what about trust / trustworthy devs

[vlom]

Do a lot of alts have a trust problem? yes or no? and why?

i think yes. they have a trust problem. why should i trust someone that is hiding behind a pseudonym? i think a trustworthy dev can tell us his/her name.why should they not tell the public who they are if they do not want to scam someone.

what do you think?

[onemorexmr]

Do a lot of alts have a trust problem? yes or no? and why?

i think yes. they have a trust problem. why should i trust someone that is hiding behind a pseudonym? i think a trustworthy dev can tell us his/her name.why should they not tell the public who they are if they do not want to scam someone.

what do you think?

why is satoshi anon again?

IMHO a REAL cryptocurrency does not need a dev which name/address is public.
crypto should work without any centralization and focusing on a dev just adds centralization.

get a team of independant devs which believe in the project is way better: they can check each other ;-)

in the beginning it may help to get starting capital and investors... but a currency should not be for shortterm!

[vlom]

i never talked about bitcoin. and btw there are people that show their face.

http://motherboard.vice.com/blog/whos-building-bitcoin-an-inside-look-at-bitcoins-open-source-development

Gavin Andresen: Andresen serves as chief scientist on the board of the Bitcoin Foundation and is essentially bitcoin’s lead developer, a position passed onto him by Satoshi Nakamoto, bitcoin’s mysterious creator. A Princeton grad, Andresen joined the bitcoin movement after spending time in Silicon Valley. Today, he is the only person receiving an official salary from the foundation for his work. Outside of Nakamoto himself, Andresen is the person who has most influence on the direction of bitcoin. If bitcoin is a ship, Andresen is the undisputed captain. He’s bitcoin’s Linus Torvalds.

Jeff Garzik: Garzik is a frequent writer, miner, developer (bitcoin and others), network engineer, familiy man, and staunch bitcoin advocate. He’s known within the community to be incredibly smart, tackling bitcoin’s many complex problems with speed and ease. Notably, he was the world’s first person to receive a specialized bitcoin miner from Yifu Guo’s firm Avalon, which at one point was mining hundreds of dollars worth of bitcoins a day.

Mike Hearn: By day, Hearn is a software engineer for Google. By night, he is the bitcoin community’s unofficial futurist, bitcoin’s very own Ray Kurzweil. Always focusing three to five years down the road, Hearn’s role is primarily that of an advisor.

Matt Corallo: One of the core development team’s unsung heroes, Corallo has made significant contributions to the bitcoin client, its infrastructure, and the main protocol, among others.

Pieter Wiuelle: Like Corallo, Wiuelle has devoted a substantial amount of code to the bitcoin project.

[rnicoll]

Do a lot of alts have a trust problem? yes or no? and why?

i think yes. they have a trust problem. why should i trust someone that is hiding behind a pseudonym? i think a trustworthy dev can tell us his/her name.why should they not tell the public who they are if they do not want to scam someone.

what do you think?

why is satoshi anon again?

IMHO a REAL cryptocurrency does not need a dev which name/address is public.
crypto should work without any centralization and focusing on a dev just adds centralization.

get a team of independant devs which believe in the project is way better: they can check each other ;-)

in the beginning it may help to get starting capital and investors... but a currency should not be for shortterm!

Still, do people trust Satoshi, or do they trust the devs that have checked the code over the last 5+ years? When Bitcoin came out it had virtually no value or trust, and I think to date only Dash has had any sort of long-term success with a dev team that's not clearly identifiable (i.e. not just a known name, but you can find background details on the dev team)

[bathrobehero]

Do a lot of alts have a trust problem? yes or no? and why?

i think yes. they have a trust problem. why should i trust someone that is hiding behind a pseudonym? i think a trustworthy dev can tell us his/her name.why should they not tell the public who they are if they do not want to scam someone.

what do you think?

why is satoshi anon again?

IMHO a REAL cryptocurrency does not need a dev which name/address is public.
crypto should work without any centralization and focusing on a dev just adds centralization.

get a team of independant devs which believe in the project is way better: they can check each other ;-)

in the beginning it may help to get starting capital and investors... but a currency should not be for shortterm!

This x 1000. In fact, I'd go as far as saying that it's better if the devs are anon because the minute you introduce any personality behind a dev/coin then it will divide people (and it could be dangerous to the devs). I feel like every coin should be started by a handful of devs but the control should be eventually passed onto everyone else but the devs. I mean what is true decentralization if not that?

I think to date only Dash has had any sort of long-term success

Lol, nevermind me or common sense then.

[vlom]

e.g. gulden i would give trust. i can't say exactely why. or just because there are a lot of stores that accept this coins. maybe it is just the spread of a coin that makes the coin trustworthy and not the dev behind the coin.

[TPTB_need_war]

Trust and widespread use go hand-in-hand. One is the egg and the other is the hen— it takes one to make the other.

[onemorexmr]

Trust and widespread use go hand-in-hand. One is the egg and the other is the hen— it takes one to make the other.

true, but with cryptos: shouldnt you trust the technology and not the dev?

IMHO i'd need multiple devs (including me) to tell me that a crypto is good technology wise. i would not believe it if it is a one-man-show - there are too many things that can go wrong and code reviews seem to be mandatory.

[vlom]

Trust and widespread use go hand-in-hand. One is the egg and the other is the hen— it takes one to make the other.

true, but with cryptos: shouldnt you trust the technology and not the dev?

IMHO i'd need multiple devs (including me) to tell me that a crypto is good technology wise. i would not believe it if it is a one-man-show - there are too many things that can go wrong and code reviews seem to be mandatory.

that right. if you can review the code than you can gain trust in a coin. but i am not able to review a code. i don't know how to do this. at this point it need to know how made the review. are these persons trustworthy or not?

[onemorexmr]

Trust and widespread use go hand-in-hand. One is the egg and the other is the hen— it takes one to make the other.

true, but with cryptos: shouldnt you trust the technology and not the dev?

IMHO i'd need multiple devs (including me) to tell me that a crypto is good technology wise. i would not believe it if it is a one-man-show - there are too many things that can go wrong and code reviews seem to be mandatory.

that right. if you can review the code than you can gain trust in a coin. but i am not able to review a code. i don't know how to do this. at this point it need to know how made the review. are these persons trustworthy or not?

i would rather trust a group of independent people than only one person.
if the group is big enough it doesnt really matter if they are trustworthy or not.

[EvilDave]

Trust the community, not just the devs.
Particularly when it comes to real-world business decisions, devs are sometimes not the best people to have in total control of a project.

Genuine decentralisation also means as much decentralisation of all aspects of a project as is possible.
A leaderless project with a strong community (like Nxt or Bitcoin ) is  a much better long-term bet than a project where everything from coding to business decisions to design is decided by one person.

[Spoetnik]

YES let's talk about Trust 

See the link in my sig about the cops being called early tomorrow morning.

Trust the community ?
Really ?
I think i'd rather not LOL