). But I never paid close attention to what ripple was doing, so I'm not accusing anyone there of anything.

299
Stakeholder Proposals / Re: [Worker Proposal] Blockchain maintenance developer
« on: February 05, 2016, 05:34:51 pm »
I've sent the official proposal to the blockchain. It can be found in the wallet under "Voting" in the Workers tab as "Blockchain maintenance developer". As a side note, as I just found this out: you need to press either Approve or Reject, and THEN you must press Publish Changes button at top of screen. I've suggested a change to this interface since it deeply confused me.

300
Stakeholder Proposals / MOVED: [Worker Proposal] Blockchain maintenance developer
« on: February 04, 2016, 07:46:22 pm »
This topic has been moved to Workers.

https://bitsharestalk.org/index.php?topic=21296.0

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