At this moment we are facing an issue with the MAX supply of some of the assets created in the Bitshares blockchain.
This issue occurred due to the precision of the assets. We have created the assets with the precision of 8 decimals, and with this precision the max supply allowed is only 10M coins. Well, this represents an issue for assets with large MAX supplies.
This problem would not affect the community in the short run, but it’s better for the community to address the issue now, while we are still launching, than later, when the community is bigger and we need to hassle thousands of users with platform issues.
So, after careful consideration we will edit more assets than we probably need to make just that this issue will never happen again.
We hope you guys agree with our decision.
First of all we want to guarantee that this issue, and the solution, will NOT affect the users funds and nothing will be lost.
Bitshares does not allow to change the precision of an asset after creation, and we need to change the asset precision ir order to increase the max supply of the UIA asset in BitShares Blockchain.
It works like this:
Scenario A:
** Assets affected by scenario A:**
Scenario B:
Assets without funds from users:
Assets affected by scenario B:
Assets not affected:
We are working around the clock to have this fixed as soon as possible. It’s our top priority at the moment.
We will let you know when the issue is solved and everything is up and running again.
Thank you for understanding.
Regards
DynX
100% transparency policy.
