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General Discussion / Re: What does Peter Todd mean in his tweet about P.O.W.?
« on: January 26, 2015, 11:34:41 pm »
Not worth understanding any interpretation under which that can be argued to be true
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Is the plan to modify the code such that any paid delegate (>3% pay) which has less than the number of votes of this cutoff delegate will not get paid (or will be paid at a 3% rate instead?)
This would essentially allow shareholders to vote for a bar of approval wihch must be crossed in order to be a paid delegate which is higher than simply "be one of the 101 with the most votes".
I'm not sure if thats a good idea or not, but its interesting. Is that the idea behind this delegate?
Gonna put you on my slate when back at the computerAdded you to my slate
Won't adding this delegate to other trusted delegates' slate compromise its entire purpose?
Don't we want stakeholders to explicitly vote for this delegate if they believe its approval rating is lower than what they think the vote-of-no-confidence threshold should be and to take away some or all of their vote if they think the approval rating is higher than what they think the threshold should be? If this is added to the slate of well established delegates, then I don't think we can really infer much from the approval rating of the "paid-delegate-cutoff.misc.nikolai" delegate, which defeats its entire purpose.
How easy would it be to implement this in BitShares? TLDR; Payments are locked for nBlocks and refunded unless a secret from receiver is revealed.
https://bitcointalk.org/index.php?topic=628547.0
http://upcoder.com/11/atomic-cross-chain-exchange/
I would love to be able to trade BitUSD for Bitcoin or other alts directly and not have to deal with going though BTS everytime.
I would love to see this. Ant not even have bitBTC at all, just real BTC on the internal exchange. Wow can you imagine how useful this would be, a real decentralized exchange you can send bitcoin to directly. This would raise the value of bitshares tremendously. People would love this. I know this is possible, I hope it gets implemented.
You can fit 111 integers
Wait does this mean you can either vote for delegates with your BTS stake or use the space for other voting stuff but not both at the same time?
we removed the requirement that stuff in the slate be a real delegate ID so that we can do opinion polls as part of the normal voting process without big changes. Using this for governance is something I will be working on
Interesting... Are there size limits on the bytes that can be stuffed in the "slate" other than the maximum transaction size?
It is really difficult for the stakeholders to control their votes precisely to get the approval voting of the "paid-delegate-cutoff.misc.nikolai" delegate to their desired value. But I appreciate the intent despite the hacky solution.
Can we get a new UIA to automatically be allocated to a snapshot of another asset (such as BTS) by the 0.8.0 milestone along with the UIA proposal voting feature so that we can determine true BTS stakeholder consensus on any topic?