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smooth

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2016-03-25 13:36

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smooth

4y

RE: Luna stablecoin 0,94$

billion-dollar know-how Billion dollar funding does not necessarily translate into billion dollar know-how. We'll see what happens there. See counterexample here BTW, I think Terra has vaguely similar

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smooth

4y

RE: HBD stabilizer proposal

As noted in the post the lower peg was always supported by the ability of anyone to convert HBD into HIVE (reducing supply and supporting demand for undervalued HBD). However, this was also added to the

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smooth

4y

RE: One-Block Irreversibility for Delegated Proof-Of-Stake (DPOS)

I wasn't necessarily viewing it as "bad" unless it is defined that way, which wasn't clear to me. The comment about changing votes many times suggested it might be considered as legitimate behavior,

smooth

4y

RE: One-Block Irreversibility for Delegated Proof-Of-Stake (DPOS)

If witnesses are changing their votes then yes you can get two different irreversible head blocks. I would suggest that witnesses not ever change their votes. Of course, you can't literally prevent it,

smooth

4y

RE: One-Block Irreversibility for Delegated Proof-Of-Stake (DPOS)

We can estimate the overhead somewhat by observing that the signatures are going to be maybe 100 bytes roughly, so 2k bytes for all of them. Blocks are currently limited to 64k so this is around 3%. If

smooth

4y

RE: Is The HBD Stabilizer Frontrunning Everyone Else For HIVE to HBD Conversions?

They would need some way of coordinating signing the transactions but that's not terribly difficult, could be through a shared cloud database or such. Any competent developer could build it easily. Another

smooth

4y

RE: Why Aren't Alternative Interfaces for Internal Market on Hive?

Yes some witnesses operate public nodes but also anyone can operate their own node. You can download the code from It is fully decentralized.

smooth

4y

RE: Is The HBD Stabilizer Frontrunning Everyone Else For HIVE to HBD Conversions?

but it has also introduced a reliance on a single-person-controlled feature It's not really. Anyone else can make the same proposal. Or a consortium using a multisig account.

smooth

4y

RE: HBD Interest Payouts For April 2022

Last interest payment on that account was in February. Needs to perform some savings transaction to get paid out, so it is still accruing. Savings hbd last interest payment 2022-02-04 13:46:00

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

Interest isn't included until paid out/claimed. On the other hand, post rewards are included in supply when paid out, before being claimed.

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

Others would be: Market making on the internal market or on other HBD exchanges. You can use it to create DHF proposals (burn) and if you're operating a DHF proposal you get paid in it and can use it to

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

It's a combination. The people who are aware of it aren't interested in investing much more than they already are for yield and many more aren't aware.

smooth

4y

RE: Is The HBD Stabilizer Frontrunning Everyone Else For HIVE to HBD Conversions?

I think at some point you have to recognize that the original design had weaknesses (which we have done repeatedly) and that includes the "always convertable to $1" thing. The result of the original

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

So that is a future use case for HBD This is important. Since HBD is pegged, you can't really speculate on future usage (except by buying HIVE!). All you get while holding is the 20% interest. So people

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

20% is enough to be attractive for anyone looking to earn yield. It's more than you can get just about anywhere else. If people aren't buying it, that's because they aren't that interested in yield (or

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

You get HIVE returned after 3.5 days. The amount depends on the HBD you received and the average (median) price of HIVE over the next 3.5 days. So if you received 20 HBD, deposited 50 HIVE, and the average

smooth

4y

RE: HBD, Arbitrage, And The Internal Exchange

When a trade takes place on the exchange, the amount HIVE nor HBD is changed Something messed up about this sentence. Maybe the word neither missing?

smooth

4y

RE: Doing some Maths

Then again I guess all capitalistic models rely on these razor thin margins paying off eventually They don't though. Facebook revenue is about $50 per user. Twitter is just a shitty business.

smooth

4y

RE: Is The HBD Stabilizer Frontrunning Everyone Else For HIVE to HBD Conversions?

Anyone can. You need to make a proposal that is persuasive to the stakeholders. Donating the funding, potentially with profit, is reasonably persuasive.

smooth

4y

RE: Is The HBD Stabilizer Frontrunning Everyone Else For HIVE to HBD Conversions?

The end game will be to much debt, debt limit reached and hbd worth less, meanining it cant last long. Also not sure will any fee save us from this scenario It will if it deters it from happening in the

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