Hey Everyone, I've just posted a copy of this statement to my blog as well so people can point to it if these questions come up again:
http://mogonzo.blogspot.ca/2014/05/a-statement-regarding-my-position-as.htmlA statement regarding my position as Project Coordinator for WhiteCoinHello WhiteCoiners,
Since the initial crisis that brought us to where we are today, there have been many questions regarding the structure of the WhiteCoin Foundation transition team and my specific role in it. A little over two weeks ago, I was the head of PR for ChunkyPools and WhiteCoin. Now I find myself at the head of one of the most talked about organizations in crypto.
So how did all this start?When WhiteCoin launched just over a month ago, I was approached by the original project manager to talk about creating a multipool for WhiteCoin. Mculp and I at ChunkyPools had been working on this concept for some time, and so it seemed a natural alliance for us. The original WhiteCoin team needed help with Public Relations, and we were looking for a headline coin to launch our new multipool code with.
But then we had some twists in the roadWithin 24 hours of being named publicly as the head of PR for WhiteCoin, I received the first reports we’re all aware of now. Contact with the original devs had been lost, and I had reports that an attack was imminent. The rest is history, and this lead to a series of events that saw the crypto community rally around WhiteCoin in an unprecedented show of support.
Many are wondering what I personally have to gain from my involvement in WhiteCoin. And on a financial level it centers completely around my relationship with ChunkyPools, there can be no doubt. I receive 25% of Chunky’s profits. From my own mining and working with Chunky, my personal stake in WhiteCoin now amounts to approximately 65K WhiteCoin.
So why am I here?Because I believe in the power of online communities. I have seen them accomplish great things first hand time and time again, just like with WhiteCoin. I can tell you that I have been so impressed by this community I would continue to volunteer and do this job for the challenge and fun alone. Working with this community has been a singular pleasure. I know many of you have concerns that as coordinator, it’s a conflict of interest for me to have an involvement with Chunky. This is a valid concern. But I ask you to consider this question:
What more reliable motivation in crypto can there be than profit? There is no premine for me to sell off and run. Beyond my own personal enjoyment of this job, being paid out by one of our multipools I think gives me a solid foundation of motivation.
As the coordinator, I also know that WhiteCoin needs more than one multipool to be healthy. This is why I offer you all a promise right now: I will actively encourage the creation of new multipools, and work with the foundation to see they are promoted and supported.
But most importantly, I promise to not stop. I promise to see this project taken to its next logical phases from recovery to healthy growth. And I stand by my original promise to this community, made in the IRC on the night we all decided to fork this coin together:
I will not stop until we have a reliable process in place that sees this coin controlled via a transparent and community driven organization.
TL;DR: WhiteCoin to the moon people.
WhiteCoin to the moon.
Mogonzo
Thanks so much for the update! With such leadership in place I'm very excited for the future of this coin.
