Author Topic: How will the genesis snapshot in Dry Runs 11+ be used  (Read 1741 times)

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Offline arhag

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So trading BTSX amounts to trading places on the promotional free samples mailing list for future exchange DACs. 

I sure hope the IRS doesn't view it exactly that way. I wouldn't want my cost basis to go to zero each time BitShares X hard forks for an upgrade.

Offline Stan

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What about descendants of Bitshares X ?
Will they still use Bitshares X snapshot ?
Afaik thats the plan .. BTSX is the Daddy-DAC (citation hackfisher ;) ) for the whole exchange ecosystem

To be precise, the snapshot is supposed to be taken from the evolving BTSX block chain at the time of the new DAC snapshot - not February 28th, 2014.  So trading BTSX amounts to trading places on the promotional free samples mailing list for future exchange DACs. 

BTSX is thus the PTS-like proto-DAC of the Exchange Sector of the DAC Industry.
« Last Edit: August 14, 2014, 12:49:56 pm by Stan »
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 xeroc

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What about descendants of Bitshares X ?
Will they still use Bitshares X snapshot ?
Afaik thats the plan .. BTSX is the Daddy-DAC (citation hackfisher ;) ) for the whole exchange ecosystem

Offline emski

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the AGS snapshot will be used for ALL upcoming DACS as AGS donation period is over ..

for PTS, each DAC has to announce an individual snapshot date and thus has its own snapshot

does this answer your question?
What about descendants of Bitshares X ?
Will they still use Bitshares X snapshot ?

Offline xeroc

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the AGS snapshot will be used for ALL upcoming DACS as AGS donation period is over ..

for PTS, each DAC has to announce an individual snapshot date and thus has its own snapshot

does this answer your question?

Offline emski

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It is the one including all AGS and PTS by the time AGS donation ended.
What for will this snapshot be used ?