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Main => General Discussion => Topic started by: alexkravets on July 21, 2014, 07:53:01 am

Title: Per PTS coin allocation in BTSX genesis block
Post by: alexkravets on July 21, 2014, 07:53:01 am

How many BTSX should be allocated for each PTS coin held on Feb. 28th ?

I heard 644, when inspecting the genesis block found her https://raw.githubusercontent.com/BitShares/bitshares_toolkit/master/libraries/blockchain/genesis.json

I noticed that for each PTS coin I would receive roughly 322 BTSX or half the expected amount.

If PTS holders are entitled to 50% share and there were roughly 1,552,000 PTS coins in existence on Feb 28th, shouldn't each receive 644 ?

What gives ?

Title: Re: Per PTS coin allocation in BTSX genesis block
Post by: evolvo on July 21, 2014, 03:42:06 pm

I would also like to know why there appears to be this inconsistency

Title: Re: Per PTS coin allocation in BTSX genesis block
Post by: yellowecho on July 21, 2014, 04:06:15 pm

Lookup your BTS allocation in the AGS explorer and multiply by 500.

Amount of BTS using PTS is contingent on the daily donation not nominal PTS at the snapshot


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Title: Re: Per PTS coin allocation in BTSX genesis block
Post by: mint chocolate chip on July 21, 2014, 05:05:48 pm

Quote from: yellowecho on July 21, 2014, 04:06:15 pm

Lookup your BTS allocation in the AGS explorer and multiply by 500.

Amount of BTS using PTS is contingent on the daily donation not nominal PTS at the snapshot


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That is for people who donated PTS for AGS, I think the OP is looking for those that possessed PTS at the snapshot date.

Title: Re: Per PTS coin allocation in BTSX genesis block
Post by: toast on July 21, 2014, 05:23:01 pm

What's going on is that in this genesis block, *all* balances are scaled down by 2, including AGS.
But internally, we scale everything to the money supply as specified in the config file (https://github.com/BitShares/bitshares_toolkit/blob/master/libraries/blockchain/include/bts/blockchain/config.hpp)

The genesis block as generated by the tool was made on the assumption that the supply is 4m, but now it is 2b, but all balances are adjusted accordingly.

Nearly had a heart attack...