@Alexinus First a few items: 1) For some reason people like yourself create new accounts (3 posts at time of this writing) to provide an endless amount of slinging, yet seem to be display some degree of knowledge in cryptocurrency and blockchain projects. Why? Are you a dev from a project that feels threatened by this? You did mention another project. 2) It is evident that you failed to read the Community Paper thoroughly, or your speed reading skills have failed you because I believe most of your questions could have been more substantive. Perhaps, you might have been left with too much to be implied. 3) The idea of the community is to bring solutions and implementations to the project. If you limit yourself to purely investing time to scrutinize a strong (and only getting stronger) community, you will tire yourself out at the pace this project is moving. It also arguably entertains the notion that the sole purpose of your post is to spread uncertainty, which is all too common in the crypto ecosystem. I digress. Let's look at your questions.
First of all do you honestly push for it to be a fair launch? If so, what are your criterias for a fair launch?
There are at least 31.3M coins mined by dev address
https://bitcoinz.ph/address/t1Y4QACu5S6udREAEjNZgEFWLT6TASncfcL You have stopped solomining September 18th, so I assume real estimate atm is anywhere from 35M to 50M.
With 12.5K coins per block, currently there are 223.4M coins. Essentially developer has more than 10% of supply at this point. After a year developer will still own more than 2% of total supply. Is that intended and seems to be okay for a decentralized spirit of your coin? Are there plans to use those coins to pay for development? Are you a developer yourself and such a huge amount is used as an incentive for you to develop the coin?
Yes, in my opinion it was a fair launch and discussing how it could have been based on your terms and your 'criteria' doesn't matter anymore. The fact is, it was launched in the public space for the community in multiple channels of communication. The principles of it being fair are mentioned throughout the Community Paper. I cannot speak to the uses of the coins in the dev address, but it doesn't appear to have additional activity. The next closest is 47million, 17 million more than the address you posted. The three addresses above it hold 147 million, and they appear to still be adding to their cache, should they donate for development? Sure, if they want to. Or maybe you'll suggest a little airdrop so you can invest a few seconds and post your address like here
https://bitcointalk.org/index.php?topic=2106405.msg22747402#msg22747402 and here
https://bitcointalk.org/index.php?topic=2149796.msg21517846#msg21517846 Just a little timeline of fairness:
Also mining started at Sep 9, 2017 4:56:35 PM
https://bitcoinz.ph/tx/0a70d135d95a190435be8cc41ea02cfce61a9c9e39cd8e7515a50d52e49c57d7 &
https://bitcoinz.ph/tx/8941a009d3ae842199dfbb22abb45094450071fc113ce78d7d29791ae6958329GitHub post also on Sept 9th
https://github.com/bitcoinz-pod/bitcoinz/tree/a46cca4d4a4a6eaee5ffe31cf38f3df6df1e7d7dBitcoinZ announcement was at 5:39:18 PM on September the 10th.
This proves to be about 1 day of mining to TEST the chain and code.
Obviously you're only concerned with what the community can give you, and not what you can give to the community.
The second issue stems from your development model. Bitcoin has shown again and again and is showing currently at this time with all the segwit2x drama how lack of governance damages the coin.
Your proposal is to get help for volunteers -- you expect people to work for free in their spare time for the good of community. It's your right. The question is how exactly do you decide on development? Your whitepaper says there's a voting process which starts on GitHub submission. How exactly does something get implemented? Who exactly votes for it and how exactly do you count the votes? You mention some kind of platform? Why should we believe this platform will not be gamed or cheated?
Everything you've seen (or haven't taken the time to see) has happened in about four weeks time. Every link you see, wallets (windows, linux, cold wallet, android, macOSX, iOS pending cert signing and test flight), the first web site, explorers, paper, github update, exchange listings, submissions, pools additions, mining, slack, discord, twitter, whattomine listing (pending full integration), cryptocompare, and who knows what else has been done for "free" or at the cost of a community member investing the time, something you apparently can't comprehend cause you're obviously all about "WELL WHATS IN IT FOR ME, HUH?".
The voting and proposal system is meant to give guidance on how a proposal can be fairly decided upon by the community. There is no designated system, that is up to the proposer and their agents to decide, and the community is empowered to decide if it is fair and accurate.
Third question: I happen to know a coin called ZenCash; it already has secure messaging implemented (the only real goal in your whitepaper). It has a funding model where community members, owners of ZEN, choose which projects/development to fund and pays developers for their work. ZenCash historically evolved from Zclassic which faced a simple issue - no developer would work on coin for free. What are your plans to avoid the same fate? Do you already have volunteers willing to work for free?
Again, everything has so far has been done by volunteers, and that is one of the founding principles. Could a group of volunteers move to raise funds and give to the community effort? Sure. That's the essence of a completely decentralized movement. It can be scrutinized and rejected by the community, or accepted, but the point is to impose a fair analysis. You seem to know a lot about ZenCash and you also post responses as if you are in deep with or part of the development team like here:
https://bitcointalk.org/index.php?topic=2047435.msg22835439#msg22835439Fourth question: What's your coin usecase? So far your only plan seems to build an infrastructure surrounding the coin: marketing, mining, exchanges, websites, "support systems" whatever's that supposed to mean. How and why do you imagine people using your coin? What are your advantages over Zcash? Or more importantly, how exactly your coin is different from Zclassic?
You posted about a 3rd airdrop here
https://bitcointalk.org/index.php?topic=2106405.msg22747402#msg22747402 on a project that has a lot of what you say is 'your only plan is' on their roadmap like wallets, explorers, etc. But you don't mind getting a nice free airdrop eh? These items are how it all how it all starts. If you read the paper those items you pointed out are referenced as the Core Community Map, and are to indicate that no proposal process is needed to develop and implement in furtherance of them. However, any project that is part of the core community map cannot interfere with the immutability of the BitcoinZ blockchain.
Five question: Do you have an actual roadmap or are you planning to make one? Do you make updates on development and if so where can we see them(this thread, forums, blog)?
We have over 300 people across our Slack, Discord, and Twitter - this thread has been read 49,624 times (not sure how thats calculated but it sounds decent). We publish updates and progress in these communication channels and they end up on
https://bitcoinz.site or via twitter or this thread. Things have been happening very quickly, by volunteers, and the updates eventually make it across all communication channels. Our discord and slack #general and #mining chat is linked via relay bot, in case you have concerns about using Slack. You can compare the specs, the principles, and the movement and easily see the differences.
Oh and a last one. I assumed you copied the initialization params from ZEC's ceremony?, but better make sure.
Care to elaborate? I think at this point its warranted that I ask you a question.
In closing:
We are on day 31 and we have wallets for almost every computing platform, website, discord, explorers, two exchanges (submissions to more happening daily), listed on cryptocompare, whattomine, other efforts too many to list. Additionally, anyone can propose and vote using the guidance in the Community Paper. Care to give to the community?
We're boundary-less, don't be afraid. Say hi to your dev team for us.
-cryptorex
