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Author Topic: BitShares PTS (formerly ProtoShares) Mandatory Upgrade & Snapshot Announcement  (Read 216495 times)
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sandpaper
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August 13, 2014, 11:26:21 PM
 #1241

PTS is extremely confusing to me.

When I receive shares of a DAC, where are they? How can I move / sell / use / get dividends off these shares...

It's extremely confusing for the laymen
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brekyrself
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August 13, 2014, 11:32:40 PM
 #1242

PTS is extremely confusing to me.

When I receive shares of a DAC, where are they? How can I move / sell / use / get dividends off these shares...

It's extremely confusing for the laymen

As long as you hold PTS in your personal wallet when a snapshot is taken your shares are in the genesis block of the new DAC.  All you have to do is import your PTS wallet keys into the new DAC once released.

BitShares import how to:
http://wiki.bitshares.org/index.php/Bitshares-x-how-to
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August 14, 2014, 03:48:03 AM
 #1243

Definitely keep PTS in your own wallet. No reason to give anyone else the private keys. Unless I am mistaken.

Anyways PTS is great. Get in while the market is small, reap the rewards later.
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August 14, 2014, 05:51:21 PM
 #1244

I believe btc38 and bter have both indicated that they will be honoring the BitShares PTS snapshots.  I'll have to look around for the relevant posts and add them here later.  Of course like others have said the best bet is just to have them in your own wallet.
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August 14, 2014, 05:56:56 PM
 #1245

I believe btc38 and bter have both indicated that they will be honoring the BitShares PTS snapshots.  I'll have to look around for the relevant posts and add them here later.  Of course like others have said the best bet is just to have them in your own wallet.

yes they have. I guess it depends on your trading strategy. if you plan on holding them for the long run, then sure, move them to your wallet where they're safe. If you prefer to trade asap then i guess its better to leave them on the exchanges. not to mention that if things follow the path of btsx, people will be able to sell at a slightly higher price once the exchange grants members their shares. This is because withdrawals and deposits will possibly only be allowed later, meaning there will be a small dump and then you will be able to buy again at lower prices

The original Zerocoin implementation, soon with Znodes - https://zcoin.io/
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August 14, 2014, 06:09:31 PM
 #1246

Bter also was granting an extra 1% for all BTSX deposits and charging 1% for all BTSX withdraws.  I suppose to give incentive to keep on the exchange so they can use the stake to vote their own delegates, earn extra BTSX.
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August 16, 2014, 07:33:12 PM
 #1247

5 days left until the dual snapshot!!

Get your BitShares DNS and BitShares Vote in time for August 21th!

Countdown Timers Smiley

http://bitshares.org/industries/domains/
http://bitshares.org/industries/voting/

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August 17, 2014, 08:37:21 AM
 #1248

so far only BTER and BTC38 are honouring the snapshot.

August 21 is coming, so if you hold PTS in other exchanges talk with them to honour the snapshot or transfer the PTS back to your wallet you control the privat keys.

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August 17, 2014, 06:43:08 PM
 #1249

Been lots of debate lately about which is better, DPOS or POW?  Good article explaining DPOS here http://bitshares.org/what-is-proof-of-stake/
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August 18, 2014, 08:17:08 AM
 #1250

so far only BTER and BTC38 are honouring the snapshot.

August 21 is coming, so if you hold PTS in other exchanges talk with them to honour the snapshot or transfer the PTS back to your wallet you control the privat keys.

Maybe Poloniex can be convinced. They have just integrated BitShares X.

Been lots of debate lately about which is better, DPOS or POW?  Good article explaining DPOS here http://bitshares.org/what-is-proof-of-stake/

There is also talks of replacing PoW in BitShares PTS with DPOS long term. That would be interesting. Give everyone who holds BitShares PTS a 1:1 in a DPOS-based PTS.
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August 18, 2014, 08:20:53 AM
 #1251

http://altoidnerd.com/2013/12/12/a-reminder-to-myself-and-others-why-protoshares-ridiculously-stupid/

Is this the same coin?

not trying to spread FUD simply asking a question so calm your pitchforks
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August 18, 2014, 08:48:21 AM
 #1252

Also unable to update to new osx client.

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August 18, 2014, 09:07:35 AM
 #1253

http://altoidnerd.com/2013/12/12/a-reminder-to-myself-and-others-why-protoshares-ridiculously-stupid/

Is this the same coin?

not trying to spread FUD simply asking a question so calm your pitchforks

Yes, that's the same PTS. Looks like the "joke" is on OP in that article, as the vaporware he was so convinced PTS was hawking has actually materialized... I believe there has been one official and one 3rd party snapshot already (LottoShares and BitSharesX). Despite the fledgling BitShares team having been rough around the edges insofar as marketing and presentation in the early days, I think the fact that they delivered some groundbreaking new technology in their initial DAC offering speaks to their focus on the product and motivation to solve the problems crypto-equities are facing today instead of trying to sell snake oil with a flashy website and marketing campaign while still in heavy development.

Looking forward to many returns from PTS!

Twitter: @robrig0

In Detroit? Want to learn more about BitShares? RSVP for the meetup! http://www.meetup.com/bitshares-worldwide/
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August 18, 2014, 10:10:50 AM
 #1254

http://altoidnerd.com/2013/12/12/a-reminder-to-myself-and-others-why-protoshares-ridiculously-stupid/

Is this the same coin?

not trying to spread FUD simply asking a question so calm your pitchforks

Yes, that's the same PTS. Looks like the "joke" is on OP in that article, as the vaporware he was so convinced PTS was hawking has actually materialized... I believe there has been one official and one 3rd party snapshot already (LottoShares and BitSharesX). Despite the fledgling BitShares team having been rough around the edges insofar as marketing and presentation in the early days, I think the fact that they delivered some groundbreaking new technology in their initial DAC offering speaks to their focus on the product and motivation to solve the problems crypto-equities are facing today instead of trying to sell snake oil with a flashy website and marketing campaign while still in heavy development.

Looking forward to many returns from PTS!

thank u for reply

I needed to know if it was instamined or not, I don't care about features for premined/instamined coins.
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August 18, 2014, 10:39:54 AM
 #1255

http://altoidnerd.com/2013/12/12/a-reminder-to-myself-and-others-why-protoshares-ridiculously-stupid/

Is this the same coin?

not trying to spread FUD simply asking a question so calm your pitchforks

Yes, that's the same PTS. Looks like the "joke" is on OP in that article, as the vaporware he was so convinced PTS was hawking has actually materialized... I believe there has been one official and one 3rd party snapshot already (LottoShares and BitSharesX). Despite the fledgling BitShares team having been rough around the edges insofar as marketing and presentation in the early days, I think the fact that they delivered some groundbreaking new technology in their initial DAC offering speaks to their focus on the product and motivation to solve the problems crypto-equities are facing today instead of trying to sell snake oil with a flashy website and marketing campaign while still in heavy development.

Looking forward to many returns from PTS!

thank u for reply

I needed to know if it was instamined or not, I don't care about features for premined/instamined coins.

It's not premined/instamined coin.
You can be sure, if you will read all this thread from beginning.

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August 18, 2014, 02:32:20 PM
 #1256

which pool is running v0.2 and whats the best 64bit miner to use with it?

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August 18, 2014, 02:38:27 PM
 #1257

which pool is running v0.2 and whats the best 64bit miner to use with it?

http://ypool.net
Look at ypool how to, it's has all modern miners download links.

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August 18, 2014, 04:41:27 PM
 #1258

where can i download the NaN  latest miner for amd? bitsharetalk looks down for me
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August 18, 2014, 04:51:12 PM
 #1259

Yes, bitsharetalk is down. What happened?

01100010 01101001 01110100 01100011 01101111 01101001 01101110 00100000 01101001 01110011 00100000 01100001 00100000 01100010 01101001 01110100
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August 18, 2014, 05:54:03 PM
 #1260

Yes, bitsharetalk is down. What happened?

Godaddy fubared the DNS record somehow when ownership of the forums changed hands to a dedicated team (bitsapphire). You can get to the forum at https://184.154.208.204/.

Twitter: @robrig0

In Detroit? Want to learn more about BitShares? RSVP for the meetup! http://www.meetup.com/bitshares-worldwide/
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