Dear Karma Community;
As we get organized to improve upon our current X11 Karma, there have been some strides to develop alternate versions of the Karma concept, a 'fork' of Karma if you will.
As many of you already know, the original dev abandoned the Karmacoin project after only a few weeks of launch. However, the community for it was growing stronger every day and a few of us decided to take mattes into our own hands in spite of an irresponsible (and scamming) developer. We then sought to take Karma forward into the future and expand the coin and community.
We are once again at about the same crossroads. We seek to improve Karma in different ways for the benefit of not only the current community but future members.
Here is what we have so far:
Karma Classic (this thread)
Your current wallet and coins are fine. There will be no changes just yet. A few members of the community are getting organized now to help revive the coin.
Nothing is changing for the Karma coins you have now.
Several questions remain about who will lead Karma, what to do will billions of 'bad' coins in wallets (from known thieves), if and how a swap of old Karma for the next X11 Karma could be performed, and more.
[Please note that some assets that are licensed to me or are attached to my person such as the logo or Facebook page, stock photos, Karma trademarks., etc, will continue to remain in my possession. However, the Karma X11 wallet (whose development cost to switch from the old algorithm were mostly borne by me) is open-source and for everyone's benefit, inside and outside the community.]
New Karma at https://bitcointalksearch.org/topic/goodomy-good-launching-may-24-2018-from-the-creator-of-the-first-ico-1969334Out of frustration for the current state of affairs and stagnation at Karma classic, I've decided to create a new, Karma-based coin on the Ethereum network.
I've outlined some of my plans at
https://bitcointalksearch.org/topic/m.19469362 and at
https://bitcointalksearch.org/topic/m.19521869 so that you know what some of the plans are.
Alternate Karma (?)One of the advantages of cryptocurrency is that anyone can create a coin. Every cryptocurency, minus a few exceptions, are clones of Bitcoin. Each seeks a different direction and purpose, allowing the altcoin ecosystem to grow to reach millions of people. Without new 'offshots' and alternate versions, we'd only have Bitcoin (which right now accounts for only 40% of cryptocurrency volume)
What does the future hold? No one knows. We only know that as more regular people get involved with crypto that new coins will be needed to serve different kinds of people, and used for different needs. The more, the merrier.
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As I've mentioned to a few community members, I will see how the current Karma thread (and project) advances. I'm interested in helping the Karma community (as always) and would be open to the idea of the new Karma funding the re-development of the wallet so that a swap could be performed. Over the next couple of months we will see if this is needed, and see if the new Karma has the resources the rescue the old Karma.
Feel free to ask questions or let us know of any concerns you have.
"Good Karma always comes back!"