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Messages - clockwork

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241
Stakeholder Proposals / Re: BSIP22
« on: October 08, 2018, 10:36:26 am »
I have a big concern, if implementation of this BSIP will put the network into hands of major stakeholders. Obviously, most of the users are not interested in things like voting, politics, etc - they just use the service. This means that as soon as those votes will decay, we end up with only major stakeholders (having big amount of BTS) are actually voting. This may kill decentralization (which is quite weak even now), and turn Bitshares into private blockchain, owned by several major whales.

hence why the insistence on voter education as well + proxy decay

242
Stakeholder Proposals / Re: [Proxy] kimchi-king - Journal
« on: October 07, 2018, 03:59:48 pm »
I've pulled our votes for the "Spokesperson" worker proposal due to a recent discovery that she is a member of the DASCOIN team and actively promoted DASCOIN instead of BitShares at the recent Bitfest.

bet she eats children too wicked witch..

243
Stakeholder Proposals / Re: BSIP22
« on: October 03, 2018, 07:09:50 am »
Supported on my side under following conditions.

1. Expiring proxy assignments (expiry period longer than proxy's decaying period)
2. Voting portal to counter voter apathy
3. Stateful notifications in UI or voting portal:
   a) Prompt user to check/refresh his voting slate (if sufficiently decayed)
   b) In case of user with proxy set, notifications when proxy modifies voting slate

244
General Discussion / Re: Announcement on BSIP42 relevant actions
« on: October 02, 2018, 09:11:19 am »
I'm very curious as to what you believe it tells seeing as the majority of the witnesses are still feeding BSIP42 feeds and median/price is still with premium.

I just said "seems", and actually some witnesses that had applied BSIP42 on bitUSD now returned back, they now feed price much lower than the median when there is still obvious premium, including delegate.freedom, sahkan-bitshares, witness.yao, xn-delegate, bangzi, witness.hiblockchain...


Just wanted to clear that up because most people are not able to follow the bsip42 discussions. Yes some witnesses switched but the majority are still feeding w/ premium hence anything in the chart has nothing to do with xerocs announcement or a change in pricefeeding (since there wasn't one yet)
From my observation, although there were 15/27 witnesses trying to feed bitUSD according to bsip42, which is more than 1/2, the data says 2 of them have not configured the feedback algorithm well, that said, while bitUSD was still at premium, these 2 witnesses were feeding slightly lower-than-median price (BTS/bitUSD) (although higher than trading price), thus prevented the median feed price from adjusting towards to the "correct" direction. These 2 witnesses are: witness.still and btspp-witness. Likely they manually set a limitation on the adjustment that caused the result.

ok...thanks for clearing that up Abit.

Still, BSIP42 feeds are relatively close clustered together around a higher price just as non-BSIP42 feeds are clustered around a lower price. Final median might not be as high as it would've been had all witnesses adopted BSIP42 but i don't think the difference is big enough to "blame" for the jump in the chart Jerry supplied.

I only mentioned it because both of you have very solid arguments FOR bsip42 (although harder to follow for a big part of the community) which I'm following with great attention and it's a shame to dilute them with a reference to what IMHO is a potentially unrelated market move.

245
General Discussion / Re: Announcement on BSIP42 relevant actions
« on: October 02, 2018, 05:33:25 am »
I'm very curious as to what you believe it tells seeing as the majority of the witnesses are still feeding BSIP42 feeds and median/price is still with premium.

I just said "seems", and actually some witnesses that had applied BSIP42 on bitUSD now returned back, they now feed price much lower than the median when there is still obvious premium, including delegate.freedom, sahkan-bitshares, witness.yao, xn-delegate, bangzi, witness.hiblockchain...

Just wanted to clear that up because most people are not able to follow the bsip42 discussions. Yes some witnesses switched but the majority are still feeding w/ premium hence anything in the chart has nothing to do with xerocs announcement or a change in pricefeeding (since there wasn't one yet)

246
Stakeholder Proposals / Re: Proxy: xeroc
« on: October 02, 2018, 05:17:01 am »
Witnesses (like employees) are expected to do EVERYTHING right.

<fairy tale>
Alice and Bob are running a window cleaning business, and Charlie is their employee. Alice insists that windows must be cleaned with MagicClean(tm), while Bob insists that windows must be cleaned with WindowMagic(tm).

If Charlie uses MagicClean, Bob will fire him. If Charlie uses WindowMagic, Alice will fire him. What should he do?

Alice and Bob's customers don't care how their windows are cleaned, they're just interested in having clean windows. What should they do?

So the customers (and Charlie as well) go to Dave, who is also running a window cleaning business. Charlie, Dave and the customers live happily ever after, while Alice and Bob go broke.
</fairy tale>

If Alice and Bob were clever they'd sort out their differences among themselves, then tell Charlie about their decision. And NO, the BSIP-42 vote is not a decision, because obviously everyone is reading something else into it.

Stop brute-forcing decisions and find consensus!

nice methaphor...Only thing missing is expecting Charlie to know enough advanced chemistry to decide which of the 2 products is better for the environment.

247
General Discussion / Re: Announcement on BSIP42 relevant actions
« on: October 02, 2018, 05:12:43 am »


this biUSD/bitCNY chart can tell something.

bitCNY has pegged well for some days, as bitUSD is still in high premium, the ratio is kept above 7.1 for some days.

about 5 days ago, BSIP42 began working at bitUSD and the ratio fall from above 7.1 to below 6.9, a good trend to return to good peg.

however after xeroc's announcement, it seems some witnesses return back to the non-BSIP42 price feeding algorithms, and  the ratio begin to go up, an off-peg process begin.

I'm very curious as to what you believe it tells seeing as the majority of the witnesses are still feeding BSIP42 feeds and median/price is still with premium.

248
voted for this one as i think is definitely a good idea to have bitshares exposed in this event.

thanks!

update: at the moment the worker is funded, but barely. If Openledger sells some BTS it's out again.
Any votes really help to lock this in. If the coming time I get 1/2 more votes, I will progress with the deal and start setting up the bitshares @ steemfest - give away campaigns on Steem.

voted a while back...just saying :)

249
I'll take bitcrab's share if he doesn't want it :P

250
General Discussion / Re: Maker Taker Incentive/Fee parameter for Assets
« on: September 13, 2018, 05:59:15 am »
the maker incentive negative percentage is a VERY interesting thought

Havent gone in depth with it to see potential issues but it def needs some attention.

Hope more people join in this conversation

251
This is a note for all witnesses experimenting with BSIP42 price feeds.

If you're applying a premium to more bitAssets apart from bitCNY, please note that you have to do a separate premium calculation for each bitAsset as for example the bitCNY one does not apply to bitUSD which is currently trading below peg.


252
Technical Support / Re: Handshake status 429 Too Many Request
« on: September 08, 2018, 07:25:45 pm »
Use a different node...infrastructure nodes are rate-limited

253
Can anyone explain why whaleshares doesn't have the inflation protection for vested balances that steem has?
Why should I *not* claim the sharedrop, withdraw and sell as quickly as the rules allow?
AFAIK you cannot powerdown until mid october, and the rate of powerdown is affected by the platform's inflation rate.

Yes, that's what I meant with "as quickly as the rules allow".

I'm not sure about inflation protection, do you mean receiving rewards for held stakepower over time?

STEEM pays 90% of inflation into the vested steem pool, which looks like "interest" on vested steem / steem power. Apparently WLS doesn't do that, so effectively vested WLS are losing value due to inflation.
If you don't want the tokens then you're free to sell them as you see fit, I wouldn't let the economic policies get in the way of claiming your sharedrop. I'm sure people would be interested in picking up some cheap WLS on the BTS DEX.

I don't think it's impossible to change the economic policies through future hard forks, but steemit doesn't pay interest on steem power neither, you can only earn with your vote weight through curation rewards, no?

I remember an article that explained the differences to Steem and the reasoning behind them....I'll have to look it up to see if it's any help

254
Rich list: BTS missing division by 10^precision

255
502 Bad Gateway

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