Main > Stakeholder Proposals

Alfredo Garcia - Bitshares core developer - 1.14.75

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oxarbitrage:
For stakeholder info. With the supplemental worker me and the escrow group were able to cover all the debt and burn back to the chain 42,585 BTS. This was done 2018-07-27.
Operation can be seen at http://open-explorer.io/#/operations/1.11.350044913

and worker account full details: http://open-explorer.io/#/accounts/alfredo-worker

xeroc:
voted

clockwork:
voted supplemental worker..obviously :)

oxarbitrage:
As it was expected the price of BTS remained low the whole period so i had no option to submit a supplement worker to get the funds needed to pay the debt.

The details of this are here: https://github.com/oxarbitrage/worker-proposals/blob/master/supplement.md

Worker id is: 1.14.110 and it is now available for voting.

Please let me know any question, it is important this to be approved, get the payments done and burn the rest the most quickly as possible to don't interfere with  other worker and to don't speculate on the price further. This is why the worker is short duration(5 days) and asking 20,000 BTS per day(for a total of 100,000 BTS) that should be enough to cover everything.

I am moving into the bitshares-core team worker as in different talks with several community members i concluded it will be the best path to take.

I want to thank all the stakeholders, proxies, community in general that always supported me, i will make a new post with some closing notes after all this gets solved.

Thanks again.

oxarbitrage:
Hello stakeholders, it had been a while since my last update in my worker thread, i have a few announcements that i will like to share.

As noticed i stopped to update the thread bi weekly with work done. The reason for this is that making the report takes too much time to collect the info, it can be easily obtained by following my github account, telegram channel or msg me or others directly. With the new bitshares-core worker proposal @fox is updating the community more professionally than what i can do. In short, spend for example a morning creating a report with github links dont have much value as invest that time working on an issue, a document, helping someone, etc and i think the community will prefer that too. Please anyone with an objection to that let me know, i will be happy to assist on how the info can be obtained.

Next, this worker was created when price of BTS was at the top of 0.8 against the dollar. Worker haves protection of 2.5 multiplier so with BTS at around 0.35 worker is fine to cover the monthly payment. As the reader may know, this is pretty far to be the case in the last time so worker i having problems to pay. Some payments were made but it is pretty much behind.

Thanks to the bitshares-core proposal and my contributions of a few hours in there i am getting some additional USD, plus some money i had from before i can say i am fine in this moment. I am not in a rush to get paid. So what i will prefer to do is to wait some more and don't buy USD now and speculate with saving some money to the blockchain with a higher BTS price.

It is very probable that this worker is going to need a helper worker proposal to pay the debt, however the plan will be to keep the BTS now looking for an increase in price to pay a good part of the debt or, at the end, just buy the USD we can and add the helper worker.

Idea is to avoid the helper worker completely or make it the smallest possible. I asked the worker escrow group and they agree. As a reminder, the escrow group for this worker is: @xeroc, @svk, @fox, @elmato and @valentin.

Please any suggestion/objection against this plan of action let me know.

Finally, when the worker expires my idea is to keep working in bitshares. I have the option to be part of the bitshares-core team or propose a new worker. Not fully decided yet, idea is to try to continue for the same money without being a charge to the bitshares-core proposal. The best and easier for all is what i will be seeking. Will update on that, there is still time, current worker expires 22 of July.

Thank you for reading.

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