Posts made by mnstrcck

+1 to Ghostlander’s idea. I think we should discuss things as openly as possible. Always have.

Still here!

You say this isn’t a debate. Well, you are here to convince everyone that your project is the way to go. If you fail here, everything else is futile and irrelevant. Let’s cut the [profanity] and get straight to your code and business plan. If you have none so far, the whole affair is a waste of time.

I’m glad I’m not going insane with the logic warping going on here. Putin would be proud.

Hey Kevlar, I know it’s nice to feel superior to everyone - but once in a while it’s also good to do a bit of double-checking on what it is you’re actually saying.

https://www.gov.uk/intellectual-property-crime-and-infringement

Cheers Mate!

Well at least we agree on the same thing. When I say consensus, I mean adoption, because it’s pretty interchangeable when it comes to crypto. You’re absolutely right - you can do whatever you want and the market decides.

But I disagree with you about the brand consensus - if Mirrax is correct in the patent comment, you have some big issues.

The other issue is that as a community, we do have power when it comes to the brand - in ways you may not even imagine.

Your final sentence makes zero sense to me. Why discuss an ICO if you’re apparently not doing anything? I am seriously confused.

We’re discussing an idea for the future of Feathercoin.

Just wanted to add - because of what you are discussing - I, and everyone else on this forum, has the right to give their opinion on it. Which basically means - just so we’re clear - that as long as FTC is attached to your ideas in any way, shape or form, I do have say. As for what those ideas are outside of an FTC bubble - my opinions don’t matter - as you said. You are free to fork the coin and start KevlarCoin, have a KevlarCoin ICO, and try to build it from the ground up. And don’t worry - I won’t be part of the decision making process because I have no interest in it.

But as long as the FTC “brand” is attached to it, I can say whatever I want on here. And elsewhere. Because you will still need a consensus on the changes/new blockchain. And that’s an uphill battle you will have to take.

I’d love to hear your solution - and I also want to hear what you think the problems are. That’s all. No need to wrangle my words to try and make it seem like I’ve any weight on this issue in any way, because I think it’s apparent that that isn’t the case.

I’m also curious to know your plan for the ICO. What will the corporation be called? What state/country are you thinking of registering it? Who will sit on its board? Would love a prospectus too. Do you guys have underwriters retained? Legal counsel?

Yup - ICO = IPO.

Kevlar, you’re editing your posts to add new information after I’ve replied. Which makes things confusing. The final link you provided is a good start at basic explanations but still doesn’t really explain what exactly it is you guys are planning. I know it’s really clear in your head, and sometimes it’s hard to get it out - but you’re just going to have to listen to me when I say that I actually, honestly, really still don’t know what exactly it is you guys are thinking. I don’t think it’s a me problem - I think it’s a you problem.

LOL

Dude, are you serious? You link to posts literally saying nothing other than that it’s been said, when it hasn’t. NOT ONLY THAT, your last link is for a post you made where you essentially claim no changes to FTC are being thought of [which is partially true, but semantical in nature] and that you believe the community isn’t important. I want you to scroll up on this page and take a look at the TOPIC TITLE and then tell me again what it is we’re discussing.

I’m really glad you gave me that amazing breakdown of your qualifications for an ICO - but an IPO, and ICO are two VERY different things. Kickstarter/IndieGoGo is not the same as an IPO or an ICO. Why? Well, the reason is because donors do not gain share in any of the crowdfunding projects. This is how Kickstarter and similar sites can continue to function outside of regulatory framework [for now]. ICO’s are different than IPO’s primarily because they are not regulated, and hence often end up falling into a legal grey area. The “shares” are also not clearly defined, but I can see regulators seeing tokens/coins/shares of currency as essentially being the same as traditional shares. This is a new concept that hasn’t been clarified yet - but for heaven’s sake Kevlar, don’t [removed profanity] belittle me with your bullshit.

Finally, you must have missed the point of the plan entirely.

There is no plan. Please stop with the trolling.

Which is it dude? Is there a plan? Is there no plan? What the hell are we even talking about?!

I am calling for real plan and detailed information all the way. Yet I am beiing repeatedly tagged as idiot who dont listen and also as pathologic liar…

Hence my curt attitude. So far, all I’ve really seen is what an ICO can do - four reasons - without an actual plan, and a bunch of fairly forceful language on how the proposed ideas are the right direction to move in without the actual reasoning behind it being clearly and concisely explained. So far my attempts at getting an actual detailed answer to my questions is answered with insulting calls for me to read the same unclear reasoning. There’s no need to insult my intelligence, or reading comprehension. Maybe it’s time to re-think the way in which things are talked about, and maybe see that the explanations given thus far aren’t explanations at all.

I’m not pro or con any specific thing until I get an idea of what exactly it is that’s being proposed and **WHY - HOW - WHEN. **Until we get something that resembles and actual plan of action, especially the ICO, none of the insults being thrown around are worth their weight. And I’m not speaking of you. I am clearly speaking about anyone who insults intelligence on here and calls people liars and bad actors when they themselves have failed to provide the right information.

I’m really sad to see where this community has gone to.

Kevlar, I just read over the thread - still missing key information. I want to see a business plan, or something akin to it. Essentially - you’re really great at inflating your role in this “project”, its greatness, but don’t really show any real empirical or concise reasons for why that is.

Finally, comparing an Intel IPO to a fucking alt-currency ICO is just really desperate muddling of reality. They are not to be even considered to be similar. And you should know that.

This may come across as salty - but it’s my thoughts.

Kevlar, I listened to your webcast yesterday, and I’ll be honest that it didn’t actually really “say” anything. Here’s what I think a lot of people are curious to know:

What are the new changes/ideas proposed, how they will be implemented, and WHY they are being implemented as such? In detail, concisely, clearly with no [removed profanity] historical allegories.

So for example, the ICO - you gave four very abstract reasons for it that, personally, sound very scammy. I want to know the who, what, why, how and where. What will the funds be allocated for? I don’t see a business plan at all - it’s just, throw your money at us for these here new tokens that are going to ‘provide services in competition with Bitcoin’ etc. etc.

I want to know what the motives are.

I mean, it doesn’t add up - why adopt a well known, albeit stagnating brand [FTC], for an essentially new coin, with an ICO? Why not just start from scratch and finally launch KevlarCoin? I see absolutely no good reasons to do so other than to potentially scam people out of money. I’m sorry - but that’s just how it feels and sounds to me. What will the ICO funds be used for? Who will be in charge? Why should we trust it?

Finally, I don’t want to sound negative, but I think it’s time we look at the reality of the situation - and that is, in the large spectrum of the crypto-currency ecosystem, FTC is essentially a dead technology. And I really, honestly don’t understand what the “new” changes/ideas are aiming to provide to the large ecosystem that isn’t already there. How will FTC 2.0 innovate? Do you, Kevlar, have the will to see the changes through? And can those that support the ICO trust you?

I feel like the proposed changes are just experimentation that will most likely end up with more people getting burned. And to be frank, Kevlar, I don’t like the way you go about pushing your ideology. You shout the loudest and the angriest. It smells.

I’m with Ghostlander on the ICO being bad for the FTC “brand”. It’s not the right move, in my opinion.

I only really see three possibilities in this situation:

1. Community consensus is not reached, but the changes are implemented - although not adopted, essentially killing the new fork, causing FTC to split into new and old blockchain, with the old blockchain continuing as is.

2. Lots of discussion and arguments lead to nothing actually happening.

3. Community consensus is reached somewhere in the middle, the changes are rolled out and miraculously don’t kill the coin.

Coders are great, because they can make things become a reality.

But without miners, speculators and holders, they are essentially nothing.

Anyone can write a book. But without publishers, stores to sell them in and readers, they’re pointless.

I am not sure why you guys aren’t releasing this as a new coin? I don’t see any positives with utilizing the FTC brand.

I’m going to pass on Slack Kevlar, but can you guys elaborate on the ICO idea? I’m having a hard time finding it in the Search.

I take my previous statement back - got some questions:

1. Has anyone actually looked at what possibly will happen with a switchover to a new blockchain, and if we go the burn route, how that will affect the current ecosystem?

2. Do we have the manpower to enable a switchover without losing the little traction we have?

3. Anyone figure out what the likelihood is that miners will switch to the new BC, and not simply stick to the old one? [I’m assuming it will be adoption by consensus, and the new BC will be a fork].

I will weigh in on this from a completely non-technical point of view - as I really still don’t understand all of the implications of the proposed changes, although I get the idea that this will be something rather disruptive. My feeling is that there is a high possibility of a major loss of traction due to the disruption of the hard fork. Our community on here is really tiny, and the vast majority of FTC users out there will not be aware of the changes and I feel might simply continue to either mine or continue to function on the old blockchain. Additionally, I can foresee a huge drop in price and users with a disruptive change that is not done properly [from a simple PR/Community point of view].

We need to be careful to ensure that whatever change occurs, it happens in a way which will seem open and beneficial - this means getting some published posts on good sites and trying to reach out to as many people as possible. From a PR point of view [this is what I do for a living] - I think it might be a bad idea to change things again so shortly after the NeoScrypt implementation as it lowers confidence in people. It very well may seem merely a desperate attempt at trying to revive a coin that many may feel is dead. Finally, I really believe most people [from a PR point of view again] will not give a shit about what’s being done and either sell or drop the coin altogether [Cryptsy included].

There’s a lot of coin holders out there who are not on these forums and may feel burned. We need to tread carefully and make sure to reach out to as many people as possible about any changes that may be happening.

EDITED TO ADD:

Another thing to consider, how will this change affect our current lifeline, Cryptsy? Will the required resources to make the change be worth it to them financially, based on volume? Or are they likely to simply drop the coin?

My two, red, Canadian cents. And please forgive me for not looking at this from a technical point of view - just throwing in my perspective.

@Mirrax: Someone needs to relieve you of your sense of entitlement. This diagram should demonstrate to you why.

Let’s play nice Kevlar!

I’d love to weigh in to the discussion, but sadly I’m not up to speed on what the proposed changes really mean. That being said, I think it’d be great to keep the discussion civil and try to refrain from getting personal. High fives all around!

Who has admin privs on the CMS for the website?

Can you create an account for me? I’m just going to go ahead and start editing pages. I have nominal experience with WP, but I can do front end.

PM the details.

All protocol changes should go to the back burner.

We need momentum not band-aids.

+1

I’d like to see Feathercoin integrated into a game’s economy as a currency.

Buy and sell in-game assets for FTC etc.

Everdreamsoft is working on a card game on BTC I believe.

Lizhi’s http://block.ftc-c.com/ works.

Dang - that is pretty. Good job Lizhi!