.. Would it be possible to change the back end of XBC so that a percentage of the staked coins automatically goes to the team to help fund development, marketing, or overhead...? What would it take to create this? Team recruiting and retention would be easier with a system like this I would think... Any thoughts?
BitcoinPlus currently does less than $10 trade volume a day. This means that very few people will be keeping their wallets open to stake. As a knock-on effect, this means that the total amount staked for the entire XBC network will be just a few cents per day. If you're planning on siphoning some of this off to developers, I have two questions:
1. What developer would work on this for a fraction of a few cents per day?
2. Why would an investor not simply just move over to another coin where he gets to keep 100% of the stake?
Wishes to help XBC by creating an extension program to XBC called "Parthenon" to aggregate digital artist goods through a dropbox style environment that allows for a way to create an account(with information on name, BTC/XBC account numbers etc.) Long story short my vision is a lightweight utorrent style client that allows quick tranfer of files once transaction has been sent.
This whole idea is a non-starter for the following reasons:
1. It requires both buyer and vendor to have the XBC wallet installed in order to make a purchase. If the vendor doesn't have their wallet open at the time then the buyer would need to wait until the vendor had checked their wallet, authorised the sale and sent the item. Compare this to the immediacy of using traditional online shopping methods like Amazon or iTunes where the buyer makes their purchase and can immediately download the file.
2. What if the vendor has bad bandwidth? If I bought a file from someone, I'd want to make sure it could be downloaded properly. Places like Amazon and iTunes are connected to the internet via huge data infrastructures. When I buy my file from Mr Corncob from Bumblefuck, Nowhere, I don't want to be waiting hours for his pitiful upload bandwidth to crank out the bytes.
3. What if I lose my file? Mr Corncob has already got my money. Why would he send it to me again? With iTunes and Amazon, you can always redownload your purchases.
4. What about digital rights management? How do I ensure that my file cannot be stolen and played on another machine? Would Parthenon also cater for this? And if so, how would it do this?
5. What about copyright? How would you ensure that Mr Corncob was the real owner of the digital file that they were selling? Given the decentralised nature of crypto, how would you ensure that it conformed to the differing laws and regulations of each country? Companies like Amazon and iTunes have huge legal departments which check and verify everything before its put on sale.
I have lots more queries, but I'll stop there because they'll probably just get ignored anyway.
I wish to create the other 98 percent of market that I-tunes-Kindle does not cater to.
Where are you getting this silly statistic from? iTunes and Kindle cater to everyone from the tiniest publisher and musician right up to the mega-corporates.
Here is a link on getting your stuff published on Amazon
http://www.amazon.com/gp/seller-account/mm-summary-page.html?topic=200260520And here's a link for getting published on iTunes
https://www.apple.com/uk/itunes/working-itunes/sell-content/music-faq.htmlEven if this statistic about Kindle/iTunes not catering to 98% of the market were in any way true, what makes you think that this untapped 98% of the market would download, install and create an account on Parthenon, then convert their regular money into XBC to make purchases?
Apple and Amazon are two of the richest companies on the planet and they have hundreds of millions of dollars to throw into marketing. XBC has zero funds whatsoever (apart from your 1280 coins) How would to even begin to compete with this? We've already seen that marketing isn't your strong point due to your failure to keep up the website and the fact that you've not used the Twitter/Facebook groups once.
Just to further outline the futility of your idea, here's the purchase flow for Apple/Amazon vs Parthenon - you tell me which one you would use?
Apple/Amazon1. Find item from listings containing tens of millions of legal and verified files.
2. Pay for item using the currency and payment method of your choice.
3. Immediately download item.
4. If item is lost, redownload item.
Parthenon1. Download Parthenon app.
2. Purchase Bitcoin using dollars.
3. Transfer Bitcoin to Poloniex.
4. Use Bitcoin to buy XBC.
5. Register details with Parthenon
6. Transfer XBC to Parthenon app.
7. Find item from listings containing legally questionably files from vendors who have their wallets open at that specific moment (remember that crypto is decentralised, so only the files connected to the network at the time of searching would appear).
8. Purchase item, using only XBC.
9. Hope that vendor is online and is able to verify purchase - this could be minutes, hours, days or months.
10. Assuming that the vendor is legit (there wouldn't be any checks to prove they're not a scammer) the purchaser gets sent the item at the speed governed by the vendors internet connection.
11. If item is lost, rely on the goodwill of vendor to resend.
Big dreams needs teams and I get that. Any programmer that wishes to speak with me on this let me know. Only thing I can do in that regard is maybe pay someone to help me create it. I have no programming experience and will not pose as otherwise. Currently owns 1280 XBC and is now a 1/50 shareholder and will not sell until moon landing has happened. CHUP.
1280 XBC is worth between $100 and $150. Assuming that you found a programmer who was daft enough to want to take on this project, do you really think they would commit months of work for the same amount of money that they could earn in two to three hours normal work? You are also assuming that a single programmer would have all the skills necessary to produce the entire thing. This would not be the case. Programmers tend to work in teams as people specialise in different areas.
In addition to this, besides vague ramblings about a piece of software that will revolutionise the world of digital publishing, you have not produced any technical specifications, white papers, marketing plans or any other documentation to show how you are going to go about this. As you say above 'you have no programming experience' - and it really shows. Anybody can have an idea that they think is a world beater. Very few people can make it happen. There is a huge difference between 'talking the talk' and 'walking the walk'.
This whole thing reminds me of this rather amusing clip:
https://www.youtube.com/watch?v=azRzqI3BJ2AAzor: Still on board, has the files for XBC website and is still around. I speak with him on a bi-daily basis on skype.
I have left a message with Azor to delete the zip file I gave him. After reading this, I really can't have my work associated with this kind of debacle. I'm also not happy about your stupid accusations that I 'jumped ship' or the fact that you have simply ignored every single one of the questions that have been directed at you in this thread. You've not even replied to the request I made previously where I've asked you to post proof of the 'multiple times' that you say that you've contacted me.
In addition to this, pretty much nothing on the old website is relevant any more.
JJMV: Has extended his help and wishes to put back up the XBC site(BEEF thanks God for this). I am currently in talks with him on getting it back up.
JJMV will need to create a brand new website based on the new direction XBC is moving in. As I mentioned above, the XBC I agreed to help out bears absolutely no resemblance to this new direction which is rooted in the realms of a confusing and unattainable pipedream. I just hope that he knows what he's getting in to.
Mindfox: IS STILL A PART OF XBC. He is currently running the main central node of XBC and has specifically told me how he loves the coin to(he still doesn't know why though hahahah) BUT, he is holding the reigns of XBC control and I have spoken many times with him. All is well with him.
Mindfox runs the main central node of XBC, but this is all he is doing. He is doing this because if he doesn't, the entire XBC network will stop functioning. He is playing no further part in the development of XBC and you should make this clear, rather than claiming that 'all is well with him'.
Essentially, as you've stated above, the team now consists of yourself, JJMV and perhaps Azor/Yoda at a stretch. XBC has no wallet developers or publicists any more and this is what it really needs.