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Messages - dannotestein

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121
Technical Support / Re: Open Ledger won't let me trade
« on: June 03, 2016, 12:55:44 am »
Quote from: gamey on June 02, 2016, 11:13:37 pm

I am trying to buy open.dgd then see if I can actually acquire DGD. I have open.btc but when I go to buy open.dgd (I have about 5x the order and 300x the BTS it lists as the fee.) it tells me "Insufficient funds to pay fee." Is this "fee pool" thing the issue?

It is very frustrating.  I fluctuate between being like "Geez Gamey, maybe if you had used this great looking exchange you wouldn't be such a negative nancy" to "The fees and spreads are killing me and I can't even acquire a trivial amount of the token that started me down this path."
I believe the problem is the wallet doesn't use the fee pool to pay fees for market orders: it always requires you to have BTS to place orders. As far as I understand it, the blockchain would allow fees to be paid for market orders via a fee pool (any fee pool in fact), but extra code would need to be added to the web wallet to allow for it.

122
Stakeholder Proposals / Re: Refund worker lost support, and now we have a ton of workers
« on: June 02, 2016, 05:41:31 pm »
Quote from: santaclause102 on June 02, 2016, 05:37:17 pm
Quote from: dannotestein on June 02, 2016, 05:15:57 pm
Quote from: ripplexiaoshan on June 02, 2016, 05:08:12 pm
It's sad to see some workers get paid but don't work.
Which workers are you referring to? If you're referring to the blockchain maintenance worker, I've already posted that we will not draw from the fund except when we do some work, and if the fund builds up too much, we'll just send it back to reserve fund. To date, we plan to draw $1K from the fund for fixes to memo encryption, but I haven't bothered to do that yet. We're also at work on a dividend feature currently, and we'll draw some for that as well.

In other news, I have hired a new web programmer who will start in 2 weeks, and I plan to assign him some tasks related to improvement of the web wallet. If there's no major objections, I would pay him part of his salary from the blockchain maintenance worker and I'll subsidize the rest.
That sounds very reasonable. Thanks Dan. Do you plan to post all funds that you actually use /draw in you worker thread? I think that would be a good idea in this case (and in all cases of reasonable self governance becoming appropriate in such unexpected cases).
yes, I will post when I make a draw and describe what the draw is for.

123
Stakeholder Proposals / Re: Refund worker lost support, and now we have a ton of workers
« on: June 02, 2016, 05:15:57 pm »
Quote from: ripplexiaoshan on June 02, 2016, 05:08:12 pm
It's sad to see some workers get paid but don't work.
Which workers are you referring to? If you're referring to the blockchain maintenance worker, I've already posted that we will not draw from the fund except when we do some work, and if the fund builds up too much, we'll just send it back to reserve fund. To date, we plan to draw $1K from the fund for fixes to memo encryption, but I haven't bothered to do that yet. We're also at work on a dividend feature currently, and we'll draw some for that as well.

In other news, I have hired a new web programmer who will start in 2 weeks, and I plan to assign him some tasks related to improvement of the web wallet. If there's no major objections, I would pay him part of his salary from the blockchain maintenance worker and I'll subsidize the rest.

124
General Discussion / Re: Today is dev Memorial day - Observations on ETH.
« on: June 01, 2016, 03:20:02 am »
Without the support of exchanges who could figure out how to use the eth wallet, I think ethereum would have had a hard time gaining much traction. Most of the eth speculators seem to hold their ether on exchanges. This happens with plenty of other cryptos too, of course, but the problem was so profound that it seemed that many eth holders never transferred funds to their own wallets.

This actually forced us to change how we handled customers paying with ether: originally we used the "memo" method because ethereum really wants you to have a single address (similar to bitshares, although it's just a long ugly address instead of a name), but many exchanges didn't allow users to include memos on withdrawals, so we had to make custom modifications to the wallet to allow us to create new unique addresses that customers could send their ether to using their exchange accounts. This is more complicated than it sounds, because we then have to send some "gas" to that new address after the customer makes a deposit if they pay in some other token than ether (e.g. dgd or dao) in order to move the funds from the unique address to our primary address where we can spend it (there's no easy way to spend from multiple addresses automatically). All-in-all, it's a major pain.

And don't even get me started on their cli wallets...

125
General Discussion / Re: Today is dev Memorial day - Observations on ETH.
« on: June 01, 2016, 02:37:41 am »
Quote from: gamey on June 01, 2016, 01:53:15 am


For non-Americans who don't know,  yesterday was Memorial day.  A day where we honored the armed forces who "fought for our freedom".

Well a lot of you didn't know today is "developer's Memorial Day" where we give thanks for those devs that fought for our freedom.

Anyway, all jokes aside I downloaded the ETH wallet. I was impressed by the integration of ShapeShift to get people up and going. However other than that, this thing is buggy as fuck. My first attempt was not successful as I got stuck on some block.  (Might have been a sleeping laptop or something did this...)  So I switch from 64bit to 32bit and 32bit won't even run saying it is missing some component.  So I google how to delete the chain data and start over with v64. So I would take that as being 3 attempts. IMO Bitshares .9 was likely better than this.

I just wanted to post something positive and acknowledge the good work that WAS done by the BitShares team. Good job guys.
We've had our share of problems with it at BlockTrades, from missing functionality to outright bugs. One of the most recent bugs: we upgraded to a new version and our password was no longer able to unlock our wallet. I must have typed that password in 10 different times before concluding there just had to be some bug. We had to revert back to an old version to unlock it...

126
General Discussion / Re: Merger of STEEM and BTS
« on: May 30, 2016, 06:35:26 pm »
Quote from: crypto4ever on May 30, 2016, 04:06:10 pm
Quote from: karnal on May 30, 2016, 01:13:36 pm
Furthermore, a good part of the reason people want to avoid using centralized exchanges is due to privacy concerns, and given that the trail is completely transparent on bitshares.......

[...]
No, I stand by my assertion that the biggest use for the platform was to act as a stablecoin bank. And without stealth, it's never taking off.
Would you use your bank if anyone in the world could check your balance online?

Me neither. Nor would 99.999% of the people.

Anonymity comes from "how" you obtain BTS to transfer in, and "how" you exit BTS, by gatewaying it out.

You shouldn't need anonymity within the Dex itself.

I really don't think that's the problem.

I think the problem is soley limited to: 

a) Ease of Use

b) Popularity (you need to use the Dex because everyone else is using the Dex scenario, just like facebook)

c) Education and Advertising as an ongoing effort.

The DAC and DAO, and DEX, all have one fatal flaw.  There's nothing in its design that encourages ongoing promotion of itself.

This is why large corporations (even Coke and Pepsi) to this day, spend gazillions promoting themselves.  Do you think if Coke & Pepsi stopped advertising they would lose market share?  They're industry leaders already.   Yet they don't chance it. :)

Sure, someone could make an offer to do promotion in exchange for payment. But this is a tragedy of the commons problem.  No one wants to spend BTS on something that may not yield a return, so they wait for "the other guy" to do it.  Problem is, we're all "the other guy", and none of us is doing it either.

BitShares as a Dex is a tool that is hoping to go viral without any significant adoption plan.   You don't create a tool hoping smart people will discover the tool.   If that was the case, the next infomercial on TV showing the latest gadget would be non-existent.  They'd simply create a new gadget, put it on store shelves, and "hope" that smart people would discover it in the store, or go by word of mouth.

Word of mouth, and smart people, are very limited ways of growing adoption, and are doomed to fail.

As soon as we realize this problem, perhaps we can fix it.

(Oh, and everytime we get a little "blurb" somewhere in an online article, that is nothing to throw a party about.  That's the very minimal of what we really require)
I do think anonymity is an important issue for the DEX and one that needs a solution. I'm basing this opinion on changes I saw in usage of BlockTrades when BitShares switched from 1.0 which was closer to "bitcoin-level" anonymity to 2.0 (everyone sees everything). BlockTrades "lost" several of our larger customers, including our biggest customer at that time (no, it wasn't anyone related to CNX, but it was a prominent figure in BTS). But, from my understanding of it, I think "blinded transactions" would be sufficient to address the issue.

That said, I do agree that another of the biggest issues facing the DEX is marketing at this point. Most of the active marketing to date is being done by Ronny from OpenLedger, but I think we as a community can do more. I was really happy to see Chronos' worker proposal as it looks like a reasonably priced worker to help out in one of our weak spots: video documentation about various aspects of BitShares. I want to encourage anyone who hasn't voted yet to vote for his proposal and see how it goes.

127
General Discussion / Re: How many developers do we actually have in the community?
« on: May 30, 2016, 03:09:24 am »
Quote from: btswildpig on May 30, 2016, 02:37:41 am
Quote from: dannotestein on May 30, 2016, 01:56:40 am
Quote from: BTSdac on May 30, 2016, 01:41:05 am
Quote from: dannotestein on May 27, 2016, 06:42:13 pm
Quote from: BTSdac on May 27, 2016, 05:43:37 am
I  am working on developing base on dpos ,  and I have run a new testing chain  ,there are several new excited feature are finished
1. dividend feature of asset ,
2. platform feature ,
3. forecast market ,
and the test chain is on http://139.162.63.211
Hi @BTSdac ,

BlockTrades has scoped out some features we'd like to see in a dividend feature for assets, so we'd be interested to see how you've implemented yours. Is your work available for public viewing (i.e. via github or a public repository)?
because the network issue  , I cannot update my code my github.com ,
but you can look at  my test chain , dividend feature and GUI are finished 2 months ago.
hi btsdac,

we took a look yesterday at the dividend portion of your code, but it's not quite suitable for our needs. We need a cheap way to allow dividends to be accumulated from various operations and then be potentially auto-distributed at various specified intervals, and there's some other requirements related to trying to create a model for dividends that lets us closely model traditional dividends if that's what the asset custodian wants, yet also be able to offer "better dividends" when it's desired. We've spec'd out the basics of how we want to do it (data model, etc) this weekend, and we'll start implementing this coming week.

By the way, I'm curious, so could you elaborate on what functionality is provided in your "platform feature" and "forecast market"?

His idea is that you can build forcast or prediction markets with many parameters . if i'm not mistaken , it sounds like Augur
Ok, that was my guess for the forecast market. The one I couldn't really figure out at all was the "platform feature"...

128
General Discussion / BlockTrades has added support for buying/selling DAO
« on: May 30, 2016, 02:05:52 am »
BlockTrades  has added DAO to our list of supported cryptocurrencies. Coins supported for DAO trading include: bitcoin, bitshares, bitCNY, bitUSD, dash, doge, ethereum, litecoin, nubits, openusd, peercoin, steem, and steempower.

129
General Discussion / Re: How many developers do we actually have in the community?
« on: May 30, 2016, 01:56:40 am »
Quote from: BTSdac on May 30, 2016, 01:41:05 am
Quote from: dannotestein on May 27, 2016, 06:42:13 pm
Quote from: BTSdac on May 27, 2016, 05:43:37 am
I  am working on developing base on dpos ,  and I have run a new testing chain  ,there are several new excited feature are finished
1. dividend feature of asset ,
2. platform feature ,
3. forecast market ,
and the test chain is on http://139.162.63.211
Hi @BTSdac ,

BlockTrades has scoped out some features we'd like to see in a dividend feature for assets, so we'd be interested to see how you've implemented yours. Is your work available for public viewing (i.e. via github or a public repository)?
because the network issue  , I cannot update my code my github.com ,
but you can look at  my test chain , dividend feature and GUI are finished 2 months ago.
hi btsdac,

we took a look yesterday at the dividend portion of your code, but it's not quite suitable for our needs. We need a cheap way to allow dividends to be accumulated from various operations and then be potentially auto-distributed at various specified intervals, and there's some other requirements related to trying to create a model for dividends that lets us closely model traditional dividends if that's what the asset custodian wants, yet also be able to offer "better dividends" when it's desired. We've spec'd out the basics of how we want to do it (data model, etc) this weekend, and we'll start implementing this coming week.

By the way, I'm curious, so could you elaborate on what functionality is provided in your "platform feature" and "forecast market"?

130
General Discussion / Re: DAO/OPEN.DAO gate operational for several hours now (no hiccups, went smoothly)!
« on: May 28, 2016, 05:32:14 pm »
Quote from: cgafeng on May 28, 2016, 05:14:30 pm
Unfortunate, OPEN.DAO is no on the dropdown list.
And i connect to wss://bitshares.openledger.info/ws, anything wrong?
I believe the new version of the web wallet that supports OPEN.DAO deposit/withdrawal was just released yesterday, so it may not be available in the light wallet yet. So you either need to access from this URL:

https://bitshares.openledger.info

Or from some other web wallet that has been updated to the latest html code  in the master branch of the bitshares uii repository: https://github.com/bitshares/bitshares-2-ui.

Just to make the above clear: it's not sufficient just to be pointing to the openledger websocket URL, you need the updated html that is hosted on openledger site also (or any other web wallet that has updated to the latest version of the web wallet).

131
General Discussion / Re: DAO/OPEN.DAO gate operational for several hours now (no hiccups, went smoothly)!
« on: May 28, 2016, 03:49:39 pm »
Quote from: cgafeng on May 28, 2016, 03:45:16 pm
How to withdrawn?
It works the same as any OPEN. asset. Go to the Deposits/Withdrawal page in the webwallet, then select CCEDK tab, click on Withdrawal button in tab, set withdrawal dropdown to OPEN.DAO, then press the "Withdraw now" button.

132
Openledger / Re: [ANN] The DAO available for pre-launch trading on OpenLedger
« on: May 28, 2016, 02:55:29 pm »
Bitcointalk thread for this topic is linked below if anyone wants to share success (or failure) stories trading DAO on OpenLedger:

https://bitcointalk.org/index.php?topic=1488469.0

I made about 14 eth profit on my small trades here :-)

133
General Discussion / Re: DAO/OPEN.DAO gate operational for several hours now (no hiccups, went smoothly)!
« on: May 28, 2016, 12:25:27 pm »
The outgoing activity on the gateway (DAO withdrawals) can be seen here: https://etherscan.io/address/0x00995ae79d60365b2a0c52a5ad19140dfb8d45f2

134
General Discussion / DAO/OPEN.DAO gate operational for several hours now (no hiccups, went smoothly)!
« on: May 28, 2016, 12:23:49 pm »
A number of users have successfully withdrawn DAO they bought during the presale and we have had new deposits as well.

135
Openledger / Re: [ANN] The DAO available for pre-launch trading on OpenLedger
« on: May 28, 2016, 12:11:55 pm »
Everything seems to be working fine on deposit and withdrawal of dao/open.dao gateway. We've had a number of users successfully deposit and withdraw in the past few hours now that DAO is active.

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