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