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Does this mean keyhotee genesis block is definitely before feb 28th, since keyhotee private keys get some BTS?
so nobody know which version will success.I have no courage to test the function by buy or sell my bts. maybe tomorrow the price is totally different.All I can do is do nothing before I know it is success.Quote from: bytemaster on January 29, 2014, 05:56:46 amQuote from: alt on January 29, 2014, 05:55:06 amQuote from: bytemaster on January 29, 2014, 05:26:58 amYes, we are preparing a mass mailing on this topic. If BitShares X Test is successful we will simply drop the Test from the name, if it fails in some manner that is unrecoverable then a new snapshot will be used. Thus the value of the BTS (and BitUSD etc) in the test chain must factor in probability of catastrophic failure and reset of the chain. It should go up over time as the likelihood of failure decreases. This process of launching test networks that "might be final release" networks will continue until all bugs are found. This is necessary because for a test network to function it must have a non-0 value otherwise bitasset evaluation results in divide by 0 errors. Note that having many parallel chains was always in the plan and a version 2 chain with variable interest rates set by market forces will come out later as well. So some bugs that result in the launch of a new chain may not mean the complete death of the initial test chain. If the initial test chain has any residual value or can be 'patched' then it might take on a life of its own. very confuse... How can a clarify?
Quote from: alt on January 29, 2014, 05:55:06 amQuote from: bytemaster on January 29, 2014, 05:26:58 amYes, we are preparing a mass mailing on this topic. If BitShares X Test is successful we will simply drop the Test from the name, if it fails in some manner that is unrecoverable then a new snapshot will be used. Thus the value of the BTS (and BitUSD etc) in the test chain must factor in probability of catastrophic failure and reset of the chain. It should go up over time as the likelihood of failure decreases. This process of launching test networks that "might be final release" networks will continue until all bugs are found. This is necessary because for a test network to function it must have a non-0 value otherwise bitasset evaluation results in divide by 0 errors. Note that having many parallel chains was always in the plan and a version 2 chain with variable interest rates set by market forces will come out later as well. So some bugs that result in the launch of a new chain may not mean the complete death of the initial test chain. If the initial test chain has any residual value or can be 'patched' then it might take on a life of its own. very confuse... How can a clarify?
Quote from: bytemaster on January 29, 2014, 05:26:58 amYes, we are preparing a mass mailing on this topic. If BitShares X Test is successful we will simply drop the Test from the name, if it fails in some manner that is unrecoverable then a new snapshot will be used. Thus the value of the BTS (and BitUSD etc) in the test chain must factor in probability of catastrophic failure and reset of the chain. It should go up over time as the likelihood of failure decreases. This process of launching test networks that "might be final release" networks will continue until all bugs are found. This is necessary because for a test network to function it must have a non-0 value otherwise bitasset evaluation results in divide by 0 errors. Note that having many parallel chains was always in the plan and a version 2 chain with variable interest rates set by market forces will come out later as well. So some bugs that result in the launch of a new chain may not mean the complete death of the initial test chain. If the initial test chain has any residual value or can be 'patched' then it might take on a life of its own. very confuse...
Yes, we are preparing a mass mailing on this topic. If BitShares X Test is successful we will simply drop the Test from the name, if it fails in some manner that is unrecoverable then a new snapshot will be used. Thus the value of the BTS (and BitUSD etc) in the test chain must factor in probability of catastrophic failure and reset of the chain. It should go up over time as the likelihood of failure decreases. This process of launching test networks that "might be final release" networks will continue until all bugs are found. This is necessary because for a test network to function it must have a non-0 value otherwise bitasset evaluation results in divide by 0 errors. Note that having many parallel chains was always in the plan and a version 2 chain with variable interest rates set by market forces will come out later as well. So some bugs that result in the launch of a new chain may not mean the complete death of the initial test chain. If the initial test chain has any residual value or can be 'patched' then it might take on a life of its own.
If Feb 28 is the final snapshot, then AGS is converted to BTS at about 3.5:1. Every fail means a new snapshot is taken and the ratio lowers. Correct?
Do I understand this correctly?If I want Angelshares that are awarded with BTS I need to purchase (via donation) them definitely before Feb 28, correct?What happens with donations that are sent out after this date?
After Feb 28 AGS investors will have a hard time making decisions, especially for investment in BTC. If the first testnet becomes successfully, the AGS obtained in Mar and later gives you no BTS.
so nobody know which version will success.I have no courage to test the function by buy or sell my bts. maybe tomorrow the price is totally different.All I can do is do nothing before I know it is success.
Quote from: jifehuang on January 29, 2014, 06:41:45 pmAfter Feb 28 AGS investors will have a hard time making decisions, especially for investment in BTC. If the first testnet becomes successfully, the AGS obtained in Mar and later gives you no BTS.They give you shares in future DACs, icluding new chains of BTSX. Say, a floating interest is implemented in a future chain which releases in April; then each AGS will give you 2 shares in that new chain (while PTS will give you some 1.5).Bytemaster has said if the new DACs don't require much extra work they will be very likely awarded 50/50 to AGS/PTS.
