BitShares PTS2 - Community Input Thread

[Agent86]

To proof dpos we need a working dpos chain ... so we also need the wallet

I know.

But I am not clear about what exactly Stan meant. There are so many terms which can easily cause confusion.

The 'XT' may be the XT wallet and P2P network based on DPOS that will be released in the coming weeks, and also may be the whole XT product that will be after Me in the coming months.

So which one？

I think you might be confusing Bitshares XT with Bitshares X.  Bitshares XT is the soon to be released "test" chain (that is what the T stands for) for the final product Bitshares X.

[muse-umum]

To proof dpos we need a working dpos chain ... so we also need the wallet

I know.

But I am not clear about what exactly Stan meant. There are so many terms which can easily cause confusion.

The 'XT' may be the XT wallet and P2P network based on DPOS that will be released in the coming weeks, and also may be the whole XT product that will be after Me in the coming months.

So which one？

[xeroc]

To proof dpos we need a working dpos chain ... so we also need the wallet

[muse-umum]

expected date for the transition? 1week?, 2 weeks?, 3 weeks? ,1 month?, +2 months?

This is the next thing we plan to work on after XT has proven DPOS is ready for use across all our products.

Which XT？ The XT wallet which will be launched soon OR the whole XT ？

[xeroc]

• Insert your favorite category here...

charity !!!

Edit:
@stan: did you read my pm?

[Stan]

Stan: please then focus on marketing and describe you incentives so that everyone (espescially pot. Newcomers) understand your desicions .. otherwise i can see way they will not call it a premine!!

Have we considered a charity fund? maybe with a nlocktime?

Ok, now we are getting to the topic I was trying to get started!   

There have been many ideas discussed on this forum during the past few months

General categories:

• Airdrop to other communities.
• Donations to the Jamaican Bobsled Team or World Peace.
• Teaming with another community that specializes in buzz.
• Huge ad campaigns.
• Give major opinion makers a free stake.
• Offer incentives for getting involved - download wallets and/or Keyhotee
• DAC-specific promotions - e.g. prizes every week for the best new BitShares ME offering.
• Elon Musk's viral method of $10 for every new Keyhotee user an existing Keyhotee user recruits
• Insert your favorite category here...

We are looking for great ideas and hope to come up with a potent mix.

[Stan]

I don't see the reason that we need to keep PTS1 alive.

let that thing die! Cant be use for spending anyway .. confirmations take several hours atm

Why bother changing pts1 when be can go for dpos

That is exactly what we are proposing.  PTS2 is a new DPOS chain whose snapshot honors PTS which will then be abandoned.

[xeroc]

BEFORE diff retarget in twoish months I hope!!!!

[Stan]

expected date for the transition? 1week?, 2 weeks?, 3 weeks? ,1 month?, +2 months?

This is the next thing we plan to work on after XT has proven DPOS is ready for use across all our products.

[mf-tzo]

expected date for the transition? 1week?, 2 weeks?, 3 weeks? ,1 month?, +2 months?

[Stan]

I don't see the reason that we need to keep PTS1 alive.

。
the only reason PTS1 alive is for 3i to dump their coins

I3 should do it's best to halt trading on PTS1 a day or 2 before the snapshot.  It's beyond unethical in my opinion for I3 to dump their PTS on unsuspecting buyers and create a situation where we can do the same.

I totally agree.  We must do all in our power to make sure PTS is not misrepresented after the snapshot.  That means working to get it off the exchanges in a coordinated way.

After that, it should shut down quickly.

[Stan]

I don't see the reason that we need to keep PTS1 alive.

We don't want to keep it alive.
We want everyone to move to PTS2 as soon as possible.
But PTS lives on as long as people still mine it.
PTS is a free agent.  Autonomous.  No one has the power to kill it.

That said, since we are supporting PTS2, I would expect PTS to fall into disuse pretty quickly after the PTS2 snapshot.

The only reason for even discussing this is to address concerns expressed by some about the right of Invictus to offer an upgrade and what the implications of the Social Consensus are.

So, if we reach consensus this can be done easily.

If not, we have to fall back on what everybody has the right to do:  release a competing chain and see if it catches on.

[xeroc]

[JakeThePanda]

I don't see the reason that we need to keep PTS1 alive.

。
the only reason PTS1 alive is for 3i to dump their coins

I3 should do it's best to halt trading on PTS1 a day or 2 before the snapshot.  It's beyond unethical in my opinion for I3 to dump their PTS on unsuspecting buyers and create a situation where we can do the same.

[lzr1900]

I don't see the reason that we need to keep PTS1 alive.

。
the only reason PTS1 still alive is for 3i to dump their coins