Dividends Payment Feature

[xeroc]

Dividends are available on PeerPlays and should be migrated to BitShares

BunkerChainLabsInc/peerplays-profitshare@2aae8a4

However, it must be made sure that BTS cannot receive dividends to ensure it will not be regarded as security.

[abitmore]

Should it? See BSIP19 and BSIP20.

[abitmore]

By the way I don't think the implementation is scalable.

[xeroc]

See BSIP19 and BSIP20.

I don't understand why those are two proposals given that both pay dividends to assets and ultimately, UIAs and MPAs are both assets.

Should it?

If you want BTS to be "listable" on exchanges, it needs to be a native crypto currency. Once you lose that property, or even worse, make it a security, you run into big regulatory trouble (just look at the problems PeerPlays has to be listed on exchanges).

By the way I don't think the implementation is scalable.

Those are my doubts too, but I am not too into scalability of operations. Do you have an idea of how to do it more reasonable?

[oxarbitrage]

i always thought this was a very good idea, the reason i didn't attempted to do it, check deeper the peerplays code or just push it harder is the security legal issue. some mpas like bitcny , bitusd, etc can never pay dividends either as this are also listed.

if it is legally is ok in the rest then i think it will worth consider.

[abitmore]

Many of the rest assets, except those gateway assets, are looking for being listed on other exchanges as well. For example, OBITS. Anyway, a feature is a feature, whether to use it, up to the users.

[dnotestein]

I believe that the scalability of the dividend code is good: it was designed to handle paying dividends even on the core currency of peerplays (PPY), so it had to be. If someone wants to test it beyond the exercise it is currently getting on the peerplays mainnet, it might be a good idea to setup a peerplays testnet that could be exercised in various ways. Naturally we did some tests of this sort already, but more stress testing is always welcome I think.