The other day I think someone accidentally sent me 100MMC as a vote. If you wanted to vote just send 1 Satoshi. If this was a mistake, let me know and I will return it. If it was a donation, thanks, you rock. Either way let me know!

Remember vote 1 Satoshi to this address MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg

If everyone can post the same address they used to vote here or on the reddit posts I started it would be great. That way I can cross reference with the chainbrowser.

I think we can do this!

I've started creating other voting address for other positions, but vanitygen takes awhile to generate.

Thanks!

Thank you.

Spread the word in the pools.


Right now there are 500 coins per day going to each position. If we get a 50 votes whose coin total worth is more than the current CEO's backers, everyone would get 10 coins per day. That's more than the average joe miner is probably getting in the pools.

Not sure but I think it has to be in your wallet. I could be wrong though.

I know if more people could see this, they would agree too. Unfortunately with all the coins out there, people don't care to be bothered with this.

It looks like he currently has 107797 coins backing his vote. We would need that many coins to unseat him in the CEO position.

Not if you put a minimum amount of 1 MMC per address and a one vote per wallet. A bi-weekly vote with a 30 minute voting window or something like that. Or I know, don't have any positions at all and let the miners mine and find incentive to keep the coin flourishing.

I am not saying equally distribute among all MMC holders, only equally distributed amongst those who vote.

The CEO has collected 12071 coins from the position. http://www.chainbrowser.com/memorycoin/address/MVTEceoTeDMmxFHcRbkMyJGN4ct7ULKkS6/

He also holds the CTO position which had collected 12071 coins. http://www.chainbrowser.com/memorycoin/address/MVTEcto33ErvL7f5PBAaPakazcpw6HRn7F/

He has received only 19 votes!

The votes are weighted to the amount of MMC in your wallet. More MMC, the more your vote is worth. Just like Wall Street and DC!

As long as the Satoshi is sent to one of the MVTE addresses, it should work I think.

As long as the http://www.chainbrowser.com/memorycoin/ site is up, I will be able to see who voted. It doesn't appear that too many people are into the voting process and I am beginning to think unseating the current officer may never happen without massive MMC holders voting.

I think it's crap that he weighted the vote. If you look at the explorer he has only about 20 votes and he has collected ~24k in coins because of that weight which is making him more untouchable. I am pretty sure I have made connections that he received 17726, and 5000 from the genesis block by the way it was filtered through accounts before and after voting. Still connecting some other addresses (2k from mining another 16k genesis and a few others) but between the 24k received from the positions and the 23k above, it's pretty safe to say he has at the least 47k MMC not including any mining he has done. I will post a chart later.

The reason I care so much is he established himself as controller.  He has made the coin about him and his greed. He can manipulate the vote to his favor and keep collecting coins. He had about 20 votes earlier today. 20 votes! It would probably take someone hundreds of votes with the amount of weight he has to unseat him and guess what? No one is successfully running against him and virtually nobody has voted for him except himself and a couple other officers.  He has to much power for a decentralized currency. There is reason why people stay away from premined coins, because someone is getting an unfair advantage. He is giving himself an advantage over you and the miners. Besides isn't it just a good old conflict of interest?  

This how I imagine his inner dialogue, "Technically not going to premine for my own benefit but rather for Memorycoin beta failure and PTS then create positions and vote myself in with my share of the genesis so I can keep racking in the coins". "Oh yeah, and my genesis share is worth more than any other  ".

Does anyone else see this? I get that people here a invested and want to make some dough, but no one else is concerned?

Why did block 3780 just pay each office 5x the block reward?

http://www.chainbrowser.com/memorycoin/tx/9de0bdcea7a7687fd803fd82a32a8c69746dbda6a5bfab17e6d02f6aad5b85a2/

And block 3760 paid 4x?

http://www.chainbrowser.com/memorycoin/block/000032e75edc9b48b5a479226fbfe5d7e0b48f0be8cff64cddce0bc74d4eba72/

Piecing together related transactions and consolidated accounts from the genesis block I am guessing the Dev has close to 85k coins by way of skirting a premine and near 25k from the offices he holds.


Some else look at this and tell me what you see. http://www.chainbrowser.com/memorycoin/address/MVTEceoTeDMmxFHcRbkMyJGN4ct7ULKkS6/

If the coin has value, there will always be incentive to optimize miners and fix bugs. Mining the coins and the scarcity of the coins used to be all the incentive needed.  Now developers are trying to finagle their way into a free coin supply under ambiguous pretense.  Pools charge fees, so their incentive to improve is inherent.

The problem here is that this coin is trying to be run like a corporation.  Running the coin with this corporate structure will result in a centralized coin, not a decentralized coin. By saying my vote is worth less than yours because I don't have as much coin as you all the while giving free coins to those already in power is disenfranchising. It is somewhat like the Three-Fifths Compromise with out the racial or ethnic undertones (and by no means a direct comparison). Do you think if you tried at this point, you would be able to unseat any of the elected at this point with out a huge campaign and the coin going to sh*t?

Ok. Congrats! And good luck.

Let's be real, you named 2 out of 6 positions that could be essential to the future of the coin. The other positions have already outlived their necessity. The website, pools etc. have been established. What they earned so far could pay for every altcoins services like this.

What exactly is the duty of the CEO? Does FreeTrade tell the others what to do? Does he do anything in relation to his title and are those duties that of a developer, and this is a clever way around a premine?

 

Says the guy vying for one of the positions. Care to disclose? If you are in office, it would behoove you to smear my attempt.

What is the problem? Maybe I can help. It took me awhile to figure it out too. I took screenshots of everything I did and would post them or just explain what I did.

Dude, the vote is weighted to how much MMC you have in your wallet.  Someones vote who has 10,000 MMC's in their wallet will have 10x the voting power as someone with 1000( not necessarily the ratio used, just an example).  Since these guys have been holding office for a couple weeks and gaining upwards of 500mmc per day, it's sufficient to say some of them have over 8k in MMC when your average miner in a pool might be lucky to have a couple hundred.
 
This is not decentralized. There is a possibility for these guys to gain so much control that it would take a massive coordinated campaign to remove them from office.

If each address/wallet with at least 1 MMC got one equal vote and the number of MMC beyond 1 had no weight, along with maybe a 2 coin payout per 20 blocks I would be okay with it. But 53 coins every 20 blocks is just a faucet for a selected few while diluting miners worth at the same time.

Here is wiki's definition of decentralization: Decentralization (or decentralisation) is the process of redistributing or dispersing functions, powers, people or things away from a central location or authority.

Redistributing is what I want to do.

Send a Satoshi to this address MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg
Or
Vote for these spoil addresses if you don't trust or want me to redistribute the coins, please!

MVTEceo1111111111111111111111TvNrt
MVTEcha11111111111111111111116GDGs
MVTEcmo1111111111111111111115e9dK3
MVTEcto1111111111111111111119owJby
MVTEcno222222222222222222222B1FB3W
MVTEcso555555555555555555555G6uEbs

53 coins going to each officer every 20 blocks is absurd.

Elected by himself, for himself. Since it is a weighted vote and the coin was technically premined for PTS and his preceding memorycoin flop holders (contributors not bag holders), it's essentially a default.

Like I said before, you don't have to vote for me if you are OK with the un-mined dilution occurring every 20 blocks going straight to the pockets of a soon to be elite few.

If you want some extra MMC, vote for me MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg

If you want nothing, don't vote for me.

"You just want to milk it" is better directed at the dev's. This is only a clever way around a premine, which this coin unfortunately has too under the guise of "dividends" to PTS holders. Defaulting the positions to being held by the dev is milking it.

Nobody said you had to vote for me though.

Good luck!

Memorycoin 2.0 currently has blockchain officer positions which are scheduled to receive 1% of all mined coins. 


Currently each of the 6 positions is receiving 53.2 coins every 20 blocks.


On Average, 20 blocks are being found every ~2.5 hours right now.


Roughly, each officer is receiving +500 coins per day right now. When the average miner is lucky to find a block of 266 coins and most are likely receiving far less in a pool, this distribution of coins is completely out of line. I think what each officer has received so far is sufficient to compensate what each has contributed well beyond what is truly deserved even at the current market price of ~$.50 per coin. This equates to around $250 per day in coins not going to miners, not including the future worth of the coins or inflation.


Memorycoin 2.0, a DAC child of Protoshares/Bitshares is going against everything a DAC represents. D is for Distributed and the A is for Autonomous, and Memorycoin is lacking in both those regards. This also seems to slip out of being a decentralized crypto-currency.  This coin is being set up for an elite few to gain more coins and power than the miners who keep the system alive.

If you would like to see these coins redistributed equally and fairly then send one MMC Satoshi .00000001 to
MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg


Send your vote and then leave your MMC address here https://bitcointalk.org/index.php?topic=389386.msg4190260#msg4190260


I will evenly distribute equal amounts of MMC to everyone that votes for me.  Since the weight of the vote is proportional to the amount of MMC you have in your wallet, this may be a lost cause as the system may be too far gone and unbalanced.

If this works I will generate more addresses for the other positions so all unearned/unmined coins get distributed out.


Send your vote here MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg

I am applying for the position of CEO.

Over 100,000 coins are expected to be "paid" out to the person who holds this title over the next 2 years.

Over 14,000 coins have been "paid" to the Current CEO. I believe the preservation of his capital and future appreciation are enough incentive for the CEO to continue to do whatever it is he does as in regards to the positions title. Not too sure exactly what he contributes to the coin under the designation to continue to justly continue receiving the coins being issued.

The current CEO also retains the title of CTO, a position more justifiably suited to his continued contributions but also overpaid. This position has also garnered a handsome 14,000 coins to date.

The current CEO/CTO is also the Developer of the coin with an established ~7.3% premine whereas he is the largest holder due to his "contributions" to Memorycoin "beta" and PTS "dividends". CEO was also a Dev on PTS.

The Dev/CEO/CTO also weighted the vote proportional to the amount of coins held. This is where the conflict of interest arises. You can not guarantee yourself the largest amount of coin from Block 1 and run for a position where the number of coins dictate who stays in the position.

Help me "Free" the coin!

Vote 1 Satoshi, JUST 1 Satoshi to this address MVTEceo3RoiqBhfqjVovtyMAVUJLoHiGTg

The coins that are pouring out of this faucet into the CEO's pocket will be redirected and equally divided up to those who vote.

Please do not send more than a Satoshi, or donate any coin to the address. Once elected I will gladly accept donations to this address MTKFbRMapm32QRETu9SQgMAqXa9r8nAfHy, but I urge you not to send anything until "we" get elected as your "donation" will possibly be for nothing.

Thanks,
Newmine

Leave your address in the following thread after you vote!
https://bitcointalk.org/index.php?topic=389386.msg4190260#msg4190260