Author Topic: BLOCKCHAINED - the graphene ambassador  (Read 7278 times)

0 Members and 1 Guest are viewing this topic.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Because to fix a bit.RUB we need a hardfork, and the last hardfork was 2 years ago

Could you please explain how/when/why did bitRUB break? Why do we need a hard fork in order to fix it?
In the early days of BitShares 2, we probably had a glitch in the feed scripts that published a price feed that was way of the actual values. The end result was that bitRUB black-swanned. No new bitRUB can be issued anymore right now and the existing bitRUB (probably just a few $ worth of RUB) are stuck. Only a hard fork can either revive the asset, or add functionalities that allow shareholders to revive it.

Offline paliboy

Because to fix a bit.RUB we need a hardfork, and the last hardfork was 2 years ago

Could you please explain how/when/why did bitRUB break? Why do we need a hard fork in order to fix it?

Offline Xanoxt

  • Committee member
  • Newbie
  • *
  • Posts: 14
  • Team RuDEX
    • View Profile
  • BitShares: xnxt
I don't have a problem supporting a price feed for Ruble, but I think national currencies should be voted in through the committee members. Mostly because any price manipulation (not that you would do that) would reflect on the credibility of DEX.

That is the reason why we want to have witnesses/committee members or any other trusted members of the community to be on the list of feed producers. That way we can be sure that it is much harder to manipulate price feeds, and the Ruble is much more robust as a SmartCoin.

Offline blockchained

Hey guys, in awaiting of hardfork and bitRUB we started our own MPA RUBLE.

So we have a proposal for witnesses out there

- You start a price feed on RUBLE (http://cryptofresh.com/a/RUBLE)
- You give me your witness nickname in PM
- We vote your witness through our proxy

just 6 places available now

I need a clarification. You want to use RUBLE until bitRUB starts and then discontinue or do you want to eventually have both?

When bitRUB will be fixed, we'll smoothly be migrating to it
Like 1:1 scheme trough our gateway
We need RUB now, this only one reason why we start the MPA

I don't have a problem supporting a price feed for Ruble, but I think national currencies should be voted in through the committee members. Mostly because any price manipulation (not that you would do that) would reflect on the credibility of DEX.

If committee will support the afford we'll glad to see them in the list of those who give a price-feed
For our gateway, we need this MPA  in awaiting of bit.RUB
Because to fix a bit.RUB we need a hardfork, and the last hardfork was 2 years ago
« Last Edit: April 15, 2017, 02:14:35 am by blockchained »

Offline sahkan

  • Sr. Member
  • ****
  • Posts: 247
    • View Profile
    • BitShares DEX
Hey guys, in awaiting of hardfork and bitRUB we started our own MPA RUBLE.

So we have a proposal for witnesses out there

- You start a price feed on RUBLE (http://cryptofresh.com/a/RUBLE)
- You give me your witness nickname in PM
- We vote your witness through our proxy

just 6 places available now

I need a clarification. You want to use RUBLE until bitRUB starts and then discontinue or do you want to eventually have both?

When bitRUB will be fixed, we'll smoothly be migrating to it
Like 1:1 scheme trough our gateway
We need RUB now, this only one reason why we start the MPA

I don't have a problem supporting a price feed for Ruble, but I think national currencies should be voted in through the committee members. Mostly because any price manipulation (not that you would do that) would reflect on the credibility of DEX.

Offline blockchained

Yeah, but all  parameters can be changed by 1 person, including feed.

http://cryptofresh.com/a/RUBLE

Minimum feeds:   3
« Last Edit: April 15, 2017, 12:55:43 am by blockchained »

Offline blockchained

Good! Wanted to trade rubles when it was plummeting, but bitRUB was screwed. Such an awesome shorting opportunity lost back then :( Now I can finally set my bot on it :)

You are very welcome :)

Offline blockchained

I'm in, my account: delegate.baozi
and btsprice have upgrade to support feature alias,
add this to config.json will support  RUBLE
"alias": {
    "RUBLE": "RUB"
},

and blockchained, you need to set the flag "witness feed asset" to on, so we can publish the price

Thanks for your support!

We chose an option to give price-feed by the list of 10 accounts that can do it
That's why I asking the nicknames of those witnesses who ready to give a price-feed
when the all 10 accounts will be reached we'll make changes in MPA and vote on those who participate 
« Last Edit: April 15, 2017, 12:58:18 am by blockchained »

Offline blockchained

Hey guys, in awaiting of hardfork and bitRUB we started our own MPA RUBLE.

So we have a proposal for witnesses out there

- You start a price feed on RUBLE (http://cryptofresh.com/a/RUBLE)
- You give me your witness nickname in PM
- We vote your witness through our proxy

just 6 places available now

I need a clarification. You want to use RUBLE until bitRUB starts and then discontinue or do you want to eventually have both?

When bitRUB will be fixed, we'll smoothly be migrating to it
Like 1:1 scheme trough our gateway
We need RUB now, this only one reason why we start the MPA

Offline nmywn

  • Sr. Member
  • ****
  • Posts: 266
    • View Profile
Yeah, but all  parameters can be changed by 1 person, including feed.

Offline yvv

  • Hero Member
  • *****
  • Posts: 1186
    • View Profile
Single account issuer isn't good approach to build trust.

It is not issued by a single account, it is a private MPA, no trust needed.

Offline nmywn

  • Sr. Member
  • ****
  • Posts: 266
    • View Profile
Single account issuer isn't good approach to build trust.

Offline sahkan

  • Sr. Member
  • ****
  • Posts: 247
    • View Profile
    • BitShares DEX
Hey guys, in awaiting of hardfork and bitRUB we started our own MPA RUBLE.

So we have a proposal for witnesses out there

- You start a price feed on RUBLE (http://cryptofresh.com/a/RUBLE)
- You give me your witness nickname in PM
- We vote your witness through our proxy

just 6 places available now

I need a clarification. You want to use RUBLE until bitRUB starts and then discontinue or do you want to eventually have both?

Offline yvv

  • Hero Member
  • *****
  • Posts: 1186
    • View Profile
Good! Wanted to trade rubles when it was plummeting, but bitRUB was screwed. Such an awesome shorting opportunity lost back then :( Now I can finally set my bot on it :)

Offline alt

  • Hero Member
  • *****
  • Posts: 2821
    • View Profile
  • BitShares: baozi
I'm in, my account: delegate.baozi
and btsprice have upgrade to support feature alias,
add this to config.json will support  RUBLE
"alias": {
    "RUBLE": "RUB"
},

and blockchained, you need to set the flag "witness feed asset" to on, so we can publish the price
« Last Edit: April 14, 2017, 03:21:26 pm by alt »