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Re: GAW / Josh Garza discussion. Paycoin XPY CoinStand Mineral. ALWAYS MAKE MONEY :)
by
miaviator
on 20/04/2015, 04:05:15 UTC

Well thanks for the compliment (I think? lol).


So explain to me because I am apparently ignorant of what a prime controller really is, is it not basically a hyperstaking wallet set to stake well beyond the 5% (100% to 350% at compounding interest)? A wallet with an address attached to it? And there are what, maybe 50 of them in existence (which can be accounted for in the core code)?

This is the assumption I am going off of, I'm not a developer but I certainly understand the fundamentals of mining and networks, PoW and PoS. To me, and again maybe I do not understand the core code of paycoin, but one can use snippets of LukeJr's code to blacklist those prime controllers to "destroy" them. This is just one of a few ways to deal with the situation.


Back to your main concern, there is the blockchain which you have personally and vigorously linked to multiple addresses belonging to GAW/Josh. Also Crypsty has information on those wallets, and with the proper leg work and perhaps persuasion they could release that information of their internal addresses to a blockchain investigator and potentially be backtracked to GAW addresses(depending on how their back end architecture was done). There is also emails which dictate certain addresses belong to GAW/Josh.


There are many ways to get the information, you of all people should know that considering how well you have been following the blockchain. There are also ways to vet the information as well.


If I am wrong, please let me know. I would be curious to know if there are any wrong assumptions here.


EDIT: Whatever is done to try to fix will never be perfect and I understand that, but there are ways to attempt to fix things as best as possible.

The issue at hand seems to be that several individuals are still afraid of GAW/Josh and yield to his threats.   Let's be clear the fear is likely of the, alleged, guerrilla tactics employed by Mr Garza.  Your idea is a decent as it allows the community to fork the coin for its own benefit.  At bare minimum the Prime Controllers which currently serve no purpose could be removed.  

If the community, paycoin community not bitcointalk community, wanted a decentralized coin they would at bare minimum demand stake rates be set to near zero and all primes be burned now or at the end of the current round as well as demanding a rebranding of the coin.