Well this has backfired
The points I do want to make
1. We never wanted to profit off the prime node. And made it a point to make our addresses public so everyone could verify that
2. We wanted to give the people a vote. Currently its all ran by gaw and the paycoin foundation as well as other unknown parties. I think we can all agree its been a mess. We hoped this would at least give our users a say in what happens. As keeping our customers happy is the number one goal. Our vote essentially goes with the community
3. Any step paycoin takes that distances itself from gaw is a good step in my opinion. The keys were not going to be removed from the code so why not make it public and show people they now can verify those 3 controllers aren't dumping their coins. And now that we have a vote thats one vote in your favor towards removing them from the codebase all together as well as any other unknown controllers
Regardless. The overall feedback has been negative. We are open to any suggestions as to what to do with the controller. The only way cryptsy was going to benefit from this situation is if some good comes out of us having the controller in the communities eyes.
We wont be taking any more controllers that are offered to us
Thank you for a reasonable post. Although I find it hard to believe that you didn't realize the potential shitstorm - haven't you been following the drama surrounding one of your highest-volume coins?
As for best course of action - the problem is that the "community" will be very skeptical that Cryptsy will act in the best interests of said community. And who is the community Cryptsy is supposed to represent? Bagholders? Day traders? There is definitely some sort of ethical dilemma and/or conflict of interest here.
If we consider just the technical side the best thing to do would be to burn the stake and keep the principal coins locked up, until a fork is developed that gets rid of the unbalanced inflation. Not distribute to the users. Burning the stake would reduce the inflation and keeping the controllers would allow Cryptsy to still participate in the voting. But with only 3 votes I'm not sure it's really worth risking the bad publicity.
Thank you for this response. Its very reasonably written
Perhaps I was extremely naive in thinking this would go over well and people would understand we were trying the help the community and now GAW. I knew there would be some initial backlash. But I assumed when people saw we were being transparent with our addresses they would understand we were not doing it for any sort of profit
As far as the vote I completely understand people wont blindly trust cryptsy to vote in their favor. We were still working out ways to gauge interest before any vote of ours is placed. Wether that be a vote, poll or some other form of survey of the community.
I still want to have an official meeting before we reveal our plan with the controller moving forward. Ill make another update tomorrow. I don't think you will be disappointed
