Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BitShares PTS Mandatory Upgrade & Snapshot Announcement
by
damashup
on 26/12/2014, 06:13:20 UTC

* PTS is a stable 'currency-DAC' and sharedrop token. It is designed primarily to provide a stable unit of account with fair distribution, and to be a launching pad for feature-specific DACs (some of which may compete directly or indirectly with BTS). PTS is a reference implementation of DPoS and is the original and preferred sharedrop token. It cannot and will not compete with BTS on specific features or within specific industries. Rather, PTS is an investment in the protocol and the ecosystem of future BitShares DACs.


Just to clarify, is there still an expectation that future Bitshares DACS will sharedrop a minimum 10% to PTS holders (as per the social consensus)?

Obviously it would be for each DAC to decide whether to honour it. However if the social consensus still holds that would make DPoS-PTS a very attractive proposition.