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Messages - abit

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301
中文 (Chinese) / Re: 强清开始收费
« on: August 29, 2020, 11:21:47 am »
也发一篇英文的?

303
I think this is the biggest problem DPOS has to deal with in the real world and we can observe all of this, so it deserves the most attention. Neither the BSIP83 nor what we have at the moment solves this problem.

Even when using a stake, a fractional reserve can be used. You surely remember when poloniex had 300 million in a cold wallet and 300 million in a hot wallet. You also remember that their BitShares wallet was kept in maintenance for many months, and it was the same with Steemit. Each of these exchanges is able to put in the "Stake" such amount of tokens, which is able to significantly disturb the functioning of the management structure, especially if we introduce a multiplier.

That's where the lock-forever multiplier comes into play. CEX's may lock up stake, but likely won't lock up a lot of stake forever. In the meanwhile it relies on the good people to act and fight against the bad behaviors -- at their own costs, lock up their own stake. It means we need many people (or stake) who are willing to sacrifice their own benefit for the good of the whole, who try to fix issues, but not people who will simply turn around when issues appear.

Ideally good people do good things and should get rewarded, and as you said,
Quote
CEX and large external capital, as well as inactive people, do not have the right to vote. why should they? Why should we allow them to meddle in our affairs?
The question is who gets to decide who are good and who are bad, if it's code to decide, how to define the rules so that good behaviors and bad behaviors can be identified, and bugs are avoided. It's not only what to do, but how to do.

Thank you for the discussion anyway. I wish we can find the solutions.

304
My thoughts were written here: https://github.com/bitshares/bsips/issues/83.

305

  • we need to attract users to trade
  • we want gateways to introduce tokens attractive to users and help ensure liquidity on them
  • we want development proposals that are interesting for everyone and we want to reward the people who implement them. asap.

I am well aware of the needs, and working towards them. However, the progress is slow, since my individual strength is small. We need to gather people with the same visions together, concentrate the resources we have, work towards the goals.

On the other hand, those are still open questions but not solutions. To find the answers and solutions, we still have a long way to go.

I was hoping that we could afford some innovations that would attract the attention of the entire DPOS community.
Innovations are hard. Many failed silently.

306
For example, EUR's precision is 4, to specify one Euro, set the amount as 1 * 10^4 aka 10,000.
BTC's precision is 8, so "amount = 100,000,000" means one Bitcoin.

Precision is only used in UI.
The core itself doesn't really care about precision, all computations in core are based on the smallest unit aka Satoshi.

307
Here is a good article about hostile takeover: https://www.investopedia.com/terms/h/hostiletakeover.asp

And about voting rights: https://www.investopedia.com/terms/v/votingright.asp

BitShares is just like a company.

308
Stakeholder Proposals / Re: [Witness Proposal] blckchnd
« on: August 25, 2020, 04:50:09 pm »

309
General Discussion / Re: @Abit
« on: August 25, 2020, 04:43:33 pm »
Thanks to your friend Thule.





By the way,


You just removed all messages from only 12 people. You can do better.














310
Stakeholder Proposals / Re: [Witness Proposal] blckchnd
« on: August 25, 2020, 04:25:30 pm »
Thanks to your friend Thule.





cool, finally someone forced you to eat the same dish,
you are abuser abit, you lost your ethic, you silently banned admins long before thulee decide to react,  I can witness that

So you first started this dictatorship in the chat with silent bans by your bot for opinion against your agenda


Is this some kind of Chinese tradition to punish everyone around without any proof or excuse?


Poor abit you really look miserable in your fall

you just a criminal and deserve what will come to you
Marked.

311
Stakeholder Proposals / Re: [Witness Proposal] blckchnd
« on: August 25, 2020, 04:23:40 pm »
By the way,

312
Stakeholder Proposals / Re: [Witness Proposal] blckchnd
« on: August 25, 2020, 04:20:25 pm »
You just removed all messages from only 12 people. You can do better.














313
Stakeholder Proposals / Re: [Witness Proposal] blckchnd
« on: August 25, 2020, 03:27:53 pm »
Thanks to your friend Thule.




314
Simply vote up the committee members who support the changes. That's how voting works.

315
Stakeholder Proposals / Re: [Witness Proposal] xiuxiu-witness
« on: August 20, 2020, 02:07:48 pm »
It seems you're producing blocks on testnet.

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