Quote from: GaltReport on October 22, 2014, 11:34:19 pm

Will it be possible to delegate your vote to someone to act as your proxy?  For example, if you didn't feel qualified to vote intelligently on a proposal, could you designate BM or some other trusted shareholder as your proxy?

Personally, I would love to see liquid democracy features on the blockchain. I think Key Graph could help with that. I wonder how computationally expensive it would be to do it right though.

Edit: Perhaps we could borrow some ideas for the Electoral College. The DAC can distinguish between regular accounts and electors. Anyone can register to be an elector just like anyone can register to be a delegate. Then using approval voting the regular accounts can vote with their stake on the electors. You rank the electors by approval rating and pick the top N. The regular accounts can then split their voting power and delegate it to any of the electors however they wish as described in my Key Graph post. Then the electors can acyclically delegate their received voting power to each other as they wish with the full power of liquid democracy. The point of this extra step of indirection would be to reduce the number of rows in the eigenvalue problem to N. This means if N is a reasonable number it becomes computationally feasible to calculate the voting power of each elector in a reasonable time, which would then be used to calculate the elector's approval or disapproval of a proposal through the typical way. Note that I would still want the typical stake directly votes on delegate proposals for important matters like hard forks. But for less important matters, I think this would be an acceptable compromise that allows voting to be agile and pragmatic.

Quote from: GaltReport on October 22, 2014, 10:26:08 pm

Quote from: OldMan on October 22, 2014, 10:21:47 pm

Yet another example of why Bitshares has the best dev team in the business.

Remember, all investments are ultimately investments in people.

Good advice.

mmmmmmmmmmmmmmm

you are right. so i just invested in the wrong people - oh, sry - they are the same you are talking, but maybe you are on the sunny side of the merger and i am not 

Quote from: GaltReport on October 22, 2014, 10:17:54 pm

So, people can buy DNS and PTS now (before November 5) and get it merged into BTSX right?

Yes.. with 2 year linear vesting.

Quote from: GaltReport on October 22, 2014, 10:07:25 pm

Quote from: Riverhead on October 22, 2014, 10:04:55 pm

Quote from: GaltReport on October 22, 2014, 09:58:56 pm

Quote from: Riverhead on October 22, 2014, 09:54:32 pm

Quote from: GaltReport on October 22, 2014, 09:46:34 pm

getting a little confused.  Can someone explain exactly what snapshots of what are being merged?

There is the original DNS & Vote Snapshots and the upcoming PTS snapshot and is their now another DNS snapshot pre-announcement or is that replacing the original DNS?

Edit: and AGS

It's the original snapshots as in the now infamous "Proposed Allocation for Merger" thread for all assets on November 5th. The only additional thing is that I3 is going to gift their share of the DNS allocation (about 10% of DNS supply) to all DNS addresses on the block just prior to the thread post that 1) Had a balance and 2) Are not in the genesis block. There is no action required: You either are going to get additional airdrop from this or your not.

So, where is the Vote and DNS snapshots coming from?  The original snapshot or a new one on November 5?

The November 5th snapshot will go off as planned without change. Although Vote was never released for public trading the snapshot still happened on Sept 21st so the allocations are known. Since it wasn't publicly traded there wasn't anyone that bought in over and above their allocation.  I3 will then send the BTS they got from their DNS to addresses as above. They are just using the pre-thread-post-date as a date to get a list of the addresses their going to distribute the their BTS to.

Is it this?

Vote: Original Snapshot
DNS: Original Snapshot plus special pre-announcement snapshot (coming from I3)
PTS/AGS: November 5 snapshot

No, DNS is november 5th plus special pre-announcement subsidy. I'll make another post to clarify DNS end-of-life.

Quote from: GaltReport on October 22, 2014, 09:46:34 pm

getting a little confused.  Can someone explain exactly what snapshots of what are being merged?

There is the original DNS & Vote Snapshots and the upcoming PTS snapshot and is their now another DNS snapshot pre-announcement or is that replacing the original DNS?

Edit: and AGS

It's the original snapshots as in the now infamous "Proposed Allocation for Merger" thread for all assets on November 5th. The only additional thing is that I3 is going to gift their share of the DNS allocation (about 10% of DNS supply) to all DNS addresses on the block just prior to the thread post that 1) Had a balance and 2) Are not in the genesis block. There is no action required: You either are going to get additional airdrop from this or your not.

Quote from: bytemaster on October 22, 2014, 02:21:45 pm

Quote from: springlh on October 22, 2014, 02:19:53 pm

Quote from: toast on October 22, 2014, 01:01:09 pm

I did not approve the allocation BM posted and am furious about the crash in value. I did not see this coming and had been advising everyone that it won't matter what you held.

I am for the merger, but BM's execution seriously fucked people who supported me...

Sent from my SCH-I535 using Tapatalk

Toast, I agree, I'm also for the merger, but the current plan is just like a swallow up to me.... I'm a big fan of the whole DNS / Keyid project and have put a lot of my money to it when the market went up to 400 satoshi....
now... bm want to "merge"?? my money to his super DAC at 150 and still think this is a good idea, sorry, I don't buy it.... it's a robbery...

We all get to choose how to look at things, I didn't take your DNS shares, I gifted you BTS stake.    DNS folks are still free to compete.

You know what, actually I think this is a good... I think a simple DNS system is even better than a "all in one" DAC.... people who need DNS / Keyid doesn't necessarily be the user of X, Music and Vote....
In fact, I think if Toast can keep on working on the DNS / Keyid project ... we could gain more supporters in that DAC....

I did not approve the allocation BM posted and am furious about the crash in value. I did not see this coming and had been advising everyone that it won't matter what you held.

I am for the merger, but BM's execution seriously fucked people who supported me...

Sent from my SCH-I535 using Tapatalk