BitShares Forum

Other => Graveyard => KeyID => Topic started by: cube on October 26, 2014, 04:14:47 pm

Title: KeyID end-of-live. What happens to the KeyID accounts?
Post by: cube on October 26, 2014, 04:14:47 pm
Any idea how the KeyID accounts would go into the new BTS system?  Will there be some kind of merging of two sets of accounts - KeyID and BTSX? Or are they replaced with a new set of BTS accounts?
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: xeroc on October 26, 2014, 04:25:51 pm
There will be no merge. Only an airdrop wich results in a greater overall supply for BTS(X).
You will be able to claim your stake but I do not believe you can import your DNS accountnames.
I think so too ..
This will require some certain steps to redeem your airdropped funds ... and we should probably come up with an ELI5 tutorial on how to redeem them ..
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: toast on October 26, 2014, 05:31:34 pm
I'd like to put the key graph onto BTS. There you will have a "keyID" but they will not be actual accounts, just named keys. I could import names from keyID at the snapshot date.

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Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: cube on October 27, 2014, 08:50:46 am
I'd like to put the key graph onto BTS. There you will have a "keyID" but they will not be actual accounts, just named keys. I could import names from keyID at the snapshot date.

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That would be nice.  +5%
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: cube on October 27, 2014, 08:52:53 am
There will be no merge. Only an airdrop wich results in a greater overall supply for BTS(X).
You will be able to claim your stake but I do not believe you can import your DNS accountnames.
I think so too ..
This will require some certain steps to redeem your airdropped funds ... and we should probably come up with an ELI5 tutorial on how to redeem them ..

This clears up.

I suppose a BTS account can claim from multiple owned ex-keyid accounts?
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: xeroc on October 27, 2014, 09:25:02 am
This clears up.

I suppose a BTS account can claim from multiple owned ex-keyid accounts?

For PTS/AGS:
you will need to import private keys that held funds during snapshot into a regular account .. as it was done in BTSX originally .. nothing special

For DNS:
you will probably need to import all your *account* keys as *account* keys in BTS as well to redeem the funds .. importing as it was done in PTS will not work due to TITAN.

1) export you account priv key from DNS with "wallet_dump_private_keys accountname"
2) import into BTS while also creating a temporary local account:
   wallet_import_private_key KEY localaccontnameFoobar true

The latter "true" is important here as it creates a new local account with with the corresponding private/pub key as ACCOUNT key! Thus allowing access to TITAN funds :)

Maybe the devs come up with something much simpler as "importing the DNS backup file" ... or so
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: cube on October 27, 2014, 11:54:34 am
This clears up.

I suppose a BTS account can claim from multiple owned ex-keyid accounts?

For PTS/AGS:
you will need to import private keys that held funds during snapshot into a regular account .. as it was done in BTSX originally .. nothing special

For DNS:
you will probably need to import all your *account* keys as *account* keys in BTS as well to redeem the funds .. importing as it was done in PTS will not work due to TITAN.

1) export you account priv key from DNS with "wallet_dump_private_keys accountname"
2) import into BTS while also creating a temporary local account:
   wallet_import_private_key KEY localaccontnameFoobar true

The latter "true" is important here as it creates a new local account with with the corresponding private/pub key as ACCOUNT key! Thus allowing access to TITAN funds :)

Maybe the devs come up with something much simpler as "importing the DNS backup file" ... or so

Thanks for the explanation.  As suggested, I hope the simpler way would be available. 
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: MessyCoin on October 28, 2014, 02:58:40 am
Looking for advice please...

I have PTS held during the DNS snapshot but have not claimed any DNS yet.

Should I claim the DNS now so that I will later be able to import them into BTS?

Thanks for any assistance.
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: toast on October 28, 2014, 03:02:39 am
Looking for advice please...

I have PTS held during the DNS snapshot but have not claimed any DNS yet.

Should I claim the DNS NOW so that I will later be able to import them into BTS?

Thanks for any assistance.

Doesn't matter, your PTS keys will claim the BTS from the DNS snapshot
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: MessyCoin on October 28, 2014, 03:09:20 am
Doesn't matter, your PTS keys will claim the BTS from the DNS snapshot

Thanks very much for such a quick response.
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: MessyCoin on October 28, 2014, 03:16:46 am
Although, come to think of it I'm still a little confused. DNS is still being traded at Bter. Are these just people speculating that DNS will continue post merger, or will newly acquired DNS be eligible for BTS also. Does the DNS snapshot remain the same as it always was (2014-08-01)? Wouldn't it be advantageous for me to claim the DNS and sell them, then claim the BTS with the PTS?

Apologies that I'm not entirely understanding where everything stands in this situation.

Thanks.
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: toast on October 28, 2014, 03:21:09 am
Although, come to think of it I'm still a little confused. DNS is still being traded at Bter. Are these just people speculating that DNS will continue post merger, or will newly acquired DNS be eligible for BTS also. Does the DNS snapshot remain the same as it always was (2014-08-01)? Wouldn't it be advantageous for me to claim the DNS and sell them, then claim the BTS with the PTS?

Apologies that I'm not entirely understanding where everything stands in this situation.

Thanks.

The snapshot for DNS->BTS is november 5th.
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: MessyCoin on October 28, 2014, 03:42:43 am
The snapshot for DNS->BTS is november 5th.

So, my PTS will be eligible to claim exactly the same amount of BTS as I would be able to claim if I converted PTS->DNS before Nov 5th?

I can forget about claiming DNS before Nov 5th and get the same amount of BTS using my PTS, yes?
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: toast on October 28, 2014, 04:03:15 am
Yes

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Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: xeroc on October 28, 2014, 07:51:14 am
However, you will only be able to withdraw all of you money over a 2 year vesting period ...  i.e. every day you can withdraw a 1/(365*2)-th of you funds!! Keep that in mind ..
Title: Re: KeyID end-of-live. What happens to the KeyID accounts?
Post by: sudo on October 29, 2014, 04:58:44 pm
I'd like to put the key graph onto BTS. There you will have a "keyID" but they will not be actual accounts, just named keys. I could import names from keyID at the snapshot date.

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When  the same BTSx id&KeyID  belongs to different people´╝îmaybe  it wil be some confusion or misunderstanding