Please be patient with C-Cex, as they are working on it with a Mastercoin developer today.  I know for certain they are trying to figure out the issue.



Chris

This App is going to be awesome!

NICE

 




Chris

I am glad you made it to the end


Confessor of spelling errors

I also have a sense of humor and am not Commander Data.  I do make spelling mistakes every now and then.  I would gather from the article about 1/1,000 words.  Not bad eh?  I was probably tired.


 

But I really do appreciate the read

Chris

+100000000


Chris

I talked to the C-Cex owner and he was very much happy last time we chatted.  They have a lot of work, and 24 hours to work with in one day.  They have assured us they will fix the problem, as this concerns the Mastercoin team as well.  There aren't any problems with C-Cex.


Chris

I wrote this article in April, and feel it has never been more relevant:

http://thecoinfront.com/how-can-cryptocurrency-move-forward/

"If there is one thing that almost everyone in the crypto world has in common, it is the loss of money through scams or larceny.

Whether it is a pump and dump, an attack on an exchange, or a long con, it has been nearly impossible to remain unscathed in the free market of the crypto economy. With new regulations on the horizon from the US government concerning tax laws, many crypto users are looking at the potential to have their currency taxed not only for the coming years, but also retroactively.

What has NOT been discussed, however, is any protection for cryptos. It seems governments want to take money from the crypto communities through taxation, but they want to leave us to fend for ourselves. Who can the crypto community trust to protect it from the scammers and thieves?

To better understand this dilemma, we should examine why “trust” is fundamentally at the basis of a functional community.

In social scientist Francis Fukuyama’s book, Trust: The Social Virtues and The Creation of Prosperity (1996), he presents the following argument: at the basis of every functional society, trust must exist, and even further the more trust a society has, the easier it is for that society to create prosperity.

To summarize, Fukuyama posits that a society with laws can function not just because of the laws, but because people trust the laws will be enforced, so things like ownership and legal contracts become possible because people invest their own trust in the system.

He makes the case that it’s easier to create a large consolidated firm in a place where there is more trust. He also mentions that in light of new technology, people would be able to connect on smaller scales and create firms that were not based around countries or local economies, but also functioned on the trust between individuals. In essence, it is the trust that allows firms to work as a unit towards the same goal.

While it’s not easy to accurately measure trust, it’s easy to see that trust in the crypto world is fading, and it is mainly due to the scammers and thieves, not because of the systems themselves.

Since the crypto world is largely based around anonymity, our first level of trust is gone. We don’t know the names or faces of people we are dealing with. Such a simple gesture goes a long way in establishing trust, but not many people in the crypto world want to take that first step.

Now that we know that many countries will not only tax crypto, but they will not actively protect them, another level of trust is gone, which would have been the legal system to protect this realm.

But the worst thing affecting trust now, is the thieves and scammers themselves. While these types are not unique to the crypto world, since this technology is so early in its inception, they have the potential to cause mass distrust in the crypto world and cause it to fall apart.

With the current state of the crypto economy, we are all faced with a choice. Do we retreat to what feels safe, and what we feel we can trust in the old legal system and old currency, or do we band together as individuals and force the thieves out on our own since the governments will not and cannot do it?

The crypto world is the Wild West. We have no Wyatt Earp, so we must all be the sherriff."



Chris

Believe me, I want to shout everything from the rooftops as excited as I am, but as I have experienced in software development, releasing deadlines before the proper time can sink the project, so we are not putting anything in writing that can't be executed by when we say.  Oh, things are coming.  I will be apprehensive about being too excited, but I can put my personal assurance that we will produce some game changing results from our tests.


Chris

Haha, we are working on that sir!  That is one of those things that I don't want to spoil.  I truly apologize for the miscommunication earlier!  

In fact, the way you provided your critique was crucial for how we solve that problem. THAT was ultimately the need to test the PoA system for an alpha, then we readjust it and do the beta campaign, and hopefully the adjustments will address all of the issues including the way to track the PoA "Proof" in a non-cumbersome manner.

I think when I was initially responding to you, I had incorrectly assumed you knew more about our project, and then Shannon came in and told me where I had misunderstood.  Apologies!


Chris

My pleasure!

I can assure anyone reading this that we WILL deliver on some major things coming up here soon.  We are going to do some great things, and I truly feel sorry for anyone who panic sold.  




Chris

PS:

I would HIGHLY recommend anyone who has never read anything I have written to read this article:

http://thecoinfront.com/proto-dynamism-death-of-the-middle-man/


It is the last of an 8 part series, but as you will be able to tell, we have some large scale plans, and an understanding of Macro/Micro/History/Tech/Psychology/Marketing

My papers are in the top 1% of academia.edu for views this last month
https://iub.academia.edu/ChrisBates
https://iub.academia.edu/ChrisBates/Analytics/30

Yeah, sending to another omniwallet isn't an issue at all, and some of the PoA payments have already gone out.  It's 100% an issue with C-cex, but they had a backlog to deal with.  I apologize for the delay, but as I have said I cannot do anything about C-cex but check for updates.  I will keep the thread posted!

Thank you for your patience!


Chris

Please be patient with C-Cex as they are working on the issues with the wallets, but that is not their only issue to deal with as they were making some upgrades to their system.  I ask that people be patient, as this project is centered around crossing the mass adoption threshold, and not about arbitrage games on the exchanges.  We will get the problems fixed, but please be patient.  As far as why we went with the Omniwallet, it works on Mac/PC/Linux/web, and the Masterchest has been in development for months because that team is trying to make sure it is solid for release.  You will see that we will not be doing a lot of the same things that other altcoins have done.  Since our company has larger goals than most of the altcoins that are not even companies, you will not see anything rushed.

We have some MAJOR things we are working on, but will not make any official announcements until details are finalized...EVER!

We will have office hours this Friday at 12 PM eastern, so anyone who wants to chat directly will be able to do that.


Chris

Just received today.

First things

Release Desktop Wallet
Get the first PoA system integrated into the website
Get a hardware prototype done

We just met today to figure out solid plans for the next 3 months, so we will be making a more formal roadmap within a couple days.


Chris

I talked to them, and they are working on getting all the Proz transactions straightened out.  Just give it a little time as their wallet manager was not around but they had someone working on other parts of the site.

Chris

C-cex is working on the wallet issue.

Chris

There is a wallet:

omniwallet.org

We started with online wallet because it is supported on all operating systems, rather than choosing one OS to start with.  Desktop QT is in development for Mastercoin, not JUST for Prozcoin and will have multi-coin functionality.



Chris

I will go ahead and begin office hours early if anyone has any questions.


Larry.Christopher.Bates on Skype.


Chris

Shannon is working on it!  It is impossible to give an exact finish day, but it is a project that affects the Mastercoin team as well, so you can check up on the wallet progress here daily to see if there is an announcement:

http://blog.mastercoin.org/category/development/

Chris

Of course we care, and are trying to get a hold of C-cex.  The fact is, when you are dealing with third parties, you have no control over them.  We cannot do anything but ask c-cex to work on OUR problem, as they try to attend to the problems of everyone using their site.  On the one hand we wanted to have them hold the coins and handle transactions to appease the community's desire that we aren't holding all the coins, but now when there is a problem with C-Cex, we can only wait until we get their attention.  They have limited funds/resources, and this is the crux of the problem with cryptos, as everyone is asking that people do work for nearly free, meanwhile they don't have the resources to attend to everything.  I apologize for the delay, but we are doing everything within or power to get them to work on the issue.


NSFW link 18+:  

http://vosamour.com/


While the pornography aspect will NOT be the central part of the Coin Proz campaign, to ignore the pornography market as a potential for increasing usage/outreach of cryptocurrency is a HUGE mistake we believe.  On the one hand, people may have value judgements against "pornography", but as an adult I have no problem asserting that I am a supporter of classy pornography.  I also understand that some parts of the global population aren't okay with it, so putting it alongside the rest of the Coin Proz partners may deter some, so making it part of the main platform is not necessarily the best way to reach "everyone".  It is still a work in progress, so that is why no formal announcements about it have been made.




Chris

http://thecoinfront.com/want-to-get-paid-to-learn-about-bitcoin-theres-an-alt-for-that/

http://thecoinfront.com/proto-dynamism-death-of-the-middle-man/

We are going to run a PoA campaign for Left Turn Only TV soon, so if you want to go start checking out their production reels and webseries, you will see how we are going to start making a push into media beyond cryptocurrency in addition to other things.  We will have more official announcements ready when those are to come.  Some very good things happening

https://twitter.com/LeftTurnOnlyTV

http://leftturnonlytv.tv/


Also stay updated with the Mastercoin team here:

http://blog.mastercoin.org/category/development/


Chris