Author Topic: Proxy: bitcrab - make the ecosystem grow  (Read 2776 times)

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Offline Bangzi

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Re: Proxy: bitcrab - make the ecosystem grow
« Reply #30 on: May 07, 2018, 06:15:45 pm »
bangzi: wss://btsfullnode.bangzi.info/ws (Germany)
« Last Edit: May 07, 2018, 06:18:08 pm by Bangzi »
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Online bitcrab

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Re: Proxy: bitcrab - make the ecosystem grow
« Reply #31 on: August 10, 2018, 07:49:39 am »
in the recent past the CNY feeding from elmato is too low to be reasonable, unvote it temporarily.

BTS need some change on price feeding to protect the ecosystem from being attacked by shorters, suggest witnesses can feed price with the suggestion here as a reference.https://bitsharestalk.org/index.php?topic=26914.msg320692;topicseen#msg320692

« Last Edit: August 10, 2018, 07:53:19 am by bitcrab »

Offline xeroc

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Re: Proxy: bitcrab - make the ecosystem grow
« Reply #32 on: August 10, 2018, 10:53:32 am »
in the recent past the CNY feeding from elmato is too low to be reasonable, unvote it temporarily.

BTS need some change on price feeding to protect the ecosystem from being attacked by shorters, suggest witnesses can feed price with the suggestion here as a reference.https://bitsharestalk.org/index.php?topic=26914.msg320692;topicseen#msg320692



Given that the blockchain derives a *median* of all the price feeds available, a single feed that is below by 100% is as irrelevant as if it was below only 5%.
Unvoting is unecessary IMHO, but the feed should be fixed asap
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Offline paliboy

Re: Proxy: bitcrab - make the ecosystem grow
« Reply #33 on: August 10, 2018, 11:09:13 am »
mr.agsexplorer worries me more... is there any SLA how often should witnesses produce feed? 3 hours doesn't seem right for actively traded assets.

Offline xeroc

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Re: Proxy: bitcrab - make the ecosystem grow
« Reply #34 on: August 10, 2018, 12:09:24 pm »
mr.agsexplorer worries me more... is there any SLA how often should witnesses produce feed? 3 hours doesn't seem right for actively traded assets.
Most scripts don't actually push prices *frequently* but instead have an expiration of say 12h (the minimum frequency) and trigger republishing only if a certain percentage in price difference (From on-chain feed to locally derived feed) is reached. That reduces the burdon that is put onto the blockchain by feed operations and still is flexible.

No need to announce a price again and again if it doesn't change
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Offline paliboy

Re: Proxy: bitcrab - make the ecosystem grow
« Reply #35 on: August 10, 2018, 01:22:00 pm »
Thanks, it makes sense