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RE: Not BTSbots update! Working Bots! Expect Public access soon!
With a full node up, how much more difficult would it be to configure as a witness?
If people running BTSbots were really close to 40% of bitshares volume, I think that votes from most users of the new service should be enough to get you in the top 20 witnesses.
That could be true. Don't forget though it is easy to take a small account and turn it over many times a day. This could mean that people with a low percentage of holdings are responsible for a large percentage of the volume. Also due to security concerns, people who bot trade hopefully do so in a separate account from there main account, so it may be hard to know their true holdings.
That's a valid point, but they could set their main account as proxy for their bot accounts and then vote from the main account.
Absolutely right about the difference between trading volume and overall holdings. I turned my whole account value over many times a day when I was using the bot.
I hope their combined votes would still get the witness high in the rankings, especially if they make posts explaining why they support the witness and get non-trading users to support the witness too.
If I can get to become a witness, the cost of running the bots would definitely be no problem for me would definitely be no problem for me. As of right now, this project is 100% hobby for me and my team, and our motivation was to preserve btsbot. Our project started when alt says that he is shutting down btsbot. Our initial plan was to host that using a in-house sever Apache running at our University Residence hall, and it would cost little or nothing to do. But as we spend more time on the project, we found out it is not as simple as it looks. We have to rewrite several libraries, migrate to cloud due to inadequate computing resources, and then making sure it would work when we release it.
But we are all now every happy that our site is live!
You should try nginx , in the future , instead of Apache...it.s very hard on memory...over time it will get sluggish.. Good work , congratz.
We already switch to nginx, it is just the site is in badly of a rewrite. We are working on a major overhaul of the system, and UI. We plan to new version up and running around January.