No actions to take on your part aside from making sure your PTS is in your local wallet (not on an exchange) prior to Feb 28th. Once the snapshot is taken we will begin preparing for release. After we have released the code you will be able to import your wallet at any time and you will be good to go.
No extra steps.
Thanks bytemaster, but I'm still confused. You say that "we have decided to recommend that all future chains based upon the concept behind BitShares X be initialized with a snapshot (100%) of the state of BitShares XT around the time of their launch". It seems to me that there are two snapshots, one of AngelShares/ProtoShares around Feb. 28 in order to claim BitShares XT, then another of BitShares XT around launch time in order to claim my stake in future chains based on the concept behind BitShares X. Is this the case, or is there only one snapshot, that of AngelShares/ProtoShares on Feb. 28, which the distribution of both BitShares XT and all future chains based on the concept behind BitShares X will be based?
If the latter is true, than I understand that there are no extra steps. If the former is true, then does this not mean that I have to ensure that I have downloaded the bitshares client and claimed my bitshares (from AngelShares) before this snapshot of BitShares XT is taken in order to claim my stake in future chains based on the concept behind BitShares X?
There will be two snapshots.
The first one will copy all AGS/PTS addresses with a positive balance at that time and assign them their BTS balances. This copy will be in the first block (genesis block) of the BTS chain.
The second snapshot will then copy all BTS addresses with a positive balance at a later time to incorporate them in the genesis block of the new chain.
--> If you never touch your BTS before the second snapshot they will still be sitting in the genesis block of the first BTS chain. This balance will of course be copied in the second snapshot.