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Alright guys, the past is the past. Let's move forward into the bright future VeriCoin has!
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@nosker and @pike:
You guys made conflicting statements yesterday about the escrowed vericoin "donated" by the community.
No need, nosker, to add confusion: no need for even mentioning % since James will not be taking anything from the amount donated REGARDLESS if the initial thesholds are reached or not.
The clarifications needed are:
1 - will the coins be returned to the "donors" since there's no longer a requirement for the reserve to exist ir not.
2 - assuming they will not be returned, the only questions are: pike's "management" of those funds include staking them? Trading?or none of the above?
I believe "donors" and potential "donors" will be interested in the clarifications and, above all, that you both, along with the community, are on the same page. As of the last posts on the matter, you are not.
The reserve is going to still serve the initial purpose that James requested, however, we will be managing it according to the community demands instead of James. The escrow will still ensure that 10k satoshi will be sent for each VRC as per the initial terms once the VRC price breaks 50k satoshi. The rest of the stash is to be used for projects that the community will vote on, as per the initial fundraising criteria. We are still aiming for 10% of VRC to be in this fund and hope donations continue to come in. The coins will not be staked, for now, as donations in are difficult to track once coins are re-aged. They will not be used for anything until the community decides on a fate for them. Yes we are in full agreement about this. That being the case the being on the same page is achieved and everyone is quite clear now. But if you allow me I believe it is a hasty and not very well thought out decision. For instance, you can, right now, sell those 500k+ vrc return 10k sat to each donor and retain the profit (40%) for future projects with no obligations or strings attached. There are many other options that will be much more beneficial to the community that just doing nothing with it. Staking in such amounts is significant and not benefitting at all from it is quite an unnecessary waste... among those many options i would suggest to create a stabilization fund (a la naut) thst would be instrumental in achieving what should be a target gosl for vrc: reduce volatility to dupport "mass" adoption. There are othrrs... like i said, many and all much more beneficial than just putting those funds undrr the mattress. Give it an additional thought or two if you can. Sure will, good points. The community will vote on how best to handle the extra funds. |
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With the help of James, the other superNET developers, and the MGW team, we are implementing superNET into VeriCoin. As you can see, we're on cluster #2 (currently in testing): https://nxtforum.org/umgwc/umgw-clusters-distribution-and-supported-coins/We are finishing up our new flat QT wallet as well as working on an optional, paired, HTML 5 wallet that is based upon NXT code for a very gorgeous, highly interactive, and feature-filled implementation of Blockchain 2.0 features on top of VRC (including decentralized exchange, aliasing, messaging, etc.) which will really take VeriCoin to the next level. James, of course, is working on his project for VRC and we are very excited about it and will share details when the time is right. VeriCoin is geared to grow and there's not much that can hold us back now. The community is showing strength, the coin is perhaps stronger than ever with high staking, and the future projects are really poised to take VeriCoin both to the masses and keep VeriCoin competitive with the most advanced coin for the future by leveraging the superNET community. The HTML 5 wallet will make VeriCoin as easy to use as a website. Simple, sleek, and fast. The three things most important things for adoption. Yes this is very exciting news! New flat UI wallet is coming soon, the next wallet update after that will allow for entry into the SuperNET via a button which will bring you to the VeriCoin SuperNET portal that Pat mentioned, which development is under way for. |
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@nosker and @pike:
You guys made conflicting statements yesterday about the escrowed vericoin "donated" by the community.
No need, nosker, to add confusion: no need for even mentioning % since James will not be taking anything from the amount donated REGARDLESS if the initial thesholds are reached or not.
The clarifications needed are:
1 - will the coins be returned to the "donors" since there's no longer a requirement for the reserve to exist ir not.
2 - assuming they will not be returned, the only questions are: pike's "management" of those funds include staking them? Trading?or none of the above?
I believe "donors" and potential "donors" will be interested in the clarifications and, above all, that you both, along with the community, are on the same page. As of the last posts on the matter, you are not.
The reserve is going to still serve the initial purpose that James requested, however, we will be managing it according to the community demands instead of James. The escrow will still ensure that 10k satoshi will be sent for each VRC as per the initial terms once the VRC price breaks 50k satoshi. The rest of the stash is to be used for projects that the community will vote on, as per the initial fundraising criteria. We are still aiming for 10% of VRC to be in this fund and hope donations continue to come in. The coins will not be staked, for now, as donations in are difficult to track once coins are re-aged. They will not be used for anything until the community decides on a fate for them. Yes we are in full agreement about this. |
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anyone ever read a simple instruction on how to run a vericoin wallet on a raspberry pi?
my blackcoin raspi wallet is running flawlessly and i'm sure that the vericoin community can come up with an instruction too
thanks in advance!
Yeah, that would be great. Also looking for a Raspberry Pi Wallet. I tried to compile it for ARM some time ago, but wasnt successful  A raspberry Pi wallet would be perfect for staking .... There's certain flags you have to set when you compile it. Can't remember off the top of my head but it had to do with sse extentions I think? I'll check, hang on... edit: okay so I don't have the source on me but if you remove the "-msse2" from CXXFLAGS in buildfile.unix you should be good. ehm. maybe you can give more and detailed information? noob here  Try the following: sudo apt-get install qt4-dev-tools libboost-dev libboost-thread-dev libboost-program-options-dev libboost-filesystem-dev libboost-system-dev libdb++-dev libminiupnpc-dev libssl-dev git clone https://github.com/vericoin/rpicd vericoin qmake make thank you, will do and report!!! PROBLEM Cloning into 'rpi'... Username for https://github.com: What am I supposed to do? i think the vericoin/rpi link is dead? should be git clone https://github.com/vericoin/master |
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Yeah this clip is pretty interesting, astute and compatible with the VRC vision. |
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Thanks for the update, Doug. I'd like to discuss this a little more though. Since the expectations of our contributors were either to get their VRC back at 10k satoshis, if successful, or a full refund if not, I think we should make sure we're sensitive in light of this change in plans. I encouraged a lot of people to give and told them that this was the deal, so I feel like this is sideways from expectations. Can we come up with a response to anybody who contributed and was still expecting to get their VRC back at 10k sats? Maybe if the price hits 50k and then 100k, we can give back 10-20% to the original contributors from this fund. For example, if someone donated 10,000 VRC and the price hits 50,000 sats, we can give that person back 2,000VRC. Thanks, BagHolder The community voted with their coins, nothing can be undone now.
I think what Bag holder is saying is the deal was brokered around the premise that some of the VRC given to the funding effort would be returned to them in either Case. The deal was: 1. If the deal didn't go through they'd get all of it back. 2. If the deal went through they'd receive an amount of VRC equivelent to what could be purchased with [the amount of VRC they gave] X 10K Satoshi. 3. The deal went through. 4. James gave the Escrow Fund and anything else sent to it back to the community. 5. What happens about the stipulation in #2? a. Peole gave thinking they couldn't lose anything. b. The new wrinkle James introduced doesn't include ANY return to the contributors c. Or, maybe it does? But it isn't clear and Bag Holder wants to know the facts of how this conundrum will be addressed. Yes I totally understand this. There is no reason that this reimbursement can't happen in some way as the community would be voting on it. I think we should gather more information and let things unfold more before deciding what to do. Though it's ultimately up to the community. If the previous scenario had occured, the 10k sale would not have happened till a 5x increase in price. So based on previous time expectations I think we have some time to decide. |
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Regarding escrow funds and going forward: They are safe in a cold wallet and the coins no longer need to be sold at 10k prices. James donated them back to the community, and per his request, that we whole heartily agree with, no action will be taken with the coins without a community vote to decide. Track the escrow here: https://chainz.cryptoid.info/vrc/address.dws?VECuyuNjLDh437hJfABSxV1817D982S4H6.htmJames offered an impressive gesture of commitment to our community with this action and I thank him for that. He still has incentive, he has his own personal stash of VeriCoin he purchased on the market. We the community will discuss with James about how the funds can be used for this project. There are some escrow requirements for SuperNET inclusion and so on, some things are yet to be determined as this is a new platform being built. The discussion will continue on how to build VeriCoin into the SuperNet, while also continuing to build the independent VeriCoin wallet and network as before. There are only more things to be gained now. Congratulations to the VeriCoin community for coming together to meet a BIG goal in a SHORT time, it shows the true commitment and power of our community working together! By sacrificing a bit for the best of our community, technology and investments, we can achieve and will achieve great things going forward! Thank you all for your efforts, time and resources! We all will continue this discussion and work with James regarding adding advanced technologies to VeriCoin through a new additional infrastructure, and we are on track with our previous roadmap too, as things are coming in the near future. Doug Thanks for the update, Doug. I'd like to discuss this a little more though. Since the expectations of our contributors were either to get their VRC back at 10k satoshis, if successful, or a full refund if not, I think we should make sure we're sensitive in light of this change in plans. I encouraged a lot of people to give and told them that this was the deal, so I feel like this is sideways from expectations. Can we come up with a response to anybody who contributed and was still expecting to get their VRC back at 10k sats? Maybe if the price hits 50k and then 100k, we can give back 10-20% to the original contributors from this fund. For example, if someone donated 10,000 VRC and the price hits 50,000 sats, we can give that person back 2,000VRC. Thanks, BagHolder I understand your concern BagHolder, the goal was achieved and the deal did change, though for the benefit of the community and the donors. We will figure out how best to move forward. |
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The community voted with their coins, nothing can be undone now.
It's almost like there was no fight to keep VeriCoin and its future under its own control. The best course of action decided by those community members was to give up control, brand equity, ect to a promise. How many times have you been impressed by a promised VeriCoin release? 0 for how many now? Scary times in the kingdom indeed. buy4crypto: VeriCoin has not changed at all, there soon will be a set of decentralized market features accessible via an optional button in the wallet. The VeriCoin protocol, wallet, 3 devs, strategy, mission. It has not changed. |
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Regarding escrow funds and going forward: They are safe in a cold wallet and the coins no longer need to be sold at 10k prices. James donated them back to the community, and per his request, that we whole heartily agree with, no action will be taken with the coins without a community vote to decide. Track the escrow here: https://chainz.cryptoid.info/vrc/address.dws?VECuyuNjLDh437hJfABSxV1817D982S4H6.htmJames offered an impressive gesture of commitment to our community with this action and I thank him for that. He still has incentive, he has his own personal stash of VeriCoin he purchased on the market. We the community will discuss with James about how the funds can be used for this project. There are some escrow requirements for SuperNET inclusion and so on, some things are yet to be determined as this is a new platform being built. The discussion will continue on how to build VeriCoin into the SuperNet, while also continuing to build the independent VeriCoin wallet and network as before. There are only more things to be gained now. Congratulations to the VeriCoin community for coming together to meet a BIG goal in a SHORT time, it shows the true commitment and power of our community working together! By sacrificing a bit for the best of our community, technology and investments, we can achieve and will achieve great things going forward! Thank you all for your efforts, time and resources! We all will continue this discussion and work with James regarding adding advanced technologies to VeriCoin through a new additional infrastructure, and we are on track with our previous roadmap too, as things are coming in the near future. Doug |
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I wonder how long before dev 1, 2, and 3 fade away and the anon BCT user takes full control. This coin is now nothing more than a typical p&d pile of shit. Good job Pat and Doug. Way to sell out.
Not a sell out, not even a buy in. You will learn this over time or with some research. |
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PM 1 to Doug August 26, 2014, 10:43:24 AM » Its a lot, and I may miss a lot of points, as we work through things they will come up. I think the coin could use to get some of the stuff off of our plate. For our team to set a "standards" code. This doesn't have to be law, but a general way of doing business. As a standard, people representing the coin have to be able to detach personal emotions, profit motives and all other things that may influence them, and look at what the business of vericoin needs to succeed, and that is it. We cannot think of it as, What can Buy4crypto get out of it when I post everytime. And our developers have to think every time about the coin as well. We need to focus on cutting the projects out that don't make sense to the future of vericoin, and making the things we do, done well. I think this is a great place to start making changes. Once people see that the core developers, and core community is honest and are working hard, and creating value, then they investors will come back. VeriCoin needs to perhaps think of changing out the roadmap with various VeriCoin media of the few things we decide to do, and do well. For the Bio sections. Instead of saying who they are, or why they got into crypto. Our profiles should show us in a visionary light in some ways. As a team really pushing virtual currencies forward. Right now everyone in crypto is chasing a technological advancement. When the reality is this open sources code will be copied and applied by every coin. This is why, IMO a coin has failed to reach levels of significance closer to bitcoin. Every coin has the wrong pretense to achieve mass adoption. We are close by understanding we need to take chances to get to that point. If we focus on putting a culture in place, and growing a team ready to help people learn about crypto, this is where we will gain value, we can use our good guy image and really be a brand that stands for integrity, and quality. If we focus our goals, and time in the right areas, within months we could be brandable as the clean crypto, where your investment is safe, with honest people looking to take on another first in crypto, and get regulated. We can copy / paste the parts we need, and drop the ones we don't. If we need to code things, lets code them, and code them well. But for the most part. I think we can gain the most value by working to shift the image. This won't happen overnight. But if everyone is willing, and can see the vision, the team could really make great strides towards the future doing these steps. PM 2 to Doug August 26, 2014, 10:54:42 AM » I just had a PM from socal asking for a few points, so I will copy / paste what I sent him. "Its a lot, and I may miss a lot of points, as we work through things they will come up. I think the coin could use to get some of the stuff off of our plate. For our team to set a "standards" code. This doesn't have to be law, but a general way of doing business. As a standard, people representing the coin have to be able to detach personal emotions, profit motives and all other things that may influence them, and look at what the business of vericoin needs to succeed, and that is it. We cannot think of it as, What can Buy4crypto get out of it when I post every time. And our developers have to think every time about the coin as well. We need to focus on cutting the projects out that don't make sense to the future of vericoin, and making the things we do, done well. I think this is a great place to start making changes. Once people see that the core developers, and core community is honest and are working hard, and creating value, then they investors will come back. VeriCoin needs to perhaps think of changing out the roadmap with various VeriCoin media of the few things we decide to do, and do well. For the Bio sections. Instead of saying who they are, or why they got into crypto. Our profiles should show us in a visionary light in some ways. As a team really pushing virtual currencies forward. Right now everyone in crypto is chasing a technological advancement. When the reality is this open sources code will be copied and applied by every coin. This is why, IMO a coin has failed to reach levels of significance closer to bitcoin. Every coin has the wrong pretense to achieve mass adoption. We are close by understanding we need to take chances to get to that point. If we focus on putting a culture in place, and growing a team ready to help people learn about crypto, this is where we will gain value, we can use our good guy image and really be a brand that stands for integrity, and quality. If we focus our goals, and time in the right areas, within months we could be brandable as the clean crypto, where your investment is safe, with honest people looking to take on another first in crypto, and get regulated. We can copy / paste the parts we need, and drop the ones we don't. If we need to code things, lets code them, and code them well. But for the most part. I think we can gain the most value by working to shift the image. This won't happen overnight. But if everyone is willing, and can see the vision, the team could really make great strides towards the future doing these steps." And just a quick message to you personally. I think a new way to approach future development would be supporting other projects that we are interested in. Instead of competing off the bat. Let the Virtual Currency world work together a bit more. To show that we aren't all renegades and interested in ME, ME, ME. We have the chance to take a psychological step forward. Something not even bitcoin has achieved. Not 1 virtual currency has as many inherent advantages as this one, and we have strayed from what was making us strong in the past few months. This is something I hope you consider, and if you like the idea, I hope you share it with the community. We really need to stop thinking inside the box, and start thinking differently to impact a more positive outcome in the future. How are we getting from point a, to point b, with the greatest positive impact on every person, investor, mother, child along the way. If we team up with other currencies to offer support, be it our "Dev" department. Maybe we have a social media team, we can draw on our artists talent for other support roles to help the coins working on innovative projects get them out, and with more coordination, and in so many other ways. All of which these people can be public figures. At that point, we would be thanked, and given credibility. If we build out a team, and connect them with personal, professional looking bios I think you could have something special. I think you may find, many developers, and communities would find this a refreshing approach and work closely with VeriCoin, instead of viewing us as competition. PM 3 to Doug August 26, 2014, 11:03:24 AM » And if you do all that. Clearly state at the beginning, we are going to be working toward regulation. We need public figures ready to advance virtual currencies. Play the generic roll with this approach a bit more. Lets take the approach of the crypto good guys, that are investors in vericoin, but champions of the blockchain. Look at great companies like Bitpay. They just paid 500k a year for 3 years to market a bowlgame. They chose to represent Bitcoin over their own company name. This type of thinking shows how visionary these people are. We need more people to think like this. That VeriCoin is going to be around built on a foundation of honesty, integrity, and hard working people looking to make everyone's life better, regardless if they chose to invest in vericoin or coin X. I have a feeling when you are the first, and only coin with that goal, that you will attract a lot of the "right people" to this project. SuperNet thread Creation Date Aug 30 https://bitcointalk.org/index.php?topic=762346.msg8592943#msg8592943James has been talking with VeriCoin developers for a while now. It looks like it didn't take him long to take my ideas, and run / profit on them. So, Ask yourselfs, what about ole buy4crypto and what he said to these devs just days in advance, of such a game changing idea. VeriCoin had all the tools to do this on its own, now. jl777 will put his name all over! Then, take all the credit, HOW LUCKY you guys are! I read your post two times now. All that i see is: 1. Good guy image 2. Try too work on projects. Where is supernet and its code? You are starting to get pretty delusional... I am delusional? I am sorry I dbl posted something, I edited the part where I repeated the same thing. If you think I am delusional, well. The facts are facts. If Doug says he never said a word to James. Then I am delusional, If Doug says he spoke with james about this, it would make a lot of sense that I am not so delusional, huh? I was actually told from Doug himself on Aug 26 or 27, that he would use many of my ideas in an upcoming meeting. You starting to think i'm less delusional? This is exactly the part I can't stand, I am here to help you. I OWN NO VERICOIN. If you can't see this, I cannot help you further. buy4crypto, yes you did send me this, yes there is some really good ideas here. Yes I did talk to some investors about some of these ideas. No it wasn't James. When you felt ousted, many people wanted to get info and it wasn't possible when you wouldn't let others take a turn to comment. |
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Sorry but we are now done with VRC.
Why after all the BTC we have spent on VRC would we spend any more if some egotistical anonymous dev is just going take all the credit and get paid for our efforts and any sort of price rise...
This is not at all how we wanted things to be but if ppl want to believe in the so called "jl777" effect as not being a pump, well thats just dumb. There are so many problems with this deal I can not even list them all. This developer as he said it... will not even have time for VeriCoin until next year.
On top of that....
The best thing VRC had going for it was the fact that all the developers where out and in the open with who they are and what their intentions have been, and this has been the biggest thing about VRC that is a threat to all the developers of shitcoins everywhere. Then this deal came into the picture and all that has gone out the window... ppl here are too impatient and jump up and down at the slightest mention of a pump... even after all the dumping that this coin has been through
apparently ppl just can not wait a month till after NY finishes their rules and regs. VRC could have really shined there by being first and only coin to comply...but JL777 joining in my mind kills all of that.
This developer joining VRC is as far away from being the whitehat of crypto as possible. Enjoy getting in bed with as JL777 himself called it "dirty" money and the potentially legal nightmare that this might become. but we are no more.
James donated the escrow back to the community for voted usage. https://bitcointalk.org/index.php?topic=602041.msg8713312#msg8713312 |
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DO NOT SEND YOUR CONTRIBUTION FROM AN EXCHANGE!!
I hate large colored text as much as the next guy, but this is important since a number of you are still sending contributions from exchanges.
Exchanges often use completely separate addresses for sending coins. If a refund or payout is issued from the fund to one of those addresses, you will very likely NEVER see those coins. MintPal will thank you, tho.
If you have send a contribution from your exchange account, you should contact EffectsToCause ASAP to get it sorted out.
Please send contributions from a personal wallet.
^^^^ |
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Make me rich, bitches.
Pump it up!!!!!
Lets just forget criticism of any deal, and accept that the only possible outcome is greatness!... kumbaya!!!! Our anon dev is going to save the day!
Can someone roll out the moon gifs. We are heading to the cosmos in our new anonymous spaceship!!! woot
I assume you will not be contributing and are a proud freeloader. So, this is the nature of your character. no sense of pride or community spirit the words, they are cheap the actions from you, they are empty at this point I am giving you some few more chances before the ignore it is not too late to redeem what little credibility you have to criticize this deal is to criticize every other person in the VRC community as the deal is the VRC community working to improve VRC. My part in this is mostly to just show the path, with some codings next year. So declare your freeloader status or just leave or continue and be put on ignore James Qoute from James "I have high ethical standards." *IRC yesterday from jl777 * [15:15] <jl777> i think VRC devs can become spokesmen for SuperNET [15:15] <jl777> I am anon so no public appearance Ethetical standards definition for those of you who wonder what it means. Principles that when followed, promote values such as trust, good behavior, fairness, and/or kindness. Read more: http://www.businessdictionary.com/definition/ethical-standards.html#ixzz3CdKzI8Mdjl777 we can trust? (anon) Good behavior? (anon) Fairness? (anon) Kindness? (anon) Accountability? (none) reply please. put me to shame! Answer me this, specifically, before you claim you need to ignore me, and try to get the community to alienate anyone who "criticizes" you automaticlly, the enemy... Seems like you don't want any dissidence, in a coin with integrity such as this one, free speach is allowed, this is part of being open, and public that lends to the credibility here. Being anonymous like you are going to be, provides zero credibility to vericoin. Infact the one thing you claim vericoin has, that you need, is now being muddied by your own undertaking of this coin in your "anon" roll. I was under the impression you would be a public figure #4, just like dev 1,2,3. Can you tell me, ethically, why you cannot be public? Where are the ethics in staying "hidden" and having someone else be accountable for your actions?I am guessing this post will be "over the line" as it asks real questions. Though I really hope its not, if he can answer these respectfully, I will have a new view of this man, however, my guess is just asking for this clarity will upset him, and be cause to ignore me?  okay.
there have been credible threats made against me if I am "disappeared", this is not a good outcome for me or people who invest in me or the coins I am helping the last guy who kept making a big deal that he was not anon and I was refused to return 1 million NXT he was given to complete some major projects, but he decided he didnt want to. He was always trying to trick me to reveal my voice or reveal my location, i hope he spent a lot of money to go to where I pretended to be. So, all the investors would have lost this 1 million NXT. Since he wouldnt do the right thing, I did. I swapped all the investors useless asset that encapsulated this real world known guys work with marketrate equiv JLH. The JLH has more than doubled since then so all the investors came out at least breakeven, most with nice profits. That is my identity. That is who I am. Somebody you can count on to do the right thing, always. Now I think you are part of this group that is trying to uncover my identity. you are bribing people with 10 BTC just for any info. since you were careful this time and did not slander you avoid the SHUN. But remember you are on warning, one more troll post and you will be shunned. James P.S. This scammer said, "you know who I am, what are you going to do sue me"? Buy4crypto is skeptical but not out to get you. Being anon for this reason is understandable. I was contemplating this myself for protection of my family. However I decided if there is no discovering to do, then there is not much to search for. This is a personal choice. |
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Please calm
I have been accepted as one of the members of VRC community
This I feel
The enemy of VRC is the enemy of jl777
I have created a high energy beam weapon to vaporize trolls. Truth and logic. These are things that are like the holy water to the vampires. Any troll that is not a sockpuppet that dares to troll in any of my homes is risking total loss of whatever credibility they have and even to be featured on the OP of the SuperNET thread (which should be quite a popular thread) along with a post in my widely followed blog.
They come here to spread fear and doubt with logicless propaganda, they leave with shame and public shunning. So, if everyone here will all just put on ignore the trolls on my ignorelist, then we can be totally immune to their attempts at manipulation. I will be proposing this in all my homes so we can conduct our lives without having to live with garbage all over the place.
So, many are putting in the 10%, this is good, but it seems only 20% have put in the 10%, so there is still more to go. Let us not be greedy, let us all "sacrifice" 10%. I will put 100% of my VRC in. Now we cannot force everybody to put in 10%, but we know that 10% of the total is to the exact amount, so until it is reached this we are having freeloaders.
Now if you are ok with being a freeloader, then just post that here. Then we will not be waiting for your 10%. This is OK, some people they are needing every last penny to survive, so you can explain why you must freeload while the others are contributing and working hard and you just keep all your precious VRC. maybe you are ashamed you are not wanting to admit this, but it is 10% of the VRC, not 90%, you can live without this 10%. Can you live with the shame of being a freeloader. Every day, you are reminded that you are the reason we are not achieving the goal.
Now, if the community cannot do a simple thing like sending 10% to an escrow fund that unarguably will help the currency by a lot more than 10%, then how to expect becoming the fiat spokescurrency for all of SuperNET? I need to be able to show all the other coin communities the strong spirit of UNITY the VRC community has and if it cannot even do what is needed for itself, then this makes it difficult, even impossible for me to have much power to convince other coins.
I expect that the trolls and even others are thinking this jl777 guy is clever, but he is just doing this for the making of more money. So, here is what I do to prove that I am no money motivated monkey.
I, jl777, hereby donate 100% of all the escrowed funds that I might earn from my works with the VRC to the VRC community. These funds are to be used by community voting weighed by their VRC stake to determine approval or rejection of spending proposals. There will be two levels of threshold, simple majority and two-thirds majority, this it depends on what is being voted on. If a debate over what level threshold, then a simple majority vote will decide the threshold to use.
I hope this proves that my goal and intent for the whole asking the impossible amount of money is not for personal gain, but for UNITY within VRC. Now, I might have some uses for some funds, so if ever the VRC community is feeling the sense of gratitude and thankfulness for whatever I am helping to achieve, then I will certainly not object to receiving a bounty from the escrow funds.
James
P.S. I do realize that I just gave away what will become worth more than $1 million USD, but this is less than half of what I have already given away, so it is not as "big" as it seems. I trust the VRC community to treat me properly when the time comes, but first I show the high level of trust to you.
James. It seems to me you are lowering yourself to the Troll level you despise. Calling someone a "Free Loader" is your take/opinion and not condusive to the Harmony you say you Cherish. It's understated but it's still name calling. You'd be given a warning if I was a Moderator How can I be namecalling somebody when I am mentioning no names? This is a logical error on your part. I am asking these people who are freeloading to declare this so as to enable the entire community to progress. Until there is all the 10% accounted for, there is no voting by the SuperNET to ratify the VRC role. The 10% it does not all have to go to the VRC fund, it just needs to be accounted for. How can anybody complain about this? If there is this person who is holding onto all his VRC and while everyone else is chipping in 10% and he probably has more than any 10 normal peoples, well what word will you use for this person? Maybe my english is broken again? What is the right word to describe this person? I care not the word used, but it should reflect the behavior so as to not confuse people. May I ask how much you have contributed? Sometimes, not always, the harshest critics of something are the ones that dont like what is proposed. I am not calling you a freeloader, just stating generalities. James Kevondo is by no means a freeloader. He has put a ton of work into VeriCoin, built VRCRadio and hosts it nearly everyday. |
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Please calm
I have been accepted as one of the members of VRC community
This I feel
The enemy of VRC is the enemy of jl777
I have created a high energy beam weapon to vaporize trolls. Truth and logic. These are things that are like the holy water to the vampires. Any troll that is not a sockpuppet that dares to troll in any of my homes is risking total loss of whatever credibility they have and even to be featured on the OP of the SuperNET thread (which should be quite a popular thread) along with a post in my widely followed blog.
They come here to spread fear and doubt with logicless propaganda, they leave with shame and public shunning. So, if everyone here will all just put on ignore the trolls on my ignorelist, then we can be totally immune to their attempts at manipulation. I will be proposing this in all my homes so we can conduct our lives without having to live with garbage all over the place.
So, many are putting in the 10%, this is good, but it seems only 20% have put in the 10%, so there is still more to go. Let us not be greedy, let us all "sacrifice" 10%. I will put 100% of my VRC in. Now we cannot force everybody to put in 10%, but we know that 10% of the total is to the exact amount, so until it is reached this we are having freeloaders.
Now if you are ok with being a freeloader, then just post that here. Then we will not be waiting for your 10%. This is OK, some people they are needing every last penny to survive, so you can explain why you must freeload while the others are contributing and working hard and you just keep all your precious VRC. maybe you are ashamed you are not wanting to admit this, but it is 10% of the VRC, not 90%, you can live without this 10%. Can you live with the shame of being a freeloader. Every day, you are reminded that you are the reason we are not achieving the goal.
Now, if the community cannot do a simple thing like sending 10% to an escrow fund that unarguably will help the currency by a lot more than 10%, then how to expect becoming the fiat spokescurrency for all of SuperNET? I need to be able to show all the other coin communities the strong spirit of UNITY the VRC community has and if it cannot even do what is needed for itself, then this makes it difficult, even impossible for me to have much power to convince other coins.
I expect that the trolls and even others are thinking this jl777 guy is clever, but he is just doing this for the making of more money. So, here is what I do to prove that I am no money motivated monkey.
I, jl777, hereby donate 100% of all the escrowed funds that I might earn from my works with the VRC to the VRC community. These funds are to be used by community voting weighed by their VRC stake to determine approval or rejection of spending proposals. There will be two levels of threshold, simple majority and two-thirds majority, this it depends on what is being voted on. If a debate over what level threshold, then a simple majority vote will decide the threshold to use.
I hope this proves that my goal and intent for the whole asking the impossible amount of money is not for personal gain, but for UNITY within VRC. Now, I might have some uses for some funds, so if ever the VRC community is feeling the sense of gratitude and thankfulness for whatever I am helping to achieve, then I will certainly not object to receiving a bounty from the escrow funds.
James
P.S. I do realize that I just gave away what will become worth more than $1 million USD, but this is less than half of what I have already given away, so it is not as "big" as it seems. I trust the VRC community to treat me properly when the time comes, but first I show the high level of trust to you.
To all those who thought this was some sort of scam please read what James has decided to do with the escrow funds. Let's work to build this commitment further for the benefit of VRC. |
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just catching up. so vrc is selling out to another project? because of a little market manipulation? granted it was a prolonged and determined state of market manipulation. but you guys really dont think you could fix this with new developments and without selling out? the price would never go below 8k. that was the bottom.
i dont know what's going on, but i supported vrc on the current dev team. i dont know anymore. cant say that im happy with this. but maybe im missing something. cant really be arsed to read the thread to find out so ill let the market tell me whats going on.
they are not selling out, more like joining a mass network... the coin will always be vericoin . nothing changes for its future plans . ahh i see. forming a sort of community within a community or merging of communities? i guess its not a bad idea. i had the same plan to include vericoin in my project like that. still do, but would hope that the original dev-team stay on board with vericoin. im not in for any change in management or anything like that. in fact id say i would be strongly against any change in management. so if it's just a community alliance i suppose that's ok. hope it's handled well. ill be watching.. as i always am. just a couple days ago one of my investors asked me if i still supported vericoin and i told him definitely. i also told him 8k was the bottom.. 48hrs later and we're at 15k. investors need to stop panicking at lowered price and buy more. this is real strategy. but thats as much free investment advice i give. remember i bought in at 18k after selling over 30k. price kept falling i boughtt all the way down to 15k, then 10k.. made back all my money selling the 10k stash at 14k still have all my coins from 18k.. like i got them for free. if any coin is worth it it was vericoin. vericoin is a strong coin with good team and community. i know everyone want to get rich quick but really there was never any need to panick. there's obviously noone insane enough to sell vrc under 8k. and if there is my buy orders will be there waiting. ill need more info on this supernet thing. hopefully there is more info on the OP of the thread. Thanks for your thoughtful consideration. The VeriCoin protocol would not be changing nor would the managment and devs. Everything will be as it is now, but with James working with us on some blockchain 2.0 stuff built into an advanced section of the wallet as an option, and access to the benefits of the SuperNet. |
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some key people still aren't aware, its the weekend and it's only been a couple hours. |
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