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Messages - Bangzi

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General Discussion / Re: How to use Committee Funds
« on: September 16, 2019, 11:34:33 am »

5-10% / month? that's 200-300% APR...

We're a decentralized exchange....not decentralized loansharks :D

Obviously now is brainstorming phase. Please try to think out of the box, don't limit yourself as decentralized exchange. There are so many things we can do with the fund.

3. Competition - Promote new feature such as the prediction market. The competition should run in testnet, bring new users to try the feature, report bug and UI team can improve user experience based on their feedback.

4. Donation - Donate when some disaster happen, just to help people and get some media exposure. We can even setup an account for donation fund eg. DisasterABC-Donation, everyone who want to donate can send money to this account, it is transparent, everyone can check it and avoid middlemen corruption.

General Discussion / Re: How to use Committee Funds
« on: September 16, 2019, 10:13:04 am »
1. Short Term Loan for Worker Proposals, Witnesses, Developers and KYC BTS Members
- Short term loan for WP, Witnesses ad Developers who need urgent money, the loan is backed by their future 1-2 months income. The interest rate suggested is 5-10% per month, if interest too low it may be abused. No KYC Required.
- Short term loan for long term BTS Holders, KYC required since they have no future income from Bitshares to support them. Interest rate suggested is 15-25% per month. Set a maximum limit how much they can borrow to reduce risk.

2. Invest in Startup/Business
- Some entrepreneurs have the knowledge and skill to build a business but lack of funding. If Committee decided to invest into them, then request them for a permanent free advertising slot for Bitshares (especially online business), integrate BTS and BitCNY/USD in their payment gateway and share a portion of their future profit.
- Invest in Startup/Business is very risky but worth to try because it is a good method to have great exposure to business world and if any of the business become successful, then Bitshares have positive cash flow outside of DEX.

General Discussion / Re: Committee Fund Operation Review
« on: September 12, 2019, 02:22:31 pm »
* BBF wants to pay bitCNY to workers according to the terms defined in the workers, the biggest part is for the core dev worker.

If BBF didn't accept the solution because they want to follow what is written in black and white, then just do an amendment WP to change the payout term from BitCNY to BTS. Voted in the WP for 7 days then consider community agree to change the term.

General Discussion / Re: Committee Fund Operation Review
« on: September 11, 2019, 09:10:21 am »
We need to make comparison before determine BTS price is cheap or expensive. Below is simple and effective comparison method since BTS aim to surpass BTC.

If BTS Market Cap more than BTC Market Cap, then is Expensive.
If BTS Market Cap less than BTC Market Cap, then is Cheap.

中文(Chinese) / Re: 比特股的未来,交易所还是稳定币?
« on: September 09, 2019, 05:22:28 pm »


In worst case scenario, try to ask for downgrade rather than cancellation.

中文(Chinese) / Re: 回顾2014-2016,看看现在
« on: September 08, 2019, 12:19:07 pm »
如果历史重演,那么一年后BTS价格会再度爆发 8)

中文(Chinese) / Re: 回顾2014-2016,看看现在
« on: September 08, 2019, 12:02:06 pm »
比较关心这个:隐私转账(Stealth)功能,因为第三方提供资金,只申请了个投票 worker ,最终底层代码引入FBA机制,手续费永久分成给STEALTH币持有者。至今,关于隐私转账的开发分歧一直存在,部分社区成员认为应该继续开发,部分人认为应该由STEALTH币负责开发


Stakeholder Proposals / Re: [Witness Proposal] Bangzi
« on: September 05, 2019, 11:15:51 pm »
Yesterday night emergency upgrade all my witness node, API node and seed node due to chain halt caused by a bug.

中文(Chinese) / Re: 比特股主网全部节点需要升级
« on: September 05, 2019, 03:41:38 pm »


中文(Chinese) / 比特股主网全部节点需要升级
« on: September 05, 2019, 02:11:01 pm »


中文(Chinese) / 比特股主网全部节点需要升级
« on: September 05, 2019, 01:01:08 pm »
比特股主网卡了 核心开发在调查 见证人在准备升级

中文(Chinese) / Re: 对一些问题的思考
« on: September 03, 2019, 08:51:02 am »


中文(Chinese) / Re: cn-vote积分公告
« on: August 31, 2019, 12:39:35 pm »
6.公会谋求申请worker,worker 工资将用cnvote发放,worker收入全部用来回购cnvote。


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