Post
Topic
Board Project Development
Re: [ANN] B&C Exchange - A decentralized exchange paying BTC dividends
by
BonTonPlease
on 27/08/2015, 14:41:18 UTC
I would like to know whether those "alternative arrangements" for delayed payments violate the terms of the motion in any way? If so, I am definitely against those alternative arrangements. We should stick to the motion, no matter what.

Who purchased before 2015-08-21 23:59 UTC needs to have deposited the payment before 2015-09-04 23:59 UTC.

The only alternative arrangement I can think of is a payment very close to 2015-09-04 23:59 UTC where the transaction is on the network, but not being processed fast enough to reach BCE before 2015-09-04 23:59 UTC.
I can imagine to save those BKS from being destroyed and wait until after the funds have reached BCE.




I disagree with you with regard to the date you mentioned (2015-09-04): 14 days after the motion has passed is what counts.

August 30, 2015 (23:59 UTC) - Any BlockShares remaining that have not been paid for - including those that were requested for purchase but not paid for - will be burned. At this point, all undistributed BlockShares will have been destroyed as per the motion. This date is fourteen days after the motion passed.

The motion has passed on August 16th. Therefore, payments have to be completed until August 30, 2015 (23:59 UTC)! Otherwise, BKS that have not been paid for will be burned.

Anything wrong with those statements? Maybe I missed something.

I made a final request for BKS but forgot that the minimum requirement is 500$ per bid. I made that request for 100 BKS prior to the final deadline and corrected it after the deadline. The request has not been accepted then, which I fully understand and accept as the rules are straight to the point and should not be violated. This should count for every single point mentioned in the motion.

Am I correct?