bitshares / bitshares-core

BitShares Blockchain node and command-line wallet
https://bitshares.github.io/
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Committee-Account Able to Set Seperate Fee for Create Prediction Market Asset #1991

Open bangzi1001 opened 5 years ago

bangzi1001 commented 5 years ago

One of the main users for Prediction Market are bookies. They create new Prediction Market Assets everyday depend on event or every minute eg. Binary Option expire in 1 minute/5 minutes/1 Hour/1Day.

The fee to create new asset now is 757.80821 BTS for both UIA/Smartcoin Asset and Prediction Market Asset. This does not make sense for bookies to spend 757.80821 BTS 60 Minutes 24 Hours = 1,091,243.8224‬ BTS/Day.

I suggest add a new feature so that committee members able to set separate fee for Create Prediction Market Asset.

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pmconrad commented 5 years ago

The fee is so high because assets consume significant resources in the server nodes that are never freed up again. (You can't delete assets.) IMO a better solution would be to make PM assets re-usable, e. g. as proposed in BSIP-17.

abitmore commented 5 years ago

Please discuss in https://github.com/bitshares/bsips .