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Topics - cryptillionaire

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Technical Support / MPA creation questions
« on: June 22, 2016, 04:05:02 pm »

I've got some questions regarding the creation of a new market pegged asset:

Is there a naming convention that I should follow for market pegged assets? Say I want to create a new MPA for an alt, would you call it 'altcoin' 'bitaltcoin' etc?

Think just calling it 'altcoin' would create confusion for users when requesting payment? Specifying bit<altcoin> emphasises that it's a different token from the actual altcoin.

How do price feeds work for newly created market pegged assets? Do I need to approach the committee's or witnesses to get them to publish feeds or request support in price feed scripts (on github)?

The minimum price feeds field - is that the quantity of sources of price data or just the quantity of witnesses/committees providing a price feed to the MPA?

If I don't enable market fees, do I need to cover the transaction fees with a fee pool that I pay to maintain? Or are the MPA's transactions 100% free?

Technical Support / Smartcoin/UIA interest?
« on: May 30, 2016, 03:48:35 pm »

I remember that BTSX used to advertise 5% interest on all smartcoins/anything - does anyone have links to the reasoning behind removing interest on these assets?

Such interest was a major initial selling point for me when I first got into BTSX, was it the case that 5% was too much or that the system became incompatible with the new BTS system?


Stakeholder Proposals / [POLL] Preference of delegate VPS location?
« on: September 28, 2014, 11:43:49 am »
I've been seriously considering establishing a delegate campaign, but have been unsure where to base the VPS.
BTC38/BTER seem to be the most active exchanges, and BTSX/CNY seems to be the most actively traded pair.

I'm thusly planning on basing my delegate's VPS in singapore/japan, probably one of the following:

Anyone got any preferences or intel on what would be the best VPS in south east asia?

Technical Support / DPOS - does your vote expire?
« on: September 27, 2014, 09:35:49 pm »
So in order for my vote to count, I need to send a transaction to myself (the entire balance?), but does the value of that vote go down every several thousand blocks, or is it permenant?
Is it permenant, but the 5% inactivity fee will be introduced to try to keep people from forgetting about btsx?

I think it makes sense to make your vote worth less slowly in increments the longer you don't transfer those coins.. I suppose it's kinda like how reddcoin is introducing velocity into posv, but instead of to encourage an active economy, to encourage an active democracy/election process for dpos? I wouldn't lose any coins apart from the 5% if i'm inactive for a year..

Aparantley this has a huge impact on linux/unix/osx servers with bash installed; if you've got it installed, please update it and keep ontop of this news!

Stakeholder Proposals / Delegate consortium
« on: September 24, 2014, 02:38:19 pm »
A consortium is an association of two or more individuals, companies, organizations or governments (or any combination of these entities) with the objective of participating in a common activity or pooling their resources for achieving a common goal.

I was thinking, instead of working towards a closed access foundation, how about a democratic consortium where delegates can discuss/vote on important topics as representatives of the users they were elected by?
I've found a few of the following, what do you think? Think the voting DAC that's been recently snapshotted would be more suitable?

Open source: see demo: git repo:

Closed source:

Not released yet:

Technical Support / Inactivity fees on bitassets?
« on: September 16, 2014, 04:16:16 pm »
Is there an inactivity fee applied to bitassets? It would only make sense to have such a feature if the delegate voting took bitAssets into account when voting, but I think it's only BTSX? That right?

General Discussion / How legal are DACs around the world?
« on: September 14, 2014, 01:32:40 am »
I'm really interested in crypto, but i'm uncertain where the evolution of cryptos and DACs is going in terms of legal status in countries - like some countries have banned bitcoin, have any got a negative stance on bitshares/other DACs whilst they're accepting of bitcoin?

Are delegates going to run into the risk of suffering the same fate as this guy hosting a proxy server in the uk?

Do you think delegates should have their servers behind fast vpn connections to hide their locations? Would it be inadvisable to host a delegate server on a cloud computing company based in the USA and Europe (Azure, Amazon, Heroku, etc) and instead host them in where the most volume is for bitshares (china/east asia) in the best area legally?

Anyone else thinking the same and don't know if becoming a delegate is safe?

Technical Support / BTSX bitAsset contract support?
« on: September 14, 2014, 12:15:19 am »

I'm trying to properly figure out BTSX, and have been wondering - since users can issue their own bitAsset through BTSX, can you make contracts for the bitassets at all? So I don't have to host a centralized server for such functionality? Or is that thinking too much like ethereum?

Lets say I want to reward users with shares of these bitassets, but I don't want to have to pre-mine the full amount in order to hand it out and become responsible for that full amount of bitAsset - that's a massive amount of centralized power that I don't want over a bitAsset.

Lets say i'm a delegate, and whilst I'm in one of the delegate positions I run a service that rewards users my own bitAsset, but I don't have control over the full 100% of the coins - I only make the contract and can become a  user myself and earn the bitAsset with no unfair advantage.


Technical Support / [BTSX Question] Delegate fees only in btsx?
« on: September 11, 2014, 01:36:45 pm »

Are the fees that delegates are paid in only come in the form of BTSX?
Like if i send someone 1 bitUSD or 1 bitBTC, does the delegate get a slice of the fees in said bitasset? Are there fees applied to bitassets? Are fees taken from bitassets switched to btsx?

Cheers :)

Technical Support / Btsx linux build instructions references old openssl
« on: September 09, 2014, 11:28:37 am »

Whilst reading the build instructions for btsx on linux (, I noticed that it was instructing users to install openssl-1.0.1f - this site states that 1.0.1f is vulnerable to the heartbleed vulnerability.

Can someone update this to reflect a newer version of openssl?

Cheers :)

DAC PLAY / Opensim dac/money extension idea
« on: September 04, 2014, 04:21:16 pm »
Hey guys,

Couple links first:
Opensim wiki on money implementations (poor implementations):

Basicly, think of opensim as an opensource virtual reality that's very similar to second life.
Hypergrid is an extension to opensim that links opensim servers together to create a mesh of vr worlds.

One massive thing that Opensim is missing is currency - there are centralized tokens that people are issuing, but that's a terrible solution! What if DPOS was implemented where a delegate has to host part of an opensim on our own hypergrid, and we track all currency and inventory on the blockchain?

Delegates would not only get fees on transactions, but users would also be buying land on their servers to create their own virtual reality areas. This would require delegates to have powerful servers, but it could be very profitable for the delegates to do so.

One thing that would be very difficult however is policing - who are admins? how does reporting work? etc.. tricky. Looks like hypersim might give such powers of policing to hypersim owners (in this case the delegates).

Thoughts? :)

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