Author Topic: Dry Run 9: [Block]Chain Hang Low (featuring guest performer: ~~BitUSD~~)  (Read 19793 times)

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Offline unimercio

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Funds please?

Account Key: XTS542XFkGR9Fvj4hdQZYivZeEEDQCHv3gqA7TUzPPG4eUJ3SSKpm

thx
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Offline bitcoinerS

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It seems delegate registration fees are changing quite randomly. It dropped down below 100,000 XTS and now back up to over 10 million..

Code: [Select]
>> blockchain_get_config

{
  "blockchain_id": "5a50ec8c2433e7d5fce13187be2db73d112dcdc6b3766751fbff6162e90836b0",
  "symbol": "XTS",
  "name": "BitShares XTS",
  "version": 107,
  "genesis_timestamp": "20140715T000000",
  "block_interval": 10,
  "target_block_size": 25600,
  "max_block_size": 51200,
  "max_blockchain_size": 107374182400,
  "address_prefix": "XTS",
  "min_block_fee": 1,
  "inactivity_fee_apr": 10,
  "delegate_num": 101,
  "delegate_reg_fee": "11,444,627.53767 XTS",
  "name_size_max": 63,
  "memo_size_max": 19,
  "data_size_max": 65536,
  "symbol_size_max": 5,
  "symbol_size_min": 3,
  "asset_reg_fee": "1,155,907,381.30560 XTS",
  "asset_shares_max": 1000000000000000,
  "proposal_vote_message_max": 1024,
  "max_pending_queue_size": 100,
  "max_trx_per_second": 10
}
>> blockchain_get_config

{
  "blockchain_id": "5a50ec8c2433e7d5fce13187be2db73d112dcdc6b3766751fbff6162e90836b0",
  "symbol": "XTS",
  "name": "BitShares XTS",
  "version": 107,
  "genesis_timestamp": "20140715T000000",
  "block_interval": 10,
  "target_block_size": 25600,
  "max_block_size": 51200,
  "max_blockchain_size": 107374182400,
  "address_prefix": "XTS",
  "min_block_fee": 1,
  "inactivity_fee_apr": 10,
  "delegate_num": 101,
  "delegate_reg_fee": "116,088.31803 XTS",
  "name_size_max": 63,
  "memo_size_max": 19,
  "data_size_max": 65536,
  "symbol_size_max": 5,
  "symbol_size_min": 3,
  "asset_reg_fee": "11,724,920.12160 XTS",
  "asset_shares_max": 1000000000000000,
  "proposal_vote_message_max": 1024,
  "max_pending_queue_size": 100,
  "max_trx_per_second": 10
}
>>> approve bitcoiners

Offline denkhaus

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please , can someone post some seed nodes? From my side the ports at 107.170.30.182 are not working.

Offline dxtr

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To create USD you can do a short sell of USD:

Code: [Select]
wallet_market_submit_short dxtr 10 1 USD
Here you short sell 1 USD expecting USD/XTS ratio go up than 10 (it means you have to pay more for the same amount of XTS => USD is weaker, so short sell was a good idea), however it creates a Margin Call order, that triggers automatically if price of USD/XTS goes under 6.(6) XTS - this means USD got stronger than XTS from previous moment, and you can buy the same amount of XTS for less USD (not what we expected).
Help me out:     wallet_approve_delegate mr.scroodge true

Offline vikram

Also, Bitcoin wallet import has been fixed, and should work with Bitcoin Core, BitShares PTS, Armory, Electrum, and Multibit formats. Please test.

Offline vikram

Everyone please be mindful that wallet_account_balance always returns the correct value and report it if not. Someone in the last dry run reported a problem with it: https://bitsharestalk.org/index.php?topic=5523.msg74085#msg74085

Offline bytemaster

Something needs to be done about delegate registration fees.

Code: [Select]
2014-07-15T18:16:37 544       bitcoiners          bitcoiners          0.00000 XTS           856,060.89468 XTS   register bitcoiners as a delegate       92fe4244

The registration fees are doing their job of rate-limiting delegate signup.   They are currently 4 million, and in an hour will be under 60K if no one else signs up and pays the huge price.    In 2 hours it will be under 6000 (assuming few fees are collected during that time).

so that means only the BitSharesX whales will have the oportumity to be the first delegates, and I assume the last ones as well...

Ridiculous.   Even at todays BTSX prices on BTER the current signup fee is only $1800 and falling.   That is hardly whale level.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline bitcoinerS

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>>> approve bitcoiners

Offline bitcoinerS

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Error updating email for account using web_wallet

Code: [Select]
RPC Server Error: In method 'wallet_account_update_registration': 20028 invalid_pay_rate: invalid pay rate
>>> approve bitcoiners

Offline liondani

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Some funds please  :)

XTS7yMLAdUFEDdEjuyy75NncKP6N4LDf3SRrdxQEFa4nZLyVaHWaE

Offline bitcoinerS

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Something needs to be done about delegate registration fees.

Code: [Select]
2014-07-15T18:16:37 544       bitcoiners          bitcoiners          0.00000 XTS           856,060.89468 XTS   register bitcoiners as a delegate       92fe4244

The registration fees are doing their job of rate-limiting delegate signup.   They are currently 4 million, and in an hour will be under 60K if no one else signs up and pays the huge price.    In 2 hours it will be under 6000 (assuming few fees are collected during that time).

I am confused. How is one to know when sign up fee is going to be "optimal"? How long should one wait before registering to get "best" price?
>>> approve bitcoiners

Offline Harvey

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It seems that my node can not sync with the network.

Code: [Select]
harvey (unlocked) >>> wallet_list_my_accounts
NAME (* delegate)                  KEY                                                             REGISTERED            FAVORITE       APPROVED       BLOCK PRODUCTION ENABLED
harvey-xts                         XTS6bp1riWPpUr3v4VGbKRambXQU3JypHwncVryGjFoVouCT6oT8z           NO                    NO             0              N/A
longclaw *                         XTS5BxLgYL7czZJ2nH5HEbGyXcGuRQyAqRvxgYjmuASuVaSBgqhst           2014-07-15T17:25:30   NO             1              YES
raven *                            XTS8dUTpfgjUae3jDJcUrJXUxzYnt51pQRLXfJn7uPeCV8QuVh8rY           2014-07-15T17:32:50   NO             1              YES
harvey (unlocked) >>> getinfo
{
  "blockchain_head_block_num": 801,
  "blockchain_head_block_age": "6 minutes old",
  "blockchain_head_block_timestamp": "20140715T185940",
  "blockchain_average_delegate_participation": 73.722627737226276,
  "blockchain_delegate_pay_rate": 71475283,
  "blockchain_blocks_left_in_round": 7,
  "blockchain_confirmation_requirement": 1,
  "blockchain_share_supply": 199992780978243,
  "blockchain_random_seed": "9e7efcd2b987d48cb3cb3a29f4e3960b7519e789",
  "blockchain_database_version": 114,
  "blockchain_version": 107,
  "network_num_connections": 10,
  "network_num_connections_max": 200,
  "network_protocol_version": 104,
  "ntp_time": null,
  "ntp_error": null,
  "wallet_open": true,
  "wallet_unlocked": true,
  "wallet_unlocked_until": "3 years 2 months in the future",
  "wallet_unlocked_until_timestamp": "20170915T045019",
  "wallet_block_production_enabled": true,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null,
  "wallet_version": 100
}


after I wipe the ~/.BitsharesXTS, it will catch the latest block and stuck again:


Code: [Select]
(wallet closed) >>> getinfo
{
  "blockchain_head_block_num": 850,
  "blockchain_head_block_age": "3 minutes old",
  "blockchain_head_block_timestamp": "20140715T190800",
  "blockchain_average_delegate_participation": 84.87394957983193,
  "blockchain_delegate_pay_rate": 43895392,
  "blockchain_blocks_left_in_round": 59,
  "blockchain_confirmation_requirement": 1,
  "blockchain_share_supply": 199995566547318,
  "blockchain_random_seed": "233b6dc83c73f21c677298759b90a4db9a177bcf",
  "blockchain_database_version": 114,
  "blockchain_version": 107,
  "network_num_connections": 9,
  "network_num_connections_max": 200,
  "network_protocol_version": 104,
  "ntp_time": null,
  "ntp_error": null,
  "wallet_open": false,
  "wallet_unlocked": null,
  "wallet_unlocked_until": null,
  "wallet_unlocked_until_timestamp": null,
  "wallet_block_production_enabled": null,
  "wallet_next_block_production_time": null,
  "wallet_next_block_production_timestamp": null,
  "wallet_version": 100
}
« Last Edit: July 15, 2014, 07:13:03 pm by Harvey »
BTS       Witness:harvey-xts Seed:128.199.143.47:2015 API:wss://128.199.143.47:2016 
MUSE   Witness:harvey-xts Seed:128.199.143.47:2017 API:ws://128.199.143.47:2018

Offline dxtr

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This is how you get $$$ (currently no one selling, I bought all 11)

Code: [Select]
wallet_market_submit_ask dxtr 100 XTS 10 USD
In above you sell 100XTS from dxtr account to anyone willing to buy it at 10$/piece.
« Last Edit: July 15, 2014, 07:00:36 pm by dxtr »
Help me out:     wallet_approve_delegate mr.scroodge true

Offline liondani

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Something needs to be done about delegate registration fees.

Code: [Select]
2014-07-15T18:16:37 544       bitcoiners          bitcoiners          0.00000 XTS           856,060.89468 XTS   register bitcoiners as a delegate       92fe4244

The registration fees are doing their job of rate-limiting delegate signup.   They are currently 4 million, and in an hour will be under 60K if no one else signs up and pays the huge price.    In 2 hours it will be under 6000 (assuming few fees are collected during that time).

so that means only the BitSharesX whales will have the oportumity to be the first delegates, and I assume the last ones as well...

Offline bytemaster

Which command will allow me to get some USD with my XTS ?

Working on a how to... posting shortly.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.