The wallet is updated in github after heavy development consisting of over 1000 commits (as anyone can independently verify so I won't both to post commit logs here), and is available for testing.
Hey smooth, this latest squabble touches on a point I wrote about at a venue called
Enter Stage Right. Believe it or not, the rubric I was riffin' on was none other than altcoin socialism! With respect to the, er, current subject, here's the "money quote":
Altcoin Socialism Turns Out To Be…Socialism
Since I had to relearn the old learnings the hard way, I can relate why socialism has the perennial appeal that it does. Strangely, a well-run commune or socialist "community" taps into the same yearning for glory you find on the football field. If you're iron-clad sure in your heart that your team is the best there is, you'll pour your guts out on the gridiron. And, if you're convinced that your commune is inevitably going to rock the world as well as yield a nice living, you'll throw yourself into the work just as a professional defensive tackle throws himself into a tackling dummy in practice sessions.
The trouble is: the world of work does not fit into a gridiron.
When you're on the football field, you give it all you got for the two to three hours that the game lasts. But then, the game is over. It's time to get ready for the next one. Followed by the next one after that, and so on until the season ends.
If this high-charged and high-powered ethic is transformed into a commune, it puts a psychological premium on short-term tasks that produce short-term results. Results that you can show to the rest of the commune during the inevitable and necessary morale-keeping rah-rah sessions. That's what keeps everyone going: a touchdown here, a field goal there, and so on. As a result, a commune is not conducive to all the necessary long-term work that takes weeks or months of sustained effort without any visible results. Even if the Leader is conscientious enough to make them "feel included," everyone can see the difference. The people who've completed something and show it – who've won a tangible victory that everyone sees – get real applause, while the long-termers get the polite A-for-effort applause. Inevitably, this drains the morale of people doing the long-term building work.
And if the Leader is not conscientious, the long-term builders wind up getting treated like the towel boy.
The only way to compensate for this inevitable short-termism is to turn the cheerleading and applause into a ritual that sticks. That's why commune rah-rah inevitably turns into an outright faith or even cult. You need that faith securely in your heart to keep plugging away when the incentive tie between your personal work and your personal reward is broken. Like it is in the commune setup, and like it is in any socialist scheme.
Eventually the good ole tragedy of the commons surfaces, which gets a good push from the fact that some people – shrewdly if cynically – see that they'll get fed even if they putter around. They also get the idea that they're smarter than the hard-chargers. So the Stakhanovite, in an essentially voluntary socialism, wonders why he goes from local hero to Animal Farm's Boxer.
The hard workers thus become disillusioned, in small clusters or one by one. Then they get outraged and start yelling, or they get apathetic and quietly move on. Once the tragedy-of-the-commons ball gets rolling, it's only a matter of time before the commune breaks up and winds up as yet another cautionary tale.
Full context - i.e., the full article - here:
http://www.enterstageright.com/archive/articles/0914/realtimeselfsocialism.htm
