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Offline alphaBar

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Long live the social consensus, long live PTS! (Stay tuned)
« on: November 09, 2014, 09:36:39 PM »

A note regarding our work on the transition of PTS to a standalone DPOS chain:

PTS is alive and well and so is the social consensus. PTS will be the preferred sharedrop instrument of future 3rd party DACs. We have yet to decide whether to use the Nov. 5th snapshot (since a future snapshot may not be possible if mining stops completely), but rest assured that we have a functional testnet, new website and marketing in the works, and an active group of dedicated developers and marketers.

Stay tuned for more information...

Offline davidpbrown

Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #1 on: November 09, 2014, 09:49:23 PM »
erm.. why?.. Surely the point of the new DACs' interest in honoring anything, is having the wider community embrace it?
Surely it's better just to keep it simple and honor BTS, as that will be where the majority of people will be, both new and old?
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Offline biophil

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #2 on: November 09, 2014, 09:52:34 PM »
erm.. why?.. Surely the point of the new DACs' interest in honoring anything, is having the wider community embrace it?
Surely it's better just to keep it simple and honor BTS, as that will be where the majority of people will be, both new and old?

But it's kind of cool to have a thing people can purchase to "buy into the idea of the DAC." That's part of why I liked PTS from the beginning. I support keeping PTS alive, and it confuses me when people argue against it. Some people seem to think that having PTS continue would somehow detract from the bitshares ecosystem... if anything, I believe it has the potential to make it even more dynamic.

Offline ticklebiscuit

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #3 on: November 09, 2014, 10:00:42 PM »
erm.. why?.. Surely the point of the new DACs' interest in honoring anything, is having the wider community embrace it?
Surely it's better just to keep it simple and honor BTS, as that will be where the majority of people will be, both new and old?

But it's kind of cool to have a thing people can purchase to "buy into the idea of the DAC." That's part of why I liked PTS from the beginning. I support keeping PTS alive, and it confuses me when people argue against it. Some people seem to think that having PTS continue would somehow detract from the bitshares ecosystem... if anything, I believe it has the potential to make it even more dynamic.

Yeh.  What this guy says

Offline islandking

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #4 on: November 09, 2014, 10:05:26 PM »
Why can't we just do 3rd party drops to BTS? PTS is pretty much dead as no miners are mining it anymore. It would also be nice because you would give the new blood coming in a chance instead of locking it to a small group of people. By dropping shares into BTS you will get wider distribution so more users. I really do not see the point in giving away shares to a defunct system that is owned largely by early adopters.

*Not trying to be disrespectful to the "early adopters" but I think we are all early adopters, and I think that by just sticking to BTS for share drops it will do 2 things

1) Bigger userbase and testers for your new 3rd party DAC which means less hoarding by just a few individuals.
2) Eliminates the confusion to new users and will give the new "early adopters" a chance to get in on the action.

Just my personal opinion :)
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Offline Stan

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #5 on: November 09, 2014, 10:07:06 PM »
A note regarding our work on the transition of PTS to a standalone DPOS chain:

PTS is alive and well and so is the social consensus. PTS will be the preferred sharedrop instrument of future 3rd party DACs. We have yet to decide whether to use the Nov. 5th snapshot (since a future snapshot may not be possible if mining stops completely), but rest assured that we have a functional testnet, new website and marketing in the works, and an active group of dedicated developers and marketers.

Stay tuned for more information...

Think of it this way:  somebody still owns every single PTS.  For every seller, there was a buyer. 
Who do you think a developer would want to honor more, the sellers or the buyers?  Why?

If mining ever did pause, there would still be a last block mined to that point containing all the latest buyers.
Who can imagine honoring the people who sold to them instead?





Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline ticklebiscuit

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #6 on: November 09, 2014, 10:11:02 PM »
Why can't we just do 3rd party drops to BTS? PTS is pretty much dead as no miners are mining it anymore. It would also be nice because you would give the new blood coming in a chance instead of locking it to a small group of people. By dropping shares into BTS you will get wider distribution so more users. I really do not see the point in giving away shares to a defunct system that is owned largely by early adopters.

*Not trying to be disrespectful to the "early adopters" but I think we are all early adopters, and I think that by just sticking to BTS for share drops it will do 2 things

1) Bigger userbase and testers for your new 3rd party DAC which means less hoarding by just a few individuals.
2) Eliminates the confusion to new users and will give the new "early adopters" a chance to get in on the action.

Just my personal opinion :)

U mean expand the number of shares for new snapshot on bts?

Offline inarizushi

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #7 on: November 09, 2014, 10:20:10 PM »
A note regarding our work on the transition of PTS to a standalone DPOS chain:

PTS is alive and well and so is the social consensus. PTS will be the preferred sharedrop instrument of future 3rd party DACs. We have yet to decide whether to use the Nov. 5th snapshot (since a future snapshot may not be possible if mining stops completely), but rest assured that we have a functional testnet, new website and marketing in the works, and an active group of dedicated developers and marketers.

Stay tuned for more information...

I hope we won't need to hear from you anymore here once you got your new website
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Offline emski

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #8 on: November 09, 2014, 10:21:49 PM »
A note regarding our work on the transition of PTS to a standalone DPOS chain:

PTS is alive and well and so is the social consensus. PTS will be the preferred sharedrop instrument of future 3rd party DACs. We have yet to decide whether to use the Nov. 5th snapshot (since a future snapshot may not be possible if mining stops completely), but rest assured that we have a functional testnet, new website and marketing in the works, and an active group of dedicated developers and marketers.

Stay tuned for more information...

Snapshot is possible at any block. Even if mining completely stops there will still be one last block. And that should be the snapshot.

As you cant be sure the mining will stop then a new snapshot should be announced.
That snapshot should be used instead of Nov 5th to start the new PTS DPOS chain.

Offline nomoreheroes7

Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #9 on: November 09, 2014, 10:28:20 PM »
I personally think PTS just needs to die gracefully. PTSers received shares in BTSX and have now DOUBLE dipped into BTS in exchange for their death. On top of this, PTS even now can sell to buy MORE BTSX. I think PTSers are being selfish in wanting to continue receiving shares in 3rd party DACs -- they've already been more than made whole through all the BTS dropped to them. Also, why would BTS want to compete against another chain that it just gifted a huge amount of shares to? Why can't BTS be the target of 3rd party snapshots, as that's where the entire ecosystem's value is and has now flowed into? How can you say that a 3rd party sharedrop to AGS/PTS now is showing support for the hard work of I3 and the team, when they no longer have any affiliation to these tokens whatsoever? In addition, the whole point of the merger was to make things less confusing; continuing PTS just continues to dilute the brand and blur the overall message.

Disclaimer: This is just my opinion; feel free to try and persuade me otherwise. But it truly feels like PTSers want to have their cake and eat it too, and that just doesn't sit right with me.

Offline ticklebiscuit

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #10 on: November 09, 2014, 10:36:33 PM »
Why not using your time with something useful?
Maybe you could build a wallet only bts Client, iOS app, Promotion campaigns or anything related to BTS?
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PTS did its job very well. Don't keep it artificially alive like they do it with the zombiecoin MMC.
My Heart bleeds when I see you guys wasting (y)our time with this sh..

People who wants pts to die need to promise to never buy them again. People who dont should buy them. Fair.  3rd parties choose what they honor. Not us

Offline donkeypong

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #11 on: November 09, 2014, 11:02:30 PM »
PTS will be the preferred sharedrop instrument of future 3rd party DACs.

Really? Last time I looked, PTS and AGS were co-equal in that respect. And now most everyone is in BTS, so a sharedrop might start there for an updated list of community members.

Which 3rd party DACs are upcoming? X, Music, DNS, Vote, Play: all snapshotted.

If there are talented developers working on PTS, why aren't you working on making the existing DACs a big success? Or working on new DACs?

Offline ticklebiscuit

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #12 on: November 09, 2014, 11:18:39 PM »
PTS will be the preferred sharedrop instrument of future 3rd party DACs.

Really? Last time I looked, PTS and AGS were co-equal in that respect. And now most everyone is in BTS, so a sharedrop might start there for an updated list of community members.

Which 3rd party DACs are upcoming? X, Music, DNS, Vote, Play: all snapshotted.

If there are talented developers working on PTS, why aren't you working on making the existing DACs a big success? Or working on new DACs?

Clones of dacs with better marketing or business models.  Maybe competitors  to bts.  Or maybe any of the dacs that are still ideas.

Offline teenagecheese

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #13 on: November 09, 2014, 11:20:13 PM »
DO NOT DO THIS!

1. PTS was given shares in BTS. If it still lives we all just lost value in BTS for no reason
2. To reach a wide audience, as many our saying, new projects can still sharedrop on BTS
3. If people want stake in a specific new DAC they can either get it through a sharedrop on BTS or by investing in whatever the earliest mechanism the devs allow (e.g., fundraiser, etherium-style, placeholder coin, etc.) It will still be effectively the same concept because everyone will have the investment opportunity at the same time. If the devs don't allow for "early adopters" it will be because they did not want to. If they want to allow an early adopter mechanism, they still can.
4. This will confuse everyone even further. Just let it go, keep the ecosystem simple. PLEASE. You are going to hurt BTS if you do this.

I hope people either support me on this or give a good reason why I'm wrong.

Offline donkeypong

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Re: Long live the social consensus, long live PTS! (Stay tuned)
« Reply #14 on: November 09, 2014, 11:31:39 PM »
Alphabar, I really think you should do a poll and see what percentage of the community supports you doing this and using the name PTS.

 

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