I sold one unregistered Keyhotee ID in Jan., but I never provide the founder address private key to anybody. How the ID founder could claim the AGS, by ID or founder private key? I just wanted to sell the ID, not the AGS. Anyone can clarify this?

https://bitsharestalk.org/index.php?topic=2465.msg31959#msg31959

One question, I bought a Keyhotee ID from III last year and never registered. Is it possible to register it anytime or do I have to register before the genesis block created?

I would like to give you a calculation for the AGS and BTS.

See below quote to get the background

Quote from: zhrmghgsc on January 02, 2014, 02:51:35 am

Quote from: bytemaster on January 02, 2014, 02:46:52 am

Quote from: zhrmghgsc on January 02, 2014, 02:45:20 am

Do AGS 1:1 map to BTS? For example, if one investor has 100 AGS, can he claim 100 BTS by 100 AGS? Or only 10%=10BTS? If only 10%, I do not think this is a good idea. Please clarify.

If Investor has X AGS out of T total AGS issued then they get   X/T * 2000000 BTC out of a total of 4M BTC.

Dan

The T should equal to 200M from the beginning of this thread, or still changing?

T = 20,000 today, grows by 10,000 per day.

Question:
If one investor has X AGS, how many BTS will he claim in the futhure?

Assumption:
The total AGS issued is T.

Solution:
Let say the investor will get Y BTS eventually.

Y=X/T*2000000 BTS.

Example:
Take Jan 1st, 2014 for example, the investor who donate 500 PTS for AGS, then how many BTS will he get finally?

Solution:

As bytemaster mentioned, T=20000 on Jan 1st, 2014. And the total PTS received in foundation PTS address are approximately 2270 PTS on Jan 1st, 2014. So the answer is simple:

X=500/2270*5000 AGS=1101.32 AGS

Then,

Y=X/T*2000000 BTS=1101.32/20000*2000000 BTS=110132 BTS

What amazing calculation! But is it true???

a) If III company only issue 20000 AGS, above calculation is correct and fantastic.
b) If III company issue 2000000 AGS eventually, then Y=1101.32 BTS.
c) If III company issue AGS more than 20000 and less than 2000000 eventually, what do you think? Let say issue 1000000 AGS finally, then Y=1101.32/1000000*2000000 BTS=2202.64 BTS.

So the investor throw 500 PTS and get 1101.32 BTS even far more than 1101.32 BTS paid back, what do you think?

In a word, the first day is a big deal for investors whatever how many AGS will issue finally.


How many AGS did you get on first day?



Wish BTS a great success in 2014!!!