0 Members and 1 Guest are viewing this topic.
jikol | Sunday, Jan. 24th | View on www.cointelegraph.com lol if there was a working software to jump on... the webpage is a joke and people will be laughing when they try to join peertracks
you ask permission "of" anyone not "to" anyone down in the black text on white background section with the pillars
You own the network, but who pays for development?
ugly website
i vote to spend the dev fund on hookers and blow for MUSE holders!
can you PLEASE change the logo?The webpage looks horrible
A little history and perspective to the rescue!Invictus Innovations said anyone could use their tech as long as they sharedropped 10% to PTS holders and 10% to AGS holders. Leaving 80% of the chain to PeerTracks.PeerTracks inc. would allocate that 80% as they saw fit, x% to pre-sale of Notes, y% to this, z% to that.If you recall, that was the original proposal, which got shot down quite quickly.We replaced that "centralized beginning model" with something that harnesses the power of DPOS and we all agreed it was much fairer:Just 10% to PeerTracks but allow dilution, which would be in the control of ALL stakeholders, not just PeerTracks.This made everyone happy since, it removed centralization, and put the funding and development into the hands of everyone instead of just one corporation (PeerTracks). It also did not guarantee there would ever even be a need to dilute, unlike the original proposal.So until Graphene there were 1.5 billion MUSE Core Units with infinite stakeholder-approved dilution.The only thing that changed with Graphene is that we have put a CAP on dilution to a nice round number 500 million, making TOTAL possible MUSE Core Units to be 2 billion.So what we basically did is go from infinite possible dilution to a hard coded max possible dilution of 25%. Your welcome.And once again, don't like the reserve fund? Vote to burn it all!So to clarify!The 500 million Reserve Fund is not in the hands of PeerTracks inc.It's in the hand of the stake holders. It's the MUSE blockchain's own reserves.The PeerTracks Stake is 10% of the original 1.5 Billion. Some 150 Million Shares NOT the 500 million reserve fund that might never even see the light of day before workers burn it all haha.
Quote from: cob on October 23, 2015, 02:10:31 pmdon't like the reserve fund? Vote to burn it allfuck you cob!
don't like the reserve fund? Vote to burn it all
Or a giant middle finger.
Quote from: cob on October 22, 2015, 08:32:46 pmVery basic place to point people to.www.MUSEblockchain.comNice. Do you want typos/edit requests sent anywhere in particular? Is this site on github somewhere?
Very basic place to point people to.www.MUSEblockchain.com
I really don't understand why so many people are upset about this. If you don't trust shareholders to responsibly spend or burn funds what reason do you have to buy into this selfgoverning chain anyways? Even without reserve fund there would be enough opportunities for stakeholders to f*** up.
Quote from: BTS熊 on October 23, 2015, 04:44:22 amWhy increase the supply of five hundred million?This is not fair to IPOer.I think this is a tragedy In reserved fund, as like bts 2.0. So it does not increase supply actually
Why increase the supply of five hundred million?This is not fair to IPOer.I think this is a tragedy
It's the same as BTS 2.0 system. BTS 2.0.has 3.7 billion max supply but only circulate 2.5 billion. Total initial supply of MUSE will be 1.5 billion I believe.
MUSE is a Membership Organisation where its members are comprised of anyone and everyone that chooses to hold MUSE Core Units. The Blockchain itself is made up of 2 Billion Core Units, 1.5 Billion of which are in the hands of a global community of users and the 500 million remaining are in the Blockchain’s reserve fund. fuck cob
MUSE is a Membership Organisation where its members are comprised of anyone and everyone that chooses to hold MUSE Core Units. The Blockchain itself is made up of 2 Billion Core Units, 1.5 Billion of which are in the hands of a global community of users and the 500 million remaining are in the Blockchain’s reserve fund.
the other cool part is how members get to vote on what to do with the 500,000,000 MUSE reserve fund that the DAC starts out with (in the unbreakable blockchain bank)
Who designed that site? The graphics remind me of eighties arcade games. Where is the quarter slot for this site?