1141
General Discussion / Re: Some clarity on the chains
« on: February 15, 2014, 10:36:14 pm »Each new chain will be a new snapshot (except for resets in the event of a major bug in the month of March for the BitShares XT network)
As 5% interest and variable interest chains will require additional development, we will take a new snapshot prior to launching those chains.
Just try to clarify with you, for the future 5% interest chain ,ALL the AGS and PTS holder only able to get 10% of the shares of the chain since this new chain is a DAC product form 3I.First chain, XT will have no interest.
Does the first chain has the dividend from transaction fee?
Yes the first chain has dividends from fees.
I imagine that the interest chain will also do the 50/50 AGS/PTS allocation, as the first chain was originally supposed to have interest. I think current AGS/PTS investors would only find a more diluted share acceptable if it was in a far-future DAC that required a huge amount more work. But that is just my opinion.