Please direct all business to Wesphily - Important -
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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.
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[quote name=“radryan” post=“23370” timestamp=“1374955949”]
Don’t freak out people things are going to be just fine.
[/quote]So, you’re saying you’re dumping all your coins now?
[sup](it’s a joke, lighten up)[/sup]
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[quote name=“Aldanga” post=“23341” timestamp=“1374943065”]
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.
[/quote]Yep. There’s ZERO need to build out infrastructure prior to growth demands. Doing anything else is just throwing away money.
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[quote name=“Kevlar” post=“23406” timestamp=“1374978275”]
[quote author=Aldanga link=topic=3014.msg23341#msg23341 date=1374943065]
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.
[/quote]Yep. There’s ZERO need to build out infrastructure prior to growth demands. Doing anything else is just throwing away money.
[/quote]I’m not sure on this as I’m not really involved but it’s most likely for compliance reasons. I’ve worked on many secure systems where the infrastructure must be located on separate physical hardware for security reasons (so now where talking dedi’s instead of vps/cloud) and more often than not, in a locked cage in a separate area of the DC. Additionally they may need separate physical firewalls to isolate the different tiers of the system. Long and short, they likely need their own rack (or half rack) in a DC and I KNOW that aint cheap.
Again, I don’t know this for certain but it’s just based on MY experience with secure systems. I’m unaware of the compliance requirements for the bridge.
Now, we are wondering rather far from the original topic so can we please bring it back on topic or start a new thread.
Thanks
Nut
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[quote name=“Nutnut” post=“23486” timestamp=“1375051637”]
I’m not sure on this as I’m not really involved but it’s most likely for compliance reasons. I’ve worked on many secure systems where the infrastructure must be located on separate physical hardware for security reasons (so now where talking dedi’s instead of vps/cloud) and more often than not, in a locked cage in a separate area of the DC. Additionally they may need separate physical firewalls to isolate the different tiers of the system. Long and short, they likely need their own rack (or half rack) in a DC and I KNOW that aint cheap.Again, I don’t know this for certain but it’s just based on MY experience with secure systems. I’m unaware of the compliance requirements for the bridge.
Now, we are wondering rather far from the original topic so can we please bring it back on topic or start a new thread.
Thanks
Nut
[/quote]I’ve done similar work but we’re talking hippa, sox, or pci compliance. Along with fault tolerance management. Though since this is crypto wouldn’t they be making the standard? Their best guess?
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[quote name=“wesphily” post=“23487” timestamp=“1375052990”]
At least this wasn’t a boring transition.
[/quote]+1
