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LottoShares / Re: LottoShares DAC - June 5th
« on: May 23, 2014, 02:47:10 pm »
Thanks

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Snapshot+update client is simple & efficient
when once Snapshoted you can convert forever
for example 5years later someone remembered he had bought some PTS at 2013
he find the Wallet.dat opened with PTSx.0 client(maybe 10.0),he still has all the shares。
POB may hurt someon who forget his PTS,hurt someon in prison & can't control the PTS wallet temporarily。
My previous reply of POB considered not thoughtful,sorry。
Quotesimple is the best
steps:
1. Notice Snapshot time in advance & contact the exchange(mainly BTC38&BTER )publish announcement
2. 3I announce DACs will honor PTS2.0&AGS instead of PTS1.0&AGS
3. the exchange(mainly BTC38&BTER ) stop trading(just like 2.28)
4. Snapshot of PTS1.0 & Release PTS2.0 client (with genesis block honoured the PTSer in Snapshot)
5. the exchange(mainly BTC38&BTER ) start trading of PTS2.0
ps
Put the unmined PTS into DAC fund。 Promote the development of DAC ecosystem。
This is the best solution I have heard so far! The only difference to previous proposals is that by not completely kill PTS1, once the snapshot is done and PTS2 is mapped to PTS1, some people might be able to sell their PTS1 to others who haven't followed the thread. Obviously, if we can sell to others worthless PTS1 after the snapshot of PTS2 for anything it is always good but that doesn't make it fair though and might hurt the marketing efforts...
dear stan ,maybe you dont know that most Chinese investors are realy confused and angry. you have to make it clear ,not make things more and more complicated,3i dacs have not growed up yet. pts1 and pts2 co-exist will lead to many serious problems. you have to realize it,things are not
that simple...we discuss a whole day long,we will let someone good in English tell that...but you realy have to shot down pts 1.0....i love 3i and i am one of the most bts holder ....i agree 3i every time, and i wait patiently without any words, but this time, make me feel really really really upset. When i say upset,i mean really upset
stan
why not just use Proof of Burn?
Burn 1pts1.0 you get 1pts2.0 before the deadline
then destroy the address of pts1.0
All the DACs honor PTS2.0&AGS such as Lotto DNS etc.
Proof of Burn would be a good solution in a perfect world where everyone could participate, but it will add time and effort to the upgrade, and it will be perceived as unfair for those missing out on the burn. Even if "burn donations" are accepted over a long time period of several months, there will probably be some who miss out, through sickness, vacations, natural disasters or any number of things that can occupy you for a long period of time.
Those people who miss the burn will be left with worthless PTS1.0 and no way to convert them to PTS2.0. That's not fair, so I prefer letting the two coexist so people can get their PTS2.0 whenever they want.
However, I'm mixed as to whether the remaining 300k shares should be airdropped or not. As Stan points out, giving them to existing holders will give them a 15% dividend, but on the other hand doing a pure airdrop/marketing scheme will dilute them. Let's not forget that those 300k shares are not currently mined, and theoretically represent a dilution of the value of each share if they get instamined this way.
The marketing/airdrops might create buzz and raise the value, but this is still a risk to the investments of current holders. I therefore propose that at least a portion of the remaining 300k shares are distributed to current holders, something like 20% to PTS. I'd even support giving a percentage to AGS holders, as a reward for supporting the development of the technology enabling PTS2.0.
pts2出來的話,應該通知交易所下架pts換成pts2.不要給3i出貨套小白的機會。就是呀,3I出货明显就是套小白的节奏,社区不允许支持PTS,支持BTS的小白蒙受损失。30WPTS的大单出来套人也不少钱。3I脑子怎么想的,明显这些钱作废也不能丢到市场上,更何况本来就是后期DACS的专项资金,拿市场上自己抛售就更不应该了。
ETA of the new PTS DPOS version?don't tell me soon,i hate this world :p..if you can not give any ETA,just ignore me
ok i see , * or winter... I surrender..
"Or winter" was a a reference to the fact that half the planet is "soon" heading into winter.
(I didn't want to be a Northern Hemisphere chauvinist.)
PTS2 will be out as "soon" as XT has proven DPOS is ready for prime time.