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Topic: [ANN][TAO] Tao, AltMarket & FanMix - Real Solutions for the Music Industry! - page 3. (Read 93042 times)

full member
Activity: 140
Merit: 102
If I ever run for political office, I will pay whatever it takes to get ACG to run my campaign. I really gotta give him respect for such a rock solid, unwavering display of loyalty, even if I don't think that is a good way to be...can't help but admire a man of principles.

ACG would march into the ninth circle of hell for bryce, and I can't quite tell if he's simply shilling for the promise of profit, or if he truly is the most loyal man alive. I'm leaning towards the latter, to be honest.

cheers, bud
member
Activity: 408
Merit: 11
Well after years of trying to get my TAO off Yobit. they have been ignoring my support tickets for the last year or so,
It looks like i can kiss 120K goodbye. i have submitted a request for the source code update. with the appropriate links.
If anyone here can be fucked can you please do the same, the market is still there, but it is dead as deposits n withdraws are not functional.
 Shocked Shocked Shocked Sad Sad Sad Sad

I'm sorry to hear you lost coins on Yobit. I originally created this account back in 2016 because I was having problems with them, which you can see if you look at my earliest posts. I ended up dumping my coins on there for BTC at a loss and then rebuying over on Livecoin before they started pulling the same crap.

Unfortunately I don't think you're going to have any luck getting your coins off Yobit, especially after all of this time. Sad

I don't know of anyone who has had any issues with qTrade.io where most of the volume has been for a while now, so that's probably your best option right now.

AltMarket will start having volume after the coin swap and the relaunch of the exchange which will be happening together this month. After the updates, the new API will enable a market making bot which will provide the liquidity the Tao markets have been missing, along with arbs between exchanges.

Hope you find a way to recoup some of your losses from Yobit.
sr. member
Activity: 433
Merit: 250
Well after years of trying to get my TAO off Yobit. they have been ignoring my support tickets for the last year or so,
It looks like i can kiss 120K goodbye. i have submitted a request for the source code update. with the appropriate links.
If anyone here can be fucked can you please do the same, the market is still there, but it is dead as deposits n withdraws are not functional.
 Shocked Shocked Shocked Sad Sad Sad Sad
member
Activity: 408
Merit: 11

I'm looking forward to setting up my first masternode once the bridge from the old to the new network is up and running, which I think will be in the next week or so.

It will tie my coins up and even if I stop running the mn they'd be locked up in the smart contract for a month, but I've been holding and staking for the long term since 2016 so it's more of a feature than a bug as far as I'm concerned.  Cool

July 5th update:

So I was mistaken with my personal guesstimate about how long it would take, but the network is up and running in its final form as of the beginning of the month:



The coin swap will be happening in the immediate future, coinciding with a full revamp and relaunch of AltMarket which is currently in testing. Coins deposited before the relaunch will be swapped for you by AM staff and someone is working with qTrade to get them to do the same.

You will be given 15% more Tao after the swap from v1:



If you miss the window for the initial swap on AM there will be a smart contract "bridge" you can use on your own which will be made available sometime after the AM swap.

Everything will be happening in phases over the course of July and should be completed for most people by the first of August, but the smart contract bridge will be available indefinitely. 

There will be mobile wallets coming out in the same timeframe, as well as market maker and arb bots,


and new smart contracts supporting ERC-20 style artist tokens like ODB running on the Tao network, based on a modified version of Tomochain's TRC21 standard. A DEX is coming later which will support Tao and the TRC2 tokens




AltMarket got $500K in VC money a few months ago, a portion of which will be used to fund market making on the TAO market on AM, which should provide some nice liquidity:


Bryce will give a 72-hour warning to get your funds deposited on https://exchange.alt.market/ for the initial swap. This heads up should happen sometime in the next few days. I will post an update here as soon as I see his notification in the slack



Again, if you miss this initial window you'll still be able to use the smart contract bridge to move to the new network later.

I've already moved my funds to the exchange and have been helping some friends who I gave some to 2-3 years ago deposit their funds, as well as lending a hand to a couple of people in the slack and on twitter. So you don't need to wait to deposit if you are worried about missing the initial swap window.

In the mean time, here is a link to the official repository where you can review the code and start on setting up a node if you're interested in running a masternode. If you check my math upthread you'll find the economics look really good. Smiley

https://github.com/Tao-Network/tao2

Note: the above link is a different URL from the early draft version some of the goofballs who like to hang around this thread without contributing anything foolishly seized upon earlier this year. I'm sure they'll be back to make fools of themselves again since I've updated the thread. Just watch.  Roll Eyes


Oh, and you can also see some network stats here: https://stats.tao.network/

A Tao2 explorer here: https://scan.tao.network/

and a web wallet here: https://wallet.tao.network/
member
Activity: 408
Merit: 11

You'll note that not only does the NY Times vet the legitimacy of people they interview

Like most everything you write, this is objectively bullshit. They didn't "vet" shit. They just found some doofus willing to be mentioned as shamelessly taking government money meant for the relief of small business owners impacted by the coronavirus.

Yes. Of course. The New York Times just randomly interviews people and then sends photographers out during a pandemic lockdown to take pics for the article! 😂 🤣 🤣

Comedy fucking gold. How is this site free??  Cheesy



You guys are just embarrassing yourselves again, but are too dense to realize it.









April 27, 2020 update:

Bryce and AltMarket have been featured in part of an article in today's New York Times

https://www.nytimes.com/2020/04/27/technology/startups-sba-loans-backlash.html

You'll note that not only does the NY Times vet the legitimacy of people they interview, but AltMarket was able to get approved for a loan through the SBA which is only available to legal, tax-paying businesses. Nice nod to ODBcoin, too.

In the meantime, the new Ethereum-derived/EVM-based Tao network is up and running and is in the process of final tests before it will be possible to swap your coins over to the new network.

Coming shortly after will be mobile wallets; more to come after that. Expect a series of further announcements.  Smiley

This is really great news for Bryce and AltMarket

Yes, it is!

I'm looking forward to setting up my first masternode once the bridge from the old to the new network is up and running, which I think will be in the next week or so.

It will tie my coins up and even if I stop running the mn they'd be locked up in the smart contract for a month, but I've been holding and staking for the long term since 2016 so it's more of a feature than a bug as far as I'm concerned.  Cool
newbie
Activity: 1
Merit: 0
April 27, 2020 update:

Bryce and AltMarket have been featured in part of an article in today's New York Times

https://www.nytimes.com/2020/04/27/technology/startups-sba-loans-backlash.html

http://acgimg.s3.amazonaws.com/Bryce-AltMarket-New-York-Times-2020-04-27.jpg

You'll note that not only does the NY Times vet the legitimacy of people they interview, but AltMarket was able to get approved for a loan through the SBA which is only available to legal, tax-paying businesses. Nice nod to ODBcoin, too.

In the meantime, the new Ethereum-derived/EVM-based Tao network is up and running and is in the process of final tests before it will be possible to swap your coins over to the new network.

Coming shortly after will be mobile wallets; more to come after that. Expect a series of further announcements.  Smiley

This is really great news for Bryce and AltMarket
member
Activity: 408
Merit: 11
April 27, 2020 update:

Bryce and AltMarket have been featured in part of an article in today's New York Times

https://www.nytimes.com/2020/04/27/technology/startups-sba-loans-backlash.html



You'll note that not only does the NY Times vet the legitimacy of people they interview, but AltMarket was able to get approved for a loan through the SBA which is only available to legal, tax-paying businesses. Nice nod to ODBcoin, too.

In the meantime, the new Ethereum-derived/EVM-based Tao network is up and running and is in the process of final tests before it will be possible to swap your coins over to the new network.

Coming shortly after will be mobile wallets; more to come after that. Expect a series of further announcements.  Smiley
legendary
Activity: 3010
Merit: 8114
Quote
Can I ask what file you're looking at? I see in the Tao2 repository the COPYING file hasn't been updated.

Sure. That file still refers to the original source (ethereum, of which Tomo is a fork).

The file I'm referring to is the LICENSE file in the docs repository, which was changed to refer to Tao rather than Tomochain in this commit: https://github.com/taoblockchain/docs/commit/c56c2abe487301f9a461d1749cb1ba3c422afe35#diff-9879d6db96fd29134fc802214163b95a

Which is explicitly not allowed by the MIT license (basically it's the only thing not allowed).

It's also funny that Bryce is claiming copyright of the whole documentation repo going back all the way to 2018.

And it doesn't really matter if it's a "work in progress" or not. Distributing that stuff without including the copyright notice is copyright infringement, plain and simple.

And on the whole doing a search-and-replace without checking at the very least that you're not breaking copyright with it is pretty much the absolute lowest bar you should clear.

Thanks. Just to illustrate what you're saying, here is the change being made by Bryce:



Here is what it says under these words:



It specifically says "the above copyright notice... shall be included in all copies" yet he changed it from TomoChain to Tao... He didn't even think to change the year!  Cheesy

Definitely a violation of the copyright notice, and again, demonstrates a sheer lack of morals, respect for the work of others, and originality. He can't be bothered to come up with a single original idea of his own because he clearly has no interest in thinking about this as a long-term project.

It will be interesting to see if he bothers changing it. My guess will be "no" because he thinks he's sticking it to us by knowingly engaging in copyright infringement.
member
Activity: 408
Merit: 11
Warning to all readers.
Warning to all readers, Lauda is a known liar and internet tough guy.  Cheesy




Thought these were a bit interesting, crypto celebrity "endorsements" of Bryce:

Dude, did you seriously just dredge up and quote some old tweet from Brock Pierce of all people?? 😂🤣  That is really funny. Thanks for that.

Quote from: nutildah
And, for a bonus:


Fast forward 3 and a half years:



Give notsofast some free shit and his opinion can be changed quite easily, I guess. LOL.

lol. Typical dishonesty from you, Nutty.  I mean, soooooo typical. 

You know that NotSoFast just a few days ago replied to one of your tweets saying that while he originally thought Bryce was a scammer, he changed his mind and one of the reasons he owns it is because of the upside potential of his redemption story.



You also know he's owned Tao since 2017 so you're lying when you imply he was paid to tweet positively about it. You're also implying he violated securities laws by making a paid promotion like that, so you should probably report him to the SEC.  Like you did with Bryce via your Coinclarity account, remember that? What happened with that again? 🤔



I'll say it again. Be a better person.

And "Altmarket3," Bryce says the Tomo corporation should take him to court if in fact he did damages to them and broke the law in some way. Stop whining on forums and do something if you actually think he's breaking the law.

You guys are just embarrassing yourselves again, but are too dense to realize it.
legendary
Activity: 2674
Merit: 2965
Terminated.
newbie
Activity: 26
Merit: 2
Quote
Can I ask what file you're looking at? I see in the Tao2 repository the COPYING file hasn't been updated.

Sure. That file still refers to the original source (ethereum, of which Tomo is a fork).

The file I'm referring to is the LICENSE file in the docs repository, which was changed to refer to Tao rather than Tomochain in this commit: https://github.com/taoblockchain/docs/commit/c56c2abe487301f9a461d1749cb1ba3c422afe35#diff-9879d6db96fd29134fc802214163b95a

Which is explicitly not allowed by the MIT license (basically it's the only thing not allowed).

It's also funny that Bryce is claiming copyright of the whole documentation repo going back all the way to 2018.

And it doesn't really matter if it's a "work in progress" or not. Distributing that stuff without including the copyright notice is copyright infringement, plain and simple.

And on the whole doing a search-and-replace without checking at the very least that you're not breaking copyright with it is pretty much the absolute lowest bar you should clear.
legendary
Activity: 3010
Merit: 8114
You know what isn't allowed, according to the license of that?

Changing the copyright notice.

You can do basically whatever you like with it, as long as you leave the copyright notice intact.

Guess what Bryce didn't do?

Can I ask what file you're looking at? I see in the Tao2 repository the COPYING file hasn't been updated.

Thought these were a bit interesting, crypto celebrity "endorsements" of Bryce:





But I'm sure they are also wrong, just like the 100+ other people who have gone on record saying Bryce Weiner is a scammer.

And, for a bonus:




Fast forward 3 and a half years:



Give notsofast some free shit and his opinion can be changed quite easily, I guess. LOL.
member
Activity: 408
Merit: 11
It's a pretty strong assumption to make that price would be entirely unaffected by something like 20-25 % increase in supply.. Annually.

For two years I believe, then the intention is to have the DEX fees cover this. And it also fails to consider that there would be many investors who would not just dump all that Tao on the market but use it as delegates and/or stockpile enough to run another masternode.

But of course you're not only commenting without knowing that, or ignoring it, but you're looking at it in isolation without the rest of the ecosystem being considered.


Quote from: altmarket3
Oh the docs? The docs which are also still mostly unattributed verbatim copies of Tomo documentation?

A) it's already well established and even specifically disclaimed in the introduction that it's a work in progress

B) you're lying again, all the attribution is still there in the commits

C) if you're implying the documentation should be rewritten from scratch just to please you, that's just dumb and you should feel silly for suggesting it


Quote from: altmarket3
You know what isn't allowed, according to the license of that?

Changing the copyright notice.

You can do basically whatever you like with it, as long as you leave the copyright notice intact.

Guess what Bryce didn't do?

If you're referring to https://docs.tao.network/products/taoissuer/termofcondition/ then it's been fixed. Thank you for helping out! See? You can be useful! Good for you, little buddy!  Wink






I think I'll paste the economics and tech specs section of my last post down here since you've pushed us onto a new page. Thanks for keeping the thread surfaced, BTW.



Anyway, I'm going to now post about something more interesting than wasting my time verbally fencing with you.  

Let's talk a little about a couple of the technical specifications and the masternode economics.

I'm really looking forward to setting a masternode up for myself. This is what I've been waiting for; creating a sort of basic income for myself, quite at contrast with the short term mindset of the troll accounts hovering gnat-like around this project who all are obsessed with dumping coins.   Roll Eyes

So first off, the new EVM-based Tao network will be DPOS as previously mentioned, and will activate the masternodes which have been discussed since the Tao launch but never implemented until now. For this explanation I will use the abbreviation mn interchangeably with the full spelling.


Tao will feature 5 second average block times and the block reward will be 1 TAO per block. This will lead to an average 17,280 blocks per day, and the same number of TAO generated daily, which will be disbursed to all of the masternodes as well as to the delegates pledged to those masternodes.

For each TAO going to a masternode, 50% goes to the pledged delegates split proportionately to their pledges, 40% goes to the owner of the mn, and the balance goes to the board of governors to fund further development of the network.  

So for each TAO disbursed, .4 TAO will go to the operator, .5 to be split up proportionately to the delegates, and .1 to the board of governors.

The board of governors will be elected from the active masternodes by all Tao holders by amount of pledges per mn.

DPOS will work better for people with smaller balances since they will always earn proportional staking rewards when pledged to an active masternode, unlike traditional POS blockchains where people with small balances often don't get a chance to stake.


To clarify terminology for those who aren't familiar with DPOS, a masternode is an active node on the network and in the case of Tao requires 100,000 TAO to set up. There can be a maximum of 150 masternodes at any given time, a number which has been discussed within the Tao community for a few years now.

Which masternode candidates will be active is determined by the amount of delegates pledged to a given mn.  This means anyone who holds TAO can basically vote for a mn by temporarily locking their funds into a smart contract linked to that mn.  This is called pledging delegates.


At first there will presumably be fewer than 150 mn candidates so anyone who sets up a mn following the detailed instructions in the documentation will participate as active masternodes. After more people set theirs up that will create competition and incentivize mn operators to make sure their server specs are as robust as possible.  

And yes, this will be something best done on a server rented through AWS or DigitalOcean or a similar service, not on your laptop let alone a Raspberry Pi.  


So, now let's run some numbers and talk economics.

As mentioned, there are 17,280 new TAO generated by masternodes daily. This would total 518,400 in a 30-day month, or about 6.3 million in a 365 day year.

We'll consider two scenarios. One will be an initial scenario where we'll assume 25 masternodes in operation early on, the second will be further down the road when there are the max 150 mn in operation. We'll focus mainly on monthly income because I like to think of it like a basic income of sorts, or you could think of it as a business with monthly costs and profits if you prefer that model.

I won't bother talking about hypothetical future prices but will just go through the math using 2 cents per TAO as the price, which is half the price of ~4 cents per coin as I write this on April 20th, 2020.

Prices are in USD and should be considered examples. The point of this exercise is not to make a promise of earnings, but give you the formula I'm using to reach my projected numbers so you may run your own numbers and of course check my math.

17,280 per day * .02 = $345.60 average per day,
$345.60 * 30 days in a month = $10,368 average per month generated in total


This is then split between the block producers (masternodes) so

  • if 25 masternodes, then $10,368 / 25 = $414.72 monthly average per mn
    Masternode operator $414.72 * .4 = $165.88 monthly average
    Pledged delegates $414.72 * .5 = $207.36 monthly on average, shared proportionately
    and then the share to the board of governors $414.72 * .1 = $41.47 monthly avg from each mn


  • if 150 masternodes, we'd be looking at $10,368 / 150 = $69.12 monthly per mn
    Masternode operator $69.12 * .4 = $27.64 monthly
    Pledged delegates $69.12 * .5 = $34.56 monthly, shared proportionately
    and then the share to the board of governors $69.12 * .1 = $6.91 monthly from each mn


Now there is no sunk cost for the delegates beyond what they paid for their Tao in the first place.

Mn operators OTOH have to pay server rental fees.  These fees would start at about $40 per month, based on DigitalOcean pricing, and then as things become more competitive and resource intensive as the user base and blockchain both grow, this could soar to $320 a month, possibly more, again based on DO pricing.

So right out of the gate, it should be very profitable to run a masternode, assuming the 25 mn estimate is accurate.

I've given you the math so you can plug in alternative numbers and see how it works out if there are fewer to start with, but 25 seems like a plausible approximate starting number. 150 is the max possible so we can be confident projecting the worst case scenario given any given TAO price per coin.

I do think it is reasonable to assume that if more people buy the 100K TAO needed to run a masternode, this would likely result in the price of TAO rising due to slippage. Again, I'm not going to speculate here on future prices, but I don't think that's an unreasonable assumption. YMMV.  

I've been having fun running these hypothetical projections, so I thought I'd share the math with you so you could run your own.  This of course should not be construed as investment advice. If you see any errors in my math, please feel free to mention it and I'll be happy to revise my numbers.
newbie
Activity: 26
Merit: 2
It's a pretty strong assumption to make that price would be entirely unaffected by something like 20-25 % increase in supply.. Annually.

Oh the docs? The docs which are also still mostly unattributed verbatim copies of Tomo documentation?

You know what isn't allowed, according to the license of that?

Changing the copyright notice.

You can do basically whatever you like with it, as long as you leave the copyright notice intact.

Guess what Bryce didn't do?
member
Activity: 408
Merit: 11
I'll just note that once again, as is tradition, nothing is your fault.

Not indefinite delays, not lack of PR, not lack of results, not failed deployments, not lack of documentation, not lack of attribution to previous work.

Nothing.

It's all a big conspiracy against y'all, right? Or things being "unexpectedly" difficult. Or "temperamental artists", or "shitty family", or "some guy" posting on fucking Bitcointalk.

I mean, I get that that's a much better feeling, but it won't get you much of anywhere, I'm afraid.

What are you on about? You guys just love twisting words around. I don't know how any of those things you listed have anything to do with me, and some of those things aren't, to my knowledge, even a thing.

Whatever. I'm not whining, as should be clear from my last post, but the troll accounts like "Altmarket3" do have a regular habit of the least charitable interpretation, so at least you're consistent I guess.  Roll Eyes

I'm not going to reiterate in detail how idiotic it is to claim there is a lack of attribution in the work-in-progress codebase when there are literally over 11,000 attributions right there in the commits plus one in the description. Not my problem if you can't use GitHub or can't be honest about it if you are able to.

No PR isn't "somebody else's fault" anyway, there has been PR, just not in a while and not at scale because there's no sense in wasting money before the right time. This isn't a PND like you want it to be; that would be PND behavior. The point of me mentioning that there hadn't been PR was more a suggestion of readers considering the results once there actually is, which will happen when the time is right.

It's so weird how these attacks claiming the project is a scam are so often based on the NON scammy behavior. Fucking silly.

That said, what PR has been done has been largely small scale tests which have actually done quite well. Lots of coverage of the ODBcoin pre-launch, for example, including plenty outside of crypto press.

Oh, and there is actually extensive documentation, I just haven't posted it here yet since it's a work in progress.

Look what happened the last time I posted a work in progress. Massive waste of my time debunking nonsensical plagiarism claims when the citations and attribution are all right there wether you care to acknowledge them or not.

Also, your insults notwithstanding, it seems to me you're actually the only guy in the whole Tao "community" that's actually doing any sort of real work. You might want to use that energy and drive for something or some group that'll actually appreciate that.

I only insult people who are wasting my time like yourself. Your entire account exists for no other purpose. Why don't you do something productive?

And many in the Tao community have said they appreciate my efforts more than once, so again, not sure what you're talking about.

There are others helping out as well, like Mike who has been busy updating and editing the voluminous documentation, something I've been helping out with just recently as well.



Anyway, I'm going to now post about something more interesting than wasting my time verbally fencing with you.  

Let's talk a little about a couple of the technical specifications and the masternode economics.

I'm really looking forward to setting a masternode up for myself. This is what I've been waiting for; creating a sort of basic income for myself, quite at contrast with the short term mindset of the troll accounts hovering gnat-like around this project who all are obsessed with dumping coins.   Roll Eyes

So first off, the new EVM-based Tao network will be DPOS as previously mentioned, and will activate the masternodes which have been discussed since the Tao launch but never implemented until now. For this explanation I will use the abbreviation mn interchangeably with the full spelling.


Tao will feature 5 second average block times and the block reward will be 1 TAO per block. This will lead to an average 17,280 blocks per day, and the same number of TAO generated daily, which will be disbursed to all of the masternodes as well as to the delegates pledged to those masternodes.

For each TAO going to a masternode, 50% goes to the pledged delegates split proportionately to their pledges, 40% goes to the owner of the mn, and the balance goes to the board of governors to fund further development of the network.  

So for each TAO disbursed, .4 TAO will go to the operator, .5 to be split up proportionately to the delegates, and .1 to the board of governors.

The board of governors will be elected from the active masternodes by all Tao holders by amount of pledges per mn.

DPOS will work better for people with smaller balances since they will always earn proportional staking rewards when pledged to an active masternode, unlike traditional POS blockchains where people with small balances often don't get a chance to stake.


To clarify terminology for those who aren't familiar with DPOS, a masternode is an active node on the network and in the case of Tao requires 100,000 TAO to set up. There can be a maximum of 150 masternodes at any given time, a number which has been discussed within the Tao community for a few years now.

Which masternode candidates will be active is determined by the amount of delegates pledged to a given mn.  This means anyone who holds TAO can basically vote for a mn by temporarily locking their funds into a smart contract linked to that mn.  This is called pledging delegates.


At first there will presumably be fewer than 150 mn candidates so anyone who sets up a mn following the detailed instructions in the documentation will participate as active masternodes. After more people set theirs up that will create competition and incentivize mn operators to make sure their server specs are as robust as possible.  

And yes, this will be something best done on a server rented through AWS or DigitalOcean or a similar service, not on your laptop let alone a Raspberry Pi.  


So, now let's run some numbers and talk economics.

As mentioned, there are 17,280 new TAO generated by masternodes daily. This would total 518,400 in a 30-day month, or about 6.3 million in a 365 day year.

We'll consider two scenarios. One will be an initial scenario where we'll assume 25 masternodes in operation early on, the second will be further down the road when there are the max 150 mn in operation. We'll focus mainly on monthly income because I like to think of it like a basic income of sorts, or you could think of it as a business with monthly costs and profits if you prefer that model.

I won't bother talking about hypothetical future prices but will just go through the math using 2 cents per TAO as the price, which is half the price of ~4 cents per coin as I write this on April 20th, 2020.

Prices are in USD and should be considered examples. The point of this exercise is not to make a promise of earnings, but give you the formula I'm using to reach my projected numbers so you may run your own numbers and of course check my math.

17,280 per day * .02 = $345.60 average per day,
$345.60 * 30 days in a month = $10,368 average per month generated in total


This is then split between the block producers (masternodes) so

  • if 25 masternodes, then $10,368 / 25 = $414.72 monthly average per mn
    Masternode operator $414.72 * .4 = $165.88 monthly average
    Pledged delegates $414.72 * .5 = $207.36 monthly on average, shared proportionately
    and then the share to the board of governors $414.72 * .1 = $41.47 monthly avg from each mn


  • if 150 masternodes, we'd be looking at $10,368 / 150 = $69.12 monthly per mn
    Masternode operator $69.12 * .4 = $27.64 monthly
    Pledged delegates $69.12 * .5 = $34.56 monthly, shared proportionately
    and then the share to the board of governors $69.12 * .1 = $6.91 monthly from each mn


Now there is no sunk cost for the delegates beyond what they paid for their Tao in the first place.

Mn operators OTOH have to pay server rental fees.  These fees would start at about $40 per month, based on DigitalOcean pricing, and then as things become more competitive and resource intensive as the user base and blockchain both grow, this could soar to $320 a month, possibly more, again based on DO pricing.

So right out of the gate, it should be very profitable to run a masternode, assuming the 25 mn estimate is accurate.

I've given you the math so you can plug in alternative numbers and see how it works out if there are fewer to start with, but 25 seems like a plausible approximate starting number. 150 is the max possible so we can be confident projecting the worst case scenario given any given TAO price per coin.

I do think it is reasonable to assume that if more people buy the 100K TAO needed to run a masternode, this would likely result in the price of TAO rising due to slippage. Again, I'm not going to speculate here on future prices, but I don't think that's an unreasonable assumption. YMMV.  

I've been having fun running these hypothetical projections, so I thought I'd share the math with you so you could run your own.  This of course should not be construed as investment advice. If you see any errors in my math, please feel free to mention it and I'll be happy to revise my numbers.
newbie
Activity: 26
Merit: 2
I'll just note that once again, as is tradition, nothing is your fault.

Not indefinite delays, not lack of PR, not lack of results, not failed deployments, not lack of documentation, not lack of attribution to previous work.

Nothing.

It's all a big conspiracy against y'all, right? Or things being "unexpectedly" difficult. Or "temperamental artists", or "shitty family", or "some guy" posting on fucking Bitcointalk.

I mean, I get that that's a much better feeling, but it won't get you much of anywhere, I'm afraid.

Also, your insults notwithstanding, it seems to me you're actually the only guy in the whole Tao "community" that's actually doing any sort of real work. You might want to use that energy and drive for something or some group that'll actually appreciate that.
member
Activity: 408
Merit: 11
Wow, uh....

I'm not sure that you claiming to have been foiled by a single guy (or a small group or w/e) from untold riches (who, apparently, somehow has made all your mistakes for you) gives quite the impression you want to give.

Perhaps if there was some actual merit to the project rather than it being a lot of hot air, minimal fronts and PoCs (mostly bought or "borrowed" open source projects and stock images), and if it had been headed up by someone with actual experience, knowhow, trustworthiness, and skill (rather than Bryce)...

Perhaps.

Oh well.

 Roll Eyes

I don't care what impression it gives you. You came into this with your set false impression and I'm not going to waste my time trying to change it.

My point being that Bitcointalk is still one of the main sources of public information for cryptocurrencies. And for Tao it is just about the only public source of information for anyone unfamiliar with it who might want to learn. As such, BCT has an undue influence on the public perception of cryptos and specifically Tao. And high-ranking members of the site have an undue influence on how projects can be discovered and viewed when discovered by visitors.

Every time I've published any updates, you and various other accounts, at least two run deceptively by a single person who appears to coordinate with others, have acted to bury my posts in tediously repetitive attacks that have no real bearing on the updates I'm trying to share.

And now, this has been escalated with a completely unjustified flag on my account and the posting account, leading anyone unfamiliar with the project to see a false warning which of course would immediately give a negative perception and cause 90+ percent of new people to bail without learning any actual facts.

The project has more merit than most in crypto, something I've articulated and demonstrated for some time, but there's little way for someone trying to look into it to actually be able to evaluate it on it's genuine merits. 

So yes, it is reasonable to suppose that the price has been suppressed as a result so part of what I was establishing was that it's disingenuous at best to use the price as a strike against it.

But nothing being done by all of you accounts, however many people are actually behind them, will ultimately matter. Have a nice day.
newbie
Activity: 26
Merit: 2
Wow, uh....

I'm not sure that you claiming to have been foiled by a single guy (or a small group or w/e) from untold riches (who, apparently, somehow has made all your mistakes for you) gives quite the impression you want to give.

Perhaps if there was some actual merit to the project rather than it being a lot of hot air, minimal fronts and PoCs (mostly bought or "borrowed" open source projects and stock images), and if it had been headed up by someone with actual experience, knowhow, trustworthiness, and skill (rather than Bryce)...

Perhaps.

Oh well.
member
Activity: 408
Merit: 11

Does this sound like the type of project you would seriously consider investing in?

Can't help but notice that you, as usual, did not reply to my last post above where I once again explain to you how cloning a cryptocurrency works as I have been forced repeatedly to do to you in this thread and in your false accusation thread which I'm no longer able to reply to to defend myself against your lies and half truths.

This is deflection on your part, which you keep accusing me of for some damn reason, despite pages and pages of evidence to the contrary.  Roll Eyes  I actually directly respond to your nonsense over and over to the point where people ask me why I keep bothering since you are so obviously such a bad actor.

Anyway, I then point out that in the very screencap you posted, it shows that Bryce is only a little ways through the cloning process and that it is perfectly normal at an early stage of the cloning process for much of the text to simply have the coin name and symbol replaced before making further changes.

I've explained this to you repeatedly, but you ignore it because you know it proves you wrong.  

Now on to your latest post. I've removed the tweets you screencapped from this reply to save space since they are easily viewed immediately upthread.

If you were an honest person with integrity, you might have posted some caps of the other replies to that account's tweets so more than one perspective can be seen.

I'll do it for you.

First tweet below, you can see I offer to help Vxtron and make sure he knows that if he choses to participate in the upcoming coin swap to the new EVM-based network, that he will get a 10-15% bonus on however many Tao he holds at the time of the swap.

I also tell him we will not attack him the way you attack people.



and then when one of our community members says something uncharitable to Vxtron, I immediately step in and defuse the situation and ask him to treat V with fairness and take the high road



I ask the people reading this, does Nutildah seem like someone you can trust when he attacks and attempts to harm coin networks and people he dislikes?

Given how demonstrably dishonest he is with selective editing and constant misrepresentation of facts?




OK, below this line I will respond to Nutildah's most recent post in the false accusation thread which he has locked preventing me from being able to respond there. I will manually quote to respond as best I can the points I'm able to address.



Quote from: nutildah link=topic=5239328.msg54238670#msg54238670

There's tons of evidence. It's been presented in various forms for over 5 years now.

There is a fair amount of hearsay and your own claims and attacks which you have made for years and years against Bryce in your weird obsessive vendetta. Few, if any, amounting to more than at best circumstantial evidence, none of which I can really respond much to, but I'll say what I can without having any direct knowledge of any of the claims.

Quote from: nutildah link=topic=5239328.msg54238670#msg54238670
Let's start with this as it is directly related to Tao:

Quote from: Krypto Superdog
Why did Hakim Draper drop out of the project?  was he the connection to the ODB estate?  
Whats the reason for the pivot away from celebrity endorsed tokens?  it seems like the mission of fanmix is to onboard indie artists, right?

Here we have Hakim Draper, who despite leaving the project over a year and a half ago is still referenced on the Tao website as a "project founder," directly acknowledging having been ripped off by Bryce Weiner. Seems like Bryce could have edited his documents to reflect Draper's departure at some point since September 2019, that is, if he wasn't still using his name and connections to shill Tao.

OK, apparently I guess there's a pdf file still on the site I wasn't aware of which mentions him as a founder, which he was.

I really can't comment on this old situation because I don't know anything about it other than Draper tweeted a comment which he deleted a short time after. Draper I will note still does follow the official Tao twitter account, which may be deliberate or it may be unintentional, I have no idea and I can't really comment on this.

But I thought I'd at least try to respond to be fair.

This is what Kris, who is more familiar with the situation had to say on Twitter:



As for what Krypto said above, there is no pivot that he's claiming with FanMix that I can see. It was never about celebrity endorsed tokens, it has always been about official branded cryptocurrency/digital merchandise which is a different thing from a regulatory standpoint and one of the reasons the regulators have a positive view of what Bryce has been doing.

Anyway, the way Fanmix works is when an artist, whether indie or otherwise, uses the Fanmix platform to crowdfund an album the way that SMANTX did successfully last year.

They are issued a branded cryptocurrency if they raise at least $10,000, which SMANTX unfortunately did not as the first test case for the platform.  Anyone who helps fund a band's crowdfund gets a proportional share of the coins with one coin generated per dollar spent if the threshold is met.

So that doesn't seem much like a pivot to me so much as a minor tweak to the process, but that's just how I see it.

Large name artists are generally more encumbered by their contracts and may not be given permission to use the FanMix platform prior to a track record of fundraising success. So it seems a bit weird to me to find something sinister in the way this is being done step by step and gradually like a real business instead of rapidly like a typical crypto PND.

Quote from: nutildah
Not to mention the various problems people have been having with Bryce's alt.market exchange:

Here Nutildah posts two anecdotes which you're free to read if you check out the thread with the quote link near the top of this post.  

Since I try to honestly respond to everything I am able to, I tend to be long winded and I'll save some space by not reposting them and because Nutildah has locked the thread and I can't use the quote button anyway.  Not to mention these things have been brought up previously in this thread so we're really just rehashing old stuff as usual.

Anyway, I don't know anything about it any of the claims and so can't comment. I can say that I have traded on AltMarket for whatever it's been a year or two now that it's been running in limited form while other pieces are being built.

I personally have had a couple of minor issues with delivery of email 2fa codes which were resolved when I or someone else who had an issue mentioned it, and I have traded successfully a fair amount.

I also sold a small number of Tao back in I think it was last year for USD and since my bank is a very small locally owned outfit, it's not supported by Plaid which AM uses and I had no way to withdraw to my bank. So I asked Bryce if he could help and he wired the money to me at his personal expense. Which was nice of him and he could easily have charged me but didn't.

So I have no complaints about my own experiences and simply cannot comment about anyone else's. I do think that if there had been many issues I would have probably heard about them in the slack but I can't recall any cases.

Best answer I can give you. But you can't honestly claim I didn't try.

One thing I will mention is that AltMarket has effectively been in beta all this time and it looks like we are about to get the first non-beta version in the near future:



I sincerely hope if anyone has had issues during the extended beta that they are able to have them resolved.


Then, in response to me saying that the still in the early phases of development Tao2 repository maintains all 11,000+ commits going all of the way back through Tomo and back to Ethereum which it was forked from, giving credit to every person who contributed is crediting the source, Nutildah replies

Quote from: nutildah
No, its not. Crediting the source would have been mentioning TomoChain anywhere in the documentation. He purposely removed all references to "TomoChain" and replaced them with "Tao." If he wanted to be honest from the get-go he would have just done a proper fork of TomoChain instead of just copy/pasting it into his own repository. Only after he got caught did he make a few changes.

1. Again, he simply replaced the word "TomoChain" with "Tao", and changed a few others words. He obviously is trying to pass it off as his own work. If he wasn't, he would have come up with his own project description for his own project.

2. It is NOT "entirely unique." It is 90% plagiarized! Take a closer look:


Nutildah then goes on to post a screenshot of an old version of the readme file acting like Bryce having completed the very first steps of the standard, legal, and ethical way one ALWAYS clones a cryptocurrency--something I have gone over in detail in this thread and the false accusation thread and will not waste my time reiterating further-- completely ignoring the fact that Bryce has not finished the process so it is not evidence of wrongdoing and Nutildah's argument is demonstrably stupid and nonsensical.

I mean, this is literally the core of his argument and he cannot possibly be this obtuse.

IT IS HOW YOU CLONE A COIN AND THE PROCESS IS NOT FINISHED YET.  AS IS DOCUMENTED BY THE SCREENCAP ABOVE AND COMMON SENSE.


1) You always start with these exact changes
2) the process is incomplete as evidenced by the screencap you yourself quoted
3) the readme has already been updated with new text and an explicit citation and even praise
4) the there are literally 11,000 citations of every person who worked on it before Bryce since Bryce deliberate preserved each and every commit


I will not go over this again.

This is obviously not evidence of wrongdoing.

Your accusation is demonstrably based on a falsehood.

Period.

End of story.

Quote from: nutildah
This (along with copy/pasting a project's source code) represents the most severe form of laziness that a crypto "dev" could possibly possess! Take a look around at the other projects being labeled as scams in this section of the forum. This type of plagiarism is grounds for a negative trust and scam accusation 90%+ of the time!

Yes, I agree. Take a look around at the other projects being labeled as scams in the scam accusations forum.

When this absolute fucking nonsense is the main basis for attacks on projects, how many others have you falsely accused?

How much damage have you caused to this project and others like it with your insane obsessive attempt to frame everything that doesn't make you money as a scam?

Stop wasting everyone's time and stop attacking the project over nonsense like this.

YOU ARE ABUSING A POSITION OF POWER TO HARM LEGITIMATE PROJECTS even if you may also be accusing actual scams!


YOU ARE IN THE WRONG.


Quote from: nutildah
If you look at ACGCrypto's post history, pretty much the only thing he's ever done on the forum is promote Tao, which has done nothing but fall in value over the course of the last 2-3 years. At least 90% of the updates he posted about Bryce's promises have never materialized. That's what Bryce Weiner does: over-promises and under-delivers.

Yes, I wonder why a small cryptocurrency project which you and your cohorts/alts have relentlessly attacked and attempted to destroy might fall in price when Bitcointalk is one of the main public sources of information on the project? 🤔🤔🤔🤔🤔🤔🤔

When nearly every time I post an update the post is buried in absolute garbage attacks repeating the same few scraps, insults and attacks so nobody can see anything but lies, distortions, anecdotes, and half truths.

What a fucking mystery!

And MAYBE, just MAYBE, the plans for the project might have been able to advance further and faster if the financial legs weren't cut out from under it by baseless attacks like yours!

AND just because something hasn't happened on your schedule doesn't mean it won't.  

AND more has been done with this project than you are willing to admit to because you are fundamentally dishonest and a bad actor.



Quote from: nutildah
If you look at ACGCrypto's post history, pretty much the only thing he's ever done on the forum is promote Tao, which has done nothing but fall in value over the course of the last 2-3 years. At least 90% of the updates he posted about Bryce's promises have never materialized. That's what Bryce Weiner does: over-promises and under-delivers.

It is apparent that Bryce (and Tao bagholders) are gearing up for one final pump before abandoning this project completely. In addition to all the evidence presented earlier in this thread about the massive dishonesty taking place in the Tao team (as is usual for a Bryce Weiner project), these tweets basically sum up the situation as to why neither Bryce nor ACGCrypto is to be trusted



Literally all I have ever done here is pass information on and try to be helpful. That's it.

That, and deal with unjustified attacks from you hiding behind at least two known aliases as well as either additional sockpuppet accounts or people you are clearly coordinating with, plus a couple of people like Vxtron who in all likelyhood is a victim of your sleazy tactics.

Just because a coin is down from where someone bought at an ATH does not make it a scam any more than if someone bought BTC in December 2017 and now is way down on their money makes BTC a scam. Especially if part of the reason for the price decline is YOUR OWN ACTIONS

Quote from: nutildah
This is why I am putting a warning flag on ACGCrypto for the same reason as there are flags on taoron and bryceweiner.

So there is no valid basis to your false flagging of our accounts.

The entire basis for your argument is absolute fucking nonsense and if you don't know it you are wildly, incredibly incompetent and have no fucking place to be judging projects because you clearly don't understand them.  

But my bet is you do know what you are saying is bullshit and you just don't care.

Quote from: nutildah
He's been shamelessly encouraging people to buy what is essentially a long-time scammer's garbage, and people need to be aware of his duplicity.

"long-time scammer's garbage" nonsense aside, can you give me an example of where I've been "shamelessly encouraging people to buy?" I do not recall doing this and I searched the thread for the word "buy" and the word "invest" and can't find a single time I said either of those words or anything similar.

I don't give investment advice and never have to the best of my knowledge.

I have been posting updates which you have drowned in a torrent of bullshit in a clear attack on Tao and Bryce and myself based almost exclusively on specious arguments, innuendo and half truths, and outright lies.

Now you have, on the basis of nothing put a dishonest warning banner at the top of every page of the thread and a libelous flag on my account, Bryce's, and the Taoron OP account.

Last quote from the false accusation thread:
Quote from: nutildah
I would be happy to leave this thread open, but the fact is I have been receiving death threats from people attempting to act on information being posted by sockpuppets in this thread. Their posts are always deleted by a moderator, but I can't leave the thread open because of this evil coward. It is truly a new low for Bryce (which is hard to achieve) and after these actions I don't understand why anybody would consider investing in Tao for one second.

I have no idea if anyone actually has posted death threats in that thread, but if anyone did or is thinking about doing so STOP IT. NOT FUCKING COOL. Not even Nutildah deserves that and it's fucking asinine.

The only posts I saw in the thread which got deleted by the moderator--and I was checking regularly--are archived on archive.is and none of them were threats.  

After all of the well documented wrongdoing on your part, I don't know why anyone would trust you.

I've never done a single thing wrong or unethical at any point.

Yes, I have been insulting af towards you and some of the "other" people attacking me in this thread, which is extraordinarily out of character for me, but I am fucking tired of your relentless bullying dishonesty, and abuse of your position on this site so just fucking deal.

Any person who comes to me here or on twitter or in slack and has genuine questions or needs help only has to ask. You'll get a polite, sincere, and helpful response to the best of my ability every time.  

My rudeness and insults are exclusively reserved for the trolls who have endlessly attacked this thread and this project and others for years.

If this somehow turns out to be a scam, the worst you can say about me is that I was duped.

But if I was duped I was in good company including significant Hollywood/music industry players like business partner Peter Rafelson, and people very high up in the government.

I mean, this would be some historical level of scam that will be talked about for decades and you'll be hailed as the asshole genius.  Roll Eyes

And if it turns out to be the case, which I really doubt given all the evidence for and against that argument, especially after going on 4 years of operation, then I will publicly admit it here without hesitation.

Because I have the integrity to own up to mistakes and misjudgments. A trait you do not seem to share.



I will ask again for the record, how much damage have you done to the price of this coin and the ability to progress at a decent pace?

How many other cryptocurrencies and communities have you demeaned and destroyed with your attacks based on such inconsistent, thin and baseless claims while abusing your power and position here?


How many people have been screwed over by you?

How many millions of dollars of damages have you done to all of the investors in all of those projects?


I believe time will prove you to be in the wrong.

Certainly anyone reading my responses to your claims and comparing the two will see you're not much of anything but a little bully with no integrity or honesty in your actions.

And you will not stop Tao and the related businesses like AltMarket, Fanmix, and Digiramp from succeeding despite your best efforts to destroy them.

We have the approval of the law and are on the right path.  

You are not.
member
Activity: 408
Merit: 11
Done here.

Yes, you are. That's one thing we can both agree on. You got caught plagiarizing a project and trying to pass it off as your own work.



You are done here.

Like you have any ability to say who is "done" anywhere, dummy. You're just a particularly inept little bully with a well justified inferiority complex.

I love how much fail you are full of. Well, that and the other thing you're full of.

You open a fraudulent scam accusation thread and self own so badly that you had to lock the thread to stop faceplanting.  Cheesy

You try to claim scam, whatever the hell it is that you think that means, on the basis of "plAgIaRisM"

But by doing this you demonstrate

A) you don't understand how open source software works, so you don't understand that it's legal and ethical to duplicate the software exactly before making changes

B) you don't understand how GitHub works, so you fail to notice over 11,000+ commits with citations giving credit to the Tomochain project and the Ethereum project it is forked from, proving your claim that there is no citation to be extremely false.

And your clueless lackey/sockpuppet "Lauda" then moves the goalposts in a similarly inept or dishonest fashion and not only acts as if I had claimed those 11,000+ commits were Bryce's, but decides that the recent ones aren't good enough to count or some nonsense.

So dumb.

C) you don't understand anything about the process for cloning an existing crypo, which as I had to explain to you begins with duplicating the codebase and making alterations starting with the coin name and symbol. 

This naturally would result in things like the description being temporarily identical to the description of the codebase it's derived from, other than the aforementioned currency name and symbol. This, again, invalidates your claim.

The screencap you chose to quote above as if it demonstrated wrongdoing literally says Bryce was only about 30% done with the process, so the fact that trivial details like the description in the readme file being unchanged other than the name and symbol is exactly what a knowledgeable person would expect to be the case.

Yet you're so clueless--or dishonest--that you chose to misrepresent that as "plagiarism"  Roll Eyes

D) Your second persona, "Coinclarity" is a fraud since, as has been demonstrated, you don't know a damn thing about how crypto works so you're clearly unqualified to be writing on the topic

E) You have so little basis for your "scam" claim that now you're pathetically dredging up people's opinions of Bryce up from six damn years ago like it says proves anything about the legitimacy of Tao, and now you're pathetically looking at old threads like OSC, desperate to find something, anything to prove yourself right.

F) You lack any integrity since you refuse to admit your plagiarism claim is entirely false and refuse to remove the libelous flags on my account and Bryce's

G) Tao, a cryptocurrency which has been in operation since 2016 and has worked with the law and not against it, is so legit you can't do anything but lie to attempt to discredit it

Thank you for the entertainment. I've had a lot of fun the last few days.  Smiley
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