Bytemaster - Reddit questions still pending - Nov 14

[bytemaster]

VOTE proof of concept is underway... it will only be a proof of concept.

Price feed is median of values provided by delegates.  Delegates each have their own approach.

User Issued Assets longer than 6 characters symbols are now ~$10 to register

[hpenvy]

BM, if you have a chance, here's the Reddit questions that are still pending from today's mumble.  Whatever questions you don't have time to address, I'll go ahead and move over to next week's Reddit. Thank you for your time.


1.

Topic: Bitcoin API - Toast
On November 8th, Toast posted "As soon as we make a basic bitcoin compatibility API (next week?) someone can clone https://coinpunk.com/".
Could you please explain more about this development?
https://bitsharestalk.org/index.php?topic=6951.msg146741#msg146741

2.

[–]jimewu 1 point 6 days ago
asked from here by sudo(https://bitsharestalk.org/index.php?topic=11064.msg146212#msg146212):
About the infrastructure of ID system: If the keyids are named keys in bts system, how to deal with if the keyid 'peter' and bts id 'peter' are held by 2 different guys?

3.

[–]jimewu 1 point 6 days ago
asked from here by sudo (https://bitsharestalk.org/index.php?topic=11064.msg146122#msg146122) What is the plan about assets inside BTS wallert (the original bitshares ME)? I suggest lowering fee for issue assets, collaborating with large forum to integrate bts asset as bonus points and enable trading. Then tens of thousands of active users can get familiar with bts system.

4.

Topic: BitAssets Properties
You mentioned a future rules with Bitassets:
"Symbols starting with bit will be banned"
"upper case will be enforced. "
"The GUI will COLOR CODE bit assets."
Could you please talk more about your vision of displaying/organizing the Bitassets?
https://bitsharestalk.org/index.php?topic=11310.msg149076#msg149076

5.

How do VOTE and DNS capabilities fit into the vision of "the future of banking"? What features that were being developed in these DACS will support this vision, and are there still features of VOTE and DNS that will sit outside of this vision?

6.

asked by Alt:
a few question about bts me: 1. Will we be able to change the manager of an asset? If yes, when? 2. Will we be able to issue an asset with multi-sig? If yes, when? 3. Can manager of an asset return transaction fees to asset owners as a delivery of profit? 4. Will we add a function to charge market maintance fee?
related links: https://bitsharestalk.org/index.php?topic=11316.0 https://bitsharestalk.org/index.php?topic=11317.0
thx

7.

asked by her0 How is the price feed calculated? Currently many delegates are using automatic price feeding tools, what are the potential reisks and how to prevent them? Now that delegates are paid for producing blocks, what is the corresponding reviewing mechanism (e.g., KPI) for them? If people teamed up to have a lot of shares in total, it could be wasy for them to vote for their 2nd acocunt into 101 delegates. If there is someone taking control of multiple 101 delegates and suddenly raise their feeding price, will this cause others to have 'insufficient' collaterals?
Since that BTS play would take snapshot and allocate shares to bts shareholders, how to deal with the price fall of bts and related effect to bitUSD market (i.e., insufficient collateral) after the snapshot?

8.

asked by 天籟
Currently shorts will due in a month. When shorts are due, if there are funds in their accounts, I think the system should better automatically try to use these funds to cover, and then use systemic buyback for those cannot be covered. Is the system currently acting like this or else?

9.

Since that Dec. is the deadline of Vote to demonstrate in front of officers of california, what's the progress of Vote?