Issues with PXC?
-
What’s difficult to believe?
Can we have an update on the progress of UNOCS Wesphily? Updated timescales? Been over a week since the last update…
It’s gone from 24 hours delay, 3 day delay, delay, delay… silence.
Alpha pen testing? it was being launched!
Sounds like the same thing to me.
-
[quote name=“Justabitoftime” post=“24261” timestamp=“1375478680”]
In the end, do I believe they are good choice for investors? Yes.
[/quote][quote author=ghostlander link=topic=2661.msg24822#msg24822 date=1375915913]
Phenixcoin news cont’d.https://bitcointalk.org/index.php?topic=267301.msg2885887#msg2885887
Although I don’t mind to have business with those working in adult industry, I wouldn’t trust Mike to code even a simple GUI front end.
[/quote]Justabit: There is NOTHING about this guy’s background, or his current work which makes him attractive to investors. You want someone who’s viable, look at Sunny King (PPC, Primecoin). Do a close comparison of their work ethics, their coding ability, their completed projects, their resources, their reputation in the community, the price of their coins… There’s just no comparison to be made here.
Please, turn off the hype machine, you’re just making it worse by bringing attention to these problems and pretending there’s nothing wrong with iamatrix lying to us all. He’s scammed the entire community, lied through his teeth, his web design is terribad, he’s killing his coin, he’s not even a member of -this- community as best I can tell, and he’s [b]earned[/b] himself a very strong disliking in the community with his actions.
-
[quote name=“Kevlar” post=“24835” timestamp=“1375922799”]
[quote author=Justabitoftime link=topic=2661.msg24261#msg24261 date=1375478680]
In the end, do I believe they are good choice for investors? Yes.
[/quote][quote author=ghostlander link=topic=2661.msg24822#msg24822 date=1375915913]
Phenixcoin news cont’d.https://bitcointalk.org/index.php?topic=267301.msg2885887#msg2885887
Although I don’t mind to have business with those working in adult industry, I wouldn’t trust Mike to code even a simple GUI front end.
[/quote]Justabit: There is NOTHING about this guy’s background, or his current work which makes him attractive to investors. You want someone who’s viable, look at Sunny King (PPC, Primecoin). Do a close comparison of their work ethics, their coding ability, their completed projects, their resources, their reputation in the community, the price of their coins… There’s just no comparison to be made here.
Please, turn off the hype machine, you’re just making it worse by bringing attention to these problems and pretending there’s nothing wrong with iamatrix lying to us all. He’s scammed the entire community, lied through his teeth, his web design is terribad, he’s killing his coin, he’s not even a member of -this- community as best I can tell, and he’s [b]earned[/b] himself a very strong disliking in the community with his actions.
[/quote]You do realize my comment was like 4 days ago… hype machine? lol Oh boy… Kevlar, you are one of the more interesting characters around here. I’m still smiling over the comment about women rewarding you… I’m not quite so lucky. :)
Great, your opinion is noted… over and over and over and over again. You’re not my boss, I heard what you had to say… I’m moving on from here. It’s my butt making the phone calls, spending the money and trying to leverage Feathercoin.
In one of your previous posts you told me how I should have ran things. Great, I’m still looking forward to your fork… show me how easy all of this is to balance. In the meantime, I’ll continue to do what I do.
For the people that continually email me about your intentions, I have no idea. It’s Kevlar… he has a right to speak his mind, that’s for you to decide. I’m just some guy that helped out… nothing more. His opinions are noted, not my concern anymore… I’m here to help the 3 coins. He can flame the next person that tries to help out, it won’t be me.
I
-
This makes me incredibly concerned about the future of UNOCS and FTC. I don’t see a better coin at this point, and FTC definitely has a lot going for it, but the ignorance here concerns me. It appears that everyone involved in UNOCS got taken for a ride. Unless the team overcomes this issue quickly and efficiently, FTC is ripe for being replaced by another coin.
Confidence is EVERYTHING when it comes to currencies. The FTC and WDC teams will likely get the benefit of the doubt because this guy seems like a decently skilled scammer, but that won’t last for long if peoples’ concerns are not addressed in short order.
-
Good points about transparency which should be quickly cleared because of the actually doubts and rumors
Case must be investigated and devs should react quickly to the outcomes …
UNOCS still is in the testing stage … we will be the laughter in the street if this will not change soon
-
[quote name=“MrFeathers” post=“24845” timestamp=“1375930826”]
What I am curious about is:1. Who is the developer of the UNOCS bridge and other future services?
2. If it is indeed “Mike” are there other developers working with him or is he working solo?
3. Is anyone auditing or checking on his progress / how do we know he is actually building functional code?
I think these are some important points.
[/quote]A little googling cleared up 1 and 2.
1. His name is quoted in the media as Mike Burns, aka Mike69, aka iamatrix.
2. It was initially claimed that it was a ‘team of developers’ who were working on Bridge, but it was later revealed it’s a one-man show.
3. To the best of my understanding there are exactly 0 merchants who have integrated with Bridge successfully, making it vaporware and not fit for public consumption, let alone a press release, official announcement, or countdown to launch. Any claims of “alpha testing” (Alpha stage means it’s not yet complete) have not been verified by any community members. I would LOVE for some independant source to counter this claim, so if you’ve used Bridge, to accept payments on your website, PLEASE speak up!On July 30th, Android and iOS versions of the application were announced to the public. On that same day, Justabit also told the public that “…the three member currencies of UNOCS [will] implement Bridge support into their respective clients… With a click, it’ll do the exchange for you. That’s not in this initial release, but that’s where it’s heading.” Today is August 7th.
On that same day, it was revealed that “User accounts are split into two stores of money — one for saving and one for transactions. The transaction account has three types of (virtual) payment cards attached to them: the primary card which is limited by what is in the spending account, a secondary card which which have a daily spend limit, and one time use cards for extra protection.", and Mike claimed that, “…the system has been designed to present as familiar as possible experience to non-technical users.”
Oh, and fiat conversion was also promised “in the future”, and that “we’re doing the necessary licensing/bonding etc.”.
But let’s not forget the single most damning piece of evidence:
[move][b]You can’t even use PXC to play poker on PhenixPoker.com, which was the reason the coin was created.[/b][/move]
I’ve been there, the tables are all empty. Every single table, 0/10. As far as I can tell, THAT site isn’t even functional, but if someone would like to report their winnings, I’d love to be proven wrong about that too.
-
[b]Community is crying for the truth so please DEVs/AMBASSADOR - provide us a officially statement to clear out concerns and update progress to UNOCS page development[/b]
-
PhenixPoker has worked on occasion, though it’s super buggy. I won several free rolls there in the past.
It’s early morning in the UK right now, so don’t expect a quick reply from anyone. This isn’t a life or death situation, at least at this point.
-
Why don’t you implement “Zerocoin”, it seem the answer to everything here?
-
[quote name=“wrapper0feather” post=“24861” timestamp=“1375941297”]
Why don’t you implement “Zerocoin”, it seem the answer to everything here?
[/quote]Who do you mean?
The solution would be transparency enlightment referring the UNOCS project
[quote]
Quote from: MrFeathers on Today at 04:00:26 am
What I am curious about is:1. Who is the developer of the UNOCS bridge and other future services?
2. If it is indeed “Mike” are there other developers working with him or is he working solo?
3. Is anyone auditing or checking on his progress / how do we know he is actually building functional code?
I think these are some important points.[/quote]
-
[quote name=“Markus11” post=“24857” timestamp=“1375935438”]
[b]Community is crying for the truth so please DEVs/AMBASSADOR - provide us a officially statement to clear out concerns and update progress to UNOCS page development[/b]
[/quote]Agreed - Wesphily?
-
or Justabitoftime …
-
wesphily is in charge and should be the one that is on top of things.
lets leave justabitoftime to do what he do best. beeing productive :D -
Justabit attended talking about this topic, so his opinion/clarification/statement is verry welcome, especially as i know him as a verry diplomatic and prudent person (nothing against "you"whespily!)
-
The revelation about Mike is very concerning. I diversified and got a few PXCs and WDCs after the partnership was announced as I had full faith in our community, and this was recommended. Now it seems that PXC is quite dubious (my alarm bells were set off when they announced the hard fork) and I am wondering whether I should sell off my (admittedly very small) stash at almost half the price.
I am hoping we have not put all our eggs in the UNOCS basket. FTC by itself has now has established itself quite a bit (mainly due to the efforts of you guys) and I am sure even if we need to break off the partnership we will do well.
I just feel a bit sorry for the WDC guys. They seem to be a decent bunch, and I have been to their chatbox several times. It seems they do not have much clue about UNOCS either.
-
This should be intensively discussed by the devs and leadership of feathercoin - and as a further step with our partner(s).
Better adress this directly (PM) to the leadership (bush,justabitoftime,whespily,…)
btw, would be a verry bad press if the bridge would crush before its finished …
-
[quote name=“Magic8Ball” post=“24890” timestamp=“1375961404”]
The revelation about Mike is very concerning. I diversified and got a few PXCs and WDCs after the partnership was announced as I had full faith in our community, and this was recommended. Now it seems that PXC is quite dubious (my alarm bells were set off when they announced the hard fork) and I am wondering whether I should sell off my (admittedly very small) stash at almost half the price.
[/quote]Not good to sell now below 0.0002 BTC. The market is waiting.
-
We need facts to decide this
-
I’m also concerned about the current state of PXC, and I’m glad I only have very little exposure to it, only holding 900 or so.
However, on the matter of Feathercoin and UNOCS, I will say the following:
I do not have a clue about what is happening with UNOCS, but frankly at this stage, I don’t really care. Feather coin is not UNOCS, and we are still independent of both PXC and WDC. The partnership revolves around UNOCS as far as I can tell, but I don’t think we are so closely aligned that failure of any part of the partnership will damage Feathercoin fatally. Feather coin is still it’s own entity, and as long as we work on what we can influence, I think we can ride out any damage we may sustain from any association with any failed coin or idea.
I have gone on record saying I’d like to have had more information on the partnership and UNOCS, and as this has not been forthcoming from the UNOCS developer(s), I’m afraid I have very little faith in it. Do I think it will damage Feathercoin? Possibly. However, I don’t think it will cause any more long term damage that the attacks we have faced, or the difficulty traps we’ve endured, or any of the other issues people seem to have been saying would kill Feathercoin.
[b]Feathercoin is not UNOCS, and will carry on regardless of what UNOCS, PXC or WDC do.[/b] If we can benefit from an alliance, well and good. However, I’ll keep involved with Feathercoin and not any of the other elements until I can see a clear benefit to me or the community in doing otherwise. I’ll not shout that the sky is falling if UNOCS, PXC or WDC fail, because any effect on us will only be temporary.
I say we should focus on FTC, forget what’s gone wrong before and work at what we can control, the direction and strength of FTC.
Just my tuppence worth…
-
I’ll be honest, I’m not digging through this thread. I just want to point out a few things:
1. While *some* people are really worked up… our price is almost double what it was shortly before the NYC Bitcoin Conference.
2. I was just on the PhenixExchange Beta last night (which is tied to the Bridge) testing it… I thought it looked great. Believe me or not… we’ll see when it’s released.
3. I believe most everyone here wants to see FTC succeed, some have other motivations.
4. I won’t make the mistake again of giving dates, I was burned before… lessons learned.
[b]5. While people are still up-in-arms around here, this team secured an interview Bushstar did with Bitcoin Magazine. Everyone is entitled to an opinion, I just wish more time was spent on actually producing. This is my opinion, take it for what it’s worth.[/b]
6. You’re entitled to your opinion, but so am I.
7. This is a brand new partnership that will take some time to shake out. In the meantime, please see item #1 and enjoy the profits while we get things moving in the right direction.
8. While PhenixMike works out wrapping up the Bridge/Exchange, Bush has proposed changes to the Phenixcoin itself… that’s part of the power of this partnership.
9. This thread will continue, people have been more passionate about this than some of the initiatives I’ve tried to launch in the past. That’s one reason I don’t plan on putting the same hours moving forward. I’m still here to help… but wow.
10. I’m getting back to work… next stop for Feather, .002 stable.
11. Would be happy to talk on the phone, heck my name/number is public… there’s some critics, great, come out of the shadows and let’s hash it out. Drop me a PM.
12. There’s no doubt we’ll be over $1 with Feathercoin… hopefully you do to.
