well, the refund "will" happen.
ton, [29 Aug 2018 at 00:21:11]:
The final refund amount is 1,393.94415407 BTC[1], which correlates to the initial estimate of ~1400 BTC. The *official* timeline is as follows:
1) Thursday, August 30 - Vote closes.
2) Friday, August 31 - Snapshot[2].
3) Saturday, September 1 - Refunds begin[3].
Notes:
[1] Once I have a total transaction fee estimate, this amount will be appropriately truncated at a certain decimal. This will also be mentioned in one of the following posts.
[2] The snapshot time will be random (i.e. exact time of day will not be announced) to prevent any adversary from gaming the system. Everyone is advised to remove any sell orders that you might have on the market and/or move to an appropriate wallet if necessary. If you own the private key to the address where your NVST is, then you are good to go. You, and only you, are liable in the event that you fail to adhere to adhere to this. The snapshot will be archived and a link to it will be provided to the public.
[3] The amount of time for all refunds to be processed can not be estimated. I'll be available every single day until this is completed, but each transaction requires another signatory. Every transaction will be created and verified manually. There is no room for errors.
Appendix:
1) The address 1HF9qmvVz6EMu5ihjkbstpBwAVb9jdm9Lh will be excluded from the refunds. On it are unallocated tokens which can't be distributed. This issue stems from a chain of events which led to essentially what I'd call, theft of both the NVO domain and the database. The amount on it is 449,660.58536489 NVST, which represents 2.9977372357659333% of the supply. The exact percentage of the refund balance, which is 41.78678295 BTC will be set aside until a solution to this issue is found. I have decided to not let this issue delay the refund.
2) Therefore, the amount of issued tokens is 15 000 000 - 449,660.58536489 = 14 550 339.4146. The amount of BTC that will be refunded over this amount is 1,393.94415407 - 41.78678295 = 1352.15737112. This represents a rate of 0.00009292961 BTC/NVST. Example ~ refund amounts:
1k NVST -> 0.09292961 BTC.
10k NVST -> 0.9292961 BTC.
100k NVST -> 9.292961 BTC.
From Lauda, escrow
what is still missing is the prove that this is the correct amount.
i dont care about the money. telegram is full of messages that you get XX.XX$ and that this is more than you have invested. But in BTC you lost 55%.
and i dont really care about this neither.
i just cant stand the ignorance and the arrogance of the escrows. and what is even worth is that a lot of people just say: "hey, I get some money back. I dont care how this was handled and calculated".
to give some money back is just a loop hole.