Developer agreed on payment only after new codebase is checked by Poloniex and MintPal and network is running on it correctly for at least 1 week. Users would not be required
to upgrade but exchanges would certainly find it a good move to switch to improved wallet version (see the case with corrupted wallet above). As for Mindfox, there is nothing
he has to give up but here are some disturbing facts about him:
1. He is nowhere to be found.
2. He possibly controls majority of network "hashrate" (stakes) and thus possibly generates over 50% of all blocks.
3. As far as I see, he wants money for any XBC upgrades, even minor ones - if it is so, I know much better developers who will do the job for the same amount of money, or less.
From my perspective, Mindfox is
major threat to XBC and PoS changes - if ever implemented - will be done in such a way to prevent any single entity or a group working together
from again putting XBC in situation as it is right now. Currently used PoS systems (XBC or other PoS coins) are not final, there is plenty of room for upgrades. I don't want to talk
more on that matter, other coin developers are around - it is not in XBC community interest to post good unimplemented ideas here.
I'm aware of the fact Mindfox didn't intentionaly put himself into control of XBC network - majority of XBC users were simply too uninterested in running local wallets and staking
so as a developer Mindfox went through trouble of creating countless transactions to make network work. As noble as that was, it puts him into postion where if he decides to go
bad XBC network might run into stall issues or he could possibly 51% attack exchanges to oblivion.
Prevention is always better than a cure.
Could you or the dev itemize the "dozens of minor" issues and include a cost with these items?
As soon as I know the prices I'll post them here. As for (minor) issues, some of them are already posted on this and old XBC thread, others will be posted once detailed report is
done for developer. The most serious bugs are ones that were already fixed in Bitcoin, that is why codebase upgrade makes sense - for hopefuly not much money we get all the
hard, months-long work by Bitcoin developers.