Hi all
After a few lengthy discussions and votes amongst team members, we've decided that we will not be joining BlockNet.
Details will be provided shortly
I've been waiting for this coin to move for ages. I'm may not be a big holder of shadow with my 10k coins but with the news of Blocknet I really thought that things are going to improve.
It looks like the 2 biggest holders of shadow pookie and longshort really can decide where this coin to go.
You say "discussions and votes amongst team members" decided the future of this coin. Really! Why didn't you vote "amongst team members" before making the announcement of joining the Blocknet ?
This comes to show that your interest in Crypto technology and evolution is very little, and 2 or more big holders can decide on the future of it.
As Viper said these 2 were more "vocal". Of course they were, because there is big money involved in their loud talking.
You and them probably have the biggest money invested in the coin, so you are not looking at the future of the coin but for profit that can be manipulated by few members. That makes this coin despite its technology, a pump and dump for the future.
Should you have joined the blocknet there would have been some rules to respect and fair-play not just pump and dump.
Each coin had to keep pace with the technology.
It looks that pookie and longandshort are afraid of that and you too and rather stay solo in order to manipulate and decide the faith of the coin at anytime.
So i'm waiting for that pump, whenever you and the big holders decide, to dump mine.
Very disappointed to find out that this coin is only for money making. Your change of decision based on the big holders just proved that.
The problem with SDC at its core is that the coin distribution is really skewed to the people that mined it at the beginning. You can totally tell from the rich list.
http://sdc.blockexplorer.cc/richlist/index.php?min=0Look at these stats:
Only 381 addresses with at least 10 SDC
Only 290 addresses with at least 100 SDC
Only 215 addresses with at least 500 SDC
Only 177 addresses with at least 1000 SDC
Only 101 addresses with at least 5000 SDC
Only 33 addresses with at least 50000 SDC
Only 18 addresses with at least 100000 SDC
The whole SDC basically is owned by under 350 people (some wallets for sure have more than 1 addresses). (Not to mention that pookielax and mr.boh have a huge portion of SDC waiting to dump on our ass.)
That can only mean that this coin is not distributed evenly and in the long term, the coin will not survived if we don't expand the number of people that owns SDC.
I really need to reconsider my position in SDC after this debacle....
Joining the blocknet would have been a Statement that shadow means business and is not afraid of taking things seriously, and that would have attracted more and more buyers, let alone the fact that being part of the blocknet would have brought more income for the coin, making it stronger. The faith of the coin is in the hands of a few. I've never seen in my life such a change of decision, after the complaint of 2 holders. WE, all the others seem to have been happy of joining the Blocknet.