Post
Topic
Board Altcoin Discussion
Re: Delegated Proof of Stake (DPOS) White Paper by Daniel Larimer
by
Fernandez
on 10/05/2014, 06:20:58 UTC
When I said counterparty equivalent I meant something with a fair distribution. If you see all the next generation projects you find the underlying theme, greed of the developers. I think developers should be greedy but they shouldn't be dishonest and try to claim they are not. NXT, MSC, Ripple, Ethereum has all shown this tendency and Bitshares is following the same path.

You all awarded awarded yourselves all the Bitshares X 2-3 months back even though there is nothing there even now. Why would you do that, except to maximise your share? You have a silent fundraiser with your buddies, award yourselves all the shares and now say keep donating to us in the hope that some others will honour it and you will get something.

I don't know if you all seriously believe in what you seeing. It would be difficult for you to realise the con your developers are pulling out because you all will profit a lot from it. You all are doing your part now by trying to promote now. In the past few weeks I have heard quite a bit about this DPOS, and it seems thats because you now need others to know to increased demand.

I think you will find that clones/copies that try to cut out the people that made this happen will not be a good investment.
Let me know if you have questions.

clones/copies which aim for a fair distribution and don't aim to award themselves everything with an underhanded distribution will be a good investment. I am not saying there will definitely be a counterparty equivalent, but I will be fully behind one if it happens.

As I said, good luck with your project. It is very innovative and has the potential to show a viable alternative to the cartel which is ruining Bitcoin. Its just sad that you all fell into the same greed trap.