Quote from: NILIcoin on February 10, 2015, 07:43:34 AM

When we come to asses the benefit of a decentralized system we are looking at the operation itself and not at how it was created.

Hi

This is a call to the old Tauchain community as a whole regarding the current state of the community of investors and what I see as the token's prospects in the future. As you can see I was probably the first member to come on board and to pledge for the project and chose to stay involved throughout the turbulent which involved a lot of drama. In fact at some point I was offered by Ohad to replace my Agoras holdings with bitcoins and refused. That is since despite all, I believed in the project and in the abilities of the people who lead it.

As you may know the project have split to two different projects, One that is still being lead by Ohad (newTau) and the other (AutoNomic) that is being directed by HMC and executed by two of the original developers @stoopkid and @koo. A few months ago I made a decision to invest half of my own Agoras to help finance some of the AutoNomic development, devoting 1/3 of the funds to develop the application to run on the blockchain and that will use the Agoras as it's utility token. This move was received with much suspicion and hostility from part of the community. and by Ohad himslef. However I see it as a great and unique opportunity to test the true essence of a ideas behind the Tauchain and the real power of a community which developed around the value of a token.

So from this point on I am operating on my behalf only. In other words. I dont care what Ohad, HMC or any of the others say or think, As long as they are whiling to accept my investment and my words on the thread and to carry on with their mission of reaching genesis so let that be. In practice, however Ohad is the owner of this thread and can delete my comments or delete the thread as a whole, but I think it will be a really unwise step to take as I am a part of the community. I believe also that each and one of you should make themselves heard here on this platform if you agree with me or if you disagree and feel that I am hurtng the Agoras holder interest. I also think that this as a social/economic experiment should be of much value to us all...and that value will be eventually expressed by the token value. which bring me to the last point here, the current state of Agoras tokens

Ever since the token been taken off Bittrex it was not able to recover . but worth it seems as if the trade throguh OpenLedger have been very problematic.Let me thus sum in details the current state of the token as summarized by another holder of the asset and was brought to my attention :

Quote

Technical aspects:
1) Agoras as it currently exists is an extremely problematic asset.
It's been 3 different intermediate tokens: OMNI #35 Agoras Tokens; OMNI #58 IDNI Agoras; and now Open.AGRS.

OMNI #35 no longer exists, because Ohad accidentally gave half of all the tokens to a "hacker". (CA problems)
OMNI #58 is no longer exchangeable. When it was last exchangeable it was for Open.AGRS. Open.AGRS shut down their exchange gateway ~2 months ago but the Tau team isn't presenting this information, on the BitcoinTalk thread everybody's still saying you can trade on Openledger, which is true, but it's trading Open.AGRS which is a different asset from OMNI #58. You can't sell OMNI #58 anywhere. Further, what's been said on BitcoinTalk is to buy Open.AGRS, but this isn't buying OMNI #58, you can't withdraw Open.AGRS for OMNI #58.

3 intermediate tokens, none are exchangeable and the latest two are misrepresented (accidentally or otherwise), and last one existence entirely at the discretion of the CA Openledger..

Meanwhile, the only thing that's really made public about Ohad's definition of Tau is that it keeps changing. I'm not sure what "Agoras" even "is". How can we really say that the future value of Agoras on Tau is backing the value if we don't even have a definition of Agoras or Tau? He really hasn't put out very much content (blog-posts or code or math) to demonstrate whatever ideas he has.I try really hard to give the benefit of the doubt, but I certainly don't think that Agoras markets are something we can count on happening on their own.

At this point it seems as if that is indeed the case and this should be resolved by the NewTau team. So at least any holder of the omni asset #58 can exchange to Open.Agors asset, At this point I also feel that the Openledger platform is in fact a trust based platform and is in power regarding the creation and manipulation of the original Omni #58 asset. its almost worse than a centralized exchange. In short Agoras Holders who did not exahanged to Agoras.Open. are forces into a "Hodle" state of affairs for the time beings and as such should recalculate their steps and invest effort in the community if they still believe in the project as a whole.

I am planing to write more extensively next time presenting you with both forks of the Old Tauchain, NewTau and Autonomic , and give you some insights into the actual development and what it will still take to get to genesis. However for the relly clever ones here, I think that you can see that the tau have been up and running as a social/value network ever since the first day that it was conceived . and that the actual real genesis accrued when we joined to create it. It is important to note that all along and since the beginning HMC is rejecting the tokens sale as part of the development practices and never agreed to take any of it to himself or be reworded with bitcoin on his work . Aslo as agreed by both him and Ohad , the rootchain can not be tokenized , only the applications above it.

I dont know if this post will be able to stay on the air on this thread but so far Ohad did not censored any of my comments as difficult as they where for him to accept. Also important for me to state that I trust Ohad in terms of making his best efforts to bring this project to it genesis moment and beyond to see it succeed. He is a very honest person and very capable as well, ans so is HMC and his devoted team. This social experiment as a whole is something you all should be excited about. I do believe that it have a chance to bring great value to us all (including great financial value ) so "Hodle" on and step up your social involvement and by no means do not expect me to lead you anywhere, I am an anarchist! and an artist (an anarchist will never say "after me"", its against everything they stand for, and an artist dont need you in order to do her work).
Love and Peace (The optimists.)