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Author Topic: how should coin developers be remunerated?  (Read 4645 times)
boxuser
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Credits CRD 1st Decentralized Exchange coin


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July 09, 2014, 09:08:00 PM
 #21

i guess people will never be happy and always complain about something and scream SCAM, and they look at seriously developing coins like for example Credits CRD see https://vimeo.com/100148381 https://bitcointalk.org/index.php?topic=634403.0 ]

and completely ignore it, the coin is launched and kept alive non stop and worked on and developed on very hard as much as i see the dev. is a decent guy and keeps telling people not to complain later once the new wallet version 2.0 is released, but what will happen? probably after he released version 2.0/ and the people who are now mining at the low diff right now, and believe in the coin and are confident in it, they will be happy and profit, but the same people who ignore it right now, will scream even then SCAM! and instamine and shit like that.

fact is they will always have something to bitch about, because it is a bunch of losers. and its the same people probably who invested in all those scam IPO's which is by all logical means very risky, and this guy brings a product and is ignored


fuckin people just dumb

Joe_Bauers
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July 10, 2014, 02:30:22 AM
 #22

So devs shouldn't receive anything for their time, effort and innovation....?

Any proposals as to how it can be done? We thought we had a reasonable approach, but we have had to abandon it

Are you saying in the linked post that you abandoned the idea because it hasn't yet been done? 
coinsolidation (OP)
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July 10, 2014, 05:16:29 AM
 #23

So devs shouldn't receive anything for their time, effort and innovation....?

Any proposals as to how it can be done? We thought we had a reasonable approach, but we have had to abandon it

Are you saying in the linked post that you abandoned the idea because it hasn't yet been done? 

No, it has been done before, and there are multiple ways to technically implement the concept including existing methods such as freicoin.

The problem is that any potential method of implementation reduces down to requiring a change to the block chain that would break compatibility with existing crypto currency software, at the very least mining and pool software would be affected, worst case far more.

Breaking compatibility is too much of a price to pay, so we are forced to abandon the taxation based development fund model.

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coinsolidation (OP)
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July 10, 2014, 08:22:14 AM
 #24

A new proposal, we'll call it a reverse IPO for now https://bitcointalk.org/index.php?topic=660544.msg7764943#msg7764943

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Joe_Bauers
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July 10, 2014, 04:12:30 PM
 #25

So devs shouldn't receive anything for their time, effort and innovation....?

Any proposals as to how it can be done? We thought we had a reasonable approach, but we have had to abandon it

Are you saying in the linked post that you abandoned the idea because it hasn't yet been done? 

No, it has been done before, and there are multiple ways to technically implement the concept including existing methods such as freicoin.

The problem is that any potential method of implementation reduces down to requiring a change to the block chain that would break compatibility with existing crypto currency software, at the very least mining and pool software would be affected, worst case far more.

Breaking compatibility is too much of a price to pay, so we are forced to abandon the taxation based development fund model.

I haven't tested it out, but it seems that you could use lock_time to accomplish my proposal on the previous page. No?
coinsolidation (OP)
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July 10, 2014, 04:41:06 PM
 #26

I haven't tested it out, but it seems that you could use lock_time to accomplish my proposal on the previous page. No?

See this thread for discussion, but, no.

The problem we found was that any taxation requires some transaction to be present (standard or non standard) in a block, any time you add a constraint like that any extending software (like mining software) needs to be modified to adhere to the constraint you added. This breaks compatibility, some coins may be happy with that, but it contradicts what we hope to achieve with Bitmark.

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defaced
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July 10, 2014, 05:40:47 PM
 #27

block tax 1% of every block. If they stop working on the coin it's forked and that tax is cut off or pushed to an address of a new developer that takes over and works on the coin.

premines and instamines need to be stopped at once.

I have thought about that many times.

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coinsolidation (OP)
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July 10, 2014, 05:47:15 PM
 #28

block tax 1% of every block. If they stop working on the coin it's forked and that tax is cut off or pushed to an address of a new developer that takes over and works on the coin.

premines and instamines need to be stopped at once.

I have thought about that many times.

Did you see the other proposal?

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Spoetnik
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July 10, 2014, 05:59:45 PM
 #29

They don't deserve to be enumerated.
their bills are not my problem.. fuck em !

wanna make dumb ass excuses ? how did free services like Facebook or Google get off the ground ?

We call them scams because they are.. don't play games about it.

Proposal ?
Get a fucking job lazy greedy deceitful pricks.

FUD first & ask questions later™
coinsolidation (OP)
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July 10, 2014, 06:10:28 PM
 #30

They don't deserve to be enumerated.

I always love your replies until they are in my threads, but then you make it better with a typo.

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Spoetnik
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July 10, 2014, 06:31:19 PM
 #31

i would take a bad speller any day over a snotty brat Grammar Nazi trolling (Off-Topic) on someone with insults.

most of you do not posses the ability to stay on topic and you are compelled to insult people
yet while doing that you have the bloody audacity to criticize a guys spelling ? For Real ? LOL

gimme a break  Roll Eyes

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Joe_Bauers
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July 10, 2014, 06:35:35 PM
 #32

I haven't tested it out, but it seems that you could use lock_time to accomplish my proposal on the previous page. No?

See this thread for discussion, but, no.

The problem we found was that any taxation requires some transaction to be present (standard or non standard) in a block, any time you add a constraint like that any extending software (like mining software) needs to be modified to adhere to the constraint you added. This breaks compatibility, some coins may be happy with that, but it contradicts what we hope to achieve with Bitmark.


Interesting thread, thanks. 
coinsolidation (OP)
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July 10, 2014, 06:39:04 PM
 #33

gimme a break  Roll Eyes

If I came across wrong sorry, that wasn't my intention.

You made a perfectly valid argument, and one I agree with, any valuation of a project or currency should be earned not presupposed or inflated.

That's principal one of my own project.

Thanks for your input Spoetnik, it was appreciated.

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Joe_Bauers
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July 10, 2014, 06:39:24 PM
 #34

They don't deserve to be enumerated.
their bills are not my problem.. fuck em !

wanna make dumb ass excuses ? how did free services like Facebook or Google get off the ground ?

We call them scams because they are.. don't play games about it.

Proposal ?
Get a fucking job lazy greedy deceitful pricks.

+1 For lulz.

FB and Goog got of the grownd threw ventura Capital.
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July 10, 2014, 06:45:26 PM
 #35

how did free services like Facebook or Google get off the ground ?


Hmm..
How about ad-displaying wallets then?

As in - Can't receive any coins until having clicked them...

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amarha


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July 10, 2014, 06:48:07 PM
 #36

So do people who disagree with developers being compensated for their time also think that Gavin et al should stop being paid to work on Bitcoin?
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July 10, 2014, 07:15:06 PM
 #37

They don't deserve to be enumerated.
their bills are not my problem.. fuck em !

wanna make dumb ass excuses ? how did free services like Facebook or Google get off the ground ?

So you think Mark Zuckerberg got facebook to where it is now out of his own pocket? That neither facebook or google had investors or what would be considered an IPO in altcoin terms?

I personally think coinbase donations are the way to go. Dev's still get compensated for their effort but the risk of a premine dump is largely reduced.

profitofthegods
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July 10, 2014, 09:03:24 PM
 #38

Perhaps we should make a new crypto generated through 'proof of coin' (PoC) whenever a new crypto gets listed on an exchange, lol.

More seriously, the block tax seems like the most sensible option I've heard.
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Franko is Freedom


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July 10, 2014, 11:56:02 PM
 #39

They don't deserve to be enumerated.
their bills are not my problem.. fuck em !

wanna make dumb ass excuses ? how did free services like Facebook or Google get off the ground ?

We call them scams because they are.. don't play games about it.

Proposal ?
Get a fucking job lazy greedy deceitful pricks.

Wasnt facebook started by students at harvard and didnt they have $20k? I mean.. thats not much but it isnt "nothing" by any means.

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Franko is Freedom


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July 10, 2014, 11:56:46 PM
 #40

They don't deserve to be enumerated.
their bills are not my problem.. fuck em !

wanna make dumb ass excuses ? how did free services like Facebook or Google get off the ground ?

We call them scams because they are.. don't play games about it.

Proposal ?
Get a fucking job lazy greedy deceitful pricks.

+1 For lulz.

FB and Goog got of the grownd threw ventura Capital.

And this

Fortune Favors the Brave
Borderless CharityEXPANSEEXRAllergy FinderFranko Is Freedom
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