it's really a bit absurd！ At least should release a clean client having all of us claim our digital assets. Until now, I still cann't claim the core units with my bitcoin wallet key!  Please give me a good explanation!

MUSE is a Membership Organisation where its members are comprised of anyone and everyone that chooses to hold MUSE Core Units. The Blockchain itself is made up of 2 Billion Core Units, 1.5 Billion of which are in the hands of a global community of users and the 500 million remaining are in the Blockchain’s reserve fund.



fuck cob

Any volume change on MUSE Core Units should have been informed before the note IPO. Otherwise，it's the rogue behavior!

关键增发的必须给新人！以后大家不要老是吹BM聪明了，拜托，我真不觉得他怎么样

In a similar vain to my BitAssets questions, I have a few about delegates I can't seem to find answers for, or don't understand the info I've found. Some of my confusion stems from the various contexts I've heard the term delegates used. And if my understanding presented below is incorrect please do let me know where I've missed the mark.

Since DPOS relies very heavily on delegates, it's a fundamental concept of the BitShares ecosystem, so everyone needs to understand them thoroughly.

1. Delegate Roles and Responsibilities

Delegates sign blocks of transactions and enter them into the blockchain ledger
The particular delegate that signs a block is chosen from the 101 in (random | round robin)? order.
This is analogous to bitcoin PoW mining, but instead of a computationally difficult task being performed by many nodes in a race, the winner of which is awarded 50/25/... BTC to sign a block, the signer of DPoS blocks are chosen from the pool of 101 delegates and rewarded with only transaction fees, which is far cheaper than the PoW process.

Q1: Does every delegate do this, or only some of the 101?
Q2: Is this signing process accomplished by just running special delegate client node software, and if so is the process fully automated? i.e. when that node is called on (out of the 101 delegate nodes) to sign a block the software does so as it runs without human intervention.   
Q3: Is it true that the only human intervention required to run a delegate node is to handle problems like hardware failures, network outages and software upgrades?

2. Delegates and Voting

Delegates are voted in / out by owners of BTS, and the strength of their vote is (proportional | directly related)? to (the number of BTS owned | size of BTS transaction the vote is submitted with)?

Is voting only accomplished when a transaction is performed? So the way to vote simply for the sake of voting would be to send BTS to yourself.

What is a "vote"?
Q1: Is it provided as information with each BTS transaction?
Q2: How is the analog / gray scale value for vote strength correlated to whether a delegate is in or out, a binary state?
Q3: If votes are provided by BTS owners with each BTS transaction, are delegates then subject to be voted in or out in real time with every transaction that takes place in the BTS ecosystem?
Q4: How is the voting calculated?
Q5: What about BTS that haven't been sold yet? i.e. if there are a total possible 10 billion BTS, but when an owner trades BTS for something 9.5 billion BTS have never been bought (marketcap of 500 million, right?), then the total voting power of all BTS in play is 500 million, right?
Q6: If 400 million BTS are (offline | in cold storage | owner destroyed his wallet / keys), then total voting power is actually only 100 million, correct?
Q7: How are the votes provided with an owner's transaction summarized over time with other owners votes they may have offered months ago, and in terms of whether a delegate "is in the top 101 delegates" and hence active in the pool, and how does an owner's voting "strength" factor into this (similar to Q4 above)?
Q8: If there were 100 million BTS in the wild, and each owner held only 1 BTS, then there are essentially 100 million votes, and everyone has the exact same voting power. In that case would the 101 delegates be chosen simply by the top 101 votes (i.e. top 101 in a histogram list)?
Q8a: histogram list of what: (transactions? Latest transactions )

I haven't even considered questions related to voting slates yet.

good thinking!   
Instead of silence， BM & Stan should actively participate in this discussion!

Quote from: Felix on November 03, 2014, 02:28:15 pm

Quote from: MeTHoDx on November 03, 2014, 01:42:18 pm

Quote from: Felix on November 03, 2014, 11:35:54 am

Btsx system is still far from robustness and now delegates like you begin to attempt to eat the fortune of btsx system step by step！ All the distribution of interests should have been in the original consensus. I don't understand why you didn't raise this point originally. But anyway, if you think you couldn't be qualified for the delegate role， you can give it up. I think many candidates are very willing to take over your position！

I think if we're using the company metaphor, it's probably a good idea to pay delegates who offer valuable services. Riverhead certainly qualifies for that. Free is only going to motivate the absolute die hards with too much time on their hands. Even Bitcoin has a hard time finding developers who can work on it full time. So far it only seems to be independently wealthy developers + Gavin who's being paid 200k / year by the foundation. Top companies attract top talent with high pay and a compelling company philosophy. That said, it might be best to operate at a loss in the early days but that shouldn't be where we end up a year from now.

I really enjoy your compelling company philosophy.  But again, is there all such distributions of interests in the original consensus?  No! He should have made that point one year ago！Do you think he is not capable of   predicting it？ If he is incapable, you think he is qualified for the delegate role?  I dont think so! So  I deeply doubt his dubious motivation!

Consensus can change at any time. The only real authority in the system are the stakeholders and their elected delegates. If you think you can mobilize more than half of actively voting stakeholders to prevent the BTS merger and the implementation of delegate dilution, then go ahead and do so - you will be able to prevent dilution from happening. Any arguments to authority or prior promises are meaningless because the only thing that matters (as you correctly put it) is consensus. But it's not the past consensus, it's the consensus of the present.

Joke!!!   who voted for the merging?  how many shakeholders did vote?  we dont know at all!  Maybe one among you registers a lot of accounts here!  Many Chinese shakeholders do not come here at all!  do you think it is the veritable consensus?   

Quote from: Felix on November 01, 2014, 12:47:39 pm

Quote from: btswildpig on November 01, 2014, 11:56:55 am

Quote from: Felix on November 01, 2014, 11:52:14 am

Quote from: Riverhead on November 01, 2014, 11:34:24 am

Have you done the math? My current remuneration for the hours I've spent maintaining a delegate: frequent releases, vps costs and setup, helping other delegates get up and running, maintaining price feeds, etc. Has so far been around $2 a month. At one point during the high price days I almost cleared $4 a month.

If that is greedy than I'm not sure what to say.

Keep in mind this is all open source. If you feel this strongly you can clone the project and make your own DAC with no dilution. The hard part will be finding the staff that'll work for transaction fees.

Sent from my SM-G900T using Tapatalk

If you think you have a big loss as delegate, please give up the delegate position！Ok？I will serve btsx holders for free！
In nature， you donot take the delegate as the honorary role！

Nothing is more dangerous than someone in a financial system who has great power claiming that "he does not need money , just serve the people ".

Because a pure good person like that would have go to the third world country and help the poor people already instead of playing a major role in a financial system .

What you said is nonsense!一派胡言

Well, you can't be everything to everyone. In your world people work for free for the benefit of everyone. In my world I either pay my mortgage or the bank takes my house.

Gotta play the hand I'm dealt.

Btsx system is still far from robustness and now delegates like you begin to attempt to eat the fortune of btsx system step by step！ All the distribution of interests should have been in the original consensus. I don't understand why you didn't raise this point originally. But anyway, if you think you couldn't be qualified for the delegate role， you can give it up. I think many candidates are very willing to take over your position！

It is necessary to vote officially for merging! Wish Cob will not be bribed by BM！