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Messages - matle85

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121
Would it not be better to get BTS added to these CEX instead of a single bitasset?

I remember someone mentioning there was already a listing bounty for BTS a few weeks ago (I think on Telegram?) but can't find the message.

To add bitCNY or bitUSD the exchange has to connect into Bitshares so adding any other coins (BTS, Zeph etc) would be much more straight forward.

122
General Discussion / Re: [eng] Marketing Efforts and Pre-Worker Discussion
« on: November 07, 2018, 11:52:49 am »
Note that I'm assuming in my previous post we can get enough people inputting to the RFP for free and then use that as the basis for a good worker proposal.

I'm happy to work on it but others with a marketing background and strong opinions (inc you Thul!) would need to input :)

123
General Discussion / Re: [eng] Marketing Efforts and Pre-Worker Discussion
« on: November 07, 2018, 11:48:52 am »
Thanks Xeroc for this, regardless of the proposal itself it is really positive to see these things being brought forward / proposed as marketing is absolutely critical to taking BTS to the next level.

I have gone through the documents and was not blown away. I do not feel the fee is particularly high but I also don't think we will get much out of it.

My suggestion is we utilise our different expertise to prepare a Request for Proposal (RfP) document outlining what exactly we want and are looking for. A number of us could work on it as a shared Google document and we could pin down as a community exactly what we are looking for. A reasonable budget could be agreed and then a worker raise including some allowance for a proposal committee to review submissions and select the successful firm.

I don't have a background in marketing but I do work on a lot of large tenders / design competitions so have some ideas on how this could be done & structured to get best possible results. I'd be happy to work on the document with others but we'd need to crowbar some time out of people like clockwork with more of a marketing background.

124
Can we add "lobby/convince CEX to enable borrowing bitasset with BTS via CEX" as a secondary bounty objective? It would help return BTS to the DEX, increase BTS buy pressure on affected CEX & solve CEX bitasset supply issues.

this is  a little complex, need to do some assessment before marketing, I don't recommend it to be included in this worker proposal.

I have some discussions underway on this and think I may be getting a little traction... Tricky but let's see. Will keep people informed.

(Note I know this is outside of the worker)

125
Hi Xeroc, yep sorry BBF :) I believe DL was going to raise it as a potential worker to the BBF as per his earlier post here and gauge it's likeliness to pass.

The worker would need to cover the listing fee and then some allowance for people on the Bitshares side assisting technically with the integration - I think DL is much clearer on the quantum of effort involved in that side of things (and who can do it) than me.

Additionally it would be better for the worker to sit under someone more established / trusted in the community with a track record on some workers. I'm a trustworthy guy (honest!) but obviously nobody has seen me do much for Bitshares yet so I wouldn't expect the proxies to sign over X BTC worth of funds to me.

126
Completely agree on the blog - bit of a challenge with a decentralised community. I'd like to see a worker to elect a 'board' responsible for articles with a small bounty per article and some fee for the board members time reviewing/choosing the best. I think that might work better than just having part time authors employed directly by the worker as you'd get more varied and innovative content (hopefully)

127
As highlighted in some recent discussions there is an oddity on bitUSD, bitCNY and similar that the "asset owner can transfer asset back to himself" and override transfers option is active.

Bitshares is decentralised and we are pushing these coins forward as trustless so I propose these permissions are turned off.

I wanted to raise it here so we can discuss:
  • What are the benefits of the permissions remaining on?
  • Do these outweigh the negatives of it remaining on?
  • If we turn it off how is that decided and done? 

In my view the function would (/should) never be used and leaving it on significantly undermines the fundamental premise of them as decentralised / trustless stable coins.

I think the only reason to leave them on would be if there was a significant and clearly defined regulatory or legal advantage...and even then I think I would take some convincing but I welcome views from others :)


128
Ok I have 3 top 50 exchanges ready to list both bitCNY and bitUSD with draft agreements outlined. Each will list the two stablecoins against 3-4 pairs.

There is a bit of a fee to pay and some technical support required from the foundation side so have raised it to DL for him to look at and discuss with others more in the loop than me.

Notwithstanding discussion over whether this qualifies for a bounty (i.e. if the mention of 'base' mean more than securing 3 pairs for the coin) I'd love to see bitCNY and bitUSD entering the current public discussion around stable coins so really want to see the listings go ahead.

Happy to assist elsewhere as required - I'm not following up on my initial discussions with other exchanges at the minute as no point in ending up with 5 or 6 on board with no way to get them over the line :)

129
Another update folks!

The 4th invitation slot goes to MichaelX who will be joining us in Athens.

I think this will be a fairly good mix after all.

a committee member
a major proxy
the core team coordinator
and the voted spokesperson

I can confidently say we'll all do our best to represent BitShares and spread the word as much as we possibly can while there.

Strong group! Great job with this Alex and I'm sure you guys will do a great job of representing bitshares.

130
My vote would be for disabling it. I don't think it would be ever used anyway and having the option there undermines it in the same way it does for Circles USD Coin (guess you guys have seen the same posts as me in recent days highlighting this owner feature allowing them to block accounts and transfer the asset back).

131
Thanks DL, really appreciated.

Note I'm also quite far along in discussions with Hotbit and  am just getting the draft package details.

Gemeni are not interested (competing stable coin so not that surprising).

Bitbay are not interested in stable coins at the minute but I'm discussing listing BTS with them.



132
That's the price for both by the way - negotiated down as it was originally per coin.

133
Cheers Abit will do.

Whatever happens with the bounty discussion I'd love to see us listing bitCNY and bitUSD on LATOKEN. People could sell USDT for bitUSD...I know what I'd rather have  ;)

On the bounty side - as long as it's the same rule for everyone then it's a level playing field so I can't really complain. I'm speaking to a few about 3+ pairs so let's see, I think moving above that would need a few months of proven liquidity on the exchange so let's get them up there first :)

134
I've negotiated with LATOKEN (number 36 when I looked  today) to list bitUSD and bitCNY for 7 BTC + 1 BTC in native token. Both will be listed with 4 pairs (BTC, ETH, USDT and LAT).

Notwithstanding the bounty and discussion over whether this counts as 'base' I would like to see us get listed and I've got a draft agreement from LATOKEN. I have emailed BBF for some guidance on how it gets finalised.

Bitshares: matle85

135
Technically, the bitUSD asset type is owned by committee-account, and the permission "asset owner can transfer asset back to himself" is not disabled, so it's possible for the committee to transfer some amount of bitUSD from one account to another account, e.g. transfer back the bitUSD from the old account to your new account.

However, we've never done so in the past because it's controversial and can lead to scamming. Also it may put the committee or certain committee members to unexpected liabilities.

In this case, if the lost bitUSD is really important for you, I'd recommend that you start a some sort of charity fundraiser asks for donation.

Should this be turned off?

I noticed a quite a few posts highting that a new stable coin had this feature and was therefore a sign it is not a real cryptocurrency.

I can imagine cases where it might be desirable to transfer bitUSD back but should it really be a technical option? It feels like it goes against the whole idea of the DEX.

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