Author Topic: Proxy: xeroc  (Read 26821 times)

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Offline yury

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Re: Proxy: xeroc
« Reply #150 on: October 11, 2018, 01:19:34 pm »
Just to be totally clear, do I understand correctly that you evaluate risk of undercollateralization as very low?
I do believe undercollatarlization must be avoided at all costs!
But I also realize that
a) black swan isn't as bad as world armageddon, but in fact can be recovered through BSIP18 and
b) the risk of *OVER-ALL* undercollateralization is much smaller than the risk of an individual position going below 100% collateral.

Point b) is very crucial to understand and while I do not believe we should bail out individual short positions with too little collateral (but instead would rather penalize
them), I do see a fine line between risking the entire asset through global settlement just because of a single position being undercollateralized and temporarily tune
price feeds to potentially "hide" a few undercollateralized positions (that will have a margin call that can be filled!).

Again, to me, this is a short-term solution and I would prefer any undercollateralization to be *obvisous* and *transparent*, but we first need to fix the backend to provide us
with the necessary means to get there. In the mean time, plenty of discussion is being done to figure out the "how"

I've got your point, thanks a lot!
Yury Cherniawsky
OpenLedger

Offline Thom

Re: Proxy: xeroc
« Reply #151 on: October 11, 2018, 03:41:56 pm »
Just to be totally clear, do I understand correctly that you evaluate risk of undercollateralization as very low?
I do believe undercollatarlization must be avoided at all costs!
But I also realize that
a) black swan isn't as bad as world armageddon, but in fact can be recovered through BSIP18 and
b) the risk of *OVER-ALL* undercollateralization is much smaller than the risk of an individual position going below 100% collateral.

Point b) is very crucial to understand and while I do not believe we should bail out individual short positions with too little collateral (but instead would rather penalize
them), I do see a fine line between risking the entire asset through global settlement just because of a single position being undercollateralized and temporarily tune
price feeds to potentially "hide" a few undercollateralized positions (that will have a margin call that can be filled!).

Again, to me, this is a short-term solution and I would prefer any undercollateralization to be *obvisous* and *transparent*, but we first need to fix the backend to provide us
with the necessary means to get there. In the mean time, plenty of discussion is being done to figure out the "how"

So glad to see you make these points clear Fabian. I see collateralization is a crucial, bedrock principle that must be maintained. Lets not allow BitShares to become like Bitcoin, with its whitepaper principles ignored and the platform no longer useful for why it was created.

I'm not saying the platform shouldn't evolve, ofc it should nothing is ever perfect. I'm just saying its evolution should take place according to sound economic and individual freedom promoting principles (Austrian, not Keynesian, individuals not collectives) and not forget the lessons learned over the centuries and in particular the last 100 or so years of just how counter to individual freedom and prosperity centralized planning is.
Injustice anywhere is a threat to justice everywhere - MLK |  Verbaltech2 Witness Reports: https://bitsharestalk.org/index.php/topic,23902.0.html

Offline xeroc

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Re: Proxy: xeroc
« Reply #152 on: October 24, 2018, 12:02:20 pm »
FYI: I voted for BSIP 43 and BSIP 44. Both are nice additions to bitshares!
I also approved the smartcoin marketing compaign, mostly because the funds are held merely by committee and every transfer
needs to be discussed again. There is need to a budget that can be spent on marketing.
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Offline xeroc

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Re: Proxy: xeroc
« Reply #153 on: October 26, 2018, 08:11:07 am »
Since bitcrab has declared OMO as inactive in the committee channel, I have also removed my vote from OMO.
Everything left in the worker will be used to support existing call positions.
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Offline btspp

Re: Proxy: xeroc
« Reply #154 on: November 30, 2018, 05:00:01 am »
Hello xeroc
It is convenient to look at this proposal, we believe in terms of time cost and product integrity. This has certain advantages.
In addition, we would like to invite you to join the proposal account multi-sign management. I don't know if you are interested.
Proposal address: https://bitsharestalk.org/index.php?topic=27486.0
Email:[email protected]
Website:http://btspp.io
Witness:btspp-witness

Offline xeroc

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Re: Proxy: xeroc
« Reply #155 on: December 03, 2018, 12:14:00 pm »
Hello xeroc
It is convenient to look at this proposal, we believe in terms of time cost and product integrity. This has certain advantages.
In addition, we would like to invite you to join the proposal account multi-sign management. I don't know if you are interested.
Proposal address: https://bitsharestalk.org/index.php?topic=27486.0
Thank your for the offer! I much appreciate the trust you put in me.
The only issue that I am facing is time. I feel that I cannot perform the
amount of review that would be expected from me when being part
of this multisig group.
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Offline btspp

Re: Proxy: xeroc
« Reply #156 on: December 03, 2018, 12:34:29 pm »
Hello xeroc
It is convenient to look at this proposal, we believe in terms of time cost and product integrity. This has certain advantages.
In addition, we would like to invite you to join the proposal account multi-sign management. I don't know if you are interested.
Proposal address: https://bitsharestalk.org/index.php?topic=27486.0
Thank your for the offer! I much appreciate the trust you put in me.
The only issue that I am facing is time. I feel that I cannot perform the
amount of review that would be expected from me when being part
of this multisig group.

Very regrettable.
However, abit and jademont have already participated. I don't know if you can understand our worker proposal, we need you to vote for us.
thank you very much.
Email:[email protected]
Website:http://btspp.io
Witness:btspp-witness

Offline btspp

Re: Proxy: xeroc
« Reply #157 on: December 09, 2018, 12:41:39 pm »
Hello Fabian
I hope you can take a look at our work proposal. Address: https://bitsharestalk.org/index.php?topic=27486.0
I hope you vote for us. Thank you.
Email:[email protected]
Website:http://btspp.io
Witness:btspp-witness

Offline vianull

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Re: Proxy: xeroc
« Reply #158 on: December 11, 2018, 11:31:08 am »
Hello xeroc,

We would like to work on BTS data visualization. Currently, there is a discussion on it that has attracted a lot of attention from community. Here is a part of the discussion. Could you vote for our Worker(ID: 1.14.135)?

Data Visualization:Investigation, Design and Implement

We have published questionnaires using Chinese/English to collect community suggestions on data visualization :

Chinese version : BTS数据可视化需求调查
English version:  An Investigation for BTS Data Visualization Worker Proposal

In addition, in the Chinese community, a preliminary summary of the survey results has been made: BTS数据可视化
We are https://bts.ai  team
Please Vote for Us:  witness.hiblockchain
请投票支持比特股见证人: witness.hiblockchain

Offline xeroc

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Re: Proxy: xeroc
« Reply #159 on: December 12, 2018, 03:13:11 pm »
Hello Fabian
I hope you can take a look at our work proposal. Address: https://bitsharestalk.org/index.php?topic=27486.0
I hope you vote for us. Thank you.
Tested the app. Love it. Voted!
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Offline Cryptick1

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« Reply #160 on: December 16, 2018, 06:46:51 am »
Xeroc,
On behalf of the DEXbot Cabinet (Permie, Gabe, Kevin Messerly, CryptoKong, and Cryptick) we would like to ask for your support for the "DEXBot WP2 Liquidity for the DEX" Worker Proposal. We feel as though we have made great progress, and everyone at BitShares will benefit as continue that work, bringing greater liquidity and trading volume to the DEX.

The Proposal is live on the Blockchain.
https://www.dexbot.info/2018/12/12/cabinet-multisig-dexbot-wp2/

Cryptick

Offline xeroc

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Re: Proxy: xeroc
« Reply #161 on: December 17, 2018, 02:12:39 pm »
Xeroc,
On behalf of the DEXbot Cabinet (Permie, Gabe, Kevin Messerly, CryptoKong, and Cryptick) we would like to ask for your support for the "DEXBot WP2 Liquidity for the DEX" Worker Proposal. We feel as though we have made great progress, and everyone at BitShares will benefit as continue that work, bringing greater liquidity and trading volume to the DEX.

The Proposal is live on the Blockchain.
https://www.dexbot.info/2018/12/12/cabinet-multisig-dexbot-wp2/

Cryptick
I love the work and passion you've put into this .. support!
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Offline xeroc

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Re: Proxy: xeroc
« Reply #162 on: December 20, 2018, 08:16:30 am »
FYI, I have removed my votes from committee members that have (after 3 weeks) not replied to the proposed fee schedule changes. Pretty disappointing.
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Offline xeroc

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Re: Proxy: xeroc
« Reply #163 on: December 26, 2018, 01:57:43 pm »
I just removed my vote from witnesses xn-delegate, roelandp, and xman as they are feeding CNY prices that are more than 8% off.
gdex-witness promised to fix their feed script shortly.
I have also removed openledger-dc since they feed a USD price that is almost 20% off.

Also, I would like to let the community know that I will be most away from keyboard until January 6th.

See you all at 7th :D
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Offline Thul3

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Re: Proxy: xeroc
« Reply #164 on: December 26, 2018, 05:14:38 pm »
Wish you happy holidays
« Last Edit: December 26, 2018, 05:17:53 pm by Thul3 »