Hey guys
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I have watched the whole mess of BitcoinT and the chaos it left behind. Now I saw this thread, and I have a couple of questions to the community - I hope we can have a decent conversation, here.
What I really don't understand is the "why". Why did you consider to do a takeover?
Just to be clear: in my opinion, it's great that the opportunity exists for community takeovers. This way, promising projects can be (or tried to be) saved when the developer, as in this case, bails.
But this coin was still very young. A bigger community could not yet develop around the coin, and - to be honest - when I read the announcement thread, the first question that came into my mind was "what's this coin good for?". It had those "lottery style POS blocks", which other coins have, too. Other than that, I could not find anything innovative, any great functionality, extension of the blockchain or anything that looks in any way promising.
So, I wonder why the efforts were taken to save a project that has so little innovation to offer. I don't want to sound ignorant, but I'll ask my question anyway: is this an effort for holders to get a last chance to exit without kissing the whole spent money goodbye? Or is there more to it?
Would be nice if anyone can join the conversation. Maybe I have just overseen aspects which make it really worth continuing - any enlightenments in this direction would be highly appreciated.
Please don't misunderstand this post as fud or anything negative. I'm trying to stay objective and neutral while trying to understand the reasoning behind this.
Anyway, best wishes and good luck for the community takeover, whatever the reasons are.
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Basically , alot of people lost coins and got a dev to make one so they could dump their coins to stupid people. you're thinking to much