This is going to be a long post
The TRC Foundation has only a few very part time volunteers and me.
The people we have paid on a by project basis have helped out a lot, but eventually they want to stop answering questions and helping out.
I dont blame them.
I ask for their help with new issues after they have completed the project all the time, and they dont get paid for it. Sometimes I send them a 1000 TRC from the donations address, but if they are on an on call basis (which is how it ends up working out) then they need a steady token income.
I mostly fill the donations address with my own profits from trading and a few people donate (Thank you!!).
We have talked about many different things that we need such as an Android wallet, an iOS wallet, a payment button and a new website, but no one has donated BTC towards that happening.
I work a more then full time job, and some days I only have an hour or so to spend on TRC just keeping up with basic correspondences and bitcointalk/reddit/website updates.
I will not give up on Terracoin and I with keep working towards improving it, but without help I see the future changes coming very slowly.
Which is why I think we have to implement the DASH management proposal/master nodes as soon as possible.
I need a team to work with to develop, market, and guide Terracoin.
They also need to get paid, even if it is a token amount.
Donations are not working so we have to move towards a model that brings in income from each block which either I am in control of, or that everyone is in control of.
I think a model that everyone is in control of will work better. Otherwise I could just shut down a project that has merit just because I dont agree with it.
Here is what we need.
DASH Proposals implementation
Monthly proposals to start after 3 months of master node adoptions (this will give people time to set up master nodes)
Web page with how to set up master node
Web page with master node totals and up to date info
Web page showing current proposals
Changes to TRC wallet I am suggesting
Proposal management and instant sent, no anonymous transactions.
Start at 10,000 trc per masternode and go down 1000 a month until a 1000 TRC (I dont think we should shoot for TRC being worth $80-$100, but more like a dollar or 5).
Maybe 30% vote total to get something passed which goes down 5% a month until 10%.
@johnwhitestar Your idea about a pay button would have probably passed. I actually thought of you when I was looking at DASH. Also, I understand your worry about people getting a bunch of other people to vote for something against their best interest, but that hasnt happened yet on DASH and that can happen on any system we implement. We also are on a tight budget to implement better options and we have no development team. Once we get the proposals implemented then we can work on sliding away from the DASH model.
@Hanzac I decided coin age wasnt a good idea when I read more about how each master node has to have a certain amount of DASH to run.
I have read everyones discussion about this, and I think this is the best option to gather quality team members to work towards a world where Terracoin is relevant and the most used cryptocurrency.
In support of this proposal and to continue to improve Terracoin, I just purchased the domain names terracoin.io and terracoin.net. It will take a while for the DNS forwarding to kick in.