@Yao Looks super nice! Would you translate what is written on red "buttons"? I'm just curious.

 
RED buttons:

• Deposits and withdrawals without any restrictions
• High efficiency, full transparency
• Strong stability

As you knows, almost all of China's trading platform is limited to BTC withdrawals now.


This picture tells Chinese BitCoin traders, they can buying and selling BTC with CNY without any restrictions in the BitShares DEX, the DEX is a P2P platform, there is no centralized entity, sell orders and buy orders are matched on blockchain.

@svk
I see you have just updated the wallet yesterday 

And we need this for Chinese BTC traders ASAP, thx:

Today there are more than 100 people to join the Tencent QQ Group (HelloBTS, 423951676 ), it never happened before, it should be the advertising effect.

These newcomers mostly asking how to buy BTC in DEX 
I realized that there should be more publicity materials and channels, so I made a trading flow chart (quoted below), posted it in bitsharestalk.org and pushed it to 3456 subscribers of HelloBTS WeChat subscription and WeChat Group.

20170215：
中国政府对比特币交易平台提出了履行反洗钱和 KYC 政策的要求，中国的大多数交易平台都暂停了提现 BTC 的业务，这是一个让 RMB 交易者进入 BitShares DEX 买卖 BTC 的难得机遇，我制作了一个简单的交易流程介绍图，希望能为 OPEN.BTC : bitCNY 市场带来新用户。

The Chinese government requires BTC trading platform to perform anti-money laundering and KYC policy, most of China's trading platform, suspended withdrawal BTC business, this is a rare opportunity for RMB traders get into BitShares DEX buying and selling BTC , I made a simple transaction process diagram, hopes to brings some new user for  OPEN.BTC: bitCNY market.

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Hi Yao,

Thank you for your efforts and work for BitShares. I will vote for your Witness.

Can you share a few more info about the YOYOW project?

cheers Chris

Thanks for your VOTE!

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YOYOW, You Own Your Own Words.


YOYOW is similar to Steemit ( not a fork of STEEM, it was develpoed based on the underlying Graphene protocol ), it is also a Blockchain based content incentive platform, focus on China.

Steemit like Reddit, YOYOW is more like Quora + Reddit and more.

The more important difference is that YOYOW uses economic strategies different from Steemit.
That is the separation of the rigth to vote ( management structure is similar to BitShares 2.0, shareholders grasp the direction of the YOYOW DAC ) and the right to judge content ( upvote or downvote).


There are two kinds of tokens in YOYOW Blockchain, yoyo and words:

• yoyo, the shares of YOYOW Blockchain, just like BTS in BitShares. The way to get yoyo include: participate in ICO, buy from market, system rewards ( create, filter and promote quality UGC content ) and so on.
• words, the right and the weight to judge content, words is like an honor value which is depend on the user's contribution. This is because YOYOW is a media platform used in China, operators and moderators ( selected by shareholders voting ) need to control the content, people with poor character, such as piracy and inappropriate speech (violence, murder, pornography) will be deducted from a certain number of words, and will reduce his reward coefficient.

More info：http://www.yoyow.org/

[Edit] 20170501：
鉴于所租用的 linode 服务器一个月内出现了两次硬件故障（分别发生在北京时间 20170404 和 20170428 的夜间），恢复后重新同步数据耗时长，导致大量丢块（两次事故丢块近 3000）。

witness.yao 已经更换了服务器运营商，并部署了双机热备（同时运行两台 16G 内存的见证人服务器，其中一台出现硬件故障后可以将出块权切换至另一台一直同步数据并待命的服务器），以应对因为类似的服务器故障导致的丢块事件。

自我们的见证人上线以来，目前总丢块数 3115，我们希望通过这种应对措施，不再继续丢块！

In consideration of our linode server appeared hardware malfunction twice a month(20170404 & 20170428 midnight of UTC+8), after server recovery we have to resynchronize the blockchain data, deploy witness and price script , which often takes several hours(if it happens at night, it's a nightmare) , causing us missed a lot of blocks (in the two accidents we missed about 3000 blocks   ).

Now, witness.yao has fired Linode, transfer to another server operators, and we deployed hot standby in response to similar emergencies. Yes, we run two sets of memory capacity up to 16G of the witness server, when one hardware malfunction occurs, we can switch to the standby server which has been kept in sync with the blockchain.

And up to now, we missed a total of 3115 blocks since we got voted in "Active" witness list, we hope that by this way, the number of missed blocks will no longer increase.

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[Edit]20170425：
为 BitShares 社区 2017 上海聚会设计了一张宣传海报
I designed a poster for BitShares Meetup of Shanghai in May 6th

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[Edit] 20170320：
这些天交易量很猛， witness.yao 的见证人服务器已暂时升级到 12G 内存，根据需要会继续升级。如果 DEX 持续这个高交易量，我们会考虑升级到 16G 甚至更高！
These days trading volume is amazing, our witness server updated to Linode 12288 (12G memory) for the time being, will be upgraded as needed. If DEX continues to be high volume, we will consider upgrading to 16G or larger!

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[Edit] 20170315：
业余时间为 BTSBots 的 APP 设计了一个 LOGO（非平面设计师，请多担待）：
Designed a logo for BTSBots APP( logo design is not what I'm good at, unprofessional, pardon me ):


APP 可在 Google Play 应用商店下载，也可直接从 BTSBots 官方网站下载：
You can download the app from Google Play or here:
https://pusher.btsbots.com/btsbots-wallet.apk

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[Edit] 20170219：
今天做了张 DEX 广告图。
I designed an advertising picture:

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[Edit] 20170215：
中国政府对比特币交易平台提出了履行反洗钱和 KYC 政策的要求，中国的大多数交易平台都暂停了提现 BTC 的业

Agreed. Price feeds are what makes settlements and margin calls work as intended.
I will take down my votes from lazy witnesses when i am back at the office next year.
I will alao work on a tool that makes it easier for witbesses to provide manual feeds ... but for now, i am on vacation

Witness.yao on standby!
I need your vote, thx.

https://bitsharestalk.org/index.php/topic,23628.0.html

A normal flow of bounty is:
Shareholders feedback the demand firstly, then the committee is responsible for summarizing these demands and organizing voting to create bounty, then waiting for people to submit their work, then shareholders decide whether the work is qualified for bounty or not.

刚想到一个 bounty 金额由投票决定的思路：

首先，根据 bounty 任务的难度和工作量进行分级，给定不同的赏金系数。


任务等级分类参考（从高到低）：

SS级：也是最高级，在不同地方用法不同，但通常在关乎生死存亡阶段使用。属于只许成功不许失败的任务。
S级：此类任务通常不被使用，这类任务一般是关乎上级或者公司的直接利益的任务。
A级：使用较为频繁，通常是于珍贵物品或上级人物直接或间接挂钩。
B级：使用最为频繁的一类任务。也是最常见的一类任务。
C级：较为简单的任务。也是除了SS级最少发的任务。
D级：作为最简单的任务，这类人物属于刚加入的新手。也被叫做休闲任务。

以当前的“预算项目（worker）”投票情况来说，#1 worker 获得 375,721,810 BTS支持。我们可以以此为基础来确定每一个任务的 bounty 赏金系数。例如：

SS 级任务：1%，意味着 bounty 金额为：375w BTS
S 级任务：0.5%，意味着 bounty 金额为：187.5w BTS
A 级任务：0.25%，意味着 bounty 金额为：93.75w BTS
B 级任务：0.1%，意味着 bounty 金额为：37.5w BTS
C 级任务：0.05%，意味着 bounty 金额为：18.75w BTS
D 级任务：0.025%，意味着 bounty 金额为：9.375w BTS


其次，有两种方案来投票确定每一个任务的 bounty 赏金额度：

方案一：股东投票决定奖金额度

创建一个预算项目（worker），根据任务等级描述 bounty 系数，系数乘以支持该任务的总票数等于完成任务后可领取的 BTS 数量。


方案二：基础悬赏金额 + 额外奖励

由理事会根据任务难度议定 bounty 基础金额（在比特股这家公司里面，理事会成员的责任感更强，要么是大股东，要么看好公司前景，理事会来商定 bounty 的基础金额是有说服力的）。

额外的奖赏额度则由全体股东投票，同样采用方案一的方式，但 bounty 系数要降低到大约 1/10，系数乘以支持该任务的票数等于额外奖赏。在任务进行中，领取任务者随时公布动态，股东根据情况予以投票支持（类似打赏），额外的奖赏代表股东对该任务完成度的认可度！


在上面的两个方案中，BTS 股东支持这个项目就投票，投票就代表愿意稀释（从储备资金池支取 BTS），每一票（每一股 BTS）都代表要花钱，每一票都代表股东的意愿。至于手里总共有 100w 票但只想出 30w 票权重的投票支持，那就自己单独把 300w 票现转到自己的小账号里去投票支持对应的 bounty 项目。

以上想法，仅供交流讨论！

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I've just had a great idea that could determine the amount of bounty for each task by the VOTE of  BTS holders:

First of all, according to the classification of bounty task difficulty and workload, given different reward coefficient.

Task level from high to low like this:

SS: Highest tasks, is of vital importance must not fail.
S: Super tasks, related to the vital interests of the company.
A: Major tasks.
B: Frequent tasks.
C: Relatively simple tasks.
D: The simplest tasks, leisure tasks.

In the current project proposal vote situation, #1 worker got 375,721,810 BTS support, we can use this result as a base to determine the bounty coefficient for each task.

For EXAMPLE:

SS Task: 1%, means bounty amount = 3,750,000 BTS
S Task: 0.5%, means bounty amount = 1,875,000 BTS
A Task: 0.25%, means bounty amount = 937,500 BTS
B Task: 0.1%, means bounty amount = 375,000 BTS
C Task: 0.05%, means bounty amount = 187,500 BTS
D Task: 0.025%, means bounty amount = 93,750 BTS


Then, voting to determine the amount of bounty for each task in two ways:

Plan A: only BTS holders vote to determine the amount

Creat a project proposal(worker), describe the task level and the bounty coefficient,
[total number of votes]*[bounty coefficient]=[the amount of BTS for bounty].


Plan B: Basic task reward + Extra bonus

Committee discuss to determine the basic reward according to the difficulty of the task
( in the Company, BitShares DAC, committee members are more responsible, because they are either major shareholders, or is extremely optimistic about the prospects of BitShares, they discuss the amount of the decision is convincing).

Extra bonus can refer to Plan A to creat a project proposal(worker), but need to reduce the coefficient to about 1/10,
[basic task reward]+[total number of votes]*[bounty coefficient]=[the amount of BTS for bounty].
In the task, at any time to publish the dynamic, BTS holders to vote according to the circumstances, extra bonus on behalf of shareholders to the task completion degree of recognition.

In Plan A and B, BTS holders who support the bounty task, vote it. Vote for it means they they are willing to accept dilution ( agree to withdraw BTS from reserve pool), 1 BTS 1 vote, each BTS vote represents the wishes of shareholders. If I have 1,000,000 BTS in my account A, but I only want to vote it 300,000 BTS, I can transfer 300,000 BTS to account B then vote it.

Above is my idea for exchange discussion.