The purpose of this BSIP is to minimize the cost incurred by the network doing unnecessary operations every maitenance interval.

Every hour votes are tallied and 99% of the time there is no meaningful change. Under this proposal, votes would only be tallied when requested by a user and at most once per maintenance interval. The fee for tallying votes would be around $5.

Users of the system can determine whether or not there is a $5 difference in votes that would justify a re-tally. A worker, witness, or committee member who got voted in would pay $5 to have the vote counted.

The side effect of this behavior would be to greatly improve reindexing performance, the vast majority of which is spent tallying votes that never change.

Witnesses producing blocks on the maintenance interval can pre-tally the votes and compare them to the last value. They can then indicate whether or not anything changed significantly in the block they produce.

If there is no one who stands to benefit by more than $5 then chances are it is an unnecessary update to the voting totals.

I will vote the rest of you back in later today.  I hope everyone who was voted out knows it was nothing personal, I was just attempting to get to 67% participation before more drastic measures were required.

57.8125% participation and rising..

Proxies please support delegated-proof-of-steak and clayop because they are quality witnesses who got up to date faster than everyone else.  A quick vote could get us up to 67% participation in a timely manner.

We have 24% of the witnesses producing blocks in sync now.   The rest should update asap.

Everyone running a full node with the latest release, please shut it down, it will no longer sync with the network due to a recent bug and it may end up preventing others from joining the network.   

Once we are sure all issues have been resolved we will make an official release.  For now, join the witnesses in telegram for help reviving the network.

I should have a patch ready soon. 

I'm little upset because you keep ignoring BSIP 4 (percentage based fee for filled order). Any reasons?

Let me look at USD-BTS market in last 24 hours. It has 14 filled orders with 160k BTS volume. This generated 140 BTS fee (10 BTS per filled order).
If we implement percentage based fee, and assuming the fee rate is 0.1%, plus reducing order creation fee to 1 BTS, the total fee will be 164 BTS (160k * 0.001 + 1 * 14) which is 24% higher than the current fee system.

People won't complain BSIP 4 because this system is already broadly adopted by many exchanges. It will also resolve a problem of relatively higher fees on small traders.
With more fees generated, referrers will be  happy as well.

I didn't intentionally exclude any BSIP. Something like BSIP4 we could implement under the proposed SUPPORT workers.  The change is essentially to direct market fees through the fee pool and then through to the referral program for committee assets. Note that this proposal contradicts another improvement which is to transfer these same fees to the issuer of a UIA. All told, BSIP4 should probably have two modes: when trading between two assets controlled by the committee it goes to the referral program, when trading between a UIA and an asset controlled by the committee the fee should go to the UIA issuer.

I enjoyed the blog post! Vision isn't everything, but it's important to have.. and this is a good one. The MAS is a smart strategy all around, and to have it on our chain could bring a lot of the right people and attention to the project.

It's important to realize that BitShares is already ready for people to build beta apps on (and they are). Yes, it has a lot of "technical depth" so the current learning curve is a bit steep. Testing, experimentation, documentation, & support by non-core developers and users is all it takes to lower the curve.. it just takes time.

Because the DEX is not an FBA, there is little incentive to allocate FULL resources towards making it into the next Poloniex.. maybe that's the price we pay for socialist features The good news is that since it's part of  core infrastructure, businesses will be incentivized to improve it going forward.