I am a member of the foundation. I have not posted here often but felt I had to after Virtuallann's resignation. In my last post I extended him a level of professional respect. I disagreed with his conclusions and strongly disagreed with his approach. Since then, I have become dismayed and puzzled about his actual intentions. If someone is duplicitous I don't want to give them more attention. So I won't. With this post I hope to provide some context that sincere people can use to form rational judgments.
The Foundation: When someone says they are 'resigning from the Foundation' it helps to know what they are resigning from. The Foundation consists of investors, miners, and creative people who have a common interest in the prosperity of CAIx. The group includes large, medium, and small CAIx holders. No single person has the authority to speak for the project or make unilateral decisions on its behalf. No one on the foundation is paid or compensated in any way. The influence of the Foundation derives from listening to the community's concerns (indeed feeling the same concerns directly ourselves), speaking with the developers, and consulting with Stuhlman. Ultimately the Foundation is a group of volunteers with the self-same interests of every other CAIx holder. We look for creative ways to promote the coin and, when possible setbacks arise, we explore ways to transcend the problem. I believe this is what every CAIx holder would want.
Stuhlman: As a matter of basic respect I will not say more about Stuhlman than is available to my direct personal experience and the public record. I have spoken with Stuhlman many times and have always been left with the impression that he is a sincere and honest man. I would not myself have invested in CAIx were this not the case. Stuhlman is not a developer or a coder. He is a businessman who coordinates the activity of the developers and the strategic recommendations of the Foundation. He is the primary CAIx spokesperson and project leader. Responsible members of the Foundation wait for Stuhlman's input and confirmation about any challenges we should address. Everyone on the Foundation knew that Stuhlman was preoccupied with the real and serious health concerns of a family member (he has said this himself publicly). I'm surprised that a Foundation member would choose the exact time that Stuhlman said he would be unavailable as the best time to dump their coins first and resign with maximum drama second. It is for each reader to decide what to make of that.
The Developers: The Caishen developers are a very diverse group. This is not surprising since we are evolving a business model as much as an altcoin. There are different developers who focus on different pieces of the project (Tiny Elementals, the wallet, the multipool, etc). The Caishen developers I have spoken to personally are competent and hard working. Speaking for myself, I would like to see more results more quickly, but I have seen the work in progress with my own eyes, I know it is coming, and I am glad they are concerned about the quality of the outcomes. The Foundation has made some reforms to make it easier for us to speak with the developers more often and I wouldn't be surprised to see additional help brought in as we clear these hurdles and look to the future.
Setback vs. Scandal: Genuine whistleblowers deserve our gratitude and respect. If you uncover a scam please let me know. I will do the same for you. If instead what you uncover is a setback then the proper time must be taken to gather the facts and search for solutions. In the history of this coin there has never been a scam, there have never been any genuine whistleblowers, but there may well be some opportunists with their own agenda to besmirch the coin after their exit.
Taking Stock: The drama that has been manufactured about one Titan versus three should not obscure the positive reality of the one Titan we will have. The plans for the miners preceded my time with the Foundation but not my interest in the coin. There were good reasons to be invested in CAIx before anyone heard of any Titans and none of that has changed. What has changed is that we will have a Titan put into the service of the coin and the people who hold it. Ultimately I am another voice on this forum and you will judge for yourself. Actions will speak louder and be most convincing. In the days to come when this community comes through with the MasterNode payments, an official and fair MultiPool, and an attractive new wallet, you will see for yourself how irrational the FUD has been. You might come to the conclusion, as I have, that the price is as irrational as the FUD, and see the time to buy is now.
TLDR summary: CAIx is a large community with volunteers and developers working hard to push it forward. When you hold CAIx you own equity in the potential of all that effort. The CAIx Foundation seeks to both promote the coin and confront any challenges. When a possible setback emerges the first response is to search for solutions instead of drama. A critical thinker should ask themselves why anyone would cultivate more drama than solutions, but not until after exiting first. There has never been a scam in the history of CAIx. There have been setbacks that come as a part of doing business. CAIx holders can have confidence in the work being done to move us all forward.