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1366
General Discussion / Re: Check Your Allocation - Episode II: Check It Again
« on: November 15, 2014, 05:15:22 pm »
I forgot to update the OP when the genesis.json changed.

Here's the real thing:
https://github.com/BitShares/bitshares/blob/master/libraries/blockchain/genesis_bts.json?raw=true

I see the same numbers I saw yesterday. I. e. I'd have expected more BTS for my PTS @ VOTE-snapshot. Again, what should I expect?

Could you recap what I should expect?

According to https://bitsharestalk.org/index.php?topic=10844.0 I'd expect

~99.27 BTS per PTS @ BTS-snapshot (175,000,000 / 1,762,887)
~13.24 BTS per PTS @ VOTE-snapshot (22,500,000 / 1,698,798)
~.0175 BTS per DNS @ BTS-snapshot ((35,000,000 + 35,000,000) / 4,000,000,000)
+some additional BTS for DNS moved from the genesis block before the announcement

I don't have any AGS.

What I see when I put my keys (using listaddressgroupings + wallet_account_list_public_keys) into https://bitbalance.azurewebsites.net/ is

~99.27 BTS per PTS @ BTS-snapshot
~5.79 BTS per PTS @ VOTE-snapshot
~0.0186 BTS per DNS @ BTS-snapshot
~0.0012 BTS per DNS @ BTS-snapshot

So PTS @ VOTE looks broken to me, and I don't understand the DNS @ BTS-snapshot numbers.

1367
Would any of you take out a loan to buy BTS?

Rule #1 of investing: never invest money that you can't afford to lose!

1368
In the interest of having a robust system that can handle all of these situations gracefully I would like to propose that with delegate approval (majority vote) a BitAsset can be "reset" and all longs/shorts have their positions closed at the price feed.     Some protections can be put in place such as requiring a 2 week waiting period during which delegates can be voted out before the close out becomes official. 

I agree there needs to be a way to handle such situations cleanly.

HOWEVER, this is AFAIK so far the only case where delegates have the power to seriously mess with someone's possessions. (I. e. in a "normal" 51% attack you can modify history, but you cannot take away someone's money.) Therefore I suggest that more than a simple majority of delegates should be required.

Compare this to a squeeze-out in traditional companies. You can't do that with only 51% of the shares.

1369
Toast is currently creating a new genesis block with the sharedropped balances: https://bitsharestalk.org/index.php?topic=11198.0 .

To answer your questions:

> 1. Are the Key ID Bitshare DNS developers in the process of sending BTS to BTER and other trading exchanges?

Nobody will "send" any DNS anywhere. Instead, there will be a new release of the BTS client that includes the aforementioned sharedrop genesis block.

> 2. Why has there been a long delay before sending BTS to BTER et al?

Preparing aforementioned genesis block takes some time.

> 3. When is it expected that the devs will send BTS to BTER?

AFAIK there hasn't been a release date announced yet. I'd expect this to happen within the next two weeks or so, but that's just a wild guess.

> 4. If the DNS is now worthless and the devs are unlikely to send BTS to BTER (based on the snapshot) is my investment worthless? Did I buy magic beans (I make no particular complaint as I knew it was high risk but I would like to establish the facts from the jedis here present).

DNS are now worthless because the KeyID chain has been stopped. It has been stopped because of the sharedrop.
Your investment is not worthless, though, because the devs are *not* unlikely to "send" BTS to BTER. The fact that you owned DNS at the time of the snapshot entitles you to some of the sharedropped BTS.

1370
General Discussion / Re: Save PTS - Increase Default Transaction Fee
« on: November 14, 2014, 11:28:07 am »

How hard would it be the have DPOS-PTS claimed 1:1 for each POW-PTS you have proof of burn for? That way the two PTS are not spendable at the same time.

I think it would be very tricky because it'd require delegates to monitor the PoW-chain. Not worth the effort IMO.

Besides, there will come a point where PoW mining is so slow that it becomes impossible to burn PoW-PTS. I. e. any coins left over in the old chain would be lost.

1371
General Discussion / Re: Check Your Allocation - Episode II: Check It Again
« on: November 14, 2014, 09:08:17 am »
Could you recap what I should expect?

According to https://bitsharestalk.org/index.php?topic=10844.0 I'd expect

~99.27 BTS per PTS @ BTS-snapshot (175,000,000 / 1,762,887)
~13.24 BTS per PTS @ VOTE-snapshot (22,500,000 / 1,698,798)
~.0175 BTS per DNS @ BTS-snapshot ((35,000,000 + 35,000,000) / 4,000,000,000)
+some additional BTS for DNS moved from the genesis block before the announcement

I don't have any AGS.

What I see when I put my keys (using listaddressgroupings + wallet_account_list_public_keys) into https://bitbalance.azurewebsites.net/ is

~99.27 BTS per PTS @ BTS-snapshot
~5.79 BTS per PTS @ VOTE-snapshot
~0.0186 BTS per DNS @ BTS-snapshot
~0.0012 BTS per DNS @ BTS-snapshot

So PTS @ VOTE looks broken to me, and I don't understand the DNS @ BTS-snapshot numbers.

1372
We're already discussing the inflation subject in our forum at http://pts.cubeconnex.com/ - I'd prefer if we'd keep this in one place, so if you want to participate in a form you're welcome to join us over there!

1373
BitShares PTS / Re: pts price crash
« on: November 12, 2014, 08:23:51 am »
You can use proof of burn to a null address as an "AGS" style way of getting your stake.

Nothing says that PTS cannot be "split" into two networks... 1 that is slowly dying like POW and the other growing DPOS...

Just have several burn addresses.... let PTS users pick their fate.

"slowly dying" is tricky for a pure PoW coin. You need a certain minimum hashrate to keep the network going, otherwise people can't burn their old coins anymore. The network is barely alive now, and it will get worse once we start the DPOS chain (which is a good thing, IMO - we want to get rid of Proof-of-Waste :-).

1374
BitShares PTS / Re: pts price crash
« on: November 09, 2014, 08:19:35 pm »
The simple answer is that No, PTS is not useless. However, it's not quite clear what PTS is: there is a team of people trying reboot a DPOS version of PTS, but they haven't decided whether they're going to use a snapshot of PTS from November 5th or whether they're going to use a future snapshot.

Although I'm not quite authoritative wrt the snapshot question, I'm *very* certain that we're going to use a future snapshot.

The plan, in general, is to upgrade the existing PTS to a DPOS chain. That means that all transactions in the old chain must be honoured, up to a yet-to-be-announced point in the future. Using the Nov-5 snapshot simply doesn't make any sense.

1375
General Discussion / PHISHING WARNING!
« on: November 09, 2014, 02:32:52 pm »
I've seen this twice in the last 30 minutes or so: after clicking on a thread the thread opens and the browser opens an authentication window telling me "To see this message, please confirm your identity".

So be careful everybody.

It happened to me here, for example: https://bitsharestalk.org/index.php?topic=11056.0

Edit: according to the auth window the authentication request stems from http://0x5896d083 - how can I attach a screenshot to this message?

1376
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: November 08, 2014, 09:55:41 am »
I'm trying to wrap my head around the effect of merchant adoption on bitusd.

With Bitcoin, this puts selling pressure on the Bitcoin price. Btc being converted to fiat by auto selling.


But how would this work with Bitusd or any other asset?

Let's say the merchant wants to convert their assets to fiat.
Would this result in selling pressure on the bitassets and thus buying pressure on BTS(x)?

I think you can't really compare BTC and BitUSD in that regard. There's two important differences:
1. BitUSD is less volatile, so there is less pressure to get rid of them immediately to avoid a loss.
2. The BTC used for buying things are (at least in part) not bought on the market, they stem from mining or from long-term holders. So there is no equivalent buying pressure to counter the selling pressure. BitUSD OTOH must be bought (or shorted) before it can be spent. So there is always a near-equilibrium for buying and selling BitUSD.

1377
General Discussion / Re: Selling PTS Post Snapshot
« on: November 07, 2014, 09:39:52 am »

 since PTS miners still haven't produced a block since before the snapshot.

That's not correct. Three blocks were mined yesterday, and today has already seen two. The network is *very* slow, but it's not dead.

1378
2) generate the private key according to
   HASH(first name + last name + id number + mail + birthday + brainwallet)

Someone should do some research to find out how much entropy each of these components provide. Which probably is rather difficult because one should expect a certain correlation between for example first name and birthday, or either name and mail.

1380
General Discussion / Re: * SNAPSHOT NOTICE *
« on: November 06, 2014, 11:01:55 am »
Code: [Select]
81575 : Mi 5. Nov 18:45:50 UTC 2014
81576 : Mi 5. Nov 19:31:18 UTC 2014
81577 : Mi 5. Nov 19:48:54 UTC 2014
81578 : Mi 5. Nov 19:59:10 UTC 2014
81579 : Do 6. Nov 00:26:18 UTC 2014
81580 : Do 6. Nov 05:49:41 UTC 2014
81581 : Do 6. Nov 09:10:05 UTC 2014
To me this seems like block number 81578 is the one for the BTS/PLAY snapshot .. can someone confirm?

Yes: http://ptsags.quisquis.de/pts-2014-11-05.json.gz

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