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General Discussion / Re: Bter now accepts BTSX deposits/withdraw and trading
« on: July 25, 2014, 03:53:18 pm »
Will the withdrawal limit be increased any time soon?
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Newbie question - how do you guys take those snapshots of your screens?
Basically we got two unintended, inevitable consequences of DPOS:
1. People can delegate the job of voting to a slate.
2. Delegates can pay the individuals who vote for them.
We are now mitigating the risks these schemes pose.
Like Delulu I am most concerned about the Cynical Economy Threat: People will vote for delegates and slates that pay the most for individual votes (not via burn that appreciates everyone, but directly).
Virtual Mining Pool
People mine in our virtual pool by giving us hashing power, you direct this power to the profitable minable coins at that moment, and then at intervals sell everything you earn to buy a non-mineable coin (btsx in this case) and give it back to the miners proportional to the power they contributed. Thus the people who mine in your virtual mining pool experience the situation as if they are mining btsx.
Me too !
bitsharesxblockchain.com