Author Topic: BTSwolf.com General Thread  (Read 3309 times)

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Offline btswolf

I will switch btswolf.com to english content very soon.

I also started a new project called "The Wolf of BitShares".
Please review the draft of my very first edition.
I`m going to publish it officially tomorrow.


http://www.btswolf.com/test

Offline btswolf


Offline bitacer

Slightly reworked BTS Basic Diagram
Let me know if you have valuable feedback.


May I have your permission to use it , I will be translating it. Thanks

Offline btswolf

Slightly reworked BTS Basic Diagram
Let me know if you have valuable feedback.
« Last Edit: December 29, 2015, 11:00:22 pm by btswolf »

Offline btswolf

added Google translate to btswolf.com

Offline carpet ride

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really appreciate your help.
So what about this one?
...

Requesting permission to use the image for a document am working on.

Regards
feel free to use it

Very nice.  Only one thought that stands out to me could be that marketers attract shareholders and also *users* maybe? not everyone will end up a shareholder necessarily.  Although any user is necessarily invested in the systemic success of the platform, so maybe every user is a shareholder by some token. Let me know your thoughts.
All opinions are my own. Anything said on this forum does not constitute an intent to create a legal obligation between myself and anyone else.
Check out my blog: http://CertainAssets.com
Buy the ticket, take the ride.

Offline btswolf

really appreciate your help.
So what about this one?
...

Requesting permission to use the image for a document am working on.

Regards
feel free to use it

Offline Xypher

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really appreciate your help.
So what about this one?


Requesting permission to use the image for a document am working on.

Regards

Offline roadscape

http://cryptofresh.com  |  witness: roadscape

Offline btswolf

really appreciate your help.
So what about this one?

Offline roadscape

Again, mostly accurate except for a few things:

 - Worker pay comes from reserve fund, not proposals
 - Shareholders do not vote for proposals, only committee members, although voters can vote out a committee member before or during the proposal review period to "override" their vote
 - Seems to confuse "worker proposals" and "change proposals"

Voters/proxy-voters vote on:
 - Committee
 - Witnesses
 - Workers

Committee can propose ANY transaction:
 - Change the fee schedule
 - Withdraw accumulated fees from MPA's
 - Pay me $1M from the reserve pool
 - Create a new MPA
 - Place market orders

Only the committee members can vote for these proposed transactions, but voters have "veto" power by being able to vote out a committee member before the end of the review period to nullify their vote.
http://cryptofresh.com  |  witness: roadscape

Offline btswolf

thx roadscape

What about this one?
« Last Edit: December 13, 2015, 05:32:41 pm by btswolf »

Offline roadscape

 - Committee *only* creates/authorizes proposed transactions (e.g. price changes, bitasset updates, etc)
 - Voters/proxies directly select witnesses, committee members, and worker proposals

So the diagram is close, but committee doesn't vote for witnesses, and "Worker Proposals" and "Change Proposals" are entirely separate things and should be shown as such.
http://cryptofresh.com  |  witness: roadscape

Offline btswolf

I'd like to know if this diagram is put together correctly or if something is wrong or missing.
Topic: BitShares "Positions" based on http://docs.bitshares.eu/bitshares/user/index.html#blockchain-positions

Offline btswolf

This thread is all about BTSwolf.com.