Hi, it will be a formula parameter change.
In this case, I assume that a technical post will be made to developers at the appropriate time, so that they can modify frontends and libraries accordingly.
Regarding Bittrex
Yes, it can be a double-edged sword, it's a situation where we're walking on eggshells and where every decision can have far-reaching consequences. Fortunately, the shutdown of Bittrex and the overriding need to secure the blockchain are, I think, sufficient justification for this decision.
Why do you feel probit needs to be notified?
I'm speaking in an advisory role and as an Exchange. It's related to this comment I made a few days ago.
Hi, regarding additional technical details and whether libraries need to be updated for a parameter change I will defer to @saboin.
Also, regarding Probit I was speaking to them on another matter and raised the question whether the burn action on the unclaimed Bittrex airdrop makes them uneasy in any way, this however, could lead to a self-fulfilling prophecy whereby asking this question sends them down this avenue of thought where before they wouldn’t even have thought or worried about it. I caution against overthinking, every choice on this HF can be picked apart and argued in any direction, sometimes an executive decision just needs to be made on the basis of the macro rewards and risk merits of the decision and the outliers treated with less weight in the decision making process, otherwise we cannot progress with any changes effectively.
OK, I'll check with him.
I think you made the right decision to raise the subject with Probit during a discussion as they are a key player for the Blurt blockchain and consequently have a right to information. Communication is an essential tool to avoid misunderstandings about the actions we want to undertake. The challenge is not to overdo it to avoid falling into immobilism or counterproductive effects.
Probit replied, they said they have no issue with the Bittrex funds burn and that it is our decision.
I’m not going to post the private chat with Probit on chain but have shared in DM with @saboin @nalexadre and @symbionts to verify. Hope it satisfies this concern.