Topic: [ANN] [XFE] | Feirm - Privacy for everyone. - page 3. (Read 14408 times)

I know exactly what I am talking about, unfortunately you are missing something here. It is not about more masternode securing the network. I can try to give you a better perspective if you please join the discord and perhaps DM me there. Cheers.

I believe that the issue of governance that I have raised for Feirm (and that the team is not showing to take seriously) goes into a rather broad discourse on which I do not intend to stop because this topic is crucial for the whole industry of masternodes and pos consensus... and cannot pass the idea (wrong) that the power of governance that rightfully affects masternodes and stakers can be put aside by a jumble of Discord users. So I opened a general topic on the subject to discuss the topic in general and then to evaluate the actions of public denunciation to be taken in front of the whole crypto-community towards those projects that think to deliberately violate the principles of governance and therefore do not have the right to citizenship in the world of blockchain and of true decentralization. Obviously these are very hard positions because if someone did not understand it we are not playing here...

If you hold on to this project and you want to prevent it from falling because maybe you have even put money and you own masternodes or stakers I suggest you tell the team to come here publicly to discuss in the most important place of comparison of the whole sector by Satoshi Nakamoto on ... instead of staying inside the Discord game. And above all if you have put the money you make your voice heard and do not be deprived of your legitimate right to vote through the wallet through the functions already incorporated and provided for the masternodes and stakers ... if you voted through Discord that vote it is not worth anything and you have renounced yourself to a right that you gave to users who do not even know if they are real and who had no right to vote and decide for you. Now you are quiet because maybe you were in favor of the increase in collateral, but when you talk about Discord on something else (assuming that the project will survive this bad story) and you disagree with the result then you will think back to when you are let deprive your right without saying anything. As I said, I have no problem with the increase in collateral (and maybe I would have voted yes) but I certainly do not go to vote on Discord together with those who have no rights.

Voting is done with wallets and only touches those who are entitled and on this I'm not going to lower my head. Do you want to lower it? Or maybe you've already done it and you'll notice when it's too late? Wake up until you are on time!

This is the topic on governance in general I mentioned earlier ... if you are not a kid who is playing and you want to know how it should work, I suggest you read it...

https://bitcointalksearch.org/topic/jaccuse-against-the-robbery-of-voting-rights-to-masternodes-and-stakers-4541768

I'm sorry but you do not know what you're talking about, the security of the network is greater with a greater number of masternodes, also the only "community" that can decide such a thing is the "community" of the holders who put the "grain", not a "community" of Discord users that could also be fake users. What you still do not understand is that the problem is not the increase of collateral (even if many nodes are more secure) but the problem is the way it is decided. The team does not have this power or this right. The team can decide what they want on the "product" (in the case of Feirm the "marketplace of digital content") but can not decide on the blockchain, otherwise it is no longer a decentralized system. Discord can not decide on the blockchain. What is not clear about something so basic? It will be clear to you when Feirm will be worth less. Here there is no minority to be satisfied, but there is a totality (100%) of masternodes and stakers that is deprived of its legitimate right to vote and to decide and which is deprived of its functions in the blockchain. Although I would have no problem with a major collateral I will never accept such abuse, a non-voting masternode is worthless so I will not dismantle my knots to unify them into one node, because after an abuse of the genre Feirm nothing will be worth, I will just sell the coins because for me they will not be worth anything anymore and obviously I will try to make this bad story known to the thousands of users who follow me in numerous Telegram groups. It is not a threat, of course, decentralization is an ideal that must be carried out in all blockchains and such behavior by the team of Feirm and the alleged Discord "community" place Feirm outside of our world. I am still using moderate words to avoid that in the search results Feirm is associated with certain types of accusations, there is still the possibility to understand that the blockchain and a cryptocurrency are not a teen's play on Discord. I repeat there is still time to get on the right path. Who would want to lose their legitimate rights and for what reason? How do you make sure you have not voted on Discord along with fake users? Voting is a serious matter, when the masternodes and stakers vote the seriousness and the right to vote are sworn by the coins that are in the wallet. Did not you know? Welcome to the world of blockchain ...

If you would know why the decision of increasing masternode collateral to such an amount was taken by the team initially and not through the masternode governing system, you would not ask that question. The decision was primarily taken to ensure the maximum security of Feirm blockchain.

Considering the current price of the coin, I do not see a big issue in it anyway. It is just the collateral that is getting increased, it is not a swap or fork that it must happen through a voting system. Also I think most community members are welcoming this change. It is not possible to please everyone, not even in pure democracy. Upto 49% people can stay unhappy following a democratic solution.

What is outrageous is not the amount of collateral, but if this choice is made outside the blockchain governance system (functions of voting integrated into the wallet, for those who do not know), what is outrageous is if the right to vote is denied to the true shareholders and owners of the voting power that is only and only the owners of the masternodes and the stakers. Everything else loses importance if such a serious action on the part of the team happens.

Given the price, I feel 10k collateral for mn is not too outrageous. Any idea if and when this will be occurring?

Thanks,
MRD

Good afternoon @everyone we have just pushed a patch to the Feirm source code which will allow you to compile the Feirm wallet and stake XFE on a Raspberry Pi. We will release more details on how to compile at a later date.

You explained perfectly, in fact at the end the point of the question is just this: the method used to decide and who has the right to decide. The increase in the collateral for me is not a problem and I could even see it as an advantage, but the ways to decide are not correct and have nothing to do with the correct and legit governance of a blockchain with masternodes. And speaking of misuse of Discord for such important choices, coincidentally just yesterday I read a phrase to be framed by Martin Dufresne founder and current "dev uno" of Sucre Moneda (a coin and a blockchain in which, however, the governance of the masternodes and decisions works very well and they are entitled to the masternodes by right with the regular voting system) ...a phrase that regarding Discord... he simply sayd: "This is a serious cryptocurrency project (not a gaming community), therefore Banning of Discord" (he spoke of Sucre, of course).

Think people... think...

I totally agreed... I don't know if decision is GOOD or BAD for FERM but sure WAY to take it was absolutely BAD. No Decentralization Democracy.  I thinked #jam list for FEIRM was wrong.. and start evaluate it... but NOW I know why FERM are on #JAM list.. on this condition... I'm OUT. Sorry!!

I was very supportive of your project, we have recently discussed privately through Telegram (I suppose you are Jack the CTO) and I think I showed it when we discussed the "jam list" question. Now instead I will be very hard as I'm almost never and believe me I'm sorry to have to be. Too bad, I never wanted to hear the answer you gave! Because your answer is really disconcerting and I do not think your tender age is enough as a joke (from the photo you look young enough and I tried to find an excuse in this, but I can not I'm sorry!). Once the blockchain is put into motion the team can not decide anything on the blockchain nor can it decide the users of Discord (on which no one can be sure that they are real, while those who put the grain in the masternodes is real). The team has every right to decide on the project (in the case of Feirm you can decide what you want on the "marketplace" even without consulting anyone) but on the blockchain no, once the blockchain has come to life it must self-govern and the voting power touches of right to the masternodes. If it's too complicated to understand maybe you should go and study other projects using masternodes. If it is still too complicated to understand, you should think of joint stock companies ... blockchain shareholders are the masternodes (possibly also the stakeholders as staking is expected in Feirm).
On Discord, you can discuss the proposals or wherever you want, but once the blockchain and the masternodes network is active the decision must take the masternodes that represent the allocated resources. If this decision is taken without voting it will be a blow to the image of the project, after all you can not expect the whole world to live on Discord, there are many supporters of the project (read: people who put money in the masternodes because he appreciates the project) but does not participate in Discord and certainly in a truly decentralized system the decisions on governance take the network of masternodes, not the team or the Discord channel, if that were the case would be very serious. I speak for the interest in the project because I have no problem putting on many nodes with a major collateral but it would be worth very soon after an event in which it is decided to change the collateral, because I repeat the collateral is an issue that governance and once the network is active only the masternodes can decide through the voting system, the team or community can discuss and decide on the project (the Feirm project ie the marketplace) but can not decide on the governance of the blockchain because this would not be true decentralization. Be careful, the Discord game can not decide on the governance of the blockchain, it would not be serious. I am administrator of several Italian Telegram groups with hundreds and even thousands of users, both generic and dedicated to the masternodes and I have always pushed the Feirm project as an undervalued project to follow and on which it was worth to aim, but if something like that happens a change to the collateral established without the governance mechanism reserved for the masternodes (needless to turn around, the masternodes have this role in the blockchain with masternodes, better understand it from the beginning) I will have to revise my position towards the project. After all, a larger number of masternodes puts the network in safety this is obvious and everyone knows it, so the sense of drastically reducing the number does not understand it. For those who have doubts about what I support I'll give you a small example: I'm following another project (which I do not name for correctness towards you) and after a few days that the first masternodes were activated some users with little experience obviously did the classic question to the team if there was a risk that the collateral could change (increase) ... the team response was just as obvious: ONLY THE MASTERNODES CAN DECIDE A THING OF THE KIND, VOTING BY THE SYSTEM OF GOVERNANCE. There is no other way to change the collateral. You are still in time to realize that you are making a big mistake as well as committing an abuse of the governance system. If you continue on this path that you have taken and which leads nowhere, you will be out of the rules of the blockchain and the masternodes will no longer make any sense in your system because they have been deprived of their rights and their functions. If the kids who talk on Discord (if they are real users) have the right to decide instead of the masternodes that put the money ... then Feirm ends here. I'm sorry but it's not a game and so I have to be so hard even if I do not want to. Reflect why you are still in time and one day you will realize that you have done well at a crossroads that was taking you to the wrong place to take the right path at the last moment! Do the right thing!

We have not made a voting proposition on the blockchain as this is a decision made by the team. We could have proposed a vote on the blockchain, but we feel the results would have been low, due to the process of actually submitting a vote, it is quite tedious.

Sorry for an obvious question ... the proposal to change the collateral will naturally be subject to the vote of the masternodes that in the blockchain with masternodes are the only ones to be able to decide on the governance of the blockchain ... you teach me ...  right?

Thank you for all the support you have all been showing recently over here and in our other servers! Yesterday, we published a development update for June 2018, so if you have the time please read it. Development is back to its normal pace and we have some things coming which we have been working on behind the scenes.

https://medium.com/feirm/feirm-development-update-june-2018-eac57db15db5

Good afternoon @everyone please read this Development Update for June 2018 which should clear up any questions you may have regarding to our project. Thank you!

https://medium.com/feirm/feirm-development-update-june-2018-eac57db15db5

You could not express yourself better... then merit to you! 

We have a rarity here with this project in that the Devs are so accessible and approachable its unheard of, they really do see themselves on an equal playing field with investors, it has created a refreshing and friendly open feel to the community with development and project updates flowing nicely.

You can ask Amr or Jack anything, and they will do there very best to help, and answer your concerns.

There has been no hype, no false claims of making X amount profits, and no pressure to invest. Just a good honest project with a sensible and honest direction.

Keep up the great work guys, I see an extremely successful future in this project

I had yesterday to have a chat with the dev in the public Telegram group (few users because they use Discord mainly) and also in private and the answers were very very satisfactory, I gave him some suggestions and his answers were very friendly and available. I was really satisfied with his way of interacting with users and this gives me hope for the future of the project. Thanks, these are the people who are good for our industry. Come on like that guys! 

I really believe that XFE is a hidden gem that people don't even know about just yet. The marketplace for this coin will be huge if done right which I believe the dev team will do as they are in no rush to get things done. This is a good thing as they want to make sure that everything is done correctly and not just have a platform half finished just to pump their coin. This is what I really like about XFE and if people are patient then they will see it payoff in the long term which is what I'll be holding for.

I agree! XFE coin with transaction fee of 0% will attract users. Along with being able to use real money BTC, ETH, LTC, DASH will be a competitive point for XFE. Right now the value of XFE is low, I will put it into my portfolio. Keeping XFE for a while then I am sure I was profitable. I am confident in my decision!

I read about the project and found it to be a decentralized market where BTC, ETH, LTC, DASH currencies could be used to purchase merchandise or use digital services from the market. Feirm. Does that mean you have a lot of partners? Specifically? To What are the benefits of partners?