I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner
pow just like a Blood drawing machine
It's a pitty BTS vote can't be used right now for all PTS holder to choose the future.
why not do this :
1.snapshot aug21(use the same snapshot with DNS&vote)
2.embedded pts into bitshares x as a Bitasset(new bitshares client)
3.give back the rest pts(300K+) to the ags donater(use pts) & pts keepers(snapshot) by the shares percent
4.let people get pts in bitshares x through the private key(like get btsx)
then we can trede directly pts-cny、pts-btsx in bitsharesx instead of btc38 or bter
PTS as a bitasset in bitsharesx
we can trade pts-bts pts-cny in low fees instead of btc38 0.1%fee
direct pts-bts not pts-cny cny-bts in btc38 with fee 0.2%
pts is just a liquid stock rights ,why not chang into a bitasset in Bitsharesx market?
if PTS(dpos) a new client there will be 101+ new delegate & payment is a waste
pts as a asset in bitshares X with 2m total num is equal to AGS
but if pts is a single dpos , when it burns after few years, maybe pts1.5m, AGS sitll 2m, it's not fair, that's a Naked plunder to agser