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Messages - bitcrab

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1321
General Discussion / AEX.COM plan to open smartcoin markets
« on: November 04, 2017, 03:36:42 am »
aex is the updated version of btc38, they now plan to open markets of bitCNY, bitUSD, bitJPY, bitKRW...


1322
Stakeholder Proposals / Re: Compliance Work
« on: October 31, 2017, 11:32:39 am »
generally speaking I agree with the principles addressed by @xeroc

firstly, we need discuss this issue based on realism, not idealism.

BTS need to be listed on more primary exchanges,  then BTS can have more solid price support, and the shorters will have more safe space to avoid big risks and provide enough smartcoins.   we need this happen ASAP.

for smartcoins like bitCNY, bitUSD there is another thing, frankly speaking, just listing bitUSD/bitCNY in one exchange make no sense, we have proved this in poloniex, bittrex and yunbi long time ago. what we need is to convince some exchange to open the bitUSD/bitCNY market, just as what poloniex and Bitfinex  do with USDT.

this is not easy, but I saw some possibilities, in China now many exchanges are going abroad and using BTC/USDT as the trading currency, AFAIK, in the coming month, 3-5 exchanges of this type will (re)list BTS. some of them are investing the possibility of using bitCNY as trading currency, what they worry most is that the supply of bitCNY cannot satisfy their demand.

if we believe that listing on more exchanges is one of the most important factor in BTS' growth, then we need to handle the compliance thing carefully.

Getting listed on centralized exchanges is *ALL ABOUT COMPLIANCE*. They
need to make sure they act according to law and regulations, otherwise
they may see trouble from officials.

now in China many blockchain team make their project go through Howey test to ensure that the token is not identified as security.

but regarding bittrex which has hurt BTS community a lot, I don't think we should pay to relist BTS. we need public explanation and apology from them! if they do not want to relist BTS, up to them.

for other exchanges, I think "list BTS and keep BTS daily volume > $200k in the next 30 days" is a good term for $50k offer. 







1323
voted and hope this worker can be approved.

up to now China is one of the most important market and community of Bitshares, at this moment I prefer to encourge people to do more marketing/PR job in Chinese area.

I agree that the team and Bitshares Foundation can work together in some form.

and I feel the team need to introduce the members in more detail to global community for better understanding.

1324
General Discussion / Re: OpenLedger propose Bitshares 3.0 enhancements
« on: October 24, 2017, 09:19:33 am »
I feel what we are talking about are:

1. to which direction should Bitshares evolve while the other blockchains evolve rapidly?

2. how to implement the new change and fund the development?

after go through this thread and some relevant posts, I tend to agree the ideas come from https://steemit.com/bitshares/@slavix/beos-bitshares-on-eos-alternative-proposal-for-bitshares-3-0 :  make an EOS clone with BTS as a base token.

maybe smart contracts and VM are the most important factors for the next step evolution of Bitshares, however, EVM is designed specially on Ethereum blockchain, I don't think it can be smoothly integrated into Bitshares blockchain, the obvious difference between the 2 blockchains base will make this process tough, so why not adopt EOS VM, which is also built on Graphene base, instead in this scenario?

thinking continully, if we need to adopt most of the good features introduced by EOS, why not just clone EOS and make BTS the base token? and realize the current Bitshares features as native smart contracts on BEOS (Bitshares on EOS)

to avoid the potential risks and fit the possibility that there is no consensus from community, one selection is to hard fork BTS to 2 parts, one classical BTS and one BEOS, like BTC and BCC, then each one can still prefer what he likes most and the better one will emerge with time elapse.

A worker proposal can be created to fund the development and implementation of this, after a skilled team is organized.



 

1325
打蛇要打七寸,钢要用在刀刃上。

BTS本身现在当然有很多需要改进的地方,比如投票机制,比如见证人激励机制,但在我看来,这些都不是当前最紧要的,当前最紧要的是两点:

1.上更多的交易所。
2.让内盘的交易对更有吸引力。

只有上更多的交易所,才能吸引更多的资金和用户,才能充分避免价格方面的风险,BTS的价格才能获得更多上升的基础,bitCNY的供应量才能更有保障。

只有内盘的交易对有了足够的深度,才能充分吸引交易者前来交易,bitCNY才会有更多的需求。

**稍后会上BTS,下一个目标是Bitfinex。

不做市是我对OpenLedger最不满意的地方,这让我决心做一个自己的网关,项目已经启动。


1326
bitBTC is not a successful example.

BTC is not as stable as CNY/USD, so borrowing or holding bitBTC means much more risk  than doing the same to bitCNY/bitUSD, and BTC itself is a blockchain token, no enough necessity to create other token to peg it.

OpenLedger is good, but what they do is far from enough, as a gateway, they should do much more market making work to their UIA but they do not, that's why I am preparing another gateway, the name is GDEX.

one key point for BTS to grow is the demand for smart coins grow, which means there should be many assets in DEX for traders to trade. in other words, we need to make DEX an exchange with liquidity and depth similar to central exchange.

surely if we can realize side chain or some other cross-chain way to move tokens from otherchains to BTS, we may not need most of the UIA, but now in my view we still need to rely on UIA to make DEX to grow.

the other key point for BTS is to be listed in more central exchanges, we need more volume for BTS, we need BTS price to grow, only then it's possible for smartcoin supply to grow and attract more people to accept it.

for example, as China banned cryptocurrency exchange, now it's not  easy for people to buy tokens with CNY, some exchanges outside China are considering to open bitCNY markets, their main concern is that bitCNY supply is too low.

that's also what I am trying to do: make BTS be listed in more exchanges and create a gateway to make DEX have much more trading volume.
 

1327
seem I need to go through my witness votes and kick out some of those that aren't as active as they are supposed to be for the amount of money they get.
By reducing the number of active witnesses we also reduce the operational costs of the blockchain ... let's see when people start complaining real hard ..

reducing the number of active witnesses is not a good idea, and this do not reduce the costs of the blockchain as block generating speed is not reduced.

one question, if testing is part of the BSIP18 work, should the testers be paid from the fund of the worker proposal?

1328
I am not sure how my assets were stolen, but I believe it was not done by the ones beside me through my laptop, but by some hacker that got the private key from Internet.

firstly security base on good habits, I should not put so much assets in a bot account which is daily used in a laptop where everything is done.

I don't think the 2FA solution is helpful in this scenario, if hacker get your private key, you lose everything, nothing can help you.

maybe only multisig and even hard/cold wallet can really help to protect the accounts with huge amount of assets?


1329
General Discussion / account trans.bot hacked today
« on: September 27, 2017, 03:17:02 pm »



today my daily trading account trans.bot was hacked and I lost about:

22.4 BTC
119.5 ETH
4.19M BTS
264k bitCNY




I paid heavily to my carelessness, I should not put so much assets on a daily trading account, but recently I was busy and forgot the necessity to use multi-sig account to keep big amount of assets, then the assets in trans.bot accumulated more and more before I was aware of that.

there was a debt position of more than 20M BTS there, fortunately the hacker haven't lower the collateral ration and stole other several millions BTS.

I use this account in my laptop, win10, and I also receive mails, chat in QQ, browse webs, watch videos in the same laptop.

I use this account both in light wallet and the web wallet https://bitshares.org/wallet/#/.

sometimes I connect Internet via public wifi.

yes I do not have a good habits, hope my loss can warm more users.

however I still think that we need to do some update to the wallet for higher fund security, for example, YOYOW have done some change to key management, the owner key is not saved locally but other medias, and with owner key one can update the active key to a new one by one click,  hope this can help to make the wallet more safe.


今天我的日常交易用账户trans.bot被黑了,损失大约如下:

22.4 BTC
119.5 ETH
4.19M BTS
264k bitCNY

我为自己的不谨慎付出了惨重代价,trans.bot是我日常交易用账户,本不该存放如此之多的资产,可因为最近比较忙,偷懒不用多签账户,不知不觉使得日常交易用账户里的资产越积越多。

账户里还有2000多万BTS的抵押债仓,也许我应该庆幸黑客还没有去调整抵押率再搞走几百万BTS...

使用windows系统,而且是在同时接受邮件,QQ聊天,浏览各种网站,看视频的笔记本上使用,还轻钱包和网页钱包https://bitshares.org/wallet/#/ 都有使用,还没少使用公共wifi。。。总之,首先应该责备的的确是我自己。

然而,我们的确还应该从软件上提高钱包的抗风险能力,比如, YOYOW钱包就做了很有意义的改动,主控私钥不存在本地电脑中,而是另外存储,可随时一键更新交易私钥。这些创新也很值得更新到BTS 钱包中去。


 




1330
@boombastic @svk  kindly help to remove the transwiser page from the GUI, thanks a lot.

1331
is this an english version of magicwallet?

you can select English as language at the setting page

1332
Because magicwallet now already provide an easy and flexible way for users and currency dealers to handle the bitCNY deposit/withdrawl business, transwiser will stop the deposit/withdrawl service of bitCNY.

Transwiser page will be removed from BTS wallet.

From today the goods "100bitCNY" will be unlisted from the transwiser taobao shop.

bitCNY withdrawl service will last until 2017/10/1 0:00 UTC+8, after that all the bitCNY that send to account transwiser-wallet will be sent back to the from account.

I greatly recommend all the users to use magic wallet to handle bitCNY deposit/withdrawl business and enjoy the flexibility and efficiency brought by the mobile client.

Android users can download the App from:
https://www.magicw.net/releases/magicwallet.apk

iOS version will launch soon, now iOS users can use the web version instead:
https://m.magicw.net/

magicwallet team are developing the general APIs for currency dealer service that can be integrated in all kinds of BTS wallets, kindly wait.



由于鼓鼓钱包的出现为用户和承兑商提供了一种更便捷和灵活的处理承兑业务的方式,transwiser将停止提供bitCNY的充值和提现服务。

transwiser页面将从BTS钱包中删去。

即日起相应淘宝店中的bitCNY商品下架。在淘宝店已经下了订单未收到发货的请联系客服退款。

提现业务将延续至北京时间2017年10月1日0:00,之后账户transwiser-wallet收到的bitCNY将全部返还原发出账户。

建议大家之后使用鼓鼓钱包来处理充值和提现,享受移动端钱包带来的快速,灵活和便捷。

Android用户可戳下面链接下载:
https://www.magicw.net/releases/magicwallet.apk

iOS版将尽快发布,iOS用户目前请使用网页版:
https://m.magicw.net/

鼓鼓钱包团队正在开发承兑商服务的通用API, 将来所有BTS钱包都可以方便地集成承兑商服务。



1333
Stakeholder Proposals / Re: Hardfork schedule proposal
« on: August 16, 2017, 05:15:05 pm »
@bitcrab Are you still interested in issue 203 (Hard fork request: re-enable some permission settings of TCNY) ?

I have tried to ping hipster wrt issue 269 on steem and steemit.chat, but no reply so far.

I have given up TCNY and also TUSD, no need to spend resource on them.

1334
surely we cannot expect volunteers to do the needed development just for free, we need to pay for valuable work, especially when capitals are looking for blockchain relevant developers with high salary all around the world.

I think alt's project and ICOWALLET's plan do worth worker proposals, so if necessary, do not hesitate to apply one, it will help the community to be aware and trace what you do.

I finally decided to vote up this worker. I know it is not perfect, but we need it.

1335
today I have discussed with ICOWALLET team, they plan to

1.adpot alt's infrastructure
2.update bitsharesjs

to improve the performance, as they said, updating bitsharesjs can also imporve the performance greatly.

seems these 2 ways are currently what we can do to get the needed wallet performance, surely more highly configured API servers are also needed, good news is that there are also new contributors for this, wss://bitshares.wancloud.io/ws is provided by wancloud, a branch of WANXIANG Group. this is a good beginning.

maybe because of culture difference, developers from China seldom like to create worker proposal. but many times it is good to create a worker proposal for your work, not only for getting paid, but also to expose your work to public, to let all know what are you doing, this is helpful to keep the development community healthy.

I'll ask the ICOwallet team to explain their plan for updatting bitsharesjs, the goal, and also the estimatted workload.

maybe a worker will be created for this.

I feel it's also well for alt to create a worker for the new infrastructure development, however if he does not hate to do so.

I feel @wmbutler 's idea for linking issue with bounty is ok, if it can be managed well, let's try it?
 


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