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Messages - abit

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2896
General Discussion / Re: Whatarebitshares.com
« on: February 15, 2016, 12:38:11 pm »
Thanks, I do think we need a proper video though with gfx and a pro narrator.

We could use proofofwork.media or hypercube studios and get amanda from TDD or Dominic Frisby to do the voiceover.

Would people support a worker proposal for 10k usd to make a really slick video?
I'm not a marketing guy, so I don't know whether it worth 10k.

And can we add links into the video so the video maker or who funded it can earn referral income?

2897
General Discussion / Re: can't hold plain BTS in wallet? (I f*cked up)
« on: February 15, 2016, 12:32:30 pm »
Is this bot running amok?
User not found. So re-post every 1.5 hours. Seems so. @fuzzy @kuro112

2898
Mods please move this post to MUSE board.

2899
General Discussion / Re: bitSHARES - As True Shares and Not a Currency!
« on: February 14, 2016, 11:20:33 pm »
@tonyk what do you think if I develop this and launch a testing network? Will you lead the testing work? And what do you think is the best approach?

2900
i just listend to the last mumble session

i have a question

1. to which share account is the capacatiy calclulated? to the claimed or to all bitshares?

I am not sure I understand your question.
I think: Assuming i have 1% stake, is 1% relative to max supply or to from-genesis-claimed stake?

Here are some comments in my code:
Quote
             // Theoretically, 100 tps means 8.64M transactions a day.
             // Total quantity of core asset is 3.7BB, so 1 transaction = 3.7BB/8.64M ~= 428 core assets,
             // which means with 428 core assets you can do 1 transaction a day.
             // If we set conversion rate to 5000, and set transaction fee to 1, then about 1/10 of network
             // capacity can be used freely. A whale with 10M core assets can accumulate same value as
             // 1 core asset of coin seconds in 43.2 seconds. An average user with 10K core assets can
             // accumulate same value as 1 core asset of coin seconds in 43200 seconds = half a day.
Makes sense?

2901
Technical Support / Re: 29,000SolCERT tx fee?
« on: February 14, 2016, 09:08:41 pm »
@SolomonSollarsNSense has given me 10,000 SolCERTS to distribute to hangout attendees and those who complete quests. 

However, when I get to the point when im going to send them to my Sharebits.IO account...it tries to charge me approx 29,000 SolCERTs.  There has been no market fee set...
That's transfer fee.
According to https://cryptofresh.com/a/SOLCERT, the exchange rate is: 0.00001 BTS/SOLCERT.
So a standard transfer fee of 30BTS = 3,000,000 SOLCERT. I'm curious why the GUI wanted to charge you 29,000.

Thanks Abit for the reply. Is there a way to change this? So that there is no fee?

that is odd...the ratio defaults to 1:1 and I didn't change it...
Maybe there is a bug in GUI.
Since your asset's precision = 0, which means a satoshi of your asset is 1 asset; and BTS's precision = 5 which means a satoshi of BTS is 0.00001 BTS. You set the ratio to 1:1, results in 1 satoshi_your_asset = 1 satoshi_bts, so 0.00001BTS = 1 your asset.
It's changable via GUI.

2902
Technical Support / Re: Additional feature(s)
« on: February 14, 2016, 08:58:32 pm »
If there is a good demand for it, I think this could be a potential FBA.

IMO a worker proposal would be much better suited for this, because
1) the implementation is probably quite simple, because it uses mostly existing objects + operations, and
2) the additional data causes significant additional costs for witnesses and seed nodes - so the fees should go to the network, not to the developer.

But that part of the discussion is really a bit premature. Let's define the WHAT first, then discuss the HOW.
Use account_object to store extended user info is good.

The physical object for me is like an asset, the owner issue one asset to himself, then others bid on it. This way we can use the market engine. But thousands of assets are hard to organize.
Another option is to use the custom_operation which is the golden grail, but it's even harder to index.

I don't think it's easier to do this on current system. It's not very related to our product imo. Maybe it's better to implement it on top of a VM?

2903
Show me at least one worker who take responsibility for the shareholder,please.
proposal like:"I will develop a function,one year after this function launch,the market cap will be twice to now,or I won't get any bts as payment.

no one now  are willing to  take this responsibility, right.They just happy to to see shareholder surffer and grad USD for themselves.

"I have written so many many document! BTS will go to die without our work!just give me 100K bts a day! "(So what?We have only 10% left  of our investment thanks to your "hard work" since 2014 )

I could have a high pay job outside! (So again,why are you still here?Strongly doubt that you can get a serious job outside.)

Somebody still think these amazing inflation work can raise the market cap  base on 2013-2016,huh,wow.

Where are the Chinese developers?  What makes it ok to constantly scream that people are not doing something for you free, but then do little development from what I have heard? 

US job market is going great right now, real developers are rare. There are tons of shitty developers who decided to get into it because it pays well.  The type of developer needed for blockchain type work is one of these "rare" developers.  They would have to be screwed up socially in a very very strange way, have a criminal records, or unwilling to relocate etc to not be able to get a job. You are so clueless to think guys who can fix BItShares couldn't find a good job.  You are on a different planet.

If you are going to insult someone, insult Dan Larimer who made all the decisions unilaterally but with input.  I don't know why you think developers owe you more. It makes more sense for them to get a job, then wait and invest their money in BTS or not.

If someone was to "take accountability" and only be paid if the marketcap doubled, how do they know what thousands of quasi-irrational people are going to do ? It would be foolish to take such a deal without asking to be paid far FAAARRRR above market rates when the market cap doubles. No one would like that either.

I am not commenting on the past, but startups can blow through cash like crazy.  That is not going on currently.  If you want to win, you need to advance. Not sit around fingers cross hoping and praying for some magic to occur.

I'd like to see more Chinese developers too.

Maybe there are just clearing the playing field to introduce their own Chinese developers?

Lot easier to do that when everyone else has given up.

No need to cross fingers or hope and pray when you know how the 'magic' trick works right?

I certainly hope that is not the case here, and that this is just a matter of a huge amount of misrepresented propaganda making it's way through eastern channels.
It's said that ETH attracted a lot of developers and capitals, but BitShares drove away a lot.

2904
I did a quick review of the implementation and believe it accomplishes 90% of what I wanted to accomplish. The only thing this doesn't do is dynamically adjust the fee in response to load.

Assuming this gets properly tested I would support integrating it.
Thanks.
It's a bit hard to make it dynamic, so I made a simpler implementation first.
Still testing..

2905

I haven't looked at the code but I'm glad to see this sort of input. Great way to set an example for others to follow, Abit.
Example of developing back-end, or GUI, or example of using it? I will post my CLI commands here while testing through it.

By the way, my worker hasn't started yet, perhaps svk hasn't have time to work on related GUI.

2906
+5% Wow that was way faster then I expected.

I don't get how you're describing it though.  why it should work this way?  It sounds like fees are still being charged / still being paid, but accounts earn BTS to pay fees at a defined rate with a cap?

Is it just how its being described? or is that really how it works?  Was it just the easiest, quickest way to get it done with existing code?

It sounds like saying fee = 10(old) - 5(new) - 3(limit) - 2 = 0 , instead of just saying fee = 0 with rate limit

If that's really how it works, it seems like a band-aid, but I really wouldn't know, and certainly mean no offense. 
It shouldn't be described this way for a new user at least. :)  Just say fee is zero with rate limit.

anyway,   
Awesome effort abit!

So an average user just need to know:
So if you're an LTM, and you have 1M BTS in your account, ... you can transfer once for free every 10 minutes.

The "accumulated fees" can only be used to pay fees. Or say it's budgets. When you're running out of budgets, you can pay fee in the original way. Make sense?

And fees paid with coin-days wont go to referral program (or cash back for LTM), they are eliminated.

2907
@abit: maybe this is too much, but could you prepare a brief video in which you could present new functionality? All of us will have a better understanding of this feature.

Pleasee....  :D :)
Still testing.. I'm playing with CLI and transaction builder.
No GUI available right now, wish someone else have time to work on it.
How will that video look like? I have no idea at all.

//Update: replay testing passed.

2908
General Discussion / Rate Limited Free Transactions Feature Implemented
« on: February 14, 2016, 04:00:28 pm »
Rate Limited Free Transactions Feature Implemented.

Features:
* Committee can define the rate of coin-days to be converted to fees,
   for example, normal users can have: 1K BTS * 1day -> 1BTS of fee,  AM 1KBTS * 1day = 2 BTS of fee, LTM 1KBTS*1day=5BTS of fee

* Committee can define a cap of coin-days used for fees for each operation.
   for example, users can use coin-days to pay 10BTS of transfer fee, or 1 BTS of market order creating fee, or etc

* Committee can define a cap for every account type(LTM/AM/normal user), so a user would be unable to spam 100 or more free transactions at same time.
   for example, LTMs will have a cap of 100BTS, AM 50BTS, normal user 30BTS.

So if you're an LTM, and you have 1M BTS in your account, you can accumulate 5000 BTS of fees per day, or about 3.5BTS per minute. In case when transfer fee is 30BTS and the committee set the free-fee cap of transfer to 30BTS , you can transfer once for free every 10 minutes.

Code is here:
https://github.com/abitmore/bitshares-2/tree/bts2-bts-limited-free-trx

Reference: [BLOG POST] How to build a Decentralized Application without Fees http://bytemaster.github.io/article/2016/02/10/How-to-build-a-decentralized-application-without-fees/

Have fun!!

By the way, @JonnyBitcoin @fav would you like to vote for my worker proposal "1.14.29   [BSIP10] Percentage-based transfer fee solution based on CER"?

2909
Show me at least one worker who take responsibility for the shareholder,please.
proposal like:"I will develop a function,one year after this function launch,the market cap will be twice to now,or I won't get any bts as payment.

no one now  are willing to  take this responsibility, right.They just happy to to see shareholder surffer and grad USD for themselves.

"I have written so many many document! BTS will go to die without our work!just give me 100K bts a day! "(So what?We have only 10% left  of our investment thanks to your "hard work" since 2014 )

I could have a high pay job outside! (So again,why are you still here?Strongly doubt that you can get a serious job outside.)

Somebody still think these amazing inflation work can raise the market cap  base on 2013-2016,huh,wow.
Basically you're asking a programmer to do a CEO's work. Why not look for a better CEO? Maybe you can do the job? For free?

2910
By the way, it looks like you modified your post before I got a chance to respond.  But since you were wondering why I wasn't taking your explanation at face value, it's because you're not the expert.  So I continue to address @bytemaster with my questions since he IS the expert.  And I asked for @abit's opinion since he is a developer and, for all we know, he could be the one to code this up ultimately.  Surely you can understand where I'm coming from.

Thanks for trusting me, but sorry, I'm not a bitcoin expert, I don't know how to deal with the bitcoin multi-sig thing at all.

@abit:  This is a Bitshares question, not a bitcoin question.  It's also not a multi-sig question.  Let me ask in a different way.  Could you write code in Bitshares that calls an external API which returns a value that could then be stored securely (i.e. not accessible to any human) on the Bitshares blockchain to be used by the code at a later time?  I would imagine this is possible, but could you confirm?
Honestly right now I don't know how to call external APIs. All the jobs I've done is inside BitShares.

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