Author Topic: [Witness proposal] btspp-witness(双语)  (Read 37359 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
    Recently, I have been studying the BTS problem, constantly looking through the forum posts, constantly thinking, thinking more and more clearly, gradually found that the BTS problem is not very big, in fact, it is very simple, but we lost ourselves.

Feeding price should answer how much BTS price is more reasonable, feeding price should actually be determined according to the demand of bitcny. The demand of bitcny determines the price of BTS, not the price of BTS determines the demand of BITCNY. If this relationship is straightened out, then the problem can be solved simply by determining the feeding price according to the market demand for bitcny.


In fact, the future market for bitcny is very big demand, so we just need to constantly adjust the BTS feeding according to demand. How to judge the demand for bitcny, the market will give us the answer, the drum charge rate, the exchange of bitcny trading prices can be referred to.

The problem is that the demand for bitcny is not effectively transmitted to the feed price. Our feed price only collects the price of the exchange. It is not that the exchange controls the feed price, but that we do not determine the reasonable feed price according to the demand of bitcny in time.



We just have to hold on to the market demand for smart money and let the market decide the price of BTS. Using the invisible hand, the charge rate, to dynamically adjust the feeding to improve anchoring accuracy, let 1 bitcny = 1 cny, and BTS succeeds.

最近一直在研究BTS的问题,不断翻看论坛的帖子,不断思考,思路越来越清晰,渐渐的发现BTS的问题不是很大,其实也很简单,只是我们迷失了自己。

      喂价应该回答BTS的价格是多少比较合理,喂价的高低实际上应该根据bitcny的需求确定。bitcny的需求决定了BTS的价格,而不是BTS 的价格决定BITCNY的需求。理顺了这个关系,那么问题就好办了,只要根据市场上bitcny的需求来确定喂价就行了。


       事实上,未来的市场对bitcny的需求很很大的,因此我们只要根据需求不断的调整BTS的喂价就行了。怎么判断bitcny的需求呢,市场会给我们答案,鼓鼓的充值费率,交易所里bitcny的交易价格都可以参考。
 
       目前的问题就是bitcny的需求没有有效的传递到喂价,我们的喂价仅仅采集了交易所的价格而已,不是交易所控制了喂价,而是我们没有根据bitcny的需求及时确定合理的喂价。
       


         我们只要紧紧抓住市场对智能货币的需求就可以了,做到让市场来决定BTS的价格。用充值费率这只无形的手来动态调整喂价促进锚定精度更加准确,让1bitcny=1cny,那么BTS就成功了。
 
Good thoughts here!

How do we derive a metric for 'demand' and how would that influence the price feed? You have a formula in mind?

Offline gghi

  • Hero Member
  • *****
  • Posts: 510
    • View Profile
  • BitShares: ttt888
    Recently, I have been studying the BTS problem, constantly looking through the forum posts, constantly thinking, thinking more and more clearly, gradually found that the BTS problem is not very big, in fact, it is very simple, but we lost ourselves.

Feeding price should answer how much BTS price is more reasonable, feeding price should actually be determined according to the demand of bitcny. The demand of bitcny determines the price of BTS, not the price of BTS determines the demand of BITCNY. If this relationship is straightened out, then the problem can be solved simply by determining the feeding price according to the market demand for bitcny.


In fact, the future market for bitcny is very big demand, so we just need to constantly adjust the BTS feeding according to demand. How to judge the demand for bitcny, the market will give us the answer, the drum charge rate, the exchange of bitcny trading prices can be referred to.

The problem is that the demand for bitcny is not effectively transmitted to the feed price. Our feed price only collects the price of the exchange. It is not that the exchange controls the feed price, but that we do not determine the reasonable feed price according to the demand of bitcny in time.



We just have to hold on to the market demand for smart money and let the market decide the price of BTS. Using the invisible hand, the charge rate, to dynamically adjust the feeding to improve anchoring accuracy, let 1 bitcny = 1 cny, and BTS succeeds.

最近一直在研究BTS的问题,不断翻看论坛的帖子,不断思考,思路越来越清晰,渐渐的发现BTS的问题不是很大,其实也很简单,只是我们迷失了自己。

      喂价应该回答BTS的价格是多少比较合理,喂价的高低实际上应该根据bitcny的需求确定。bitcny的需求决定了BTS的价格,而不是BTS 的价格决定BITCNY的需求。理顺了这个关系,那么问题就好办了,只要根据市场上bitcny的需求来确定喂价就行了。


       事实上,未来的市场对bitcny的需求很很大的,因此我们只要根据需求不断的调整BTS的喂价就行了。怎么判断bitcny的需求呢,市场会给我们答案,鼓鼓的充值费率,交易所里bitcny的交易价格都可以参考。
 
       目前的问题就是bitcny的需求没有有效的传递到喂价,我们的喂价仅仅采集了交易所的价格而已,不是交易所控制了喂价,而是我们没有根据bitcny的需求及时确定合理的喂价。
       


         我们只要紧紧抓住市场对智能货币的需求就可以了,做到让市场来决定BTS的价格。用充值费率这只无形的手来动态调整喂价促进锚定精度更加准确,让1bitcny=1cny,那么BTS就成功了。
   

Offline btspp

       目前的问题就是bitcny的需求没有有效的传递到喂价,我们的喂价仅仅采集了交易所的价格而已,不是交易所控制了喂价,而是我们没有根据bitcny的需求及时确定合理的喂价。喂价应该是反映出合理的BTS的价格,然而目前的喂价明显很低。


      The problem is that the demand for bitcny is not effectively transmitted to the feed price. Our feed price only collects the price of the exchange. It is not that the exchange controls the feed price, but that we do not determine the reasonable feed price according to the demand of bitcny in time. The price should reflect the reasonable price of BTS, but the current price is obviously low.
喂价模型确实有许多需要调整的地方,这个大家都在探索。/The feed model does have a lot of things to adjust, and everyone is exploring.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline gghi

  • Hero Member
  • *****
  • Posts: 510
    • View Profile
  • BitShares: ttt888
       目前的问题就是bitcny的需求没有有效的传递到喂价,我们的喂价仅仅采集了交易所的价格而已,不是交易所控制了喂价,而是我们没有根据bitcny的需求及时确定合理的喂价。喂价应该是反映出合理的BTS的价格,然而目前的喂价明显很低。


      The problem is that the demand for bitcny is not effectively transmitted to the feed price. Our feed price only collects the price of the exchange. It is not that the exchange controls the feed price, but that we do not determine the reasonable feed price according to the demand of bitcny in time. The price should reflect the reasonable price of BTS, but the current price is obviously low.

Offline btspp

Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline Bangzi

  • Sr. Member
  • ****
  • Posts: 321
    • View Profile
    • Steemit: Bangzi
  • BitShares: bangzi
Bitshares DEX - Over 1000 Coins, Buy, Sell, Transfer & List Any Coins |Free Signup Today: https://wallet.bitshares.org/?r=bangzi

Offline btspp

Looks good, not a single block missed.
Let's see how you do on main net.

Voted.

Thank you very much, we will do better.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Looks good, not a single block missed.
Let's see how you do on main net.

Voted.

Offline btspp

产品做出来,会投的,加油 ;D
谢谢,我们会尽快发布测试版本,敬请期待。/Thank you, we will release the test version as soon as possible.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline ymtt

  • Jr. Member
  • **
  • Posts: 27
    • View Profile
  • BitShares: ymtt1995
产品做出来,会投的,加油 ;D

Offline btspp

Thanks.
Voted for testnet witness.
Will vote for mainnet witness once you've proven yourselves.
Thank you. Please vote for us. Our mainnet is running the patchd branch.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline btspp

Please keep it English (if you want the non-chinese community to be involved)

For the future posts, yes please.
Thank you. Please vote for us.
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline btspp

Hello everyone.
Running the test witness for 2 weeks, our server has been running steadily, and we have lost 0 block. We also tested the hot-swap feature on the backup server. Our feeding program is also working fine.

Our website is online. Website: http://www.btspp.io/

Please vote for us: Witness: btspp-witness

We will work hard to do better. Thanks.
« Last Edit: September 01, 2018, 02:40:21 pm by btspp »
Email:contact@btsplusplus.com
Website:http://btspp.io
Witness:btspp-witness

Offline Digital Lucifer

  • Sr. Member
  • ****
  • Posts: 369
  • BitShares Maximalist & Venture Architect
    • View Profile
    • BitShares
  • BitShares: dls.cipher
  • GitHub: dls-cipher
Please keep it English (if you want the non-chinese community to be involved)

For the future posts, yes please.
Milos (DL) Preocanin
Owner and manager of bitshares.org
Move Institute, Non-profit organization
RN: 2098555000
Murska Sobota, Slovenia.

Offline sschiessl

  • Administrator
  • Hero Member
  • *****
  • Posts: 662
    • View Profile
  • BitShares: sschiessl
Please keep it English (if you want the non-chinese community to be involved)