Topic: [ANN][XEL] Elastic Project - The Decentralized Supercomputer - page 33. (Read 450520 times)

Litewallet voting ended.

For: 97.46% of voters
Against: 2.54% voters

To all those who voted against, you have to admit that if 97.46% of all interested in voting are in favour of litewallet you should accept that.

I'm also surprised that voting for litewallet attracted another 18M of XEL holders (as far as I remember after last logo voting there was 32M of active coins. Now it's 47M). But of course 35.5M coins voted in litewallet case.

Here is my plan for what comes next.

Since @EK is quite sick of all this "money/coin value" things and he don't want to launch litewallet directly I'll take care of all things needed to launch. At first I'll only setup 10 nodes (in Europe and N/S America). Most of them will be just relay nodes but some will be forging. I hope that other community nodes will take care of forging with short amount of time. I'll monitor them and try to catch every suspicious thing that could lead to some bug. One of the nodes will be public available (SSL) as wallet to all of people that don't want to or don't know how to install wallet locally.

Things I need from @EK now:
Sign that litewallet is "mannetable" and I can prepare first, small infrastructure for launch (and eventually launch).
Closer relations ( not in emotional way ). I would be glad to have some fast way of communicating with you @EK in case something will pop up especially first days/weeks of litewallet living (do you use some kind of communicator on daily basis? I promise that I'll attack only if I'll need to). I know that you are not pro slack and you admire your style of working in quite but we (I) need you more closer than one message per day on BCT. We tested coin side of XEL for months but we never know.
Workflow: GIT Dev branches (so people will not download version incompatible with current network), new release changelog (don't be so quiet @EK, especially after new release. People want to thank you for new release, just let them with new thread on the forum describing in short any features and bug fixes). Last but not least clear info about hard forks - on which height will happen (how much time we have to upgrade) so we can safely contact with exchanges.

That's it. Short and simple.

For all people that want to trade soon after mainnet/litewallet launch: Please wait one week (after launch) just to be sure that we have strong, reliable coin.

@community Any adjustment/corrections/suggestions are welcome.
@EK waiting for your plan.

seriously, how often does that topic be discussed here? you cannot vote to take away what belongs to someone else. that would equal theft/breach of contract.

so far this project is not lacking any funds! it's lacking qualified devs that are able to bring additional value to the project. we will have to look at other projects and eventually will find someone qualified that is interesting into joining Elastic. Since Coralreefer is in need of someone qualified in networking-stuff it would be optimal to find someone strong in that field.

you cannot vote to take away what belongs to someone else. that would equal theft/breach of contract.

We don't know how much XEL so-called "Lannister" owns. It could be more than 50% easily, even 80-90%.
Just import address 3Q2aKEGFTKDw3hghsBifXp39CZVMtZukxn and behold many cash-outs he did before crowdfunding ended. Sapienti sat.

we can put on a vote for "mandatory" donation of some % of XEL on mainnet launch to go to the devs/foundation.

Can I please get instructions on the voting process.

I know I need to sign a BTC message. But what is the content of the message? How do I mark it as a yes/no vote, and which is the target address?

I think we can and should have a foundation with multisig wallet/s for compensation and funding of future and current development, pr and such.
I do not think that a certain % of coins should be taken from each holder by force. Rather i believe it should be a voluntary donation given by holders who wish to do so from their honest wishes and personal accord. Taxes are better left for governments and other oppressors.
If there is a possibility to give people the option to voluntarily pledge now to donate a certain amount of xel (amount chosen by them) prior to wallet launch it could be perhaps the best option, in addition to the ability to donate after launch.

Lately I  see too many personal conflicts between members become public. Please leave these pointless endless chitchat to the private domain and help keep this thread clean for the more important fruitful discussions.

this has been discussed and dismissed several times. Go read back in this thread a few pages, you'll find the same suggestion over and over.

A TL;DR of why it has been dismissed every time:

Everyone is free to donate a part of their share to a donation fund, be it 5%, 10% or whatever. Forcing users to "donate" a fixed percentage by a "democratic" vote would be unethical and legally highly questionable, since you'd take something from users which is rightfully theirs.

Just because a majority (which in case of elasticracy is more of an oligarchy anyway, not a democracy) said so, doesn't make it ok. This is why this is one of those instances, in which voting is not an option.

Apart from all that, there is no central foundation in place and thus, no place to hold the donated XEL. Where would you put it? Who should be responsible for holding the private keys and their distribution?
Don't even dare to mention EK, he has enough on his shoulders already.

Speaking of foundation:

You realize, that everyone is free to found a foundation for Elastic, right? Everyone could go ahead and say "I'll do a crowdfunding to fund an Elastic foundation". With all this talk of Elastic needing a foundation, someone just might go ahead and do it. (Don't look at me. I have zero experience in that regard.)

I have a suggestion because this project actually, for my opinion premature but can't do nothing about it, entered "financial" stage...

When Lite wallet will come out and XEL will actually has some real life value, 10% of each donor account XEL will be taken to:

5% will be shared by 3 main developers (let's call them "CORE" or whatever) as there are who actually gave this project some kind of life and this will be small token of "community" appreciation .

CORE with community will find and vote on PR and strategy guys ( maybe more positions) because it will be needed for sure in the future ( CORE will have 30% of voting power on this subject, XEL holders 70% )

This 5 guys (or 7 or 9), unless someone will choose not to of course, will have 40% on any future vote based on majority of inner core votes (60% still will be community's) . They are also will be in charge of additional 5% (out of 10% donated) that will be reserved for immediate/future expanses as hiring more developers, PR project etc.

I saw many people, that the only thing preventing them from donating to project is lack of wallet so I think all will be glad donating to project and help it's "heroes" (Sorry, although I have great respect to every person that working on this project, I think that person need to do something else to be a "hero", no offending )

So we can make a "democratic" vote about this.

I believe this will actually help project much more than many nice words.  
I am very interested to hear fail points of this suggestion or different numbers.

[edit] @coralreefer, @unvoid , @Evil-Knievel : I know that this suggestion puts you in kind of conflict of interests, but I will be glad if you will refer at least to part of it that you find appropriate.
  

Even some members like ImI who's freely donated several BTC ( logo, development,....) must be recognized and appreciated.
Members like ImI didn't just use " nice" words, he took real action and these are people that truly supported our devs so far.

You are totally right! EK, Unvoid and Coralreefer! the engine of this project. I think this project is becoming something great. We (as a community) respect you guys!

Don't forget coralreefer who is currently working on one of the most important parts ... the miner / supernode verifier.

Don't forget coralreefer who is currently working on one of the most important parts ... the miner / supernode verifier.

Again: EK and Unvoid are a heros, and we must support him. It can be in bitcoin, but it can be also in XEL (when litewallet is online). EK and Unvoid are both the engine of this project. Maybe there are a lot more, I hope that they can show more to the public.