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Purchasing Identities...and loss of future DAC buy-in?

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Stan:

--- Quote from: fuznuts on November 19, 2013, 12:18:50 pm ---I see.  It only matters if we want to pay for a special designation...

Something to think about.  Is there a huge difference in how much it helps to purchase a special designation as opposed to mining new names into existence?

--- End quote ---

It is just a way to recognize and honor those who helped make Keyhotee possible for everybody by contributing to the cause. 

It may increment your reputation a small amount, like any other single act of public service.  It just happens to be recognized in a unique, never to be repeated way that is permanently etched in the Keyhotee Genesis Block.  Perhaps like having your name carved in the cornerstone of an important building.

fuzzy:
I see.  It only matters if we want to pay for a special designation...

Something to think about.  Is there a huge difference in how much it helps to purchase a special designation as opposed to mining new names into existence?

Stan:

--- Quote from: fuznuts on November 18, 2013, 11:01:36 pm ---When we purchase an identity within the project keyhotee DAC system...does that mean we forgo all future shares in DAC's related to them?  How does this aspect work?


--- End quote ---

When Keyhotee is released on New Year's Day, ordinary IDs will be mined into existence at no cost other than a small proof of work it performs behind the scenes for you.  It will have no effect on your share balance in anything.

fuzzy:
When we purchase an identity within the project keyhotee DAC system...does that mean we forgo all future shares in DAC's related to them?  How does this aspect work?

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