Erm, wait, this is not the B&C shareholder fund? Is @Phoenix personally getting reimbursed for private shares which he lost? @jooize could you please one time ignore us and stay silent?
I honestly donāt get it.
The address quoted here has a final balance of 1,770,300 NSR
It received in total 15,552,620 NSR
It was blocked in March by an urgently made update of the client requested by @phoenix and made by @sigmike without any shareholder participation. No motion, nothing. Just do it!
Iām too lazy to research that for all addresses, but wouldnāt it convenient to āloseā funds, sell most of them, let some be locked by an urgent client update and get a nice reimbursement a few months later?
Oh, that would require that the NSR havenāt really been lost.
What do I knowā¦
I want to put the B&C Exchange shareholder fund in a multisig address. So, we need a functional multisig team first. @Cybnate has put some good work into organizing that for us recently. I am going to advocate that grant be at least 237 million NSR, currently valued at $319,000. There is some sensibility to the notion it should be higher because Nu multisig custodians didnāt maintain the value of the B&C Exchange development fund as they were obligated to, which was in US NuBits. It is undeniable this caused B&C a lot of loss. I am considering advancing a motion regarding the matter.
My hope is we will have one or two full time developers working on B&C Exchange within a number of months. To make that happen, it is important to keep the NSR value up.
Multisig consisting of @Phoenix, @jooize and @Cybnate? That would actually be the funniest clown parade on the internet, but not a reliable multisig team to handle funds for investors. You failed big time, Mr. Scam Architect.
No MaVo, you failed in your persistent and open attempts to bury Nu and B&C Exchange. Demand for Nuās products has grown about 800% so far this year. That is a big success, one which I am clearly more responsible for than any other individual. Which of our competitors is paying you for your lies and slander?
Youāre going to need to elaborate on the circumstances and show your work if you expect me to think anything other than this is your usual shenanigans, @Phoenix. Per usual you have created a situation where the entire network needs to trust your horrible reputation here.
Right unreliable multisig team according to you. What did we have before? Multisig is as reliable as the underpinning contracts for the team participating in it. I believe we can do better than what has been shown previously.
At least it is better than having funds in the hands of a single actor with all its risks. Donāt let get the perfect in the way of the good I would say.
My imagination tells me @Phoenix locked a shareholder out of their funds and now is claiming them for himself. Weāll never know the truth unless @Phoenix looks up what transparency means in the dictionary.
Iād also like to point out that any discussions and the fork that blacklisted the funds was not authorized by Nu Law. The scope of your authority is limited to Liquidity Operations until you voluntarily gave up the responsibility of managing private keys holding shareholder funds after you lost 300 million NSR. (allegedly)