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Topic: eMunie - page 3. (Read 6632 times)

member
Activity: 84
Merit: 10
July 24, 2013, 08:14:44 PM
Not really, since no one is compelled by anything to use this coin. Also, the chances of mass public adoption within the first 12 months are low.

That sounds like a self-fulfilling prophecy, if you make it closed source at first because you don't think it will be popular anyway at first. Not getting popular ever is also a possibility.
full member
Activity: 182
Merit: 100
July 24, 2013, 07:02:47 PM
Not really, since no one is compelled by anything to use this coin. Also, the chances of mass public adoption within the first 12 months are low.
full member
Activity: 140
Merit: 100
July 24, 2013, 06:58:39 PM
Ok, so I hear many of you screaming the two reasons for eMunie's failure:

1) closed source for 12 months in order to stress-test the system and avoid silly things like forced Bitcoin-qt update
2) logo resembling IE? with professional looking "" $ sign that for some reason looks more innovative than the rest of the bunch

 
So if eMunie fails it's either because of Dan or because of me or because of the eMunie community, fair enough! Smiley
We get it.
Anything else?

I got no problem with your logo. And I never said that you would fail. I'm saying that you have responded to a need with something that doesn't fulfill the need. It's like you're a Tory showing up in a New Jersey bar in 1777, wondering why you're getting dirty looks after wondering aloud how Parliament will finally deal with those pesky colonials.

I don't pretend to predict whether your coin will be a success or a failure. I hope it personally makes you a lot of wealth. But you are fighting against the side of freedom and that's not a fight I would want to take up. I can understand how you might be kind of butthurt about the response here to a project you have every right to be proud of, but you ought not be surprised that people who are fervent about transparency wouldn't support a closed-source money.

Even just for twelve months. "Closed source only for the first twelve months" is like saying "drink up! The poison is only in the top half of the cup."
member
Activity: 98
Merit: 10
July 24, 2013, 06:29:11 PM
What does being closed source have anything to do with updates?

Not agreeing with them at all, but closed source allows them to protect IP for as long as possible and prevent competitors from copying code.

I read in the forums another reason for it being closed-source was that it would allow them to push out updates, hard forks / forks, without the need to update clients and whatnot. The coin is not using the normal QT but rather a Java application so the update system will be different I would assume.

Feel free to correct me if I am wrong.
member
Activity: 84
Merit: 10
July 24, 2013, 06:22:02 PM
member
Activity: 112
Merit: 10
Independent Analyst
July 24, 2013, 06:11:08 PM
Ok, so I hear many of you screaming the two reasons for eMunie's failure:

1) closed source for 12 months in order to stress-test the system and avoid silly things like forced Bitcoin-qt update
2) logo resembling IE? with professional looking "" $ sign that for some reason looks more innovative than the rest of the bunch

 
So if eMunie fails it's either because of Dan or because of me or because of the eMunie community, fair enough! Smiley
We get it.
Anything else?
sr. member
Activity: 672
Merit: 254
July 24, 2013, 09:21:36 AM
TL:DR
Closed source

/thread
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
July 24, 2013, 05:14:44 AM


........

I'm not an open source zealot.

When it comes to Cryptocurrency I am.


Government controls money because it is too important to be left in the hands of private interests. Bitcoin's existence is a declaration that money is too important to be left in the hands of government, and that money needs to exist as a transparent ecosystem. That bell can't be unrung. A closed-source cryptocoin, even with a promise that someday it will be opensourced, is not one but two steps backward to privately-issued money.

oops - Government doesn't control Money the, for example USD is far out of the control of US Government - as is most Fiat of other nations , most money is issued by a signature of a person or entity that wishes to go into debt , in this way Banking Corporations ( mostly "Commercial" ) issue most of a nations "money" the Government can't control these in any way , there is ample evidence to suggest this , at best Government can limp along with its own eventual system destruction.

The assumption really has to be that if we can't see the source, that you will be placing all sorts of devious software into the code, which you will let run for a year before removing and releasing the new version without all the nastiness. Even if I believe you when you say you won't do that, I have to assume that you will. You trust your mother, but you still cut the deck when you play cards with her. Trust, but verify.

An open source monetary system gives us liberty. A closed source monetary system at best gives us license.



You will do whatever you will do, but I hope that you will take the time to consider the opportunity for advancement that you are planning to squander and dispose of.

I like this statement
full member
Activity: 140
Merit: 100
July 24, 2013, 04:56:03 AM
There are thousands of developers creating open source software with Agile methodology.

But the bottom line here is trust. I hope you get that.

Phil Zimmerman's PGP made such a big splash not because it was such strong encryption—public key encryption had been around for over a decade—but because the cryptographic strength did not lie in obscurity, it was in the math. So it was released to the world source code and all and could not be taken back. It created a life of its own because it could be trusted. It could be reviewed by anyone to ensure that there were (are) no government (or other) back-doors. People knew it could be counted on because even if they didn't know the math or know how to read source code, they could find someone of their own choosing to look it over and make sure it was safe. The strength is in the transparency. Every detail of how it works has to be open to scrutiny because that's the only way you know that it works.

I'm not an open source zealot. I use a closed-source word processor, closed-source graphics software, a closed-source database manager, play closed-source games. Heck, I might even use a closed-source Bit(or other)coin wallet if I had reason to trust the developer. But not if I didn't know that the system worked exactly the same way on open-source versions. The backbone of the monetary system is like a privacy system. There is only one way to be trusted, and that is transparency.

Please read https://www.philzimmermann.com/EN/faq/index.html

Government controls money because it is too important to be left in the hands of private interests. Bitcoin's existence is a declaration that money is too important to be left in the hands of government, and that money needs to exist as a transparent ecosystem. That bell can't be unrung. A closed-source cryptocoin, even with a promise that someday it will be opensourced, is not one but two steps backward to privately-issued money.

The assumption really has to be that if we can't see the source, that you will be placing all sorts of devious software into the code, which you will let run for a year before removing and releasing the new version without all the nastiness. Even if I believe you when you say you won't do that, I have to assume that you will. You trust your mother, but you still cut the deck when you play cards with her. Trust, but verify.

An open source monetary system gives us liberty. A closed source monetary system at best gives us license.

You will do whatever you will do, but I hope that you will take the time to consider the opportunity for advancement that you are planning to squander and dispose of.
full member
Activity: 126
Merit: 100
Metacoin Enthusiast
July 23, 2013, 10:09:18 PM
Why did you guys pick the Internet Explorer icon as symbol of the currency?  It is basically synonymous with closed source, poorly run, bloat-ware.  Oh, wait, now I get it.

Continuation of the previous line of wit, try to be original next time  Roll Eyes
full member
Activity: 210
Merit: 100
July 23, 2013, 10:05:08 PM
Why did you guys pick the Internet Explorer icon as symbol of the currency?  It is basically synonymous with closed source, poorly run, bloat-ware.  Oh, wait, now I get it.
full member
Activity: 126
Merit: 100
Metacoin Enthusiast
July 23, 2013, 10:00:37 PM
http://forum.emunie.com/ - check out this for release dates, updates, discussions, etc.
member
Activity: 98
Merit: 10
July 23, 2013, 06:47:05 PM
Can I see the source code? Oh wait, its not open source.

hero member
Activity: 770
Merit: 500
July 23, 2013, 06:36:23 PM
Can I see the source code? Oh wait, its not open source.
legendary
Activity: 1456
Merit: 1000
July 23, 2013, 06:25:14 PM
Any date when Emunie will be released?
member
Activity: 84
Merit: 10
July 23, 2013, 05:28:39 PM
@Etlase2, not sure what you're trying to pick up on, but I shall remind you that eMunie is an "agile" development project, it's not Bitcoin and will never be.
http://en.wikipedia.org/wiki/Agile_software_development

How does that preclude descriptions of how anything works?
member
Activity: 112
Merit: 10
Independent Analyst
July 23, 2013, 05:27:08 PM
@mechs, don't worry, I'm sure some people are just having fun here!

No serious investors would be lurking around this forum.

But I agree about your point. I tried to talk sense to these people, but it did not work, so let's just have fun with them lol.

You had serious criticisms raised here, so you're just going to claim everyone here isn't serious? What?
People serious enough about eMunie project post questions and concerns on forum.emunie.com, not in this particular thread, which by the title and description of OP :

Who's excited for this new virtual crypto?

seems to suggest it's all about your feeling and emotions Wink
hero member
Activity: 798
Merit: 1000
July 23, 2013, 05:26:22 PM
@Etlase2, not sure what you're trying to pick up on,

Imagine that.

Quote
but I shall remind you that eMunie is an "agile" development project, it's not Bitcoin and will never be.
http://en.wikipedia.org/wiki/Agile_software_development

Agile of course being another word for centralized. It is not an excuse for flawed designs, nor is it really a solution.
member
Activity: 112
Merit: 10
Independent Analyst
July 23, 2013, 05:21:37 PM
@Etlase2, not sure what you're trying to pick up on, but I shall remind you that eMunie is an "agile" development project, it's not Bitcoin and will never be.
http://en.wikipedia.org/wiki/Agile_software_development
member
Activity: 84
Merit: 10
July 23, 2013, 05:18:04 PM
@mechs, don't worry, I'm sure some people are just having fun here!

No serious investors would be lurking around this forum.

But I agree about your point. I tried to talk sense to these people, but it did not work, so let's just have fun with them lol.

You had serious criticisms raised here, so you're just going to claim everyone here isn't serious? What?
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