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Who Owns The Second Largest Balance?

Started by FreeTrade, June 03, 2014, 09:24:32 PM

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xeroc

+5% .. i like it .. once my coins matured i ca have lots of fun with them

+5% and thanks for the effort

FreeTrade

Quote from: liondani on July 05, 2014, 12:45:15 PM
good to clarify that...
but "locked" investments keep many  investors back...just my thought,  hope I am wrong.

Well these vested distributions are all gifted to MMC/PTS/AGS holders. We're not trying to attract investors - there's no IPO nor proof-of-burn. I've never asked for anyone's money for any project, only support and participation if you like the project.
"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher

liondani

good to clarify that...
but "locked" investments keep many  investors back...just my thought,  hope I am wrong.
[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

FreeTrade

"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher

liondani

[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

FreeTrade

"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher

xeroc


FreeTrade

Update: I decided to include the 2 year expiration date for all genesis block shares.

Also have advised Bter that they need to commit to making the LottoShares distribution or their addresses will be removed.
"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher

biophil

Absolutely, an expiration date would accomplish the same thing more simply.

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FreeTrade

Quote from: biophil on June 04, 2014, 02:58:11 PM
Two thoughts:

1) BTER is supposedly honoring PTS for BitSharesXT; they could probably be convinced to honor PTS and MMC for LTS.

2) An idea for snapshots/airdrops that has been kicked around here is a "half-life:" make unclaimed balances decay over time. Clearly, this assumes that users must do something special to "claim" their balance beyond simply importing private keys. It doesn't totally solve the problem, but might be something worth thinking about.

1 .Yes, I'll approach BTER (for MMC) and BTC38 (for PTS) to seek their support - but in the absence of a guarantee of passing on the distribution to the owners, I think it will be better for everyone concerned if the distribution is not made.

2. The half-life idea is certainly an interesting one - but would require additional code and testing. Something that is a lot more straightforward is an expiration date - I'm mulling a 2 year expiration date for LottoShares distributed in the genesis block.
"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher

biophil

Two thoughts:

1) BTER is supposedly honoring PTS for BitSharesXT; they could probably be convinced to honor PTS and MMC for LTS.

2) An idea for snapshots/airdrops that has been kicked around here is a "half-life:" make unclaimed balances decay over time. Clearly, this assumes that users must do something special to "claim" their balance beyond simply importing private keys. It doesn't totally solve the problem, but might be something worth thinking about.
Support our research efforts to improve BitAsset price-pegging! Vote for worker 1.14.204 "201907-uccs-research-project."

Delinquency

Chances are, exchanges aren't going to meddle with their privkeys to take their client's LTS.

You should keep it simple and not stress out :0

city19akro

I don't know much about this stuff but couldn't it be that the first address is the cold storage of BTer and the second biggest address, their online wallet?

FreeTrade

I'm doing the PTS-> LTS (LottoShares) distribution and I'm curious about the second largest address.

MFhWZJFwPgmGtFcATEcXYkbng5sZqzeYtn:483000

Previously with MMC, doing a small distribution to PTS hampered the adoption by exchanges because they didn't want to undertake the work of doing the distribution. They also didn't want their users complaining that they hadn't done the distribution, so they ignored the currency entirely. It was an unforeseen and rather unfortunate effect of doing a distribution.

To avoid that problem I want to remove the distribution to exchanges so that they are in a better position to support LottoShares and have an explanation to give to their users about why they are not getting a distribution. The funds will be spread to the other MMC holders instead.

MVgvtTcrX7A7pW96su5ipfGMReE1f5DzKS:2650000

I'm assuming the top address is the balance held by BTER - and this won't be receiving a distribution.



I don't know about the second address though - who owns that?
"People should be more sophisticated? How are you gonna get that done?" - Jerry Seinfeld reply to Bill Maher