[old thread] - RISE | DPOS | APPS & DAPPS

[scaryvirus]

You guys are adorable using words like "invest" and "funds". You bought a little password on the internet and threw way too much money at something experimental and are sad that after few months the developers aren't done so you can sell your little passwords for higher cost.

1. your ROI is irrelevant to devs and crypto.

2. you're not an investor. you're children paying someone for pretend money with real money online which you got.

3. if you don't like it, go buy some stocks instead after doing all the legal paperwork.

[1714805091]

1714805091

[1714805091]

1714805091

[1714805091]

1714805091

[neolinkhati]

this looks nice

Finally...We need more activity...More communication...More developments...

[malcovixeffect]

Indeed, lets only do Q and A until the funds are spent.,Q and A this year and the next year. Rinse and repeat

[blackhawk101]

this looks nice

Finally...We need more activity...More communication...More developments...

Isn't Slack like a dev Q&A everyday?  Ask the devs a question, get an immediate answer...?

[aidia]

Isn't Slack like a dev Q&A everyday?  Ask the devs a question, get an immediate answer...?

Rise Slack is a ghost town, like their project. You'll be lucky to see dev write there something once a month or two.

[jorrr]

this will be 100 satoshi soon

[kellendil]

Well done, you scammed us.

[o48o]

If someone is attending to Q&A, can you ask Why did Justin fund his own company with rise funds if they don't even work for rise since they are focusing to their own platform?
Oh no wait, i know this one; He wanted free money!

[jdr0dn3y]

Dev Team

Hello All,

It has been a while since I addressed you myself, and I apologize for that. We have been busy with trying to figure out the best path forward, utilizing a codebase that has significant issues. We decided on the best course of action for us, to be able to complete the roadmap. We know we are behind on the roadmap, unfortunately, the delegate issues have consumed the time that we were originally going to use for the additional feature sets.

Right now, I am working on a revised technical architecture to supplement the revised white paper. Richard is working on building out the initial functions for the new codebase, and Nathan is working to rebuild the database architecture into Mongo, instead of Postgres, as we originally wanted. We will maintain API compatibility as best we can, so the current SDKs will not have been wasted work.

The new codebase will be using technologies designed around JSON and SockJS to transfer data in realtime between nodes. We will be separating duties for the nodes, so an API Node can't be a delegate node, and a delegate node can't be an API node or a wallet node. This will allow us to scale with greater precision than we can now. We are also going to continue diligently watching potential security holes, and making sure our third party packages that are in use are secure.

This is the best path forward, and with our ICO being all about the features we wanted to provide, this is the way we can achieve that goal.

Thanks All!
Justin R. Donnaruma

[jdr0dn3y]

If someone is attending to Q&A, can you ask Why did Justin fund his own company with rise funds if they don't even work for rise since they are focusing to their own platform?
Oh no wait, i know this one; He wanted free money!

Why wait for the Q&A, I can answer this one now.

Don't Panic was paid by Rise (Cormac and Steve) to do the development work for Rise Platform. There has been some miscommunication between Cormac, Steve, and myself, in regards to who is responsible for what, and we have sorted that out. We haven't been communicating (Myself and Richard), because we were under the assumption that Steve and Cormac would be doing that. We have discussed that, and I will be more involved in the community going forward.

Up until this point, we have done what we said we would do, and that is dedicate a significant number of our time to the development of Rise. Richard and Nathan have been on Rise exclusively since they were brought on in the beginning of August. Richard found all of the bugs we have discussed in the Rise Platform, that prevented us from opening up delegates. Now that we know what the issues are, we can move forward on building the platform in a scalable manner.

Don't Panic also has other clients, and thats why I have a staff of 8 people, instead of just the 2 developers and myself dedicated to Rise.

[o48o]

"a significant number of our time" Is another way to express it vaguely which we are now used to. Why didn't you even mention Rise in your plans? or were you ashamed of Rise being your only client that saved your company from being completely dead.

http://188.125.66.159/search/srpcache?p=%22Eden+Business+Suite%22&type=wncy_iobitfs_16_35&hspart=iry&hsimp=yhs-fullyhosted_003&param1=1&param2=f%3D4%26b%3DFirefox%26cc%3Dfi%26pa%3DWincy%26cd%3D2XzuyEtN2Y1L1QzutCtD0B0FyEzzzzyCtDtD0Dzz0AzytA0FtN0D0Tzu0StCyBtDtAtN1L2XzutAtFtByEtFyCtFzytN1L1Czu1ByEtN1L1G1B1V1N2Y1L1Qzu2StCyCyDyByB0AyC0DtGyCyCyE0BtGzytBtCtDtGyDtB0B0DtGtAyD0E0FyCtCtDyCtD0F0BtB2QtN1M1F1B2Z1V1N2Y1L1Qzu2S0EtByDzztCyEtB0DtG0AtCyD0AtGyE0CtAtAtGzz0B0CzytG0E0EtC0B0A0EtAtA0AyByEtC2QtN0A0LzutB%26cr%3D481595300%26a%3Dwncy_iobitfs_16_35%26os_ver%3D10.0%26os%3DWindows%2B10%2BHome&fr=yhs-iry-fullyhosted_003&ei=UTF-8&u=http://cc.bingj.com/cache.aspx?q=%22Eden+Business+Suite%22&d=4630457408553538&mkt=fi-FI&setlang=fi-FI&w=o_eX77gX2xE5sAwlpLhXFUR3M_fRkD8y&icp=1&.intl=fi&sig=kjWONah._ZolQEhVk2Cjhw--

And riddle me this:


Why wouldn't you just offer refunds after that?

Don't Panic also has other clients, and thats why I have a staff of 8 people, instead of just the 2 developers and myself dedicated to Rise.

Now that's just a lie, you didn't even have a working website before funding.

Also, your reply doesn't answer WHY did you fund your company? You should work for Rise anyway. ICO fucking funded that, not your company, which is by the way building "Eden Business Suite", not the Rise platform.

[Admiral_Bit]

There has been some miscommunication between Cormac, Steve, and myself, in regards to who is responsible for what, and we have sorted that out. We haven't been communicating (Myself and Richard), because we were under the assumption that Steve and Cormac would be doing that. We have discussed that, and I will be more involved in the community going forward.

You are trying to tell us, that it took you several months to figure out who is responsible for communication? How many people are you?; like 6? Why do you keep trying to make us look even more stupid than we already are because we fell for your scam project?

If i would have one last bit of confidence regarding the sincerety of your project (and that is a big "IF") i would recommend the following procedure:

You changed the white paper which was the overall foundation of our investment. Put it up for a vote. Let every RISE token holder vote (correspondingly to the amount of tokens the holder actually has) for one of the following options:

1. The token holder accepts your revised white paper.
2. The token does not accept your revised white paper.

If more than 50% of the votes account for option 1 you will continue with the implementation of your new platform
If more than 50% of the votes account for option 2 you will immediately stop with whatever you are doing and refund the remaining ico balance to the token holders.

We are aware that we will lose money either way...

[szachta]

Funds from ico will be invest in Rise?

[jdr0dn3y]

There has been some miscommunication between Cormac, Steve, and myself, in regards to who is responsible for what, and we have sorted that out. We haven't been communicating (Myself and Richard), because we were under the assumption that Steve and Cormac would be doing that. We have discussed that, and I will be more involved in the community going forward.

You are trying to tell us, that it took you several months to figure out who is responsible for communication? How many people are you?; like 6? Why do you keep trying to make us look even more stupid than we already are because we fell for your scam project?

If i would have one last bit of confidence regarding the sincerety of your project (and that is a big "IF") i would recommend the following procedure:

You changed the white paper which was the overall foundation of our investment. Put it up for a vote. Let every RISE token holder vote (correspondingly to the amount of tokens the holder actually has) for one of the following options:

1. The token holder accepts your revised white paper.
2. The token does not accept your revised white paper.

If more than 50% of the votes account for option 1 you will continue with the implementation of your new platform
If more than 50% of the votes account for option 2 you will immediately stop with whatever you are doing and refund the remaining ico balance to the token holders.

We are aware that we will lose money either way...

Admiral_Bit, That wasn't all we were doing, but I was not under the impression I needed to have a continuous presence in the community. The more time I spend talking with our investors, the less time I have to architect the solutions for Rise. That was the reason I have been silent for the past couple of months. That was a mistake, I will be correcting that.

Your recommendation for RISE token holders to vote on the way forward isn't a bad one. While I do not agree that it should be acceptance of the white paper, I don't disagree that the path forward may be viable with a vote. I think an alternative to acceptance / dismissal of the white paper would be -

1. Continue working on the current codebase, which will likely take longer to complete the roadmap, and will require rewriting of the Socket.IO segments of the code to scale better, as well as working on PostgreSQL optimizations to ensure that there are no bottlenecks to scaling.
2. Build a new codebase, centered around the revised white paper and technical architecture that I am working on now.

The only problem that I would see in doing this, is that in order to be viable, we would need a quorum of token holders to vote, and right now, we do not have a good way to track that. That would require more development time to introduce into the current code. Not a worthless endeavor by any means, unless we were going to move to an entirely new codebase, then that would have been entirely wasted.

If you have any recommendations on how we could achieve this kind of vote without wasting resources on it, I would be happy to chat with you in Slack.

[Admiral_Bit]

There has been some miscommunication between Cormac, Steve, and myself, in regards to who is responsible for what, and we have sorted that out. We haven't been communicating (Myself and Richard), because we were under the assumption that Steve and Cormac would be doing that. We have discussed that, and I will be more involved in the community going forward.

You are trying to tell us, that it took you several months to figure out who is responsible for communication? How many people are you?; like 6? Why do you keep trying to make us look even more stupid than we already are because we fell for your scam project?

If i would have one last bit of confidence regarding the sincerety of your project (and that is a big "IF") i would recommend the following procedure:

You changed the white paper which was the overall foundation of our investment. Put it up for a vote. Let every RISE token holder vote (correspondingly to the amount of tokens the holder actually has) for one of the following options:

1. The token holder accepts your revised white paper.
2. The token does not accept your revised white paper.

If more than 50% of the votes account for option 1 you will continue with the implementation of your new platform
If more than 50% of the votes account for option 2 you will immediately stop with whatever you are doing and refund the remaining ico balance to the token holders.

We are aware that we will lose money either way...

Admiral_Bit, That wasn't all we were doing, but I was not under the impression I needed to have a continuous presence in the community. The more time I spend talking with our investors, the less time I have to architect the solutions for Rise. That was the reason I have been silent for the past couple of months. That was a mistake, I will be correcting that.

Your recommendation for RISE token holders to vote on the way forward isn't a bad one. While I do not agree that it should be acceptance of the white paper, I don't disagree that the path forward may be viable with a vote. I think an alternative to acceptance / dismissal of the white paper would be -

1. Continue working on the current codebase, which will likely take longer to complete the roadmap, and will require rewriting of the Socket.IO segments of the code to scale better, as well as working on PostgreSQL optimizations to ensure that there are no bottlenecks to scaling.
2. Build a new codebase, centered around the revised white paper and technical architecture that I am working on now.

The only problem that I would see in doing this, is that in order to be viable, we would need a quorum of token holders to vote, and right now, we do not have a good way to track that. That would require more development time to introduce into the current code. Not a worthless endeavor by any means, unless we were going to move to an entirely new codebase, then that would have been entirely wasted.

If you have any recommendations on how we could achieve this kind of vote without wasting resources on it, I would be happy to chat with you in Slack.

Your alternative completely invalidates the foundation of my proposal. The vote has nothing to do with your codebase. If you "win" you can do whatever you want and we cant even complain. If we "win" we will at least get some of the money back we invested.

[san2ok]

If you have any recommendations on how we could achieve this kind of vote without wasting resources on it, I would be happy to chat with you in Slack.

im not native english, hope you understand what im saying=
IMO
i know no one can life without fund, but dev team must dedicate to rise as his life achievement as a sense something to be protected and proud of
when we are in down you should also limit the spending budget extremely, as dev are all relying to rest amount of ICO funds
jdr0dn3y is the most important part to be make always focus to RISE because supposedly this is your dream and we investors are helping you to reach it by funding it, its a responsible and a burden you must deal forever
so if NXT could survive for years and raise with only 21btc, i think you could tight budget..
BTC TIGHTEN BUDGET, the road is still very far..

nothing else is matters, if you believe you need to revise whitepaper, then do as a **revision, besides most complaining dont understand, they just want to see something
(except revision, if possible not to start from the groundup, that is wrong and consider a fraud/not as promised)
i vote what the dev believe, but surely not abandon community opinions, supposedly this is our RISE (not dev RISE)
please make regular talks & explanation so public will know, what path, "we can see you", what progress "want to hear something", and most importantly "what can we see"
BTC INFORMATIVE & give more video talks, make the communities have use, Rise as family, how to make us help you, be friendly and friends to the community


BTC most of us want=
the DEV to Coordinate us together do BUYWALL, for current situation supposedly at 700satoshi or maybe DEV decide any numbers?
if others still want to sell then its their loss,, as Admiral_Bit said, if he wants to exit, let them sell;; but without hurting the rest of the community(current price hurt everyone)
to DEV supposedly nothing hurt in placing buywall below ICO (you still in profit)

The Price .. its what we can see today (except the poster below)
building something took time, WE WANT TO STAY but we also so worried because of it


you look good on the pic, its calming its nice to see something

[malyan]

Funds from ico will be invest in Rise?

we hope that all is not in vain

[smokim87]

Funds from ico will be invest in Rise?

we hope that all is not in vain

nop, invested into Don't panic consulting...company created overnight and now making 30k revenue per month  thanks to the ICO funds.

[Geenstijl]

Dev Team

Hello All,

It has been a while since I addressed you myself, and I apologize for that. We have been busy with trying to figure out the best path forward, utilizing a codebase that has significant issues. We decided on the best course of action for us, to be able to complete the roadmap. We know we are behind on the roadmap, unfortunately, the delegate issues have consumed the time that we were originally going to use for the additional feature sets.

Right now, I am working on a revised technical architecture to supplement the revised white paper. Richard is working on building out the initial functions for the new codebase, and Nathan is working to rebuild the database architecture into Mongo, instead of Postgres, as we originally wanted. We will maintain API compatibility as best we can, so the current SDKs will not have been wasted work.

The new codebase will be using technologies designed around JSON and SockJS to transfer data in realtime between nodes. We will be separating duties for the nodes, so an API Node can't be a delegate node, and a delegate node can't be an API node or a wallet node. This will allow us to scale with greater precision than we can now. We are also going to continue diligently watching potential security holes, and making sure our third party packages that are in use are secure.

This is the best path forward, and with our ICO being all about the features we wanted to provide, this is the way we can achieve that goal.

Thanks All!
Justin R. Donnaruma

Hey Justin,

First let me say that I am really pleased to see you post in this thread. Things have really been getting out of hand. I hope that from now on you could spend like 10-20 minutes a day to giving constructive feedback and updates on this forum.

Please do not go into any arguments with scam accusations, this is useless. Please do react to people concerned about the actual project, but only those who do so in a civilized manner.

In the upcoming days I hope to be one of these persons.

[scaryvirus]

I like that suggestion. Ignore any questions about coin value or buy wall lol. Too many coin flippers here.  Who cares about buy wall. Let the markets decide, it will just waste devs money so you can cash out. It literally doesn't matter for the project. They are not investors, they bought access to highly experimental digital tokens with known risks, and don't deserve to be coddled.