!!! Stupid Questions Thread !!!

[profitofthegods]

On the short screen there is a field for 'interest and I can't work out what its all about - does the person shorting pay interest to the bitasset holder? If so when is it paid? Is it paid in bts or added to your bitasset debt?

Shorters compete to be first in line to have their shorted asset bought by the amount of interest they are offering (highest offered interest rate get purchased first). The interest goes in to a pool and is distributed to all holders of that asset when they make a transaction. Until they "move" their asset, the amount of "interest" they are earning shows up in the "Expected Yield" column of their account.

At least that's how I understand it.

Thanks, when does the interest go into a pool (daily, weekly, monthly?) and is it payable in BTS or the Asset?

[onceuponatime]

On the short screen there is a field for 'interest and I can't work out what its all about - does the person shorting pay interest to the bitasset holder? If so when is it paid? Is it paid in bts or added to your bitasset debt?

Shorters compete to be first in line to have their shorted asset bought by the amount of interest they are offering (highest offered interest rate get purchased first). The interest goes in to a pool and is distributed to all holders of that asset when they make a transaction. Until they "move" their asset, the amount of "interest" they are earning shows up in the "Expected Yield" column of their account.

At least that's how I understand it.

[profitofthegods]

On the short screen there is a field for 'interest and I can't work out what its all about - does the person shorting pay interest to the bitasset holder? If so when is it paid? Is it paid in bts or added to your bitasset debt?

[islandking]

is there a site with info on the number of transactions per second, total in transaction fees, estimated volume in transactions, etc? Or some of this info just isn't possible because of the TITAN feature? I cant see this on bitsharesblocks

It's on http://bitsharesblocks.com Just go to the "charts" tab and click "general" and for the fees click "supply and fees"

[Akado]

is there a site with info on the number of transactions per second, total in transaction fees, estimated volume in transactions, etc? Or some of this info just isn't possible because of the TITAN feature? I cant see this on bitsharesblocks

[mf-tzo]

In the GUI I have done the "wallet check sharedrop". I see some balances. How can I calculate the amount of BTS that I will receive? With what number do I divide the appearing numbers? Is the result the remaining BTS balances yet to be received from VOTE,DNS,PLAY,MUSIC,PTS,AGS?

Thanks!

[santaclause102]

Just to be sure I understand it, DPOS solves the 'nothing at stake' problem because any delegate who signs blocks on two different forks is automatically fired on the "main fork" according to the concensus. Is that correct?

That solves the short term NAS problem. Although there is no automatic firing atm it could be implemented. ATM delegates are fired by unvoting them...
For the long term NAS it comes down to: Checkpoints can prevent this entirely and if you trust the software anyway you and also trust a checkpoint even more so if we can let checkpoints sign by the majority of delegates.

[speedy]

Just to be sure I understand it, DPOS solves the 'nothing at stake' problem because any delegate who signs blocks on two different forks is automatically fired on the "main fork" according to the concensus. Is that correct?

[carpet ride]

I am a complete newbie to crypto-currency. But something called me to Bitshares.

Now, I have the client and I understand the idea. But I have no clue how to fund my account.

I am Canadian. So how do I fund my wallet?

where did you first hear of BTS?

[clayop]

Where can I find translation file of Bitshares wallet?

Thanks in advance 

https://github.com/BitShares/web_wallet/blob/master/app/static/locale-en.json

It works the same way as the translation file you did for me: copy the english file then replace all the words on the right and resave the file as "locale-ko.json". Make sure to use UTF encoding.

Thanks!

[svk]

Where can I find translation file of Bitshares wallet?

Thanks in advance 

https://github.com/BitShares/web_wallet/blob/master/app/static/locale-en.json

It works the same way as the translation file you did for me: copy the english file then replace all the words on the right and resave the file as "locale-ko.json". Make sure to use UTF encoding.

[clayop]

Where can I find translation file of Bitshares wallet?

Thanks in advance 

[merockstar]

I am a complete newbie to crypto-currency. But something called me to Bitshares.

Now, I have the client and I understand the idea. But I have no clue how to fund my account.

I am Canadian. So how do I fund my wallet?

hey there. wiki.bitshares.org is a great place to start. its a lot to take in, i know.

basically it goes set up wallet on secure machine. get some bitshares from the faucet or from somebody here, use it to register a name. buy some. store it. trade with it.

[rgcrypto]

I am a complete newbie to crypto-currency. But something called me to Bitshares.

Now, I have the client and I understand the idea. But I have no clue how to fund my account.

I am Canadian. So how do I fund my wallet?

[pc]

Suppose (for simplicity) there is an ask offer on the market 10 bitUSD @ 0.5 BTS/bitUSD and a bid for 5 bitUSD @ 1 BTS/bitUSD.
The market can choose:
1. take the 10 bitUSD from the ask, use 5 bitUSD to fill the bid, take the 5*1 BTS from the bid and pay the ask 10*0.5 BTS, keep the remaining 5 bitUSD for yield.
2. take 5 bitUSD from the ask, use these to fill the bid, take 5*1 BTS from the bid, pay the ask 5*0.5 BTS and destroy the remaining 2.5 BTS as dividends.
3. Anything in between.