That is what my real question is and it is a problem that probably affects both counterparty foundation and the bitcoin foundation.
What is to stop someone with deep pockets and a programmer influencing the entire election?
I'm not sure how much damage a rogue community director can do, so its probably not a critical problem - if someone wants to buy votes then I say we let them. Not sure how voting is going to work for other board members, but I think its a Foundation membership rather than XCP holder thing for that - or perhaps both, which would probably work out best imo. Yes, Industry Directors are chosen by Industry members (businesses that support the foundation by paying for one of the Industry tier), while the Founding Directors (Robby and Adam) remain the same and ensure that the board as a whole keeps working in the best interest of Counterparty and its ecosystem. |
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Another question I had regarding membership is what measures are taken to prevent interference of votes via autonomous means; I wrote briefly about this on another website ( https://www.backed.io/posts/post/37 )? Here's the voting procedure for the Community Director that will take place on April 2nd. - Every community member may self nominate, or be nominated by another member. Each candidate must hold at least 50 XCP, which they will prove by signing a specific message (chosen by the Executive Director) with their private key.
- At the start of the two week voting period the Executive Director will generate a Bitcoin address for each candidate, issue a specific vote token of 10 million units, divisible, and locked and issue a dividend to XCP holders with this vote token as the dividend asset. (Meaning that all XCP addresses will receive some quantity vote token in proportion to their XCP balance.)
- During this two week voting period owners of addresses with a vote token balance may send vote tokens to one or more of the addresses corresponding to the candidate(s) they wish to vote for.
- Immediately after the two week voting period the Executive Director will tally and report on the results of the voting. The candidate address with the highest vote token balance will be announced as the winner of the election, and will receive the Community Director position for the term of 1 year from the date of the end of the voting period.
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request: make the cost for joining the foundation a little cheaper; $50 USD is pretty excessive in my opinion.
I understand the price is an incentive for keeping the process fair and trying to weed out those who would attempt to have 300 accounts, but setting the bar at $50 is a bit ridiculous considering it is a huge amount in many third world countries. And if counterparty's true aim is "to power the decentralization of finance and support the creation of superior, frictionless, decentralized financial tools" then allowing a far larger pool of members
Even as someone who lives in a first world country, I am hesitant to spend $50 on an annual membership. Perhaps making a lottery for those who cannot afford the $50 would be a good way to foster larger community involvement in the foundation.
Another issue is that the bitcoinfoundation itself only charges $25 USD for an annual membership.
The price for the annual membership is currently set to $30 (during the duration of the campaign you can use the coupon code CTGIVEAWAY, if you complete the giveaway at http://cointelegraph.com/giveaway you will also get $10 worth of XCP and $20 worth of store coupon, so you pay $30 and get $30 XCP and Counterparty items in return (plus all the other benefits the annual membership offers)). After the campaign ends we will consider lowering the fee if the majority of the community shares these concerns. |
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is it still planned to release the gui for desktop this month?
It will be a bit delayed. Devs have been busy improving the existing codebase (more on that in the Friday's post  ). We'll keep you posted on GUI progress though. |
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New Community Update: http://counterparty.io/news/counterparty-community-update-jan-21/In summary, we held the second meeting of the Counterparty Foundation Board of Directors (Notes from that meeting will be published on the Foundation's blog), launched a giveaway campaign offering annual membership at a discount price with free XCP and store coupons and made our usual weekly development progress. |
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Even you dont accept XCP as a valid coin to process the payment!! Please more respect to XCP  We are working on integrating XCP payment and should have that option available soon. In the meantime anyone is welcomed to contact us at info@counterpartyfoundation.org to make arrangements for paying the membership in XCP. |
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I'm waiting for counterparty-GUI. Do you know when it will release? Approx. time?  Bumping the post: Is there a possible way to sent an asset with custom BTC fee?
~~MZ~~ As mentioned in the post, first version is coming out by the end of the month. |
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