I will vote for you if you promise to convert all of your delegate income to bitusd/bitcny/bitbtc/etc.. rather than dumping on the market, since the exchange you are running is supposed to be profitable.

We never made the claim that the exchange is currently profitable, we launched two months ago and are still in a very early phase of the lifecycle. Our userbase and volume is still growing but it does not compare with the established alt-currency exchanges. Infrastructure, advertising and continued development costs over shadow our profit still. We can afford to operate at a loss while the momentum builds but it has an affect our ability to confidently bring on additional full-time employees.

We don't see the delegation as supporting the exchange, we have a separate BTS account for that. We are asking you to support Blackwave Labs. We have very ambitious plans and we built Exco.in so it will one day contribute funding to more important projects that are less profitable such as decentralized exchanges.

I apologize but since we may need the funds liquid to pay part-time developers for their time we could not guarantee to hold the resulting funds in a BTS asset. We would try to leave it as BTS as long that it is practical but we don't want to make promises we cannot realistically keep. It is very unlikely we will liquidate the BTS but I don't want to lock myself into that agreement.

Hi Samantha,

welcome on board! Guess you propose a 100% payrate delegate, right!?
Pls add this to your proposal.

Yes, thank you for the suggestion.

About Blackwave Labs

My name is Samantha Chen and I'm lead developer of Excoin (https://exco.in). Excoin is one of services provided by Blackwave Labs (https://blackwavelabs.com).

Our mission is to provide high quality, transparent and secure services that spotlight innovative cryptocurrencies. We would like to add BitShares and associated projects to the list of cryptocurrencies we provide services for.

Blackwave Labs was founded in August 2014 and is currently employing two full time programmers, along with several part-time support staff members, translators, designers and developers.

Excoin - Innovative Cryptocurrency Exchange

Excoin is an innovative cryptocurrency exchange, we only select coins that we feel have made a large impact in the overall cryptocurrency community.

For more information on our process please read: https://blackwavelabs.com

Excoin features

• Continuous proof of reserves with signed message and address showing Exco.in's own cryptocurrency holdings on top of existing user balances.
• Full Featured API, ability to generate multiple API keys with different permissions.
• Asynchronous trading engine, capable of matching hundreds of a trades at the same time.
• Real-time UI on our web client.
• Instant deposits and withdrawals, users get notification regarding deposits at 0 confirmations.
• Full Chinese localization and Mandarin speaking support staff.
• Response to all support requests within 24 hours.
• On-site chat with support
• Multi-factor Authentication
• We build and maintain open source API wrappers and real-time trading bots: https://github.com/excoinexchange

Support
On-site: https://exco.in/account/support
Email: support@exco.in
Twitter: https://twitter.com/ExcoinExchange
IRC: #excoin @ freenode
BitMessage: BM-NBrBDUeKW5ZCFbs8G78e6pGvVfFA8HxR

Our proposal

We would like to immediately open a BitShares exchange, test out a bitCNY centric market and possibly expand to offer more services. However we currently we do not have the adapters necessary to integrate our accounting and proof of reserves system with the BitShares API. We request a that we are made a delegate at a pay rate of 100%.

What open source projects we aim to build

1) API Wrapper - We would require a API wrapper for the BitShares client. We are still in the process of researching the best way to accomplish this task.

We will either:
a) Create a bridge adaptor so that we can interact with the BitShares client using the original Satoshi client RPC calls.The benefit to this method would be that other developers who have already have the appropriate infrastructure for the existing Bitcoin client could easily implement rudimentary BitShares support.
-or-
b) Create a complete API wrapper to take advantage of all the functionality that BitShares offers.

These two options are not mutually exclusive, we could start with the bridge and eventually add in more functionality later.

The API wrapper project released on github upon completion.

2) Vault - A robust multi-cryptocurrency accounting system that features abstracted double-entry bookkeeping accounting above the clients, support proof-of-reserves, staking, cold-storage and other essential tools to operate secure and transparent cryptocurrency services. We plan to release the source code for Vault after we finish our enterprise payment gateway Onyx, so it can peer reviewed and others in the cryptocurrency community can more easily build secure applications.

3) Bits - Geolocal wallet that will work with any existing Satoshi based coin (See https://blackwavelabs.com for more details)

Examples of previous work
https://exco.in - Innovative cryptocurrency exchange
https://github.com/ruby-wallet/ruby-wallet - An early iteration of Vault
https://github.com/excoinexchange - Examples of API wrappers we built for Excoin and real-time trading bots built using those wrappers
https://github.com/BlackWaveLabs - General project repository for Blackwave Labs
https://github.com/drunkonsound - Xian's github for cryptocurrency related projects
https://github.com/ogminor - Samantha's github for cryptocurrency related projects

Why vote for Blackwave Labs

Supporting Blackwave Labs is not just about building projects for BitShares. Supporting us opens up a relationship with an organization that is dedicated to improving the quality standards, infrastructure, building open source tools and providng decentralized solutions for the overall cryptocurrency community.

We openly speak out against bad actors in the community, write informative articles on cryptocurrency in both English and Mandarin, promote innovation, and we choose to partner ourselves with innovative communities.

We hope that you will consider sponsoring our organization and associated projects.

Delegate Name:
blackwavelabs

Pay rate:
100%

---

关于黑潮实验室

我是Samantha Chen，是币交中心(https://exco.in)的主要开发人员。币交中心是黑潮实验室(https://blackwavelabs.com)提供的服务之一。

 我们的使命是提供高质，透明，安全的服务。我们想要把比特股和相关项目加进去我们给提供服务的加密电子货币的列表。
 黑潮实验室于2014年8月成立，我们目前雇佣了两个全职的开发人员以及一些兼职的客服人员，翻译者，设计者，和开发人员。

币交中心－创新加密电子货币交易平台

币交中心是一个创新加密电子货币交易平台，我们只交易给加密电子货币全社区带来很大影响的币种。

更详细了解我们的工作过程，请访问： https://blackwavelabs.com

币交中心的性能：
连续不断的准备金证明，带签名的信息和地址展示用户余额以及币交中心本身备有的黑币量。
全功能API，能够随机产生各种有不同权限的API密钥。
非同步的交易引擎，能够同时匹配几百个交易业务
在web客户端上的实时用户界面
即时充值和提现，以0个确定用户开始收通知。
全中文化网页和普通话客服人员。
24小时之内回复客服问题。
站内客服聊天室。
多重验证。
我们创建和维护开源API包装器和实时交易机器人： https://github.com/excoinexchange




客服
站内：https://exco.in/account/support
电邮：support@exco.in
推特：https://twitter.com/ExcoinExchange
因特网中继聊天：#excoin @ freenode
比特信：BM-NBrBDUeKW5ZCFbs8G78e6pGvVfFA8HxR

我们提议
 我们想要立刻开放一个比特股交易平台，测试一个以比特元为中心的市场和有机会扩展我们的服务。但是，我们目前没有适合的适配器能够把核算方法和准备金证明整合进去比特股API。我们要求我们任为有100%工资率的代表。

我们试图创建的开源项目

 1）API包装器－我们需要专门为比特股API的API包装器。我们还在调查最好的方法做好这个任务。

我们将会 a）创造一个桥接器使得我们能够把聪客户端RPC调用来跟比特股客户端互动。这个方法带来的好处是如果其他开发人员已经有目前存在的比特币客户端的合适基础设施，他们可以很容易地使用比特股基本的服务性能。
－或者－
b) 创建一个完整的API包装器以使用比特股全部性能。
这两个选项不是相互排斥的，我们以桥接器着手，然后再加上更多性能。

API包装器项目一完成就在github上发布了。

2）Vault－健全多种加密电子货币的核算系统具有在客户端上面的抽象复式簿记，支持准备金证明，储蓄黑币，冷钱包和其他紧要的工具以运用安全，透明的加密电子货币服务。我们打算完成我们开发的企业型付款门户Onyx，之后发布Vault的源代码，所以它可以通过同行审查然后加密电子货币社区的成员可以更容易地创建安全的应用程序。
3)Bits－这个地理位置性的钱包能够跟任何以聪客户端为基础的币种使用。（访问https://blackwavelabs.com 更详细了解）

早期的作品例子
https://exco.in - 创新加密电子货币交易平台
https://github.com/ruby-wallet/ruby-wallet - Vault的早期版本
https://github.com/excoinexchange - 我们为了币交中心创建API的包装器例子和用这些包装器的交易机器例子
https://github.com/BlackWaveLabs - 黑潮实验室一般项目仓库
https://github.com/drunkonsound - 仙的加密电子货币相关的项目github
https://github.com/ogminor - Samantha的加密电子货币相关的项目github

为什么投票给黑潮实验室？
 支持黑潮实验室不止意味着支持创建比特股的项目。支持我们等于和一个致力于改善质量标准，基础设施，创建开源工具和提供非中央化的解决方法的组织建立良好关系。
 我们公开指责社区里的邪恶角色，我们会用中英文撰写关于加密电子货币的文章，主张创意，以及和有创意性的社区团结合作。

我们希望您会考虑赞助我们的组织和相关的项目。

代表名:
黑潮实验室
blackwavelabs

工资率:
100%

We are interested in moving forward with this plan we have registered our accounts, we are still reviewing the codebase and planning the best way to approach the creation of this new adaptor. We are deciding if we want to create a bridge abstraction that makes it mimic the output of the Satoshi API or just build a complete API wrapper. We are determining the best way to obtain the shares needed to register as a delete too.

Quote from: Excoin on January 03, 2015, 01:56:36 pm

We are already doing what you describe with NuBits and it is working very well. We are considering doing the same thing for bitCNY then expand from there.

Did you receive some kind of financial/developer support from NuBits to do so?

No, since they used the Satoshi client it was trivial to incorporate their coin into our current accounting & proof-of-reserves system. The community has voted to provide our exchange with liquidity.

We only considered asking to be a delegate because bitCNY and Bitshares would require us to shift our development focus to implement the changes needed. Which would allow us to implement the changes faster. We also plan on releasing our multi-coin account system (Codenamed Vault) open source eventually and feel the BitShares community and others would benefit for their adapter to be added to this project.

Quote from: Excoin on January 03, 2015, 01:03:01 pm

Interesting, thank you for the recommendation. We will look into that.

bitCNY,bitUSD actually isn't a bad idea. Allowing these to be traded against other cryptos would be unique and would give me a reason to trade their. It would also allow you to get into the fiat market in the short term.

If you are willing to do the above I think a delegate request is very reasonable.

We are already doing what you describe with NuBits and it is working very well. We are considering doing the same thing for bitCNY then expand from there.

Quote from: Excoin on January 01, 2015, 07:16:11 pm

Currently we are only interested in crypto-to-crypto trading. We are also building a new enterprise-grade payment gateway system. After that we may consider acting as a USD/CNY/EURO gateway.

This all sounds very promising. Have any or the devs reached out to you yet?
Please keep the USD/CNY/EURO gateway on the radar, i think a lot of potential and interest exists there.

We created our post here after the devs reached out to us via email. Their suggestion was we could offer to become a delegate to help cover the costs of our development. We wanted to see if there was interest and see if the possibility was feasible while we researched the project.