Quote from: iplabs on July 09, 2014, 03:59:57 AM

I must say I saw this 5000 thing differently than most. It was in plain sight so not stealing since we could mine solo or not at all so our choice. Since the pool is being run by the developers I assumed that they were short on Wampum and needed to raise some for development. To be perfectly honest all the messing around with the pool (1%, 25%, 1%, 25%, 2%, then just 5% off the top) has really hurt Wampumcoin. There used to be a pretty good bunch of reliable miners that were all scared off by this consistent monkeying around, myself included.

But on re-evaluating the situation, I had to ask myself "What is in it for them?" "What is the incentive to subject themselves to the abuse, with no likely payoff?". Not much really. If it is a scam, what is being scammed? Nothing. If they got the pre-mine, half a billion coins, at todays price about $50. I know I and most here mined the amount of the pre-mine long ago. If you look it the 5000 per block as "stealing" then they only got $19, and the bulk of that was from 3 miners who knew it was happening. I solo mined for a while but found it was still more "profitable" to get a percent of 95k, than soloing for the whole 100k so made the conscious decision to forgo the 5000 knowing full well that the devs were getting it so they were not stealing it from me.

I then had to ask myself "What would motivate the developers to grow the coin and keep doing work that they do not have to do, and that no one seems to appreciate (myself included)" We are all here for the coins and the hope that it will prosper and we will make some money from it long term.

There are some huge stake holders here, and we are all hitched to the same stuck wagon. We need to make sure the developers are properly motivated, we may not agree with them but they are in the drivers seat and need donations. (donation address: WjH18unNeFZo4mQD8Qtm3AN9Wi68todrk7 Go back to page 4 of this discussion to verify this address, I wish they would add this to their signature). Nobody an Wampumcoin asked for donations, I deduced this from their actions.

We also need an Apple wallet (and to get rid of the crapple graphic, it looks childish)(Android and IOS would be good too). A new look would be nice, and someone here proposed one. We need a pool of wampumcoins from us miners for projects that need to be accomplished. As was mentioned earlier "I don't understand how the block-chain integrity can be maintained, especially when mining runs dry later this year". This is the real problem that I likewise do not understand. A hard fork to extend the mining through quicker halving may be needed to extend the mining out several years, or a POS component to maintain the chain.

In short, we need to stop bickering and work together, or we can just delete the coins and move on. I thought about setting up a wallet for donations and bounties, but who would trust me? I also contemplated offering a bounty for the needed wallets..... I can set up a private discussion forum in a few hours so we can discuss this in private if needs be. In fact I will do that and send invitations via PMs in the next 24-48 hours to see if there is any interest in starting a community group to help our coin and the developers along, and hopefully improve communications between the two interests. I am sure we have the collective talent to do something worthwhile with this coin.

BRAVO my friend!! I hope the DEVs and everyone else takes the time to read this post.......dude, VERY well said! I am in the EXACT same boat as you and could express the exact same feelings.

Dev.....I REALLY think you need to re-think your stand on this forum and not wanting so much to handle talks here! Maybe assign someone to run point here is you can't.....but you have to see THIS is where all your supporters and investors EXPECT to see activity. At least that is what it seems to me, just having and active dev on this forum gets MAJOR attention to cryptos! You can also see you have a community TRYING to build itself and trying to offer support and help, right here on this forum......and it seems like you are fighting that when you should be embracing it as THAT is what this coin needs to thrive man!

There is some SERIOUS talent around these parts and it looks like a good deal right here in front of you already:-)