maxpowerzz92
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November 06, 2014, 08:27:05 PM |
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What about the people that have SDC that don't want to buy DRK?
You can't start having "Special Arrangements" and then be considered "Decentralized".
They either convert SDC to DRK at the fixed rate per the proposal, or just go on an exchange and convert it to BTC or some other altcoin. If they hold onto SDC longterm, the markets will probably keep the exchange rate near to the SDC/DRK fixed rate. My question is why would anyone still apply processing power to support the SDC blockchain after a merger, so moving out of SDC seems like the only possible outcome.
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Kai Proctor
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November 06, 2014, 08:28:19 PM |
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I'm discovering the existence of ShadowCoin ...
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Propulsion
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November 06, 2014, 08:30:29 PM |
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I just compiled the SDC QT wallet and am not seeing any of this alleged eyecandy? I see a bog standard bitcoin wallet with a dark theme and a chat tab.
I made an encrypted p2p chat app in python in under a day a few months ago. Don't speak c++ so can't add it to the DRK QT wallet but it would be simple for anyone that could code in c++
I'm struggling to share the optimism here, or see much value in the proposition as it stands.
This is what the wallet looks like for me.
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eduffield (OP)
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Dash Developer
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November 06, 2014, 08:30:57 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
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Dash - Digital Cash | dash.org | dashfoundation.io | dashgo.io
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oblox
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November 06, 2014, 08:31:50 PM |
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This is beyond preposterous for two reasons:
a) You're going to dilute my DRK holdings to merge us with some shitcoin nobody has ever heard of?
b) You have the power to do so? Isn't crypto all about decentralization and math-based consensus to a (relatively) immutable basic protocol? I realize we are still in the development stages of DRK and consequently Evan has an unusual amount of power (e.g. enforcement), but this is a real reach. One person creating more coins in direct contravention of the basic protocol? If Evan can create more coins any time he wishes, how is he any different than the Federal Reserve?
c) This *WILL* fork DRK. Guaranteed. Look at the massive amount of opposition so far...I haven't counted but it looks about 2:1 against. Even if you reverse those numbers, you will have a significant number of DRK owners who *WILL* fork DRK into another coin. And then what do you have? The exact brain-drain you were hoping to avoid, plus market ambiguity, plus a massive loss of investor confidence.
P.S. Even with the reward structure of future blocks being altered to prevent inflation, the creation of a superblock by the DRK devs *after implementation* will rock our coin onto its heels. If one person (Evan) can create more DRK for a good reason, what's to prevent him from creating more DRK for a bad reason (at some point down the road)?
I have been one of DRK's biggest supporters, and everybody here knows this. But hearing that the dev team is even considering something like this makes me almost want to sell my coins. It's that bad of an idea.
Thank you, this is exactly it. This very idea was what made me on the brink of selling my coins when the airdrop idea was floated.
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thelonecrouton
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November 06, 2014, 08:33:30 PM |
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This is beyond preposterous for two reasons:
a) You're going to dilute my DRK holdings to merge us with some shitcoin nobody has ever heard of?
b) You have the power to do so? Isn't crypto all about decentralization and math-based consensus to a (relatively) immutable basic protocol? I realize we are still in the development stages of DRK and consequently Evan has an unusual amount of power (e.g. enforcement), but this is a real reach. One person creating more coins in direct contravention of the basic protocol? If Evan can create more coins any time he wishes, how is he any different than the Federal Reserve?
c) This *WILL* fork DRK. Guaranteed. Look at the massive amount of opposition so far...I haven't counted but it looks about 2:1 against. Even if you reverse those numbers, you will have a significant number of DRK owners who *WILL* fork DRK into another coin. And then what do you have? The exact brain-drain you were hoping to avoid, plus market ambiguity, plus a massive loss of investor confidence.
P.S. Even with the reward structure of future blocks being altered to prevent inflation, the creation of a superblock by the DRK devs *after implementation* will rock our coin onto its heels. If one person (Evan) can create more DRK for a good reason, what's to prevent him from creating more DRK for a bad reason (at some point down the road)?
I have been one of DRK's biggest supporters, and everybody here knows this. But hearing that the dev team is even considering something like this makes me almost want to sell my coins. It's that bad of an idea.
Yeah I'm not buying the 'unite and conquer' line either. Even assuming a complete wealth transfer from SDC to DRK, that's about the same as a single good day on Bitfinex currently... it's not exactly going to rock the world.
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oblox
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November 06, 2014, 08:33:41 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
Good call. There is no reason why you won't be able to find devs. The fact that this was leaked before you could even negotiate it says a lot anyway. I'm glad it's off.
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shojayxt
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November 06, 2014, 08:34:47 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
Good call
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thelonecrouton
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November 06, 2014, 08:34:57 PM |
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I just compiled the SDC QT wallet and am not seeing any of this alleged eyecandy? I see a bog standard bitcoin wallet with a dark theme and a chat tab.
I made an encrypted p2p chat app in python in under a day a few months ago. Don't speak c++ so can't add it to the DRK QT wallet but it would be simple for anyone that could code in c++
I'm struggling to share the optimism here, or see much value in the proposition as it stands.
This is what the wallet looks like for me. Yep, a bog standard bitcoin qt wallet with a dark theme and a chat tab. Are you disagreeing with me
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Propulsion
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November 06, 2014, 08:35:29 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
Good call. There is no reason why you won't be able to find devs. The fact that this was leaked before you could even negotiate it says a lot anyway. I'm glad it's off. 100% agree. Yep, a bog standard bitcoin qt wallet with a dark theme and a chat tab. Are you disagreeing with me Nope.
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Kai Proctor
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November 06, 2014, 08:36:13 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
Good call. There is no reason why you won't be able to find devs. The fact that this was leaked before you could even negotiate it says a lot anyway. I'm glad it's off. IMO it came out to boost the demand for that coin.
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maxpowerzz92
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November 06, 2014, 08:37:27 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
Thanks for your quick response, and listening to the community. I liked how you were thinking outside the box, and trying to join different communities with the same longterm vision.
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Artoodeetoo
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November 06, 2014, 08:37:53 PM |
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SDC guys prob feel like its christmas...Despite a lock in they can still now get access to 500,000k of liquid asset as opposed to just another coin, that if you dumped 50k worth it would probably wipe it out...
DRK does not need SDC
Getting DRK for SDC = uber attractive... Therefore if there is a "deal" to be done.. It needs to be much more in DRK's favour.. IE a much lower dilution... Say 1%.
Otherwise I would say let them go and do their own thing.
EDIT
Just read above - thank god for that
Evan - give it another 6 months and you will have your pick of coin devs as DRK will still be here and the sh1t coins will be gone... So then come back and look at how to fund a recruitment drive... You are in a very strong position... Make use of it...
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DASH #DashDC #DashIntoDigitalCash
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stealth923
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November 06, 2014, 08:39:01 PM |
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As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs
Edit. Any devs that are official drk team must be made public. I don't want any anonymous devs.
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qwizzie
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November 06, 2014, 08:39:12 PM |
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its a shame that we as community cant take the time to discuss this properly with more details and more time now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal but i would have liked more time to discuss it.
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Learn from the past, set detailed and vivid goals for the future and live in the only moment of time over which you have any control : now
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rentahash
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November 06, 2014, 08:41:37 PM |
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its a shame that we as community cant take the time to discuss this properly with more details and more time now we have talked it over in like 10 minutes and brushed it away.
agree with you... I still find merging was a brilliant idea...
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oblox
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November 06, 2014, 08:42:38 PM |
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its a shame that we as community cant take the time to discuss this properly with more details and more time now we have talked it over in like 10 minutes and brushed it away. I'm not saying i'm for or against the proposal but i would have liked more time to discuss it.
There was nothing to discuss. The second you talk about implementing a superblock, the discussion is off. Crypto isn't that. Period.
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Freckleg
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November 06, 2014, 08:42:54 PM |
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It's a shame the ShadowCash merger came out, but I'm going to go ahead and call it off completely. If we got approval from the ShadowCash team, the plan was to bring this to the community. I was never intending to act unilaterally to merge the two coins. However, it appears that a majority of the community is against this idea, so we'll find other ways to acquire talent. Thanks for your input everyone.
Good call. There is no reason why you won't be able to find devs. The fact that this was leaked before you could even negotiate it says a lot anyway. I'm glad it's off. Good Call for the first time ever I was considering selling my darkcoins. I invested in the dev and solid natural growth. Dark is a clean community, no scams, no fights, solid. Bringing in other groups can change this. SDC is rumoured to be linked to scamming community members and printing DarkCoin is a terrible idea.
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thelonecrouton
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November 06, 2014, 08:43:01 PM |
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As the core idea of the merger was to acquire more developers. Let's start drumming up ideas how we can onboard new talent to the darkcoin team. There needs to be some sort of incentive or clever marketing to weed out some of the good devs
I'll happily donate half my MN earnings to a developer fund if devs are needed, and I think they are. As long as it goes to professional devs hired/contracted who have real names and real experience, not some faceless cryptognat clown.
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maxpowerzz92
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November 06, 2014, 08:43:58 PM |
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its a shame that we as community cant take the time to discuss this properly with more details and more time now we have talked it over in like 10 minutes and brushed it away.
agree with you... I still find merging was a brilliant idea... The balls in the SDC dev team's court now. Evan said he will no longer pursue it, but they know that the DRK team did consider it.
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