[ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure

[ib88]

Synechist, Dan is deleting legitimate questions from fellow XC community members:

Dan stated: "For utility I believe the decentralized VPN is its main goal over an anonymous coin, maybe I will just take the VPN tech and put that into XC"

To which I asked: "Why would someone invest in utility coin if you can implement their innovations into XC?"

I think that is a legitimate question which didn't warrant deletion. Dan's nazi-moderating of the XC thread isn't doing much to appease the concerns of the XC community.

[WhiteNotWright]

I like it when the trolls find their exit nodes...

[synechist]

SynEbonics: another abusive post and you're out.

Longenecker: I will now request permission to prove what I've just stated.

No-one can stop you getting out, but that wouldn't make it less based on the facts.

Arlyn, you don't need permission to defend or prove anything.  But like I said, there is no rational defense for this decision.  

I don't think you're in a position to tell what the most rational decisions are here. You'd need to be on the inside for that.

But maybe I can help.
- It would be awful for the community around the coin for it to be abandoned. We get that. Projects matter in their own right. It's clearly the right thing to do to step in and save a coin.
- The Blocknet has a lot of resources. We can help in ways that aren't normally possible.

[infinitechaos]

Fuck this.  I'm out.

Yay! Dump incoming!

[synechist]

Be empathetic Longenecker. You're pitting your interests against an entire community's, and saying yours win.

That's ridiculous.



Edit: for ethical reasons I DO need permission to publish any private conversation. I cannot prove my assertion above without first getting consent.

[Edraket31]

@longnecker: you sound like somebody who perfectly knows how to set up a coin or an equivalent of blocknet......why don't you go and create your own toy instead of trying to explain here what needs to be done?

[ib88]

Be empathetic Longenecker. You're pitting your interests against an entire community's, and saying yours win.

That's ridiculous.

That's the problem. From a potential investors viewpoint it looks like Dan is putting his own interests before XC's. XC receives no benefit to Dan's involvement with utilitycoin, in fact it reduces Dan's focus on XC. (Which blocknet is also doing). He's gone from overseeing one project to overseeing 3 projects in the space of a month. Can you not see why XC investors are concerned?

[Edraket31]

@longnecker: you sound like somebody who perfectly knows how to set up a coin or an equivalent of blocknet......why don't you go and create your own toy instead of trying to explain here what needs to be done?

How much Util do you hold?  Posting history reveals a lot, you shill.

Anyone with a mind that can reason will be sympathetic towards my concerns.

It doesn't matter if I hold util or not.....my point is that you should stop screaming what somebody else should do. You start crying without knowing the real reasons why Dan Metcalf decided to support util, you don't know how/what he is going to do, how many hours he will spend on that and what might be the advantage for XC or Blocknet.....no, you immediately start crying and supposing a lot.....

[WhiteNotWright]

why is it trading below ICO price?

It is market ..bro.  Only weak hands.

Just buy more. 

After they release.
Every shitcoin without access to blocknet gonna die....

+1 nailed it.

[g0re79]

Be empathetic Longenecker. You're pitting your interests against an entire community's, and saying yours win.

That's ridiculous.

That's the problem. From a potential investors viewpoint it looks like Dan is putting his own interests before XC's. XC receives no benefit to Dan's involvement with utilitycoin, in fact it reduces Dan's focus on XC. (Which blocknet is also doing). He's gone from overseeing one project to overseeing 3 projects in the space of a month. Can you not see why XC investors are concerned?

Furthermore they get enough cash via IPO to hire few code masterminds to take care of dying coins

[WhiteNotWright]

Please stop swearing.

[The-C-Word]

So, just trying to confirm what Dan stated in the new XC thread, he won't be developing for UTIL but finding a fitting lead dev for that project?

[g0re79]

Be empathetic Longenecker. You're pitting your interests against an entire community's, and saying yours win.

That's ridiculous.

That's the problem. From a potential investors viewpoint it looks like Dan is putting his own interests before XC's. XC receives no benefit to Dan's involvement with utilitycoin, in fact it reduces Dan's focus on XC. (Which blocknet is also doing). He's gone from overseeing one project to overseeing 3 projects in the space of a month. Can you not see why XC investors are concerned?

Furthermore they get enough cash via IPO to hire few code masterminds to take care of dying coins

That is NOT how ITO funds should be used... seriously?

AFAIK ITO was meant to be used to fund development, as Synechist reply to one of my questions "Fund first, code later". For what else it have to be spend?? There are just few lines of code yet..

[ib88]

SynEbonics: another abusive post and you're out.

Longenecker: I will now request permission to prove what I've just stated.

No-one can stop you getting out, but that wouldn't make it less based on the facts.

Arlyn, you don't need permission to defend or prove anything.  But like I said, there is no rational defense for this decision.  

I don't think you're in a position to tell what the most rational decisions are here. You'd need to be on the inside for that.

But maybe I can help.
- It would be awful for the community around the coin for it to be abandoned. We get that. Projects matter in their own right. It's clearly the right thing to do to step in and save a coin.
- The Blocknet has a lot of resources. We can help in ways that aren't normally possible.

Synechist, can you elaborate on all the resources that blocknet has? Dan will be coding the main infrastructure of the Blocknet, and Dan will be managing utility coin. I'm only hearing about Dan when it comes to Blocknet's resources. If another blocknet coin is in dire straits will SuperDan come to the rescue? At what point does it stop becoming Dan's responsibility to help out other coins?

[WhiteNotWright]

Seriously, please find your exit node. This forum needs to focus on the Blocknet, not your conspiracy theories and FUD starters.
You are now borderline annoying and this is your last warning for me.

[infinitechaos]

So, just trying to confirm what Dan has stated in the new XC thread, he won't be developing for UTIL but finding a fitting lead dev for that project?

I bet the "fitting" lead dev will be anonymous... aka, Dan Metcalf.  

Seriously guys?  Prom said in the skype logs that UtilityCoin was Dan's project.  Prom has admitted that that conversation was real.  And Dan has admitted that he has a relationship with Prom. 

DO THE MATH.

First of all, there is no math involved in what you're speaking about.

Second, in order for the BlockNET to work as envisioned, the features need to be spread out amongst different blockchains/coins.

There is thus an incentive for the BlockNET to keep UTIL's features in development.

Dan is already overseeing BlockNET. What is wrong with him overseeing UTIL?

This is about collective success. No coin left behind.

If you take the hype, fear, and paranoia, out of your argument, you have none.

[tempus]

@longnecker: you sound like somebody who perfectly knows how to set up a coin or an equivalent of blocknet......why don't you go and create your own toy instead of trying to explain here what needs to be done?

How much Util do you hold?  Posting history reveals a lot, you shill.

Anyone with a mind that can reason will be sympathetic towards my concerns.

It doesn't matter if I hold util or not.....my point is that you should stop screaming what somebody else should do. You start crying without knowing the real reasons why Dan Metcalf decided to support util, you don't know how/what he is going to do, how many hours he will spend on that and what might be the advantage for XC or Blocknet.....no, you immediately start crying and supposing a lot.....

Nobody has the right to tell somebody what he should do. Dan is a free man and he is free to earn some money for his work he does for other projects or helping them without getting paid or whatever reasons he could have. I won't know them for sure. But I sold my XC weeks ago because of his work for others. It's nothing personal because I'm serious with what I'm saying above. He is free to do it.

But... out of the Investor-perspective and knowing how much work it is to develop "just" one project I won't stay in any project if the Dev splits his time and energy. I'm watching XC and Blocknet closely, thought about to buy back in XC and maybe Blocknet as well, but... No.
And that's the right of every Investor. Everybody makes his own decisions. The market will reflect it in one way or the other. Maybe I'm wrong but I don't like to play roulette. And if it's FUD to point out the own perspective... there is something very wrong in Crypto.

[friendfromnobody]

It's funny how few supporters actually post in this thread.  It says a lot...

yeah and because of them the devs cannot work ,
only talk here and delete posts

[synechist]

Longenecker, your posts were deleted.

Here's why:

It is incorrect to think that you have some sort of say over what we do.

You don't.

Your complaining about the decisions of a professional developer is completely inappropriate. You are *not* entitled.

We are developing XC and the Blocknet. We have the funds, the team, and the time to do so.

How we do it is up to us. You don't get a say.

Buy, sell, and converse constructively. *Do not* bitch and complain here, ever.

[ib88]

Be empathetic Longenecker. You're pitting your interests against an entire community's, and saying yours win.

That's ridiculous.

That's the problem. From a potential investors viewpoint it looks like Dan is putting his own interests before XC's. XC receives no benefit to Dan's involvement with utilitycoin, in fact it reduces Dan's focus on XC. (Which blocknet is also doing). He's gone from overseeing one project to overseeing 3 projects in the space of a month. Can you not see why XC investors are concerned?

Furthermore they get enough cash via IPO to hire few code masterminds to take care of dying coins

That is NOT how ITO funds should be used... seriously?

AFAIK ITO was meant to be used to fund development, as Synechist reply to one of my questions "Fund first, code later". For what else it have to be spend?? There are just few lines of code yet..

No. The ITO is to be used to fund development of the Blocknet only. Development of any one participating coin does not aid development of blocknet so would be astounded if funds were spent this way.