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Messages - bitmeat

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811
Correct. Shutdown and restore - same thing. Interesting to note that pending transaction was to register a new user including a delegate. Then in pending errors it claimed it was duplicate. So I cleaned pending. Shut down restored. And user appears to be registered. But then sending to that user - nothing just sits in pending. I haven't tried to see to my other usernames

812
Is it unsafe to backup wallet and go back to previous version?

813
Just sit in pending forever.

814
I appreciate the thought delegates, but until we see what the income level is and whether it is enough to cover a VPS at $30 per month you may want to be conservative as you can decrease your pay in the future, but not increase it. 

Put another way, if delegates can operate on just 5% of the fees, then our transaction fees are 20x higher than necessary and our customers are the ones who pay that price. 

So consider carefully who you want to appeal to:  customers or shareholders and strike a balance.   It is possible for delegates to reduce the required transaction fee.   I wouldn't reduce it at this point in time because of SPAM control, but you get the overall idea.

Good point about cost to customers, however we don't control the fees, at this point, do we?

I have a question - why couldn't you do regular POS where instead of balance you use the number of votes? And thus remove this bizarre 100 delegates number. Let the shareholders decide how many delegats they want.

i.e. traditional POS with balance age, resetting to 0 when they sign a transaction. But instead of balance, use vote balance.

815
Done by voting - should improve the rating of some "low cost delegates".

Thank you, CalabiYau!

I really can't believe that most delegates are 100% Payouts. Is there really not a single whale who wants to help the ecosystem by increasing the burn? Or is it that whales are better off keeping the profits to themselves?

816
General Discussion / Re: Get rid of init delegates
« on: July 21, 2014, 12:08:18 pm »
That also might mean that you have that much less than before when you originally casted your vote.

817
I think BM should look into solutions to allow more delegates, or after every 100 blocks allow candidate delegates to produce a block in order to gather stats/prove their worth.

 +5% for something like that!

hope it comes not to late...

It will, he already said he likes the idea, but it's good to let ideas stew for awhile, to find the best approach. I'd rather see a good solution. I think there will be a hard fork at some point for the order book execution, so that would be a good time to introduce a change in it.

818
I intend to write tools for delegates. But for that I want to become one so I can experiment.

 +5%
you have my vote!


PS I like the way you think in general
     You convinced me to reduce my pay rate also to  +5%     ;)

Thank you! I've revoted for all of you with the 150K I just added as well. Yeah make sure to send all your balance to yourself so it gets reflected in the transaction.

Let me post an example (I'll add it to the main post too):





819
happyshares, you may have good intentions, but this fails in principle.

The whole very idea that you are bribing for votes is not cool. At least that's my stance on that.

Granted by reducing my payrate to 5% it is a bit like bribing shareholders, but I'm also increasing the value for all shareholders.

I think BM should look into solutions to allow more delegates, or after every 100 blocks allow candidate delegates to produce a block in order to gather stats/prove their worth.

820

I am  +5% convinced
Code: [Select]
calyauwall (unlocked) >>> wallet_approve_delegate kpd-1
Delegate approved.
calyauwall (unlocked) >>> wallet_approve_delegate dele-puppy
Delegate approved.


Once you approve a delegate, it doesn't really cast the vote, until you make a transaction. You could send a transaction to yourself.

Also if you only send 1 BTSX, then only 1 BTSX is counted as a vote. You basically need to send ALL your balance to yourself after casting the vote.

They should have made this easier for voters, but oh well.

821
General Discussion / Re: Selling 150k BTSX
« on: July 21, 2014, 10:01:43 am »
Well I sold a bit more than I wanted to. I got the StorJ I wanted. And he offered me 10% more BTC than I paid you, so why not? :)

Good deal then!  I am happy for you!
Better deals are coming though, as I said, so keep your BTC ready!


P.S. yehhh you are repeating my steps, the reason I bought from you is/was - I sold more than I wanted to just to close the deal!



P.S.S.
On the srorj thing… I am too lazy to put it in words again what I think. But if so inclined search my post – In short – they (storj and everybody else Maidsafe/FIA  you name it, do not have ‘The solution’ they have just ‘a product in that sphere’. And generally no plan how to capitalize on that said 'product’.

Just my 2  Butsies.

I agree with you! In fact I'm working on MaidSafe/StorJ competitor (only design stage, I guess I want to find the solution before I go ask for donations) But I can't kick myself if once they have the funding and figure it out, what's 5 BTC in that space?
It's just a hedge.

822
General Discussion / Re: Selling 150k BTSX
« on: July 21, 2014, 10:00:45 am »
Some people have bills to pay, or other opportunities...

823
General Discussion / Re: Get rid of init delegates
« on: July 21, 2014, 08:30:57 am »
I intend to vote for the most promising delegates other than init* tomorrow when I get a chance.  We need a very diversified group of delegates and the whales want that as well. 

The init delegates have no incentive to harm the network and have no extra power.   If you want them out then find a measly 3.9% of the shareholders to take care of it.

Right now the funds received from the PTS angel address are voting for many of the initial delegates, but also some of the other delegates.   I plan on using those funds to bring in more delegates tomorrow.

I also don't think shareholders are aware how the voting works. To my knowledge only amounts transferred really affect votes. Can you clarify?

Is there a good infographic about that? My experience showed that unless I transfer ALL my BTSX to myself - the vote count doesn't really matter.

So in other words when people do wallet_approve_delegate kpd-1 they don't really cast any reasonable size vote until they TRANSFER their shares (even if to themselves)

824
General Discussion / Re: Selling 150k BTSX
« on: July 21, 2014, 07:28:36 am »
Well I sold a bit more than I wanted to. I got the StorJ I wanted. And he offered me 10% more BTC than I paid you, so why not? :)

825
MemoryCoin / Re: [ANN] Memorycoin v3 in the Works
« on: July 21, 2014, 07:06:39 am »
But the question is - will there be a hard fork, and will there be dilution.

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