Post
Topic
Board Announcements (Altcoins)
Re: [LAUNCH][ANN] RadioShares: Dividend Paying Common Stock via crypto-currency
by
alatvian
on 10/01/2014, 13:59:08 UTC
Wallet?

There is no "wallet," as this is not to be considered "money."  These are shares in a business.  The code is forked from PTS.  Now, the actual Proto Shares license agreement is in flux, so this might be a false start (supposedly I'm expected to pay 10% of my business in royalties to people who invested in ProtoShares).  However, I never saw this license until after I released the code, as it was not included in the original source.  We'll see what happens.

https://github.com/InvictusInnovations/ProtoShares/blob/psforkinit/COPYING

I sure don't see any other stipulations in this github.

Yeah, I know, which is why it's rather frustrating talking to the people on the bitshares forums.  I don't think they have any legal standing to enforce such a restriction.  The "license" is in draft.  I heard about it here: https://bitsharestalk.org/index.php?topic=2012.msg24863#msg24863.  It also claims to enforce design restrictions on any forks of the protoshares code (limits total number of shares, for example).

That said, I don't want to tell them to go fly a kite.  I am using their proof-of-work code.  Once I get to actual share distribution, I'll probably try to work something out with Invictus.