Author Topic: Share Dropping via ShareBits  (Read 1602 times)

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Offline hybridd

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Share Dropping via ShareBits
« on: November 30, 2015, 11:28:00 pm »
Share dropping is now possible by depositing the amounts you would like to drop, and specifying what asset to drop on.
It's even possible to drop BTS on asset holders. Check out the share drop page over on http://sharebits.io/ it's never been so easy. This service is powered by [member=21903]roadscape[/member] 's cryptofresh website to determine balances and who the asset holders are.

e.g. of a receipt (share dropped 750 SMILE on BEARHUG holders)
Quote
#sharedrop "thera" 6 SMILE (TXID="dac45d40a01a1618e001b80dd15d29296c743df8")
#sharedrop "sharebear" 743 SMILE (TXID="fe5857afc8051873242c3f9031dd6d140cd194b8")

Please contact us if you run into any issues using this service.

Things to keep in mind:
The balances pulled via CryptoFresh do not account for open-trades the user may have (i.e. selling the asset)
This service has had limited testing, it's highly reccomended if you're going to do a large drop, you contact me first
Have fun sharing ;)
The fee is calculated based on how many people need to receive a drop, more people = more transactions = higher fee
« Last Edit: December 01, 2015, 01:26:05 am by hybridd »
http://sharebits.io - #sharebits "person" amount asset - Start tipping on bitsharestalk today!
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Offline bytemaster

Re: Share Dropping via ShareBits
« Reply #1 on: November 30, 2015, 11:34:42 pm »
Cool!
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline testz

Re: Share Dropping via ShareBits
« Reply #2 on: December 01, 2015, 12:00:43 am »
Really nice!  +5%  :)

Tuck Fheman

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Re: Share Dropping via ShareBits
« Reply #3 on: December 01, 2015, 12:17:08 am »
 ;)

TravelsAsia

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Re: Share Dropping via ShareBits
« Reply #4 on: December 01, 2015, 12:19:15 am »
 +5%

Offline rgcrypto

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Re: Share Dropping via ShareBits
« Reply #5 on: December 01, 2015, 04:02:12 am »
Great Job Freebie Servers!

#sharebits "hybridd" 1 THANKYOU
#sharebits "hybridd" 50 BTS

Offline merockstar

Re: Share Dropping via ShareBits
« Reply #6 on: December 01, 2015, 04:10:23 am »
does it assume your forum name is the same as the BTS account you hold your funds on?

Tuck Fheman

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Re: Share Dropping via ShareBits
« Reply #7 on: December 01, 2015, 04:18:25 am »
does it assume your forum name is the same as the BTS account you hold your funds on?

No, this fixes the issue (afaict) mine had doing it manually.

The only plus to doing a sharedrop the way I did is that you avoid ALL fees. ;)

But, then everyone has to go register their BTS account name as a forum name before anyone else does.  :-\

Offline hybridd

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Re: Share Dropping via ShareBits
« Reply #8 on: December 01, 2015, 07:33:25 am »
does it assume your forum name is the same as the BTS account you hold your funds on?

No. First it queries all the asset holders and builds a list, lets suppose you're looking up the asset "XASSET", and there's 3 people who hold this, we first build a quote, which looks like this:
[["persona", 100], ["personb", 200], ["personc", 150]]

where these are their bts accounts not you're forum accounts.

Then lets say, we want to drop 1000 YASSET on these holders,  the way we calculate this is determining the %-holding of each user. First we compute S the total sum of all the assets:
S = 100+200+150 = 450

So now we can determine the amount of YASSET they should get,

persona = 1000 YASSET * (100/450)
personb = 1000 YASSET * (200/450)
personc = 1000 YASSET * (140/450)

this is sent out as an actual transaction (transfer2) meaning there is a fee per each transaction (we estimate, or at least charge 45 BTS per tx).

When you share drop, via sharebits, you're sending funds directly to the asset holders' BTS accounts.
http://sharebits.io - #sharebits "person" amount asset - Start tipping on bitsharestalk today!
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Offline btstip

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Re: Share Dropping via ShareBits
« Reply #9 on: December 01, 2015, 07:42:15 am »
Hey rgcrypto, here are the results of your tips...
  • hybridd: has been credited 1 THANKYOU
  • hybridd: has been credited 50 BTS
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Created by hybridd

Offline DestBest

Re: Share Dropping via ShareBits
« Reply #10 on: December 01, 2015, 08:10:14 am »
Share dropping is now possible by depositing the amounts you would like to drop, and specifying what asset to drop on.
Great news !  8)

When you share drop, via sharebits, you're sending funds directly to the asset holders' BTS accounts.
If you sharedrop on ASSETX, does it work with the ASSETX currently in sharebits account ?
eg: I sharedrop on brownies.pts holders, does the brownies.pts in my sharebits account allow me to earn from this sharedrop ?
« Last Edit: December 01, 2015, 08:13:34 am by DestBest »
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Offline hybridd

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Re: Share Dropping via ShareBits
« Reply #11 on: December 01, 2015, 08:26:37 am »
Share dropping is now possible by depositing the amounts you would like to drop, and specifying what asset to drop on.
Great news !  8)

When you share drop, via sharebits, you're sending funds directly to the asset holders' BTS accounts.
If you sharedrop on ASSETX, does it work with the ASSETX currently in sharebits account ?
eg: I sharedrop on brownies.pts holders, does the brownies.pts in my sharebits account allow me to earn from this sharedrop ?

No, and this is important that you know this. Sharebits has no correlation between forum account <-> BTS wallet. The system only considers what people hold in their real wallets, not what is held by sharebits.
http://sharebits.io - #sharebits "person" amount asset - Start tipping on bitsharestalk today!
Developer @ Freebie

Offline DestBest

Re: Share Dropping via ShareBits
« Reply #12 on: December 01, 2015, 08:59:15 am »
Thanks for the clarification  +5%

#sharebits "hybridd" 5 PERCENT
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Offline btstip

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Re: Share Dropping via ShareBits
« Reply #13 on: December 01, 2015, 09:00:04 am »
Hey DestBest, here are the results of your tips...
  • hybridd: has been credited 5 PERCENT
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Created by hybridd

Offline merockstar

Re: Share Dropping via ShareBits
« Reply #14 on: December 01, 2015, 05:07:00 pm »
good shit

#sharebits "hybridd" 5 PERCENT

Offline btstip

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Re: Share Dropping via ShareBits
« Reply #15 on: December 01, 2015, 05:08:06 pm »
Hey merockstar, here are the results of your tips...
  • hybridd: has been credited 5 PERCENT
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Created by hybridd

Offline thera

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Re: Share Dropping via ShareBits
« Reply #16 on: December 02, 2015, 07:44:11 pm »
Excellent!

#sharebits "hybridd" 100 SMILE
#sharebits "bytemaster" 100 SMILE
#sharebits "testz" 100 SMILE
#sharebits "Tuck Fheman" 100 SMILE
#sharebits "TravelsAsia" 100 SMILE
#sharebits "rgcrypto" 100 SMILE
#sharebits "merockstar" 100 SMILE
#sharebits "DestBest" 100 SMILE

Feel free to share the SMILEs!  :)
gentleness is the greatest strength ~ iroquois proverb

Offline btstip

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Re: Share Dropping via ShareBits
« Reply #17 on: December 02, 2015, 07:45:29 pm »
Hey thera, here are the results of your tips...
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Created by hybridd

Offline konelectric

Re: Share Dropping via ShareBits
« Reply #18 on: January 16, 2016, 06:31:22 pm »
If I ShareDrop on an Asset like BROWNIE.PTS and my drop Amout is 1. Dose each BROWNIE.PTS get 1 of my Assets, or is the 1 ShareDrop devided amount the BROWNIE.PTS?
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Offline hybridd

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Re: Share Dropping via ShareBits
« Reply #19 on: January 17, 2016, 12:33:05 am »
1 gets divided among the asset holders based on their stake (%-holding determined via cryptofresh) of the asset you're dropping on.
http://sharebits.io - #sharebits "person" amount asset - Start tipping on bitsharestalk today!
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Offline konelectric

Re: Share Dropping via ShareBits
« Reply #20 on: January 17, 2016, 01:08:09 pm »
1 gets divided among the asset holders based on their stake (%-holding determined via cryptofresh) of the asset you're dropping on.

Thanks. That makes it easy to figure out.
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Offline konelectric

Re: Share Dropping via ShareBits
« Reply #21 on: January 19, 2016, 10:35:55 pm »
Thought I jumped to every hope to do a share drop, but I got another one. "ERROR: Object reference not set to an instance of an object."
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