Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
DecentralizeEconomics
on 04/12/2016, 04:58:56 UTC
The one sided picture I see largely being painted here is simply wrong.

Many investors, including myself, bought into a revolutionary design of a provably correct, provably private, provably secure internet based on the formal asynchronous process calculus.  The internet is after all a network of asynchronous processes and process calculus it the right tool to constrain its behaviour.  The Dor is apparently diverging from that vision.

During initial development, deficiencies were discovered in achieving all the goals of synereo. Greg had been overly optimistic about the utility of his legacy code. Plus it was clear that existing blockchain technology could not scale the network as originally envisioned.  With full support of the community effort was diverted from alpha to the development of the Casper protocol and RChain which would have far greater utility for distributed applications generally than the original design.

Investors in this round were sold the RChain solution and many are angry that Synereo is changing its course now that the funds are in.

The second fallacy being propagated here is that Greg is incompetent and cannot deliver working code. Greg is an outstanding computer scientist who constantly produces working code that often runs the first time without error. He has been doing this in hangouts weekly. He has an open coding style under the constant scrutiny of other professionals. He often amazes us.

It is true the alpha has problems. It has served as a great proof of concept and all the basic capabilities have been tested individually.  It has not been Greg's major focus since the decision to rearchetect a solution. But that he has not delivered anything is total garbage.  Dozens of community members have run nodes and is supporting publically accessible community nodes. It is expected key issues will be fixed soon.

Listen Jim, let me start out by saying this... Personally, I thought, before this, you were a decent guy.  I don't know why you've sided with Greg and his bullshit.  Everyone though needs to be aware of this...

You're a very small investor.  I remember you saying in one of the hangouts that you didn't have $1k USD to invest in AMPs.  Now, that's ok.  Not everyone has significant capital they can allocate, but let's be honest here though.  Some of us have a significantly greater amount of AMPs than you do.  I know several guys, including myself, who have substantial amounts of AMPs and/or Synereo LTD equity.  Much, much more than a few thousand USD worth.  I purchased my AMPs way before Greg ever mentioned his RChain vaporware.  We purchased our AMPs because we believed in Dor's vision for a decentralized, open source, free speech social network and his leadership abilities.  It was only much later that Greg announced his desire for RChain.  It was after we committed our funds.  I'm going to be frank here.  I talk with these guys all the time.  We are all sick and tired of Greg's bullshit.  Greg consistently at every turn is attempting to debase and undermine AMP holders and Synereo LTD equity investors.  As we all know, he does this through a variety of methods including stating that RChain has to be separate from Synereo, declaring that AMP exclusivity is off the table for RChain, refusing to acknowledge AMPs as a native token, attempting to split the Synereo development team for his personal political motives, not committing to reasonable time deadlines, etc...  I could go on and on.  The last straw for us all was him leaving Synereo to form his "RChain cooperative" and then attempting to blackmail us all for over $2M USD and half of all the AMPs "minimum" as he puts it.  Who does Greg think he works for?  Obviously, he doesn't think he works for AMP holders or Synereo LTD equity investors, so why does he think he deserves our funds?  Greg's stated multiple times that he can get funding for RChain, so I suggest you tell Greg to go get funding from someone else who is willing to put up with his goddamn bullshit, because he's not going to be getting it here.  I don't know where you get off either Jim, because it is, US, the AMP holders and Synereo LTD equity investors who make the AMPs that you want for bounties worth anything.  Let this be a lesson to all... Don't bite the hand that feeds you.