A Possible Future with DPoS, etc.
-
finaly the voice of wisdom and common sence
It gets annoying to see how people bitch about decreasing value of their crypto investments and leave in despair. Some people think that chasing the next big thing over and over again will make a success eventually. They also fail.
FTC had got a good deal of attention with NeoScrypt, but there was nothing to follow with and the momentum was lost. The turning point was long before BTC-e delisted FTC.
Kevlar, I’ve got your point, is it really necessary to repeat it again and again? No need to fix anything, huh? The official block explorer is dead for a few months. FTC gets dropped by service providers here and there. Most of those community members active in 2013 are gone by now. No one is responsible for anything basically, lack of community consensus overall, PR is near dead, etc.
-
It gets annoying to see how people bitch about decreasing value of their crypto investments and leave in despair. Some people think that chasing the next big thing over and over again will make a success eventually. They also fail.
FTC had got a good deal of attention with NeoScrypt, but there was nothing to follow with and the momentum was lost. The turning point was long before BTC-e delisted FTC.
Kevlar, I’ve got your point, is it really necessary to repeat it again and again? No need to fix anything, huh? The official block explorer is dead for a few months. FTC gets dropped by service providers here and there. Most of those community members active in 2013 are gone by now. No one is responsible for anything basically, lack of community consensus overall, PR is near dead, etc.
No, you’re right.
I did misspeak.
The entire point of what we’re doing is to address that very problem you’re pointing out. The difference here is that our plan incorporates a holistic approach to all of those problems, where as you don’t have a plan. Perhaps you should join us on Slack and learn more about that holistic approach.
-
I’m going to pass on Slack Kevlar, but can you guys elaborate on the ICO idea? I’m having a hard time finding it in the Search.
-
An ICO accomplishes 4 things:
#1: it’s a fair way to do the initial distribution.
#2: it establishes a fair market value at the time of launch.
#3: it generates interest
#4: it (potentially) rewards the developers.It’s fine if you don’t want to come and discuss the whole of the solution. Just please understand that all that means is you will not understand it, any more than you will understand how a computer works by watching someone play a video game with it… And in fact your likely to get the wrong impression entirely, like that all a computer is good for is video games.
-
ICO is good for quick profit. Getting FTC through it will ruin its image or whatever left of it.
-
ICO is good for quick profit. Getting FTC through it will ruin its image or whatever left of it.
*sigh* Really? We’re gonna play this game?
ICO doesn’t mean profit. In fact some ICO’s use proof of burn, where the money doesn’t go to anyone.
I have no idea what “Getting FTC through it” would look like since it’s already been distributed, or why it would ruin it’s image. Other ICO coins are presently challenging Bitcoin for market cap dominance. The ICO didn’t ruin it’s image, it created a stable market valuation for it.
As usual, a bunch of incorrect statements from the peanut gallery who refuses to learn anything about what it is we’re talking about, and only wishes to stifle innovation. When will they learn?
Seriously, Ghostlander, I really do expect a more sophisticated conversation from you than just rehashing the same dumb arguments which are easily demonstrated false. It’s one thing to get it constantly from Mirrax and Chekaz, who really can’t be blamed for not understanding how these things work, but you could at least do us all the favor of a quick google before you go telling people a bunch of things that aren’t true.
-
It doesn’t matter much what I think of ICO personally. It matters what the most people think of it. They think exactly what I’ve said. Are you sure you can convince them all to think the opposite?
-
Hi, I comes :) . I focus on the wealth effect. In fact, we need some help from some rich friends. There might be some exchange list us this year, I’m trying to do this.
The more important question is who leads Feathercoin, Liberalism has gone bankrupt.
-
Hi, I comes :) . I focus on the wealth effect. In fact, we need some help from some rich friends. There might be some exchange list us this year, I’m trying to do this.
The more important question is who leads Feathercoin, Liberalism has gone bankrupt.
+1 Lizhi on voice of wisdom.
btcx.org was also talking about btc38.com
One think is sure, Kevlar, Calem and Dave do not lead the coin.
Nobody does at the moment.
I will gladly vote for you or Ghost.
You two contributed the most and seems your opinions are based or real world perception.
-
Kevlar, you confuse ability and relevance. I’m all for a research chain.
Let me give you a different analogy:
The coder has a hammer.
The miners have a blueprint.
The market wants the house built quick.
The holders want to add a swimming pool.
The coder has a tool. The miners say whether the swimming pool will fit without renovating. The holders have a goal. If the miners screw up the blueprint, the holders are very much entitled to moan about it.
The power each one has effectively is an accident of the madness that we call software development. The attention each deserves is more fluid than that.
-
Time is cash after all. The past two weeks are gold.
We should make something valuable for feathercoin. After stop squabbling, a great man stand up and say “follow me”. Who is he possibly ? mirrax ? never be Bushnell.
-
Maybe a BTC PoB ICO with sharedropping to Feathercoin and Bitshares holders.
Feathercoin as a brand can operate 2 products. I can’t see how that’s an issue.
FT2 as DPoS, can represent the communities interests as a whole.
I think it’s a novel idea worth trying.
FTC will sort out its ACP issue eventually, but the last thing anyone wants to do is to fork ftc to dpos or make anymore drastic changes.
Can anyone see the sense I’m trying to convey here?
-
Lizhi, I’m sure you would be a trusted delegate.
Everyone here in this thread.
Heck, it wouldn’t be hard to band the community together to just make up the 101 delegates we would need to operate this platform to govern ftc and ft2.
Isn’t that what all this is really about? The inability for the community aspect of the coins ethos, to scale and the need to help support the people who maintain the network?
-
@Lizhi, I haven’t even checked in months but yeah your right.
-
It doesn’t matter much what I think of ICO personally. It matters what the most people think of it. They think exactly what I’ve said. Are you sure you can convince them all to think the opposite?
Except. as I keep pointing out, the market DOES NOT think that. They think these coins are valued in the top 10 of the market cap presently.
Do you understand what that means? That these ICO coins are in the top 10 market cap?
-
+1 Lizhi on voice of wisdom.
btcx.org was also talking about btc38.com
One think is sure, Kevlar, Calem and Dave do not lead the coin.
Nobody does at the moment.
I will gladly vote for you or Ghost.
You two contributed the most and seems your opinions are based or real world perception.
As I keep pointing out, you don’t lead a coin by voting. You don’t lead a coin by electing someone into power.
You lead by writing code. And that’s all it takes. Anyone can do it. Even Peter Bushnell.
-
Also, my opinion and understanding on ICO’s and PoB. (Initial Coin Offering) ( Proof of Burn)
A PoB ICO is where people send btc to an unspendable address. This entitles them to a portion of the first lot of coins to come into existence.
It can be done in the worst of ways for the worst of coins. But It has been extremely successful in bringing awesome new projects that are pushing the limits of the technology.
Essentially, if done right when launching “a coin”, it is valuing the network the same way a company is valued for seed investing.
One important aspect is the relationship between Supply, Demand and Utility.
Get those right and there’s a world of investors willing to give you a shot.
-
Kevlar, you confuse ability and relevance. I’m all for a research chain.
Let me give you a different analogy:
The coder has a hammer.
The miners have a blueprint.
The market wants the house built quick.
The holders want to add a swimming pool.
The coder has a tool. The miners say whether the swimming pool will fit without renovating. The holders have a goal. If the miners screw up the blueprint, the holders are very much entitled to moan about it.
The power each one has effectively is an accident of the madness that we call software development. The attention each deserves is more fluid than that.
I’ve not confused ability with relevance, and this analogy bears absolutely no resemblance to the reality of the situtation, since nothing about what you’re saying is true.
Coders have a tool, yes.
Miners do not get to say if the swimming pool will be built or not, and have no choices over renovation decisions. They only get to say if they will swim in it, or if they want to swim in a different pool.
The market wants the house built quick, but it ALSO wants many houses, big and small, with lots of different options available.
The holders want to own the house. But they don’t. They’re simply being provided shelter at the cost of the miners.
Please, can we keep the analogies grounded in reality?
-
Time is cash after all. The past two weeks are gold.
We should make something valuable for feathercoin. After stop squabbling, a great man stand up and say “follow me”. Who is he possibly ? mirrax ? never be Bushnell.
What’s wrong with following the people who are offering to do just that? It sure as hell isn’t Mirrax…
-
What’s wrong with following the people who are offering to do just that? It sure as hell isn’t Mirrax…
You are not listening.
Calem is at least willing to discuss.
I explained him what sharedropp is and now he is talking with me about sharedropping 20% of new coin to BTS and FTC holders and keeping 80% for ICO.
Thats the way how not to fuck with current investors.
I will gladly continue disscussion with him.
Unlike you or Dave he is open to talk. Not repeating the same monologue over and over again.
But actually discussing in the manner where you think about what your oponent said.
Such discussion is beneficial for both sides.
