Okay guys, devs have 36 million coins which is 1/3 of the total supply.
Now they voting his own delegates. This is not decentralized.
I am out...
If you want to read, please join to slack:
shazzy [6:12 PM]
the purpose of genesis delegates is exactly this .. during launch test stability of network .... we have deemed it not fit and taken action ....
vprf [6:12 PM]
Should we shut down our nodes, or keep them running
shazzy [6:13 PM]
@vprf.. you can keep them for your own wallet use ... entirely your choice ...
vprf [6:13 PM]
ok
cointrader83 [6:14 PM]
@shazzy: wow that was a "decentralized s"
neiq [6:14 PM]
lol
cointrader83 [6:14 PM]
"decentralized" steps
shazzy [6:15 PM]
That is decentralised ... we have sufficent Rise to vote in Genesis Delegates (edited)
[6:15]
that is precisely what decentralised is ...
cointrader83 [6:16 PM]
really? risedelegate93 has 36.67 percent of votes.
[6:17]
are you own 36 million coins?
[6:17]
pretty cool amount
shazzy [6:17 PM]
seems like the big holders voted for genesis because unlike you they understand a working network is more important that a few Rise in fees
darkoth89 [6:17 PM]
lol
shazzy [6:17 PM]
Thank you to the guys that voted for Genesis Delegates!
cointrader83 [6:17 PM]
@shazzy: are you joking right?
darkoth89 [6:17 PM]
Why are people moaning about this?
shazzy [6:17 PM]
Let us fix and improve this and we will move forward
darkoth89 [6:17 PM]
Do you understand what fixing an issue means? lol
shazzy [6:18 PM]
@darkoth89: baffles me ...
[6:18]
anyways I am off slack for a little while ... got some real work todo and things to fix (edited)
cointrader83 [6:19 PM]
@shazzy: what real work? answer my question do you have 36 million coins?
neiq [6:19 PM]
@shazzy: you've got to be the funniest dev on here
cointrader83 [6:20 PM]
or do you want to tell me that 1/3 of the coin holders voted to your delegates?
shazzy [6:20 PM]
@neiq: ... in crypto you have to be ... everyone thinks they know better than you yet contribute 0 lines of code .... got to be light hearted otherwise youll jump off a bridge :slightly_smiling_face:
tyndierock [6:20 PM]
Yes the devs have 36 million coins, 10268928216682419931R
cointrader83 [6:21 PM]
@tyndierock: really?
[6:21]
they are ICO partipiants?
[6:21]
not problem for me
tyndierock [6:21 PM]
check out the address mate, this was all in the ICO and whitepaper, its no surprise
cointrader83 [6:21 PM]
but did you post anywhere this information?
tyndierock [6:22 PM]
Its unfortunate they had to do this, but this is a good thing
cointrader83 [6:22 PM]
hm... as I remember: 88 million coins in ICO and 12 millions in dev funds
[6:22]
or no?
tyndierock [6:23 PM]
hmmn you may be correct on those numbers, however the developer team controls more than 12
cointrader83 [6:25 PM]
wow very transparent
[6:25]
link in btc?
[6:26]
yes I see the developer controls more than 12
neiq [6:26 PM]
I'm up for a good debate and see cointraders point tho. As it stand right now the devs have controlling say on delegates
tyndierock [6:26 PM]
What I mean by that is that they personally own more than the 12million.
[6:27]
In my opinion that is necessary to start in case there were any issues (which apparently there are)
neiq [6:27 PM]
but it fixed the forks
darkoth89 [6:28 PM]
Whats the issue with them buying their own coin, surely thats a good thing and not a bad one?
1
cointrader83 [6:28 PM]
@darkoth89: it is not problem, but transparency is the key
[6:29]
devs needed to announce that they buying his own coins
[6:29]
not problem with that
[6:29]
but if they not announce that is a problem
Wow no normal user is delegate ... all votes to the genesis - why is this ?
the network was running fine even without the genesis_delegates Having a real chance to became a delegate attracts more investors - why do you distract them ?
unbelievable ...
btw please add my request to be a delegate (
https://bitcointalksearch.org/topic/m.15393887 ) to the OP - if it still makes sense ...
regards