Well said.
I have to say it's just like with MultiMiner it is made and upgraded and supported by nwools. All he asks is the 1% and he has provided tons of technical support and actually supports BFGMiner Scrypt support as well. He is also working hard to support some new hardware for us all too.
With MMC we have several developers and yvg1900 has been doing the same thing with YAM. He even helped me tweak my setup today. I have no issue with the donation mining as he keeps supporting and developing the software and helps the community directly when help is needed.
YAM literally improved my hpm from .330 to 1.4-1.7 hpm. That really was a feat that doesn't happen by accident.
It also is not hidden anywhere the donation mining is very upfront.
The pre-mine has been used to help charities and even community members get things done. This does not happen on other coins. Paying people for their effort above and beyond just mining helps bring more to the community in the way of talent and quality and speed of work.
I was skeptical at first myself but with everything being in the open and people working and supporting this coin has really made me believe in it.
It's a great community and an excellent coin.
I have to say it's just like with MultiMiner it is made and upgraded and supported by nwools. All he asks is the 1% and he has provided tons of technical support and actually supports BFGMiner Scrypt support as well. He is also working hard to support some new hardware for us all too.
With MMC we have several developers and yvg1900 has been doing the same thing with YAM. He even helped me tweak my setup today. I have no issue with the donation mining as he keeps supporting and developing the software and helps the community directly when help is needed.
YAM literally improved my hpm from .330 to 1.4-1.7 hpm. That really was a feat that doesn't happen by accident.
It also is not hidden anywhere the donation mining is very upfront.
The pre-mine has been used to help charities and even community members get things done. This does not happen on other coins. Paying people for their effort above and beyond just mining helps bring more to the community in the way of talent and quality and speed of work.
I was skeptical at first myself but with everything being in the open and people working and supporting this coin has really made me believe in it.
It's a great community and an excellent coin.
Dwarfpool takes 2% fee, no idea why everyone sticks with the 3.5% fee pools.
I agree that the sentence from the readme may be misleading, it means that there's a message when mining for developers but could be understood differently because of the word activated.
Nevertheless, yvg made a great effort with his miner and basically threw gpus out of the game. He used the 1% fee approach with protoshares already.
Of course everyone would prefer an open source miner without fees, but that's his way to do it.
There's another closed source miner taking less (https://bitsharestalk.org/index.php?topic=2042.0), but it's a bit slower. And the open source miner is free, but really slow on new processors (while my old laptop got twice the hpm with it compared to yam...0.36:0.18
)
The premine went to a lot of different people, not only developers. In fact the beta (where the so called "premine" was done) was public.
And finally, calling the voting system a dictatorship is ridiculous when only 5-9% of all coins are actually voting (even less in the beginning - for example 1-4% at block 600: http://mmcvotes.com/block/600 ) and there's only one or two real candidates for all the positions.
FreeTrade decided to keep out of the voting process a long time ago, there's a discussion going on at the moment if he shouldn't return to use his vote because of the low participation (an officer who officially resigned is still in office, the - new and only - other candidate catching up slowly). Currently ft's vote goes to the spoil addresses and doesn't change anything.
There's a lot of fud out there, but don't believe everything you read.
I agree that the sentence from the readme may be misleading, it means that there's a message when mining for developers but could be understood differently because of the word activated.
Nevertheless, yvg made a great effort with his miner and basically threw gpus out of the game. He used the 1% fee approach with protoshares already.
Of course everyone would prefer an open source miner without fees, but that's his way to do it.
There's another closed source miner taking less (https://bitsharestalk.org/index.php?topic=2042.0), but it's a bit slower. And the open source miner is free, but really slow on new processors (while my old laptop got twice the hpm with it compared to yam...0.36:0.18
)The premine went to a lot of different people, not only developers. In fact the beta (where the so called "premine" was done) was public.
And finally, calling the voting system a dictatorship is ridiculous when only 5-9% of all coins are actually voting (even less in the beginning - for example 1-4% at block 600: http://mmcvotes.com/block/600 ) and there's only one or two real candidates for all the positions.
FreeTrade decided to keep out of the voting process a long time ago, there's a discussion going on at the moment if he shouldn't return to use his vote because of the low participation (an officer who officially resigned is still in office, the - new and only - other candidate catching up slowly). Currently ft's vote goes to the spoil addresses and doesn't change anything.
There's a lot of fud out there, but don't believe everything you read.