Bagholding till you die !
I don't hold any bags, sorry.
edit: is this the general reaction in the BBR community to superNET though? Do people not understand it? I'm a little surprised tbh.
I think this:
https://bitcointalksearch.org/topic/m.9118992 sums up the general feelings towards superNET (i.e. sounds interesting however the concept is quite difficult to grasp at present).
The back end technical concepts might be difficult to grasp but the overarching concept of what superNET is intended to be for useres shouldn't be.
Part of the issue might be that superNET relies on using NXT as a backend and CZ and others aren't familiar with the NXT AE and the MGW and other things then it might be harder to understand how things are going to be moved.
CZ who despite "coding like there is no tomorrow"
TM fails to see what it is, can you blame anyone?
I might have started the SuperNET angle here, but I really don't know. We just need some clear/concise explanation and CZ's last post indicated that he is as confused as anyone. Someone dropped 50k out of nowhere and all major support was gone from the books. So yah ....
Technical level, sure. I'm sure with time James and CZ will be able work together and James will be able to explain it to him. I mean I understand why CZ probably isn't thrilled with only having to look at a shitload of C on github and no technical documentation. Perhaps superNET needs to pay some one to do some technical documentation. That would probably add a lot of value.
On a user level it's fairly simple. It's going to be graphical interface where someone will be able to do a variety of things including:
-Ability to send BBR transactions with other currencies(which of course use CN's ring signatures and BBR's unlinkable outputs upgrade)
-Buy and sell assets with whatever currency you're using on the NXT decentralised asset exchange instantly with James' InstantDEX and MGW tech.
-Buy and sell crypto and fiat through the coinomat service. Which is apparently offering some sort of anonymous debit card which sounds pretty interesting(but I don't know much about it).
-It will be a platform where service providers will be able to integrate their service to be used directly from the superNET GUI. For example BTER exchange is planning on implementing their service to be fully usable from the superNET GUI.
-Integrating Bitmark's 'marking' reputation+trust system which integrates Martti Malmi's(sirius on here) Identifi. This will be helpful for using the asset exchange and to help rate any service provider on the network(or any object really).
-Decentralised peer to peer anonymous betting system via James' Privatebet tech.
And probably a lot more. Think of it as a portal for users of altcoins. Where different technologies can be plugged in to the network and made available for regular users who don't necessarily want to use 5 different crypto wallets, but might want to use their respective tech. It's an attempt to leverage the network effect and create an easy to use interface so that good cryptos can just join the network and not worry about fighting among themselves and splitting an already small user base.
So I think the idea behind it is good. The all the technical and security related questions are very valid and I hope that good communication channels get set up and some solid documentation written because it's going to be important.