Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Catcoin - NEW THREAD - FORK INCOMING AT BLOCK 21346 - Scrypt MEOW!
by
Maverickthenoob
on 03/02/2014, 23:16:33 UTC
ENOUGH. Everybody take a step back for a second. Dev team included.

A little (blatantly obvious) honesty: The current algorithm didn't work as well as we planned, but to those of us tearing us apart for it, I didn't exactly see any of you lining up at the door with any of the simulations I'm seeing now. I would have put a stop to this before we even released it if we had, or at least tweaked it some more to make it less (over)reactive.

I need you guys to all stop and take a breath and open your minds to solutions, and by all of you I mean ALL OF YOU, my team included.

This is the situation we can't control now, we released the fork, it's done, the coin arguably functions better than it did before, because at least now the confirmations don't full stop for 4+ days at a time. This is critical to the survival of this coin, and buys us time. I'm not happy this didn't solve the problem, and releasing a band-aid wasn't really the goal, and guys honestly, that is somewhat on me. I'm sorry I let you as a community down. I really am. I have a lot going on in my life, I'm getting married next week and I've been ill for the majority of this week. It's not an excuse, but merely an explanation. Please remember that I'm human and my team is human, and we had to pick this coin up quickly in less than ideal circumstances. We've established roles, and everybody is aware of what they contribute. Lessons were learned during all of this, so please, it was all part of the process. I'd like to think that we have one of the most active dev teams of any of the coins out there, that's got to be worth something. We also have one of the most active and vocal communities out there, and that is definitely worth something.

Now is not the time to tear each other apart over mistakes that were made though, I can't do any more but apologize for what happened. I can promise you I will do better and my team will do better in the future. But, we need your support, and we need some of the expertise that has shown up in the past 24 hours. It's just a fact of life, I said when we built this team we were always looking for more talent. We still are, and always will be. As an example of this I recently added Johnny_non to our team, who I don't think anybody can argue with has done an UNBELIEVABLE job turning around our PR front and websites. I'd like to take a moment to recognize that dedication, because it's been extremely important. He's got some cool shit brewing in the wings too that will be discussed here soon. The Oprah thing is absolutely huge for us. I can't stress that enough.

As for our coins future, enough bickering, bickering and name calling is not productive, one thing is for certain: this coin's community certainly does not lack in color and contrast. We have several options in front of us, and we're looking for more.

Yes, the Gravity Well is one of them, hozer's concern revolves around the floating point numbers that the algorithm uses to calculate difficulty. He can get into his concerns if he wishes. That algorithm is by no means off the table, however.

envy2010 and kuroman, and strelok have provided very detailed feedback which I've been looking through at length. I think the solution is in front of us, we just need to AS A COMMUNITY decide what direction to take this coin and what we feel the best approach will be to resolve this once and for all. We have bought ourselves significantly more time with this last fork, obviously it's not ideal, but it still functions as a coin.

I hope that perhaps everybody can take a step back and breathe and stop fighting like cats, and that a calm level head will provide us with a permanent solution that takes this coin to the next level.

Thanks for your time.

Kevin McCurdy