[ANN] BitShares PTS Mandatory Upgrade & Snapshot Announcement - page 3.

Billyboy402

hero member

Activity: 599

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Quote from: alphaBar on December 17, 2014, 01:41:33 AM

Quote from: jasemoney on December 16, 2014, 11:50:41 PM

marketcap should take a jump, its moving from an old nearly stalled network to one thats speedy. reliability & confidence Wink

10 second transaction times are a healthy improvement over 1 block per day Tongue

. And it seems 3rd party devs are really warming up to DPoS, which makes this a great time to buy some PTS to receive a piece of every future Bitshares DAC:

Quote

The BitShares platform will eventually grow to include a variety of different applications built upon a shared foundation of open source software known as the BitShares Toolkit. Bitshares PTS uses the core implementation of the BitShares Toolkit.

The BitShares platform enables more than just currency. It is software that can be used to build a variety of different autonomous business applications. Any person who uses BitShares software to build such an application is encouraged to “give back” a percentage of the value they create to current holders of BitShares PTS. This voluntary grant to PTS shareholders is commonly referred to as the Bitshares social consensus. In this way, your investment in BitShares PTS can earn you a share of any technology built on the BitShares software!

Source: www.ptscrypto.com

there was nothing wrong with the old PTS BUT the developer were too lazy to change the Difficultl reg

so minner jump when it was low ... and they jump to the next coin when it was high which then left user waiting days for a single block

If the developer address this month ago we wouldn't be having this issues

*Sakura*

legendary

Activity: 1624

Merit: 1005

I wish you all love and profitable investments!!!

Quote from: alphaBar on December 17, 2014, 01:41:33 AM

Source: www.ptscrypto.com

WOW, very nice official website!

Thanks!

o3u

sr. member

Activity: 393

Merit: 250

Money comes, money goes

Quote from: alphaBar on December 17, 2014, 01:41:33 AM

Quote from: jasemoney on December 16, 2014, 11:50:41 PM

marketcap should take a jump, its moving from an old nearly stalled network to one thats speedy. reliability & confidence Wink

10 second transaction times are a healthy improvement over 1 block per day Tongue

. And it seems 3rd party devs are really warming up to DPoS, which makes this a great time to buy some PTS to receive a piece of every future Bitshares DAC:

Quote

The BitShares platform will eventually grow to include a variety of different applications built upon a shared foundation of open source software known as the BitShares Toolkit. Bitshares PTS uses the core implementation of the BitShares Toolkit.

The BitShares platform enables more than just currency. It is software that can be used to build a variety of different autonomous business applications. Any person who uses BitShares software to build such an application is encouraged to “give back” a percentage of the value they create to current holders of BitShares PTS. This voluntary grant to PTS shareholders is commonly referred to as the Bitshares social consensus. In this way, your investment in BitShares PTS can earn you a share of any technology built on the BitShares software!

Source: www.ptscrypto.com

Speaking of DAC, what happened to the DNS on bter? i cannot trade it there

alphaBar

newbie

Activity: 36

Merit: 0

Quote from: jasemoney on December 16, 2014, 11:50:41 PM

marketcap should take a jump, its moving from an old nearly stalled network to one thats speedy. reliability & confidence Wink

10 second transaction times are a healthy improvement over 1 block per day Tongue

. And it seems 3rd party devs are really warming up to DPoS, which makes this a great time to buy some PTS to receive a piece of every future Bitshares DAC:

Quote

The BitShares platform will eventually grow to include a variety of different applications built upon a shared foundation of open source software known as the BitShares Toolkit. Bitshares PTS uses the core implementation of the BitShares Toolkit.

The BitShares platform enables more than just currency. It is software that can be used to build a variety of different autonomous business applications. Any person who uses BitShares software to build such an application is encouraged to “give back” a percentage of the value they create to current holders of BitShares PTS. This voluntary grant to PTS shareholders is commonly referred to as the Bitshares social consensus. In this way, your investment in BitShares PTS can earn you a share of any technology built on the BitShares software!

Source: www.ptscrypto.com

alphaBar

newbie

Activity: 36

Merit: 0

Quote from: doc12 on December 16, 2014, 11:20:37 PM

Dont you think 25 PTS transaction cost , are a bit tooo high ? Sad

25 PTS is the recommended fee, 5PTS is the minimum. The original fee was 0.1 PTS which is roughly equivalent to 57PTS in the new chain. As you can see the fee amount is significantly lower than before, but high enough to compensate delegates for their service. Let me know if you have any other questions. Cheers.

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

marketcap should take a jump, its moving from an old nearly stalled network to one thats speedy. reliability & confidence Wink

doc12

legendary

Activity: 1284

Merit: 1042

Dont you think 25 PTS transaction cost , are a bit tooo high ? Sad

o3u

sr. member

Activity: 393

Merit: 250

Money comes, money goes

Quote from: alphaBar on December 16, 2014, 09:58:28 PM

Quote from: o3u on December 16, 2014, 09:36:21 PM

Quote from: jasemoney on December 16, 2014, 08:48:40 PM

Quote from: o3u on December 16, 2014, 08:24:55 PM

What PTS is being traded on Poloniex?

it's 95% down from the value of the PTS on bter.

Bter PTS is still frozen. Also old PTS v1 had what 700-800 thousand, new DPOS PTS has 1 billion so the price should be expected to equalize at hopefully the same marketcap adjusted for new supply size.. and yes Polo is on the new version per:

Quote

TheSherpa: OldManKidd, sorry to bug ya, is this the new protoshares blockchain or reopened trading on the old one?

Quote

OldManKidd: TheSherpa, its the updated

Hopefully Bter reopens it soon!

so do you get the same proportion to market cap on the new blockchain as you had on the old?

there was only 700 thousand market cap for PTS v1 !!??

Yes, proportion is exactly the same, only scaled by a factor of about 567x. In other words, multiply your "old" PTS by 567 to get your stake in the new chain. Looks like the market cap has taken quite a jump, but time will tell.

Any idea when BTer is unlocking funds?
or where can i follow bter development... they dont have an IRC channel nor active trollbox

alphaBar

newbie

Activity: 36

Merit: 0

Quote from: o3u on December 16, 2014, 09:36:21 PM

Quote from: jasemoney on December 16, 2014, 08:48:40 PM

Quote from: o3u on December 16, 2014, 08:24:55 PM

What PTS is being traded on Poloniex?

it's 95% down from the value of the PTS on bter.

Bter PTS is still frozen. Also old PTS v1 had what 700-800 thousand, new DPOS PTS has 1 billion so the price should be expected to equalize at hopefully the same marketcap adjusted for new supply size.. and yes Polo is on the new version per:

Quote

TheSherpa: OldManKidd, sorry to bug ya, is this the new protoshares blockchain or reopened trading on the old one?

Quote

OldManKidd: TheSherpa, its the updated

Hopefully Bter reopens it soon!

so do you get the same proportion to market cap on the new blockchain as you had on the old?

there was only 700 thousand market cap for PTS v1 !!??

Yes, proportion is exactly the same, only scaled by a factor of about 567x. In other words, multiply your "old" PTS by 567 to get your stake in the new chain. Looks like the market cap has taken quite a jump, but time will tell.

o3u

sr. member

Activity: 393

Merit: 250

Money comes, money goes

Quote from: jasemoney on December 16, 2014, 08:48:40 PM

Quote from: o3u on December 16, 2014, 08:24:55 PM

What PTS is being traded on Poloniex?

it's 95% down from the value of the PTS on bter.

Bter PTS is still frozen. Also old PTS v1 had what 700-800 thousand, new DPOS PTS has 1 billion so the price should be expected to equalize at hopefully the same marketcap adjusted for new supply size.. and yes Polo is on the new version per:

Quote

TheSherpa: OldManKidd, sorry to bug ya, is this the new protoshares blockchain or reopened trading on the old one?

Quote

OldManKidd: TheSherpa, its the updated

Hopefully Bter reopens it soon!

so do you get the same proportion to market cap on the new blockchain as you had on the old?

there was only 700 thousand market cap for PTS v1 !!??

jasemoney

legendary

Activity: 1610

Merit: 1008

Forget-about-it

Quote from: o3u on December 16, 2014, 08:24:55 PM

What PTS is being traded on Poloniex?

it's 95% down from the value of the PTS on bter.

Bter PTS is still frozen. Also old PTS v1 had what 700-800 thousand, new DPOS PTS has 1 billion so the price should be expected to equalize at hopefully the same marketcap adjusted for new supply size.. and yes Polo is on the new version per:

Quote

TheSherpa: OldManKidd, sorry to bug ya, is this the new protoshares blockchain or reopened trading on the old one?

Quote

OldManKidd: TheSherpa, its the updated

Hopefully Bter reopens it soon!

o3u

sr. member

Activity: 393

Merit: 250

Money comes, money goes

What PTS is being traded on Poloniex?

it's 95% down from the value of the PTS on bter.

HunterS

hero member

Activity: 644

Merit: 500

anyone know when withdrawls on bter will be enabled again Huh

doc12

legendary

Activity: 1284

Merit: 1042

Hi, I deposited some PTS at Poloniex 2 hours ago and the balance is not updated till now... Someone already deposited some coins there successfully ?

alphaBar

newbie

Activity: 36

Merit: 0

Version 2.0.1 has been published (merges fix for malleability issue in BTS 0.4.26) - please upgrade ASAP.
https://github.com/PTS-DPOS/PTS/releases

alphaBar

newbie

Activity: 36

Merit: 0

Quote from: Billyboy402 on December 12, 2014, 07:22:52 AM

So will we have pts 1 and pts 2 . - so I guess where all going to dump pts when we get the update . Which is only going to push the price down further

Bter and Poloniex will honor your snapshot and delist old PTS after the snapshot to avoid confusion and scams. Old PTS should technically be worth nothing after the snapshot as the proof of work network is dying/dead and the community has reached consensus on transitioning to the new chain. The new PTS chain will be the first token with (1) sharedrops in all future Bitshares DACs, (2) deflationary DPoS protocol, (3) 100% PoW distribution, and many more unique properties. Wont comment on price other than to say that I disagree with your assessment. Best of luck.

Billyboy402

hero member

Activity: 599

Merit: 500

So will we have pts 1 and pts 2 . - so I guess where all going to dump pts when we get the update . Which is only going to push the price down further

o3u

sr. member

Activity: 393

Merit: 250

Money comes, money goes

Quote from: alphaBar on December 08, 2014, 02:12:18 PM

Quote from: o3u on December 06, 2014, 04:33:30 PM

damn it i tried a large TX and it's not going anywhere, doesn't seem to have been broadcast yet, anyway to stop this?

Unfortunately there is no way to stop a transaction that has already been broadcast (if it was picked up by the network, which you may not yet see). Was this a withdrawal from an exchange? You have about a week left until the snapshot, so chances are that the transaction will confirm in that time. If you are using Bter they will honor the snapshot anyway, so you should have nothing to worry about, even if the transaction is not confirmed.

No its from my wallet to bter, there's about one confirmation so far (according to my wallet), but i don't see it on bter, not even as pending deposit.

edit: 2 confirmations according to wallet...
edit2: Resolved, it's through.

alphaBar

newbie

Activity: 36

Merit: 0

Quote from: o3u on December 06, 2014, 04:33:30 PM

damn it i tried a large TX and it's not going anywhere, doesn't seem to have been broadcast yet, anyway to stop this?

Unfortunately there is no way to stop a transaction that has already been broadcast (if it was picked up by the network, which you may not yet see). Was this a withdrawal from an exchange? You have about a week left until the snapshot, so chances are that the transaction will confirm in that time. If you are using Bter they will honor the snapshot anyway, so you should have nothing to worry about, even if the transaction is not confirmed.

o3u

sr. member

Activity: 393

Merit: 250

Money comes, money goes

Quote from: CLains on December 03, 2014, 09:56:52 AM

Quote from: Billyboy402 on December 02, 2014, 06:22:48 PM

Quote from: biophil on December 02, 2014, 09:39:40 AM

Quote from: Billyboy402 on November 30, 2014, 01:59:42 AM

So are we going to miss out on the PLAY DAC snapshot ?

What do you mean? The PLAY snapshot of PTS was on November 5th.

NO PLAY dac is on the 15th dec ,,, so there no way in hell i will be removing my PTS to my wallet ....( which will prob take 2 week for confirmations )

you should be asking all exchange to honor the snapshot

No, Play is on 8th December for BitShares. For PTS it was 5th november.

http://bitsharesplayfoundation.org/en/

If you want to move your PTS around, then just try first with a small amount to see if it gets to the other side. Wink

damn it i tried a large TX and it's not going anywhere, doesn't seem to have been broadcast yet, anyway to stop this?

Topic: [ANN] BitShares PTS Mandatory Upgrade & Snapshot Announcement - page 3. (Read 10448 times)