BitShares Forum

Main => General Discussion => Topic started by: ripplexiaoshan on December 16, 2013, 05:25:25 am

Title: Timeline of Bitshare
Post by: ripplexiaoshan on December 16, 2013, 05:25:25 am: I am surprised hearing that bitshare might need 2 years to be finally released. We know mining PTS now is not profitable anymore after the difficulty was just doubled, not to mention the price is going down... I doubt people will mine PTS for two years just for waiting for BTS coming out... It's very risky if there is no continuous spur. And the whole product might die without the support of large popularity. Someone wanna comment on this? Thanks.
Title: Re: Timeline of Bitshare
Post by: mitao on December 16, 2013, 05:37:28 am: Bitshares will be released next year definitely.

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Title: Re: Timeline of Bitshare
Post by: que23 on December 16, 2013, 05:41:51 am: Bitshares are out in Q1 2014, I believe.
Title: Re: Timeline of Bitshare
Post by: ripplexiaoshan on December 16, 2013, 06:03:18 am: What will happen to PTS mining when BTS comes out? People will turn to mining BTS I guess, because exchange ratio for PTS with BTS is 1:1
Title: Re: Timeline of Bitshare
Post by: Amazon on December 16, 2013, 06:09:36 am: Quote from: ripplexiaoshan on December 16, 2013, 06:03:18 am
What will happen to PTS mining when BTS comes out? People will turn to mining BTS I guess, because exchange ratio for PTS with BTS is 1:1

Some may decide to switch to BTS mining, but PTS block chain will continue, there will be more DACs supporting PTS in future, so PTS still have it's value.
Title: Re: Timeline of Bitshare
Post by: que23 on December 16, 2013, 06:18:04 am: Quote from: Amazon on December 16, 2013, 06:09:36 am
Quote from: ripplexiaoshan on December 16, 2013, 06:03:18 am
What will happen to PTS mining when BTS comes out? People will turn to mining BTS I guess, because exchange ratio for PTS with BTS is 1:1

Some may decide to switch to BTS mining, but PTS block chain will continue, there will be more DACs supporting PTS in future, so PTS still have it's value.

There will be no BTS mining. Please read: Transactions as Proof-of-Stake & The End of Mining
Title: Re: Timeline of Bitshare
Post by: mitao on December 16, 2013, 06:25:33 am: Quote from: que23 on December 16, 2013, 06:18:04 am

There will be no BTS mining. Please read: Transactions as Proof-of-Stake & The End of Mining

Yes, and also the angleshares may change the BTS allocation. But it is certain that PTS will remain in the market.

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Title: Re: Timeline of Bitshare
Post by: cryptkeeper on December 16, 2013, 11:53:49 pm: I hope so!
Title: Re: Timeline of Bitshare
Post by: kokojie on December 26, 2013, 08:57:53 pm: Quote from: ripplexiaoshan on December 16, 2013, 06:03:18 am
What will happen to PTS mining when BTS comes out? People will turn to mining BTS I guess, because exchange ratio for PTS with BTS is 1:1

* exchange ratio is not 1:1
* there's probably no mining in BTS

PTS mining will just go on like normal