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
DO YOU REALIZE JOSH STILL OWES 75BTC WORTH OF XPY TO THE ORIGINAL PAYCOIN(PYC) DEV TEAM?
Does that mean that idiot vlad did all that shilling here for a promise of payment in the future? What a dummy.
Yes, the Email detailing the payment to the PYC team was posted here a while back. From what I saw they were promised a specific amount of XPY, not a specific amount of BTC, so obviously shilling XPY was in their interest. The payment schedule was spread over 4 months, and the payments were to be made in XPY, so Vlad was basically purchased as a fucking shill. And he wasted his time trying to do it here, what an idiot. I did see another Email where a one time settlement was being discussed (mid January I think), but I do not know if that ever happened.
This guy left feedback like vlad would
https://bitcointalk.org/index.php?action=trust;u=400022Coincidence?
75BTC worth of XPY
>>
https://hashtalk.org/topic/27749/orginal-paycoin "
Before we choose the name "Paycoin" we did our due diligence. While we found one had been started with the same name, we did not find any activity (sites, forum, etc). We also reached out to the original developer with no response.
After a long period of waiting, we assumed that the coin had been abandoned and moved forward with purchasing all the names rights.
Once we launched Paycoin, some of the original coin holders came forward to express their frustration with our decision. Since then, we have been working with them to find a solution.
I am happy to say we have reached an agreement with them and have their blessing to use the name. Thanks!
" --Josh Garza
*never completed payments = 3/4th of the agreement