BitShares Forum
Main => General Discussion => Topic started by: alphaBar on December 15, 2014, 04:29:22 am
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The new DPOS-based PTS chain has just signed its first blocks!
Block times are still a little irregular, but will stabilize once all delegates have their gear up and running.
Source: https://github.com/PTS-DPOS/PTS/tree/v2.0
Linux packages: http://software.opensuse.org/download.html?project=home%3Ap_conrad%3Abts&package=PTS
Windows build: https://github.com/PTS-DPOS/PTS/releases
Thanks to all forum members for their support, and special thanks to our initial delegates!
Source: http://pts.cubeconnex.com/index.php?topic=71.0
Edit: Specifications
* 10 second block confirmation (!)
* Supply will be scaled to 1,000,000,000 (1 Billion) PTS
* Absolutely no inflation or dilution of the supply, now or ever
* Current PTS-holders will receive their exact proportion of stake in the new chain as of the snapshot date
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congratulations on the first DPOS-"coin" :)
can you add final distribution/sharedrop to your OP and what you finally did with "unmined" coins?
just so we have something to point people to
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congratulations on the first DPOS-"coin" :)
can you add final distribution/sharedrop to your OP and what you finally did with "unmined" coins?
just so we have something to point people to
Thank you! Post is edited to include specs. We did not modify the allocation at all and did nothing with "unmined" coins.
Long answer: Mining reward represents payment from shareholders for the service of block confirmation. Now that mining will cease there is no service to pay for. Even today miners have largely abandoned the PoW chain, so it seems there was not much incentive for either party. DPoS was designed specifically to fix this flawed incentive structure. One fundamental point of differentiation between PTS and business DACs such as BTS is that PTS will be non-dilutionary from the first day. We do not wish to replicate the business model of BTS, which is directed towards disrupting a variety of industries and requires an aggressive monetization strategy (ie, dilution). Our strategy is to be a stable unit of account, launching pad for new DACs, and DAC-agnostic sharedrop instrument. Cheers.
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Congratulations! I'm a big fan of the principles on which PTS DPOS was founded & I wish you all the very best of luck & much success.
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Anti-congratulations :D
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Congrats, block explorer available here: http://pts.bitsharesblocks.com
PS. Ignore the USD price plot for now, it's using the old PTS..
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anyone working on Mac version of PTS wallet?
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good,i am waiting to dump my pts.
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Can we get a mac version please?
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Can we get a mac version please?
I'm with you - cube is working on it!
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Can we get a mac version please?
I'm with you - cube is working on it!
What is pts goinv to be used to buy? Why would someone use a sharedrop target to buy stuff? This doesnt make sense.
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Can we get a mac version please?
I'm with you - cube is working on it!
What is pts goinv to be used to buy? Why would someone use a sharedrop target to buy stuff? This doesnt make sense.
It only makes sense if you're in the "pump" phase of your pump n dump and you're trying to give the impression that this coin has multiple great features...it's a coin, it's dpos, it's sharedrop, it's non-inflation, it's upgrade, it's endorsed by Bytemaster, it's no pre-mine (even though all are owned already), it's where new DAC's will gift you shares. Gotta drum up some buzz to create dat market.
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another dump/pump game, enjoy yourself...
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...it's a coin, it's dpos, it's sharedrop, it's non-inflation, it's upgrade, it's endorsed by Bytemaster, it's no pre-mine (even though all are owned already), it's where new DAC's will gift you shares. Gotta drum up some buzz to create dat market.
You had me in the beginning but by the end you crafted a fairly compelling PTS slogan. Not sure where the pump and dump fits in, but the competitive advantages you listed here are spot on!
* The original sharedrop token - check
* DAC-agnostic implementation of DPoS - check
* Provably fair 100% proof of work distribution - check
* Deflationary protocol - check
8)
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...
* The original sharedrop token - check
* DAC-agnostic implementation of DPoS - check
* Provably fair 100% proof of work distribution - check
* Deflationary protocol - check
8)
It is a dream coin comes true. :)