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Messages - nmywn

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General Discussion / Re: btsbots wallet release v0.0.1
« on: March 24, 2017, 07:06:43 pm »
It's android app.

Answer for 2 last questions: yes, yes

General Discussion / Re: Liquidity, Liquidity, Liquidity
« on: March 19, 2017, 11:39:07 am »
although the process to increase witness payment is still on going, I am considering another possibility - to pay witness in bitUSD.
frankly speaking I have considered to use bitCNY to do this, as bitCNY has better supply and market depth than bitUSD, but more bitCNY supply may lead to one result that had happened: most of the bitCNY finally acculmate in transwiser and transwiser have to force settle. so maybe bitUSD is a better choise.

suppose 0.004$ is BTS price, then block payment should be 0.012$, 345.6 USD per day.

let reserve pool borrow 62208 bitUSD - which is total witness payment for 180 days, with 0.004$ as price and 5 as collateral ratio, that need 77,760,000 BTS for collateral - seems OK.

in order to get USD for position close, every week committee will place an order to sell 604800BTS  - the total weekly witness payment with 3BTS/block, with the price calculated out from some rules: the highest BTS price in the last week or other better rules.

It would be great if witnesses and workers could be paid in BitUSD automatically by the blockchain. Unfortunately bitshares is not designed to do this and as you suggest the only way is by trusting the committee with large collateral positions.

[member=120]xeroc[/member] latest worker is similar to this proposal, lets see how that goes

I'm not sure if shareholders would be happy to trust the comittee with such large amounts.
So much problem to calculate how much BTS is needed to cover 1 USD? I mean you can pay with BTS, but value witnesses service in terms of USD.

2. Merge Send and Withdraw
I don't like this idea. Send tab is like private message system and should be optimized in that direction imo. Expand full message when click is an option I would love to see - popup is not bad, but makes imposible to copy from it.

I don't like exchange market stats, looks like crap. Chart buttons shouldn't be there. Very annoying pointer => help cursor change when hovering over my markets.

by exchange market stats do you mean featured markets? (on the current dashboard page)
No. This:

Technical Support / Re: Import priv key (WIF) to new empty wallet
« on: March 07, 2017, 05:55:01 pm »
Make sure that new wallet is set as active.

I don't like exchange market stats, looks like crap. Chart buttons shouldn't be there. Very annoying pointer => help cursor change when hovering over my markets.

General Discussion / Re: Blockpay transaction fee
« on: March 06, 2017, 09:24:49 pm »
I'm not sure how it's work in BitShares, but in general liquidity taker pays more fee. In simple words: don't dump - place your order and wait, be a maker.
So how it's work here?
Both sides pays 2%, or only taker pays that fee?

中文(Chinese) / Re: 交易App想法及原型
« on: March 06, 2017, 04:55:44 pm »

Technical Support / Re: !!! Stupid Questions Thread !!!
« on: March 04, 2017, 07:54:16 pm »
Question: Openledger is a company who runs which looks same as how everything looks in the Bitshares Light client in terms of UI etc. Is the Bitshares light client just connecting to Openledger to display a UI? What happens if is hacked and brought down, then nobody can use their Bitshares clients anymore?

Why arent there more alternatives for 'visualising' this decentralised exchange because currently I just see some company running a website ( which if it went down we are all screwed? Is it openledger that decides what assets to trade and display in the light client?

Thanks !
You have your backup. It's a key encrypted by your password. All your actions must be signed with that key. You can load that key into any wallet that runs on top of BitShares.
Openlegder's GUI, like many  web wallets is just tweaked light wallet, hosted on website. When you enter that site, you're downloading javascript code that allow you to interact with BitShares blockchain in your browser. If they're down, you can use other wallets, for example:

Or you can load your key into light client, which is best option imho.

There are some projects with different aproach: - here you can load your key and run a trading bot, which is awesome.[member=43367]steemalf[/member]/microsoft-excel-openledger-dex-wallet
Totally new chinese GUI:

More projects:

Very good Android wallet:

I would say, all above, including Openledger,  are just another doors to the same room, where all magic happen.

General Discussion / Re: conditional payment feature?
« on: February 22, 2017, 07:49:32 pm »
[member=40079]yvv[/member] in trollbox, yes. You can send transactions. Could query market orders too. This could work like console actually.

General Discussion / Re: conditional payment feature?
« on: February 22, 2017, 06:01:59 am »
"e-screw" account: 3of5 multisig group
e-screw selling ESCREW.CNY UIA against bitCNY.

 If I want to withdraw bitCNY,   i'll convert  them to ESCREW.CNY on the market.
 Next i must send memo to  e-screw: "withdraw [my bank account number]"
This should trigger some e-screw's action:
 Forbid me from transfers and trades ESCREW.CNY (conditional payment delivered).
 Check how much i got to withdraw.
 Create virtual order book on the outside webpage, for example "1000 bitCNY 'somerandomstring'
 Now first guy who'll send 'somerandomstring' memo, should receive [my bank account number] back and is obligated to pay 1000 CNY to me.
 When I receive money on my bank account, i must send another memo "confirm". Then my ESCREW.CNY must go back to issuer and my account is whitelisted again.
This way you don't need to touch CNY at all. I can confirm  transaction without actually being part of multisig group.

However Buyer can be asshole and lock those virtual orders, without intention to buy anything.

However Seller can be asshole too, then Buyer must provide proof of bank transaction.

Good news: you can be asshole only once per account.

General Discussion / Re: bitshares asset KAPITAL can't sell???
« on: February 20, 2017, 11:04:16 pm »
The question of how he was able to buy it in the first place remains..
Good point. A bug?

Stakeholder Proposals / Re: [Worker Proposal] Advertisement at 8btc
« on: February 19, 2017, 10:52:15 am »
Thank you.

Stakeholder Proposals / Re: [Worker Proposal] Advertisement at 8btc
« on: February 19, 2017, 05:55:28 am »
[member=2134]Yao[/member] Looks super nice! Would you translate what is written on red "buttons"? I'm just curious.

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