So has the spending value of my stake as a ProtoShare holder been reduced through the introduction of Angelshares? I see that the awarded percentage of BitsharesX was raised to 5:1 but because of the imminent split of the pot with Angelshare holders that raise can evidently not be profound. Or has the total number of to be awarded BitsharesX also been raised?
The total number of bitsharesX has been *lowered* and this is *good* for PTS holders.
It used to be ~10% PTS holders (1:1 PTS:BTS but there would be ~20M BTS) and 90% to miners.
Now it's 50% to PTS and 50% to AGS.
If you're in it for the BTS, you're better off now. Really the only people who are upset are people who wanted to hold PTS but sell before BTS came out, because now it's as if all the future miners are able to sell right now.
Also, sorry if that information is redundant but, do I need to donate my Protoshares in order to receive BitsharesX? I thought this transition was designed to happen smoothly inside my wallet where I am encouraged to hold my PTS at the issue date of BTS
You don't need to do anything, just hold on to your PTS wallet. You can donate to AGS if you want to get a bit more BTS per PTS.