Wasn’t voting with coins part of this project and a benefit of holding SEC alongside the SAFEcoin rewards… ?
Shouldn’t any new direction be a bit more considered by stakeholders given the ability to vote? (Although I’m aware there’s no way of holding the devs to that vote if it goes against what they think best; this was an integral part of the project though).
@dallyshalla what’s the reason for going off github with any new development?
So if you are right then why are you not selling your coins?
EDIT: Realised this may be seen as support. It is meant to be neutral and simply logic. Logic that if one really believes what they say then why aren’t their actions showing the same, and asking why.
Because there is no milestone yet to show on github. I’d prefer not to mislead with constantly changing codes that untrained eyes will mistake for “the moment of launch”
Switching out of SAFE seems like a decision charged on out of control emotion, maybe justified since it’s all personal. No need to be short about the development of SAFE and lashing out at people. It was a decision you stuck to. Now you’re really antsy to code a bunch, so you’re doing that. That’s where we are right now. Anyway, I’m not happy that my faith has been shattered in terms of investing what I did for SEC in the first place. I don’t see how it can be done without them, except out of enough bitterness that it somehow leads to the development of an exchange that will out-develop everyone else who has tried a similar idea. Maybe it’s possible.
We are just going to be able to add to the inventory of secure and private networks. Can think of this as a side project in the meantime of safecoin that’s all…
I think what some peoples problems are with the current plan are :
With safeexchange coin being built specifically for maidsafe it is tied to maidsafe and is a service built on the back of a what will be seen as a valuable network . catering specifically to this new potentially explosive growth network giving it inherent value and much room to grow . earn and develop into something huge.
You idea now is to make it is own secure network functioning independently , like openledger bitsquare and multiple others. each one being very small really and not really earning that much money . Obviously different to these things in other ways too but non the less similar for comparison sake in economic and market terms .
The earning potential in this case alone is massively restricted and reduced , ends up with endless amounts of competition and a rather slow growth in the market currently .
This is what i think is concerning other people and making them ask all these sorts of questions .
Are you intending on doing both eventually? both your own network outside of maidsafe and then also having it inside of maidsafe?
or are you going to just go all out and work on this singular network working independently of the network?
If you wrote down a semi clear explanation and thought process , with eventual goals and drives it might help ease the concerns of the people here asking questions
I fully support the Safe network, want the best for it, and expect it to succeed.
At the same time, it’s not a certainty when the Safe network will be ready to go. If there’s another intermediate option, it’s better to spread the risk in case Safe launch takes longer than expected.
I’d prefer Safex made as much progress as possible irrespective of the Safe network’s progress so that when the Safe network is ready, it can move over to Safe & accelerate from there.
If the Safe network takes a particularly long time / doesn’t work (very unlikely I hope!), Safex can still be making progress & creating value.
If, however, the Safe network is ready in 8 weeks time, Safex can switch to focus more fully on that platform knowing it’s ready to go.
Basically, diversifying risk on platforms seems wise to me when there’s a good degree of uncertainty about when the Safe network will be ready.
Looking forward to hearing more details when the time’s right!
@dallyshalla I totally understand you can’t sit around for forever to wait for safe. Maybe it isn’t our business but if you cared to share we do sense some animosity and frustration. I completely believe safex can exist outside of the safe network even using it as a backend down the road. Just kind of liked the package deal idea when I invested in both of these projects (even grabbed more SEC two days ago!) so I can’t say I’m not a little disappointed about the departure but I’m open minded enough to understand why this is healthy and something useful may come sooner. What will this mean for maid safe? Will they have to build their own exchange? Find someone with your expertise? Or will they be able to count on a collaborative integration down the road?
Like mentioned before, old plans are still here. Just in the meantime safecoin not existing, we’re going to build a far simpler anonymous network for trading around encrypted data that holds cryptographic assets.
I appreciate the response. Hoping to hear more soon, I’m sure there’s a lot to sort out. Just hoping the original vision comes to full fruition down the road because that would be nothing less than spectacular. I am a fan of both projects but a bigger fan of both together.
Someone mentioned me so here I am. The truth is we decided to throw a launch party for new projects while under the impression that we could launch them. Our lawyers told us that we couldn’t and so we were left with a pretty much useless party. Whoops.
After hitting regulatory hurdle after regulatory hurdle we mainly started focusing on large enterprise applications of decentralized asset but all of these deals had non-disclosure agreements attached to them.
I did make the decision to stop paying our lovely community manager at some point due to lack of funds and since she was primarily the one keeping folks informed we definitely did sink into greatly decreased “communication and transparency.”
Sadly I think it will be another 1+ years before we can see the regulatory space clear enough to launch the original vision.
Hopefully the progress we’ve made in other areas make it entirely possible that we could do so with continued diligence.