Author Topic: [ANN] BitShares-PTS Dry Run #1 launched  (Read 9581 times)

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Offline roadscape

Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #30 on: December 11, 2014, 12:12:51 am »
The social consensus serves to help in fairly bootstrapping new chains.
Stan (iirc) described it as a mailing list for free samples.

This is an upgrade to a well-established meta-chain.
I don't see how a redistribution of PTS benefits anyone (aside from AGS holders)
Especially when PTS is on its deathbed...
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Offline Riverhead

Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #31 on: December 11, 2014, 12:19:27 am »
The same reason anyone share drops. Community support. Also leading by example.

That said it would behoove AGS proponents in the community to give PTS a bye for everyone's, including their, good.

Offline roadscape

Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #32 on: December 11, 2014, 12:37:20 am »
PTS could theoretically buy out AGS, if the AGS community (and future DAC devs) agreed to let it die.
But then someone (the AGS version of alphaBar) would step forward and claim that AGS must live on and must be honored.

Regardless..

If AGS doesn't add value, then it takes value.
So what value can AGS provide PTS?
http://cryptofresh.com  |  witness: roadscape

zerosum

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #33 on: December 11, 2014, 12:43:13 am »

If the Social Consensus Software License died with Invictus than PTS doesn't need to honor it.



If the Social Consensus  died,   it is the perfect time PTS-DPOS to come with a new one.

And inspired by Stan's  'Think Bigger Pinky',- there is no better time to jump from 10% to 75% for the social consensus number.
To make the life easier for the future PTS share droppers, a slight kick down of the AGS percentage could be considered [say from 10% to 1.75% or so]...


If AGS doesn't add value, then it takes value.
So what value can AGS provide PTS?

None, whatsoever!
AGS - rubbish!
PTS extremely valuable! Priceless to be exact.

« Last Edit: December 11, 2014, 12:47:27 am by tonyk2 »

Offline Riverhead

Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #34 on: December 11, 2014, 04:09:18 am »

If the Social Consensus Software License died with Invictus than PTS doesn't need to honor it.



If the Social Consensus  died,   it is the perfect time PTS-DPOS to come with a new one.

And inspired by Stan's  'Think Bigger Pinky',- there is no better time to jump from 10% to 75% for the social consensus number.
To make the life easier for the future PTS share droppers, a slight kick down of the AGS percentage could be considered [say from 10% to 1.75% or so]...


If AGS doesn't add value, then it takes value.
So what value can AGS provide PTS?

None, whatsoever!
AGS - rubbish!
PTS extremely valuable! Priceless to be exact.

If PTS dies so does 50% of the social contract. While AGS isn't liquid the community is. So it won't take long for future DAC developers to realize that half the share drop target is dead and the other half is in an unknown state in the community. So why bother? The BitShares toolkit requires zero payment to anyone for anything and the community imploded because of some dispute over sharedrops to itself.

sumantso

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #35 on: December 13, 2014, 02:46:44 pm »
If PTS dies so does 50% of the social contract. While AGS isn't liquid the community is. So it won't take long for future DAC developers to realize that half the share drop target is dead and the other half is in an unknown state in the community. So why bother? The BitShares toolkit requires zero payment to anyone for anything and the community imploded because of some dispute over sharedrops to itself.

This is what is going to happen. The new team here had a chance to create a perfect sharedrop vehicle, but instead chose to shoot itself in the foot.

I can't support a DPoS coin which is breaking the consensus. I would even go against it and would try to get this to fail as a test case of what not honouring the social consensus would do. Thankfully for you guys I am way too lazy  to pro actively do anything, so .... ;D

I have mostly BTS, some AGS and a few PTS from BM's return. A 10% sharedrop on my AGS wouldn't have made much of a difference in case anyone's thinking I am unhappy about that part.

Offline cryptillionaire

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #36 on: December 13, 2014, 03:17:38 pm »
I thought the idea was that PTS was to be merged into BTS and the social consensus would be taken from BTS.. PTS serves no purpose now, why are you wasting your time on this? Stop making things confusing for newbies and let PTS die already.

Offline pc

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #37 on: December 13, 2014, 03:25:57 pm »
This has been discussed at length, for example here: https://bitsharestalk.org/index.php?topic=11877.msg159905#msg159905

No need to crosspost the same arguments over and over again.
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Offline slacking

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #38 on: December 13, 2014, 06:01:31 pm »
I thought the idea was that PTS was to be merged into BTS and the social consensus would be taken from BTS.. PTS serves no purpose now, why are you wasting your time on this? Stop making things confusing for newbies and let PTS die already.

There is no purpose for it. Apparently a few people must've bought up a lot of PTS cheap after it was declared dead by Bytemaster and now they won't shut up about resurrecting it so they can pump and dump it.

Offline pc

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #39 on: December 13, 2014, 07:53:45 pm »
I thought the idea was that PTS was to be merged into BTS and the social consensus would be taken from BTS.. PTS serves no purpose now, why are you wasting your time on this? Stop making things confusing for newbies and let PTS die already.

There is no purpose for it. Apparently a few people must've bought up a lot of PTS cheap after it was declared dead by Bytemaster and now they won't shut up about resurrecting it so they can pump and dump it.

Stop the FUD. BM never declared PTS dead.
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Offline pc

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Re: [ANN] BitShares-PTS Dry Run #1 launched
« Reply #40 on: December 13, 2014, 07:54:54 pm »
Since dry run 1 is long over now I'm locking this thread. Please create a separate thread if you want to continue the discussion.
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