Please limit this discussion to items of significance, all the speculation and less relevant discussion makes this thread more difficult to follow.
To the Dev/s:
The following counterpartyd protocol/CLI issues should be resolved:
1) Paying a 0.0001 BTC fee can wipe order -
FIX:
a) XCP for BTC offer should include an option/variable to limit block period for a matching order lock (lockperiod) and a failure to BTCpay in such time period should reinstate the temporarily locked offer (instead of canceling as it currently does)
2) "counterpartyd address" doesn't show btc balance (and no BTCSend support outside of BTCPay)
a) Fix: show unspent BTC at address on address pull
b) Improve: Allow counterpartyd BTCsend fromaddress toaddress BTC fee(optional/can use default)
c) Improve: Allow BTCSend and XCP at same time to an address
d) BONUS: Allow BTCSend to ASSET which divides the BTC among all asset holders similar to how XCP dividend should be distribued
3) Escrowed/Multisig Bitdust is unspendable in counterpartyd.
a) fix: allow spending such dust natively in counterpartyd
4) MINOR: market display updates.
a) Reorganize market CLI to display Feeds, then Bets, then Open Orders with BTC/XCP & XCP/BTC orders and Order matches awaiting BTCpay LAST in chart.
b) Update sorting open orders by asset exchange type first (XCP/BTC, etc.), then ratio second (subsorting inside the different types). i.e. force XCP/BTC BTC/XCP last in chart for easier viewing.
c) allow market to only update AFTER a block is processed by server.
5) Regarding Major Program/Protocol revisions: Please don't change significant aspects of the protocol (such as asset fees) without consulting stakeholders.
Specifically In Re: Asset creation fees: Where does this new fee go? Ideally it would be either extinguished (to the burn address) or distributed among all XCP stakeholders, with fractional change (0.00000001 each) distributed in this order:
a) the last 10000 blocks or so of XCP addresses to list XCP orders/escrowing XCP, b) The last 10000 blocks XCP addresses to buy XCP with BTCpay, c) The last XCP addresses to receive XCP in order (this should be plenty and include all XCP addresses that have ever been used including burns.
Sidenote: PLEASE TEST/AUDIT ALL CHANGES THOROUGHLY ON TESTNET BEFORE IMPLEMENTING to MASTER!
To Blockscan:
BlockScan update: DEX MATCHED PRICE should Read: BTC/XCP (not XCP/BTC) and would be useful to see inverted price as well (XCP/BTC), but that would make 3 rates with USD value. Also, I'd recommend changing @ to = and adding units for XCP. So, our recommendation format would read:
Last DEX Trade: 0.005 BTC/XCP (200 XCP/BTC) = $4.025/XCP
ONLY trades that have received BTCpay should be included, but it's not so important for now.
Crossposted to my own thread:
We issued 100 MPTSTOCK to represent 100% of profits and put it all up for sale at a market cap we feel is accurate for the company. Pricing of MPTSTOCK will be at the discretion of whoever buys/sells such asset.
The protocol uses 10000000000 to represent 100 of an asset but blockscan doesn't properly show that, so it should read 100.00000000 instead of 10000000000. Also blockscan is currently having some trouble with assets.
We did not issue any other assets yet (such as MPSTOCK) but we do have plans to issue other assets in the future.
We attempted to issue 100 AAAMPTSTOCK initially before realizing the "A" truncation issue in the protocol. We will recall the 100 AAAMPTSTOCK or distribute it evenly among MPTSTOCK holders when possible before the first profit distribution to ensure each MPTSTOCK purchased represents 1% of profits ad infinitum.
We are keeping a ledger of all future profits (XCP/BTC, etc. starting 2/1/2013) made through operation of moneypaktrader.com and will distribute profits to MPTSTOCK holders (XCP first and BTC also if/when the counterpartyd client allows sendBTC as described below). Significant stakeholders may review the ledger or request other involvement.
Profits will be distributed at least once a month so the first distribution will be before March.
We have enabled a simple DEX trading option/platform to expand people's options and hopefully gain that market share (of allowing non-technical bitcoin holders to invest in or send XCP/DEX). This is an innovative and unique service similar to our MP/BTC trading services. Anyone with the private key for their BTC address can buy XCP/MPTSTOCK by sending BTC to our specified address (see our forum thread or website). We then spend the BTC on the DEX to buy XCP/MPTSTOCK which is sent (minus 10% commission) to the Buyer's address.
Essentially - Anyone can buy XCP/DEX Assets by sending bitcoins from their bitcoin client to our current XCP buy address (shown on both our site and our bitcointalk thread for redundancy). This will work for any client/address which the buyer has the private key for (pretty much all BTC clients except exchange accounts).
When our messenger (TC and/or FB) shows green, this service is available for rapid processing at a premium. Otherwise, our goal is to process all such transactions within 24-48 hrs. Frequency of trades will depend on volume of submitted orders.
THANKS to all the Dev's!
jk
