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General Discussion / Re: Long live the social consensus, long live PTS! (Stay tuned)
« on: November 10, 2014, 10:10:57 pm »So are we doing anything with the PTS we have any longer, or what is the plan for now. Went through the thread and more confused than before.PTS hasn't changed. Just 3I' s promotion of it and involvement in 3rd party DACs.
Is there a use for it any longer?
The perception of the community is that without 3I's on going endorsement it is worthless.
My feeling is that the ProtoShare is just starting to come into its own. As BTS grows and becomes successful more and more 3rd party DACs will want in on the action. The promise, or selling point, of PTS was always, "Get a piece of every DAC that honors the social contract". So far there has been a handful of DACs that have honored it and everyone is ready to call it, "Mission accomplished".
Anyway, there is a project going on to convert PTS to a DPoS coin here: http://pts.cubeconnex.com/index.php?topic=13.0
Since this is the Bitshares forum, and not a forum for DACs or ProtoShares in general, I suspect the PTS crew will get run off sooner than later.
If PTS still perfectly represent the early donations and the social contract, then PTS holders shouldn't have received any diluted BTS during the merger... And many were sold at very low prices with the expectation that they don't have value anymore, so it is quite absurd to say that it still represents the same thing.