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Author Topic: WARNING: Withdraw your BitShares PTS from exchanges immediately (12/14 snapshot)  (Read 866 times)
alphaBar (OP)
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December 10, 2014, 09:37:39 PM
 #1

http://ptscrypto.com/images/logo_long.png

Summary

* December 14th snapshot date is approaching (announcement thread here.)
* WARNING: Move your funds to your local wallet as some exchanges do not honor snapshots (i.e., Cryptsy)
* Block production in the current PoW chain is SLOW. Transfer funds now (with appropriate fee) to make sure you catch a block.
* Dry Run #2 is announced: https://bitsharestalk.org/index.php?topic=12157.0


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Fellow PTSers,

As the PTS upgrade approaches, in order to ensure that your stake in the new chain is honored you are advised to store your funds in a secured wallet on your local machine. BTER has privately assured us that they will be honoring the snapshot, but other exchanges (specifically cryptsy) may not. As always, the safest route is to maintain control of your own private keys.

One important thing to note is that the current PoW chain is barely producing blocks (~ 1-2 blocks per day). You only need 1 confirmation to be counted in the snapshot, but you will need to move your funds immediately to ensure that they confirm.
PYneer
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December 11, 2014, 03:39:09 AM
 #2

Thanks for the heads up  Grin

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