ANN-EMC2 Einsteinium FUNDING THE FUTURE WITH THE FUTURE OF CURRENCY KMD-dPoW

[Armis]

sorry guys, i dont understand ecap concept, what will ecap do exactly ? for ex; ecap set buy supports, or pumpt 200 - 300sat, i dont understand,

i know taht i have 3M emc2, and i am holding, and i have BTC, if this ecap rescue emc2, i am in. thanks guys.

Yes, ECAP is a rescue plan for EMC2.   ECAP is an emergency measure, responding to an emergency situation.   HOWEVER, ECAP requires overwhelming permission.

You said you don't understand the concept, ok in its most stripped down self ECAP is an empowerment plan, it provides a very simple guide that if followed will allow the EMC2 community to determine its own destiny.

In order for ECAP to be effective it MUST have overwhelming support within a reasonable period of time.  

ECAP brings the community together for the specific purpose of solving EMC2's problems though consensus.  Individually we target an issue of concern, we bring that issue to the community to address it as a whole, then when consensus is reached on the matter the order is in place for implementation.  

Here's why ECAP adoption will increase EMC2 market value, because it will show the world that EMC2's community is an organized body, an engaged body, a determined body, and a body that is ready, willing, and able to carry out its will.   ECAP by design creates a structural foundation (base not org) that is rock solid -- stable, reliable, and easy to build on.  

Time is of the essence, if ECAP isn't adopted soon it will be determined that the community doesn't want it.

I believe in group think, and consensus it's two of the guiding principles for the whole CC industry.

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[Armis]

Within the EMC2 community, what devs do we have?

From my understanding EMC2 was developed by contract (not the norm / pay lower but certain), not on spec (the norm / pay often higher but uncertain)

When development work needed to be done individuals (ie BobSurplus) sought out developers to do what was needed.    My guess is the tiny few (Foundation + others) who sacrificed much to create and develop EMC2 came out of pocket time and time again to maintain the coin. 

Developers are hard to find, particularly when a coin is highly undervalued, dysfunctional, nonperforming, and unorganized.  Under those hostile conditions developer fees are almost never discounted.

A community that is organized is informed about their: resources, strengths, and goals.  Through group-think and concerted efforts they maximize existing resources to reach their goals.  Such high level organization is often reflected in the coin's performance (higher market values) which make the coin more attractive to both investors and contractors.

[Scrappy Do]

Within the EMC2 community, what devs do we have?

From my understanding EMC2 was developed by contract (not the norm / pay lower but certain), not on spec (the norm / pay often higher but uncertain)

When development work needed to be done individuals (ie BobSurplus) sought out developers to do what was needed.    My guess is the tiny few (Foundation + others) who sacrificed much to create and develop EMC2 came out of pocket time and time again to maintain the coin. 

Developers are hard to find, particularly when a coin is highly undervalued, dysfunctional, nonperforming, and unorganized.  Under those hostile conditions developer fees are almost never discounted.

A community that is organized is informed about their: resources, strengths, and goals.  Through group-think and concerted efforts they maximize existing resources to reach their goals.  Such high level organization is often reflected in the coin's performance (higher market values) which make the coin more attractive to both investors and contractors.

 Perhaps reach out to Asiacoin devs? I am active there as well, and Maestro and crew are amazing....... I will make a post now.... perhaps follow up? They saved a scam coin, and it is showing serious growth.

[Bobsurplus]

+1 ECAP

[Scrappy Do]

Within the EMC2 community, what devs do we have?

From my understanding EMC2 was developed by contract (not the norm / pay lower but certain), not on spec (the norm / pay often higher but uncertain)

When development work needed to be done individuals (ie BobSurplus) sought out developers to do what was needed.    My guess is the tiny few (Foundation + others) who sacrificed much to create and develop EMC2 came out of pocket time and time again to maintain the coin. 

Developers are hard to find, particularly when a coin is highly undervalued, dysfunctional, nonperforming, and unorganized.  Under those hostile conditions developer fees are almost never discounted.

A community that is organized is informed about their: resources, strengths, and goals.  Through group-think and concerted efforts they maximize existing resources to reach their goals.  Such high level organization is often reflected in the coin's performance (higher market values) which make the coin more attractive to both investors and contractors.

 Perhaps reach out to Asiacoin devs? I am active there as well, and Maestro and crew are amazing....... I will make a post now.... perhaps follow up? They saved a scam coin, and it is showing serious growth.

 I made my posts, please feel free to add input or tell me to STFU as needed. I truly mean the best of intentions.

 There were days when my miners were running, and I told myself (get the hell off EMC!) but I believed in this coin, and still do. Please read here if you care about my posts to the AC Devs.... https://bitcointalk.org/index.php?topic=595999.msg7138651#msg7138651

[Armis]

Within the EMC2 community, what devs do we have?

From my understanding EMC2 was developed by contract (not the norm / pay lower but certain), not on spec (the norm / pay often higher but uncertain)

When development work needed to be done individuals (ie BobSurplus) sought out developers to do what was needed.    My guess is the tiny few (Foundation + others) who sacrificed much to create and develop EMC2 came out of pocket time and time again to maintain the coin.  

Developers are hard to find, particularly when a coin is highly undervalued, dysfunctional, nonperforming, and unorganized.  Under those hostile conditions developer fees are almost never discounted.

A community that is organized is informed about their: resources, strengths, and goals.  Through group-think and concerted efforts they maximize existing resources to reach their goals.  Such high level organization is often reflected in the coin's performance (higher market values) which make the coin more attractive to both investors and contractors.

 Perhaps reach out to Asiacoin devs? I am active there as well, and Maestro and crew are amazing....... I will make a post now.... perhaps follow up? They saved a scam coin, and it is showing serious growth.

 I made my posts, please feel free to add input or tell me to STFU as needed. I truly mean the best of intentions.

 There were days when my miners were running, and I told myself (get the hell off EMC!) but I believed in this coin, and still do. Please read here if you care about my posts to the AC Devs.... https://bitcointalk.org/index.php?topic=595999.msg7138651#msg7138651

Wow, Scrappy Do is an cryptocurrency diplomat. both of those posts were fantastic and it looks like is was received with the care and concern EMC2 needs.  

Without a doubt that was "step-up" excellence The Patient literally requested.

+1 ECAP

Glad to see your endorsement come through.

[bobq]

+1 ECAP

[GIminer]

+1 ECAP

[AcLion]

+1 ECAP

[makishart]

+1 ECAP

[etoque]

+1 for ecap

[sneakgeekz]

+1 ECAP

[Armis]

ECAP needs overwhelming EMC2 community support to work, 'overwhelming' may be expressed in any one of these 3 ways:

 - 30% of the coins in circulation (total 104M, target 31M),  
 - 30% of all known EMC2 forum contributors from forum creation to when ECAP was introduced (May 28th).  The total number is ~375, 30% of that is 113
 - 66% of all known EMC2 forum contributors from initial date of EMC2 decline (~April 20th) to when ECAP was introduced.  Total ~125, 66% of that is 83

As the initiative gains community favor supporters are encouraged to start identifying issues of community concern that if implemented will have a positive effect on EMC2's market value.

The following individuals have endorsed ECAP [#as of June 6]

1)   Armis
2)   djnocide
3)   Cobra
4)   Anonz
5)   IPCoinz
6)   mdtspain
7)   ahumanbeingx
8)   Gauss14   [not registered member prior to May 28]
9)   HKBvM
10) Scrappy Do
11) Lovethecoins
12) Alphi
13) leonar76
14) Bobsurplus
15) bobq
16) GIminer
17) AcLion
18) makishart
19) etoque
20) sneakgeekz
21) chMiner
22) Oldminer
23) wizely


In my estimation the above EMC2 owners account for about 1/2 of the votes needed by coin count, or  1/4 of the votes by forum contributor count.  

ECAP has 1 day left to be adopted, in one way or another the community will have spoken overwhelmingly, silence counts against the measure.

[chMiner]

+1 ECAP

[Oldminer]

+1 ECAP

[praxiscat]

If the community want's to take more ownership of EMC2 I am all for it.
To answer some questions though. The coin was not developed on contract, on the contrary it is quite the opposite. It was more or less done in the developers own time, with his own resources with his own idea/vision. It was never a contract effort. Some people joined shortly after it was developed and released, myself included. But it primarily started with the Dev who is still around, and a few people who helped him out. So please, it's best not to speculate on it's creation, and those involved. Some of us, put a great deal of time, effort, and money into this, myself included, with no financial gain, including the dev.
If you do want to reach the developer, which I highly advise if you wish to proceed.  With all that I would suggest contacting him at aszu@einsteinium.org. If you want to do a hand off to community ownership I highly suggest you email the developer and get in touch with Ryan in terms of the restructuring. With that being said, I highly advise working with Ryan on this going forward. I think Ryan (xhumanbeing) can become more of a resource in a few weeks.

With that being said, I cannot take on such the role I did before, my personal life is becoming a bit more active in the coming months. If you want to contact me for advice, or need information, please do. I don't personally have the time or energy to be involved as I once was.

I will not be paying much attention to this thread though...that's more an FYI. Good luck going forward, and you have my support if you wish to take more ownership of Einsteinium.
 
The coins value was too low to make a donation. Personally I am not going to pilfer the foundation's wallet to make a donation of a few hundred dollars, or dump the coins on the market. Which would have been the case in may, as it is the case now.
To answer where the foundation coins are, they are still in the foundation wallet, and not moving from there for the time being. I no longer manage that. Whoever ends up running the organization in the future will be responsible for managing the foundation wallet, as well as future donations, or however else the community determines how the resources should be used.

[praxiscat]

Do you know who has access to the funds that were collected for the prior months donation? I may be wrong, but I dont think a donation occurred, did it?

Lets use those funds for bounties then.

See my edited response. The access will likely be handed over. Again, the community will need to determine those decisions if and when they wish to take ownership.

This is my last response in this thread for now. 

[Alphi]

See my edited response. The access will likely be handed over. Again, the community will need to determine those decisions if and when they wish to take ownership.

indeed this kind of thing should not be done lightly. handing over a wallet only means that more people have access to the private keys that control it and so more potential for bad actors to steal the funds.
ultimately the best thing to do would be to hard-fork and move the funds over to a multisig wallet controlled by 3+ (ideally more than 5) people where it takes a clear majority to actually confirm withdrawals.

[Armis]

[edit changed post to update ECAP stats]

Today, June 6th is the last qualifying day to adopt this measure.

ECAP needs overwhelming EMC2 community support to work, 'overwhelming' may be expressed in any one of these 3 ways:

 - 30% of the coins in circulation (total 104M, target 31M),  
 - 30% of all known EMC2 forum contributors from forum creation to when ECAP was introduced (May 28th).  The total number is ~375, 30% of that is 113
 - 66% of all known EMC2 forum contributors from initial date of EMC2 decline (~April 20th) to when ECAP was introduced.  Total ~125, 66% of that is 83

As the initiative gains community favor supporters are encouraged to start identifying issues of community concern that if implemented will have a positive effect on EMC2's market value.

The following individuals have endorsed ECAP [#as of June 6]

1)   Armis
2)   djnocide
3)   Cobra
4)   Anonz
5)   IPCoinz
6)   mdtspain
7)   ahumanbeingx
8)   Gauss14   [not registered member prior to May 28]
9)   HKBvM
10) Scrappy Do
11) Lovethecoins
12) Alphi
13) leonar76
14) Bobsurplus
15) bobq
16) GIminer
17) AcLion
18) makishart
19) etoque
20) sneakgeekz
21) chMiner
22) Oldminer
23) wizely
24) ottobene


By my estimation the above EMC2 owners account for about 1/2 of the votes needed by coin count, or 1/4 of the votes by forum contributor count.  


ECAP today left to be adopted, in one way or another the community will have spoken.

[wizely]

+1 ECAP