Bitcoin Forum
November 23, 2017, 02:25:51 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69] 70 71 »
  Print  
Author Topic: BitShares PTS (formerly ProtoShares) Mandatory Upgrade & Snapshot Announcement  (Read 216616 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic.
jasemoney
Legendary
*
Offline Offline

Activity: 1232


Forget-about-it


View Profile
January 03, 2015, 05:28:16 AM
 #1361

currently you have to be a delegate 1 of 100 to mine coins in the DPOS system. this is not the scrypt coin it was before. you have to be elected as delegate... but you mention needing to register key so you have the right client maybe? im confused for you!

$MAID & $BTC other than that some short hodls and some long held garbage.
1511403951
Hero Member
*
Offline Offline

Posts: 1511403951

View Profile Personal Message (Offline)

Ignore
1511403951
Reply with quote  #2

1511403951
Report to moderator
1511403951
Hero Member
*
Offline Offline

Posts: 1511403951

View Profile Personal Message (Offline)

Ignore
1511403951
Reply with quote  #2

1511403951
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511403951
Hero Member
*
Offline Offline

Posts: 1511403951

View Profile Personal Message (Offline)

Ignore
1511403951
Reply with quote  #2

1511403951
Report to moderator
1511403951
Hero Member
*
Offline Offline

Posts: 1511403951

View Profile Personal Message (Offline)

Ignore
1511403951
Reply with quote  #2

1511403951
Report to moderator
bitcube
Newbie
*
Offline Offline

Activity: 14


View Profile
January 05, 2015, 03:53:50 AM
 #1362

There is a MAC OSX wallet released. Download link: https://github.com/PTS-DPOS/PTS/releases/tag/v2.0.1
svedex
Newbie
*
Offline Offline

Activity: 8


View Profile
January 13, 2015, 01:32:36 PM
 #1363

hey there guys, does anyone know a good PTS pool besieds ypool?
cryptrol
Hero Member
*****
Offline Offline

Activity: 637


View Profile
January 13, 2015, 01:33:53 PM
 #1364

hey there guys, does anyone know a good PTS pool besieds ypool?
Yes, have you tried www.thiscoinisnotPoWanymore.com ??
Hilux74
Legendary
*
Offline Offline

Activity: 909



View Profile
January 13, 2015, 07:35:55 PM
 #1365

I can't get a handle on the DPOS system used in NewPTS and BitShares. 

This is my understanding...

Unlike most POS where my own holding stake after a while rewarding me for securing the network, under DPOS I spend some of my god damn holdings to vote in up to 101 other bastards that get all the rewards leaving me with less and less every time I participate. 

Sounds like a system where the majority of the individuals holding get worth less and less over time (both actual by voting cost, and %Total since they get none of newly minted coins) while a select few elite delegates get richer off everyone else's back. 

Please enlighten me if I have this confused.

chryspano
Hero Member
*****
Offline Offline

Activity: 851



View Profile
January 15, 2015, 12:05:53 AM
 #1366

I can't get a handle on the DPOS system used in NewPTS and BitShares. 

This is my understanding...

Unlike most POS where my own holding stake after a while rewarding me for securing the network, under DPOS I spend some of my god damn holdings to vote in up to 101 other bastards that get all the rewards leaving me with less and less every time I participate. 

Sounds like a system where the majority of the individuals holding get worth less and less over time (both actual by voting cost, and %Total since they get none of newly minted coins) while a select few elite delegates get richer off everyone else's back. 

Please enlighten me if I have this confused.



You can see it this way, if bitcoin was using DPOS you would vote with your bitcoins for 101 "mining pools" (known as delegates in bitshares) each delegate would have a specific mission and would use the income for his mission like developing, marketing etc. Bitcoin burned something like 500 million $ last year for electricity, can you imagine the benefits if all those money were used in marketing, to hire more developers or to back any other good idea from the bitcoin community?

No more money to the electric power companies for POW, no more money to the big whales of POS coins that do absolutely nothing for the coin. In DPOS all "mining income" is used to develop and helps in the grownth of the coin that uses DPOS. It's up to you to decide what delegates would help the coin the most and VOTE them!     

I hope this helps.


BitThink
Legendary
*
Offline Offline

Activity: 882



View Profile
January 19, 2015, 05:46:06 AM
 #1367

PoW ensures no one can get the new coins for free, and the free competition will force the miners to pay the new coins with the price close to the current market price. There's no trust needed and therefore no need for any politics.

DPoS, on the other way, will give 101 persons the free (or almost free) new coins (if there's any) and then there has to be a scheme to select/deselect those 101 persons. We have to trust them to spend them in the good way, and then we get everything just like those in our real world politics: voting, campaign, ...

Different philosophy, and it is still too early to say which one is better.

bitcube
Newbie
*
Offline Offline

Activity: 14


View Profile
January 25, 2015, 05:50:14 AM
 #1368

PTS Deflationary effect.

There is a chart showing the reduction of supply - http://pts.bitsharesblocks.com/supply

While bitcoin (approx 10% inflation) and most altcoins go inflationary, PTS is going the opposite direction. A deflationary PTS helps to preserves your PTS investment for the long term and keep the price stable.

http://ptstalk.org/img/pts-supply-over-time.jpg
ruletheworld
Hero Member
*****
Offline Offline

Activity: 908


View Profile WWW
January 25, 2015, 07:24:36 PM
 #1369

PTS Deflationary effect.

There is a chart showing the reduction of supply - http://pts.bitsharesblocks.com/supply

While bitcoin (approx 10% inflation) and most altcoins go inflationary, PTS is going the opposite direction. A deflationary PTS helps to preserves your PTS investment for the long term and keep the price stable.


This doesn't seem to be reflected in Coinmarketcap supply, which shows 999,999,386 PTS currently.


     
     ██
    ███
  █ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 ██ ███
 █  ██
   



         ▄▄▄██████████▄▄▄
      ▄████████████████████▄
    ▄████████████████████████▄
   █████▀▀▀▀▀▀███████▀▀▀▀▀▀████
  ██████      ███████      █████
 █████████▌   ███████   █████████
▐█████████▌   ███████   █████████▌
████████                   ███████
▐███████▄▄▄   ▄▄▄▄▄▄▄   ▄▄▄██████▌
 ██████████   ███████   █████████
  ██████▀▀▀   ███████   ▀▀▀█████
   █████      ███████      ████
    ▀████████████████████████▀
      ▀████████████████████▀
         ▀▀▀██████████▀▀▀


 
 ▄▄         ▄▄             ▄▄
▐██▌       ▐██▌           ███▌
▐██▌       ▐██▌     ▄▄▄▄▄▄███▌      ▄▄▄▄▄▄▄▄▄     ▄▄▄▄▄▄▄▄▄
▐██▌       ▐██▌   ▄██████████▌   ▄███████████   ▄██████████
▐█████████████▌  ███▀     ▐██▌  ▐███▀     ███  ▐███▀
▐██▌       ▐██▌ ▐██▌      ▐██▌  ███▌      ███  ███▌
▐██▌       ▐██▌  ███▄     ▐██▌  ▐███▄     ███  ▐███▄
▐██▌       ▐██▌   ▀██████████▌   ▀██████  ███   ▀██████████
▀▀         ▀▀       ▀▀▀▀▀▀▀▀       ▀▀▀▀  ▀▀▀      ▀▀▀▀▀▀▀▀


██
███
███
███ ██
███ ██
███ ██
███ ██
███ ██
███ ██
 ██ 
  █

.......Whitepaper.......
.
██████████████████████████████████████████████████████████████████████████████████████████████
.
FacebookTwitterBitcointalk
bitbollox
Full Member
***
Offline Offline

Activity: 151


View Profile
February 06, 2015, 05:14:19 PM
 #1370

Hi can someone tell me where the download link is for the windows wallet I cant see it in the [ANN]  Undecided
bitcube
Newbie
*
Offline Offline

Activity: 14


View Profile
February 09, 2015, 05:47:07 PM
 #1371

Hi can someone tell me where the download link is for the windows wallet I cant see it in the [ANN]  Undecided

You can download latest wallet from http://www.ptscrypto.com.

The place to get the latest and fresh news is at http://ptstalk.org.  This is also the place to get support help. 
noganoo
Jr. Member
*
Offline Offline

Activity: 50


View Profile
February 10, 2015, 07:31:01 PM
 #1372

I lost a ton of money on the dump.. Started buying at 2600 satoshi thinking I was getting a good deal.. not knowing about coin-swap.. Donations are appreciated.

BTC: 17W7i4cztdu8VSYvJes4a374ZVVJy8ivuh
BTS: poloniexwallet  Memo: efd8a725dcbd1d00

Thank you in advance for tips.  And a note to crypto-devs.. Please have the exchanges put a note on the market next time there is a 500x coin swap causing a 1000x drop in price.

doc12
Legendary
*
Offline Offline

Activity: 949


View Profile
February 27, 2015, 10:10:33 AM
 #1373

Any news here ?

Seems like this project is dead ...
bitcube
Newbie
*
Offline Offline

Activity: 14


View Profile
February 27, 2015, 05:16:34 PM
 #1374

Try out the newly launched PTS faucet for registration of new accounts - http://faucet.cubeconnex.com!

http://pts.cubeconnex.com/img/pts-faucet.jpg
sidhujag
Legendary
*
Offline Offline

Activity: 1652


View Profile
March 01, 2015, 02:55:47 AM
 #1375

Try out the newly launched PTS faucet for registration of new accounts - http://faucet.cubeconnex.com!



Nice clone lol

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
infovortice2013
Legendary
*
Offline Offline

Activity: 1176



View Profile WWW
March 18, 2015, 07:59:25 PM
 #1376

this price for pts are asking to buy them. not loose oportunity.
SteinGalen
Member
**
Offline Offline

Activity: 117


View Profile
April 17, 2015, 01:36:00 PM
 #1377

Is this coin dead, or what's the status?
sudwtf
Jr. Member
*
Offline Offline

Activity: 30


View Profile
April 30, 2015, 03:28:19 PM
 #1378

anyone have a list of live protoshares nodes so that i can get synchronized? currently "no block source available" on my old client, i just want to sync then transfer my balance.  thank you.
jaredboice
Hero Member
*****
Offline Offline

Activity: 546



View Profile
May 01, 2015, 07:03:09 PM
 #1379

trying to update to the new wallet on mac osx.  The two files are named differently.....so how should I fearlessly go about replacing the old file with the new file without losing any coins?  Thanks in advance!
helloword2013
Sr. Member
****
Offline Offline

Activity: 328


View Profile
May 19, 2015, 03:39:34 PM
 #1380

why not PTS be removed on exchange?It's bter for some one.
Pages: « 1 ... 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 [69] 70 71 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!