SFT - Safex Token

@dallyshalla
Now that MAID actually delivered, are you going to change your mind about it?

@hyena what is delivered? I don’t see anything important here

First actual and useful app running on the MAID network, also being a tutorial for developers who want to utilize MAID. There is going to be next important release on Monday the 19th of September. The fact that you are so oblivious to the latest developments of the MAID network just shows your incompetence. Nice going with that deceptive ICO back in 2015.

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I think you may not be capable of assessing competence. You are feeding back to me some hype nonsense from a bankrupt company that is trying to raise another round to get the same software running for the same ten years. Sure I am foolish to not interview developers who quit maidsafe or were “fired”… sure I am foolish to not ask the tough questions about the architecture and just drink the “kool-aid” of maidsafe company.

Maybe you’re saying these things you might be well invested in maidsafe and think its still going to happen and that it isn’t a long shot even still (impossibility) and you should probably run from here and back to the other website where people will caress your back and remind you to fall in line and just realize that there is a magical man in the sky gonna make it all right for you.

If you’re trying to remind me of something based on the dev update of maidsafe then you don’t have competence to judge anything about these things.

Last point, if by MAID network you mean nothing like is described in the past, sure you can store info to digital ocean and guess what, you can also do email through email, btw there is nothing secure or reliable about this maid mail application at all But it’s hard to prove right you have to wait and see if you’re going to be alive still when it’s “lunched”.

Or use “our” discourse instance to use internal mailing on the forum!

Oh my god, someone on the Internet just questioned your competence and you get all up on your back feet. I understand, you believe to have some sort of reputation to maintain here so you repeat yourself like a broken record, throw shit back to me and ornate it all with pathetic sarcasm to appear as an intellectual person. Why don’t you send the ICO funds back to the investors since you have deviated from the original plan of development? Oh wait, it’s because that’s how you planned it and now you’re just playing a victim. Can’t wait another ICO from you. Looking at your Github progress I’d call you out as a fraudster.

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@hyena it doesn’t make any sense, we’re relying on a third party that can not deliver. I am proposing we build a public blockchain and launch it for mining and SEC holders still receive reward on something that works and still achieves the characteristics.

I am not on back feet. I have 2 and they are under me. I think people who disagree or have a hissy fit already cash out of the ICO. I’m surprised why you are shooting at me, and not at the third party that isn’t delivering.

Well, I might be incompetent at assessing MAID’s progress but in my opinion they have been in the state of delivering what they have promised ever since 12th of August. Have you not followed their updates?

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I am following the updates, and I will need to see the autonomous network and concealed IP addresses. And performance proof in a realistic setting (not a few hundred nodes for a week). Until then, there are no indications that the “safe network” is anywhere near a usable state. I am not trying to be disagreeable, I am in reality, if I could still trust maidsafe at all it would make my job MUCH more straight forward. I’m sure that it will not be so far and I am afraid that once funding arrives to maidsafe the specifications that drew me to their platform will not be there for a couple of years.

Once it is “launched” there will still be an expected couple of years to prove that this system is really operating correctly and catastrophic losses don’t occur. I don’t want to sit in the speculators chair on what potentially wild turns maidsafe are going to pull

@hyena, also don’t expect any ico for either the new (possibly soon to be) blockchain project, or safe exchange.

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Ok, you have explained yourself well now. Leave speculation for the speculators and concentrate on delivering software that really works. That’s a good way to go indeed. I’m also glad to hear you are not planning another ICO as this whole ICO business has gone wait out of hand (point at Bitcoin Dark, for example).

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Money doesn’t put code on the editor, but it does get food on the table. That’s been settled. I just only care to start coding the new software which is to be presented in this week, if that’s good for everybody (enough SEC holders 51%+ of voting members) then it will have value, that’s good enough for me. Now just to publish that new network in an acceptable way so it is fair to adopters and users and I think that a feature where developers can earn from the transaction fees of the network will be interesting and never seen before on a blockchain network.

By the way the voting application does not take your coins, it just validates that you own the private key associated with a quantity from a snapshot of the bitcoin blockchain at the time you initiated the proposal.

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" I think that a feature where developers can earn from the transaction fees of the network will be interesting and never seen before on a blockchain network."

I think a part of Bitshares’ and Dash’s fees goes to developers.

Another issue is de 51℅+ of voting? What will be the minimun pool? 5%, 10℅?

Hey man, i’m eager to see that interview!

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That’s good news, the main idea is that any developers can receive the transactions fees if they promote their application that produces transactions on the network.

In the case of Safe Exchange client the transaction fees should distribute to SEC holders proportionally.

e.g. if 30% of holders vote, and 51% say “yes” then it passes, and cut off after 2 weeks… something like that… the minimum I’m not sure, maybe must be within a reasonable period of time, and prior notice of the upcoming proposal

51% of existing votes, and very probably should set a ending date. Or a reasonable time frame for people to submit a vote it’s a very valid point. Perhaps set it for two weeks, and can cross check with block height of formation of the proposal with the existing block height of the Bitcoin blockchain.

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[quote=“dallyshalla, post:274, topic:147”]
That’s good news, the main idea is that any developers can receive the transactions fees if they promote their application that produces transactions on the network.

In the case of Safe Exchange client the transaction fees should distribute to SEC holders proportionally.
[/quote]Man, i heard all kinds of things about this kind of arrangement. Once I read a bitcoin maximalist in bitcointalk.org calling it “communism” lol. Remind a bit PoS, no?

A future question that will appear is how much will be those fees… If you charge too much equals illiquidityness… If you charge to little, holders are pissed lol.

People like previsibility, so I think the ammout of charge of each operation should be predictable. I mean, developers or users must be informed about it for years ahead.

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[quote=“dallyshalla, post:274, topic:147”]
e.g. if 30% of holders vote, and 51% say “yes” then it passes, and cut off after 2 weeks… something like that… the minimum I’m not sure, maybe must be within a reasonable period of time, and prior notice of the upcoming proposal
[/quote]Lol, contradicting myself a bit in the earlier post, I think this “30℅” and that “2 weeks” should be callibrated as holders get along with all of this.

Repeating what we discussed before, things like e-mail reminders are crucial in my opinion.

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Are there any plans for SEC wallet?

@dvnp I think about it regularly, to make an offline wallet, you would need to get the transaction hash from the blockchain… so there is an idea where you can download the blockchain file, and/or latest blocks to get your transaction hashes. Following that you can import the hash to the application, make a new transaction and then a separate module on a web application perhaps to broadcast the transaction.

There is a lot of manual requirements for the user to have a secure wallet. Though with education and display how to do it could help greatly in that respect. I agree with it. To me it sounds good and we do need an alternative to omniwallet.org and also the only other way is to use the omni cli wallet.

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Great dev and honest, intelligent man! Bravo Daniel!
A humble request – please rethink the client-side: React vs Angular.

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I agree with you, a friend showed me the difference between his React site and the Angular site I had made. Angular 2 rendering takes 5 megabytes whereas the same application or greater would render in less than 1 megabyte. @dvnp +1 and that’s a total confirmation that React will make a much nicer experience than Angular.

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