Hey folks,
I’ve wanted to write down some thoughts on the upcoming need for data feed providers.
I’ll let those points stand here until I can get some more time to elaborate on them.
Looking forward to your comments.
Who you gonna call?
-Selection: Voting/Electing data feed providers?
-Legal concerns in general?
-Anonymous providers needed because of legal uncertainty?
Distribution of the feed?
@CoinGame may I present the current plans in this thread?
-P2P within a future NuBits client?
-Create a platform for feed providers? (easy hosting, access, documentation)
-Web hosting (every man his own? anonymity problems)
Transparency?
-Should a feed provider justify his decisions? (I imagine him to be an unbiased judge who doesn’t take a lead in discussions)
-How would his decisions be documented?
Pros & Cons
-Easy for shareholders
-Centralisation/power concerns?
Fees?
-Would it be appropriate to request fees from shareholders?
-If yes, how would those fees be collected?
-Donations?
Codes of conduct?
-no disclosure of decisions beforehand
-fraud prevention / prevention of insider trades
Willy