Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Peerplays - First Ever Blockchain-Based Gaming Platform
by
dzarmush
on 21/09/2016, 12:00:28 UTC
when will bts snapshot will announced.

what it's about? I've read but didn't get it


We had a hangout update last week where we discussed this. Earlier in this thread an update was also given:

https://bitcointalk.org/index.php?topic=1462351.msg16231472#msg16231472

Just to get this clear, the share drop is now after the 17th?

The SNAPSHOT of the BTS blockchain happens on a random block between midnight UTC on Sepember 1st and midnight UTC on September 16th. (The exact block can only be known based on a simple calculation that gets performed after the last block before midnight is signed on the 15th.)

The SHAREDROP happens when the Peerplays blockchain is launched, towards the end of this year. A sharedrop is when the snapshotted addresses/accounts are integrated into the Genesis block of the new Peerplays blockchain. The people who controlled the BTS held in those addresses/accounts can then use the same private keys from their BitShares accounts to unlock their new Peerplays tokens on the Peerplays blockchain.

Hope this helps to clarify your question.

UPDATE 9/17

According to the calculation given in the original announcement, the snapshot will be applied to BitShares block number 9,291,600

Which was produced at 2016-09-02 16:37 (UTC)

Which means that any BTS that you had in your wallet on this date and time will be counted towards the sharedrop.


Thanks for the answer! Yes I read this, but I don't get the idea of what's it about in general  Smiley

I bought some Peerplays tokens during the second stage of ICO. Then I registered on Freedom Ledger and got this memo: "freedom-ledger issued 250 PEERPLAYS to ...". So the question is does this SHAREDROP affect me in any way? Should I receive anything from it or no? Or it's something about BTS, not peerplays?