This was easily one of the best threads to read up on and post in, there was no bickering, now things have taken a turn it seems.
Can we quit arguing and get back to figuring out this whole POS transition and more?
"We"? who, the community? This is BK's coin. And BK has hired "Bitsa" to be the dev of the POS.
Now, BK is a veteran of crypto and NAUT is supposed to be the fruit of all that experience. Initially, if I have it correct, NAUT was not going to be POS but now BK has decided that it will be (feel free to correct me when I am in error, please). And now, after the coin has lost between half and 2/3s of its value of earlier today, are we, the community, supposed to cook out the "transition and more"? OK...
I'll add the little that I know: "Bitsa" seems to be a "for hire" developer that apparently was rejected by Gatti and Shogun47 in their botched attempt to get Libertycoin away from Carlor Torres Ferguson, the Mexican scam dev of Libertycoin -and many others scam coins-. Apparently, "Bitsa" didn't know how to operate the coin in practical terms for the attempt was only that, a failed attempt. And, ultimately, he just wanted money. Which is quite legitimate when you work and are capable of doing the job you are hired to do.
It seems BK has deemed "Bitsa" capable of doing not just the "transition" but to actually be the dev of the POS part of NAUT. And BK should know, doesn't he? So we, the community, are suppose to "figure out" something? It looks to me that we are left with two very clear options: Either remain invested in NAUT and hope it rebounds and diminishes with it the losses OR we may cut those and just leave.
But that is just me thinking, of course.
hi barabbas,
i just want to make something clear.
i ve worked for shogun47 (@XLB) thats right. and i HAVE FULLY FULLFILLED MY contract. I VE MADE WHAT I WAS TOLD TO MAKE.
(added an invalidation block into the sources, swapping all signing pub_keys, etc...)
the failed attempt to get all users on that codebase was not part of the contract and therefor NEITHER MY FAULT NOR MY RESPONSIBILITY!!!
as for PoS transition of NAUT: i won't ever release an unstable and potentially buggy PoS system. there are many reasons for that (reputation, lossrisk for users, etc.).
we are acually working on the PoS for NAUT and adapting the stakemodifier like i stated in my earlier post.
regards,
bitsta
Hi bitsta,
Thank you for clarifying and offering your version of events, regarding Libertycoin.
Now, regarding NAUT, if I understand you correctly, you are under contract to perform the transition to POS and, I assume, to make the seamless integration of that feature with the current version of the wallet, right?
If IO am correct, this will go to BK, who will be in charge of maintaining the POS, correct the bugs, code and issue the new versions of the wallet, security issues, sync issues...?
Thank you in advance for your answers.
