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# baips | ||
BitAssets Improvement Proposals | ||
# BitAssets Improvement Proposal | ||
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BAIP stands for BitAssets Improvement Proposal but can also seen as an | ||
improvement *consensus*. BitAssets are smartcoins technically owned by | ||
the "committee-account" on the BitShares blockchain. A BAIP is a design document providing information to the BitShares community, | ||
or describing a new feature for BitAssets or change its parameters or price feed | ||
formula, logic and source. In short, this repository is for the community to discuss and organize votings for | ||
things about bitCNY, bitUSD and etc. The BSIP repository will no longer be used for | ||
this purpose unless there is a need to upgrade the BitShares protocol (aka hard fork). | ||
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The distinct document [BAIP Purpose and Guidelines](baip-0001.md) gives a more | ||
detailed explanation. | ||
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# Available BSIPs | ||
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Number | Title | Author | Type | Status | ||
-------------------|----------------------------------------------------------|-------------------|----------------|-------- | ||
[1](baip-0001.md) | BAIP Purpose and Guidelines | Bangzi | Informational | Draft |