This day was verified in conversation in the official group on Telegram(
https://t.me/joinchat/GKvgV1M-rY5fjp0Ew3mmkQ) and in analysis to the currency code in Github some inconsistencies in the way the team is making decisions within the project.
I would like the BTCTalk community to help us with these situations:
1) A crypto in my view is made for and by the community. All changes that occur within it must be done collectively and publicly, being previously announced to their respective community.
With this in mind we have here the first problem with the currency mentioned above.
It was decided in December of internal form between the administration of the currency, the change of the collateral of the Masternodes from 2500EDC to 25000EDC.
This communication was made after a great fall in commercial value, after the entry into the currency exchange CREX24.
2) A question was directed to the group administrators about how this change would occur.
It was then informed that the change would occur in a given number of blocks (100,000). Based on this information I was then directed to the currency Github.
Within Github it was noticed that the project was completely erased and that the date of the first commit was January 2nd, that is, the history of the changes is only 1 day, according to today's date.
But when analyzing the information that the change would occur in the 100,000 block, we should be aware that possibly the block would still be coming. But the block already occurred on December 21, which brings a big question about an update that was released only 13 days later.
3) In entering these situations in the group, some of the administrators and even the "developer" of the currency, said that in short words, the band plays as they want, thus giving me a thought that the currency is not made for the community, but to a totally individualistic principle.
I would like everyone to review the project and the information left here to help us understand the true meaning of the EDCASH project.
Below are helpful pictures of conversations as well as audio links taken from the group.
The conversation history of 03/01/2019 stays in the EDCASH group and can be viewed at any time.
Audios of Conversations (in Portuguese):
https://drive.google.com/open?id=1_SDX-loXGJRPhVlN60gNCbADwAVBW2tuImages:
https://imgur.com/a/mW0TxqK