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RE: Feasibility of sidechains/crypto multisig gateway

in #bitshares8 years ago

I agree that it's unlikely to get a worker approved for that.

I also think it's unlikely that some part of the community funds such development for the benefit of all - and even if such generous people can be found, it would be unfair on them.

What BitShares hasn't had when you tried last time is Fee Backed Assets. Your project is exactly what FBAs are about. I'm sure getting such a feature approved once it's been implemented would be easy, since the benefit for BitShares as a whole seems obvious to me.

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We need an asset anyway, added a line to the OP. Of course the people funding it will own the asset used to control it!

I didn't know about FBAs until now, but they seem useful for sure. It would be nice to let the BTS blockchain handle distribution of fees, although it'll be a bit more complicated than letting the signers distribute them. Will need further investigation at due time. (dac income is in other cryptos/assets -> convert to bts, and use a new tx type to distribute maybe?)

As an assets has been part of the plan anyway it doesn't really change anything now.

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