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Showing 8 of 8 results by Senator51
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Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 02/08/2014, 11:59:21 UTC
A few days have gone and .... unfortunatelly there is little interest in TIPs development plans. What worries me most is the lack of response from the dev (devs). So far he (they) didn'n present his view on proposed actions.  Shall we assume he is not interested in either our proposals nor any other ?

I do like the id10tothe9 idea of a multipool, I also consider the point a) and b) as the basis for a serious discussion. So we got something to start from. As I wrote earlier, I am not big TIPs holder but ... I can buy and support a good project (hope that many community members following that way of thinking).

My point of view is the following:
- any existing and future coins have to define and based on the "economic" niche
- the features of any coin have to be directly related to its services (have to be usefull in the niche)
- in the near future such specialized coin will be exchanged for any other thanks to distrubuted exchanges

So, coin developers are to build the feature sets of the coin according to any service requirements (of course they should have strong possition in the proces of defining any service, system principles) Also, they have to oversee the development and operation of the coin. Of course, I repeat myself, they must be honestly rewarded !
I still think that any form of investment (share in the profits of service) is the best and the obvious solution. Without the dev commitment it's hard to belive in success.

If developers and coin holders are not interested in creating "economic" niche around TIPs then it is difficult to build everything from scratch. In such case, some other coin will be the first :-)
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Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 29/07/2014, 12:36:22 UTC
To move discussions forward, here is my sugestion. I am sure, all of you agree that people love to play games. They also keen on any competition, especially if not only blind fate decides who is the winner but rather player skills. Of course, for most of players, would be nice if every victory is also rewarded (even award of small value is usually welcome). Another important feature is the ability to play anywhere, anytime what means that player can use any terminal, PC, smartfon, tablet. Following that way of thinking, I upload the draft of a simple idea (uploaded to the id10tothe9 google drive public folder - Ideas suggested). Let's named it "Tip the Champion".

As I wrote, it is the draft so many detail have to be discussed. Another question is if Icanprogram can and willing join the idea. I do hope that my post will be the another step to reach our final decision what next.
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Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 28/07/2014, 21:58:28 UTC
A few words about our brainstorming.  The situation is such that we do not have serious ability to fund development and even keep alive our web pages, there is lack of ideas how to give the TIPs a second life, there are only a few of TIPs holders/belivers still active around the coin.  This means that we got to the point where only something really new can attract attention and .... that is the best point for new beginning :-)

In my previous post I sugested some form of investing, supporting the dev to start and lead any new project/idea. IMO, devs can't spend their money and time to make coin holders happy (and rich). Also, its not so easy as hiring a new dev team couse even we will pay them and they finish their job - what will be next, how about system/service maintenance and development.  On the other hand, I am affraid no one donate serious amount of money without a chance to participate in the potential profits. So, I still think any form of investment is the best way to effective and honest cooperation between dev (tech team) and community.

About ideas - in brief:
1. Let's stop think about the coin value, start to think how to use TIPs to do business.
2. Let's look at what people are doing on a daily basis and how the TIPs can help them (can be involved)

What is your opinion about that approach ?
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Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 22/07/2014, 16:23:42 UTC
I totally agree with the id10tothe9 observations. What now seems to be important in "cryptoworld", going on in the area of blockchain applications (e.g. Ripple, Ethereum etc). These works very soon will lead to a new framework for crypto economy (I am afraid, the "cryptonetworks" will become also a gateway for banks and corporations to preserve their dominant role in a new financial market but this is beyond the scope of the discussion). Therefore, the question arises of the future of cryptocurrency. As id10tothe9 wrote, customers are not interested in what currency (cryptocurrency) is in use but rather how much they possess, what they can buy for it, and how a payment system is simple in everyday use  - customers are lazy and waits for the best market offer. Unfortunatelly, no dev team, no single crypto community have the power and resources to "change the word". Most of people will use TIPs (or any other crypto) if the prices in TIPs are lower then in flat - can we achieve this ? - I doubt. Most of people wiil use crypto credit card, live wallets or any smartfon application if they do not need first to care of exchange among many cryptos and crypto-flat, care of security etc. - can we achieve this ? - once again I doubt (maybe Ripple or its competitors will resolve that, maybe something like ANX debit card will be worldwide solution).
On the other hand, blockchain technology offers a lot more features then any flat but these features must have a direct result of the characteristics of the supported services. Let's look at what is happening now. Currently most of developments manifest themself as a race in the area of value (coin) transaction feature, mostly anonymous based. But question is ..... where is the ecosystem for these transactions, what for I need all new black/dark/veri-coins features if there is no REAL cryptoeconomy around them. Should I be afraid when purchasing graphics card, pay a taxi driver,  tip a waiter etc.  and therefore expect fully anonymous transactions ? OK, privacy can be useful in a number of services but not all. First, one shoud define the service (ecosystem) and then, the blockchain (coin, system) feature supporting that service. My feeling is that everything is now ... upside down ;-)
What does this mean for TIPs and our community ? We should concentrate on the sentence, which Id10tothe9 wrote "So I'm thinking we need to define the goals and markets we want to target." That is the point ! We shall ask - when and what for people will need TIPs, what service can use TIPs as a "bloodstream" and the last, fundamental question - whether such a service can bring potentially gain for devs and investors.
If we find such a niche (such a service) than devs (e.g icanprogram and others) help to create a service system, investors (people who invest their TIPs) deliver the "blood" for the functioning of a system. All of involved persons will have shares, everyone will have a share in the eventual failure or success of the project ;-). The devs receive shares (interest) due to their know-how contribution, investors due to their finansial contribution (in TIPs). IMO, it is some new aproach in the "cryptoworld" - devs will have profits ( i think, it is consistent with the icanprogram point of view ), coin holders will have a choice among holding (stacking), speculation and INVESTMENT.
Profits from the service will create value of shares (at least, I hope so). Then we can think about next step, next our innovation ..... the shares market . Maybe then, we will start to investigate how to collaborate with the NXT or any other distributed network/blockchain solution. But ... this time we need to agree on the choice of service and start its development and soon after advertising. I will share my further suggestion as always, it means, very soon ;-)  Any feedback is welcome ... I feel that we have little time to be the first :-)
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Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 21/07/2014, 21:20:22 UTC
Thanks id10tothe9 and icanprogram for your time devoted to community. Now, most of things seem to be clear. That is the time the community has to react and answer what next - whether we have the power to act or surrender. I'll share my suggestions very soon. Anyway this is the best time to try to create something new so all in our hands :-)
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Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 17/07/2014, 18:36:18 UTC
By the way, second hand is my but only in half (0.5B)
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Topic
Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 17/07/2014, 18:30:11 UTC
First of all, we shall learn what is the dev plan according to the TIPS. Maybe he plans to continue the work with community, maybe he plans to abandom "ship" and he is ready to deliver us all the keys to coin resources or ... he just has no time and interst  to be involved in the TIPS project anymore and he has no plans to pass control over the coin development to anyone, including community. These are fundamental questions and dev answers will allow all of us to say what community can do next.
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Topic
Board Announcements (Altcoins)
Re: [ANN] FedoraCoin (TiPS); New style, new services, same unique features
by
Senator51
on 10/07/2014, 11:46:20 UTC
First of all, sorry for my english and grammatical errors. For the last a few months I've been watching Fedora coin and keeping my fingers crossed for its success. I am very small investor so my interest is rather due to ideas and features, Fedora coin offers then expected profit. My point of view on the cryptocurrency market as a whole is that it is at a critical point in its development (maybe excluding bitcoin which has strong "institutional" support). It is difficult not to notice that most of  altcoins compete for the same market (coin transfer, crypto payments adoption etc.). Moreover, there are more then 200 coins around and, to be honest, their current features are detached from any today practical bussines application. But that situation is a great opportunity for Fedora. IMO, Fedora had never been develop to replace dollars, euro or bitcoin but, thanks the high-volume feature, to create a new "ecosystem", a tipping environment where all of us will be free to decide what and who is worthy of support by the Fedora donation. So, I suggest to move community and dev efforts on an alternative area. The area where no banks, no merchants, no speculators have power. I called this "social tiping" and it is a way to help people, groups of people to achieve their dreams, exciting plans, solve problems etc. As we all know, people willing to help, to support if they find out about others problems, ideas etc (e.g. any TV/radio news, newspapers articules that launch charity ). Of course peaple are ready to help if there is a simple and direct way to support (e.g. SMS). Therefore, the system of that kind requires three basic components:
1. (ideas to support) - the communal notice who and what one is doing and why it needs support,
2. (supporting person) - person with free resources (not necessarily significant financial resources ;-) ) and a way to choice, what is most worth of support,
3. (envirenment/system) - a simple and secure method of tipping
Fedora coin almost has it all. Point 1 - at beggining any social portal (e.g. Facebook groups) and tiiping tools, combine with a dedicated portal containing descriptions of ideas to support (moderated to avoid spam),  etc.; point 2 - tipping tools already developed, in the future a new feature in the Fedora wallet and/or dedicated aplications for PCs and mobiles; point 3 - it is just Fedora (TIPS).
Any idea presented in the "social tipping) system has to compete for support. People willing to tip, register and offer e.g. 1000TIPS, selecting who or what he wants to support. The winner (the idea with the highest popularity) receiving support (the TIPs ). The winner has to use "social tipping" logo (to be created) to advertise the system.
Of course, any person offering support, can do it with only charitable motives. I think there will be nothing wrong if system users will also have their interest to participate in this project. So, for all registered (tipping person) some form of a reward has to be offered. I got some idea of a multiwinner geotagging loterry (also paid in Fedoras). That will require secure and a little more complicated portal but it is not the point for good dev team. In such case, for example, the supported idea receives 50% of total amount of collected TIPs, lottery winners got 40%, the rest can be use to maintain and develop the system and advertisement. But, that message is already long enough, so details maybe next time :-)
I'm curious about community opinion (and developers if some are, and if they read this forum :-))