A Possible Future with DPoS, etc.
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Questions anyone?
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Questions anyone?
I have a question.
Can you show me complete plan of what why and how you plan to do?
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+1 kelsey
What [removed profanity] you +1’ing him for? Telling lies?
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I have a question.
Can you show me complete plan of what why and how you plan to do?
No, Mirrax, we’re here answering questions about DPoS, ICO’s, PoB and how, if done correctly, this combination could save Feathercoin.
Please, try and keep the conversation on topic. You’ve done enough trolling to last us a lifetime.
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I think he was talking about my plan for ftc if people want it
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I’ll rewrite it more clearly in the OP here.
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also, language people…
Cant you start another thread? I could do it, Kevlar vs The World where anyone can free form argue with no holds bar in language.
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I’ll rewrite it more clearly in the OP here.
That would be great Calem. Thank you.
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This chain will be born into existence via a BTC PoB ICO with sharedropping to the ftc and bts communities.
If you’re doing a BTC PoB, then the shares go to the BTC holders, not the FTC holders.
Are you suggesting that simply by being a member of this forum, a portion of the voting rights should be given to you free of charge? That is a sure-fire way to destroy any investor value, and it incentivizes the wrong people for the wrong reasons.
As a developer who is potentially working on this, there’s no way you’re going to convince me that someone who has done nothing but cause problems should be automatically rewarded for my efforts and contributions, let alone in equal amounts compared to those who are actually contributing by writing code. Then this just turns the ICO into a popularity contest and we can all get real shitty at each other about who should get more shares.
No to sharedropping on arbitrary token holders. It destroys economic investment incentive, developer incentive, and falls completely out of line with the entire ethos of DPoS and Open Source development and the goals of the ICO itself.
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I’m revising my idea to my original one
in the process of editing the OP
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updated.
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updated.
I just read it.
Seriously?
After half year of work you came up with this? -
I see that we’ve revised it from a BTC PoB to a FTC PoB. Which is fine if you don’t care about your economic valuation and you are good with a worthless token on day 1. Then FTC can have it’s own little playground of a blockchain where they can continue to vote for who should get more tokens. Good luck filling up your round.
Or, you could stick with the initial reasoning behind an ICO, which is to create economic value. In your list of reasons you said that this was a solution for funding, but you’re using PoB, so no one gets the funds.
I would suggest you need to pick two of the three, because you can’t get all three:
You can have a PoB and economic value, but not FTC sharedropping.
You can have ICO and funding, but not FTC sharedropping.
Or, you can have FTC share dropping and PoB, but not economic valuation and investor potential.
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I just read it.
Seriously?
After half year of work you came up with this?Can we just ban him from this topic please?
As usual everyone wants to discuss solutions, and Mirrax wants to troll…
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There’s more to it then that. That what you see is laymens.
Plus its not everything because ftc wants to continue its stupid inflation model right?
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In regards to funding under a ftc pob, I was implying that that its basicly just valued members of the community and the ftc team who would end up been delegates mostly and that is where they would get their funding. Although its not great for the economy if the delegates are forcing to dump.
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i am lost in between the fight you are having and trying to understand
what are the changes you want to make to FTC
try to stop the figthing and construct find a consensus if you beleive in FTC
and after explain it to the rest of us if you consider the
community as an important part of the process
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i am lost in between the fight you are having and trying to understand
what are the changes you want to make to FTC
try to stop the figthing and construct find a consensus if you beleive in FTC
and after explain it to the rest of us if you consider the
community as an important part of the process
Yes, that’s why we keep asking Mirrax to stop so we can stay on topic.
Let’s be VERY CLEAR about this. We don’t want to make any changes to FTC.
Ok? Everyone got that? Can we never say that again please? Thanks.
Secondly: We’re not interested in a consensus. There has never been a consensus in this community, and there doesn’t ever need to be one.
Third: The community is not NEARLY as important in this process as the market is. The community plays the role of cheerleaders and evangalists, early adopters and supporters. They do NOT play the role of decision makers. What we’re discussing is the idea of how to be successful at targeting a market with a service offering. The community is simply the sounding board and location for that discussion. If they don’t want to have it with us, that’s totally cool, but we’d ask them not to disrupt the conversation with constant insults and derailments. It just makes the community look bad.
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The problem here is ultimately we have 2 options. Start again under a new model, or try make a transition to a new model.
Problem with starting again means throwing out the coins. Literally bag holders with a dead token. Although theres no reason in this scenario you couldn’t make a partycoin from FT2 using FTC… i didnt think about that…
anyway, problem with the other option, it completely limits Feathercoins ability to gain maximum valuation. Even if it does move to the exact same piece of amazing tech.
This DPoS coin could take on the utility of counterparty and ethereum at the same time.