BitShares Forum
Other => Graveyard => BitShares AGS => Topic started by: mx1000 on January 25, 2014, 02:00:38 pm
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So if I readed everything correclty, Protoshares will be merged to AGS when they are fully mined ?
Aka 4M AGS ?
Also if I pay with my BTC adress to the angel shares explorer adress, I get my AGS right ? (share of donated(btc/PTS %wise) / 5000. How can I check my balance then ?
Also how are we sure that dividends in loans of bitshares later on will be paid, and not scammed -> btc bought with and check out :o ?
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So if I readed everything correclty, Protoshares will be merged to AGS when they are fully mined ?
Aka 4M AGS ?
Also if I pay with my BTC adress to the angel shares explorer adress, I get my AGS right ? (share of donated(btc/PTS %wise) / 5000. How can I check my balance then ?
Also how are we sure that dividends in loans of bitshares later on will be paid, and not scammed -> btc bought with and check out :o ?
No
http://www1.agsexplorer.com/ click the balance tab at top
Do your own due diligence before investing
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So if I readed everything correclty, Protoshares will be merged to AGS when they are fully mined ?
Aka 4M AGS ?
Also if I pay with my BTC adress to the angel shares explorer adress, I get my AGS right ? (share of donated(btc/PTS %wise) / 5000. How can I check my balance then ?
Also how are we sure that dividends in loans of bitshares later on will be paid, and not scammed -> btc bought with and check out :o ?
No
http://www1.agsexplorer.com/ click the balance tab at top
Do your own due diligence before investing
Ah really missed that part, my fault.
Now BitShares AGS is lateron the currency/function of BitShares X ?
Like AGS == euro's while X is bank system ?
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Bishare X is the bank that's right.
AGS and PTS gives you shares in Bitshare X bank. Let's call those shares bex. Bex are used as collateral to create bitassets like bitEuro, bitUSD. So your example should look like that :
AGS == bex and Bitshare X is the bank system
So :
AGS&PTS==bex
bitEuro==Euro
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Last question, and maybe the most important one.
The 4M bitshares, is that the hard limit or will it be sorta-mineable ?
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For Bitshare X there will only be 4 M bitshares.
2M BTS will be allocated to PTS holders
2M BTS will be allocated to AGS holders.
There is no mining it uses Consensus + Proof of Stake for securing the network.
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For Bitshare X there will only be 4 M bitshares.
2M BTS will be allocated to PTS holders
2M BTS will be allocated to AGS holders.
There is no mining it uses Consensus + Proof of Stake for securing the network.
Then if there is a hard limit of 2 PTS aswell, why the fuck would people switch there PTS to AGS currently ?
Or am I the only one missing something here ?
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For Bitshare X there will only be 4 M bitshares.
2M BTS will be allocated to PTS holders
2M BTS will be allocated to AGS holders.
There is no mining it uses Consensus + Proof of Stake for securing the network.
Then if there is a hard limit of 2 PTS aswell, why the fuck would people switch there PTS to AGS currently ?
Or am I the only one missing something here ?
https://bitsharestalk.org/index.php?topic=2444.msg30057#msg30057
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For Bitshare X there will only be 4 M bitshares.
2M BTS will be allocated to PTS holders
2M BTS will be allocated to AGS holders.
There is no mining it uses Consensus + Proof of Stake for securing the network.
Then if there is a hard limit of 2 PTS aswell, why the fuck would people switch there PTS to AGS currently ?
Or am I the only one missing something here ?
My guess is that your very narrow focus on self interest causes you to miss the bigger picture, ironically enough to your own longer term detriment.