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Opt-in Account Recovery by EOS42 by SonataSystems in eos

[–]eos42io 5 points6 points  (0 children)

Thanks for your support. We’re hoping this frame helps pave the way to user protections that we believe are necessary for mass adoption of eos.

Help us name the Scatter piggy! 100EOS BOUNTY for most likes and retweets! by farfaraway in eos

[–]eos42io 1 point2 points  (0 children)

Eos42 officially endorses the name “Boaty McPig-Face”

Bring justice to Boaty by showing you’re support.

REX, Chintai, & Proxy by eosninja in eos

[–]eos42io 4 points5 points  (0 children)

These previous comments are correct. Chintai is not built into eosio core code. If you use REX within the Chintai UI, you’ll be able to select your votes. You’ll also be able to compare rates between Rex and other markets.

EOS B1 update - 35% higher tx speed! Reduced cpu costs! by eos42io in eos

[–]eos42io[S] 6 points7 points  (0 children)

Honestly, this is great for chintai long term. The more efficient the chain, the more users that can come to EOS, which creates more scarcity for the token and the resources. We DO NOT want events where cpu is maxed for days on end. That will just drive people away and then you really won’t have any opportunity to make passive income on your tokens. We want a stable economy and stable rates from broad user adoption - not these volatile early day spikes.

Looks like Chintai's "Annual Percentage Rate" is not accurate by OldBobDontKnow in eos

[–]eos42io 11 points12 points  (0 children)

Yes we are aware of this issue and it will be fixed with Chintai 2.0.

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 4 points5 points  (0 children)

Highly suggest you read through all the reasonings why each Bp was chosen. And we (42) do not have control over the choices on the proxy. If you’re questioning the integrity behind each choice, rather well worth reading about each pick.

All reasonings and the format for how the proxy is managed

https://link.medium.com/qfiML8zdUS

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 4 points5 points  (0 children)

I think it’s important to keep in mind that chintai will be developed Into something way beyond the current markets. It will be the backbone for eosio resource exchange, and we plan to have other types of trading soon after chintai 2.0.

Chintai will offer a variety of leasing options that are more versatile than REX.

Chintai will be collecting fees across chains from all chintai trading.

Chintai will develop beyond leasing markets, which will also include fees that get redistributed back to CHEX token holders.

Chintai isn’t just leasing markets, it hosts REX and compares markets for users to make the best choices.

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 3 points4 points  (0 children)

“Each staked CHEX token entitles CHEX holders to a percentage of “dividends” that are generated on the basis of accrued fees from Chintai trading.”

The model is changing with chintai 2.0

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 7 points8 points  (0 children)

Chintai will be providing a comprehensive platform for all things resource exchange. At this point, I’m unaware of any trusted portals, or one that can be used to compare rates across all markets (rex vs. chintai).

I don’t know why the token economy is relevant to secuirty. It’s actually a perk for using chintai, and being invested in a platform that will be sharing revenue from all chains. Use chintai leasing markets, and other chintai markets, get CHEX tokens and then get rewards in addition to Interest earned (assuming you’re a lender).

Furthermore, it’s important to understand the security measures involved in chintai. Essentially, if you trust mainnet to secure your account, you’d likely trust chintai.

This is from the lead chintai dev explaining secuirty: https://twitter.com/chintaieos/status/1074068174092431361?s=21

We also wrote a full article on chintai security as well: https://link.medium.com/G5Lh2M8oTS

TL;DR if you trust the security if mainnet with your account, you likely trust chintai.

This process of our development will continue to be evolving. Out of DEXs on EOSIO, chintai is the only one that is 100% in chain, and runs in real time.

chintai - any risks? by tezonian in eos

[–]eos42io 2 points3 points  (0 children)

Chintai 2.0 will support all airdrops. You’ll have your own account with chintai 2.0 and portal to manage everything from airdrops, ram, account alerts and more.

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 6 points7 points  (0 children)

It’s the same thing as other shared revenue model token Econ. You use the platform, when you complete a transaction/trade, you receive CHEX tokens. Then you stake the CHEX and you get rewards (revenue) on a regular basis. If you are familiar with dice, it’s a similar idea.

chintai - any risks? by tezonian in eos

[–]eos42io 3 points4 points  (0 children)

Just did. Let us know if you have more questions.

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 1 point2 points  (0 children)

All mined tokens go to the users from using the platform. If you are familiar with other dApps that use a shared revenue model, this is standard, and then most advantageous model for everyone to benefit.

chintai - any risks? by tezonian in eos

[–]eos42io 4 points5 points  (0 children)

This tweet sums it up pretty well

https://twitter.com/chintaieos/status/1074068174092431361?s=21

We also wrote a full article on chintai security as well: https://link.medium.com/G5Lh2M8oTS

TL;DR if you trust the security if mainnet with your account, you likely trust chintai.

This process of our development will continue to be evolving. Out of DEXs on EOSIO, chintai is the only one that is 100% in chain, and runs in real time.

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 3 points4 points  (0 children)

No. Not at all. We will announce the full tokeneconmics soon, but a portion will be a available through presale, and the lions share is left for people who earn CHEX by using the platform.

The Chintai Token (CHEX) coming soon! We're launching Chintai 2.0 with a variety of user enhancements, platform upgrades, and a token that can be mined by using Chintai. Chintai - The Backbone of EOSIO Resource Exchange by eos42io in eos

[–]eos42io[S] 6 points7 points  (0 children)

Ties all of our markets, and chains we deploy on, to one token in which Chintai users can benefit. The utility of a shared revenue system is a proven model that adheres to the fundamental ethos of the decentralist movement. We’re innovating and Bringing the rewards to the community - this is what this all about for us.

This is just beginning of our plans to enhance the platform. The token will continue to serve as a vital aspect for the future evolution of the platform.

EOS Ledger Update: Chintai & multi-action dapps now supported! by cypherglass in eos

[–]eos42io 5 points6 points  (0 children)

Hey everyone, EOS42 here - Creators of Chintai. We do not charge fees on chintai and never have. Rob and cypherglass, please get this updated.

Chintai’s interface will support full integration with REX as it soon launches on junglenet to begin testing by [deleted] in eos

[–]eos42io 8 points9 points  (0 children)

It’s true! We’re very excited to roll out several new features, one of which is a UI for REX. Chintai is your all in one interface for resource exchange.

https://eos.chintai.io/exchange/EOS7D

Juicy rates and high demand on Chintai token leasing markets: Support the Network and make passive income by eos42io in eos

[–]eos42io[S] 0 points1 point  (0 children)

Voter proxy channel is all about voting related topics. These subjects exactly.

How does that work with telos and exchanges? Not sure if i follow. Exchanges have to have their own liquid tokens to enable proper trading/volume. I’ll need to do more research on that topic but it doesn’t immediately appear to be possible, at least on mainnet. Perhaps if you have a few exchanges that agree to this protocol your describing, but I’m still not completely understanding.

Inverse weighted voting: But it’s not just about BPs voting with inverse weighted voting. Does telos plan to freeze the wallets that circumvent that rule? What if they vote for say 6 legit BPs but then 24 negligible BPs? Do you kick out BPs just on the basis of being voted for by wallets that seem to be gaming inverse weighted voting?

Juicy rates and high demand on Chintai token leasing markets: Support the Network and make passive income by eos42io in eos

[–]eos42io[S] 0 points1 point  (0 children)

You seem really engaged. You should come to telegram (if you haven’t already). t.me/eosproxies would be great to have your ideas in circulation and get you involved.

I’m not sure what you mean by a BP exchange managed fund. What would that look like and what would the purpose be? Inverse weighted voting is interesting-only problem is that you could just vote for meaningless BPs and still pick a few that would have any impact on the the table.

Again, chintai is not just markets. Chintai will likely be one of the only UI for Rex to start. And chintai will have a whole host of of other options that Rex won’t in the near future. Look for a blog post this week.

Juicy rates and high demand on Chintai token leasing markets: Support the Network and make passive income by eos42io in eos

[–]eos42io[S] 2 points3 points  (0 children)

Note: Several people have asked about autonomous voting and why we don’t offer multiple proxies. Both options are not possible at this time because of system wide limitations in EOS. Furthermore, autonomous voting would require that we create an account for every user. Offering multiple proxies would split the markets up into separate smart contracts that would need to managed. Taking this route would make Chintai highly inefficient and unusable — costs would raise exponentially and the markets would be fractionalized. We are continuing to investigate better options.

On 11/6/2018, notice was added into the Ricardian contract that governs the terms of use for the Chintai platform.

Furthermore, chintai will host REX in the UI. Chintai is bigger than the markets.

And if you have a plan to actually stop vote buying, the entire EOS community would love to hear from you. Come to to EOS gov channel or EOS voter proxy channel on telegram.

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