MemoryCoin

Got an email from Nolan Gisser of Coinabul after my off-handed remark above.  He said they had been trying to reach me for a non-PO shipping address...

I'm not remembering seeing those months of emails, and neither is my gmail archive...but I get distracted easy, so I'll assume it was my fault. 

If Nolan signs up for an MMC account to join the community, replies to this thread and sends 1 MMC to the address in my forum signature below,

Then I'll send the 1 MMC back to him (plus transfer fees) and reply to his email with a non-PO shipping address.

I want some specific behavior out of my wallets / voting to give good traceability / etc.

I created a new QT wallet, and imported my "root" address below:
MAXPWRbxGMfUpHR4tVvzDdFtvhPcNRCABT

Sent a payment to my root address, then I imported the following addresses into the same qt wallet:
MAXceo5ySwVvxWnP12psHKvNhze9T8Csrn
MAXcmoW9JuPyTPp7LHLQgbK9ajXLgy2Ec2

Sent 1 Satoshi to each of the above addresses from the wallet.

That's intended to link them / show ownership in the blockchain for traceability.  I want to use those as "cXo Support" addresses - kind of like being a contractor - for any payments / support from others for "generic" cXo support instead of just competing over votes at an MVTEcXo address.

E.g., officers or non-officers could send a satoshi / donation / payment to those addresses to indicate I've been contributing to current officers or those general roles in the community.  The blockchain history of those could be used to calculate a "trust" ranking and be linked back to my main root address.

Now...how do I confirm they're set-up correctly?  Any recommendations for how to setup the wallets? Should I be using separate wallet.dat files for the "Root" addresses and the "Support" addresses? Etc

1) Is this even possible with bitcoin? I may remember hearing that bitcoin is really destroying the original address / sending the remaining original balance to a new address / etc...

2) Chainbrowser doesn't seem to show anything coming out of the root address - does chainbrowser show transfers of 1 satoshi?

3) Does mmcvotes only show votes to MVTE addresses, or votes to any address? 

4) mmcvotes is also currently only showing 1 vote from my root address to FaSan, but I've also voted for other officers.  I think I saw all my votes on mmcvotes a few days ago, but now just FaSan.  Can you vote for more than one address from the same balance and have them count? (or will #1 prevent that?)

Overall, it may look like I need to maintain separate wallet.dat files for each address, and use separate addresses/balances to vote for separate officers...that's a lot of manual work to try to maintain my own accounting / update votes / etc...

Any suggestions?

Yes, it can play with your emotions...

The officer structure is nice, and the voting will show to have other uses / value.  Right now, MMC users are the only ones really developing the coin...so it will take some time to roll stuff out. Unfortunately, the crypto community is impatient and doesn't understand growth valuation.

There is still and always has been a decent spread...so it will most likely just result in consolidation by the community meaning stronger future development, meaning more growth, meaning more value, meaning higher prices...

MMC still hasn't had a chance to explore the social networking side, which will be huge.  You can also use it in trade negotiation and credit / futures applications in the future.  Still lots of potential...

And, who knows...maybe this is just people like newmine giving up and going away

I do not mean to offend - this is a generally applicable question / obstacle that any new MMC merchant stores, etc, will need to overcome for new users:

How can I or other MMC users trust that website?

E.g., I've been waiting for a Coinabul order for 4 months.  They stole my money, how do I know you aren't Coinabul in another form? [Edit: See post below.]

Right now, MMC Officers are about the only ones I trust by proxy through the community voting for them. If you had announced you were looking to support the existing CMO officer team, worked with them, been paid / tipped etc, and there were payment or support chains from the current CMO to a MMC address...I would consider that as "accumulating MMC trust".

Instead, you announced CMO candidacy in competition to the current CMO team.  I can only assume that you are their enemy.  Do they trust their enemy? Should I trust their enemy? Etc...

I don't mean anything personal - and most people wouldn't even consider this or really need to, but I approach everything from game theory, trust, and stakes, etc...

I know myself, I know other people, the community knows other people....but none of us knows everyone....how can we build and spread trust around the community?

1) MemoryCoin lowers the cost of adoption to increase accessibility for those who may be left behind by innovations in virtual currency.  MemoryCoin broadens the virtual currency user base to create an empowered community of individuals with a voice in its development.

2) Last paragraph - instead of "used to finance the MemoryCoin infrastructure", maybe change to "used for community development and job growth"

-IMO, I prefer the "skill training" and "job growth" angles...let's get some young web developers in here to volunteer for some work

3) Minor comment: Is "Official Charity" the phrase we use?  Kind of sounds like they'll be our permanent charity when they could get knocked off the list... maybe "Community Charity" or "Elected Charity"?

...announced today that any charitable organization that wishes to become MemoryCoin's Official Charity, can publicly declare itself a candidate to be elected MemoryCoin's Community Charity and receive a 1% donation of all coins mined; as of today this amount of MemoryCoins translates into about a few hundred dollars per day.

____________________________________________

...don't use my name

That may be good to speed individual adoption.

Mid-term, I think we should be looking at merchants, other exchanges, etc and be "behind-the-scenes" because of our intended low volatility / stable price...a reserve currency that merchants keep their operating budgets in / etc to escape volatility...but that's a chicken-egg problem.

For the most part, this seems to be FTC right now...but fast transaction times wouldn't be so necessary.

If we actually got there, it would eliminate risk-exposure from time / volatility.  I could even see MMC being used for credit and/or futures options, etc...

You can either trade from A to B, or you can add / distribute value by trading from A through C to B in a cooperative trade agreement which brings more value into the overall system.  You don't go straight from sink to source...you distribute the trade network.  I think the point of MMC is to have us go out and find ideas for C and grow the MMC economy.

One possible future trade network:

A person/organization can set-up their own virtual "closed" community within MMC.  You could record/store the details in DTC as necessary, including a private key.  Only allows and accepts transactions to/from addresses connected to other specific MMC addresses.  The world can audit and verify the two separate blockchains to the necessary degree.  All other MMC users can go off and do what they wish, and may not even know this community exists.

It can choose to only trade with certain "exchanges".  An exchange is simply an ongoing trade agreement.  These exchanges can agree to only accept certain coins.  Any customer registration / regulations / AML / etc can be handled by exchanges and pools.  This is a "smaller" set of exchanges and pools, maybe with additional requirements, than what we are used to...but they are intended for a specific purpose.

A coin could be created with exchanges to buy/sell excess power generation from renewable installations throughout the world above baseload levels (peak-shaving) - call this Powercoin.

Another coin could be created for local community exchanges.  Mining equipment used instead primarily for heating applications could be designed, built, and donated.  Either individual space heaters, or custom enclosures with multiple CPUs / GPUs and a blower connected to a home's central air ducts.  Community miners would agree to accept an on/off signal from the pool and/or could exchange for the previous coin - call this Lifecoin.

The local community exchanges sell these coins on the open-market.  These local community exchanges can also arrange agreements so that local members can use them to pay for services provided by the community's parent jurisdiction, for example...EBT or healthcare.gov vouchers?

BTC Oyate project and Sean's Outpost both look like good candidates to fit into such a model.  They could both accept MMC donations from users, and then trade real-world services and goods with each other.  E.g., donations meant for BTC Oyate are provided to Sean's Outpost, and vice-versa.  Processing / set-up / configuration of any donated equipment and/or a work-training program.

Coin development means creating and training apprentice teams of distributed web developers, pool operators, and financial traders, which could be done and supported by MemoryCoin Officers.  Apprentices accumulate community trust by doing so, which is recorded in the blockchain.

Essentially a global distributed smart-grid.  Renewable electricity on one side of the globe is essentially bought and traded to the other side of the globe to local communities.  Used to get free heat and wealth to the impoverished from renewables, instead of used to shut off AC to prevent brown-outs.  The intangible value to each member of the trade route allows sufficient margin to offset the final costs.

Connected to the global cryptocurrency system at the top by the "closed" / "responsible organization" within the MMC community, then through other trusted MMC users out into the rest of the MMC / crypto world, along with any KYC / etc requirements at the local level. 

It could potentially fit well into existing concepts of credit unions, cooperative labor unions, nonprofit organizations, and voluntary markets.

The system would be self-regulated, transparent, and self-enforced by the MMC community.  Traders / exchanges / pools / miners / markets / etc would result in whatever prices necessary.  Any community could reproduce such a concept, adding market pressure.  Social pressure would be expected to force government organizations to accept and/or offer discounts and/or fees to the exchanges.  The intangible environmental benefits would probably add sufficient premiums in themselves  The bulk of self-disclosure is handled at the community level, with appropriate controls traceable and verifiable along the way.

MMC becomes a coin factory.  Creates jobs, spurs capital investment, cures the recession, and changes the world along the way.

Post comments / thoughts below.  If it sounds possible, take the message outside.