Poll FTC richclub - bad or good idea
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I’ve got spare time and ideas for FTC and I’m purchasing small amounts every day, but I don’t have the available funds to go out and buy even 50,000 FTC, if this became a requirement I would not be able to be part of the team.
We also then run the risk of making the team a ‘rich mans club’ too where team and developers could put personal short term gains above long term goals for FTC.
Personally I have no issue with team members or devs holding as much or as little as they want as long as we all contribute ‘effort’ towards the same end goal.
Perhaps some people yes, but not every developer is as you say. This is just to prove to the user, we work with you together. If you have any losses, we also have.
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I know where you are coming from, a way to ‘prove’ the Devs and team members are committed to FTC, but there are other ways to show commitment other than just monetary commitment.
For example if you are recognised as being an active member of the FTC your personal reputation can either grow or be damaged by what happens with Feathercoin.
If you can afford to show commitment via holding a large amount of FTC that is great, but I think as long as you show some form of commitment to the coin, be that helping out on the forum daily, being acivite for feathercoins interests on our forums or the web, or if you have the skills to help develop the code that should be enough too.
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+1
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I think there’s zero issue having as much ftc as you want. But. If your on the team, maybe 100% transparency with your ftc holdings would help prove to the public that we are committed and accountable.
The light addresses could be perfect for this.
Maybe even a prerequisite to be on the C.I.C
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How would you prove holdings though?
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How would you prove holdings though?
Using white market infrastructure. Karpeles once did the proof of Gox holdings by making an ultra large transfer of bitcoins afaik, but for medium amounts, there is no way to prove holdings unless you have a white wallet.
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Using white addresses I suppose, could easily be exploited. I don’t think there’s anyway to prove who holds what unless we start again… And that aint happening… Although, we could launch the “testcoin” bush has pondered about…
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it would be easy to see how many coins are in a particular address via the api. The proving those are your coins is not easy. :-)
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Using white addresses I suppose, could easily be exploited.
Nope, I think I’ve got it right this time. No relaunch. Just a strictly voluntary white club. I’m working on the newsletter article now, but and afterwards, to cryptonite we go.
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it would be easy to see how many coins are in a particular address via the api. The proving those are your coins is not easy. :-)
It is, sign message, post to the forum with your account and everyone can verify that you are the owner of the private key :)
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It is, sign message, post to the forum with your account and everyone can verify that you are the owner of the private key :)
That still doesn’t prove that you is you, though :)
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6 good
5 bad
1 undecided
4.9.2014
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It’s a pretty closely run thing maybe we should reset and re-ask the new question!
