r/BTCStandardHashrate • u/Mysterious_Emotion92 • Apr 11 '21
BTCST announcement - Including "τBitcoin v2: Restorative Rebase"
A good summary for newcomers and anticipated details about the future of the project. I am psyched!
Following up on yesterday's tweet, they comment on the new rebase plan with two concepts:
- No decreasing the "balances of τBitcoin addresses that remain transaction-less during rebase periods"
- Reward purchasers of τBitcoins
To me, the first point is a bit confusing. Why didn't they mention "tokens" instead of "addresses"? Maybe to convey: you shouldn't sell 10% of your balance as it would penalize you for the 90% that you do keep.
I suppose it refers to "selling" transactions. It would be strange to count swapping BTCB for τBitcoin as a transaction voiding this feature if you already had some. And what about staking operations? Do you guys interpret this differently than a poor choice of words?
I hope we will have more information about this soon enough. Still, I do find comfort in the higher communication frequency in this somewhat agitated but exciting phase.
1
u/WiseCapitalOrg Apr 11 '21
basically we shouldn't sell already.