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Messages - muse-umum

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61
Stakeholder Proposals / Re: Yunbi delegates
« on: January 13, 2015, 01:00:43 am »
YUNBI has BIG plans on BTS.
I guess they will announce on forum soon.

62
每天就见你抱怨这抱怨那,有那么多时间去多学习学习不是很好吗。
多了解一下DPOS你就不会连这么无知的问题都还拿来论坛问了。

63
Technical Support / Re: Hello + block rate question
« on: January 09, 2015, 06:26:05 pm »
Welcome on board.

http://bitshares.org/the-value-proposition-of-bitsharesx-part-i-core-technology/

Quote
Speed and scalability.
BitShares reduces Bitcoin’s 10-minute confirmation time to 10 seconds and users can be 100% sure that a transaction is finally settled after 51 delegates have produced a block. BitShares is more secure after 1 block (10 seconds) than Bitcoin is after 6 blocks (1 hour).
BitShares is designed to handle thousands of transactions per second.

64
General Discussion / Re: Brainstorming Examples of User Issued Assets
« on: January 09, 2015, 05:42:54 pm »
UIA as tips.

There is a small exchange in China called YUNBI https://yunbi.com/?lang=en providing BTS/CNY and BitCNY/CNY trading pairs. It issued a bitasset YUN which can be found and traded in BTS wallet easily.

You will get YUN for free when you make a deposit in YUNBI. Things become interesting after you link your Weibo (you can see it as the twitter in China) with your YUNBI account. Every time you post a weibo saying you want to sent a specific amount of YUN to someone, the YUN will be transferred from your YUNBI account to his, even if he doesn't has an account in YUNBI (the YUN will be reserved for him till he creates an account and link it to Weibo).

With YUN you can buy something from YUN store, like coffer, mug, T-shirt, Iphone, Kindle,etc.

BitCNY/BitUSD/BitBTC can be easily implemented to this tipping system.

It would be great if we have similar things on twitter/reddit/bitsharestalk.

66
in fact, techically speaking at this moment you don't need 51% of stake to attack BTS, 16% are enough. if you have that much stake you can vote all of your 101 delegates in, which means you take full control of the whole dpos network since right now the delegate which gains most votes is only supported by less than 16% stake. when you do so, you can have all of your delegates disabled block production.

or with a 10% stake you can control over the half of delegates and sign on a alternative "main" chain (?)

yes, I think so. with 10% stake you can control 57 delegates at this moment, then reject all the blocks signed by the rest 44 delegates and also exclude the transactions which don't vote for you. but we are only talking about this technically.

67
... though "malicious" stake can be frozen in a hard fork ..
i don't know much about nxt, would a hard fork with malicious stake frozen solve the attack to nxt ?

68
in fact, techically speaking at this moment you don't need 51% of stake to attack BTS, 16% are enough. if you have that much stake you can vote all of your 101 delegates in, which means you take full control of the whole dpos network since right now the delegate which gains most votes is only supported by less than 16% stake. when you do so, you can have all of your delegates disabled block production.

69
Stakeholder Proposals / Re: Blackwave Labs/Excoin Delegate Proposal
« on: January 04, 2015, 11:12:19 pm »
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.

70
voted.

71
General Discussion / Re: Mobile Wallet - Testers needed
« on: December 30, 2014, 10:40:17 am »
why is elmato still not an elected delegate? join me in voting for him.

72
General Discussion / Re: BitShares Fee Schedule Explained
« on: December 30, 2014, 01:07:12 am »
Quote
Where Fees Go

All fees paid in BTS are accumulated into a fund that is gradually paid out to all delegates over two weeks. When a delegate produces a block they are entitled to a percentage of the fund which is then adjusted by their delegate pay rate. A delegate with 100% pay will receive the full amount, where as a delegate with 0% will burn the full amount they are entitled to. When BTS is burned this is similar to returning the value to the shareholders. We can therefore summarize it as all BTS fees are paid to delegates or returned to shareholders.

Maybe I have missed something here. Are the bold words still in effect? In my memory the delegates are paid with the inflated BTS, rather than the collected fees.


73
General Discussion / Re: You guys don't understand devshares.
« on: December 26, 2014, 07:26:36 am »
I3 is not going to be sharedropping on PTS going forward.
You can't say this. Even I3 can't say this right at this moment. (oh, they can, at then Stan claims that the words they've said are not formal, if formal ones are needed, check the newsletter. Even he can also say the words on the newsletter are not formal, check with I3's lawyer to get the formal ones.  LOL)

Does this really seem to be in question to you guys?
Yes. It matters quite a lot. It's about trust. I will stop all of my investments on BTS once I figure out I can't trust the 'official' guys anymore.

74
General Discussion / Re: You guys don't understand devshares.
« on: December 26, 2014, 06:20:23 am »
I see the people here arguing with Stan are NOT asking for more DVS.

The messages they are trying to deliver are:
1.  PTS has been 'dead' since 11.05. This is the only snapshot date for PTS after then regarding the 'official' DACs like DevShares.
2.  Bytemaster said in one post that DevShares would respect 11.05 snapshot for PTS.
3.  Message 2 was widely spreaded around both English and Chinese community.
4.  Actually Stan/developers/3I (I don't know whom I should put here :'( ) failed to follow message 2.
5.  Stan didn't want to admit the fault and tried to defend himself by a reason which is not so reasonable and surely not accepted by them.

In a word, they hate someone always dance around the questions.

I, for one, think what they are trying to fight for is reasonable.

75
btc38 and yunbi

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