Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] - The WhiteCoin Foundation - Community Planning & Discussion
by
amithus705
on 30/04/2014, 19:33:13 UTC
What exactly is the 'WhiteCoin Foundation?' What do they do? Arguing about who's going to jail for trolling isn't really providing potential investors with much information.


Any coin "foundation" is meant to develop the coin, get proper info out, add services and features to the coin, fix issues, gain acceptance in the market.

By foundation, it's usually a community appointed group that is like an elected body to handle the day to day operations of a coin. Not unlike the BTC foundation and other foundations, WhiteCoin started as one person's idea, or a group, but is now moving toward control by the general population through an elected body of representatives.

Yeah. Thanks for the definition of the word 'foundation.' That's helpful.  Grin

I was asking about what this particular foundation does? Why is this thread separate from the main one?

Sorry mistook your question. This thread is separate because the original founder of WhiteCoin messed up the wallet so when the PoS cycle started, it never worked. Then he dumped his pre-mine like a dbag and ran. Mogonzo has taken over the temp role of dev with the help of HoneyBadger from CGA that's been re-writing the code for the wallet. If you haven't noticed the other WC thread is almost 400 pages of crap, fud, fighting etc... This thread was started to have news and info about WhiteCoin and what the foundation is doing on making the coin move forward, but as you can see, without a mod, that is failing at this point.

I would like to be a mod and support the team, where should I start? I don't have a fancy rep, if that is what the devs are looking for - but I got the time and I'm always reading in both threads anyway.

You will want to PM Mogonzo. I have no control over this.