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Messages - abelljefrry

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61
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: November 24, 2014, 01:10:46 pm »
Hey everyone, new BTS user here.

I have one stupid question regarding the transaction fees. So right now, it's 0.5BTS every transaction right? That's really cheap.

But what if someday the price of BTS = $10. Will the transaction fee remain the same at 0.5BTS per transaction? Or it will dynamically change according to BTS price?

62
General Discussion / Re: Is this the bottom?
« on: November 24, 2014, 12:49:30 pm »
Yup i'm also working on e-commerce plugins for bitshares. Will be integral for merchants to adopt a pay with bitshares model.

Will it work with Wordpress + WooCommerce? Just asking, because I run an ecommerce site using WooCommerce and willing to test your plugins once it's ready soon.  :)

63
Technical Support / Re: How does the voting system work?
« on: November 16, 2014, 10:30:23 pm »
And I have a warning sign next to my BTS balance which says "This account is not voting with some of its stake. Consider updating your vote."

I already updated my vote several time, but the warning sign is still there. What does it means?

64
Technical Support / How does the voting system work?
« on: November 16, 2014, 08:04:34 pm »
Hello everyone,

I'm new to BTS, today I just purchased some BTS and really excited to learn more about the functionality and features in BitShares client app.

Can anybody explain (ELI5) how the voting system work?

1. How to vote for a delegate? Any background check that I need to do before voting? Or I can simply vote anyone randomly?
2. How many delegates should I vote? Is there any limit? Why?
2. What will I get if I vote for any particular delegates?
3. How often do I need to update my vote? Should I vote a a few delegates before I update? Or update every time I vote for 1 delegate?

Thanks in advance guys!

65
Hey and welcome. It's because of the hardfork that just happened, it implemented a change in how delegates are paid, from fees before to an inflation model now. Because of this all delegates had their payrate set to 3%.

Hey thanks for the explanation. That clear the air for me. I thought there's something wrong with my client app. LOL.


66
Hello everyone,

I'm new to BitShares, just installed the app and registered my account yesterday.

While playing around the BTS client app yesterday, I noticed that the delegates average pay rate is around 85%. When I check again just now, it's 3%. And I think all of the delegates set their pay rate to 3%. May I know what is going on? And how will this affect the BTS market? Or there's something wrong with my client app?

Just wondering, trying to understand the whole mechanism behind BTS.

67
Hello everyone,

I'm new to BitShares, need some help to register my account. Here's my account key:

BTSX4vQ7jMKqAiwtN23GvhZAigv4yXzLbswGrnhZzKk7z58KmgpJgp

I'll pay it forward. Thanks in advance guys.

Sent.

BTS received! Thanks a lot!  :D

68
Hello everyone,

I'm new to BitShares, need some help to register my account. Here's my account key:

BTSX4vQ7jMKqAiwtN23GvhZAigv4yXzLbswGrnhZzKk7z58KmgpJgp

I'll pay it forward. Thanks in advance guys.

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