Quote from: Amazon on November 27, 2013, 04:36:31 pm

Make sure you enter alt names in "Backup Keyhotee IDs if first choice is taken" box when you purchase through Invictus website.

I had made a mistake,I choice just one ackup Keyhotee ID . I had sent the PTS ,How can I add my backup IDs now?

Just use the form again, filling it in the same way you did last time and tell us what you'd like to do in the "message" box.

Quote from: bytemaster on November 29, 2013, 02:59:46 pm

Keyhotee us the wallet for bitshares and also tests the broadcast infrastructure.

I hope Keyhotee will be "one wallet for bitshares", not "the". Only complete openness and diversity makes (should make) things successful!
You don't have to rely on Keyhotee to use bitshares, do you?

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The name chain also tests parts of bitshares.

Ok for me.

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We are working on as much in parallel as possible.

I believe you - though I'm not convinced it's the right way (to do it all at once).

Nothing we do remains closed, exclusive or centralized.

With a hat-tip to the WeTube Alternative DAC threads...

It is also my opinion that the persons who do most of the efforts should be the initial shareholders of this company, just like it happens in the real world. Do you imagine Steve Jobs doing what he did knowing that he had only 0.0001% of the company he just created? No, he had a good share because he took the risks and has the ideas (it is irrelevant if after some years he sold them).
...
So I propose something that would not like very much to speculators, but certainly will motivate programmers and serius investors to do serius work here.
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Because I know that there are people who want to invest but don't have any skills to contribute, we can also create a ProtoMediaShares, similar to what Protoshares is, that could be converted to WeTube DAC's shares at the launch, at some proportion. We are open to this proposition if we still give programmers something like 3/4 of the total initial shares. But some shares could be given to miners-only with a moral condition: please promote WeTube!
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And what part of the stock do we reserve for programmers and miners? I propose 10% for programmers and 2.5% for miners. The 87.5% left is reserved for workers to be earn slowly once the system starts running. 10% is really a lot if we consider that this DAC could become the next Youtube.

Here is some innovative proto-DAC thinking that deserves to be highlighted outside its home thread.  I'd like to see more discussion about "acceptable" ways to motivate and enable more developers to develop more DACs.  After all, we as ProtoShareholders now have a vested interest in seeing lots of high-quality DACs fielded and backed by strong teams of developers willing and able to see them through to stand-alone autonomous operation.

Proto-DACs would seem to be a way to attract DAC-specific investors and developers the same way ProtoShares attracts global visionaries and industry leaders.

I'm calling it to the attention of the DAC Angel community and would like to hear thoughts about how ideas like this can increase the value of the PTS we currently hold.

Is Keyhotee forked from PTS? And if so, how can you use your PTS to credit your id if you have to mine them aka different private keys...

Keyhotee is an application for secure interaction with people and DACs.  It does not have a tradable currency itself, but it will have a wallet for managing other currencies.  Its underlying block chain is for storing free Keyhotee IDs where just a little proof-of-work mining in the  background secures your free ID for a year.  As a user, you don't even have to think about this.  As long as you run Keyhotee about a day per year, your free ID is renewed.  If you get hit by a bus, your free ID name (not your associated private information) becomes available for someone else to claim after one year of no use.  IDs are not transferrable so there is no motivation to reserve names you don't plan to use.  Keyhotee Founder IDs, however, never expire.

Quote from: bytemaster on November 22, 2013, 11:29:02 pm

Now that ProtoShares have largely been distributed, we would like to announce the formation of the ProtoShares Stakeholders Group.  This group will be restricted to those who have over 1000 PTS and would like to work with Invictus Innovations to increase the value of your shares.  We have some major plans in the works and would like you all to be involved.

Please send me a PM or contact us via our website so we can add you to this mailing list.   We are all partners now in the success of ProtoShares and we can do more by working together.

Anyway to have DAC "little" Angels?  I'd love to get in on some action but I have only 280 as of now

Stay tuned... 

Also, I'm not sure if you addressed my other question. Let's say Alice has 1PTS which she redeems for 1BTS. She then sells her 1PTS to Bob for 10BTC (It doesn't hurt to dream! ). Bob takes the 1PTS he just bought and attempts to use it to redeem 1BTS. What happens?

It is not a redemption process.  At one specific point in time, when PTS reaches a specific pre-announced block number in its block chain, the forked BTS DAC will initialize a "matching" genesis block.  Whatever PTS you hold as of that block get duplicated into the new DAC.  Then its over.  Alice will have 1 PTS and 1 BTS.

There is no way to recycle your new BTS shares back around for a second forking iteration.  That's what trading exchanges are for.   

Quote from: ruletheworld on November 25, 2013, 01:39:46 pm

Quote from: 8bit on November 25, 2013, 11:31:50 am

Once you redeem your BTS from your PTS, is there any point in holding onto PTS? Also, once PTS are already used to redeem BTS, can they not be used again? So someone buying PTS won't know if they're getting PTS+BTS or just PTS?

You never lose your PTS, you'll just get additional shares in every DAC. So say if you're holding on to 100 PTS at the launch, after the launch of BitShares, you'll have 100 PTS + 100 BTS. The value of PTS might fall but it still has value because Invictus or other community members might come up with other DACs in the future and honor the same social contract of giving initial shares to PTS holders. Invictus has publicly announced their social contract - every DAC they create will be forked from ProtoShares which means by holding ProtoShares, you get a share of each of the Invictus DACs in the future. That's why they're valuable.

Ah, I see. Do I get Keyhotee rep/name for holding PTS?

Is there incentive for other groups to release their DACs forked from PTS? Or is the success of PTS post-BTS launch pretty much entirely dependent on the success of Invictus' other DACs?

Regular Keyhotee IDs are mined for you by Keyhotee at no cost other than a little of your computer's time for proof of work purposes.  They are first-come first-served by the Keyhotee network.

The incentive for other groups to honor the ProtoShares Social Contract is that they instantly get the attention and buy-in of everybody who already understands and believes in the potential of DACs.  All the early adopting True Believers by definition are ProtoShareholders.  We believe that the desire to inherit that community, (and the fear that if you don't honor them you leave the door open for a competitor to do so) will cause a lot of third party developers to honor the social contract. 

The existence of a knowledgable and motivated DAC Angel community of potential investors interested in leveraging their PTS holdings might also influence whether they want to go it alone or not.