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Topics - lafona

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General Discussion / Maker Taker Incentive/Fee parameter for Assets
« on: September 13, 2018, 03:44:50 am »
I see that something like this was written up as Bsip-3 and deferred and I feel that this is worth bringing up again for discussion. In general I would like to see an option for asset owners to specify maker and taker fees separately. One thought is to allow these values to be positive or negative as long as the sum is greater than 0. Thus an exchange could set the maker fee to 0 or even offer a rebate by making it negative, essentially paying from the taker fee. Some possible benefits are listed below.
  • Reduces the minimum profitible spread, allowing makers to reduce spread further. With many assets at 0.2, the minimum profitable spread would be 0.4 percent. With a structure like this, it could be reduced to 0.
  • With more and more gatways/exchangesit could be beneficial to have an easy on chain market maker incentive option. Looking at cryptobridge, the market maker incentive program appears to be a success however it requires additional work from the exchange and ultimately will not be as transparent as an on chain feature. You might say a feature like this could be an additaional selling point for new exchanges deciding on using bitshares.
  • Could be an interesting experiment for committee assets to incentivize additional market making activity and potentially increase the supply of bitassets. On of the current challenges for the creation of bitassets is how to incentives shorters. With the advancement of the dexbot software, market making is a potential source of return for these users. If there was an additional maker rebate involved this could increase the return on such a setup.

I think the ecosystem is making big strides in increasing liquidity with the combination of exchange and community efforts, and I think something like this would only enhance those efforts. Any thoughts?

General Discussion / Interactive Charts and Graphs
« on: April 01, 2017, 08:56:30 pm »
Hi everyone,

I have working on some interactive graphs for data pulled from the blockchain  and I was hoping to get some feedback from the community.

First, do you think these types of graphs could be useful? They are not quite as real time as a block explorer(updated daily or maybe hourly), but I think they could be useful for specific datasets 

Second, are there specific topics which you would like to see displayed? One of my thoughts was to graph different witness performance metrics as that has been a recent topic of discussion, but if there were other topics more beneficial for new users, that might be better to focus on.

Any comments or questions are appreciated. Thanks

link: Feed_History


General Discussion / Are you getting the most out of your votes?
« on: February 26, 2016, 02:21:19 pm »
With the recent split over dilution/anti-dilution, I wanted to point out an interesting feature (the reject button) of our worker proposal voting and discuss its implications on how it can be used. Since the reject button subtracts votes from an option, it can be used as a way to amplify the weight of your approval votes. This is because the worker approval process is based on the competition between human workers and the refund/burn workers. Instead of simply voting for the worker of their choice, a shareholder could reject the competing parties to double their weight. To find examples one can look at the current voting report at

Because of the current split it is easy to see this technique applied to both sides by looking at the first two columns.
Currently boazi is applying the full strength(2x) of their votes in support of the refund/burn workers.(one far side of the spectrum)
Angel on the other hand is using the full strength(2x) of their votes in support of the human workers. (other far side of the spectrum)
Thus if one wants to look at the potential effect of their votes, they need to look at the difference between the workers they support, and the workers in competition.
I hope this is helpful. I was thinking about it the other day and it ended up influencing the way I voted with my stake. Feel free to comment or correct anything I might have mistaken.

Stakeholder Proposals / Witness: delegate-1.lafona
« on: February 21, 2016, 05:24:14 pm »
Hi Everyone,

I would like to first thank everyone who has voted for my witness(delegate-1.lafona), I have enjoyed the opportunity to be an elected witness and I hope to have that opportunity again in the not so distant future. My other motivation for posting is to offer more information and try to answer any questions.

I had been an active Bitshares 2.0 witness from the first day of the network up until a few days ago and I actively participated in most if not all of the graphene public test networks. In addition I ran a payroll delegate for Chronos during the last few months of Bitshares 0.x as mentioned in the thread below.,16536.45.html

I have also run delegates for the PTS DPOS, Devshares and Play networks.

I currently run a witness node on a Virgina based AWS VPS (2 cpus, 4 GiB Memory) and a seed node on a (1 cpu, 2 GiB) vps.
During the time as an active witness my node produced over 115000 blocks with less than 0.6% of blocks missed and was in the first 66% to produce blocks after the two network pauses.

For additional information:

I hope this has been informative and I thank you for your future or continued support.

Technical Support / Pull requests for updating seed nodes
« on: February 12, 2016, 04:29:29 pm »
I was looking through list of seed nodes on github and it appears like there are some waiting pull requests which would drastically increase the number of seed nodes used(either by updating addresses or by adding new nodes).

General Discussion / Secondary market for blockchain timeshare resources
« on: February 12, 2016, 04:19:44 pm »
Hi so I mentioned the idea of a blockchain resource secondary market in the mumble today and after listening I wanted to discuss some modifications.

From my understanding there are at least two main network resources to be used by operations, bandwidth and memory.
Since the ownership of BTS represents owning a time-share portion of the network we could say that each BTS represents ownership of X bandwidth and Y memory. Then BTS could essentially create these assets at some predefined rate. Since the resources have different properties, the tokens should also have differing properties. ie

bandwidth tokens
-have a predefined lifetime(real bandwidth does not carry over)
memory tokens
-are sharedropped or allocated once(memory should be constant except for specific hardware upgrades)

One benefit of splitting these into discrete tokens is that you could charge a fee that more directly represents network usage.

transfers= 1 bandwidth
market_order= 1 bandwidth, 1 memory (memory is returned on order cancellation or fulfillment)

The main benefit would be that you could you could resell your unused resource tokens on a secondary market to users looking for bursts in bandwidth adding potential income to bts holders.

Also this could potentially fit into the current referral program by structuring the resource fee in a similiar 80/20 split. The referrers get the 80 spent by referrees and can either use or sell it on the secondary market. Lifetime membership would refund the 80 back to the referree as it does now.

Parameters like bandwith token life, memory token supply, bandwidth token creation, and the associated fees could be adjustable by the committee to allow for adaptation to various hardware or usage scenarios.

One potential drawback could be the amount of overhead this could add to track the creation, movement, destruction of the bandwidth tokens. My best guess might be to only create these tokens when they are used or sold.

Anyways I wanted to post this in case the ideas might be helpful or fun to discuss.


Muse/SoundDAC / Interesting Popular Science Article
« on: December 23, 2015, 04:12:36 am »
Thought this was interesting. What she describes as her ideal "Mycelia" system sounds an awful lot like what you guys are trying to build. Not sure how to contact her but she might be receptive to the idea of using Peertracks.

General Discussion / Metafees:USD Market Arbitrage refund
« on: November 07, 2015, 05:07:45 pm »
A little earlier I found an order for Metafees:USD which was significantly above the market price. I was initially going to take it for a little profit until I realized that the price was off by an order of magnitude and most likely a typo. As a result, I still filled the order, but with the intention of refunding what would have been a pretty nice profit. So if you had an order on that orderbook which was executed about an hour ago, please pm me and we can try to figure this out. Or if someone knows of a way I can Identify this person through the blockchain. Please let me know.

As many of you may know from the other thread,16536.0.html, chronos has stepped down and will no longer be paid by this delegate. Suggestions were made to burn the funds or to give them to bytemaster to use for bitshares development. Since the forum is not the best option for polling in my opinion, I would like to the community to express their opinion by voting for or against the delegate. To keep this as simple as possible, if the delegate is still voted in at the end of the new pay period(end of the 15th of September) the funds will go to BM. If it is voted out before then, then I will burn the funds collected after chronos's last payment. With the changes in the delegate line up that have been happening over the past few weeks, it shouldn't be a problem to vote out the delegate if enough people are against the continued dilution. To give everyone a chance to see this and decide for themselves, I will try to bump the thread occasionally. As usual, feel free to discuss or ask any questions here.

DAC PLAY / New play release with hardfork at 1340000
« on: September 01, 2015, 02:56:28 am »
Just a heads up there was another release (0.3.3) with a planned hardfork at 1340000.

Technical Support / Bitshares 2.0 Witness Setup Questions
« on: August 05, 2015, 01:40:56 am »
I am trying to import one of my sub accounts and setup a witness following Is it possible to import only a sub account ie delegate-1.lafona or do I have to import the lafona parent account?

Also I had to modify the following command, not sure if it was a typo or if it should have worked without changing it.

./programs/cli_wallet/cli_wallet -s ws:// 

./programs/cli_wallet/cli_wallet -s ws://

DAC PLAY / New Release0.2.0 + Hardfork
« on: July 21, 2015, 01:10:52 pm »
Just a heads up for other delegates, it looks like there is another release with an eventual hardfork.

I just have a question about where the fees go once they are collected. At one point I remember them being all burned, then I thought they were added to delegate pay to give it a little boost. In the latter case a 100% delegate would actually receive 50 BTS+ (some amount from fees) per block produced. Is this still the case? Thanks

General Discussion / New Gateway Tutorial/HowTo?
« on: June 06, 2015, 04:58:53 pm »
Do we have a tutorial or information for creating a gateway. I know we have some info on what a gateway is and how it can be profitable, but I don't know where to look for help on setting one up. Also are some of the pieces already open sourced/open to the public for use.  I would like to learn more about the process, and figure I can try to aggregate what I find into some form of tuturial. Thanks

DevShares / New DVS delegate
« on: January 14, 2015, 04:44:21 am »

I set up a delegate delegate3.lafona and would appreciate any votes. I dont have enough DVS to vote in by myself but would very much like to be an active delegate. Thanks

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