Post
Topic
Board Announcements (Altcoins)
Re: [NRS|NoirShares] POW ENDING at 50k | DACs | MANDATORY WALLET UPDATE 6/23/2014
by
Anduril_FotW
on 23/06/2014, 21:23:42 UTC

Hi,

I just downloaded the new QT client from Barwizi post above, but I have to say this is a little less user friendly than the auto installed client.
From my experience with other wallets I know by now that I can just uninstall the old client and run the new QT wallet version, but I bet alot of potential new NRS users have no idea how to update an already installed client with a new QT wallet version.
Besides that I'm also not sure what functionality I miss when I'm just running the QT client instead of actually installing the full client.

Another question I have is how my possible future share in a new DAC will be payed out ?
I went through almost all of the texts on the NRS website and the forums and I still only know that at a certain point before a new DAC is launched, a snapshot will be taken to decide which wallets hold how many Noirshares.
But after that what happens ?
- How do I proof it is my wallet that held the NRS ?
- Will there be a one-time payout of the shares I have in the DAC ? Or does it keep paying out over time ? And if yes, will there be more snapshots to see if I still have the shares ?
- How will the pay out (dividend) be done ? Will it be in NRS ? BTC ? Or will it be in a new to be formed coin that will be exclusively linked to that particular DAC ?
- What are Noirbits ? Are those the coins I get from a particular DAC when I have NRS at the snapshot point ?

A lot of questions, but I really hope that one of you guys can give me some clear answers so I can continue acquiring NRS with a better feeling about how it all works !  Cool


Oh yeah, I also noticed the new BTC38 exchange is not mentioned on the NRS website and there is also no notice to update the wallets.
Maybe someone can update this ?

Thanks guys !!!