why are you betting so hard on these guys?
I don't know because the idea of a complete platform appeals to me. Because this is the first cloud staking platform?
I mined a block of BTC in 2010 and promptly forgot about it until it spiked in november 2013 I have invested these in numerous stuff and never got any good return from it. I bought a hosted war machine from GAW for $6999 in BTC and when the price dropped the next day I complained and got a partial refund for that. Then came the hashlets and the return was good. it went downhill from there because of diff changes and BTC price tanking. I already had a break even and reinvested everything again. I really don't care If I get any return from this but I like the idea of cloud staking and the direction that GAW is going.
You sound like a knowledgable IT guy to me. Can't you tell these guys barely know what the fuck they're doing and I'm not talking about any of the "failed promise" antics, I'm just talking purely from a technical perspective: they are absolutely incompetent.
I mean, what did you really think of that pathetic Paybase release?
Zencloud first.
They made bad choices about the platform From what I can see this is based on nodejs. Now I did some developement in nodejs and could see immediately that the single thread stuff would cause large problems with performance unless very strong measures where taken like running multiple instances and very big load balancing. Second bad choise was the DB backend I suspect from all the errors and mistakes they are using nosql instead of a proper transactional DB. nosql and relations are a big nono it takes too much programing to maintain referential integrity. I think they finally changed the DB backend a few months ago and since then it has been stable. But it is still nodejs.
Paybase is supposedly developed by an outside company they choose PHP as a frontend so I expect them to use something more stable and more robust as a backend mysql or postgresql. Paybase is by no means complete or what it should have been it feels like something thrown together at the last minute. (Indie developers?)
They are really young in development and implementation but they are learning fast. And they are trying to do good for their customers even though they make a lot of mistakes.
From a technical perspective you know a lot more than they do or probably ever will. Why don't you just run your own farm, buy some Spondoolies or whatever, and control your own fate? You actually have the technical expertise to do it, unlike these jokers. I bet you could probably actually wire an IP camera on the farm too (wow, that would be a first).
Unlike many of the hashtalkers, you are not someone who is only capable of "clicking amps" once a day to maximize your returns. You can actually do it.
I just don't understand the reason why people who are smart and competent are buying into this. Hell, I bet you could start your own coin too and it might actually have a new feature or two and not just be a total hype machine. You apparently can at least read the c++ wallet source code which is by far more than most on HT.