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Topic: [RaiBlocks] RaiBlocks trading thread - page 164. (Read 431929 times)

legendary
Activity: 1666
Merit: 1000
July 13, 2016, 07:46:00 AM
kneim what i meant was there are others who can answer you about your question about master chain. there should be a handful of people who have read the whitepaper and know about the stuff. im too lazy to readup now.

regarding the distribution of the remaining coins, i tend to agree we should stick with the faucet after the coinswap because a good part of the interest given to mrai by users is from the faucet distribution.

As I understood the faucet could be misused by bots, operated by technically skilled people. This is the opposite of humanity.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 07:40:41 AM
kneim what i meant was there are others who can answer you about your question about master chain. there should be a handful of people who have read the whitepaper and know about the stuff. im too lazy to readup now.

regarding the distribution of the remaining coins, i tend to agree we should stick with the faucet after the coinswap because a good part of the interest given to mrai by users is from the faucet distribution.
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 07:32:20 AM
Fair distribution means a diffirent way of distributing the coins? If you tried to change the distribution of this coins it will not get demand as much as old raiblocks had. People only want the way of distribution this coin gave, other than that is not that important for them already.

I like your speculation of what people want. I cannot see any demand of raiblocks, how do you measure it?
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 07:29:13 AM
i do not understand the part you said about a person having own chain? can you expound more? i do not understand/know this mechanism

Other's can explain this technical part better to you. Every wallet is riding it's own chain, and they are merged dezentralized. I can't answer, if these individual chains are like sidechains of a master chain. Is there a main chain with this coin?

i have no clue. i need to readup. and yes there are a lot of technically competent people here who can chime in.

If you have no clue, how can you know that here are technically competent people? The decision of people being competent can only be done by people that are more competent. (The original devs, for example)

about the inevitable deflation you mentioned, i dunno, maybe introduce a very small % PoS?
there are a lot of good coins out there with fixed supply and i think its okay. BTC itslef will end up like this once it reaches the cap of 21M coins.

PoS is mainly for reducing energy consumption, and I think raiblocks have solved this in a perfect way.

PoS can also substitute lost coins, but I would prefer another approach, that I have not solved yet. Every single person/instance should have the possibility to create his own wallet/subchain, and gain some coins with it. I don't know, if once only (on start of living), or on a regular basis (weekly perhaps). And in some way it should become expensive, if this single person/instance tries to create wallets/subchains over and over again. Hint: The poorest people in this world should in tendency get the highest chance to profit from it.
full member
Activity: 210
Merit: 100
July 13, 2016, 07:24:22 AM
the people with huge loads of raiblocks should initiate a takeover or forking of this project. kaselit already gave up. its okay at least he tried. this has happened with many other coins before. with the right people this coin will be good again. those who can code should step forward. those with bagloads can maybe contribute to give bounties etc. it can be done guys if we want it bad enough.

Does this make sense?

Original devs have a shitload of coins, that they could sell on other's work.
Which persons have huge loads of raiblocks? We will never find out.
My investments into raiblocks are comparable with a donation to the devs. If they don't want to develop even more, they should keep running the network and hand their work over to others. They did a good work until now, and I see no reason or constraint for them to go on.
I myself have no reason to donate more, why should I? Sellers already have some Bitcoins from me.
Theoretically there could be an agreement between human beings, to donate a part of the gains to the project. But man is not human any more, a lot will not do.

So summarized a team of competent devs could simply clone it, and start it from the beginning. How to distribute coins should be discussed before in the community. Human rules should be followed all the time: dezentralization; equal treatment; define the addressee of this coin (no it's not the devs nor the community); how many coins are acceptable to the devs, and how will they be distributed; democratic processes with about 75% agreement; In a human world small instances have always advantages over large instances.

I have seen a lot of greedy stupid comments the last months, and with this team it will not work.

yes its much simpler if it gets cloned and start over again for a fair distribution. i forgot about the possibility that the original devs could just dump the bulk of coins from the undistributed genesis account.

how about this : a coinswap to a fresh clone while making sure the remaining coins from the genesis account do not get to move to swap? in short, only those coins which were farmed through faucets gets to be swapped.


Fair distribution means a diffirent way of distributing the coins? If you tried to change the distribution of this coins it will not get demand as much as old raiblocks had. People only want the way of distribution this coin gave, other than that is not that important for them already.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 07:16:41 AM
i do not understand the part you said about a person having own chain? can you expound more? i do not understand/know this mechanism

Other's can explain this technical part better to you. Every wallet is riding it's own chain, and they are merged dezentralized. I can't answer, if these individual chains are like sidechains of a master chain. Is there a main chain with this coin?

i have no clue. i need to readup. and yes there are a lot of technically competent people here who can chime in.

about the inevitable deflation you mentioned, i dunno, maybe introduce a very small % PoS?
there are a lot of good coins out there with fixed supply and i think its okay. BTC itself will end up like this once it reaches the cap of 21M coins.
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 07:11:22 AM
i do not understand the part you said about a person having own chain? can you expound more? i do not understand/know this mechanism

Other's can explain this technical part better to you. Every wallet is riding it's own chain, and they are merged dezentralized. I can't answer, if these individual chains are like sidechains of a master chain. Is there a main chain with this coin?
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 07:07:34 AM

There could be just an agreement with the original devs to hold 10% of the coins, and distribute the rest.

But I believe, the coin should be developed just a little bit more. As I understood, every person (or other instance) could have his own chain. And this this chain could be created and live and die like any person (or other instance) in the world. This is giving the maximum of decentralisation that is possible.

But what if a person is dying and coins on his chain are lost. How are they substituted? The number of Mrai is fix, and this would lead into a deflation, or not?


personally i am okay with the devs taking a chunk of some % out of the undistributed coins. they deserve some of it because they started a good project idea and for all the hardwork. im just not sure what exact % will be acceptable to most users.

i do not understand the part you said about a person having own chain? can you expound more? i do not understand/know this mechanism
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 07:01:47 AM
not to be exact, i will declare i have between zero and 100k only. not much. i have seen others on here holding about a million or so out of the 13m distibuted so far.

and what do you think about my previous suggestion? is it feasible? maybe a manual check everytime a swap is done just to make sure the genesis account is untouched. and then proceed with the swap? watchathink?

It's unneccessarily complicated, and I do not see any reason to exclude the original devs. They are not my enemy, and never will be.

this does not mean the original devs are excluded. this is just to make sure they would not dump the undistributed coins. they could even be secretly holding coins from other wallets that farmed thru faucets too and thats fine. because those coins were gained fairly.

i am not a coder so im not really sure if that idea is feasible or not. but i think its fair. and considering there are really not that many adopters of mrai yet, i think it can be done.

why not do a claiming of ownership of the richlist like what other coins do in their blockexplorers?

There could be just an agreement with the original devs to hold 10% of the coins, and distribute the rest.

But I believe, the coin should be developed just a little bit more. As I understood, every person (or other instance) could have his own chain. And this this chain could be created and live and die like any person (or other instance) in the world. This is giving the maximum of decentralisation that is possible.

But what if a person is dying and coins on his chain are lost. How are they substituted? The number of Mrai is fix, and this would lead into a deflation, or not?
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 06:54:29 AM
not to be exact, i will declare i have between zero and 100k only. not much. i have seen others on here holding about a million or so out of the 13m distibuted so far.

and what do you think about my previous suggestion? is it feasible? maybe a manual check everytime a swap is done just to make sure the genesis account is untouched. and then proceed with the swap? watchathink?

It's unneccessarily complicated, and I do not see any reason to exclude the original devs. They are not my enemy, and never will be.

this does not mean the original devs are excluded. this is just to make sure they would not dump the undistributed coins. they could even be secretly holding coins from other wallets that farmed thru faucets too and thats fine. because those coins were gained fairly.

i am not a coder so im not really sure if that idea is feasible or not. but i think its fair. and considering there are really not that many adopters of mrai yet, i think it can be done.

why not do a claiming of ownership of the richlist like what other coins do in their blockexplorers?
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 06:47:29 AM
not to be exact, i will declare i have between zero and 100k only. not much. i have seen others on here holding about a million or so out of the 13m distibuted so far.

and what do you think about my previous suggestion? is it feasible? maybe a manual check everytime a swap is done just to make sure the genesis account is untouched. and then proceed with the swap? watchathink?

It's unneccessarily complicated, and I do not see any reason to exclude the original devs. They are not my enemy, and never will be.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 06:43:43 AM
not to be exact, i will declare i have between zero and 100k only. not much. i have seen others on here holding about a million or so out of the 13m distibuted so far.

and what do you think about my previous suggestion? is it feasible? maybe a manual check everytime a swap is done just to make sure the genesis account is untouched. and then proceed with the swap? watchathink?
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 06:38:29 AM
how about this : a coinswap to a fresh clone while making sure the remaining coins from the genesis account do not get to move to swap? in short, only those coins which were farmed through faucets gets to be swapped.

How many Mrai coins do you own?
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 06:30:31 AM
the people with huge loads of raiblocks should initiate a takeover or forking of this project. kaselit already gave up. its okay at least he tried. this has happened with many other coins before. with the right people this coin will be good again. those who can code should step forward. those with bagloads can maybe contribute to give bounties etc. it can be done guys if we want it bad enough.

Does this make sense?

Original devs have a shitload of coins, that they could sell on other's work.
Which persons have huge loads of raiblocks? We will never find out.
My investments into raiblocks are comparable with a donation to the devs. If they don't want to develop even more, they should keep running the network and hand their work over to others. They did a good work until now, and I see no reason or constraint for them to go on.
I myself have no reason to donate more, why should I? Sellers already have some Bitcoins from me.
Theoretically there could be an agreement between human beings, to donate a part of the gains to the project. But man is not human any more, a lot will not do.

So summarized a team of competent devs could simply clone it, and start it from the beginning. How to distribute coins should be discussed before in the community. Human rules should be followed all the time: dezentralization; equal treatment; define the addressee of this coin (no it's not the devs nor the community); how many coins are acceptable to the devs, and how will they be distributed; democratic processes with about 75% agreement; In a human world small instances have always advantages over large instances.

I have seen a lot of greedy stupid comments the last months, and with this team it will not work.

yes its much simpler if it gets cloned and start over again for a fair distribution. i forgot about the possibility that the original devs could just dump the bulk of coins from the undistributed genesis account.

how about this : a coinswap to a fresh clone while making sure the remaining coins from the genesis account do not get to move to swap? in short, only those coins which were farmed through faucets gets to be swapped.

legendary
Activity: 1666
Merit: 1000
July 13, 2016, 05:41:47 AM
the people with huge loads of raiblocks should initiate a takeover or forking of this project. kaselit already gave up. its okay at least he tried. this has happened with many other coins before. with the right people this coin will be good again. those who can code should step forward. those with bagloads can maybe contribute to give bounties etc. it can be done guys if we want it bad enough.

Does this make sense?

Original devs have a shitload of coins, that they could sell on other's work.
Which persons have huge loads of raiblocks? We will never find out.
My investments into raiblocks are comparable with a donation to the devs. If they don't want to develop even more, they should keep running the network and hand their work over to others. They did a good work until now, and I see no reason or constraint for them to go on.
I myself have no reason to donate more, why should I? Sellers already have some Bitcoins from me.
Theoretically there could be an agreement between human beings, to donate a part of the gains to the project. But man is not human any more, a lot will not do.

So summarized a team of competent devs could simply clone it, and start it from the beginning. How to distribute coins should be discussed before in the community. Human rules should be followed all the time: dezentralization; equal treatment; thinking long-term; define the addressee of this coin (no it's not the devs nor the community); how many coins are acceptable to the devs, and how will they be distributed; democratic processes with about 75% agreement; In a human world small instances have always advantages over large instances.

I have seen a lot of greedy stupid comments the last months, and with this team it will not work.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
July 13, 2016, 05:15:41 AM
the people with huge loads of raiblocks should initiate a takeover or forking of this project. kaselit already gave up. its okay at least he tried. this has happened with many other coins before. with the right people this coin will be good again. those who can code should step forward. those with bagloads can maybe contribute to give bounties etc. it can be done guys if we want it bad enough.
hero member
Activity: 630
Merit: 500
July 13, 2016, 04:34:19 AM
Because anybody can create circles of wallets with a unique fork, and start anytime in the past, and because nobody can control it by a block explorer, the coin seems to be dead at this time. In my opinion the devs have two options:

1) Stop the project officially, that nobody can scam others with trading coins on the loss of the clueless

2) Start the main nodes and make an official block explorer running again

If they should not move, they loose all their reputation. This would be too bad about this project.
Devs had 2 months to respond. And they didn't. Most likely they will do nothing.
What options does community have?
if you are going to move back might some pages you will see that kaselit already make some moves on his own, i'm not sure what is the update from this project but  it  will allow Mrai to be use in exchange to his new project.
kaselit already cancel his project.

Because anybody can create circles of wallets with a unique fork, and start anytime in the past, and because nobody can control it by a block explorer, the coin seems to be dead at this time. In my opinion the devs have two options:

1) Stop the project officially, that nobody can scam others with trading coins on the loss of the clueless

2) Start the main nodes and make an official block explorer running again

If they should not move, they loose all their reputation. This would be too bad about this project.
Devs had 2 months to respond. And they didn't. Most likely they will do nothing.
What options does community have?

Who gave devs the two months to respond? And how much time for your answers would you have given to kaselit?
That's fact: they didn't answer since May 22 (May 22 - last post on Telergam, May 19 - last commit at Github, May 18 - last twit, May 12 - last post here). Aproximately 2 month.
Where in this topic did you find my questions to kaselit?
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 04:10:46 AM
And how much time will you need to answer my questions?
legendary
Activity: 1666
Merit: 1000
July 13, 2016, 04:09:01 AM
Because anybody can create circles of wallets with a unique fork, and start anytime in the past, and because nobody can control it by a block explorer, the coin seems to be dead at this time. In my opinion the devs have two options:

1) Stop the project officially, that nobody can scam others with trading coins on the loss of the clueless

2) Start the main nodes and make an official block explorer running again

If they should not move, they loose all their reputation. This would be too bad about this project.
Devs had 2 months to respond. And they didn't. Most likely they will do nothing.
What options does community have?

Who gave devs the two months to respond? And how much time for your answers would you have given to kaselit?
hero member
Activity: 1302
Merit: 540
July 13, 2016, 03:59:27 AM
Because anybody can create circles of wallets with a unique fork, and start anytime in the past, and because nobody can control it by a block explorer, the coin seems to be dead at this time. In my opinion the devs have two options:

1) Stop the project officially, that nobody can scam others with trading coins on the loss of the clueless

2) Start the main nodes and make an official block explorer running again

If they should not move, they loose all their reputation. This would be too bad about this project.
Devs had 2 months to respond. And they didn't. Most likely they will do nothing.
What options does community have?
if you are going to move back might some pages you will see that kaselit already make some moves on his own, i'm not sure what is the update from this project but  it  will allow Mrai to be use in exchange to his new project.
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