More detailed information will be available on the coin's launch, with a 1 week period where block rewards are phased in. It'll be somewhat similar to the original MemoryCoin, so if you can't wait, you can read about that on the BitCoinTalk forum thread.

For now I just really wanted to advise ProtoShares holders of the distribution block - 32000, by my calculations this should be in 2 or 3 days time.

Excuse my ignorance, but I am not getting it, we will have to import our Protoshares private keys into Memorycoin wallet before block 32000 ?

No, you can import your private key any time - indeed you can sell all your ProtoShares on block 32001, and import your private key a year later - the MC will be waiting for you on the block chain. The only thing you might want to do is move funds from a third party to a private wallet to ensure you are in control of the private key at block 32000.

BTW, I am interested into the voting system, where can I read more of it ? I am interested in developing a web frontend for it.

More details to follow, but the basics of it are the voting is proportional to the number of coins you own, there are 5 positions and 1 charitable donation. Votes are made by sending a small number of satoshi to a specially formatted address, multiple preferences are allowed. A web interface could provide information about the votes, but people need their private keys to send even satoshi, so I don't think people could make votes directly on the web. People vote with their wallets in the most literal sense.

I'm proud to announce the first distribution for ProtoShares owners.

ProtoShares owners collectively will receive a 1% stake in the relaunched MemoryCoin - MemoryCoin 2.0.

Balances will be calculated at block 32,000 and the distribution will take place in the genesis block of MemoryCoin 2.0. Coins will be awarded on a 1:10 basis - so if you have 10 ProtoShares, you'll receive 1 MemoryCoin. Fractional amounts will be awarded, but some lower limit may be enforced due to size constraints.

You'll need the private keys for your ProtoShares balance to claim your MemoryCoin distribution. If your balance is held at an exchange, the exchange will hold the private keys and be able to make the claim. However it is uncertain how different exchanges will handle this. To be certain of receiving your full distribution, I recommend holding your full balance off-exchange, and in a single address for simplicy.

MemoryCoin 2.0 will have a similar parameters to ProtoShares, but will have improved difficulty re-targetting, a memory-hard PoW, and voting and payments in the blockchain for 5 office-holders, CEO, CTO, CNO, CMO, CSO and 1 charitable donation, CHA.

Okay - worked it out, for a ProtoShares public address PXXXXXXXXXXXX

It must undergo this transformation -

   DecodeBase58Check(address,v);
   v[0]=newVersionByte;
   string result = EncodeBase58Check(v);

The Protoshares private key UXXXXXXXXXXXXXXXXXXXXXXXXXX

must undergo the same transformation.

It would probably be sensible for ProtoShares to be able to dumpprivkey with a parameter specifying the versionByte - this will allow it to create private keys that can be used on other DACs

I agree, considering the color scheme did not change it shouldn't affect our designs.  Super3 and Brian are in charge of this decision going forward.

http://www.forbes.com/sites/marcbabej/2011/10/03/how-do-you-know-when-its-time-to-change-your-companys-logo/

Given the importance of a logo and the expense of executing a chance, you’d expect companies to err on the side of “if it works, don’t fix it”. But there are two types of vested interests that can skew decisionmaking: First, there are still a few marketers out there who define success in terms of revamped marketing communications and branding – and a logo redesign is one of the surest ways to look like you’re making a change.

Hmmm - changing the logo is not just a design decision. The more I think about it, the more I think its a bad idea. I doubt we'll see any direct effect of it, but recognition will suffer and it sends a message of variability and transience. Entirely the wrong message.

More details on the MemoryCoin 2.0 PoW

https://bitcointalk.org/index.php?topic=355532.new#new

I'm going to try to keep the interface as similar to ProtoShares as possible, so that infrastructure developed for ProtoShares can be deployed for MemoryCoin too.

I prefer the original too, but maybe because I had a hand in choosing it. This one does look very similar to the well known gamecube logo.

Sybil attack

Yes, I think you couldn't go any deeper than 2 levels - but that still leaves miners incentivized to introduce new miners. Actually I think it requires relatively few code changes too.

But perhaps there are better ways to get miners to recruit new miners. Any ideas?