Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PHS][PoS] PhilosopherStone | PoS | NoPremine | 10month fair distro | 1.6.3
by
tokyoghetto
on 01/06/2014, 19:20:33 UTC
Great to see the explorer working, thanks to all donators & creators...


But it raises some questions:

- Why the richlists number #1 address (scary >6%) can not show up in more detail?

That could be an exchange wallet, most likely Cryptsy. Unicks block explorers won't show all the transactions if there are too many, its a drain on the servers resources. He has made this public before.

- Why took it longer than 2 weeks for collecting 2k for the explorer while a few addresses are simply joking on such amounts?

During the time we were collecting the bounty, Cryptsy was losing coins on withdrawals. So it was hard for people to contribute. I know alot of people wanted too, but didn't want to risk cryptsy sending their PHS into the abyss.

- Why big holders think a coin can grow just by watching little ants doing all work without proper funding?

Most people want something for nothing. they are not willing to spend the money to help the coin grow

- Why beside me (= not rich at this time) nearly none of you did donations for development?

I can only speak for myself, I spent 750 PHS to make the richlist/block explorer happen. I also suggest a few ideas to Palmdetriot to help add value to PHS.

- Why are crypto investors so extra silent and lacy, just compare it ie. to the venture-scene?

Most are just children with no clue as to what they are doing. Barrier of entry to the altcoin game is next to none. Expect children and uneducated investors to make up the core of the altcoin scene


Ok, these are issues relating to all altcoins, now they are visible at PHS too...

For PHS i can only suggest: all owners with more than 1% of the supply donate asap to a verified dev address, as much you never did before, otherwise this stays as a cheap game like all altcoins do.

I know, my communication is sometimes far from optimum, but without aiming critical points, progress can not happening - peace.