Quote from: Rune on December 02, 2014, 09:22:19 PM

Quote from: Riverhead on December 02, 2014, 09:05:35 PM
Do we have an official word on if #4 applies to MARKET assets (bitUSD, etc.)?

It doesn't. /official

Link?

Quote from: Riverhead on December 02, 2014, 09:05:35 PM
Do we have an official word on if #4 applies to MARKET assets (bitUSD, etc.)?

It doesn't. /official

Do we have an official word on if #4 applies to MARKET assets (bitUSD, etc.)?

Quote from: nomoreheroes7 on December 02, 2014, 07:55:34 PM

Quote from: matt608 on December 02, 2014, 07:49:20 PM
For a minute there I thought you meant 500k USD lol. 

Details of the exact fees would be good.

...soon to cost a whole lot more than 500k USD... :D

From your lips to God's ears!

Quote from: matt608 on December 02, 2014, 07:49:20 PM
For a minute there I thought you meant 500k USD lol. 

Details of the exact fees would be good.

...soon to cost a whole lot more than 500k USD... :D

Quote from: Rune on December 02, 2014, 07:45:58 PM

Quote from: matt608 on December 02, 2014, 07:42:24 PM
Is there a place with all the information about user issued assets?  I'll need the info for part 2 of an article series I'm writing.   How much does it cost to issue an asset?  Did alts idea of a 'maintain fee' go ahead? The wiki page is completely empty:
http://wiki.bitshares.org/index.php/BitShares/UserAssets

I think price is something like 500 for 6-8 character asset names and 500k for 3-5 characters

For a minute there I thought you meant 500k USD lol. 

Details of the exact fees would be good.   

Quote from: matt608 on December 02, 2014, 07:42:24 PM
Is there a place with all the information about user issued assets?  I'll need the info for part 2 of an article series I'm writing.   How much does it cost to issue an asset?  Did alts idea of a 'maintain fee' go ahead? The wiki page is completely empty:
http://wiki.bitshares.org/index.php/BitShares/UserAssets

I think price is something like 500 for 6-8 character asset names and 500k for 3-5 characters

Is there a place with all the information about user issued assets?  I'll need the info for part 2 of an article series I'm writing.   How much does it cost to issue an asset?  Did alts idea of a 'maintain fee' go ahead? The wiki page is completely empty:
http://wiki.bitshares.org/index.php/BitShares/UserAssets

Quote from: bytemaster on December 01, 2014, 10:45:44 PM
1) You can now specify a required transaction fee (payable in user issued asset) once per transaction that withdraws that asset type.
2) You can now have multi-sig issuers/control over an asset
3) You can now have child asset symbols like child accounts to facilitate trust in a common issuer of related assets.
4) Issuers can now optionally retain complete control over all balances in their asset. (Freeze accounts, etc) Needed for legal compliance.
5) Issuers can now optionally white list public keys that may own/trade the issued asset.

With these powers Gateways can comply with all regulations just like with Ripple.  Companies can issue shares while remaining in full compliance with the law.

i am curious. if i create a 500.000 BTS asset how much will a child asset cost?
- how will the naming function? like BTS - child would be BTS.child or BTS-child ?

Quote from: joele on December 02, 2014, 10:51:57 AM

Quote from: kokojie on December 02, 2014, 04:18:21 AM
Can Issuer pay dividends yet?

+5% Mass payment module.

This would be very expensive to implement a primitive for.   You can send out 1000 transactions or use a "send many" to group them into manageable sizes.   Having an operation do that would be too expensive. 

 +5% +5%

Quote from: kokojie on December 02, 2014, 04:18:21 AM
Can Issuer pay dividends yet?

+5% Mass payment module.

Quote from: bytemaster on December 01, 2014, 11:24:41 PM
Assets can become less restrictive but not more restrictive.

Traceability is required for compliance with SEC for issuing shares in companies and KYC for depositors.    Laws vary by state/country/etc but with what we have implemented the issuer/users has freedom to comply as little or as much as they want.

This is HUGE!!
+5% +5%

I have thought some about  4) and 5),
I haven't  view the source and I still don't how do you implement it,
but I think  white list maybe not so easy, because the list can be very large
I think it's more reasonable  to implement this with sub account.
some agent company can offer a service  for identity authentication service,  like:
register account,  rescue private key, freeze account, offer some information to government....
all these sub account have the same root account, both customer and the agent company owner the private key.

the asset creater only need to set which root account can be trust.
they don't need to save the customer's information, they don't need to  make deal with government directly,
they don't need to handle the customer's identity service.

Quote from: bytemaster on December 01, 2014, 10:45:44 PM
1) You can now specify a required transaction fee (payable in user issued asset) once per transaction that withdraws that asset type.
2) You can now have multi-sig issuers/control over an asset
3) You can now have child asset symbols like child accounts to facilitate trust in a common issuer of related assets.
4) Issuers can now optionally retain complete control over all balances in their asset. (Freeze accounts, etc) Needed for legal compliance.
5) Issuers can now optionally white list public keys that may own/trade the issued asset.

With these powers Gateways can comply with all regulations just like with Ripple.  Companies can issue shares while remaining in full compliance with the law.

Quote from: Riverhead on December 02, 2014, 05:02:51 AM

Quote
4) Issuers can now optionally retain complete control over all balances in their asset. (Freeze accounts, etc) Needed for legal compliance.

Can you give us a comfort level that this won't apply to bitUSD, bitGOLD, or bitSILVER?

This would be a new hard forking change that I don't think any of the devs want to implement, and if they did implement it I suspect the branch without it would be the one that was actually populated.