Peter Conrad

I agree that the concept is difficult to understand without explanations in prose. You should add a section that describes the effect on funds invested into the pool. As long...

* We should not modify accounts without the explicit permission of the account owners (which is tricky obviously, because they can't prove ownership in the first place). Proving ownership of...

Possible approach for preventing future accidents: * add a flag to account_update, if set the account_update operation must be authorized by both the old and the new authorities

IIRC there's a limit to how long you can claim back an account, so that wouldn't really help the locked accounts. And I'm not sure if it's a good idea...

The same code that forbids circular dependencies after a hardfork can detect these before the hardfork and collect them for fixing them at maintenance after the hardfork. Both steps are...

> The margin position needs always CR > 1 without the `extra debt asset`, But doesn't that requirement make the whole concept moot? When you talk about "lowering the CR"...

> No, because user can now trade with a lower internal collateral ration (cr) ≥ 1 without increasing the system risk. * IMO the trades of the user do not...

> Wrong: interest = extra debt asset * (a * 1/cr + b * (1/cr)² ) * interest rate You just made that up, didn't you? I'm sure that line...

> No debt position does crash the market, people with liquid BTS crash the market. *Right now* the 10 least collateralized positions on CNY have a total collateral of more...

> This was only the case when MSSR was 1.1, but with 1.01, this is not valid anymore. Margin calls suppress price and removes liquidity, but no margin call does...