well you are right.
but there is no way i can make it to get passed.
“shareholders decide everything” hides that minting power decides everything. however if the distribution is owned by a handful of people it will make the platform totally undemocratic in the sense that voices of forum are not heared.
so how to make the distribution more fair?
well a vast zoology of investors needs to buy in mass .
but for that we need incentives.
currently nsr minting rewards are not enough to push people to buy nsrs unfortunately.
What you can derive from the activity in this forum.
I concur.
The only Nu related share distribution I’d be willing to put some faith in is Augeas.
No I haven’t.
I would welcome a grant to grant me new shares. Multisig seems next to impossible to get them out anyway. Perhaps a simple blacklist of the multisig address could be on the next B&C client.
Your activity level is really weird. Haven’t seen you in a while.
@sigmike: Would you like to attempt getting the multisig funds out the right way? I created a transaction, but signing using Cointoolkit seemed to take days or more if at all.
Otherwise, let’s propose a grant to Dhume.
@Dhume: Provide an address you’d like them created at.
I haven’t been around much, check the forum occasionally on my phone but it’s not logged in anymore hence why I haven’t been online. Would still like to get my BKS back but since currently they have no value it hasn’t been much of a priority.
8anqJTJBayjuxLj8gELnTZAbQboh8csExd
I believe that’s an address for BlockCredits.
Apologies you’re right, just downloaded a new wallet hadn’t switched it to BKS yet.
Yes.
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Let’s wait and hear what @sigmike says, then go ahead with a grant proposal. Sorry you haven’t been better taken care of for the great service you provided.
@Dhume asked me for a solution about a year ago in a private messages. I sent him 10 raw transactions ready to sign and told him that if it was still too big for cointoolkit I could split them more.
If cointoolkit doesn’t work you should be able to sign these raw transactions with the client RPC.
@Dhume: Post those in the NuSafe thread and we can attempt to have them signed by the multisig group.
This grant has passed. How shameful of jooize and phoenix for not empowering shareholders in the discussion of this grant and instead voting for it with their own majority stake. Nu is the antithesis of the decentralized financial movement.
I wish @jooize would spend more time answering legitimate questions than starting drama by heavily editing the discussion. Go ahead and exert your proclaimed authority over the discussion and you will further prove my point.
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Jordan/phoenix and jooizy have negtive reputation on B&C projects, of course that’s probably because they are not using their shares to vote for themselves.
Anyway, Jordan is not a good leader, he even has no courage to use his ID.
What a pity we missing the bull market by choosing nubits/b&c! I will continue to fight for hayek money in the rest of my life.
Are you aware that NuShares are up about 1200% since the beginning of the year?
NuShares haven’t missed the bull market, although they were pulled down a great deal in 2016 by the misconduct of several multisig signers.
NuShares have historically done well in Bitcoin bear markets, as Bitcoin owners seek refuge from losses in Bitcoin by converting to stable NuBits. Bitcoin bull markets tend to be short and Bitcoin bear markets tend to be long. We are currently in a mature Bitcoin bull market. No one can predict the future of NuShare pricing, but there is good reason to believe NuShares are in a better position to gain value than most cryptoassets.
As for B&C Exchange, shares remain mostly illiquid at the moment. Since several Nu multisig signers destroyed the B&C funding in June 2016 I have been saying that progress in B&C Exchange would need to wait until Nu was stabilized and growing well. That growth is now well underway with NuBit demand up around 800% and NuShares up around 1200% this year. I have spoken publicly about my support for granting B&C shareholders 237 million NuShares, currently valued at around $400,000. There are some implementation issues to work out, like who will take custody of those 237 million NSR. It won’t be me. I intend to propose a motion on the Nu blockchain that will authorize Liquidity Operations to fund a 237 million NSR transfer to BlockShare holders. BlockShare holders will need to determine who is to have custody of that. I will be recommending that we use a multisig team for Nu that is in the process of formation.
While NuShare volume is very thin and its price is quite volatile, we are quickly reaching a place where it makes sense to begin B&C development and marketing in earnest again. Specific plans for this are being discussed and I expect to say more about this soon.
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