Quote from: JonnyBitcoin on August 04, 2016, 06:43:19 am

Another solution would fit nicely would be that all worker proposals are paid in BitUSD but this would require a hard fork.

That's not true. I proposed on several occasions to create a new multisig account (owned by the committee) that actually creates the workers for people looking to work for BitShares, gets the BTS and borrows bitUSD at ratio 3x or more) to pay them to the "employee" ...
All we need to do is to agree on this process since the shareholder needs to pay 3x - MORE for the worker in BTS terms to fund the collateral.

There is the problem to it. .. Everyone freaks out when they see the amount of BTS being asked for.. regardless of the conversion.. its the number they see they are voting on.

Other than the human issue.. I think its a fantastic idea though.

Quote from: xeroc on August 02, 2016, 08:49:12 am

Quote from: pc on July 30, 2016, 03:08:45 pm

Quote from: bitcrab on July 30, 2016, 10:58:52 am

personally I do not like this idea, business should be done by businessmen.

I dislike this as well and have cast that vote multiple times already.
For me, this is not the time to use our reserves to improve the liquidity .. not yet..

Can you give reasons why?

I think it has something to do with the lack of utility that thus is not driving any real demand. By doing something like this 'today' we are creating an artificial market that is more likely to lead to something like nubits than towards growing.

That's just my guess anyways.. not a trader!

I support this. However, I think I would prefer to see this simply become the standard across the board for all community run bitassets instead of spinning up the same process on every single one.

It appears to be clear that the economics and incentives are better aligned and it doesn't make a different from one bitasset to another.

This should be considered across the board.

Quote from: xeroc on July 28, 2016, 01:15:53 pm

First and for most: A poll in the forum has no meaning at all.
Secondly, I personally disagree with using reserves to borrow bitassets (that what it is .. *borrowing*).
It leaves EVERY INVESTOR at a risk of being called even if he doesn't care about CNY, or GOLD ..
It also leads to the questions .. how big should the collateral ratio be? which assets to short? What' percentages to short which asset? Which prices to sell the bitassets at?

I want BTS to grow as much as you do, but I do not see the need to take these drastic and risky actions ..

With over 1B BTS collateral this could be done with little risk through a worker proposal to provide liquidity to bitAssets in demand. The problem is to find skilled market maker who could manage this process.

Thats the rub.. where do we start?

** Update **

Peerplays News Site: Sneak Preview: Peerplays Pre-Launch Referral Program

On Steemit (Vote): Sneak Preview: Peerplays Pre-Launch Referral Program

Quote from: karnal on July 17, 2016, 10:55:38 am

Here's my take on the hack, and possible solutions for the future:

https://steemit.com/steem/@karnal/hackmoar-hindering-attackers-coming-and-kidnapping-my-outrageously-armored-resources

So, is it possible that our bitshares private keys are shipped away by XSS program?

It's not likely because  OL hosted wallet is not designed for user input the same way Steemit is. Though I would imagine after seeing this @svk is checking to make sure the same thing can't happen.

Quote from: yvv on July 16, 2016, 03:50:05 pm

Their centralized wallet got hacked after all this advertisement of advantages of decentralized blockchain. LMAO!

I've used it because I like the concept but I've also wondered about this. why is that? because they're still not using IPFS?

IPFS wouldn't have prevented the attack as it was an XSS attack. IPFS is just a storage medium. It was a coding vulnerability in posting that allowed for this to happen.

This is unique to steem so OL is not exposed the same way.

Is the plan to have the site designed to just be HTML or have some kind of content management under it... like Wordpress for example?