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@ RIncreasing my BTS position will have zero impact on the 'strength' of my forum posts 🙄
Do you want to be stronger？hold more bts.
So you're saying that by not developing what investors want they won't invest? So why would they invest if there is no development to develop that which they want?
I agree with OP, a lack of development will lead to stagnation and decaying software quality. If HackTheDex runs out of funding then there are always external security groups who pay much more for zero days & wouldn't hesitate to use them.
The combination of hackthedex and bitshares-ui development resolved multiple critical vulnerabilities in the last year which had they fallen into the wrong hands could have led to ransomware & worms speading through the network with precision and minimal input by the victim.
It looks like you want to argue for something and want prove your opinion is right, that's very interesting.
and please calm down!I will not remain silent as malicious actors continue to degrade and besmirch Bitshares for their own financial gain.
Bsip83 should not existWell it does, you can't will BSIPs out of existence - comment on the PR and/or vote when the time comes.
I have checked bsip83. Does anyone really think it will be approved?
transfering bts voting right to another token? it is ass idea.
Frankly, BTS has been runned for five or six years, and some people are trying to change voting rights now,just because BTS holders are complaining more and more about expenses of workers?
i worry about the professional spirit of these guys.The spirit of many is being broken by refund400k, BSIP76 and the totalitarian attitude of cn-vote members. Frankly I'm surprised more aren't up in arms against such behaviour which continues to degrade Bitshares.
I think you are right. Some people want to deprive bts holders of their voting rights.It’s really shameful.
Bsip83 is trying to rape bts holders.
Yes, i forgot that I could get an airdrop of ass.management tokens.
the active gratitude towards work of these workers is very appreciated by us.
But on the other hand, these workers have already paid a considerable amount of money.
While BTS is no longer a hot cryptocurrency and BTS investors are not getting any returns, BTS worker is certainly a much hotter business than before.What does this even mean? Nonsense.
The expenditure of the BTS system exceeds most of the other cryptocurrency,Do you have any proof for this claim? Sounds made up.
the BTS workers have been paid more than 40 million CNY(6 million USD) last year and nearly 27 million CNY (4 million USD)this year (THANK for refound400k).Fake figures - shame on you for spreading FUD.
A Nobel Prize is only about 6 million RMB, and ten Nobel prizes can be awarded with the expenses of BTS in these two years.Nobel prize awards are not a standard comparison for contractor wages. This comes off as petty & aggressive.
Development needs to be paid, translation needs to be paid, marketing needs to be paid, meetings need to be paid, papers need to be paid, documents need to be paid, and these expenses are more and more.Indeed, by voting for refund400k the result is that translation, development, marketing, meetings, papers, documentation and more are directly impeded. If refund400k is in place too long, those who once contributed towards these areas will leave resulting in future WP being less effective. Not good.
In the past two years, nearly 200 million BTS token were sold in the market to pay wages for workers.Again fake figures pulled out of thin air.
At the current rate of expenditure, the remaining reserve funds may be spent out in three or four years, so the expenses budget must be controlled and adjusted.Disagree, your figures and estimates are factually incorrect. If you're worried about the reserve fund, let's raise the fees to increase the reserves. Heck let's rebalance the referral income for more fees to go to the reserves than to directly impede the future outlook of Bitshares through refund400k.
BTS workers are actually a business nowIf you fire all the workers in a traditional business there is nobody left to run the business, investors flee and the company fails. This is the fate you want for Bitshares?
Therefore, it is suggested that, until the management of relevant workers is improved, other workers will be deactivated for a period of time except for necessary worker such as network maintenance, core bug fixing, which will be funded.Why punish all WP for the complaints you have against individual WP? Seems highly illogical and only serves to drive these smaller WP devs away from the network towards competitors.
In fact, lots of the open source softwares on github are developed free by developers, and these softwares are also very successful. Even if BTS spending is reduced, we also believe that developers who love BTS will be willing to join the development.When you fire full time developers who rely on WP as a primary source of income they will not stay, they will seek alternative employment so as to feed their family.
However, The wages of all workers are actually paid by all BTS holdersThey're allocated by BTS holders, but they're not paid directly by BTS holders - they're paid directly from the reserve pool, not BTS holders balances.
I don't think so, the investor don't buy not because of lack of development, but these development didn't give what they want.So you're saying that by not developing what investors want they won't invest? So why would they invest if there is no development to develop that which they want?
We have fund almost 20M bitcny to the development in this year, now we need to check the result of these development.This is a wildly inaccurate estimate, way over 2x the real amount of funding.
I don't believe either party regarding the 'short attack'. I don't hold my BTS in CEX nor do I know anyone that uses ZB to store BTS, if you're willing to publicly accuse ZB of wrongdoing then surely the onus is on you? Seems half measured.ZB has outright refuted these claims: https://twitter.com/ZB_Group/status/1188771828967206912?s=20
So who's lying? OP or ZB? If ZB is as corrupt as you all claim, why aren't you encouraging everyone to pull their BTS from their CEX and denouncing them more severely?
Oh, you believed ZB? That's very interesting.
Why aren't you encouraging everyone to pull their BTS from their CEX and denouncing them more severely?
So, you can do what you want to do, and believe what you want to believe.
It's very interesting about your thought, You believe it or not believe it, nobody care, if you want the true, to find out by yourself.
I don't believe either party regarding the 'short attack'. I don't hold my BTS in CEX nor do I know anyone that uses ZB to store BTS, if you're willing to publicly accuse ZB of wrongdoing then surely the onus is on you? Seems half measured.ZB has outright refuted these claims: https://twitter.com/ZB_Group/status/1188771828967206912?s=20
So who's lying? OP or ZB? If ZB is as corrupt as you all claim, why aren't you encouraging everyone to pull their BTS from their CEX and denouncing them more severely?
Oh, you believed ZB? That's very interesting.
Why aren't you encouraging everyone to pull their BTS from their CEX and denouncing them more severely?
So, you can do what you want to do, and believe what you want to believe.
You have not listened to thousands of Chinese community members. They have been dissatisfied with the worker system for a long time, and me too. Most of the workers didn't play a real role, but they got a lot of money. For example, the current core team and UI team, many Chinese developers are willing to replace their work, only need to be far less than their compensation, and can do better. If they are not satisfied, we can let the more suitable people do the work.I hope to promote the Bitshares worker system to be more efficient and useful.
Welcome to the Funhouse!
In the spirit of constructive criticism. Where do you see the deficiencies of the current worker system, especially when using the BBF as an escrow?
你并没有倾听数以千计的中国社区成员。他们对worker系统不满已久，我也是。大多数的worker并没有发挥出实际的作用，但是却获取了高额的报酬。例如现在的core团队和UI团队，已经不少中国的开发者愿意取代他们的工作，只需要远低于他们的报酬，并且可以完成得更好。如果他们不满，我们可以让更适合的人来做这些工作。
The first is the feeding price，there are major defect in the original mechanism and we must improve it immediately.Can you please define the issues/defects in the original price feed mechanisms & how they can be improved immediately?
FEED PRICEWould a 1-2d moving average price feed be enough? Considering BSIP76 has been active for more than a full month now?
In china, a lot of individual investors also enter the futures market, which is very different from the western market. However, individual investors and institutional investors are not balanced in terms of financial strength, and manipulation of settlement price by financial strength often happens. So, in china, all futures exchanger determine the future settlement price by taking the volume weighted average price during a trading day, so as to effectively prevent the risk of market manipulation (The detail can be found in[4]). For the BTS system, investors' debt holdings are completely exposed to CEX, and there is a complete imbalance between individual investors and CEX. Furthermore, in order to get a lot of shorting interest, some CEX used to sell fake BTS to cause the price to fall sharply which influence the trading price of BTS in all markets, and trigger a series of BTS debt explosive .Considering the above discussion, it is necessary to introduce some enhanced feed price algorithm in bitshares. For example, the feed price is the larger one selected between the average value during a period of time and the current value ,so as to resist price manipulation and improve the price recovery ability of BTS.
Observation4: It is necessary to introduce some enhanced feed price algorithm in bitshares, so as to resist price manipulation due to shorting and improve the price recovery ability of BTS.
