Viewing a response to: @blocktrades/proposed-hardfork-change-to-stabilize-hive-dollar-s-tracking-of-usd-value
Like @smooth said I think making the conversion roughly parallel to the HBD->HIVE conversion makes more sense. The last-hour worst case price overriding the median is open to manipulation. And in this post you mention 3 days and an average. Are you accurate with those terms or are we talking about a 3.5 day median already?
| author | pfunk |
|---|---|
| permlink | re-blocktrades-qq162s |
| category | hive-102930 |
| json_metadata | {"tags":["hive-102930"],"app":"peakd/2021.03.7"} |
| created | 2021-03-15 21:52:03 |
| last_update | 2021-03-15 21:52:21 |
| depth | 1 |
| children | 5 |
| last_payout | 2021-03-22 21:52:03 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 324 |
| author_reputation | 221,632,045,904,452 |
| root_title | "Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 102,388,884 |
| net_rshares | 0 |
It's not really open to manipualtion except as a denial of service. Making the price lower just makes the conversions less attractive. But yes, someone looking to pump HBD for some reason (not sure why, but we could imagine it) might want to discourage conversions in this manner.
| author | smooth |
|---|---|
| permlink | qq16im |
| category | hive-102930 |
| json_metadata | {"app":"hiveblog/0.1"} |
| created | 2021-03-15 22:01:36 |
| last_update | 2021-03-15 22:01:36 |
| depth | 2 |
| children | 4 |
| last_payout | 2021-03-22 22:01:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 280 |
| author_reputation | 253,602,537,834,068 |
| root_title | "Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 102,389,028 |
| net_rshares | 0 |
If someone with a large enough bankroll wanted more HBD for their HIVE conversion, they could conceivably make the market take a dip for a couple hours. Exploits like this should be avoided in consensus code.
| author | pfunk |
|---|---|
| permlink | re-smooth-qq16wa |
| category | hive-102930 |
| json_metadata | {"tags":["hive-102930"],"app":"peakd/2021.03.7"} |
| created | 2021-03-15 22:09:45 |
| last_update | 2021-03-15 22:09:45 |
| depth | 3 |
| children | 3 |
| last_payout | 2021-03-22 22:09:45 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 208 |
| author_reputation | 221,632,045,904,452 |
| root_title | "Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 102,389,188 |
| net_rshares | 0 |
Making the market dip means they would get less HBD. That's not a gain, but it could discourage others from initiating HIVE->HBD conversions. That's why I say it is only a denial of service (but that's not desirable either)
| author | smooth |
|---|---|
| permlink | qq16xm |
| category | hive-102930 |
| json_metadata | {"app":"hiveblog/0.1"} |
| created | 2021-03-15 22:10:36 |
| last_update | 2021-03-15 22:15:03 |
| depth | 4 |
| children | 2 |
| last_payout | 2021-03-22 22:10:36 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 223 |
| author_reputation | 253,602,537,834,068 |
| root_title | "Proposed hardfork change to stabilize Hive Dollar’s tracking of USD value" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 102,389,258 |
| net_rshares | 0 |
hiveblocks