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smooth
@smooth
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2016-03-25 13:36
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smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Proposal isn't open yet, I'll make another post when it is ready. I wanted to get feedback before doing the actual proposal.
$ 0.197
1
4
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
If you wanted to simplify the core code, I sure as hell would not start with HBD. HBD is probably 1% at most of the complexity and code of the social content and social rewards functionality. One of the
$ 0.000
0
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Thank you and I'm not familiar with LEO but I would be in favor of moving content rewards to a second layer as well. To me that is the clear thing that should be moved out of core blockchain because it
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
You're right, the $1 figure quoted should be adjusted to the haircut if there is one. Whether there is a haircut and where it should apply is independent of this proposal. Good comments on HIGH and LOW.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Cross chain swaps are likely possible.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Seems entirely optional then. I guess not if you want to use the DAO but I know of at least one DAO recipient who always immediately converts the payouts. Seems good enough for those who don't want HBD.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Mature answer and attitude appreciated. Too many "just do this other thing instead" ideas being thrown out with no contribution of effort or resources to actually implement.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Seems like this mostly had or has to do with exchange wallets being offline.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Okay, in that case let's compete with him and send the profits back to the DAO instead.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
They don't, not all the time nor perfectly. It's all a work in progress.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I think sending back to the DAO is fine. If stakeholders want coins from the DAO burned, they can vote a burn proposal. As you say, it is essentially de-printed and out of circulation in any case. Sending
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Honestly I consider this as off topic and a distraction. HBD exists and there is no consensus among stakeholders to get rid of it. It is unlikely there will be such a consensus any time soon. I'm aware
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Not with the proposal I posted here, because supplying HBD from the DHF and then using it to buy HIVE, which is then returned to the DHF takes that HIVE out of circulation. That's what will happen if there
smooth
LeoFinance
6y
RE: Reverse-Conversions: Two Birds One Stone
I'm not sure the situation is the same as 2017. There was a big issue of the influence of Steemit (not witnesses or stakeholders) being in control of development and the monetization of the web site, and
smooth
LeoFinance
6y
RE: Reverse-Conversions: Two Birds One Stone
I've proposed a method to improve the upward pegging without the risks of reverse conversion. It isn't perfect but it should be better than the status quo and may turn out to be sufficient, or evolve into
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I'm aware. It is unfortunate that this has been the outcome, at least if it does turn out that he never returns it. In practice, this proposal will compete with hbdpotato in terms of the lower peg and
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I will consider supporting your proposals and also supporting other uses cases, but I don't want to tie the HBD stabilization proposal directly to it at this time. I believe the degree of trust necessary
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
How does it not? Do you see the graph at the top of the post? That's the last year more or less (I think since the Hive fork). It already mostly works, and can be improved. That's the point of this post.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
One problem with interest would be the potential overvaluation, so...
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I agree, that would be a better solution in multiple ways at some point, but we can start with this, essentially as a pilot.
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