Please direct all business to Wesphily - Important -
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[quote name=“svennand” post=“23218” timestamp=“1374860404”]
are you accusing me of pump&dump?
[/quote]Sorry, no. Did not read your post (no offense). I’m addressing the Justabit leaving situation, as everyone I’ve talked with is as well.
This has created more investor panic than perhaps some realize. There are big holders ready to bail unless something positive happens with FTC (within days? hard to tell).
Justabit was the voice of FTC. Half the n00bs think he’s “the dev” or the guy “running the show” or the “main guy”. Which he was for many of us as well, but in a different way.
But if you don’t hang out in this forum all day, you have a different outlook on this situation right now and it’s not a good one.
No offense to Bush, but we rarely see him post anymore because he’s coding (as he should be).
[b]Justabit is FTC[/b] to all outsiders. Keeping them convinced everything is ok is not going well. They are beginning to believe the “[s]scam[/s]” cries as the deadlines pass.
Hence, my joke about using this as a springboard.
Hey some people here openly called for a price manipulation and meant it, so don’t get on me for joking about using a real situation to our advantage. ;)
On a real tip … don’t be surprised if some big sells happen within a week. So be ready to buy!
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sorry tuck, im a bit trigger happy when i get cornered ::)
you struck a nerve that is actually one of my key points(your last post)
but as i said. bad timing to post such a seriouse post, then the daily
choirs catch up with you and your not able to finish your statement/discussion :PI’ll be back!
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Heres my case:
Regarding todays announcement:
Justabitoftime was/is for now? Our leader. He has spent an incredible amount of time setting up feathercoin to succedd. What his primary focus has been is the relation devision, this involves the expanding of United Open Currency Solution (UNOCS) which included the cooporation between three coins; Feathercoin, WorldCoin and Phenixcoin.
I do not exactly know how everything was in the «inner circle of personel», but from an outsiders perspective justabitoftime has had the main lead to get allians together.
In many eyes, he is the «face» of feathercoin (yes he has done such a great job)Once again i state that he has had alot of personal sacrifice regarding donating his own time to this comunity. And for that i thank him, and are gratefull.
Theres two things that i DO NOT agree with however.
1. The donation rally to send justabitoftime to the bitcoin conference to represent feathercoin(and unocs as far as i understand). I personally donated due to the fact that i felt justabitoftime is an excellent representative of feathercoin. I know that he still will be there, but the bubble has kind of bursted regarding he’s solidarity towards his primare objective feathercoin (1. feathercoin, shared second wdc/pxc), at least from the comunity outside the inner circle. Guess the trollboxes are going in flames.
2. The Unocs launch was a dicaster, i think we can all agree on this. Until today the page continued to «show need just a couple of more hours» that has been there for several days…
If unocs delivers everything that it promise it will be EXCELLENT, but its really of to a shitty start. The launch was as epic fail as you can possibly create. We most likely lost a couple of good men on that launch alone (Kevlar u still here?)
AND by the way wesphily, ETA (estimated time to arrival), is not the freaking same as an fullsite countdown clock to «release», that last part is not an estimate. Its an statement! Here we are, this thing will be huge. Comming in xx hours!
which both got prolongen due to security issues (cloudflare? Really havent people though about this until the last minut?), and after the timer got to zero nothing happend? An hour later a begging picture came up wanting a couple of more days? People actually though it had been hacked. Thats how farfetch the incident was…given todays aggressive trolls we should at least have ddos protection for such an important site. That should have been on the todo list from the getgo!I do understand that you are tired and need a break justabitoftime, but i do think that announcing your resignment of the «throne» before the bitcoin conference event, AND before unocs has even gotten on air is a huge mistake seen from an investors standpoint. It does not show much confidence in the product (reminds me of typical bloopers delivered by microsoft/nokia…). Break ok, but dont announce it until after these two things are up and running/over with. But done is done.
Now over to the other part of the feathercoin community, the technical part.
Guess what, ONCE again we are under 51% attack (earlier!), People are freaking out on the forum, trollbox are trolling like a *******. How could this happen again? I have heared something about advanced checkpoints which sounds like something that would REALLY put feathercoin on the map. Where are we at with that? 50% done? Is it a team developing on it? Or are our faith solely resting on bushstars shoulders?
Pools are frequently having to increase their confirmation amount, people are not able to freely transport their digital value around without a hell of a wait. Miners and pool are getting orphaned blocks and lose alot of money. While the attackers are having a blast exploiting and making feathercoin look bad. The dedicated comunity are using countless hours on alternate forums/chats defending feathercoins from all the trolling (feathercoin is dead blablabla)I know that this happens to other coins to.
But one of the reasons i joined feathercoin comunity in the start, was because it wanted to be something else than just a cloned pump/dump coin. It was an active coin, one that wanted to be something else. It started as just an clone of litecoin, but with entusiastic dev and a hell of a pr person/team.
There were blod sweat and tears to get the diff down after that horrific instamine insident. But the faith regarding a solution on the matter (thanks bushstar for implenting the 41% rule!), was in our mind. we strived trough block for block at an excellent loss (my rigs cost me 600usd pr month alone in electrisity, not including the 10k investment in all the equipment, all the hours trying to get it stable (look for my bonfire histories=P ) ). The core team even chipped in from their private bitcoin stock. to boost the network hashrate
We all got through and i think the comunity felt that since we where able to survive this nothing could stop us and the coin would surely be a success.And we were separating us from the other «clones» by implementing something other didnt have.
Just a sidetrack here; WHY doesnt WDC and PXC implement similar feature, theres constantly cries for help due to stuck at high diff. I for one are tired of going to the aid, then in a day or two its the same problem. What about fixing the issue??? the solution is there for the taking.
I feel all the focus on feathercoin has been on the public relation part (you guys have done a great job, dont get me wrong), but i do think that the coin itself has been forgotten. We can still easily be attacked by jet another 51%…
I might be completely wrong since im not in the «dev team», but from an outsiders point of view, i feel left in dark. I do not know what to tell people when they ask me stuff about this. All i can say is that its being handlet, but i do not know when, or exactly how technically.
I also miss a more open source development, we are many people in this comunity with different skills, some may know java, others are experts in database or android/ios development. I miss an better way to have an overview of whats beeing developed at times. The hiearchy with key developers without communication to the rest of us on progress/eta/things needed to better handled. The way things work now is certainly a cumbersome and slow way to work. Some sort of development implementation should
be created.An example: you have a piece of software, lets take the one im currently are exploring, beeing able to easily mine from your browser using an java app (like bitminter for those who are familiar with that, its an excellent bitcoin java app) heres an example image of me mining towards bitminter pool trough their software:
[img]http://s21.postimg.org/urjk7pirr/Capture.jpg[/img]I think that such a software would really bring more average joes to the party!, this will especially benefit pxc since they rely on gambling. Most pokerplayers i know dont know crap about digital currency, but beeing able to play for “free” just by pressing a button on the computer would be a GREAT selling point.
Such software exist but only for litecoin cpu usage atm. I know java in some amount (been using it for 3years when going trough my computer engineering degree). It should not be that hard to make.
However for me to solely taking on this task i need to investigate exactly how the blocks are sent (scrypt, N r p values, the use of KDF, key stretching), i also need to make a frontend for display purpose, maybe some cool artwork (speedometer like bitminter, some logos etc.). I then have to create the socket connections for input/output stream between server side(pool) and client(miner)
i then need to create the engine behind it, methods to crack those crypted blocks, do i for example use lwjgl? And the list goes on.With an open development comunity someone could say, hey im no expert in java, but gui building that sounds like fun. Can i try it?, maybe some others say, hey i know exactly how the blockchain works, what you need to know? Instead of me using a month of research some helpfull soul has the solution right in front of me…
For larger project it could be broken down in parts and created smaller teams with that specific task, that has an certain amount of time to be completed. That way you could get the core up and running, and keep on adding features in the next month. Instead of one large ETA, you part it, you then get a much better overview of the «whole» and an more precice ETA will happen, if not then the program is still there. Just not with all the functions jet…
Theres alot of different models that could be used to get a better dev environment here.
One example are the Scrum model: http://www.youtube.com/watch?v=XU0llRltyFM
Or maybe Kanban?: http://www.youtube.com/user/axosoft?v=R8dYLbJiTUEThis will actually fix both issues regarding keeping the comunity in the loop,
and also it will create a more democratic comunity where the users are making decisions as to what they feel is needed asap and not in two months (Kanban function espesially regarding this)Im sorry if for falling completely of trail on some parts, but i think feathercoin can be so much more than it is today. I also feel that the pase/momentum of the coin is slowing down. Im not accusing either bushstar or other devs for slacking. I just feel that if we unite as an comunity we can acomplish so much more, and that involves sharing/keeping people in the loop more frequently, and or implement better solutions for people to participate/work together.
If you find any misspelling or some lines that just sound obscure its most likely written wrong=P it damn late and ive been working 17 hours straight… Just felt that i needed to post this before bed=)
heres some outtakes from btc-e chatbox which i just checked:
cosmo: FTC outta btc-e December 25th, merry christmas
LitecoinJudas: please remove ftc, its an eyesore.
millsdmb: lets fork ftc
LitecoinJudas: please fork ftc so we can get another crapcoin out of the picture please and thanksthis was within ONE segment of the chatbox. all i wanted was to see the current value of ftc (which still is the same)
I’ve tired off waiting, lets show em ******* that feathercoin is a currency worth having! -
your missing the point.
Thank you for answering regarding securing the coin, i understand that it has highest priority (and that is good to know). knowing that its functional and just needs some final editing for making it feathercoin friendly says alot more than an eta time.unocs was not a question, but referenced to display a better picture as to my explanation regarding justabitoftime and the general focus of feathercoin.
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I agree with svennand.
I’m not justabit’s biggest fan but he’s been good for the job. He’s just been pulled in so many directions by wanting what he thinks best for this online community. It can get tiresome and weigh you down. Been there and got that t-shirt. Doing something like this is a huge learning curve.
SO rest up justabit. Dust yourself off and get back into the game. You’ll hate yourself more later. Trust me I know.
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I know the Bridge is mostly if not completely a Phenixcoin project, and I appreciate them to invite us to this party. I’m trying to show how bad it looks to the outsiders. Something big was promised to come in one week and caught quite a lot of attention. Now people watch this circus (“a few bugs, a few hours, a few items”) and shit winds are blowing strong. If I was an independent investor unrelated completely to any of the partner coins, I could question ability of the alliance to execute properly this and any future project, therefore change my position from strong buy straight to reduce. That’s exactly what’s happening now. WDC is below 0.0001 BTC and PXC has just met 0.0003 BTC at Cryptsy. The Phenixcoin network is crawling at 20MH/s now. Actual block target is 30 minutes vs. 1.5 minute planned. It will take them a whole week to retarget. I raised my concern at their forum 4 days ago when their network was at 40MH/s and decreasing. It seems they don’t care.
[quote]I do understand that you are tired and need a break justabitoftime, but i do think that announcing your resignment of the «throne» before the bitcoin conference event, AND before unocs has even gotten on air is a huge mistake seen from an investors standpoint. It does not show much confidence in the product (reminds me of typical bloopers delivered by microsoft/nokia…). Break ok, but dont announce it until after these two things are up and running/over with.[/quote]
Correct. Not good PR move at this time.
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wesphily, you will make a great job to!!!
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[quote name=“wesphily” post=“23265” timestamp=“1374898211”]
[quote author=ghostlander link=topic=3014.msg23263#msg23263 date=1374893246]
I know the Bridge is mostly if not completely a Phenixcoin project, and I appreciate them to invite us to this party. I’m trying to show how bad it looks to the outsiders. Something big was promised to come in one week and caught quite a lot of attention. Now people watch this circus (“a few bugs, a few hours, a few items”) and shit winds are blowing strong. If I was an independent investor unrelated completely to any of the partner coins, I could question ability of the alliance to execute properly this and any future project, therefore change my position from strong buy straight to reduce. That’s exactly what’s happening now. WDC is below 0.0001 BTC and PXC has just met 0.0003 BTC at Cryptsy. The Phenixcoin network is crawling at 20MH/s now. Actual block target is 30 minutes vs. 1.5 minute planned. It will take them a whole week to retarget. I raised my concern at their forum 4 days ago when their network was at 40MH/s and decreasing. It seems they don’t care.[quote]I do understand that you are tired and need a break justabitoftime, but i do think that announcing your resignment of the «throne» before the bitcoin conference event, AND before unocs has even gotten on air is a huge mistake seen from an investors standpoint. It does not show much confidence in the product (reminds me of typical bloopers delivered by microsoft/nokia…). Break ok, but dont announce it until after these two things are up and running/over with.[/quote]
Correct. Not good PR move at this time.
[/quote]I don’t know their total expenses but, I do know that the infrastructure to host UNOCS Bridge is somewhere around $3,000.00/mo if not more. So PXC is paying this without 0 ROI currently. Also, this infrastructure is just for bridge. Who knows what it will cost to bring the other services online.
PXC cares. They are following through with a promise that they made which is taking time away from their coin. As soon as they are done with the bridge they will be able to refocus.
[/quote]That figure is a joke on wheels. Cloud computing makes such initial investments completely unnecessary and costs grow with USAGE. They don’t start high and stay low well after growth has outpaced capacity. It doesn’t cost $3,000 a month to host a piece of clip art and some HTML.
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[quote name=“Kevlar” post=“23285” timestamp=“1374915941”]
[quote author=wesphily link=topic=3014.msg23265#msg23265 date=1374898211]
[quote author=ghostlander link=topic=3014.msg23263#msg23263 date=1374893246]
I know the Bridge is mostly if not completely a Phenixcoin project, and I appreciate them to invite us to this party. I’m trying to show how bad it looks to the outsiders. Something big was promised to come in one week and caught quite a lot of attention. Now people watch this circus (“a few bugs, a few hours, a few items”) and shit winds are blowing strong. If I was an independent investor unrelated completely to any of the partner coins, I could question ability of the alliance to execute properly this and any future project, therefore change my position from strong buy straight to reduce. That’s exactly what’s happening now. WDC is below 0.0001 BTC and PXC has just met 0.0003 BTC at Cryptsy. The Phenixcoin network is crawling at 20MH/s now. Actual block target is 30 minutes vs. 1.5 minute planned. It will take them a whole week to retarget. I raised my concern at their forum 4 days ago when their network was at 40MH/s and decreasing. It seems they don’t care.[quote]I do understand that you are tired and need a break justabitoftime, but i do think that announcing your resignment of the «throne» before the bitcoin conference event, AND before unocs has even gotten on air is a huge mistake seen from an investors standpoint. It does not show much confidence in the product (reminds me of typical bloopers delivered by microsoft/nokia…). Break ok, but dont announce it until after these two things are up and running/over with.[/quote]
Correct. Not good PR move at this time.
[/quote]I don’t know their total expenses but, I do know that the infrastructure to host UNOCS Bridge is somewhere around $3,000.00/mo if not more. So PXC is paying this without 0 ROI currently. Also, this infrastructure is just for bridge. Who knows what it will cost to bring the other services online.
PXC cares. They are following through with a promise that they made which is taking time away from their coin. As soon as they are done with the bridge they will be able to refocus.
[/quote]That figure is a joke on wheels. Cloud computing makes such initial investments completely unnecessary and costs grow with USAGE. They don’t start high and stay low well after growth has outpaced capacity. It doesn’t cost $3,000 a month to host a piece of clip art and some HTML.
[/quote]That is a strawman Kevlar and you damn well know it.
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wesphily is justabitoftimes first choice, please support him instead of “fighting”
[b]
Maybe someone can list up what exactly causes the 3k$!
Further info if the price will rise if more services will be added; who will pay ut in the future ect. would bring some light in the dark.[/b] -
Justabit, enjoy your break from Feathercoin. Even the best couples need some time apart :)
Don’t panic!
Now is not the time to be doing anything grand until we have Advanced Checkpointing. There is a good chance that any promotion we put into the coin right now will be met with 51% attacks. These attackers have a lot of hash power and are very familiar with crypto coin software, as a result they have managed to launch some very impressive attacks on several coins, ourselves being the primary target.
Once we have Advanced Checkpointing in place we can get the fanfare going again. This will ultimately be a big win for us as again we will have faced a problem and will have come up with a technical solution to safe guard the future of our coin.
Advanced Checkpointing should be in final testing next week.
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[quote name=“ghostlander” post=“23263” timestamp=“1374893246”]
The Phenixcoin network is crawling at 20MH/s now. Actual block target is 30 minutes vs. 1.5 minute planned. It will take them a whole week to retarget. I raised my concern at their forum 4 days ago when their network was at 40MH/s and decreasing. It seems they don’t care.
[/quote]sigh. explains why I’ve spent 2 days mining PXC for 6.2 PXC. :(
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[quote name=“Bushstar” post=“23300” timestamp=“1374921757”]
Advanced Checkpointing should be in final testing next week.
[/quote]Someone setup the countdown page!
(or maybe not)
;)
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[quote name=“Bushstar” post=“23300” timestamp=“1374921757”]
Justabit, enjoy your break from Feathercoin. Even the best couples need some time apart :)Don’t panic!
Now is not the time to be doing anything grand until we have Advanced Checkpointing. There is a good chance that any promotion we put into the coin right now will be met with 51% attacks. These attackers have a lot of hash power and are very familiar with crypto coin software, as a result they have managed to launch some very impressive attacks on several coins, ourselves being the primary target.
Once we have Advanced Checkpointing in place we can get the fanfare going again. This will ultimately be a big win for us as again we will have faced a problem and will have come up with a technical solution to safe guard the future of our coin.
Advanced Checkpointing should be in final testing next week.
[/quote]wise words bushstar.
And yes i do agree regarding both the part with prioritizing the security of the coin, and also not to attract to much attention to us
(in that scenario i do think that the launch of unocs was at a really bad time. got attention, but no gain).i still feel that there needs to be some discussion regarding organisation of how feathercoin related app development are beeing handled.
As of now i dont think the forum system in its current state is effective. -
Remember, No-one is/was/will-ever-be the ‘leader’, this is a community driven open-source project, as justabit always said ‘if you think you can do a better job, stand up’ < this still stands.
It’s easy to sit back and say this/that and the other, if you want things done differently then it is simple; stand up, make a change and be counted.Not one person could of predicted justabits decision, and justabits decision is exactly that ‘HIS’ decision, if he feels he can better things for all 3 coins by taking a step back then so be it, I’m sticking with Feathercoin and that’s my decision, I’ll support whatever the UNOCS cooperative has to offer as long as it betters both Feathercoin and the Feathercoin community as a whole, this does make me a ‘leader’ it just means I stood up…
…Feel free to do the same.
As far as transparency regarding Feathercoin development, my particular project [url=http://smsaddress.info/]SMSAddress[/url] is currently in phase 2 testing and has successfully completed transatlantic transactions, the next stage is to get a few more US testers on board and then once testing it completed, release it. I will then work on an online merchant system or at least work with merchants on how they they can use it to accept Feathercoin as it will stand upon release. Then I will work on implementing it all into a viable POS system for use by high-street/real-world merchants.
As bush has already said he is working on the advance check-pointing system, which IMO is more important than any other projects being bantered about at present, as it will bring further strength and security to the coin and as a result bring further reassurance to the community, future merchants and general users of Feathercoin, that quite simply Feathercoin is ‘NOT’ just another alt.
I’m really looking forward to next few months to see what the community/developers bring to further enhance this project, as the last 3 or so have been absolutely amazing, all of this is considering the coin is still so young. 8)
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Thanks for the update UKMark. I agree with your thought process and am excited to see your finished product.
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thank you ukmark. for both your motivating speech and for leting us know what your project is coming along.
its nice to get some good information regarding you project(sounds really exiting! give me a shout if you need to test transaction possibility towards norway :) i will happily assist). -
To be fair to Kevlar, I believe he’s referring to services like AWS, which offer scaling on demand. It doesn’t make sense to pay several thousand dollars for infrastructure when you don’t have certainty that it will be used, especially when you’re not sure your product is going to be ready immediately.
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If there’s one thing I’ve learned in software development, it’s that you’re almost never done when you think you’ll be done. The ninety-ninety rule and all that.
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thx UKMark for your wise words, nothing should built up on single person, therefore if we all pull on the same string we support why we are all here - the success of feathercoin
wesphily is a important part of US, and if justabitoftime respecst his work we all should do as his follower.
