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Author Topic: [ANN] [R3D] NEW UPDATES COMING SOON  (Read 65028 times)
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presstab
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August 29, 2015, 06:08:02 AM
 #501

Do you have a budget for how long your ICO money will last? I have heard you have 4 or 5 developers and the ICO will bring 800btc * $230 = 184,000.

Between 4 or 5 devs, and stoner as community manager taking pay as well, how long would this amount of cash fund the project for? About a year? More/less?

What happens when the project runs dry of funds? Do you have a recapitalization plan or would the devs sort of be doing it as charity work after that? I just am having a hard time understanding where cash will come in after the initial offering, because as far as i understand it this isn't a business that will be generating income?

I have invested a few btc so far, and these are my main concerns. Maybe they have been addressed already, I am not sure.

presumably they will establish their own nodes.  Probably the first nodes available at launch im guessing.  Which would allow them to start earning more R3D and profiting that way.  

I know a few stoners personally that are much wealthier than you by far.  I can say that reasonably because I doubt you have over 10 million in the bank.   Only idiots cling to the idea that all stoners are Cheech and Chong.   But honestly, Cheech and Chong are wealthier than you I'm willing to bet.

It's easy to ask questions like that because there are no real answers.  Just speculation, Duh.  All it will do is make you worry more.

Not sure what the hell you are talking about bud.

But what I am really looking for is some type of budget or expectations of how long the ico money will pay the dev team and what's the plan when the money runs out. This is really a question that only someone from the team can answer.

Lol, too funny that you don't understand what I'm talking about.  It's funny cause you think your $200 in bitcoin is an important sum to the project enough to warrant them to stop coding the demo and prepare for you a line by line estimate on expenses and future expenses. 

Truth is, all that info you want to hear can be faked also,  It's only purpose is to make you feel comfort in the decision on spending some money.  All the questions you're asking can only be speculated on EVEN BY THE DEVELOPERS, unless signed in a contract.

You sound more high than stoner19 for sure.

I never called stoner high or anything to do with drugs.. I talk to him all the time on irc I know he isn't that type, I think you are the one that brought it up?

Also I never said I was rich. I am just an average person with a few extra btc and a few questions about how long the ico money will be able to fund development. I just would like to know a bit more about the plans. Sorry if this offends anyone.

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August 29, 2015, 06:27:49 AM
 #502

Do you have a budget for how long your ICO money will last? I have heard you have 4 or 5 developers and the ICO will bring 800btc * $230 = 184,000.

Between 4 or 5 devs, and stoner as community manager taking pay as well, how long would this amount of cash fund the project for? About a year? More/less?

What happens when the project runs dry of funds? Do you have a recapitalization plan or would the devs sort of be doing it as charity work after that? I just am having a hard time understanding where cash will come in after the initial offering, because as far as i understand it this isn't a business that will be generating income?

I have invested a few btc so far, and these are my main concerns. Maybe they have been addressed already, I am not sure.

presumably they will establish their own nodes.  Probably the first nodes available at launch im guessing.  Which would allow them to start earning more R3D and profiting that way.  

I know a few stoners personally that are much wealthier than you by far.  I can say that reasonably because I doubt you have over 10 million in the bank.   Only idiots cling to the idea that all stoners are Cheech and Chong.   But honestly, Cheech and Chong are wealthier than you I'm willing to bet.

It's easy to ask questions like that because there are no real answers.  Just speculation, Duh.  All it will do is make you worry more.

Not sure what the hell you are talking about bud.

But what I am really looking for is some type of budget or expectations of how long the ico money will pay the dev team and what's the plan when the money runs out. This is really a question that only someone from the team can answer.

Lol, too funny that you don't understand what I'm talking about.  It's funny cause you think your $200 in bitcoin is an important sum to the project enough to warrant them to stop coding the demo and prepare for you a line by line estimate on expenses and future expenses. 

Truth is, all that info you want to hear can be faked also,  It's only purpose is to make you feel comfort in the decision on spending some money.  All the questions you're asking can only be speculated on EVEN BY THE DEVELOPERS, unless signed in a contract.

You sound more high than stoner19 for sure.

I never called stoner high or anything to do with drugs.. I talk to him all the time on irc I know he isn't that type, I think you are the one that brought it up?

Also I never said I was rich. I am just an average person with a few extra btc and a few questions about how long the ico money will be able to fund development. I just would like to know a bit more about the plans. Sorry if this offends anyone.

I do apologize lol, I missed the absence of an "a" in your stoner sentence.  Thought you had something against potheads Smiley

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August 29, 2015, 06:29:41 AM
 #503

Do you have a budget for how long your ICO money will last? I have heard you have 4 or 5 developers and the ICO will bring 800btc * $230 = 184,000.

Between 4 or 5 devs, and stoner as community manager taking pay as well, how long would this amount of cash fund the project for? About a year? More/less?

What happens when the project runs dry of funds? Do you have a recapitalization plan or would the devs sort of be doing it as charity work after that? I just am having a hard time understanding where cash will come in after the initial offering, because as far as i understand it this isn't a business that will be generating income?

I have invested a few btc so far, and these are my main concerns. Maybe they have been addressed already, I am not sure.

presumably they will establish their own nodes.  Probably the first nodes available at launch im guessing.  Which would allow them to start earning more R3D and profiting that way.  

I know a few stoners personally that are much wealthier than you by far.  I can say that reasonably because I doubt you have over 10 million in the bank.   Only idiots cling to the idea that all stoners are Cheech and Chong.   But honestly, Cheech and Chong are wealthier than you I'm willing to bet.

It's easy to ask questions like that because there are no real answers.  Just speculation, Duh.  All it will do is make you worry more.

Not sure what the hell you are talking about bud.

But what I am really looking for is some type of budget or expectations of how long the ico money will pay the dev team and what's the plan when the money runs out. This is really a question that only someone from the team can answer.

Lol, too funny that you don't understand what I'm talking about.  It's funny cause you think your $200 in bitcoin is an important sum to the project enough to warrant them to stop coding the demo and prepare for you a line by line estimate on expenses and future expenses. 

Truth is, all that info you want to hear can be faked also,  It's only purpose is to make you feel comfort in the decision on spending some money.  All the questions you're asking can only be speculated on EVEN BY THE DEVELOPERS, unless signed in a contract.

You sound more high than stoner19 for sure.

I never called stoner high or anything to do with drugs.. I talk to him all the time on irc I know he isn't that type, I think you are the one that brought it up?

Also I never said I was rich. I am just an average person with a few extra btc and a few questions about how long the ico money will be able to fund development. I just would like to know a bit more about the plans. Sorry if this offends anyone.

I'm personally not offended in the least and your questions are valid.
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August 29, 2015, 07:10:24 AM
 #504

if they are valid are you going to answer them


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August 29, 2015, 10:22:19 AM
 #505

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.
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August 29, 2015, 10:58:59 AM
 #506

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.

FreeNET doesn't do this on a blockchain, and that is what we are doing.  But I would say that FreeNET does what R3D is doing and Storj.io as well, just on another protocol.
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August 29, 2015, 02:10:45 PM
 #507

if they are valid are you going to answer them


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I only know what's been discussed amongst the team, but it's not my place to announce those details.  I'm sure Jared will be addressing this shortly though.

     Best regards,

syntaks
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August 29, 2015, 02:13:51 PM
 #508

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.

Folks have also tried to say that Qora does this, and after looking at Qora it's an undeniable difference.  When the next demo is shown, it will become much clearer.  Many projects are available out there and handle their methods and approaches differently.  Blocknet exists, and Supernet exists.  Coke and Pepsi exist.  It's all a matter of preference, or you can even choose both.  The way we're handling this I can assure you, is the best way thought out so far.

     Best regards,

syntaks
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August 29, 2015, 04:43:25 PM
 #509

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.

Folks have also tried to say that Qora does this, and after looking at Qora it's an undeniable difference.  When the next demo is shown, it will become much clearer.  Many projects are available out there and handle their methods and approaches differently.  Blocknet exists, and Supernet exists.  Coke and Pepsi exist.  It's all a matter of preference, or you can even choose both.  The way we're handling this I can assure you, is the best way thought out so far.

     Best regards,

syntaks
Sure value added services are useful when you make them useful inthe real world.. I believe qora uses AT which is much more flexible without requiring hard forks on protocol changes. This is the way the industry is pushing. For 800btc id like to think it would need to atleast meet or exceed the flexibility of a project that had no ico or ipo... but thats really a matter of preference too i guess for the buyers to do their due diligence. In the end its the dev team that is being invested in over the technology because if you invedt in the right people youcan assure the right decisions will be made going fwd

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August 29, 2015, 05:27:36 PM
 #510

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.

Folks have also tried to say that Qora does this, and after looking at Qora it's an undeniable difference.  When the next demo is shown, it will become much clearer.  Many projects are available out there and handle their methods and approaches differently.  Blocknet exists, and Supernet exists.  Coke and Pepsi exist.  It's all a matter of preference, or you can even choose both.  The way we're handling this I can assure you, is the best way thought out so far.

     Best regards,

syntaks
Sure value added services are useful when you make them useful inthe real world.. I believe qora uses AT which is much more flexible without requiring hard forks on protocol changes. This is the way the industry is pushing. For 800btc id like to think it would need to atleast meet or exceed the flexibility of a project that had no ico or ipo... but thats really a matter of preference too i guess for the buyers to do their due diligence. In the end its the dev team that is being invested in over the technology because if you invedt in the right people youcan assure the right decisions will be made going fwd

Alright let's point out a few facts to clear up a few mistakes in the above:

1.  Qora had an ICO, it's right in their ANN - https://bitcointalk.org/index.php?topic=522102.0 Coinssource.com which appears to be down right now, also has an article regarding it: http://www.coinssource.com/qoras-ipo-raised-100-bitcoins-and-launches-successfully/http://www.coinssource.com/qoras-ipo-raised-100-bitcoins-and-launches-successfully/
2.  The last word anyone heard from Qora was here: https://bitcointalk.org/index.php?topic=522102.msg9721585#msg9721585 and the posts before that basically indicate the "quality" of the work citing errors and issues with no response in sight
3.  https://github.com/razakal/Qora/blob/master/README.md - 5 months ago the developer states "I do not want to abandon this project but at the moment I simply have no choice."

ann date: March 19, 2014
date left: March 29, 2015

So let's say hypothetically this was for financial reasons.  This further supports the fact that asking for a low number instead of realistic financial support (for just ONE developer apparently while r3d has a team of 5 people) could very well just lead to a community in distress and development either slowing or coming to a complete halt.  The fact of the matter also is that Qora is not r3d in too many ways to mention, but which will become abundantly clear once the full demo is shown.  Have you also looked into the lack of security in Qora and the gaping holes?  Anyone can have an idea, but to make it work and make it work properly is another thing in itself.

4.  Hard forks - I personally try to avoid them at all costs, but when they are necessary with the proper planning and approach (as I've done many, many times before), they can be near seamless.

5.  I had to also add in, that Qora is PoS based.  r3d is a closed-loop system.  We aren't trying to use PoS to attract people that want to hoard or just to sell what we're working on.  We want as many people as possible to actually use r3d.

Regarding investing in the team itself, I completely agree.  Now to compare, Neos had an ICO with several developers and the total ICO was 125 BTC of which 5 went to Bittrex for the hosting costs of the ICO.  It's exactly the same amount of time in which the Qora dev was there and then left, but the difference is Neos has been here every day (myself and phark) and still continue to support the community even with the lack of funding as 120 BTC doesn't last very long.  I've been here every day, literally without a single day missed throughout the day and night.  There hasn't been a single person that has been turned down for support through any means necessary including telephone, teamviewer, vnc, ssh, or skype, and I don't run a timer and cut people off because an issue has taken "too long" to resolve.  Now with that in mind, I only associate with like-minded people who share the same ethics as I do, both business-wise and morally.  With that being said, you're essentially getting 4 more of me in this project that will stick by it through and through.  In my opinion, that's worth 800 BTC to last as long as needed to continue support, development and expenses.  This is only the second project with my name in it within the span of a year and that's only because I won't get involved in vaporware or with people that aim to bleed others dry while fattening their wallets.

     Best regards,

syntaks
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August 29, 2015, 05:51:20 PM
 #511

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.

Folks have also tried to say that Qora does this, and after looking at Qora it's an undeniable difference.  When the next demo is shown, it will become much clearer.  Many projects are available out there and handle their methods and approaches differently.  Blocknet exists, and Supernet exists.  Coke and Pepsi exist.  It's all a matter of preference, or you can even choose both.  The way we're handling this I can assure you, is the best way thought out so far.

     Best regards,

syntaks
Sure value added services are useful when you make them useful inthe real world.. I believe qora uses AT which is much more flexible without requiring hard forks on protocol changes. This is the way the industry is pushing. For 800btc id like to think it would need to atleast meet or exceed the flexibility of a project that had no ico or ipo... but thats really a matter of preference too i guess for the buyers to do their due diligence. In the end its the dev team that is being invested in over the technology because if you invedt in the right people youcan assure the right decisions will be made going fwd

When i read this, all i see is a bunch of jibberish, blablabla pepsi blabla supernet blabla 800 BTC is needed. FreeNET..https://wiki.freenetproject.org/Using_Freenet#Create_.26_publish_a_Freesite

The fact still remains. The idea is already developed. You steal an idea and then you value it 4000 BTC.
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August 29, 2015, 05:53:35 PM
 #512

It surprises me that people invest in stuff that does already exist in matter of tech. FreeNET does exactly this. And now them selfs value it 4000 BTC. Its pretty ridicolus.

Folks have also tried to say that Qora does this, and after looking at Qora it's an undeniable difference.  When the next demo is shown, it will become much clearer.  Many projects are available out there and handle their methods and approaches differently.  Blocknet exists, and Supernet exists.  Coke and Pepsi exist.  It's all a matter of preference, or you can even choose both.  The way we're handling this I can assure you, is the best way thought out so far.

     Best regards,

syntaks
Sure value added services are useful when you make them useful inthe real world.. I believe qora uses AT which is much more flexible without requiring hard forks on protocol changes. This is the way the industry is pushing. For 800btc id like to think it would need to atleast meet or exceed the flexibility of a project that had no ico or ipo... but thats really a matter of preference too i guess for the buyers to do their due diligence. In the end its the dev team that is being invested in over the technology because if you invedt in the right people youcan assure the right decisions will be made going fwd

When i read this, all i see is a bunch of jibberish, blablabla pepsi blabla supernet blabla 800 BTC is needed. FreeNET..https://wiki.freenetproject.org/Using_Freenet#Create_.26_publish_a_Freesite

The fact still remains. The idea is already developed. You steal an idea and then you value it 4000 BTC.

It's not the same project, nor the same approach, abilities, or system.  What you're saying isn't factual at all.  Your opinion remains.
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August 29, 2015, 05:55:18 PM
 #513

Vasilis from CIYAM has integrated AT into qora not sure if you missdd that. The project has been taken over and free work has been put in. At some point design can only take you so far with respect to flexibility. You need to understand that if you want to be successful in this "industry" i will call now.

That being said there are niches that need to be filled like you are doing but im not sure it takes a currency to do that but perhaps scripts.. I guess better question is.. why cant you do everything you are doing via a script (turing complete ofcourse)? Maybe that may clear some things up for both of us.. since only you understand the design here.

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August 29, 2015, 06:01:28 PM
 #514

Vasilis from CIYAM has integrated AT into qora not sure if you missdd that. The project has been taken over and free work has been put in. At some point design can only take you so far with respect to flexibility. You need to understand that if you want to be successful in this "industry" i will call now.

I'm glad someone stepped in and took over then.  I can fully appreciate flexibility and I'm all for it, and I do understand quite a bit.  Who strives to be inflexible?  Smiley  You can plan to be as flexible as you'd like and implement every proactive measure you can think of, but at some point if a hard fork is necessary or modifications are required - they're required.

     Best regards,

syntaks
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August 29, 2015, 06:06:09 PM
 #515

Vasilis from CIYAM has integrated AT into qora not sure if you missdd that. The project has been taken over and free work has been put in. At some point design can only take you so far with respect to flexibility. You need to understand that if you want to be successful in this "industry" i will call now.

I'm glad someone stepped in and took over then.  I can fully appreciate flexibility and I'm all for it, and I do understand quite a bit.  Who strives to be inflexible?  Smiley  You can plan to be as flexible as you'd like and implement every proactive measure you can think of, but at some point if a hard fork is necessary or modifications are required - they're required.

     Best regards,

syntaks
it is lack of experience, understanding and work ethic that leads to bad design decisions and thus lack of flexibility. Its not done on purpose. I understood that with syscoin which is why I took a hard look at design and decided its better to change design to allow for more flexibility and opening up more possibilities as a result (all without hard forks)

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
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For more visit Syscoin.org  ★☆★
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August 29, 2015, 06:09:07 PM
 #516

Vasilis from CIYAM has integrated AT into qora not sure if you missdd that. The project has been taken over and free work has been put in. At some point design can only take you so far with respect to flexibility. You need to understand that if you want to be successful in this "industry" i will call now.

I'm glad someone stepped in and took over then.  I can fully appreciate flexibility and I'm all for it, and I do understand quite a bit.  Who strives to be inflexible?  Smiley  You can plan to be as flexible as you'd like and implement every proactive measure you can think of, but at some point if a hard fork is necessary or modifications are required - they're required.

     Best regards,

syntaks
it is lack of experience, understanding and work ethic that leads to bad design decisions and thus lack of flexibility. Its not done on purpose. I understood that with syscoin which is why I took a hard look at design and decided its better to change design to allow for more flexibility and opening up more possibilities as a result (all without hard forks)

I agree as well with that.  Did you guys get the wallet finished up yet or do people still have to handle offers etc via command line only?
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August 29, 2015, 07:02:13 PM
 #517

Vasilis from CIYAM has integrated AT into qora not sure if you missdd that. The project has been taken over and free work has been put in. At some point design can only take you so far with respect to flexibility. You need to understand that if you want to be successful in this "industry" i will call now.

I'm glad someone stepped in and took over then.  I can fully appreciate flexibility and I'm all for it, and I do understand quite a bit.  Who strives to be inflexible?  Smiley  You can plan to be as flexible as you'd like and implement every proactive measure you can think of, but at some point if a hard fork is necessary or modifications are required - they're required.

     Best regards,

syntaks
it is lack of experience, understanding and work ethic that leads to bad design decisions and thus lack of flexibility. Its not done on purpose. I understood that with syscoin which is why I took a hard look at design and decided its better to change design to allow for more flexibility and opening up more possibilities as a result (all without hard forks)

I agree as well with that.  Did you guys get the wallet finished up yet or do people still have to handle offers etc via command line only?
There is a web gui to do this and qt wallet too for it aswell as commandline. But we are moving service to a script instead which will be sys 2.0

★☆★Syscoin - Decentralized Marketplace and Multisig Platform
Pay with Bitcoin, ZCash and many more
For more visit Syscoin.org  ★☆★
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August 29, 2015, 07:12:45 PM
 #518

Vasilis from CIYAM has integrated AT into qora not sure if you missdd that. The project has been taken over and free work has been put in. At some point design can only take you so far with respect to flexibility. You need to understand that if you want to be successful in this "industry" i will call now.

I'm glad someone stepped in and took over then.  I can fully appreciate flexibility and I'm all for it, and I do understand quite a bit.  Who strives to be inflexible?  Smiley  You can plan to be as flexible as you'd like and implement every proactive measure you can think of, but at some point if a hard fork is necessary or modifications are required - they're required.

     Best regards,

syntaks
it is lack of experience, understanding and work ethic that leads to bad design decisions and thus lack of flexibility. Its not done on purpose. I understood that with syscoin which is why I took a hard look at design and decided its better to change design to allow for more flexibility and opening up more possibilities as a result (all without hard forks)

I agree as well with that.  Did you guys get the wallet finished up yet or do people still have to handle offers etc via command line only?
There is a web gui to do this and qt wallet too for it aswell as commandline. But we are moving service to a script instead which will be sys 2.0

Sounds nice.  What language is the web gui in?
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August 29, 2015, 07:34:28 PM
 #519

Qora has all these features and the devs can implement new services using Qoras platform. IMHO it would be better for the community and cryptoworld as a whole if funds were raised for pushing tech forward, instead of trying to reimplement the same things.

@twoturtles: care to elaborate on the lack of security in qora? I think it is pretty secure, I would appreciate some examples.
Also qora as a platform never said its last words. Developers constantly enhance it.

Please don't think that I made this post for promoting qora, I just want to understand what you said regarding security, differences, since features are the same. Qora could be used by R3D devs to create new services on top, with no need to spend resources for implementing the same features.

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August 29, 2015, 07:34:46 PM
 #520

Do you have a budget for how long your ICO money will last? I have heard you have 4 or 5 developers and the ICO will bring 800btc * $230 = 184,000.

Between 4 or 5 devs, and stoner as community manager taking pay as well, how long would this amount of cash fund the project for? About a year? More/less?
If the minimum is raised it's expected to cover full year of salaries with additional contracted developers for supporting additions.

What happens when the project runs dry of funds? Do you have a recapitalization plan or would the devs sort of be doing it as charity work after that? I just am having a hard time understanding where cash will come in after the initial offering, because as far as i understand it this isn't a business that will be generating income?

I have invested a few btc so far, and these are my main concerns. Maybe they have been addressed already, I am not sure.

Our plan is to offer those running r3d-powered sites and other services hosting payable with r3d.  That r3d in turn would be used to create our own sites which would then primarily return means based on advertising.  We also plan to offer additional development services and design payable with r3d.  Considering we have a team of resources that will be getting paid throughout this period, we're fully utilizing every facet available.

Those of you questioning presstab, I think it was just a misunderstanding. Presstab and I have known each other for quite a while now, and as he mentioned already, we do chat on IRC on a daily basis. His questions are valid and I'm happy to answer them.

just fyi.. his alias is stoner cuz its a play on his name from his youth... ;P
he either brought it up in the forum or on irc
yes he did bring it up..he said it was because the kids used to throw bricks at him because he had a gozzy eye Cheesy Cheesy Cheesy Cheesy

Funny popcorn1, although not entirely true Cheesy. As for the alias/nickname thing, yes I've already stated multiple times that "Stoner" is nothing more than a nickname given to me as a kid. It's been mentioned on IRC, here on this thread, as well as the interview we did with Lootz from SuperNET Radio (https://soundcloud.com/supernetradio/r3d) My last name is in fact Stone, thus the nickname "Stoner." All good now?  Wink
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