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Offline pharesim

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Trade DACs on the NHZ blockchain (BTSX, LTS, PTS)
« on: July 09, 2014, 05:02:48 PM »

Hello bitshares community,

we decided to set up a gateway to allow the trading of bitshares DACs on the NHZ Asset Exchange.
NHZ is a fork of NXT and offers the same features. The fees are a lot lower though, so it's a great platform for economic trading.

You can currently trade PTS and LTS, more DACs will be added as they get available. And of course we will honor PTS at snapshots.

We do not want to keep sole control over your deposits, that's why we're looking for trustworthy partners from this community for a 2-of-3 multisig wallet solution. I know funznuts from Beyond Bitcoin mumble and would propose him (if he is interested, long time no see!), please provide further nominations or applications! We will provide the code, you need a server and a *TS wallet.

http://dacx.nhzcrypto.org
http://forum.nhzcrypto.org/index.php/topic,194.0.html

direct links to the assets on the official NHZ web wallet:
BTSX
PTS
LTS
« Last Edit: July 20, 2014, 07:49:11 PM by pharesim »
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Offline xeroc

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Re: Trade DACs on the NHZ blockchain
« Reply #1 on: July 09, 2014, 08:10:19 PM »
Hug? Pts is not a DAC

Further we can trade pts on the bitsharesx chain ... so why use NHZ?
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bitbro

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Re: Trade DACs on the NHZ blockchain
« Reply #2 on: July 09, 2014, 09:00:25 PM »

Hug? Pts is not a DAC

Further we can trade pts on the bitsharesx chain ... so why use NHZ?

When will we be able to trade PTS on the Btsx chain?  First Im hearing of this


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Offline Simeon II

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Re: Trade DACs on the NHZ blockchain
« Reply #3 on: July 09, 2014, 09:14:34 PM »
They keep important announcement/changes like this secret.
 So, I will bet it is true.

bitbro

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Re: Trade DACs on the NHZ blockchain
« Reply #4 on: July 09, 2014, 09:19:15 PM »

They keep important announcement/changes like this secret.
 So, I will bet it is true.

Waiting for confirmation so I can tell Dan he's done it again!

... Don't worry, hopes not too high, if it's not true


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Offline toast

Re: Trade DACs on the NHZ blockchain
« Reply #5 on: July 09, 2014, 09:19:36 PM »
It's not... Maybe bitbro means it is possible to have a bitasset that tracks pts?
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

bitbro

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Re: Trade DACs on the NHZ blockchain
« Reply #6 on: July 09, 2014, 09:23:49 PM »

It's not... Maybe bitbro means it is possible to have a bitasset that tracks pts?

See xerocs comment above


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Offline toast

Re: Trade DACs on the NHZ blockchain
« Reply #7 on: July 09, 2014, 09:25:14 PM »

It's not... Maybe bitbro means it is possible to have a bitasset that tracks pts?

See xerocs comment above


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ok..

"It's not... Maybe xeroc means it is possible to have a bitasset that tracks pts?"

Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline toast

Re: Trade DACs on the NHZ blockchain
« Reply #8 on: July 09, 2014, 09:26:04 PM »
I mean it is possible to create an asset called "PTS" and then distribute it exactly as PTS holders are distributed at a particular time and then declare "These are the real PTS! dump your old PTS!" but that is not a good idea
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

bitbro

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Re: Trade DACs on the NHZ blockchain
« Reply #9 on: July 09, 2014, 09:26:41 PM »


It's not... Maybe bitbro means it is possible to have a bitasset that tracks pts?

See xerocs comment above


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ok..

"It's not... Maybe xeroc means it is possible to have a bitasset that tracks pts?"

LOLL


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Offline pharesim

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Re: Trade DACs on the NHZ blockchain
« Reply #10 on: July 09, 2014, 09:34:59 PM »
I mean it is possible to create an asset called "PTS" and then distribute it exactly as PTS holders are distributed at a particular time and then declare "These are the real PTS! dump your old PTS!" but that is not a good idea

You could even make AGS liquid that way! :D

No, seriously, we know that there are other ways to trade PTS (maybe even on BTS X, using a gateway like we do).
And for the moment our offer is of limited use, a PTS will cost about 20k NHZ and you can't get rid of those at a reasonable price if you have more than that. The market volume of NHZ isn't high enough yet to cash out.

As soon as we add LTS you'll have a convenient way to exchange PTS to LTS, and it will become more and more practical the more DACs you can exchange against each other.

Nobody is forced to make use of it, but we want to offer the possibility. And we're still looking for someone to cooperate with the multisig wallets :)
« Last Edit: July 09, 2014, 09:40:04 PM by pharesim »
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bitbro

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Re: Trade DACs on the NHZ blockchain
« Reply #11 on: July 09, 2014, 09:56:33 PM »

I mean it is possible to create an asset called "PTS" and then distribute it exactly as PTS holders are distributed at a particular time and then declare "These are the real PTS! dump your old PTS!" but that is not a good idea

You could even make AGS liquid that way! :D

No, seriously, we know that there are other ways to trade PTS (maybe even on BTS X, using a gateway like we do).
And for the moment our offer is of limited use, a PTS will cost about 20k NHZ and you can't get rid of those at a reasonable price if you have more than that. The market volume of NHZ isn't high enough yet to cash out.

As soon as we add LTS you'll have a convenient way to exchange PTS to LTS, and it will become more and more practical the more DACs you can exchange against each other.

Nobody is forced to make use of it, but we want to offer the possibility. And we're still looking for someone to cooperate with the multisig wallets :)

+5%


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Offline bitmeat

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Re: Trade DACs on the NHZ blockchain
« Reply #12 on: July 09, 2014, 10:04:54 PM »
I've already suggested we make AGS liquid that way. But it's important to note that it won't be a BitAsset, rather just an asset.

bitbro

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Re: Trade DACs on the NHZ blockchain
« Reply #13 on: July 09, 2014, 10:15:42 PM »

I've already suggested we make AGS liquid that way. But it's important to note that it won't be a BitAsset, rather just an asset.

Right, it would have actual value (( ...By being backed by future bit assets), assuming bit assets will have value)


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Offline donkeypong

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Re: Trade DACs on the NHZ blockchain
« Reply #14 on: July 09, 2014, 10:44:48 PM »
I don't see why, with all the good stuff on the way here, we would want to move any of it to an NXT-type blockchain? Bitshares is far better already.

 

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