IIRC covers are ordered by their margin call limit, and orders with identical limits are in fact ordered by their owner address.

LOL oh ok, well at least it's within the same order limit bundles

too bad the secondary ranking isn't done by expiration date! maybe an easy fix for future update?

Quote from: cylonmaker2053 on June 19, 2015, 12:33:54 pm

Quote from: topcandle on June 19, 2015, 12:34:44 am

What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding

What was this?

I remember they gave(from AGS fund) BO SHEN 400 btc for Chinese marketing purpose.
Is there still something left?
and i also want to know how BO used this fund.

wow, that's quite a hefty capital injection...where were the terms? purely for marketing in China? Any expectation of ROI? i'd also love to see how the funds were spent, but is that public knowledge, or was this a private deal?

Any ideas on the magnitude of funding needed?

Quote from: cylonmaker2053 on June 18, 2015, 09:22:37 pm

Quote from: monsterer on June 18, 2015, 07:14:25 am

Quote from: starspirit on June 18, 2015, 05:35:05 am

i) more flexibility in the incentive structure, for example the possibility to take a royalty as well as just trading fees, and the ability to share fees between the designer of the asset class and promoters of various specific assets within that class (parametizations of that asset), and

ii) extending the flexibility of privatised Smartcoin design, primarily through the use of customised scripting, to generalise its application to a much more diverse range of possible structures.

ii) requires a scripting language built into the blockchain, and the complexity equals that of etherium.

I think there is a plan for smart contracts of some kind, but the details aren't available yet.

this is definitely a cool idea for future experimentation; i know i say this often, but i think the community should focus all effort on making the existing p2p asset trading platform awesome, make it such a compelling value proposition for the handful of assets currently trading, and then encourage the natural transition for these assets to be used in trade. If we get this right for even just bitUSD, then the entire network would be orders of magnitude more valuable. from there, experimentation with other value propositions / use cases for the blockchain can proceed with a big source of capital underlying the base.

I appreciate the sentiment. We have limited resources and need to prioritise. What I'm trying to do is my bit to help get the asset trading platform to the position where it is "awesome" enough to be self-marketing. When we see demand for our core products expanding their markets beyond the immediate bitShares community, we will know we have reached that first stage of success. We've made a lot of technical progress in that direction, but its not complete. We will have a network platform unmatched in its performance. To really impress the broader market with our products, we need stable currencies that maintain tight pegs, tokens that track the performance of any external asset with tight tracking errors, and the ability to take leveraged positions based on asset performance. Only then, in my opinion, will we have all the essential ingredients for an unmatched peer to peer exchange.

The generality sought in my OP was perhaps overly ambitious for now. Yet I am hoping that we can put in place a project to extend the proposed scope of Smartcoins, to the minimal point required where the designs for these exchange services can all be properly implemented, to launch our wider success. Then that will just be the end of the beginning...

Love it! 

What happened to Chinese funding?  Thought that was provided indefinitely.  Is that still available in emergency uses? Why the need for vc funding

What was this?

Not a question, but a thought I'd like to keep expressing to the group:

BTS has a winning core value proposition of being the first/best p2p asset exchange, and that the 2.0 upgrade seems to bolster that core value by upgrading the tech infrastructure.

There are a lot of ideas floating around this forum about tangential ventures using the blockchain. those are great for the long run, but the near term battle will be won by making our core business as awesome as possible, super easy to use, and compelling for all sorts of customers to start using the system. what would kill this business is if we diluted the core biz and let someone else dominate that potentially multi-trillion-dollar market. how long before some offshore hedge fund realizes this and pumps $50M into designing a superior p2p asset exchange?

hopefully blockchain tech is part of a broader social revolution where people can peacefully choose alternative systems designed to meet all sorts of wants and needs. If the BTS mission of creating viable p2p asset markets is successful, that, alone, would be a massive disruption to the predatory gatekeeper / oligopoly world of finance that currently dominates. BTC is another great example of having the potential liberate people from banking cartels and financial repression, in general.

#vivaLaBlockchain