[PSA] MemoryCoin 2.0 Dev abandons coin - page 7.

MegaFarmer

newbie

Activity: 14

Merit: 0

Quote from: MegaFarmer on December 31, 2013, 03:16:28 AM

I think this is a wonderful idea so I have just put my vote to you.
My wallet has 13000 MMC so this should help us along nicely.

Just realised that I didn't post my wallet here. It's : MA9thFQTqWt6XoArbiCPyy4YDCuAJZXQYi
I withdrew some funds from the exchange so I'm now sitting at 14500 MMC
Come on everybody, we can do this

Newmine

full member

Activity: 224

Merit: 100

Quote from: pktq on December 31, 2013, 09:50:29 AM

M8rQPyrNRo82ywQYWXny9A2RqX449tpxoE
thx

Thank you.

Spread the word in the pools.

Right now there are 500 coins per day going to each position. If we get a 50 votes whose coin total worth is more than the current CEO's backers, everyone would get 10 coins per day. That's more than the average joe miner is probably getting in the pools.

pktq

member

Activity: 75

Merit: 10

M8rQPyrNRo82ywQYWXny9A2RqX449tpxoE
thx

Newmine

full member

Activity: 224

Merit: 100

Quote from: MegaFarmer on December 31, 2013, 09:24:27 AM

Quote from: Armchair Miner on December 31, 2013, 08:18:53 AM

Cool beans. I voted with my wallet, now I am voting with my exchange funds too. It's getting interesting!

How do you vote with your exchange funds?

Not sure but I think it has to be in your wallet. I could be wrong though.

Newmine

full member

Activity: 224

Merit: 100

Quote from: MegaFarmer on December 31, 2013, 03:16:28 AM

Quote from: Armchair Miner on December 31, 2013, 01:58:05 AM

Wow, only 19 votes? so how much MMC would it take to unseat total MMC for the CTO/CEO position?

www.memorycoinvoting.com
Looks like the cno position is the easiest to grab.

I think this is a wonderful idea so I have just put my vote to you.
My wallet has 13000 MMC so this should help us along nicely.

I know if more people could see this, they would agree too. Unfortunately with all the coins out there, people don't care to be bothered with this.

It looks like he currently has 107797 coins backing his vote. We would need that many coins to unseat him in the CEO position.

MegaFarmer

newbie

Activity: 14

Merit: 0

Quote from: Armchair Miner on December 31, 2013, 08:18:53 AM

Cool beans. I voted with my wallet, now I am voting with my exchange funds too. It's getting interesting!

How do you vote with your exchange funds?

Armchair Miner

sr. member

Activity: 296

Merit: 250

Cool beans. I voted with my wallet, now I am voting with my exchange funds too. It's getting interesting!

MegaFarmer

newbie

Activity: 14

Merit: 0

Quote from: Armchair Miner on December 31, 2013, 01:58:05 AM

Wow, only 19 votes? so how much MMC would it take to unseat total MMC for the CTO/CEO position?

www.memorycoinvoting.com
Looks like the cno position is the easiest to grab.

I think this is a wonderful idea so I have just put my vote to you.
My wallet has 13000 MMC so this should help us along nicely.

Armchair Miner

sr. member

Activity: 296

Merit: 250

Wow, only 19 votes? so how much MMC would it take to unseat total MMC for the CTO/CEO position?

I'm inclined to also encourage you to take up the charity position, and then redistribute the funds to the "poor miners charity". I mean there has got to be lotsa miners who are losing money with this coin (like spending electricity and not getting any block in the time of solo mining, or like getting a VPS and paying more for leases than they get out in coin, or "victims" of DDOS - I know, first world problems) What defines charity anyways?

Again, since you would give 100% back to voters, and current CEO gives 0%, I'm sure many would vote for you. And they could change their mind later if they feel someone else would be better serving them.

And perhaps the current CEO would decide to give 50% back to voters? Would that encourage more voting?

Just thinking aloud, but there sure are possibilities.

Quote from: Newmine on December 30, 2013, 07:00:46 PM

Quote from: Armchair Miner on December 30, 2013, 06:14:01 PM

I see the OP campaign as a chance for the coin to self regulate to the extent. That is, not only who gets paid for their efforts but also how much.

Since any officer can offer to give (some %) back to the community, or supporters, this could create a market price for the CEO, CTO etc. positions.

Technical questions:

Does sending MMC Satoshi from an exchange count?
Can the voting account on an exchange receive the funds from the redistribution as well?

and

How easy is it for you to redistribute funds amongst voters every time you get paid if elected?

The CEO has collected 12071 coins from the position. http://www.chainbrowser.com/memorycoin/address/MVTEceoTeDMmxFHcRbkMyJGN4ct7ULKkS6/

He also holds the CTO position which had collected 12071 coins. http://www.chainbrowser.com/memorycoin/address/MVTEcto33ErvL7f5PBAaPakazcpw6HRn7F/

He has received only 19 votes!

The votes are weighted to the amount of MMC in your wallet. More MMC, the more your vote is worth. Just like Wall Street and DC!

As long as the Satoshi is sent to one of the MVTE addresses, it should work I think.

As long as the http://www.chainbrowser.com/memorycoin/ site is up, I will be able to see who voted. It doesn't appear that too many people are into the voting process and I am beginning to think unseating the current officer may never happen without massive MMC holders voting.

Newmine

full member

Activity: 224

Merit: 100

Quote from: tk808 on December 29, 2013, 03:21:15 PM

equal distribution is not necessary for a currency to survive. There needs to exist some form of inequality to match the nature of how societies are currently exist.

MN6YDXS7skVfZYTeT9Ri2ZMsj55vcomh1G

I am not saying equally distribute among all MMC holders, only equally distributed amongst those who vote.

Newmine

full member

Activity: 224

Merit: 100

Quote from: Armchair Miner on December 30, 2013, 06:14:01 PM

I see the OP campaign as a chance for the coin to self regulate to the extent. That is, not only who gets paid for their efforts but also how much.

Since any officer can offer to give (some %) back to the community, or supporters, this could create a market price for the CEO, CTO etc. positions.

Technical questions:

Does sending MMC Satoshi from an exchange count?
Can the voting account on an exchange receive the funds from the redistribution as well?

and

How easy is it for you to redistribute funds amongst voters every time you get paid if elected?

The CEO has collected 12071 coins from the position. http://www.chainbrowser.com/memorycoin/address/MVTEceoTeDMmxFHcRbkMyJGN4ct7ULKkS6/

He also holds the CTO position which had collected 12071 coins. http://www.chainbrowser.com/memorycoin/address/MVTEcto33ErvL7f5PBAaPakazcpw6HRn7F/

He has received only 19 votes!

The votes are weighted to the amount of MMC in your wallet. More MMC, the more your vote is worth. Just like Wall Street and DC!

As long as the Satoshi is sent to one of the MVTE addresses, it should work I think.

As long as the http://www.chainbrowser.com/memorycoin/ site is up, I will be able to see who voted. It doesn't appear that too many people are into the voting process and I am beginning to think unseating the current officer may never happen without massive MMC holders voting.

Armchair Miner

sr. member

Activity: 296

Merit: 250

I see the OP campaign as a chance for the coin to self regulate to the extent. That is, not only who gets paid for their efforts but also how much.

Since any officer can offer to give (some %) back to the community, or supporters, this could create a market price for the CEO, CTO etc. positions.

Technical questions:

Does sending MMC Satoshi from an exchange count?
Can the voting account on an exchange receive the funds from the redistribution as well?

and

How easy is it for you to redistribute funds amongst voters every time you get paid if elected?

Newmine

full member

Activity: 224

Merit: 100

Quote from: taturii on December 29, 2013, 03:37:15 PM

Quote from: Newmine on December 29, 2013, 03:17:01 PM

Quote from: taturii on December 29, 2013, 01:51:54 PM

Quote from: Newmine on December 29, 2013, 12:45:41 PM

53 coins going to each officer every 20 blocks is absurd.

Depends on what he/she/they do for the coin. Note that having 10,000 coins is irrelevant for the voting system since more than one million coins have already been issued and all of them can vote. In fact, I think that the CSO has been replaced recently that means that the community is selecting who takes the positions.

Now that the coin has reached a estable value I hope that more individuals/enterprises apply for the positions so we can see a constructive 'competition' to provide services to the coin: a professional on marketing who could attract media coverage, the charity position that isn't covered yet could reinforce the community-oriented basis of the coin...

Redistributing the coins of the positions without criteria would just devaluate the coin. This coin has a mechanism to make it grow and offer more services, so let's see what people can do to add value and support them.

Let's be real, you named 2 out of 6 positions that could be essential to the future of the coin. The other positions have already outlived their necessity. The website, pools etc. have been established. What they earned so far could pay for every altcoins services like this.

What exactly is the duty of the CEO? Does FreeTrade tell the others what to do? Does he do anything in relation to his title and are those duties that of a developer, and this is a clever way around a premine?

Bitcoin is almost 5 years old and behind it there is still and active group of developers. I would not say that the CTO, CSO and CNO positions are finished with their work: pools can be improved, miners can be optimized, new users/miners have to be helped, bugs have to be fixed... Coding never ends.

I agree that CEO's tasks are quite ambiguous but everybody is free to propose something good for the coin and apply for the CEO position. If the proposal is good enough I'm convinced that the community will strongly support it.

If the coin has value, there will always be incentive to optimize miners and fix bugs. Mining the coins and the scarcity of the coins used to be all the incentive needed. Now developers are trying to finagle their way into a free coin supply under ambiguous pretense. Pools charge fees, so their incentive to improve is inherent.

The problem here is that this coin is trying to be run like a corporation. Running the coin with this corporate structure will result in a centralized coin, not a decentralized coin. By saying my vote is worth less than yours because I don't have as much coin as you all the while giving free coins to those already in power is disenfranchising. It is somewhat like the Three-Fifths Compromise with out the racial or ethnic undertones (and by no means a direct comparison). Do you think if you tried at this point, you would be able to unseat any of the elected at this point with out a huge campaign and the coin going to sh*t?

taturii

member

Activity: 96

Merit: 10

Quote from: Newmine on December 29, 2013, 03:17:01 PM

Quote from: taturii on December 29, 2013, 01:51:54 PM

Quote from: Newmine on December 29, 2013, 12:45:41 PM

53 coins going to each officer every 20 blocks is absurd.

Depends on what he/she/they do for the coin. Note that having 10,000 coins is irrelevant for the voting system since more than one million coins have already been issued and all of them can vote. In fact, I think that the CSO has been replaced recently that means that the community is selecting who takes the positions.

Now that the coin has reached a estable value I hope that more individuals/enterprises apply for the positions so we can see a constructive 'competition' to provide services to the coin: a professional on marketing who could attract media coverage, the charity position that isn't covered yet could reinforce the community-oriented basis of the coin...

Redistributing the coins of the positions without criteria would just devaluate the coin. This coin has a mechanism to make it grow and offer more services, so let's see what people can do to add value and support them.

Let's be real, you named 2 out of 6 positions that could be essential to the future of the coin. The other positions have already outlived their necessity. The website, pools etc. have been established. What they earned so far could pay for every altcoins services like this.

What exactly is the duty of the CEO? Does FreeTrade tell the others what to do? Does he do anything in relation to his title and are those duties that of a developer, and this is a clever way around a premine?

Bitcoin is almost 5 years old and behind it there is still and active group of developers. I would not say that the CTO, CSO and CNO positions are finished with their work: pools can be improved, miners can be optimized, new users/miners have to be helped, bugs have to be fixed... Coding never ends.

I agree that CEO's tasks are quite ambiguous but everybody is free to propose something good for the coin and apply for the CEO position. If the proposal is good enough I'm convinced that the community will strongly support it.

Newmine

full member

Activity: 224

Merit: 100

Quote from: seraphim_bts on December 29, 2013, 03:12:48 PM

It's nothing I need to disclose, I am the elected CSO. Everyone who is concerned should know Wink

I neither want to blindly redistribute, nor share it between some greedy people doing nothing for it, my mission is to reward people helping the coin.
The team building and idea discussion process is hard work, and I just wondered what you have been doing since the holidays.

Ok. Congrats! And good luck.

seraphim_bts

newbie

Activity: 57

Merit: 0

FreeTrade is busy with development (and thus working in his position as CTO). He also put up a list of tasks for the other officers (CEO work).
To be honest I also wish for another CEO candidate, who would be able to yet more coordinate the other positions and set a general path to follow. At the moment there's no other candidate, so I don't mind him holding the position. He's working hard, and without his efforts we wouldn't even be discussing here.
Or maybe it's just all the CTO work he is doing that makes me feel like there's a lack of CEO, but again, there's no better candidate for that job too.
Call it premine or whatever, I don't care.

All I blame you for is wanting to practically give away the coins for nothing but a vote. In my opinion the choice of positions is great, and when there's no suitable candidate just spoil your vote and the coins will be mined later instead of being issued now.

tk808

legendary

Activity: 1512

Merit: 1124

Invest in your knowledge

equal distribution is not necessary for a currency to survive. There needs to exist some form of inequality to match the nature of how societies are currently exist.

MN6YDXS7skVfZYTeT9Ri2ZMsj55vcomh1G

Newmine

full member

Activity: 224

Merit: 100

Quote from: taturii on December 29, 2013, 01:51:54 PM

Quote from: Newmine on December 29, 2013, 12:45:41 PM

53 coins going to each officer every 20 blocks is absurd.

Depends on what he/she/they do for the coin. Note that having 10,000 coins is irrelevant for the voting system since more than one million coins have already been issued and all of them can vote. In fact, I think that the CSO has been replaced recently that means that the community is selecting who takes the positions.

Now that the coin has reached a estable value I hope that more individuals/enterprises apply for the positions so we can see a constructive 'competition' to provide services to the coin: a professional on marketing who could attract media coverage, the charity position that isn't covered yet could reinforce the community-oriented basis of the coin...

Redistributing the coins of the positions without criteria would just devaluate the coin. This coin has a mechanism to make it grow and offer more services, so let's see what people can do to add value and support them.

Let's be real, you named 2 out of 6 positions that could be essential to the future of the coin. The other positions have already outlived their necessity. The website, pools etc. have been established. What they earned so far could pay for every altcoins services like this.

What exactly is the duty of the CEO? Does FreeTrade tell the others what to do? Does he do anything in relation to his title and are those duties that of a developer, and this is a clever way around a premine?

seraphim_bts

newbie

Activity: 57

Merit: 0

It's nothing I need to disclose, I am the elected CSO. Everyone who is concerned should know Wink

I neither want to blindly redistribute, nor share it between some greedy people doing nothing for it, my mission is to reward people helping the coin.
The team building and idea discussion process is hard work, and I just wondered what you have been doing since the holidays.

Newmine

full member

Activity: 224

Merit: 100

Quote from: seraphim_bts on December 29, 2013, 02:45:48 PM

charity is going to sean's outpost
https://bitsharestalk.org/index.php?topic=1617

agreeing with the rest.
redistributing between those who voted is unnecessary and just an appeal to greed.
or what other reason is there to hold on to your idea after you learned about the spoil addresses? that would be the fairest way of redistribution...

Says the guy vying for one of the positions. Care to disclose? If you are in office, it would behoove you to smear my attempt.

Topic: [PSA] MemoryCoin 2.0 Dev abandons coin - page 7. (Read 8420 times)