Topic: MasterCoin: New Protocol Layer Starting From “The Exodus Address” - page 47. (Read 448462 times)

You are a fucking idiot Robby.  I really hope they don't let you speak another minute.  JR paid for his shares the same amount that I did and everyone else did.  He bought them - under identical terms as he offered them to you and everyone else.  However, he believed in the project more than you - so he bought more shares than you.  Now you come in at this late date and start telling everyone how things ought to be run?  I hope they run you out of town.  You've got nothing this project needs.  

Swinging your big dick around telling everyone how they are messing up - isn't helping anything.  You are clearly a chump with an ax to grind.  Don't grind it here.

This is the only part you got right.  I hope you won't be joining us with the shit attitude you have. 

David, this is a good start! Thanks for the website updates, and adding in the additional resources.

Beyond this, the main failings of this project (as I see it) is how it's currently organized. Here's what else I would suggest:

* The board needs to be run like an executive committee. This means that each individual has a title, e.g. CTO, CEO, CFO, VP of Partnerships, etc. with clearly defined responsibilities. This allows for very clear lines of delineation of responsibility, and prevents people "hiding" behind some generic "Board Member" title. If I'm the CTO and the project is lacking clear technology leadership, it will show, and the fingers will be pointing at me. For the given role the member has, they need to be seen as the "captain" of that ship. By this I mean, that even though the captain may have a boss in the admiral, the captain is boss of his ship, and if an admiral gets on a captain's ship, it's still the captain calling the shots (while the admiral controls the overall strategy). If you have muddy rules and roles, problems in the human organization are hard to isolate and fix. This sets the stage for mediocrity.

* Consider compensating board members in MSC for accomplishing set quarterly goals and objectives, based on the community's perception of their performance. Not everyone in this community is a "bitcoin millionaire" yet. ... That will help us better find the most motivated people, and really get them involved. That will also ensure this group stays beholden and reasonably responsive to the community.

* As some others have brought up, let's move from this provisional board to a permanent board. Let's hold new board elections, and have the best and brightest apply. The community votes. As you know, this is exactly how it works in corporations as well, with the stockholders voting in the board of directors. Board seats should last 6 months maybe at first, since this project moves so fast, before a new re-election. (Maybe this could be boosted to a year after the first few years.)

* Speaking of executive committee, this project NEEDS a CTO. That is the huge sore thumb with Mastercoin at this time. The project needs someone experienced with technology to decide and execute over the technology direction. This person needs to be given latitude to accomplish the implementation and feature goals set forth in the high-level strategy, in the way that their judgement and experience (and rough community consensus) deems best. (I am not convinced I would be the best person for this position BTW, so this is not about me tooting my own horn. I believe there may very well be others more suited than I am -- I have the leadership experience, but my bitcoin technical experience is lacking.)

* This one will no doubt be controversial, but I'd at least like us to entertain discussing JR's horde of Mastercoins. He did buy them fair and square, but there are those 50-some thousand he got as a bonus. That kind of irks me, because as an exodus investor, one of my main risks was sending my bitcoin to someone I didn't know at all. JR did not have that risk, as he managed the fund. Thus his risk was much less. My view is that he does not deserve most or all of that bonus, due to his significantly reduced risk.

Beyond that, there is the issue of his participation in this project. I'm not calling for a socialist-style redistribution of wealth, just saying that if I'm going to work my ass off on this thing, it won't be so that JR can sit around and become a trillionaire. I think I'd feel differently if he was in here working his butt off along side us, but he's not. His current holdings makes a huge liability, as he essentially controls the market. Him stepping up and using a good chunk of that bonus money towards incentivizing this group towards meeting pre-defined goals would go a huge way, and would ensure that he wasn't sitting on a pile of 153,000 or so beanie babies a year down the road (as 100,000 MSC at 1:1 BTC sounds a lot better than 153,000 beanie babies).

-Robby

Thanks guys.

And thanks for the spelling correction. I've fixed it : )

If you find other stuff let me know.

Good work Djohnston,

Thanks. I for one appreciate the time you spent putting this together. Great work!

spotted a typo here on this line (Im sure you were boggle eyed tired!)
All budget items, board minutes, Dev MSC vesting schedule, and bounties are pulbic record and available to anyone.

Ok, so I've read all the messages on the thread and I HEAR YOU GUYS.

I heard you so load and clear that I stayed up until 6 a.m. last night and hacked together something I think is sorely needed for the Mastercoin project.

Let me present to you the new MastercoinFoundation.org website.
http://www.mastercoinfoundation.org/

Want to get involved in the Mastercoin project or engage the Foundation? Then this is your hub of information for how to do it.

Want to add a bounty?
The Trello link is there: https://trello.com/mastercoin

Want to check the Role Based Bounty list or suggest someone?
The Google Doc link is there: https://docs.google.com/spreadsheet/ccc?key=0AosWigpBxkwZdHhBaUtTZV9MWUpMVWV6U3VJV1RPbmc&usp=sharing

Want to check the Mastercoin Dev MSC Ledger?
The Google Doc link is there: https://docs.google.com/spreadsheet/ccc?key=0AtCyUJvk_IyNdGpVcnpBN2tOczFmbVRnck5TWjZuRFE&usp=sharing

Want to know all the funding authorization levels of the Foundation work?
The Google Doc link is there: https://docs.google.com/document/d/1D5_fX3kiE0FyjmZt6p2r_UZe4cdmu9Vb4eAMVpZUxk0/edit?usp=sharing

Want to see a consolidated list of the Mastercoin Bounties, links, and their funding amount?
The Google Doc link is there:
https://docs.google.com/spreadsheet/ccc?key=0Au4jU8zZGkl6dGExaXlvVGc3c1M1bUtWVnM1bzhCc2c&usp=sharing

Want to know what the Dev Generation Rate is?
The Google Doc link is there: https://docs.google.com/spreadsheet/ccc?key=0AmR_eSvAkuXSdDI3Y1JnVjFvUDBXOWZiZl8zZ2Rkamc&usp=sharing

Want to check the latest paid bounties and expenses for the Mastercoin Foundation?
The Google Doc link is there: https://docs.google.com/spreadsheet/ccc?key=0AtCyUJvk_IyNdGpVcnpBN2tOczFmbVRnck5TWjZuRFE&usp=sharing

What to know the history of Mastercoin?
The link is there: https://docs.google.com/document/d/1Qklj8K7V3lgtXQRr4w7cqbunEfZUNMcoybNFocx3voA/edit?usp=sharing

Want to contact a Board Member?
I've linked all their Linkedin profiles (to their picture) and added Bitcointalk names for those I know.
David Johnston - Board Member
Ron Gross - Executive Director
J.R. Willett - The Protocol Guy
Sam Yilmaz - Board Member
Jonathan Yantis - Board Member
Brock Pierce - Board Member
Antony Vo - Board Member

Want to contact a Team Member?
I've linked all their Linkedin profiles (to their picture) and added Bitcointalk names for those I know.
Taariq Lewis - Smart Property Lead
Dominik Zynis - Communications Lead
Michael Terpin - Media Lead
Matt Elias - Legal / Regulatory Advisor Search Lead
Aric Fedida - Forums, Email, All Around IT Lead
Nikos Bentenitis - Mastercoin Education Lead
Bo Shen - China / International Lead

Want to contact the whole team directly?
There is a contact us box that goes directly to all of our emails.

Have a Mastercoin "emergency"?
Then I've even listed my phone number that goes directly to my cell and the link to my schedule if its not an emergency.
"Please feel free to contact us if you are interested in working with the foundation. Have an emergency or something really really urgent? Here is the personal phone number of David A. Johnston: 443-285-9111
If it is not an emergency here is the link to his calendar: Meetme.so/DavidJohnston or if you prefer Skype: DavidAJohnstonCEO is his username."

Want to follow along on social media?
The links to Facebook and Twitter are there:
https://www.facebook.com/mastercoinfoundation
https://twitter.com/MSCProtocol

Hopefully access to all of this information and more direct access to the people you want to talk with to get things done, will be extremely helpful with removing the Foundation at as bottle neck.

Didn't see a resource on the list you wanted to see? Just PM me and I'll see what I can do to get it up there.

Also PLEASE feel free to create your own community content such as a Google Doc with a list of candidates for the next Board Election and I'll be more than happy to post it on the website : )

David A. Johnston Board Member

This is a multi-million dollar project, and here everyone is bickering and complaining for the last 6 pages in this thread. How about we spend less time pointing fingers and more time coming up with a solution?

FYI I've sent a message to Robby asking when he is available to talk.

I've given him all my contact info and asked for him to give me a ring. I gave him my earlier in an email thread, but maybe he missed that note.

I've given him my calendar link so he can book my schedule if he wants.

I'm really excited about what he is doing, as I've stated before and I'm sure the Foundation will want to support his efforts, I haven't heard any objections from anyone.

You guys know if you want to add a bounty you can do so on the Trello board right?

Ron isn't the only one that gets to post there, its for the whole community.

https://trello.com/mastercoin

Talk to you soon Robby : )

The man said himself, he's off the internet evenings, weekends, and vacations. The rest of the time he has a full time job. How does that equate to mastercoin being a priority? Let's be honest here.

The questions being asked are legitimate regardless of how much someone invested. If you're saying that JR or other board members shouldn't be obligated to engage every single person leaving comments on a mastercoin thread then of course I agree, they'd never be able to get anything else done. But by leaving such an incredibly arrogant and condescending comment you are alienating the masses of MSC investors who are crucial to your success.


Popular? I'm more worried about long term viability. There's a lot of competition out there. All emotional spats aside, the BTC is going to flow to the project that out competes others and has a promising future.

I've asked the board twice today. Time please.

Mastercoin is a priority of his.  Providing answers to foolish internet trolls who think they are due an explanation because they invested their entire allowance this week on Mastercoin - isn't a priority of his.  The reason you all can be sure JR is a stand up guy taking thing seriously, is because he is not in an internet forum providing answers to dumb asses.  That is precisely why I am very worried about this Johnson character who seems like a total rookie getting in a shit slinging fight with Killerstorm - the shithead who started all of this because his Colored Coins isn't as popular as Mastercoin. 

lets get robby on board,

Yes this is a little concerning. It seems like there's a lot of "well we'll see what JR says on this," yet answering questions or dealing with mastercoin is clearly not a priority of his. I'm not blaming the man at all...it's understandable if he has other priorities like family. But I think it creates a lot of uncertainty amongst investors when he's perpetually in this state of limbo, where we don't know ultimately what his contribution to the project will be.

If Rob's business is what he says it is then it seems like those resources would be crucial to staying ahead of the competition and getting the project off the ground. Hell, what's to stop him from starting mastercoin 2 and leveraging all the human capital to which he already has access?

Thanks

JR's last post was November 27, again to state his support of selling 5000 BTC for MSC: https://bitcointalksearch.org/topic/m.3744409

While it is of course extraordinarily irresponsible for a member of the board to be unavailable for 5 days, JR nevertheless was explicit about his unavailability during the holidays:


I find it more surprising that the other 6 members of board have been silent for over 6 hours. They should be engaged in a dialogue with us.

Where has JR been? Has he made any statements recently?

Will take a look when I wake up tomorrow Sunday morning.
The membership fees might be a tad too high at first glance.

On top of the - at best - opaque hiring process for the current board, I think that the delegation of tasks is quite ambiguous, and I would like to hear from the board what each member's duties are.

Ripper has gone so far as to say that JR should decide what "his 100%"is  when determining whether to work full-time (and by extension, presumably, all employees - I hope JR doesn't get special treatment in this respect); i.e. that employees should choose their own hours. But certain tasks require definite amounts of time, and so even if the each member of the board really was supposed to have specific duties (that is, he was hired as a board member *in order to serve a particular function*) this has most probably failed, as, most of them are otherwise committed full-time. The consequence is that the project has become less transparent than it ought to be, and also quite disorganized.

I think it is unnecessarily risky to assume that board members "will go that extra mile" in every case where it is necessary. Again, this is not a project in which one trades "play money" back and forth; our market capitalization is $100 million USD (and growing!). I think we need clear expectations of our board, and I think they should be discussed with and by the community.

Also, there are some silent members of the board. I would like to know why they were hired and how exactly they are contributing to the project.

djohnston has said the the current board is provisionary, and has called for another vote regarding board members. I am fully in favor of such a proposal and think that we should begin ASAP. What does everyone else think?

Um, I was working on masterdaemon in my own time, without a dime of funding from the project. It wasn't "over-comitment" from the foundation, it was "no commitment".

Jesus guys, software development does not require an act of God. You just need to attract and motivate developers that believe in what you're doing (or who you pay to believe in what you're doing). Part of this is keeping great relationships with your community (i.e. investors), and at least giving the notion to listen and to care. And I am not talking about this "holiday weekend" -- I understand folks are busy with family now, but this has been a recurring theme among this project almost from the start.

I have about 5 solid days of work left in masterdaemon and I was doing it without the promise of the board awarding me with anything (or giving me any bounty) in return. I started it because as an investor, I saw the need and I felt that this project has the potential. So here you have a developer taking it upon himself to create one of the biggest needs mastercoin has at this time (based on the overwhelming approval for it from the community, see the poll at https://bitcointalksearch.org/topic/mastercoind-proposal-to-speed-development-please-read-vote-and-comment-344229), and *not once* was I contacted by any one from the board (although to his credit, Ron did leave a one or two liner in the forum post I made for it -- which helped out).

Here's my point guys, if you properly focus on and enable the freaking community, you will be amazed what happens. Look at colored coins...those guys are making commits all over the place (https://github.com/bitcoinx/ngcccbase/commits/master) without a budget. The money this foundation has is only the start. This is not about us thinking the board needs to work 24/7, it's about the time that they do spend on this project being put towards the right priorities, with having a responsive voice to the community being one of the biggest priorities (if not the biggest). If you get your community behind you with high morale, they will be happy to do a lot of the work you are doing yourself now, for you. The delegation will become natural. Again, look at Peercoin: http://www.peercointalk.org/index.php?board=36.0