I currently have a small investment in Bitshares, and I was wondering if I could get a few quick explanations about Bitshares 2.0.
I believe there is a cap of around 2.5 billion Bitshares on the current system, will the new system mirror that? Will we be trading our old Bitshares for the new ones at a 1:1 ratio? Also how difficult will it be for me to move the currency from my current Bitshares wallet, to the new wallet?
Will it be possible to store Bitshares on an encrypted private key, like I would with BIP 38 with Bitcoin?
Thanks. I started reading the wiki, but realized it would take hours to find the details I was looking for because there's just so much information to sift through.
I believe there is a cap of around 2.5 billion Bitshares on the current system, will the new system mirror that? Will we be trading our old Bitshares for the new ones at a 1:1 ratio? Also how difficult will it be for me to move the currency from my current Bitshares wallet, to the new wallet?
Will it be possible to store Bitshares on an encrypted private key, like I would with BIP 38 with Bitcoin?
Thanks. I started reading the wiki, but realized it would take hours to find the details I was looking for because there's just so much information to sift through.
Current supply of bts is 2,533,583,643 and theoretical max supply is 3,643,600,840 with an estimated final supply of 2,933,079,931 bts https://bitsharesblocks.com/charts/supply
I don't believe there will be changes in that, but it will be the bts holders that will finally decide how many funds of those will be burned and how many will go to development.
Conversion will be 1:1 and the only thing to do is to import your 0.9.3c exported wallet file in BitShares 2.0 take a look here http://docs.bitshares.eu/migration/ (If you are not going to receive or spent any bts until the new release it could be a good idea to synch your 0.9.3c wallet and export your wallet now)
Someone will give you a better answer here but you will always have a better chance if you join and ask at https://bitsharestalk.org/ thats where all the "action" takes place
