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About BItshares 2.0 Snapshot

Started by kickky, August 18, 2015, 10:17:08 PM

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Ander

Quote from: pseudoscops on August 22, 2015, 02:56:41 PM
Thanks guys!

Was hoping to just withdraw all when fully vested. Anyone kept track of when that is? Seem to have 18 months in my head...?

15 more months.
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pseudoscops

Thanks guys!

Was hoping to just withdraw all when fully vested. Anyone kept track of when that is? Seem to have 18 months in my head...?

xeroc

AFAIK .. they will still be vested though

luckybit

Quote from: pseudoscops on August 20, 2015, 10:59:02 PM
Does anyone know if I need to worry about my vesting shares or should I claim them before the upgrade?

My understanding is you don't have to worry about that. Just use the new 2.0 client, import wallet, and the developers take care of everything else.
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pseudoscops

Does anyone know if I need to worry about my vesting shares or should I claim them before the upgrade?

xeroc

Quote from: mf-tzo on August 19, 2015, 09:30:05 AM
That is not entirely true.. Your  funds will be most probably worth much more than today  ;)
From an outside perspective .. hopefully, yes!!

mf-tzo

Quote from: xeroc on August 19, 2015, 07:15:19 AM
It really is "just" an upgrade of the underlying technology .. not a "real snapshot" ..
The devs used to call this a "pitch fork" because it resets the blockchain at zero and initializes it with the state of the old chain.

For you (and for anyone else) holding any asset in BTS0.9, nothing will change in regards to your funds .. you will only see a much stronger technology!

That is not entirely true.. Your  funds will be most probably worth much more than today  ;)
[url="//www.bitshares.gr/"]www.bitshares.gr/[/url]

xeroc

It really is "just" an upgrade of the underlying technology .. not a "real snapshot" ..
The devs used to call this a "pitch fork" because it resets the blockchain at zero and initializes it with the state of the old chain.

For you (and for anyone else) holding any asset in BTS0.9, nothing will change in regards to your funds .. you will only see a much stronger technology!

speedy

BitShares is restarting with totally new software (2.0) and a new blockchain starting with a new genesis block, which will be snapshotted from the existing distribution of BTS and BitAssets.

The benefit is that the new software is cleaner, faster and easier to monetize by cryptonomex which will support the development of BitShares with less need for further dilution.

kickky

What really the snapshot is about? like the bts snapshot before? wuz the difference? wuz the gain for bts holders from the snapshot?

thx
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