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Messages - pc

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Meta / Re: do you have modify the trade logic in this fork?
« on: December 24, 2017, 02:08:55 pm »
Shorters should know that they risk a 10% penalty when being margin called. None of the defined operational parameters are broken through this behaviour.
IMO this bug is a flaw, but not a serious problem. It certainly doesn't justify an emergency fix, or whatever you expect.

- my contract with the blockchain will end 8/1/2018. i plan to renew, will send more details in a new worker text but will be very similar to the current contract(same money, same escrow, same period of time, pretty much same tasks).

I fully support that. You have done a great job, Alfredo!

The elasticsearch looks pretty straight forward, I am open to getting this installed on my Los Angeles node to get this tested as well.

Please be careful. AFAIK exposing an ES node to the internet is dangerous.

Many users would also feel more comfortable using this if a BitShares dev peer reviewed the code.  That would also help iron out any bugs and speed development.  Perhaps Alfredo or Abit could help with this?

AFAICS this project will only use the API. IMO Abit's and Alfredo's is better spent on the core.

I think you can change the max supply later. But if you already know that the supply will keep growing, simply use the maximum allowed value.

Technical Support / Re: how to cancel settlement order
« on: December 23, 2017, 09:38:42 am »
I am new to bitshares. I asked for settlement of bitUSD.  I think i have misunderstood what that means. I dont have any long or short positions. And I am unclear what the 'fair price' means at that time. DO i get bitshare according to the price which will be there at the time 24 hours after i placed the order? I thought it is at the time when i put in the order.

How Do i cancel the settlement order?

You will receive 99% of the settlement price at the time when settlement happens, i. e. 24 hours after requesting settlement.

It is not possible to cancel settlement requests.

Technical Support / Re: Manually creating UIA through cli_wallet
« on: December 22, 2017, 01:27:40 pm »
See here for an example (but note that it's for an MPA, not a UIA):,24322.msg311164.html#msg311164

maybe the following link is the answer to my question.

That's a good start, yes.

the bitsharetalk community is too inactive!

What? Because nobody answered your question within an hour? And you even had to look for answers yourself, that's so 90s!

   2) From the graph interface, we should set the maximal asset limit. could I issue an user asset without maximal limit?

No, that's technically not possible. You have 15 decimal digits available, and you can choose where to set the decimal point.

  3) what is the cost to issue one user asset? and what is the cost to transfer user asset between two users?

The current fees can be viewed here:
Transferring as well as issuing assets currently costs 0.22 BTS plus 0.12 BTS per kilobyte.
Creating an asset is a lot more expensive. The price depends on the length of the asset symbol.

Technical Support / Re: Manually creating UIA through cli_wallet
« on: December 21, 2017, 05:08:09 pm »
The flags and permissions are bit fields, not structs.

Meta / Re: do you have modify the trade logic in this fork?
« on: December 21, 2017, 02:14:24 pm »
The issue was submitted a long ago, why wasn't the fix included in the last fork?

We discussed the fixes to be included in the hardfork here:,24816.0.html

At that time, the problem was only a side remark on issue #338. There several reasons why it wasn't included, like
* lack of manpower (at the time, [member=43274]oxarbitrage[/member] was the only paid developer)
* the problem was not considered to be a serious one
* nobody came up and asked for a fix, or offered to help - as you can see from that thread, general interest from the community was almost non-existant
* we have a lot of issues regarding the market engine, so fixing this should be part of a bigger overhaul IMO

Technical Support / Re: Manually creating UIA through cli_wallet
« on: December 21, 2017, 12:40:40 pm »
Scroll to the right, and you'll see that you have an unrecognized character at the end of your statement. This is causing the error.

Technical Support / Re: Creating a fiat gateway
« on: December 20, 2017, 03:54:22 pm »
I'm not familiar with the procedures for the UI. Perhaps open an issue in the repo and talk to Bill Butler and/or svk.

Stakeholder Proposals / Re: proposal to create bitXCD
« on: December 19, 2017, 07:23:33 am »
Thanks [member=23]bitcrab[/member] . I'm not an economics expert, so I suppose this makes sense. :-)

You must specify an amount greater than 0.0 (an issue_asset operation that doesn't issue anything doesn't make sense).

Stakeholder Proposals / Re: proposal to create bitXCD
« on: December 18, 2017, 05:53:39 pm »
I'm sure the info is available somewhere, but I'm too lazy to go searching... :-/ Nevertheless, I'm seriously interested in answers to the following questions:

1. What is the economic sense in an asset that has a fixed exchange rate to USD? Why should anyone not simply use USD instead?
2. Where does the "magic" value 2.7 stem from? Is there an economic reason for that value?
3. Can we be extremely sure that this value is not going to be redefined in the future?
3.a If we can't, we should have a plan how to handle such changes. Preferrably come up with a plan before creating the asset.
3.b If we can be sure, see question 1.

Stakeholder Proposals / Re: proposal to create bitXCD
« on: December 18, 2017, 05:48:06 pm »
MAXIMUM SUPPLY 100,000,000,000

I know that it's set to the same value for other smartcoins but is there any technical or practical reason to limit it to 100 billion? Can it be changed later?

The technical reason is that the total supply given as a multiple of the smallest possible unit should fit into an IEEE double floating point value, which has 52 bits of precision. With 4 decimals, 100bn is the largest power of 10 that fits into 52 bits.

IEEE double is the only native numeric type in some programming languages, most importantly JavaScript.

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