Let me be clear about POS.
When ziggy coded the coin, he and i both were under the assumption that pos was active.During the 3 phase wallet update i found out from the dev that POS was dormant (sleeping) and would be activated in 6 years after all mining was complete.
Then he found a way to give everybody the POS they had saved up into the past,so we could track who saved what ands still pay everybody....The reason we did not communicate this was becasue the old team was falling apart, and we could not take another reputational hit...So if all goes well, everybody will recieve all the pos they saved up.
If it goes wrong , blame me. dont blame the new guys.What they say is true, they have to start where we left off....they have to fix the issues of the last guy,just like in politics.
SInce they took over many great things have already happened, and its only been one week.I am fully behind my decision to give total control to them.This was the best thing to do for the coin.These are professional buisnessmen and entrepeneurs and they will treat the coin as if it was a real buisness...
Dont blame them for things in the past , and give them a chance and room to operate.Forget the past and focus on the future.
I apologise for things that have happened, although they were not completely my fault.im not going into who did what again since throwing sand in peoples eyes is not my style....
Lets all come together as a community and make this coin a succes.There are a group of people here with the same names,and i am very very proud of them.We have hit the bottom, and you guys never left!
I feel so proud to know a group of people that stuck with this coin , when everything failed.YOU are the guys that deserve to benefit from it....
I truly believe that after all the bad things that happened to this coin , it can now make a fresh start with the new team!
michael
Michael, thank you for clearing the air and setting the record straight. Your apology is accepted and appreciated. This demonstrates the kind of leadership that UTC needs and deserves and I wish you well going forward.
As to the other new community members that decided to attack me for my valid questions, I will not respond.