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Author Topic: BitShares PTS (formerly ProtoShares) Mandatory Upgrade & Snapshot Announcement  (Read 216596 times)
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testz
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February 28, 2014, 03:39:32 AM
 #1141

Does anybody know if there is a specific time at which the wallets need to hold Bitshares-PTS to get an allocation to Bitshares? Just wondering when I need to make sure the PTS is tied up there. Thanks.

Wallet should hold BitShares-PTS at the last block for 28 February GMT that mean 0:00 GMT between 28 February and 1 March.
Protocol allow time diff +- 2 hours, to be safe, keep BitShares-PTS at wallet from 28 February 20:00 GMT to 1 March 04:00 GMT

BTW Bter announce that will redeem users PTS to BitShares X: https://bitsharestalk.org/index.php?topic=3267.0

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February 28, 2014, 04:49:29 AM
 #1142

My PTS I sent to the new Wallet -still- has not received them, what is going on? Says 0/6 Verifications.
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February 28, 2014, 06:02:49 AM
 #1143

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

BUY BITCOINS INSTANTLY ONLINE!!! All kind of cards, cash payments, online bank transfers in many currencies and banks. safe & instant exchange
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February 28, 2014, 02:39:08 PM
 #1144

I've just received a bunch of small payouts from various ptsminer pools and beeeeer.org. I assume these are the pools closing down so as not to have problems with the transition. Anyone know otherwise?

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February 28, 2014, 08:45:12 PM
 #1145

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

You will receive BTS for PTS you're holding at the time of the snapshot. If you spend  the PTS later, you'll still receive the BTS you had at the time of the snapshot. That's the meaning of 'snapshot'.

PTS will continue to function as before, the snapshot does not have any impact on it.

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February 28, 2014, 10:42:29 PM
 #1146

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

You will receive BTS for PTS you're holding at the time of the snapshot. If you spend  the PTS later, you'll still receive the BTS you had at the time of the snapshot. That's the meaning of 'snapshot'.

PTS will continue to function as before, the snapshot does not have any impact on it.
This.
Also, remember to keep your wallet.dat or your private keys even after you spend your PTS after the snapshot. That's the only way you'll get credited for the BTS owed to you.


     
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Armando
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March 01, 2014, 12:12:42 AM
 #1147

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

You will receive BTS for PTS you're holding at the time of the snapshot. If you spend  the PTS later, you'll still receive the BTS you had at the time of the snapshot. That's the meaning of 'snapshot'.

PTS will continue to function as before, the snapshot does not have any impact on it.
This.
Also, remember to keep your wallet.dat or your private keys even after you spend your PTS after the snapshot. That's the only way you'll get credited for the BTS owed to you.

Thanks, guys. By the way, why the hell donations are still active here: http://www1.agsexplorer.com/ They supposed to finish the process after 28th, so the plans were changed?

BUY BITCOINS INSTANTLY ONLINE!!! All kind of cards, cash payments, online bank transfers in many currencies and banks. safe & instant exchange
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March 01, 2014, 01:50:00 AM
 #1148

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

You will receive BTS for PTS you're holding at the time of the snapshot. If you spend  the PTS later, you'll still receive the BTS you had at the time of the snapshot. That's the meaning of 'snapshot'.

PTS will continue to function as before, the snapshot does not have any impact on it.
This.
Also, remember to keep your wallet.dat or your private keys even after you spend your PTS after the snapshot. That's the only way you'll get credited for the BTS owed to you.

Thanks, guys. By the way, why the hell donations are still active here: http://www1.agsexplorer.com/ They supposed to finish the process after 28th, so the plans were changed?

Still 28th on my watch

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March 01, 2014, 03:30:33 AM
 #1149

My PTS still aren't in the new wallet!

I sent them TWO days ago!

10 of them! I mined really hard for Weeks!

It just says 0 of 6 confirms!

How the hell...how does this work!?

I sent my 10, to my new wallets address, and just nothing!

"Status: 0/unconfirmed
Date: 2/26/2014 12:31
To: PTS Shares PisdFtPMZx5PSW9GetkcDw6vWj3aAgbemv
Debit: -10.059971 PTS
Net amount: -10.059971 PTS
Transaction ID: (Blanked because this might be usable, dunno)

Send to my new address. Which I've received nothing
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March 01, 2014, 03:37:34 AM
 #1150

Are we still calling these Protoshares or just Bitshares PTS (where PTS doesn't mean or stand for anything)... Referring to the subject line
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March 01, 2014, 03:50:42 AM
 #1151

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

You will receive BTS for PTS you're holding at the time of the snapshot. If you spend  the PTS later, you'll still receive the BTS you had at the time of the snapshot. That's the meaning of 'snapshot'.

PTS will continue to function as before, the snapshot does not have any impact on it.
This.
Also, remember to keep your wallet.dat or your private keys even after you spend your PTS after the snapshot. That's the only way you'll get credited for the BTS owed to you.

Thanks, guys. By the way, why the hell donations are still active here: http://www1.agsexplorer.com/ They supposed to finish the process after 28th, so the plans were changed?

Still 28th on my watch

Mine too, but the site shows

UTC: 2014-03-01 03:50:04

And there are two columns for XBT/PTS donations, dated 1st march

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March 01, 2014, 04:31:35 AM
 #1152

My PTS still aren't in the new wallet!

I sent them TWO days ago!

10 of them! I mined really hard for Weeks!

It just says 0 of 6 confirms!

How the hell...how does this work!?

I sent my 10, to my new wallets address, and just nothing!

"Status: 0/unconfirmed
Date: 2/26/2014 12:31
To: PTS Shares PisdFtPMZx5PSW9GetkcDw6vWj3aAgbemv
Debit: -10.059971 PTS
Net amount: -10.059971 PTS
Transaction ID: (Blanked because this might be usable, dunno)

Send to my new address. Which I've received nothing

Did you dull your pickax?

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March 01, 2014, 03:06:03 PM
 #1153

I was planning on selling ~100 PTS, but the exchange I had them on decided to shut down withdrawals 10 hours before the midnight GMT 'conversion' time.

Shame I didn't leave them on cryptsy.  Thanks for costing me close to $1000, jackasses.

Anyhow, I wasn't planning on actually having any of them at midnight, so now wtf do I do?  I assume this pool is doing something?  Is there a separate client for these other thingamajigs?

Dacentec, best deals for US dedicated servers. They regularly restock $20-$25 Opterons with 8-16GB RAM & 2x1-2TB HDD's (ofc, usually lots of other good stuff to choose from).  I did a Serverbear benchmark of one of my $20/mo Opteron (June last year), it's here.  Have had about a half dozen different servers with Dacentec, & none have failed to sustain at least 40MB/s (burst higher). My favorite is a 12-month rent-to-own ZT Systems 2XL5520 16GB 2x2TB SATA for $40/month (got lucky with the 'off-brand', haven't seen a RTO 2xL5520 for under $50/mo since -- at least for monthly contracts).  wholesaleinternet.com has some ancient 2-core intel CPUs @ $10/mo sometimes (I got an Intel Core 2 6300 @ 1.86GHz, with a 250GB HDD with 46000 hours on it, LOL. $20 @ Dacentec is much better, if you can grab one). joesdatacenter.com (same location as Wholesale Internet) also occasionally has specials (or if you don't want to wait, it has an AMD Opteron 170 @ $16/mo).
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March 01, 2014, 04:32:19 PM
 #1154

OK!

They finally arrived, sometime today

How do I know a snapshot was taken?

And where should I sell them? (ASAP, as the price is goooooooing down)
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March 01, 2014, 06:23:06 PM
 #1155

I was planning on selling ~100 PTS, but the exchange I had them on decided to shut down withdrawals 10 hours before the midnight GMT 'conversion' time.

Shame I didn't leave them on cryptsy.  Thanks for costing me close to $1000, jackasses.

Anyhow, I wasn't planning on actually having any of them at midnight, so now wtf do I do?  I assume this pool is doing something?  Is there a separate client for these other thingamajigs?
Is it Bter? Bter will honor your PTS -> BTS conversion, so you don't need to worry. If you look under your account in Bter, you'll see a new currency called Snapshot PTS_S.


     
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March 01, 2014, 06:24:09 PM
 #1156

I can't understand one thing - what will happen if you'll spend the coins after the snap will taken? Or we will not be able to use PTS after the snapshot?

You will receive BTS for PTS you're holding at the time of the snapshot. If you spend  the PTS later, you'll still receive the BTS you had at the time of the snapshot. That's the meaning of 'snapshot'.

PTS will continue to function as before, the snapshot does not have any impact on it.
This.
Also, remember to keep your wallet.dat or your private keys even after you spend your PTS after the snapshot. That's the only way you'll get credited for the BTS owed to you.

Thanks, guys. By the way, why the hell donations are still active here: http://www1.agsexplorer.com/ They supposed to finish the process after 28th, so the plans were changed?
AGS donations will continue till 200 days from 1st Jan, so they won't close. These will be used for the future products that Invictus has planned. This snapshot was just for Bitshares, not other future projects.


     
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sidhujag
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March 01, 2014, 07:20:17 PM
 #1157

I was planning on selling ~100 PTS, but the exchange I had them on decided to shut down withdrawals 10 hours before the midnight GMT 'conversion' time.

Shame I didn't leave them on cryptsy.  Thanks for costing me close to $1000, jackasses.

Anyhow, I wasn't planning on actually having any of them at midnight, so now wtf do I do?  I assume this pool is doing something?  Is there a separate client for these other thingamajigs?

Just hold your PTS it will be worth more than it was before.. and your BTS will be equally as much... so in reality your PL has not dropped because you got BTS which shoul dbe worth just as much as PTS.

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bluemyst
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March 01, 2014, 11:28:14 PM
 #1158

Just a quick question,


Do we automatically receive and show the amount of Bitshares into Local wallet if we held PTS as of 28 Feb to 1st of March?

and also any exchanges adding bitshares ?
KickAzzDude
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March 02, 2014, 12:50:35 AM
 #1159

Ok I don't understand the whole BitShares snapshot thing. So if I bought more PTS today does it mean those do not count for Bitshares? Also if I hadn't downloaded the new BitShares-PTS wallet would the PTS I had not get snapshotted?

sidhujag
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March 02, 2014, 05:35:09 AM
 #1160

Just a quick question,


Do we automatically receive and show the amount of Bitshares into Local wallet if we held PTS as of 28 Feb to 1st of March?

and also any exchanges adding bitshares ?


You import your pts wallet private key into bitshares wallet.. 1.3x your pts should showup.

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
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