Author Topic: BlockPay in Serious Trouble  (Read 32040 times)

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Offline lakerta06

Re: BlockPay in Serious Trouble
« Reply #90 on: June 06, 2017, 11:33:22 am »
And another issue... I got this from the state of the network report

"In this weeks Bitshares Hangout, [member=30868]kenCode[/member] and [member=49]onceuponatime[/member] have revealed that Bitshares Stealth utilizing CA (Confidential Assets) is in active development and should be seeing this tech hit the testnet in the next couple of months. Big thanks to [member=49]onceuponatime[/member] who has taken it upon himself to fund the remaining development of Stealth and ensure Ken and the team have the runway required to finalise the project."

Does this mean blockpay is not going to enjoy the benefits from stealth?

If stealth becomes a core functionality of the BTS network, why should BlockPay be not able to benefit from it/use it? Am I missing some obvious thing?

Offline lil_jay890

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Re: BlockPay in Serious Trouble
« Reply #91 on: June 06, 2017, 01:51:04 pm »
And another issue... I got this from the state of the network report

"In this weeks Bitshares Hangout, [member=30868]kenCode[/member] and [member=49]onceuponatime[/member] have revealed that Bitshares Stealth utilizing CA (Confidential Assets) is in active development and should be seeing this tech hit the testnet in the next couple of months. Big thanks to [member=49]onceuponatime[/member] who has taken it upon himself to fund the remaining development of Stealth and ensure Ken and the team have the runway required to finalise the project."

Does this mean blockpay is not going to enjoy the benefits from stealth?

If stealth becomes a core functionality of the BTS network, why should BlockPay be not able to benefit from it/use it? Am I missing some obvious thing?

Stealth developement is being paid for by blockpay investors... The investors in blockpay should see a direct return from stealth transactions.  [member=30868]kenCode[/member] or [member=38926]Chris4210[/member] needs to clarify how blockpay investors will be compensated for funding stealth.

From the steemit post I quoted, it almost sounds like there is rogue stealth development happening.  Obviously bitshares holders who don't own blockpay couldn't care less who developes stealth, but this should be at the forefront of concerns for blockpay holders.

Offline lil_jay890

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Re: BlockPay in Serious Trouble
« Reply #92 on: June 09, 2017, 12:21:48 am »
Since I received no answer here, I went to the blockpay discord channel... They are contemplating a payback.  The opaqueness of this whole situation is incredible...

Offline Mateusz

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Re: BlockPay in Serious Trouble
« Reply #93 on: June 09, 2017, 07:24:24 am »
No PR whatsoever, the only developer and co-founder has been suspended until further notice and the minority shareholder and CEO thinks he can strong-arm the majority shareholder. Correct me if I'm wrong but it seams to me, it's high time to salvage anything that is left from BlockPay project and move forward under the OpenPOS brand.

Offline Ben Mason

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Re: BlockPay in Serious Trouble
« Reply #94 on: June 09, 2017, 09:18:57 am »
With Bitshares value where it is today and given the troubles with Blockpay, is it not possible for a worker to fund the development of stealth?  That way everyone pays and everyone benefits.  Lets move on asap and get it built.

Offline xeroc

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Re: BlockPay in Serious Trouble
« Reply #95 on: June 09, 2017, 11:07:42 am »
With Bitshares value where it is today and given the troubles with Blockpay, is it not possible for a worker to fund the development of stealth?  That way everyone pays and everyone benefits.  Lets move on asap and get it built.
Only those that hold STEALTH benefit .. and that is mostly dan (who had the foundation coded) and kencode .. no one else has any incentive to work on stealth the way it is right now
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Offline Mateusz

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Re: BlockPay in Serious Trouble
« Reply #96 on: June 09, 2017, 12:31:41 pm »
With Bitshares value where it is today and given the troubles with Blockpay, is it not possible for a worker to fund the development of stealth?  That way everyone pays and everyone benefits.  Lets move on asap and get it built.
Only those that hold STEALTH benefit .. and that is mostly dan (who had the foundation coded) and kencode .. no one else has any incentive to work on stealth the way it is right now

That is besides the BitShares Munich IVS that took money for the development of Stealth and transferred rights to "the stake in the revenue stream from it's products" to the BLOCKPAY token holders. If the CEO were to find himself in a bind that he's unable to solve, he should step down and take his case to the shareholders and the community as the common courtesy dictates. The deliberate opaqueness and unwillingness to debate the situation openly tells it all.

As for the failing price of the BLOCKPAY token I hold the CEO directly responsible.

Offline onceuponatime

Re: BlockPay in Serious Trouble
« Reply #97 on: June 09, 2017, 09:14:59 pm »
So what's been going on in Bitshares-Munich? Part 2
The Plot Thickens - ( !!! and a 5,000 Steem reward !!! )
(that's well over $10,000 US at today's coinmarketcap.com valuation)

Link: copy and paste in your browser
goo.gl/l6qZcV

or

https://steemit.com/beyondbitcoin/[member=49]onceuponatime[/member]/so-what-s-been-going-on-in-bitshares-munich-part-2

Offline lil_jay890

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Re: BlockPay in Serious Trouble
« Reply #98 on: June 16, 2017, 06:18:45 pm »
So what I have garnered this week...

I contacted Chris received a response.  Basically he said he can't comment on the relationship with Ken since it is "complicated".  He also said he is doing his best to retain the value of the blockpay investors investments.

After listening to the hangout today, it appears everyone else at Blockpay has the opinion that Chris has disappeared with the money.  They have not worked in 3 weeks and have not been paid.  They have said chris won't contact them.

It sounds like the community is leaning towards removing Chris from all influential positions within bitshares (running the hangout, committee member)

Basically blockpay is not functioning at all... and from what it sounds like, unless chris comes back and clears the air or gives up control, blockpay is dead.

Offline fav

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Re: BlockPay in Serious Trouble
« Reply #99 on: June 16, 2017, 07:55:07 pm »
So what I have garnered this week...

I contacted Chris received a response.  Basically he said he can't comment on the relationship with Ken since it is "complicated".

is this tinder or something? did he change his relationship status on facebook too?

Offline onceuponatime

Re: BlockPay in Serious Trouble
« Reply #100 on: June 17, 2017, 05:23:37 pm »
Back to work! Weekly Update for BlockPay, Stealth, C-IPFS, Carbon and more...


(   https://steemit.com/news/[member=30868]kenCode[/member]/back-to-work-weekly-update-for-blockpay-stealth-c-ipfs-carbon-and-more  )

Please copy and paste the link
« Last Edit: June 17, 2017, 05:25:39 pm by onceuponatime »

Offline konelectric

Re: BlockPay in Serious Trouble
« Reply #101 on: June 17, 2017, 07:10:26 pm »
Back to work! Weekly Update for BlockPay, Stealth, C-IPFS, Carbon and more...


(   https://steemit.com/news/[member=30868]kenCode[/member]/back-to-work-weekly-update-for-blockpay-stealth-c-ipfs-carbon-and-more  )

Please copy and paste the link

 +5% × infinity. Shorten link: http://bit.ly/2sKjijb
« Last Edit: June 17, 2017, 07:14:39 pm by konelectric »
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Offline karnal

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Re: BlockPay in Serious Trouble
« Reply #102 on: June 20, 2017, 09:32:46 am »
That's some good news.

Offline Permie

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Re: BlockPay in Serious Trouble
« Reply #103 on: June 20, 2017, 09:43:40 am »
Trezor support "soon"?

:DDDDDDDDDDDD
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Offline karnal

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Re: BlockPay in Serious Trouble
« Reply #104 on: June 20, 2017, 09:57:49 am »
Trezor support "soon"?

:DDDDDDDDDDDD

Haven't you noticed?

Summer's here.

:D