So where is the update for May 15th? Wasn't it this past wkend?

General Discussion
#16

The degree of transparency exhibited by this project has suddenly dropped to zero. Historically that is a very bad sign. I’m guessing Daniel has decided not to proceed with it as planned and is unsure of what to do next. His investors will be strung along indefinitely.

Summary of events:

Daniel’s most recent GitHub commit occurred over a month ago at which time massive SEC sells immediately began driving the market price down from 250 satoshis to 10. In this thread, Evan asks Daniel why he hasn’t been making regular dev updates like he used to and Daniel refuses to reveal any information about the direction of the project.

I’ve seen this pattern play out over and over unfortunately. Communication and transparency dwindle, and nothing substantive is ever produced. Joel Dietz syndrome.

#17

I doubt it that Daniel is suffering from Joel Dietz syndrome. (reputation is the most important thing that we’ll have in the end, Joel Dietz was spending investors money on a lousy party).

I fully believe in this project, so what the price of SEC dropped (the more coins, I can buy), so what if investors moved over to invest in the DAO (we don’t need investors, we need people who believe in this project and want to see it come to live).

In the long run, this will be the best exchange for your buck

3 Likes
#18

please sell I want to buy…

4 Likes
#19

What’s strange about that is no one (not even Daniel) knows what this project is about at this point.

#20

We know perfectly, anonymous marketplace for crypto payloads.[quote=“dallyshalla, post:6, topic:328”]
We know already what needs to be done to build a secure, anonymous, and instantaneous exchange.
[/quote]

Before, we were relying on maidsafe for its platform. Today we are not, if they finish something useful before us, great… otherwise we are no longer dependent. I’ve put off network programming because of total trust in maidsafe that is no longer the case, and we will build along side our own network.

To turn a fleet around it takes some miles of distance.

1 Like
#21

@saferocks one whale dumps all their coins in one shot and you’re shouting bloody murder.

#22

Will you use the Maidsafe binaries to run a separate unofficial network or are you planning to build your own network from scratch for this like SuperNET/InstantDEX?

Those onboard the ship would like to know where we’re headed.

2 Likes
#23

That happened days ago, I posted in the thread with you where it was discussed and bloody murder was not shouted. I shout it today after the realizations summarized above. If you take away transparency in a crypto project you should expect an outcry.

1 Like
#24

No, because there is no way to know what ms binaries are doing exactly.

There is some research of Rust based networking there, and great ideas we are incorporating. All code development is now offline, not on github for now, and I will formally announce the direction. Safe Exchange Coin is still 100% incorporated to the project.

1 Like
#25

So SafeX is no longer a Maidsafe project in any way. What could have changed to cause you to make that decision? I don’t believe the Maidsafe protocol has changed since the SafeX ICO. If your investors had wanted to buy into a project building a network from scratch in order to implement a decentralized exchange, they could have bought into SuperNET/InstantDEX.

1 Like
#26

If ms finishes, we will put decentralized asset exchange there too.

supernet and instantdex is not the same to the premise that safe exchange is

the whole point of maidsafes network was the anonymity, and quickness; no reason we can’t make that ourselves

1 Like
#27

Why build a new network when Maidsafe’s is nearly operational? Does it provide everything you need to be able to build your app?

#28

is it really?

no

#29

Well after 10 years we finally have test networks. It seems like a strange time to bail out.

#30

It’s a weak API?

#31

There are not privacy features. There is no consensus for safecoin yet. Things still in flux implentation wise. Invented on the fly

The conclusion is we’re better off giving our shot on goal, because we know what is needed for safe exchange to work. And we don’t have lag or bureaucracy

Safe Network is supposed to be ‘everyone’s’ so I think it not so far fetched with the direction we’re taking

Even if you urged against safe exchange team builing its own network, that’s exactly what we will do anyway, because otherwise what are we to do? sit back and watch ms do it? lol

1 Like
#32

Let’s say Safex comes to life before SAFE. Then SAFE comes alive.

Will there be adaptations to the new Safecoin system? If so, will it be easier to implement any kind of enhancement, such as Ethereum tokens, for example?

P.s. By the way, nice show that last one with Ernest Hancock, just saw it!

1 Like
#33

If maidsafe is finished, with safecoin we just include it in the client; that depends on then at that time

I’m sure it’s hard to comprehend many people so thoroughly invested financially in that project; to be fair to the our project and the people of the earth we are taking this direction

1 Like
#34

Daniel, don’t you think if it were possible for one person to sit down and code a secure, private, anonymous, decentralized crypto exchange from the ground up then someone would have done it by now? James has been working on it with SuperNET/InstantDEX for years and he has released nothing.

1 Like
#35

Also, since the value proposition of SEC was based on the Safecoin that SafeX was to earn as an app on the SAFE network, and SafeX will no longer be an app on the SAFE network, what is SEC’s value proposition now?

2 Likes