No you are wrong there.

The system needs to be fixed either way and it is acceptable for systems to have errors and loopholes. Errors can be fixed. By recovering the funds a much bigger issue is added which is that the dev team gives the message to the big financial system and big business that they are willing to change history and meddle with the blockchain and at any time in future based on a decision by someone , person x, their transactions that they trusted could be changed. Business will then evaluate this message and chances are high that they will just stick to traditional systems and methods to do their business since they cannot trust the blockshain/dev team anymore.

By letting bygones be bygones, the dev team accepts that a flaw was discovered that will be fixed - it is still bad but the lesser of two evils as the blockchain still has integrity. Chances are good that there will be more flaws discovered like any other computer system.

I think you have nailed it. Lets see how it plays out.

There seems to be a lot of activity and excitement in the Bella camp that they will be able to exchange their coins for a new coin. I notice now that it seems that most ICO funds are Bella. How will the Bella coins (which seems to be dead) be used by the dev team to promote or pay for development or was that just to bail out Bella holders? Why was Bella coin added and not just BTC? It seems the whole ICO fund will then go to Bella holders. What will be different then than in the Bella world before absorbing Bella into Chesscoin?

Unfortunately it is not about what you think (or I for that matter) but what the world's businesses, financial systems and markets think.

The world's financial system is built on trust and robustness and reputation is the name of the game. Things that threaten the integrity and stability of the financial system is frowned upon. The system hates uncertainty and will avoid it like the plague. Business wants to know that if a transaction is done and a contract is created, irrespective of if it is a good transaction or a bad, that the "system" cannot be manipulated to change that. A robust financial system will have controls in place to be able to stop a transaction from happening or to block funds before it is too late. If the money is gone though then it is gone, unless there are other ways to recover it through law enforcement or if the hacker can be convinced to pay it back. If a theft in a financial system exposes a flaw, then improve the system going forward to prevent it from re-occurring which is fine. If you get caught with your pants down, take one for the team and the system moves on with integrity, trust and robustness intact.

Even if one argues it is a good thing that people get their money back, it is not the best in the bigger scheme of things. Once mega business sees that the past can be changed, they will lose trust in the system. Remember that a party takes a position based on inforamtion at hand. If they want to take a serious position to the one side they need strong assurances that underlying things will not happen that pushes the outcome to the other side. Otherwise they will just take positions that sits on the fence or move elsewhere.

If eth wants to compete with the mega word financial systems and markets, then the DAO funds is a drop in the ocean. it is not worth it to sacrifice the war to win a battle. I dont think it can be clearer and more focused than that.

Any hardfork that invalidates transactions destroys reputation and trust. Period. These two concepts are the cornerstone if you are trying to break into the financial big league.

If anther contract has a flaw tomorrow, who plays God that will decide who lives and who dies?

I love chess. It taught me concepts about strategy that I use in my day to day activities. It would be nice if the project is successful. Also, mobile gaming is the way to go.

I love the concept, especially if you can really push the mobile side.

It makes no sense to do a takeover. The attraction is not in the wallet or name but in the IP behind it. A takeover will just produce a coin and a working chain and that is it.

Best to sit back and relax and see if anything comes from this in the future.

Enter https://rise.vision without the "profile" at the end and login again.

The dev disappeared so no-one is going to do it. The thing is that the chain get stuck at that block with a std bad allocator error message. The only way to get past it is with an Ubuntu 14.04 32bit installation, even if you use an up to date bootstrap file.

You can test various things including checkpoints if you want.

No. There is an error in the blockchain around block 193xxx and it is not feasible to try and move past it.

Just be patient. Patience is a virtue.

Trust and integrity of the system must be maintained at all cost in crypto if it ever wants to go mainstream.

It is better for investors if the profit cycle only starts once income increases.

The last 100 pages contains mostly fud. lol

I consider all "investment" in crypto as high risk, so the best is just to sit back, relax and see what happens.

Great thanks.

Let me know if you struggle.

Rule #1 in crypto - only make promises you can keep, or else face the fud. It is better for devs to keep quiet and only post when something is ready to deliver. Then they can only be fudded about not saying much. If a dev makes a promise, then he adds another front where he can be fudded on.

The problem with MTR is that the people that believe in the project and product and that actually care are the people that bought un the initial ICO and increased their holdings over a period of 1.5 years at high prices. The recent dunp was a backstab to those loyal supporters. Talk of doing it to help those investors average down is nonsense. Those people would be the ones that believed in higher prices and long term views and would not have expected a premine dump. If the intention was to help the early investors to average down then there had to be a market warning before the dump so that those investors could place their orders.

The only thing that the dump achieved was to destroy MTR's value and to allienate the early investors and the people that cared.

It might have been hosted on shojayxt site so you could ask him.