Topic: [ANN][MIN] Minerals - POS | Developing own anon solution | - page 304. (Read 742187 times)

Lilac: I was just reading a transcript of Richie's conversation earlier, and I noticed he said MIN is a closed source coin. Why did you say that, Richie? 

BtcBob
Weekly Hour of Slack radio program's on in 8min @ http://www.wrek.org 

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Lilac: Richie, you've been provided with the source for more at least ten days, from what I can see on the thread. And the source has been released to the public as soon as POW ended 3 days ago. 

BtcBob
Follwed by "Bob"s Slacktime Funhouse 

Zhulick: i'm not up on my open source terminology, but isn't handing someone the source in "for your eyes only" arrangement, kind of the opposite of everything it stands for ? 

Lilac: And has the code not been released to public since as promised? 

Zhulick: wait, it was out during pow, or just released during pos ? 

inteus: seems like the MIN crowd is still crying 

EndCiv: needs more dobbshead 

Lilac: What difference does that make to your argument? The code is out. 

* inteus grabs the popcorn 
* Pelk want some 

Lilac: And please, stop with the infantile insults. Let's have an adult argument here 

* inteus gives Pelk a bag of freshly popped popcorn 

inteus: yeah ok 

* kernels10 can haz popcorn? 

Zhulick: where are these insults ? or are they also closed source, and will be released to the public in another week or so ? 

* inteus gives kernels10 a bag of popcorn 
* kernels10 thanks inteus 

inteus: Zhulick: oh that would be the insult I slung 

Zhulick: the popcorn ? or the crowd crying ? 

Lilac: Please don;t pretend not to see it and don't avoid the question 

inteus: Zhulick: about the crybaby MIN crowd 

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Lilac: Has the code been released to the public or not? 

Pelk: yes after the pow phase 

Lilac: So/ 

Zhulick: yeah, so ? 

inteus: yeah, a centralized PoW shitcoin went PoS and code was released...big whoop. 

Lilac: None of you are making any arguments thus far 

inteus: who's arguing? 
I'm just slinging insults here. 
;) 

Pelk: we are tired of arguments and there need to be no argument = no open source while the mining phase and centralazion is a nogo 100% centralized blockchain 

Lilac: So no one can back up their opposition beyond making childish insults then? 

inteus: I need a drink 

Lilac: You mean like NXT? 

inteus: I never said I was opposed 
nor for 

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inteus: I could care less 

Lilac: Then stop with the childish insults. 

inteus: I just like watching the drama 
umm 
no 

bittrex-richie: are we on this again? 

Zhulick: if you want to keep your sanity, remember what i said earlier - minerals miners live in opposite world... so just take everything that makes sense, reverse it, and you guys can start agreeing on everythinhg :) 

inteus: lolz 

Lilac: Yes, Richie. Has the code not been released? 

inteus: or make your own exchange 

bittrex-richie: guys.. dont sling insults ... doesnt' get anyone anywhere.. 

Zhulick: i can see it now... richie is in cabo by the pool, and someone comes up to him and says - hey what about minerals, and then richies head assplodes :)))) 

bittrex-rami: lets keep it civil 

inteus: aww, but I'm having fun... ;( 

bittrex-richie: i havent' read the entire backlog... 

* inteus sits in the corner 

bittrex-rami: and lets stop talking about MIN 

bittrex-richie: but i'm going to answer yes... source has beenr released.. why? 

profitus: heeey richie, there you are :P 

bittrex-richie: yeah.. was having dinner ;) 
not in cabo yet 
thats next week ;) 

Lilac: You claimed earlier that it wasn't. Sorry for disturbing your dinner. 

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bittrex-rami: it wasn't during PoW 

Zhulick: you really think these questions will stop next week ? 

bittrex-richie: i claimed it was closded src during the PoW phase 

inteus: Zhulick: nope 

Lilac: " I hated the idea of a closed source coin 
[18:41] <@bittrex-richie> and thats teh precedent we are tryign to stop[/u]" 

profitus: @bittrex-richie when you're ready to discuss the logistics of the cfcv2 swap, let me know 

bittrex-richie: profitus: oh yes... give me a few 

bittrex-rami: coin swaps.. sorry 
all out 

bittrex-richie: Lilac: do you understand what can happen if someone controls a coin for 7 days? 

bittrex-rami: would you like lemon cake instead? 
;) 

Lilac: This is by far the most decentralized coin out there. Although I have no figures to back me up, the number of individuals holding the coin is by far the largest. 

inteus: roflmao 

[b]bittrex-richie: Lilac: i acutally don't disagree with you 
[/b]
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bittrex-richie: but thats not my personal problem with it 

Lilac: I do. But the fears of worse case scenario is gone now with the release of the code and the stability of the network 

[b]bittrex-richie: also agree with you [/b]

jimlite: @bittrex guys, is Nebula and Veil waiting till tomorrow, or tonight? 

Zhulick: one entity controlling all the mining = decentralized... bizarro world... 

bittrex-richie: but with every successful coin, someone will copy it... 
and try to use the same closed control distribution 

inteus: Zhulick: that's what I was thinking....where'd I go wrong? 

bittrex-richie: and next time, they may not be as honest... that is the precendent i am tryingo to stop 

Zhulick: inteus, just think of everything in opposites, and it will start making sense... 

inteus: Zhulick: lolz 

Sevith: so not adding min then ? 

bittrex-richie: btw, i'm speaking for me here... rami bill and i are still in discussions about it 

Lilac: I understand, but this coin should not be punished for the chance of a future rogue developer. RIght? 

bittrex-rami: Lilac: its not that simple 

Lilac: Similar to conventional distribution model 

bittrex-richie: lilac: so next week when fobar coin launches exactly the same 
distribution method.. and everyone gets their hash reused and everyone gets scammed 

Sevith: did min scam someone ? 

bittrex-richie: no 

bittrex-rami: we don't actually know that 

bittrex-richie: stop talking about min for a second 

Lilac: Rogue devs are instamining like there is no tomorrow. that's a huge flaw in the model, but we persist. 

bittrex-rami: for all we know they did 

Sevith: not me 

bittrex-rami: that's the problem 

bittrex-richie: talk about the distrubution method.. 
forget coins.. 
do we want reward develoeprs controlling how and when a coin is distributed? 
also 

Sevith: think of it on the other side of the fence, what if it wasnt a scam and they were just trying to level it out for the small fries and not the big farm? 

bittrex-richie: even in instamine and premines etc.. 
its all exposed from day 1... 
to everyone that wants to look. 

Lilac: Correct. Members of the community like you guys can verify the code. 

bittrex-rami: Sevith: you know the big 'farms' are just miners too right 

Lilac: Do not list until the code is public - that's a right decision by you guys 

bittrex-richie: i am just one person.. i dont' trust jsut me to review code.. i trust the entire comunity to reiew code 

bittrex-rami: what makes them evil, and worthy of exlusion? 

Sevith: i know ;) 

bittrex-richie: in this case... 4-5 places had the code 

Zhulick: and usually the big farms are "old timers" who have the farms because they have done well in crypto... 

bittrex-richie: versus hundred/thousands of eyes on it 
please understand i have nothing against min 

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bittrex-richie: i acutally like the community and i love starcraft.. 

inteus: Zhulick: but they should be punished!!! 
EndCiv
For instance.. (Bob) finding its way into the hands of the SubGenius, by paper wallets handed out at X-Day and through private Faucet url's given out only to it's FB/Twitter/Google Groups and forum. 

bittrex-richie: but i don't want to have to deal with this in a week when another coin copies what MIN did. 

Lilac: I don't know Richie. For the first time I truly feel a part of an open source movement. For the first time I feel competitive. I don't have much coin. To be honest, I have less than 9k, But I am shicked at the level of misinformation being directed at MIN 

*shocked 

bittrex-richie: what misinformation is that? there are a few simple facs 
facts 
1) the developer decided who got to see the code 
2) the developer controlled all the hash power.. AND he controled the blockchain... including the ability to fork, reverse, or do anything with it 
and i mean during the PoW phase 
and by no means am i saying this dev is bad... i'm saying we are giving devs yet another avenue to do bad things 

Lilac: Agree. But would you also concede that (i) Code was released as promised (ii) The community used the block explorer to verify the six pools hashes
 [b]
bittrex-richie: yup 
completely agreed 
i have no beef with the coin in its current state [/b]

Lilac: (iii) More small time miners were able to participate with the exercise 

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bittrex-rami: but that's the part I disagree with 

Sevith: You know 

Lilac: Excellent 

bittrex-richie: i have a problem with supporting a closed distribution PoW period that may or may not get popular 

Sevith: it doesnt matter to me if you add it or not, cuz ill sell it, and tbh i just dont want to use ccex cuz they are total shit 
;/ 

bittrex-rami: a) people were easily able to circumvent the 50Mh limit 

Lilac: Don't. Never do anything that is unclear, shady or unverified 

Pelk: ^ 
@rami 

bittrex-rami: b) Pools INCLUDE small time miners 
why do you think that pool = whale with bottomless pockets 
that's just silly 

Zhulick: minerals = a basketball league specifically setup for short white guys who cannot dunk or dribble, and only the ref knows the rules... you know - for fairness and stuff... 

Lilac: Yes, but I have mined before with my PC at pools, and I know where I stand 

bittrex-richie: its communism at tits best heh 

merx: &^^^^^^^^ 
+1000 

bittrex-rami: I'm sorry.. dress up the socialist pig all you like 

* merx back to shadows 

bittrex-rami: its still a pig 

* inteus pokes merx 

Pelk: i see no difference between a small miner who invested 1000€ and gets 100€ or a big farm with 10000€ and gets 1000€ there is no difference 
merx
more off topic, but similar point here 
you actually do more to stabalize the price of your coin 
by letting big fish mine 

Lilac: There is a difference. Large miners can dominate the supply, distribution and pricing with their enourmous hash 

bittrex-richie: lilac: and please don't take anything out of context... i have no issues with the coin as it is today.. 

merx: big fish are more apt to hold longer.. as they may not be as concerned with quick roi 

Lilac: and thus, enabling pump and dump 

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merx: with the rental game, anyone can do that 

Lilac: Richie, I;m glad to hear that. I was shocked at how you labelled us as fanatics ealier 

merx: not limited to hardware anymore 

bittrex-richie: Lilac: you should see some of the peopel taht come in here 
im happy to lay out my throughts and views 
but peopel that come in threatning and swearing is ridicoulous 

Lilac: I know. I have come across a few at C-Cex. But you are one of the largest figures on the landscape, Richie. What you say carries weight. 
Hence my concern 

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bittrex-richie: And people take what i say and take it out of context and post it ... 
that why i suually keep my mouth shut ;) 
[b]like i said... rami bill and I are stil debating on what to do 
with great power comes great responsilbity crap [/b]

Lilac: Fair enough. We can ask for nothing more. As a parting note, check out MINs price growth at C-Cex. Have you ever seen anything similar? It is organic. :) 

bittrex-rami: *blink* 
what have you done with richie 

[b]bittrex-richie: Lilac: yeah i've been watching it... trust me.. id rather not see you guys deposit BTCs in that place 
for the safety of your btc [/b]

Pelk: lilac take rzr as a good example of big ascic and stable price 

Lilac: Thank you 

Pelk: 80ghs nethash 
!price rzr 
bittrex
bittrex.com - BTC/RZR bid: 0.00207504 ask: 0.00212990 last: 0.00207502 24h Volume: 614.49822167 

BtcBob
You all WILL FRY in HELL ON EARTH alongside the PINK BOYS, come X-Day ..without "BOB" 
Not a threat.. I'm just say'n 
EndCiv
=) 

Lilac: Bittrex is at least 20-30 times larger than C-CEx. Imagine what Bittrex could do to a coin without any giant bagholders... 

bittrex-richie: eheh 
there is ALWAYS a bag holder ;) 

Zhulick: yeah, usually me :)))))) 

powersup: I think, for now its pointless trying to convice bittrex to add Min 
they will, or wont add it in the future 

Pelk: lilac the 50mhs was so easily to abuse 
system* 

Lilac: I know Pelk. 

bittrex-richie: i dont midn having intelligent conversations about it 

powersup: If the coin is a true pioneer other exchanges will pick it up 

Lilac: But it was a deterrent of sorts 

bittrex-richie: i bug mingers.... i bug pool owners 

powersup: and it will remain tradable 

Zhulick: it was a deterrent from competition... 

powersup: and im not talking about distribution 

bittrex-richie: i still havent' made up my mind.. 

powersup: im talking about the next phase 

Lilac: Powersup, Nah, I can sense the gears shifting in Richie's head (not Rami though - he is just about to zap me) 

[b]bittrex-richie: eh... rami is against.. bill is pro.. i'm on the fence... [/b]

EndCiv: I shoulda gone balls out hostile.. instead of using humor 

bittrex-richie: if you must know 
powersup
chill, as i said, they will or will not add it 
you can show a horse to water 

bittrex-richie: but we all flip flop lol 

BtcBob: no.. balls out is a very bad look for you bruh 

Lilac: Alright fellas. HAve a great rest of the evening.Do what you think is best 

bittrex-richie: take it easy