Author

Topic: Maxcoin devs issue apology (Read 701 times)

sr. member
Activity: 294
Merit: 250
February 09, 2014, 08:51:15 PM
#5
Not having compiled wallets was their biggest "mistake". They should and could have relaunched with wallets and miners available, now it's too late for that and the people are holding the bag.

Important thing is that the wallets are working now and price is slowly creeping up again.
sr. member
Activity: 812
Merit: 250
The Fourth Generation of Blockchain in DeFi
February 09, 2014, 08:45:38 PM
#4
Not having compiled wallets was their biggest "mistake". They should and could have relaunched with wallets and miners available, now it's too late for that and the people are holding the bag.
sr. member
Activity: 294
Merit: 250
February 09, 2014, 08:34:25 PM
#3
Well they have nowhere to go but up!

I wonder if people will forgive and move on or if this cripples the coin?

I agree. People will let go of the rage and move on.
legendary
Activity: 1022
Merit: 1000
February 09, 2014, 08:23:13 PM
#2
Well they have nowhere to go but up!

I wonder if people will forgive and move on or if this cripples the coin?
sr. member
Activity: 294
Merit: 250
February 09, 2014, 08:17:29 PM
#1
Quote
To correct some misconceptions about the launch:

*It was a mess and we own up to that.
*It was not intentionally so chaotic.
*The devs have made no money out of MaxCoin (we've actually lost money right now in server costs).
*Max provided no funding to the dev team and to my knowledge had no advantage over any other miner (excluding his financial resources of course)
*We had every intention of having GUI wallets available for all all clients at launch as well as a CGMiner port (we planned originally to release this on day 2 to allow people to CPU mine first but it became apparent that the community were going to beat us to it so we put resources into developing one but proved unsuccessful due to time and competing priorities), stratum port and p2pool port.
*The above was not possible due to time and resources constraints and it was decided that it would be better to launch as was than delay and upset the community.
*In hindsight it was the wrong move to release when we did and we should have delayed but hindsight is 20/20 as they say.

This above is my take on things personally and doesn't reflect the opinions of the entire dev team or Max himself. A comprehensive statement explaining and apologising the launch will come hopefully tomorrow.


I can only apologise if people feel cheated and or let down by the launch. We all hope to do better in the future.
http://www.reddit.com/r/maxcoinproject/comments/1xgo7a/the_launch_wasnt_for_crypto_cry_babies_cowboy_up/cfbany3
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