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January 2016 Budget Proposal

Discussion in 'Official Announcements' started by eduffield, Dec 28, 2015.

  1. eduffield

    eduffield Core Developer

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    We're really excited about the budget proposals for this month! There are some very special projects this month the team has been working very hard to put together. So help us end the year strong and start the new one with forward momentum!

    Next month we’ll be attending Bitcoin Miami, which is one of the largest Bitcoin conferences! Be sure to try and catch my presentation about Dash Evolution. We’ll be presenting a very early prototype and showing what the next-gen system can do.

    Previous Items:

    Core Team Budget - 1174 DASH

    Public Awareness Campaign - 2226 DASH (ongoing) (Please see the Michael Terpin - Transform.PR new project below.)

    Dash.org domain acquisition - 2100 DASH

    Liquidity Providers - 121 DASH

    We have created a new team to support the network by providing liquidity for the mixing.

    New Proposal Items:


    Dash-Lamassu ATM Integration - 610.26 DASH - 12 months


    [​IMG]

    We are very happy to announce our project to integrate Dash into the Lamassu ATM machines. One of our top priorities from a business development perspective is to improve direct access to our network for end users. We believe crypto ATMs are a great way for regular people to get access to DASH without being adept to crypto-currency online trading and Lamassu has currently the largest number of machines operating around the world of all the manufacturers.

    Crypto ATMs will help bring DASH into the everyday life of regular users and increase utility by providing a physical bridge into the network. Dash is partnering with Deginner, a development firm with experience with the Lamassu machiness and the awareness of Lamassu to perform the integration. Support over a longer time frame is required to ensure the integration will be maintained for any changes in Dash or the Lamassu system, for this, Deginner will include a two year support for the integration. Ira Miller, from Deginner, has been instrumental in opening this opportunity for Dash by leading the conversation with the Lamassu team and making sure they are aware of the project.

    This is a big project, as one key requirement of the integration is for Dash to be able to be presented to the user side-by-side with Bitcoin, meaning a current BTM operator can continue to offer BTC as he normally does and just expand to also offer DASH as an alternative by selecting an option in the menu if he desires. This means the whole system, including the UI, need to change as it was originally designed to do only BTC. This is critical to make it attractive for existing operators to offer Dash without any disruption to their BTC business or machines, just a menu option where they can activate DASH support at will. Also, for new DASH ATM operators which primary interest is DASH it makes sense to also offer BTC, creating synergies between both networks. The alternative of converting the machines from BTC exclusive to DASH exclusive was not really viable as there would not be a business case for current BTM operators to exclude BTC in favor of DASH at this point in time.

    Ira Miller, Deginner founder and CEO, is a developer and entrepreneur working in Bitcoin since 2011, he was part of Bitinstant and founded Coinapult in 2012 with Erik Voorhees, which he sold in 2015. We hope that Ira’s collaboration and support for Dash continues in years to come.

    Deginner was founded in early 2015 by former Coinapult CEO and CTO, isysd and g-p-g. The Deginner team has built many cryptocurrency services and apps in the past, and now focuses entirely on open source tools. They developed the lamassu-coinapult trade, wallet, and ticker plugins, and have good relationships with the Lamassu team, as well as many of their operators. If this project is approved, Deginner will ensure it is deployed on at least one network of BTMs, starting with the one in Panama City, Panama.

    Special thanks to Minotaur (Head of Business Development for Dash) for making this possible.

    More information: https://github.com/deginner/DashLamassuProposal | https://angel.co/ira-miller


    Transform PR - Michael Terpin - 1100 DASH - 3 months

    The Dash project has been growing fast and it has gotten to the point where we feel is important to have professional PR representation with experience in the crypto industry. During the Labitconf conference in Mexico City, we were lucky to meet PR specialist Michael Terpin and had the opportunity to discuss Dash in detail and he was able to see the potential and became interested in working with Dash. Transform PR has been behind many very successful campaigns such as Etherium, Counterparty and Mastercoin.

    Counting with the support of industry leaders like Michael willing to work with Dash and help promote it to a larger user base, shows the world Dash is a special project with a lot of potential.
     
    #1 eduffield, Dec 28, 2015
    Last edited by a moderator: Dec 28, 2015
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  2. eduffield

    eduffield Core Developer

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    Who is Michael Terpin?

    Michael Terpin, CEO and founder of Transform.PR, has nearly 25 years of PR agency management. He has directly supervised many renowned PR campaigns of the digital media era, including early-stage PR for America Online, Earthlink, Jupiter, Motley Fool, Match.com, and Shapeways, as well as full-service campaigns with established brands, including Alpine, AT&T, Diamond Multimedia, Fujitsu, JBL, Konami, Memorex, Philips, Rackspace, Red Herring, and TEAC.

    Terpin founded Marketwire, one of the world’s largest and most comprehensive international newswires. Originally known as Internet Wire, Marketwire was acquired in April 2006 by Toronto-based media company, CCN Matthews, and is now owned by OMERS Private Equity. Marketwire employs more than 200 people and has annual revenues of more than $100 million, with offices on four continents. In early 2013, Terpin co-founded BitAngels, the first angel network for investors in cryptocurrency startups, which has grown to more than 500 members, completing two dozen investments. He has been a frequent speaker at leading technology and marketing conferences, including Ad:Tech, CES, E3, ETRE, NAB, PRSA and Social Media Week, as well as the vast majority of cryptocurrency conferences globally. He was a finalist in the 2000 Ernst & Young Entrepreneur of the Year Award.

    Terpin holds an MFA in Creative Writing from SUNY at Buffalo and a dual Bachelor Degree in Newspaper Journalism and English Literature from Syracuse University. He serves as an advisor to SU’s Newhouse School of Public Communications, where he was inducted into its prestigious Wall of Fame in October 2000. Terpin is also a private investor and/or board member for several privately held technology start-up companies, and he is chairman of the PR industry digital media company, CommPro Global. He is regularly interviewed by Bloomberg, Entrepreneur, the Wall Street Journal and other leading media, as well as writes about digital asset topics for Barrons, Forbes, CoinDesk and Cointelegraph, among others.


    What is Transform.PR and what is their experience with crypto?


    Transform Group, LLC is a full-service public relations, social media marketing and marketing strategy firm, with an international client base and strong domain expertise in high technology, financial communications, media/entertainment, consumer electronics and consumer products. Headquartered in Las Vegas, with offices in Los Angeles and Silicon Valley, the Firm is dedicated to creating and sustaining industry leadership positions for its clients through superior strategy, relationships, market intelligence and consistent execution. Over the past two decades, the Firm has helped seize market leadership opportunities in fast-changing markets, including technology and consumer electronics; media and entertainment; finance and healthcare. The Firm has been at the forefront of establishing market trends, including the introduction of the first digital camera (Chinon), nationwide ISP (Earthlink), large-scale technology incubator (America Online Greenhouse), online financial community (The Motley Fool), first videogame superstar (Fatal1ty) and world’s largest call to action (Live 8 music concerts, with 27 million participants). The Firm has also been a leader in Internet marketing, technology crisis management, social media, and international market entry.

    Transform Public Relations is the brand for the Firm’s public relations practice, layering in thought leadership and a focus on new paradigms and markets (including 3D, big data, Bitcoin, digital media, mobile, on-demand platforms, robotics/drones and SaaS). Transform Group is the leading PR firm in the cryptocurrency sector, having represented more than 40 companies, organizations and projects in the sectors since 2013, including Augur, Bitcoin Shop, Blade, ChangeTip, Factom, Gem, GEMS, GoCoin, Gyft, KnCMiner, Kraken, Mastercoin, MaidSafe, Rivetz, ShapeShift, Storj, Swarm and Tether.

    SocialRadius is the social media marketing division of Transform Group. With roots going back to 2003, it is one of the nation’s first social media marketing agencies, pioneering many strategies and techniques that are common today. SocialRadius crafts unique, dedicated solutions to each client’s individual requirements. Today, its solutions involve a powerful combination of social network marketing (Twitter, LinkedIn, Facebook, Instagram, Pinterest, Google+) and social platforms (YouTube, Wikipedia, Tumblr, Quora, Reddit), as well as blog development and content marketing. SocialRadius works with large multinationals as well as smaller entities across a number of industries, and its programs range from strategy and training to full campaign execution. Success stories include the outreach for recording artist will.i.am’s Yes We Can video for the Obama campaign (which won 2008 Emmy, Global Media and Webby awards, as well as a 2009 Clio Gold Lion, garnering 50 million views on YouTube and 500 million traditional media impressions); social media event marketing for Live8, social mobile marketing at LiveEarth, the Green Inaugural Ball and the David Lynch Foundation; and the viral marketing of Scarface School Play for Rockhard Films (3 million views in two days).

    What will the campaign be focused on?

    This initial three-month campaign seeks to gain a high level of visibility in both the crypto community and the mainstream business and technology press, which is critical to driving new user adoption and demonstrating industry leadership. Through a hyper-targeted, aggressive, yet strategic approach, Transform will initiate the perfect storm of media coverage extending traditional outreach across the crypto, technology, and business verticals.

    The goals for our campaign on behalf of Dash include the following:
    1. Establish Dash as the first privacy-centric cryptographic currency that is based on Bitcoin software and addresses many of the problems of Bitcoin.
    2. Increase understanding of Dash’s digital asset and unique blockchain technology.
    3. Raise visibility around Dash’s technological achievements within the crypto community through a steady stream of hard news coverage, as well as begin to penetrate top-tier business and technology media through features and commentary.
    4. Substantially increase the visibility of Dash in blogs and/or Web searches throughout the three-month campaign, as well as in social media mentions as a result of this increased coverage.
    5. Increase understanding and demand for Dash, resulting in higher volume and price relative to bitcoin.


    Investment

    Traditional Public Relations Elements
    • $6,000 per month for Public Relations, Thought Leadership, and Conferences

    The Firm’s basic retainer is an estimate of actual hours expected to be billed by the Firm for this campaign, according to the Firm’s standard hourly rate schedule. Client will be notified in advance if total hours are expected to exceed the monthly retainer. Unless otherwise agreed, this retainer is intended as a flat fee.

    Expenses: Newswire distribution, if desired, is billed separately and averages about $300 per release. Any long-distance travel in support of trade shows or press tours (involving airplanes and/or hotels) will be paid for by Client, typically in advance. There are no travel expenses where CEO Michael Terpin is already attending a conference and simply shares time among clients and speaking.

    What is this proposal for?

    This proposal is only asking for partial funding of 1100 DASH for 3 months to complete the required budget as the currently existing PR budget will now be mostly dedicated to this program with Michael for the next 3 months and will cover most of the expenses. Depending on results we expect to continue to collaborate with Transform.PR during 2016.

    More information: www.transform.PR

    Special thanks to Minotaur for helping with this project.



    Sponsor-DailyDecrypt - 150 DASH - 1 month

    The Daily Decrypt has been a great source of information about the ongoing development of the crypto scene and a supporter of Dash. They would like to be sponsored by the community (directly from the blockchain!) and advertise our cryptocurrency on their show.

    Checkout their shows here: https://www.youtube.com/channel/UCqNCLd2r19wpWWQE6yDLOOQ


    Please vote to support our network!

    #Sponsor-DailyDecrypt
    mnbudget vote 3561d143ad58bef7be845583b8e0764bbbb6ea1595a1f0499add358f34c4cfd0 yes

    #transform-pr
    mnbudget vote a425e35fa2db7c55b0b0d8cb430b9df9925cb7cc1b9322d3635ec4c744121b00 yes

    #lamassu-integration
    mnbudget vote 19fae1eedd796df4dcdb7a4254d294e0c7cc5f97120eed6db43af7f53ad23861 yes


    January Budget:

     
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  3. isysd

    isysd Member

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    Hi everyone, I am from Deginner and am happy to answer any questions related to the Lamassu integration. We are very excited to finally get an opportunity to work with Dash, and look forward to developing new access ramps and use cases in the future.
     
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  4. raganius

    raganius cryptoPag.com
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    wow! many great news for 2016!
    Thank you so much for this!
    Welcome, isysd :)
     
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  5. Sub-Ether

    Sub-Ether Well-known Member

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    Rock on, great news for the new year :)
     
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  6. TaoOfSatoshi

    TaoOfSatoshi Grizzled Member
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    #6 TaoOfSatoshi, Dec 28, 2015
    Last edited by a moderator: Dec 28, 2015
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  7. daf

    daf Active Member

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    I must say I'm impressed by the hard work the core team manages to get through, on so many different levels.
    My vote will be yes.
     
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  8. pille

    pille Active Member

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    You are always good for a surprise, damn. Excited!
     
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  9. MangledBlue

    MangledBlue Well-known Member
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    all smiles
     
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  10. alex-ru

    alex-ru Grizzled Member
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    Hi and welcome!

    It is interesting opportunity, but... 610DASH*12moths is a big amount... So my questions are:

    1. How many ATMs with DASH do you plan to see (really working in the field ATMs) till the end of 2016?
    2. Will it be updated ATMs that are working in "only-Bitcoin" mode now or only new ATMs?
    3. Do you plan to add any other cryptocurrencies (in addition to Dash and Bitcoin) to your ATMs in 2016?

    Thanks.
     
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  11. isysd

    isysd Member

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    Hi alex-ru, thanks for your questions. The work is not trivial to make this a good integration, and we want it to be something Lamassu themselves would be proud to merge. More importantly it has to work very well for operators. We intend to operate and support Dash-enabled machines ourselves.

    1. This isn't really up to us... we just write the software. Anyone can buy and operate machines. That being said, I'd guess 5-20 Dash-enabled CTMs (crypto teller machines) will be in the field by the end of 2016.
    2. The final build for this project will include an installer that an existing Lamassu operator could use to add Dash support. I'm told that Lamassu will be coming out with an official installer package soon, which we'll integrate with, when ready.
    3. We don't have any plans to add other cryptocurrencies to Lamassu CTMs as of yet.

    *edited to answer edited question in quoted post*

     
    #11 isysd, Dec 28, 2015
    Last edited by a moderator: Dec 28, 2015
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  12. Solarminer

    Solarminer Well-known Member

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    Evan,
    What is the progress on InstantX for the android mobile wallet? This is a requirement for ATMs and any point of sale terminals. We also have a use for this with a project we are doing for Miami and have asked fulltimegeek for help, but no update in the last 2 weeks. This should be a priority.

    I would suggest we dissolve the public awareness proposal. We now have overlapping proposals with Transform PR. We should switch to voting in proposals individually. DailyDecrypt, events, conferences, Transform PR, can all be voted on individually. The public awareness team has also not provided any details how the funding up to date has been allocated or any anticipated future uses(except Transform PR). Specifically what advertising is included and what is not and why the DailyDecrypt not in the public awareness but Transform PR is?

    Great news with the ATM integration. Dash is a perfect fit!
     
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  13. acidburn

    acidburn Active Member

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    SolarMiner you make a great point about the PR case.
     
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  14. TheDashGuy

    TheDashGuy Well-known Member

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    Ok ok I know I said lets all move fast, but slow down!!! I need some time to hoard my coins! :p

    Good stuff guys! And gals!
     
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  15. moocowmoo

    moocowmoo Bovine Bit-flipper
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    Dash Address:
    XmoocowYfrPKUR6p6M5aJZdVntQe71irCX
    Excellent news! Voted!

    upload_2015-12-28_15-0-31.png

    to vote with (linux only) dashvote, have your dash-cli and masternode.conf in ~/.dash and do:
    Code:
    git clone https://github.com/moocowmoo/dashman.git
    dashman/dashman vote
    You'll be prompted to install any missing dependencies if needed.
     
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  16. fible1

    fible1 Well-known Member
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    This is all great news, way beyond anything I thought we were up to at this point.

    I do have a recurring question I haven't managed to get answered though: what have all previous advertising budgets up to December been spent on? That is like 20k+ and I haven't seen an accounting of that. Sorry if I missed that post about it, but would be happy to hear back from someone in the know.

    Pablo.
     
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  17. isysd

    isysd Member

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    With 520 yes and 0 no votes, it seems safe to say the Lamassu integration proposal will pass. Thank you all for your support!

    I took the liberty of making an official thread for the project. I will monitor this thread for any questions, but invite project-specific discussion to take place at the new location.

    https://dashtalk.org/threads/dash-lamassu-integration-official-thread.7393/
     
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  18. Lebubar

    Lebubar Active Member

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    Amazing move.
     
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  19. buster

    buster Guest

    https://dashninja.pl/budgets.html

    I wonder why the masternode votes are so low.

    Is it safe to assume that people who hold large portions of masternodes are not voting because wouldn't it be obvious when they do vote? Maybe these masternode operators spread the votes out so as to not increase or decrease it so rapidly?

    I get it, people don't want to publicize their votes or whether or not they are voting at all. I know there are some big whales out there with some big masternode holdings, and I'm wondering why they are not voting? Do people stop voting once a proposal is passed? If so why?

    We have this amazing technology, this community is one of the first of it's kind, but for some reason it seems that some people just don't give a shit? it's a little disheartening.

    Congrats on the budget proposal, lets hope we can figure out why people are not participating and perhaps put in a proposal to fix it? :)
     
  20. tungfa

    tungfa Administrator
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    example
    otho posted at some point that he never votes !
    (do not aske me why)

    we had this discussion before
    in the 'normal world' (country elections) you hit around 40% and the MN votes are in a similar range
     
  21. buster

    buster Guest

    We are averaging around 700-950 votes per proposal until these recent proposals, which is most certainly not 40%.

    I see the similarities in political elections but I don't think they are the same. I don't have any reason why other than the fact that I don't vote and don't really care to vote in political elections, but I do care about this project and actively participating in my role.

    Evan said it best in some of his recent interviews when he called masternode owners "employees" of the network. Would you hire an employee who doesn't do her job? I wouldnt.
     
  22. tungfa

    tungfa Administrator
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    well
    how do you wanna 'force' that ?
    no MN payment if not voted for 4 weeks ?
    can not ;)
     
  23. buster

    buster Guest

    I don't have a solution other than raising my voice to build awareness in an attempt to create discussion. I enjoy the clap clap comments but the painting is on the walls and often times we just brush it off.
     
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  24. buster

    buster Guest

    1) coordinate with marketing team to promote the budget via all channels to ensure masternode operators are aware of the new budget proposals. We have funding for marketing, use it.

    2) make the official budget proposal announcement not on these forums or bct, but rather on the press page at dash.org. link that page via all social media networks you run.

    3) create some kind of anonymous notification system where operators can be notified of new proposals.

    4) tell the whales to vote. It's easy over at www.dashwhale.org
     
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  25. tungfa

    tungfa Administrator
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    We are blasting this out through all channels incl 'Please Vote' reminders

    100% agree !
    All official News, Annoucments, releases,... should come over dash.org
    (we are missing out on so many hits)

    trust me they know, they just do not vote !

    ok :
    " Hey Whales ! Yes YOU , go and vote please "
    ;)
     
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  26. masternode

    masternode New Member

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    Hi I don't post on here very much, but one of the proposals has me a bit concerned so I thought I should vocalize my thoughts.

    While Michael Terpin does appear to have good credentials in PR and while he may be connected to major publications like the Wall Street Journal and the New York Times, I'm far from convinced he will be able to deliver DASH publicity to these sorts of major financial publications mostly because no one to date (from what I've seen) has managed to get any real publicity for ANY Altcoin in a major publication like those. Keep in mind that even Ripple (#2 market cap after BTC) which was massively funded and welcomed by some banks hasn't been able to get any sort of major publicity beyond Bitcoin outlets other than an occasional mention on a wsj blog post in which Ripple wasn't even the focus. So how are we to believe that Michael will deliver this for DASH? I think there is a very low probability that he can deliver this.

    I'm not opposed to letting Micheal try to leverage his contacts to see if he can deliver, but to sign with them for 3 months at $6k per month to me seems excessive without having any sort of guarantee that his reach will go beyond what we can easily get ourselves today (Coindesk, Coin Telegraph, etc.).

    I seriously think we should either consider using him for 1 month to see what he delivers, or structure the deal in such a way were he only gets his full fee if he meets certain deliverables (i.e. WSJ, NYT, etc.). If he's as effective as he is selling us that he is, then this shouldn't be a problem. And if he doesn't deliver, well then we aren't out $18k (maybe some lesser amount like $6k for his time and work). Those are my thoughts on that.

    On the other hand, I think the Lamassu opportunity is fantastic and I'm excited to see how that turns out!

    -Ed
     
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  27. Minotaur

    Minotaur Well-known Member
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    I think what you are missing is that the system is designed to resolve conflict and the community is a pretty united front at the moment. The project is making progress and gaining momentum so it makes sense that there is not a lot of controversy around what is being done.

    From my perspective voting is a right not an obligation, I think people at the moment feel pretty happy with the way things are going and thus if a proposal they agree with has already passed they may just watch from the sidelines. Lets hope that we don't get to a more controversial situation that divides the community but if we ever do I think you would see a larger percentage of participation happen, is like a veto power the operators are not really exercising while we are all in general terms happy and watching the project exceed expectations.
     
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  28. TheDashGuy

    TheDashGuy Well-known Member

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    He's a thankin! I like this one, mommy can I keep him?
     
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  29. fulltimegeek

    fulltimegeek Well-known Member
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    You do realize I officially joined dev team on December 25th right (4 days ago)? You think it's as easy as adding one line of code to make that work? I'm still working on coverting Bitcoinj to work as a Dash SPV wallet for Android. Once I get that working then IX implementation. Also, it's not like I'm being paid fortunes to do this (70 Dash), I'm mostly doing it for education and fun. I rather not even get paid by budgeting system if it'll lead to political strife.
     
    #29 fulltimegeek, Dec 29, 2015
    Last edited by a moderator: Dec 29, 2015
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  30. TheDashGuy

    TheDashGuy Well-known Member

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    Keep doing your thang boo boo, we still love you! (No really, we appreciate you.)

    Thanks for all the hard work good sir.
     
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